1922-10-05 — Page 1

China Mail 德臣西報 中國郵報 All

MUSIC

Fon CHILDREN.

SEC

Moutries'

advertisement

The China Mail.

ESTABLISHED

October 5, 1922, Temperature 72.

Barometer 20 80

Rainfall 0,03 inch.

Humidity 92.

October 5, 1921, Temperature 73

No. 18,68J.

四拜禮 號五月十年二十二百九十一英

BUSINESS NOTICES

Good music for your children

To give your children the benefit of the world's best music, you need a Victrola and Victor records.

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We can supply you with the Victrola you want for your home. Fasv payment plan if you prefer.

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HONGKONG, THURSDAY, OCTOBER 5, 1922,

TO-DAY'S CABLES.

(Reuter's Service to the China Mail.)

SOLVING THE NEAR FAST PROBLEM.

MUDANIA CONFERENCE OPENS,

NATIONALISTS ACCEPT ALLIED NOTE PRINCIPLE.

CONSTANTINOPLE, October 4.

A communique issued by the British Headquarters statee: The conference at Madania opened at three o'clock in the afternoon of Tuesday. It proceeded satisfactorily. Ismet Pasha reissued orders to the Nationalist troops to avoid all contact. The nationalists accepted the principle of the allied nota.".

BT+BAREADY-TURIT PRICE, $3.00 Per Month.

BUSINESS NOTICES

THE DOLLAR.

To-day's closing rate 2/5 13/16. To-day's opening rate 2/6 13/18,

REPARATIONS PROBLEM

BRITISH BANKER'S VIEWS.

HOW TO SAVE THE MARE.

NEW YORK, October 4... Addressing the Bankers' Association Convention, r, Reginald McKeon, Chairman of the London Joint City and Midland Bank, dealing with reparations and international debts, said that Germany's experts were A communique issued by the French Headquatters bately equal to her imports. They furnished no surplus states: "Thanks to the conciliatory disposition of both. eides at the meeting of allied generals with Jamet Pasla, for reparations. He suggested the practicability of the agreement was reached without difficulty as regards the Germans selling their foreign assots, which he estiranted majority of the articles constituting the basis of the at a billion dollars, to the German Government which question. The meeting ended at eight o'clock in the even- could hand them over Reparitions Commission. No ing and will be resumed at ten o'clock in the morning other money payments should be demanded from The Allied generals in the interval exchanged views Germany for at least three years. The result would be regarding the non-fundamental objections of the Turkish to arrest the fall in the mark and generally stabilise delegate. The general impression is very satisfactory."

exchanges. Both communiques state that a Greek military mission is expected to day,

Mastapha Kemal has arrived at Angora. SETTLEMENT OBSTACLES. Pressmen were not allowed at the Mudania con- ference, concerning which the greatest secrecy has been preserved. Two obstacles are indicated by British com- imentators to day as likely to prevent an immediate settlement of terms for a Turkish and Greek armistice, namely Greek refusal to evacuate Thrace and Turkish josietence on the British withdrawing from Charak. It is declared that the British attitude in the latter respect has not weakened, while as regarda Greece it is believed M Venizelos inuiste on the new government recognizing the inots of the situation before he will accept a mandate to represent them abroad.

DELICATE SITUATION.

With reference to Greek apprehensions of immediato Turkish occupation of East Thrace, oven by gender- marie as suggested at Constantinople, it is pointed out that the London joint allied note of September 23, laid

INTER-ALLIED DEBTS.

Britain was able to pay the interest and sinking fard of her debt to America, but none of the other debtors were able to meet more than a small part of their external liabilities. He suggested postponement of their payments. A conference of creditors and debtors could enquire into their exportable surplus and

certain the amount they could ultimately pay.

HOME COALI:ELDJ,

MINERS' NEW DEMANDS.

́OWNEES" £2,000,000 LOSSES.

LONDON, October 4.

A critical position has arisen on the coalfields, in down that the Allies would administer East Thrace spite of a temporary revival in the export trade owing pending settlement by a full conference. Their im

mediate objective is to secure Greek withdrawal, and to the strike in America,

they are not likely to tolerate the landing of Turkish The coalowners declare that nearly £3,000,000 has forces which would be the swiftest method of setting the been lost in the fiftasu months since government son., Balkana aflame.

The inter-allied commissions to Thrace hasa al-trol ended. The average minem' wages, have fallen to ready departed. It is hoped they will succeed in pacify-between 40 and 50 per cent, above the 1914 figure. Mr. ing the population pending temporary allied administra-Frank Hodges has declared that wages are 60 point,

tion,

below the cost of living. The miners suggest an extra 38. per ton on the pithead price of coal in order to secure a living wage.

