1926-06-16 — Page 7

WEDNESDAY, JUNE 16, 1926.

FRENCH CRISIS.

ANOTHER SUDDEN DROP IN THE FRANC.

CABINET RESIGNS.

(Reuter': Service.)

COAL CRISIS.

(Continued fronį. Page 1.)

WAYS OF ESCAPE,

Origin of the Difficulties

Traced.

(British Wireless Service.)

Rugby, June 14.

CANTON EN FETE.

DRAGON BOAT FESTIVAL SUCCESS.

RACES AND LANTERNS.

THE CHINA MAIL

CHINESE NURSES.

LABOUR RED CROSS FOR

THE FRONT,

WAR WITH WU PEI-FU.

Canton, June 14.

(From Our Own Correspondent.) | (From Our Own Correspondent.)

Canton, June 14. Dragon Boat Day passed off here with no clashes between citizens and soldiers or police, the

and the only untoward event was the drowning of two Chinese of the East Bund when their canoe overturned.

Paris, June 14, M. Teret Is the third Finance" Minister to fall since M. Briind as- sumed the Premiership in Novem- bor, 1926. He fell like his prede-afternoon, in the House of Com-atrike pickets gave little trouble, cessors because he falled to check the fall of the franc.

Mr. Stanley Baldwin, this

mons, made an important: state- ment on the coal stoppage.

He said that it was without It is known that M. Poret favours the formation of a Cabinet of real justification. The Coal Com- embracing the mission had declared that disaster National Union leaders of all parties. M. Briand was impending for the coal indus- up to now has not countenanced try unless some of certain things such a course, believing that the were done. Instead of co-operat- Left and Right are too far aparting wholeheartedly to do these to agree on a common financial things, the partios had preferred to #ght. He would address him- policy.

The question arises whether M. self once more to the task of try, Peret's resignation will be following to suggest ways of escape and ed by others and lead to an attempt a return to common sense, which

alone could save the situation.

M. Briand.

hy "M"Briand or somebody else to formya sacred Union Ministry or whether M. Briand will simply find a new Finance Minister.

M.. Briand is naturally, anxious to avoid a fabinet crisis until after President Doumargue's visit to London.

The Radicals, who are numeri- cally the strongest partly, hold a Congress to-morrow to decide their position.

Rally in Franc.

London, June 15. There was a rally in French

franes in London today, believed

Artificial Basis.

Visitors to the city are estim. ated to have been more than 200,000, for every boat and train was crowded to capacity and junka and sampans from miles around crowded the harbour.

were

The dragon boat races very popular, a dozen being seen off Shameen.

In the evening there was a spectacular lantern parade.

.

:3

FRANK OPINION OF CHINESE MINISTER

(Reuter's Service;)

The difficulties of the situation arose largely from the fact that WILLINGDON GOOD. for a period immediately preced- ing 1924 the prosperity of the coal trade had rested on an artificial basis. When the artificial props: were removed and Continental competition was revived in an

Victoria, B.C. June 15. aggravated form, prices fell per-

Dr. Wang Chin-chun. Chinese sistently and consistently until they reached the crisis of last Minister of Communications, has year. The price fell until, quite trrived." and in an jaterview de Apart from the subsidy, it was beclared Canada was to be, cen low the cost of production in every Kratulated on the appointment of district but one. Seventy-three Lord Willingdon as Governar per cent. of the output was being General produced at a loss.

The Coul Commissioners' report definitely stated that no further, What subsidy should be given. form of relief could come from within the industry?" The only form of relief was a measure of reorganisation and a reduction of producing costs. Let them admit at once that the coal industry might be better organised.

CITY OF NAPLES,”

STRIKES SUBMERGED REEF DURING STORM.

FEARED LOSS OF LIFE.

(Reuter's Service.)

