1924-01-09 — Page 1

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The

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Temperature 58 Barometer 30.19

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No. 19,078.

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HONGKONG, WEDNESDAY. JANUARY 9, 194

WHEN LABOUR RULES.

STAMPING OUT EMBERS OF WARS..

MR. RAMSAY MACDONALD'S HIGH. AIM,

{ Router's Service to the China Mail.).

LONDON, January 8. Addressing a Labour demonstration at the Albert Hall Mr. Ramsay Macdonald declared: "We are not going to take office in order to prepare fora. general election but in order to do work. If capital "flees from the country when we come into power the panic-mongers will be responsible and not the Labour party.

Continuing, Mr. Macdonald said: "We want to go into office with a broad foot and a big heel to stamp out the embers existing in every capital which a fresh blowing wind will scatter over the inflamm" | able material in Europe and start a fresh war so that whether we are in office six months or six years or six decades there shall be no fires in any corner of the world capable of being fanned into a great flame and involve the whole world in a new war.

The pompous folly of standing aloof from the Russian Government will be ended. The pinpricks, misunderstandings and irritations between France and ourselves are'abolutely deplorable and unworthy of both countries. It will be a great thing if it is possible to put them behind us and establish with France, Italy, Russia, Germany and Czechoslovakia and all the peoples of all nations an understanding -not a rivalry of millitary forces-but an under standing of human men and women who have no cause for enmity.

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COMMONS MEETS AGAIN.

LABOURITES JEER MR. BALDWIN.

(Reuler's Service to the China” Mail.)

LONDON, January 5

The Commons opened with a crowded atten- dance and an atmosphere of lively anticipation thanugh to-day's business was formal. The East-end Labourite arrived scorted by charabancs filled with partisans who livened the City en route with ; raules and cheering and the singing of “The R$8“ Flag." Lady Terrington, the first woman' to appear, was attired in black trimmed with white and fre quently surveyed the ladies' gallery with a tortoise- shell lorgnette. The wonen Labourites entered without hats which is unprecedented. Mrs. Philipson was the only Conservative woman present. Mr. Baldwin received Labour jeers and cries of "He is back again." Mr. Ramsay Macdonald received an ovation from his supporters. In Mr Asquith's absence, owing to a chill, Mr Lloyd George took Mr. Asquith's ' place and engaged Mr. Macdonald in conversation There were some declsive Labour cries when Mr. Macdonald joined Mr. Baldwin in procession in. obedience to the Black Rod's summons to the Lords to hear the King's request to elect a speaker.

SPEAKER RE-ELECTED.

On the motion of Sir W. E. Hume Williams seconded by Mr J. O'Grady, the Commons re-elected as Speaker Mr Whitley, who said they were meeting funder new circumstances but he was a believer in this old House of Commons and whatever the new circumstances might be, he believed they would find a way to solve them in the Commons as the wisdom of our ancestors had built it up. Mr. Baldwin, who was loudly cheered by the Ministerialists, Mr. Runsay Macdonald, Mr. Lloyd George and Mr. T. P. O'Connor congratulated Mr. Whitley, after which the House adjourned:

NAVAL PROBLEMS.

BASE AT THE CAPE?

LONDON, January 8,'

"ONE STEP ENOUGH FOR ME” The Albert Hall had a packed audience. In the intervals there was geat singing of labour song like, "England arise, the long night is o'er." They cheered several minutes when Mr. MacDonald inse to speak. He opened by admitting that as aparty they were idealists who built habitations away on the horizon but "we are not going to jump, there: We are going to walk there. One step is enough for me, provided it leads to the next sten." He believed the Labour Party occupying Dowsing Street and staffing the Government was the one thing required to give strength to morally courage. ous, and powerto they peace forces in all sections of

In a leader on its Naval Correspondent's con- Europe and emphasised their intention to the com- tention that the project for developing a great naval plete the structure of the League and to use it with- outreserve as the main instrument to secure in-base at the Cips as an alternative to Singapore is ternational justice.