HOW WAR WAS AVERTED,

LONDON, October 4.. The Manchester Guardian says that when Parliament meats the Independent Liberals will demand the papers The owners will not agree that the men are generally covering the dangerous sixteen days since September 15. so badly off as they have represented. They contend

The newspaper alleges that the attitude of the there is not enough revenue to provide a better wage; British Government completely changed after the Greek

revolution, resulting in the statement of September 29 and further reduction in milway transport charges is about the ultimatum to Kemal, but Cleneral Harington the only way to revive trade.

virtually refused to deliver the ultimatum. He wa The Executive of the Micers' Federation is dis- supported in this by Admiral Brock and the High Comcussing the matter in London to-day and will submit ita missioner, Sir Horace Rumbold. The Independent Liberals consider that General Harington's action saved propoeals to the National Coal Board to-morrow. the Empire from war.

The Manchester Guardian, in an editorial, declares that the present siteation is obscure and threatening. Public opinion must be roused to prevent the Govern mant, whose temper is in nowise pacific, from yielding to the temptation to cover up past blunders by com. mitting others which will bring calamity upon the nation.

MUDANIA MEETING'S OBJECTS.

MARKS DOWN AGAIN.

NOW 9,400 TO THE POUND.

FOREIGN SPECULATORS' LOSIES.

LONDON, October, 4. German marks have lumped to 9,400. Another CONSTANTINOPLE, October 3.

law record is anticipated shortly as the sequel to u.rra- General Harington opened the proceedings st Madaria by an address in which ho defined the objects tricted inflation. Commercial transactions with Germany of the conference, firstly sa cessation of hostilities; are increasingly difficult. secondly as determination of a line behind which the Greeks should be invited to withdraw; also to arrange details for evacuation and handing over the adminis tration to the Turks; and thirdly to pare the way for a pesos conference.

STAGGERING.

LONDON, October, 4.

The new Protector" Hat

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NOONOMY IN

COAL

Fuchen Lamp Goal stands for scandy in Coal raise. All lump Coals have a large percentage of dust which are PRACTICALLY WASTE. The dust in FCCHUEN Leap bars hie Jumpe se soca an they are exst, into boilers. Puchun lamp coal borna gradually, and is therefore a decided ECONOMY.

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Telephone Central 1501.

• Manager :--YLUNG FOKWAN.

No. 6-18, Causeway Bay.

The New York World estimates' that 10,000,000 American speculators have invested since the war

worth no more than £14,000,000.

The Tarks at the beginning showed no interest in £240,000,000 in German paper money which to day is the details of the administration until they had tested the Allies' rincerity to restore Thrace, but when it was pointed out that restoration depended on acceptance

British losses from the same cause are estimated at

SHIPPING COMPANY'S DIVIDEND.

of the Allied note, Ismet announced that the note was | £170,000,000, officially accepted in principle. Therrapen, M. Charpy drafted a proposal dealing with the administration,

The conference sat five hours and broke up in a cheerful atmosphere.

AMERICAN DESTROYER REPORTED

BOMBARDED.

LONDON, October 4.

A hitherto unconfirmed semi-official announcement

DEFERRED SHARE'S 12 PER CENT,

LONDON,-October 4.

The P. & O. 8. N. Co's dividend on deferred shares from Athens states that the Turke bombarded as is 6 per cent for six months, tax free, making 12 per cert American destroyer which was shipping refugees to for the year. Aivali. VENIZELOS BEEKS AMERICA'S INTERVENTION.

London, October 3. -

It is understood that M. Venizelos called on the American Ambassader (Colonel Harvey), requmting the United States to intervens in the Near East and to use ita influence with the allies to despatch troops to con

DUTCH CIG 1R STRIKE.

FURTHER TROUBLE FEARED.

AMSTERDAM, October 4.

A partial strike has broken out at the port. At trol Thrace until the Christine bad evacuated the represent only a few hundred workers are involved, but

gion.

LENIN BACK.

BERLIN October, ♣.

it is feared the trouble will spread.

All the employers' federations in the cigar industry. have decided to close their factories at the end of the

A message from Moscow states that the Near Eastern situation and the Urquhart-Kraszín agreement are week if the workmen do not socept the 48-hour week blamed for Lenin's return to work in defence of and the 5 per cent. reduction in wages. medical advice.

PARIS, October 15. - ML Polocare has agreed to receive M. Venizelos on

AMSTERDAM, October 4.

The number of strikers has increased to 2,000- There have been no disorders, but police have been reinfarood in the neighbourhood at the port

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