1922-04-11 — Page 1

Moutries

have received

the Latest

Victor

The China Mail.

ESTABLISHED

Records.

No. 15.538 二拜的

April 11, 1922, Temperature 65.

號一十月四年二十二百九千一英

Barometer 30.05

BUS FAS

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FEBRUARY & MARCH

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Ide

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knows that ur coffee stande for Aroma and Purity.

nd $1.95 per Ib. (Our Pre-war prices).

YPTIAN TOBACCO STORE, 'BACCONISTS

THE GRAECO -

Colonial Dispensary) (Adjagent to the Jost received a large consigment of Nester Cigarettes. ·

ECONOMY IN

AL

Fahnen Lump Ceal starts for economy in Cord value. All bar & large percentage of dust which are PELCTICALLY WANT. The dost iz FCHUK LA, *F bars fato fa

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Rainfall 000 inch.

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HONGKONG, TUESDAY, APRIL 11. 1922,

TO-DAY'S CABLES.

(Reuter's Service to the China Mail)

GENOA CONFIRENCE OPENS. ·

POWERS' EQUAL STATUS.

EUROPE'S COMMON NEED.

SOVIKT DELEGATES NERVOUS.

LONDON, April 10,

Humidity 9.

March 31, 1921, Temperature 61.

K. FUJIYAMA Photographer,

No 10 Queen's Road Cantri

Hongkong.

Temporary Office,

Matambars Hotal,

Tel. (05-

日五十月三戌壬大歲年一十國民華中

PRICE, $3.00

Per Moan.

GIRM LNY FACING Y\MINE.

ECONOMIC COLLAPSE DANGER.

THE DOLLAR.

To-day's closing rate 2/5 9/16.

Today's opening cate 2:5 9,16,

Ready

EXTERNAL LOAN SUGGESTED.

to

Palm

Beach

BERLIN, April 10.

Suits

The German reply to the Reparations Commission points out that since December the purchasing power of All the approaches to the Palazzo Giorgio were the mark has decreased and the mat of living has densely crowded bears before the opening of the con- steadily risen. The coming summer is contemplated ference. There was an imposing military display every-with the great auriety, inasmuch as Germany is where, including cavalry, with drawn swords. The faced with fam'ne if she is unable to obtain the strictest precautions were taken at the entrance of the necessary foreign currencies for payment of importe? palace where all tickets were closely scrutinised. The rain." The mark, will soon cease to have value abroa i visitors' staircase, draped with crimson decorated with if depreciation in Grau catremcy continues. camelias, was lined with troops. The ancient hall was The note declares that it is in the interests of the crowded two hours before the opening. The seating was entire world to prevent Germany's collapse and reiterates inadequate and the journalists were packed in a gallery the Geran Government's conviction that an external at the back of the hall. Mrs. Lloyd George and Miss loan is the only rimas of covering is reparation Megan Lloyd George sat in the front row of the visitors. obligations and stabilising erchanges. The British delegation was the first to arrive. The Soviet delegates were among the last. They looked

nervous.

CANNES BASIS.

GENOL, Apel 10.

Ali à representatives have agreed that all the powers shall be in an equal po ition at the conference provided the Cannes basis is loyally accepted.

LATER.

The note considers Germany's present taxation the heaviest that can be borne by the German people. Germany could not agres to any control incompatible with ber financial sovereignty.

WR DEBTS.

EXPERTS VIEWS.

Lospos, April 10. Agreement of equality among all the poweza waż

Mr. F. C. Goodenought, Chairman of Barclay's Bank reached at a preliminary meeting of the all ed reprisen addressing the American Chamber of Commerce in tatives at which France objected to tresting Russia and London said that adjustment of war debt; was essential Germany on the same basis as the other nations to save the world from an impossible situation. He Lloyd George replied that conference was not being held greeted that the amount payabl: by each debtor for the purpose of issuing altimatums and added that iffion should be finally decided as soon as practicable. Rusda and Garmeny accepted the Chanes resolutions Then Londs should be created and gradually offered to "we must get to work, otherwise the confer pee will be the public for investment. He supported national useless." The Japanese and Italian delegates concurred guarantees endorsed upon bonds which he was con- with France and after discussion accepted this evinced would find a ready market with investors" point.

throughout the world.

