1924-03-14 — Page 1

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THE DOLLAR,

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To-day's closing rate 2/4 1/16: To-day's opening rate 2/4 1/16

日十初月二子甲大年三十國民中

GRAVE MISTAKE,

No. 19,134

五拜

四十月三年四十二百九千一英

HONGKONG, FRIDAY, MARCH 14, 1914..

CRIES OF RESIGN!"

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CONSERVATIVES' PREMATURE ELATION.

"

(Reuter's General Service;}

SINGAPORE VOLTE FACE UNTHINKABLÉ BALFOUR'S WARNING.

INCALCULABLE CONSEQUENCES INVOLVED.

い

(Reuter's General Service.)

LONDON, March 13.

In the House of Lords Earl Balfour asked for Information in regard to the Singapore naval, hase schenie and moved for the tabling of the papers.

He contended that the abandonment of the LONDON, March 13. In the House of Commons a Government project would be a disastrous mistake which would have an Empire-wide echo and the consequences of motion to suspend the eleven o'clock rule 10 which could hardly be calculated.

New Zealand's and debate the Army estimates, because the business. He stressed Austral was behind hand was defeated by 234 votes to 207 but the defeat is not regarded as vital within the India's reliance on the British fleet, which was terms of the statenient Mr. MacDonald has made useless in certain contingencies, however improba more than once and Mr. Walsh, Minister for War, ble, without a base. proceeded to introduce the Army Estimates.

Mr. J. R. Clynes, Lord Privy Seal, explained that the course proposed was an alternative to taking private members' time. He admitted in response to pressure that the Labourite Back Benchers' motion, to reduce the personnel of the Army by 150,000 would be debated after eleven.

This evoked Conservative and Liberal protests culminating in a challenge and division. The only effect of the defeat is that all the time avail able for private members will be taken up by the Goverment in order to overtake business that must be completed before March 31.

A number of Liberals voted with the Govern ment, hence the, announcement of the figures! evoked an outburst of enthusiasm and Conservatiye cries of "Resign1"

$1,000,000 BOND.

SEIZED SHIP, HELD FORFEIT.

OWNERS' PROTEST,

(Reuter's American Service.)

NEW YORK, March 13. The District Attomey has filed a suit in the Federal Court demanding that the Government confiscate the "Orduria."

Subsequently a conference of Royal Mail officials and Government representatives agreed Orduna" under a $1,000,000 bond to release the so as to enable her to sail according to schedule on Saturday.

(Government agents seized the Royal Mail steamer "Ordune" on a charge of violation of the customs prohibition and narcotic laws. Eight per- sons were arrested, including the chief steward. They have been allowed bail of $10,000 dollars each.]

WASHINGTON, March 14

+

Earl Balfour declared he could imagine no worse economy than the one which rendered the fleet inefficacious in the greatest oceans of the worldand in connection with the existence of the most Important part of the Empire.

He emphasised the defensive nature of the scheme which would safeguard peace, and termed as fantastic the notion that a base 3,000 miles from 'Lord Chelmsford, First Lord of the Admiralty Yokohama could menace our Japanese friends. announced that the Government hoped to be able to make a statement of policy in both Houses on March 18. The House then adjourned.

i

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MACHINES REPLACING MAN-POWER.

LONDON, March 14. In the House of Commons, moving the Army Estimates, Mr. Walsh, the Minister of War, explained that the Estimates had been pre- pared by the previous Government but he was satisfied they had been framed with due regard to economy and the needs of the country.

He declared that if the German menace had disappeared it must be remembered that our distant possessions could not be left defenceless. (Opposi-, tion cheers.)

The difficulties we had to contend with in Egypt, Iraq, India and the East would not at present warrant any decrease in the strength of the Army, There were signs of improvement in recruiting.

The policy of substituting machines for man- power required ahighly equipped research depart., ment which was one of the finest it was possible to organise.

A motion relative to pensions grievances of certain ranker officers was defeated by 220 votes to 201, after Mr. Baldwin had endorsed Mr. Mac- Donald's suggestion for the appointment of a com-

The owners of the "Orduns" have complain-mittee to enquire into the whole matter. ed through the British Embassy to the State Department 1q the effect that the bond for $1,000,000 for the release of their vessel is unreasonably high.

NAVAL OIL SUIT.

FIGHT TO THE BITTER END.