Shanghai, June 18. All the Women's Uniona of A message from Tokyo Bays Canton met to-day and decided that the "City of Naples" bound to send several "Consoling Corps" for Yokohama from Kobe, with to the Northern front to tend a cargo of steel, struck a sub-. the sick and wounded Canton sol- merged reef yesterday morning diers. The Government will be during a storm. asked to finance this movement The steamer "Chefco Maru" which will be practically a nursing picked up the S.0.S. whilst taking refuge from the storm, and jm- mediately set off to help the dis- abled freighter.

service.

It is reported that the vessel is half-submerged and is perched perilously on a coral reef, while the "Chefoo Maru" and a Japan- ese destroyor, are standing by: though mountainous seas,pravent

Continued advances are being made by the army under General Tang Shang-chi (ally of Canton), according to reports from the front. General Tang says that Changsha will soon be stormed, and that Wu Pei-fu's armies have already retreated in disorder to Szefen and that the Kinngsi rescue work. forces have given up Li-ning- hsien.

WEMBLEY SITE.

-PUT UP TO AUCTION AND

WITHDRAWN.

RESERVE OF £315,000. ..

(Reuter's Service.)

The "Chefoo Maru" picked up fifteen of the crew who escaped in a lifeboat. The remaining 45 are believed to be safer

Later.

A wireless message from the "Chefoo Maru" reports that only eight or nine of the crew were seen on deck of the "City of Naples" this morning.

It is feared that the remainder, including the captain, were awept off during the night.

Attempts at rescue are continu- London, June 15,ing but it is very difficult owing The freehold of the site of to the high seas. Wembley Exhibition, 192 acres, together with practically all the Lord Willingdon was well re-building in the Exhibition, in- reived and made a favourable im- cluding the Stadium,"was put to pression wherever he had gone in auction in London and withdrawn China. He was a scholar, a gentle at $315,000." man, and a statesan of the finest type,

13

FRENCH "ACE.”

But, SOVIET "SORRY" AT FRONTIER

INCIDENT.

in spite of all the recommenda lions of the Coal Commission, the report itself warned the publič against exaggeration. He wanted the

House not to form an exaggerated view of the possi- bilities of reorganisation. Having utiered that eavest, he said let it be carried out or the lines recom-

to be due to official support frommended in the report. That was

(Router's Service.)

Later.

Capt. Pelletier. D'Oley has ar rived at Krasnoyaruk.

It is reported from Warsaw that the representatives of the local Soviets have expressed to D'Olsy

Paris, and they cloned at 174. The his offer to the con! owners and regret for the incident at the Belgian frane moved sympathet-the miners, which had been re-frontier, when a guard-fired on his cally.

jected. The Government was pre-croplane. pared to help any effort in indug- it's could increase try that

productivity and its power to pay. wages.

Cabinet Resigns.

Paris, June 15,

The Cabinet has resigned.

Debt to America.

Washington, June 15.

Wages. Problem. The Prime Minister cited the

A: Irkutsh.

Moscow, June 15, D'Oisy has arrived at Irkutsh.

FATAL EXPLOSION.

VICTIMS HURLED AGAINST

WALLS...

L

1J

The Senate has adopted a reso-opinion of the Coal Commission Jution moved by Senator McKellar asking the Del Commission to in regarding the necessity of wage It was quite clear réductions. vestigate whether France is trying that if wages, reductions were to

(Reuter's American Service.) to arrange private loans in Ameries be made on the existing hoursTM Leontigent upon, the ratification of

Gary (Indiana). June 15. the debt settlement..

-they-would-have-to-be-on such a

Four:con were killed and 60 scale, if the industry was to be seriously hurt in an explosion in carried or in many parts of the

the cake even in a steel plant country, that no one would like to

here. The victims were hurled see such wages offered. The con-gainst the walls, breaking arma ditions of the industry were so bad and legs. Rescue work was most that the minimum rates on a difficult owing to the collapse of seven hours day, if fixed universal minimum would

on the building, burying the dead and

such as it would be impossible to ask the industry to pay. It is for that reason," de-

* EARLIER CABLES.