CONFERENCE TABLE.

GENOA, April 10.

CBI A'S OPI-X, EVIL.

MISSIONARY'S STATEMENT.

Signor Facts formally oped the conference in the Palazzo Georgio. The delegates of the five coarening powers sat side by side at the principal cross table, the Italians in the centre, the British Empire delegates on the left, the French or the right, and Belgium sád

· Londos, April 10. Japan at the ends. The members of the other states In a letter to the Manchester Guardian, the mission. were placed in fout rows at right angles to the principal ary Hr. J. S. Helps, from Chins, declares that the table, the Russians between the Serbians and Rumanians,reported et tement of M. Chao Hsin Chu, the Chiusse with the Finns in front of the Swedes and Spaniards.

WASHINGTON SPIRIT NECESSARY.

Charge d'Affaires at the anti-opium. meeting on April 5, Genos, April 10. that opiam-smoking had practically disapeared in Signor Facts, opening the conference, emphasised China is incorrect. He says that there has been a that they must work for the peace of Europe in the rin-revival of opium planting and smoking in all but a few cere spirit that inspired the Washington conference parts of China during the past three or four years which Discussions should be dominated by the principle that has not been merely encouraged bat has often been the salvation of the community of nations could only

22

be attained by establishing just accord between inde forced upon the people by the so-called military govern. pendente, cutonomy, and sovereignty of individual or for the sake of the revenue. Those knowing China states. He said that Italy was ready to remove all probat fear that the situation with regard to opium smak. hibitive and protectionist obstacles to the developmenting will soon be as bad as ever, .. at commerce.

-

AMERICA'S ABSENCE.

GENOA, Ap: 10. Signor Facts; after bis presidential address, afirmed that the conference was based wholly on the Cannes resolutions.

Mr. Lloyd George pointed out that Europe needed

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Lospos, April 10.

a common effort to restore commerce and irinstry In the House of Commons, in answer to questions, which was everywhere disorganised and depressed. The the Home Secretary, Mr. Shortt said that a bill dealing first need was real peace, and discussion of currency

exchanges and transport. Credit would be unavailing with the nationality of children of British parents born unless goodwill among the nations was established. abroad had been drafted. Endeavours were being made The world was oze. economic unit. He therefore reto obtain the concurrence of all the dominions so that gretted the absence of America but beli-ved that witir the success of the conference America would gladly the bill could be taken at the earliest possible moment. The Basent of Canada and Newfoundland had not yet been received. Representations were being made to Canada.

come in.

FRANCE'S ATTITUDE.

.M. Barthou declared that the world was suffering. from lack of security. Stability and active faith alone could save the world, France did not pretend to exer cise hegemony. She was wholly paceloring and would not have criminal aberration disturbing the peas of the world. The complexity of the questions before the com ferencz precluded simplicity of formulae and behoved each nation to aid in the reconstruction success of all.

STOP THE SNARLING.

GENOA, Apr1 11.

CITY JQUITABLE SM48 8.

LIABILITIES £2,500,000.

Losos, April 10.

At a meeting of the creditors of the bankrupt City- Equitable and associated limited companies the Official

Mr. Lloyd George, in the course of his opening Receiver was appointed as liquidstor. He said that the speech to the conference, stres ei that all the nations liabilities were estimated at £1,500,000 and the assets at were meeting on equal terms provided they accepted £952.

equal conditions. He proceeded to summarize, the

Cannes resolutions sa felions

(1) The nations must agree not to repudiale dents.

notwithstanding change of government.

tions,

RI'S $13,000 009 LOAN.

NEW YORK, April 10.

(2) No country must wage war on another's instru The $13,000,000 eight per cant. Rio de Janito ez-

(3) No nation must engage in aggressive operation termal loan repayable in 25 years baseen largely against another's territory,

(4) Equal justice for foreigners în con te of hav Mr. Lloyd George said Eise tude of actual p had ceased but parling continure włach wae nodiges and distracting. The scuference would makezu zwol contribution towards the restoration of Europe if it gaa stop that enacing. He enjoined the nations not to coll ---boulder Fin-from-u je plunge kunt dele pear would sweep, thượugh: the world if the conference failed:

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