ARRAY OF COUNSEL. (Renter's American Servitz.)

WASHINGTON, March 12. Senator Ladd succeeds Senator Len Root as Chairman of the Oil Investigation Committee.

A message from Cheyennes states that Judge Kennedy of the Federal Court has appointed Admiral Strauss, of the United States Navy, who is the Government's nominee and Mr. Watts, Vice. President of the Sinclair Oil Corporation, the de- fendants' nominee, as receivers to control the Teapot Dome Oil reserve pending the final dis- position of properties. The Judge has also granted a temporary injunction halting further development work in the Teapot Dome reserve.

NEW YORK, March 13, While public interest in the oil investigations is perceptibly sinckening, attention to-day is centred in the opening of the Government's suit! for the cancellation.of the oil leases mentioned on March 6 in the Federal. Court, at Cheyenne (Wyoming).

F

There is an imposing array of counsel on both sides and Mr. Sinclair bas announced that the suit will be fought to the bitter end.

ANOTHER SQUABBLE

RUSSIA AND. POLAND.

LONDON, March 13. When the League of Nations appears en route to a solution of the future of Memel Russia has in- tervened, dispatching a note to Poland protesting. against the settlement of the question by a third party. as violation of the Russo-Lithuanian Peace Treaty.

Reuter's correspondent, at Warsaw says the newspapers are most indignant at what they con sider the hosille tone of the note and are particularly licensed at the passage questioning Poland's right to. Vilna. They hint a possible rupture of Russo-Polish diplomatic relations.

SARAWAK OILFIELDS.

COAST DEFENCES BARRED.

LONDON, March 13.

In the House of Commons, replying to Sir William Davison, who asked in regard to protection of the oilfields in Sarawak whether the question

Mr. Page Croft pointed out that compared with 1914 we had reduced our trained forces by 260,000. No other country had done anything like this. Major C. R. Attlee, Under Secretary of War, reply- ing to the debate declared we were well up to the standard of other armies with regard to inventions,

The debate was then adjourned.

FRANCE'S RUHR GAINS. THREE MILLIARD FRANCS PROFIT. POINCARE'S SENATE FIGURES.

PARIS, March 14.

Reviewing the results of the occupation of the Ruhr, M. Poincaré in the Senate said the receipts for 1924 were estimated at four milliards of francs and the expenditure at one milliard, leaving three -milliards available for reparations.

M. Poincaré added that no one any longer dreamt of asking them to evacuate the Ruhr.

FRANC UP AGAIN.

LONDON, March 13. Very great enthusiasm in France has been occa- sioned by the improvement of the franc, especially when it repassed the "psychological century closed at 98.25.

MINERS WAGES

*TROUBLE LIKELY.

and

LONDON, March. 13.0 The miners delegate conference adjourned until tomorrow after a discussion revealing con- siderable opposition to the owners' offer,

[Yesterday's cables stated that a joint committee representing, mining employers and the Miners* Federation discussed the miners' wages demands. The owners definitely offered to Increase the minimum wage to thirty per cent, above the 1914 rate and to revise the ratio of proceeds paid in wages and profits making the proportions 85 and 15 respectively,}

BOAT CREW SAVED.

WASHINGTON, March 14. Lloyds New York agents state that the British steamer Colonial due at Newport News wirelesses that she has picked up a boat crew from the steamer Santiago,"

from

The American steamer Santiago" Cuba to New York with a cargo of sugar was abandoned 60 miles south of Hatteras. One, life- boat containing ton men was picked up by a, Norwegian steamer.]

GERMAN ELECTIONS.

BERLIN, March 13.. Owing to the Opposition's insistence upon altering the Government's emergency decrees Herr Ebert the President, has dissolved the Reichstag,

HOLLAND'S SUMMER TIME!

of providing oil storage for the navy in Sarawak The date of the elections has hot yet been rather than Singapore had been considered, Mr. Axed. C. G. Ammon, parliamentary secretary to the Admimity, pointed out that under the Washington Treaty na const defences or fortifications could be established there fer peace Ume. They would therefore rely primarily for defence on the presence of the British fleet.. Sarawak was not a suitabi position for oil fuel storage for the festi

THE HAGUE, March 13. The Second Chamber carried a resolution by 45 votes to 32 asking the Government in the general

erest to repeal the Summer Time law

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