1923-05-08 — Page 1

SEVEN YEARS

GUARANTEE

WITH VERY MOUTRIE

PIANOS

The China Mail.

BLISHED

May 8, 1923, Temperature 71

Barometer 29:73

Rainfall 0,00′ inch.

No. 18.870. 三拜禮號八月五年三十二百九千一英

Humidity 8

HONGKONG, TUESDAY, MAY 8, 1923.

THE DOLLAR.""

Today's closing rate 2/4 5/16.. To-day's opening rate 2/4 5/16,

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SEVEN

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CABINET'S DECISION.......

(Reuters Service to the China Mail.)

LONDON, May 7,5 The Cabinet met this morning, Lord Curz presiding. It is understood to hare discussed the German Angres and France's action replying separately.Į

CHEERING MULTITUDES.

(Reuters-Service to the China Mail)

ROME, May 7

France without halting from Calais, reached the The British King and Quêện, wits traversed

frontier at 8 o'clock yesterday evening where their galeons were attached to a gully decorated Italian royal train which arrived in Rome a fo'clock in the It is gathered from afternoon.

a well-informed The King and Queen were welcomed at the source that the

British Government station by the Italian King and Queen, the Crown will probably now Pridice, the Duke of Aosta, Signor Mussolini and send a separate gote the Cabinet Ministers. They were ovated by a to Germany making

it clear that the Ger enormous crowd. The weather was magnificent. man offer is inade- The city, which was bathed in sunshine, was lavishly quate, not blankly decorated. rejecting it, but try-

The decorations conferred by the King include ing to enable the the Grand Cross of the Bath for Signor Mussolini, Teopening of neg[Originally established by King Henry IV at tiations to take place his coronation, 1399, the Most Honourable Order of between Germany and the Allies.

the Bath now has three classes, "The first of which, Having occupied Knight Grand Cross, can be conferred as an the Ruhr,France and honotary, dignity for distinguished foreigners. Belgium claimed

that they alone were t entitled to answer Germany's offer. "When "satisfactory: proposals" had been made the could act

Ford Curzon Allies

conjointly.Į

CLOSED DOWN.

TURKS SEIZE GREEK BANK'S FUNDS,

FRENCH INVOLVED.

CONSTANTINOPLE, May 7.

GERMAN NEWSPAPER COMMENT,,

BERLIN, May 7. With the exception of Herr Hugo Stinnes Deutsche Allgemeine Zeitung, which describes the French and Belgian reply as an unbearable, insult and impudent foolishness, the papers comment The acting High Commissioners have decided cautiously pending the receipt of the British and to refer to their Governments for instructions: Italian replies. They hope the door for further

- Official circles declare that the action is a re negotiation has not been closed.

The Vogssische Zeitung says M. Poincare prisal for the Greek Government's action in seizing obviously wants to continue the discussion and the property of Macedonian Moslemsand the Bank's the Germania draws the same conclusion from M. alleged action in granting credit to Greek specula Poincare's "ambiguities."

tors in local exchange contrary to the' Govegament's orders.

Financial circles are disquieted by the action of the Turkish authorities in closing the local branch of: the Bank of Athens and seizing the funds, two thirds of which are French

Mđ

The Voruinerts pessimistically opines that the pecessary discussion will now be more difficult and more protracted thka the interest. of Europe. demands.

The Barliner Tageblatt rays that ass jer sistance in the Ruhr must be intensified, regardless of threats or friendly admonitions.

ANOTHER BIG ERRUPTION?

ETNA DISCHARGING LAVA.

"CATANIA," May 7""

FRENCH SNURBED..

The Commissariat of National Economy at Angels has ordered the chasing of French, cum- panies which have not complied with the regis tion order, disregarding the French official request for an extension of the time for registration.

OLD CHINA FIRM PASSES,

REISS BROS.'. BANKRUPTCY.

LONDON, May 7.

Etna has become active. Lava is issuing from the crater formed in the 1911 eruption and flowing|

The Chancery Court of Manchester has made down in a slow stream. This is already three) kilometres long but hitherty it has only touched an order for the compulsory winding up of Messrs. upcultivated land.

Reiss Bros, Ltd.

Etha is the active volcano of the North East The proceedings were friendly, all parties con- Coast of Sicily. It has an altitude of about 10784 sidering the compulsory preferable to the voluntary... feet Catania, at the foot of Mt. Etna; has a popul ation of 150,000. The city has been several times, winding up. rebuilt following earthquakes.)

AMERICAN FINANCE.

SOME BIG FIGURES.

WASHINGTON, May 7, Mr. Mellon, the Secretary of the Treasury, announces that he is offering $400,000,000 44. per cent Treasury bonds to complete the refunding of the retiring Victory notes, which, when issued, aggregated over $4,000,000,000.

Mr. Mellon predicted that the gross public debt would be reduced to about $22,400,000 by the end of the fiscal year.

$100,000,000 ESTATE

SERIOUS CHARGES MADE.

CHICAGO, May 7 Charges of misfeasance and mismanagement in the control of the $100,000,000 estate of Levi, Z Leiter have been lodged in the Superior Court by the Countess of Suffolk, one of the trustees.

Thirteen other heirs to the estate include tho wife of the British Colonel Colin Campbell; daughter of Lord Curzon by his first marriage.,

(Colónet: Colin: Campbell, D.S.O. entered the Madras Army in. 1860 and retired in 1893. He served in Burmah,}}|

"STEAMERS' MANIFESTS.

AMERICAN, PRECEDENT:

WASHINGTON May 7%

A precedent in the enforcement of the prohibi- stion and anti-drug laws has been established by the Supreme Court deciding that the Government ran compolvessels arriving at Ache fican ports to submit complete manifests

** This decision was given in the case the vessel "Sisco" whith claimed that it was not

report the presence of opium 'un, bós importation of the drug

Reiss Bros., Ltd., of Manchester, trading with. China principally in cotton goods, announced that the Official Receiver has been appointed fiuidator, | pending the hearing of a petition for compulsory winding up. The firm's position was attributed ch- tirely to fall in, the value of goods lying in Chinese markets at the time of the 1920 slump.

HOME GOLF SURPRISES.

AMATEUR CHAMPIONSHIP.

LONDON, May, 7.

A feature of the first day of the amateur chain- pionship at Deal, for which there were 209 entries, including fourteen Americans, was the decisive defeats of the American champion Sweetser by Noel Layton 5-3 and the American skipper Gardner by Forester (Woking) by two holes, payme

Of the twelve Americans engaged to-day seven won and the otheršlost Talley, Wethered, Darwin and Holderness won, the last-named at the expense: of the Scottish champion Wilson.

FRENCH RUHR ARRESTS.

TREASON CHARGES SHELVED

PARIS, May 7, M. Cachia and ten other Communists against whom charges of plotting against the State are pending, have been provisionally released,

Another prisoner named Per, described as a Libertarian and charged with inciting tallitary disobedience and, a German Reichstag deputy named Hoellcin have been kept in custody.E

[M. Cachiaj Communist member of the Cham- ber of Deputies, was arrested on January 19 after his Parliamentary privilege liad been annulled.).

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ORDER FROM YOUR BOOKSELLER.

THE CHINA YEAR BOOK

1923

EDITED BY H. G. W. WOODHEAD, C.BÉ

$12.50

PRICE

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