strategically useless but that the Cape route east- Mr. Macdonald desired the resumption of ward would be enormously important if pissage relations with Russia, not because he agreed with what the Russian Government had done. That is through the Mediterranean is denied Britain in a not our business. I want trade, I want negotiations, future war, the Daily News says the official con- I want a settlement from the costs of Japan to the clusion seems to be that the Cape should be pro- coasts of Ireland. If I have to protest against what vided with great dockyard facilities in order to is being done in Afghanistan, how can I protest without channels therefor." He foreshadowed a scientific scheme dealing with unemployment, at the root of which lay lower purchasing power for the mass of consumers. He painted a gloomy picture of the housing conditions and said they were prep ared to give any guarantees to facilitate maximum right solution of the problem is not to spend production of houses while "if trusts, monopolies, millions on a naval base thousands of miles away, and corners stand in the way, we shall break them." but to build the kind of vessel able to pass through (loud and prolonged cheers). He concluded by ex- plaining that his speech was not meant to be a pro- the Straits of Gibraltar and squarely face the gamme speech, but aimed at illustrating the spirit enemy. of the Labour Government if it comes to power.

DUNLOP RUBBER COMPANY.

MEETING OF SHAREHOLDERS.

LONDON, January 8.

A resolution of confidence in the Directors was passed at an extraordinary meeting of shareholders of the Dunlop Rubber Company held at the Cannon

accommodate the largest battleships, but if British battleships are to be excluded from the Mediterra- nean in the event of warin Europe, what use would they be at the Cape or at all? It suggests that the

BRITISH TRADE WITH HOLLAND.

EXHIBITION AT AMSTERDAM.

LONDON, January 8. An All-British Exhibition opens at Amsterdam on January 10 for a month. It has been organised by Dutch merchants interested in the recovery of British trade and it is supported by Lord Kylsant and the British Chambers of Commerce. The main

the East Indies.,

Street Hotel. Sir Eric Geddes, presiding, said the object is to encourage British trade in Holland and finding of the Committee of Investigation was that out of a loss of £8,320,000 shown on the balance- sheet on August 31, 1921, £7,769,000 was accounted for, including £3,569,000 written off stocks and £822,000 loss og rubber sold during the year while £550,000 is unaccounted for. The Directors' con- clusions raised the gravest issues in view of the

issue of writs by Sir Arthur Ducros, Mr. Alfred Ducros and Mr. George Ducres to establish their agreements with the Company. He advised the Issue of five writs covering ten names. These writs had been issued except one or two where the in- dividuals concerned had made tentative offers of

FALL OF THE FRANC.

DUTCH SPECULATOR EXPELLED.

Paris, January 8, The minister of the Interior has signed a decree

ordering expalstor of a Dutch exchange speculator on a charge of spreading alarmist reports a regards

the fall of the Franc

FINANCE MINISTER'S SCHEME.

PARIS, January 8. The Finance Minister, M. Lasteyrie, has sub- itted a scheme to the Cabinet aiming at counter- settlement without prejudice. The accounts. for ing the fall of the franc. The scheme comprises, the eighteen months ended December 31 last would firstly, a more rigorous police regulation to suppress probably show a profit of £1,250,000. The Com-the campaign favouring the sale of Government pany's business had now reached such a state of on the Bourse; thirdly, the weeding out of undesir securities; secondly, a revised system of quotation stability that the Board intended to submit to the able and heterogenous frequenters of the Exchange shareholder's proposals for the reorganisation of Market; fourthly, a stricter supervision of banker's, capital. Sir Arthur Ducros said the losses were exchange operations and fifthly, to endeavour to made after his total severance from the manage foreign money abroad..

check the practice of certain exporters in leaving

ment of the Company.

HOME RAILWAY WAGES,

NEGOTIATIONS FOR SETTLEMENT,

RUM RUNNING SEIZURE

BRITAIN SEEKS INFORMATION.

WASHINGTON January B The British Embassy has filed a request for in- formation in regard to the aclure of the British, schooner "Kwasind" by the United States authorities at Wilmington (North Carolina) after the vessel, which was carrying intoxicating liquors, had put in for repairs. It is believed that the Embassy's action la a preliminary to a formal protest as in the cases of

At the close of an all-day meeting of the execu tive of the Associated Society of Locomotive

· Engineers and Firemen, it was officially announced that in view of the overwhelming majority namely 6 to 1 against acceptance of the Wages Board's award the Executive had decided to request the general managers of the railways to meet them and discuss the "Tomaku” and “Island Home.” the position with a view to its improvement.

(Other neto cables spill he found on page 8.)

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