London, June 15.

A. fresh fall in the French franc

yesterday from 186 to 174 to the has seriously disturbed public opinion in France. Thia le aitri buted by correspondents in Paris

be

to a vicious circle in which the in-clared Mr. Baldwin, "that we have flation of currency leading to a rise in the cost of living will be follow come quite definitely to the con-

-adby fresh ipilation.

Later.

clusion in favour of a return to a longer working day." (Loud Labour cries of "No" and Conser-

By the renewed alump Frenchvative cheers).

franca reached the new low record

respectively.

Best Alternative:

injured in debris.

SALT REVENUES. RELEASE MERELY ACT OF ́ FRIENDSHIP.

21 M

A Private Deal

London, later. It is learned authoritatively that Wembley Exhibition has been sold by private treaty. The price. and the name of the purchaser have not been divulged.

RACIAL FEUDS.

MOSLEMS AND SIKHS AT ·

LOGGERHEADS.

(Reuter's Service))

Simia, June 15. Considerable inter-communal riota occurred at Rawalpindi last night. Much damage was done to. property, and a number of Details fatalities were reported." are not available,

The police and military finally got the situation under control, and the District Magistrate has prohi- bited meetings and the carrying of clubs.

NEUTRALS? RIGHTS..

BORAH'S "PROBE" SANC- TIONED BY SENATE.

WAR TIME CLAIMS,

(Reuter's American Servise.)

Washington, June 15.

The Senate has adopted Sena tor Borah's' resolution asking Mr. Kellogg to state what had been. doné regarding the claims against France and Great. Britain acising out of alleged violation of neutral rights in war time.

ESTHONIA'S DEBT.

FIRST INSTALMENT PAID. TO AMERICA.

AHEAD OF TIME LIMIT,

(Reuter's American Service.)-

New York, June 15. Although hot payable until Eight Moslems were killed 1930 Eathonia has discharged the and 14 injured and nine first instalment of $50,000 under Sikha were injured Intha the war debt agreernent with the riots at Rawalpindi. The grain United States.

wax destroyed, and market there was much looting. It appears that the trouble began between the Moslems and Sikhs owing to the suggested building of a cinema in the vicinity of a mosque.

4

Elmin, later.

Military, pickets are now station ed all over the city, which is well under control.

A Likelter Explanation.

Simla, June 15. What, appears to be a likelier explanation of the Rawalpindi out- burst than the alleged erection of a cinema near a miosque f the action of the Society known as the Singh Sabba, which is alleged, to have organised a procession, with

Mosque and refused to cease to play music although asked. A dis- turbance was averted at the time. but the resentment was manifested In the subsequent outbraak and a number-of-Incendiary firËS... --

(Reuter's Service.)

Peking, June 18. The Cabinet announces the re of 179,25 as compared with yester-

Mr. Baldwin added that he receipt of a telegram from Sun day's close of 172.25. Belgian france were 175,12 and 168:68, garded this form of sacrifice as Chuan-fang stating that he is will-out permission, past the Jama one which was preferable to the ing to releases certain Kiangau alternative of greater sacrifice of

salt revenue. wages: In coming to this con- clusion, he had been influenced first and forembat by the interests -of-the-miners, because such stress. had been laid and rightly laid- on the maintenance of their stand- ard of living.

Faris, June 15. The Finance Minister, M. Raoul Peret, has resigned.

Sun emphasised that his action was largely a matter of personal friendship for Dr. Yen.

After

what was due to them. September the wages would be based on the ascertained profits of the

EXCHANGE.

Hourlong, 18th June 1928.

On Landeʊn-

Bank. Wire

-11

1

On demand

3.

X 15118

*

20 day'ı sight,... kan

4 months right —93-1 Credits, 4 months, sieht 23/3 15/16, Doenmen bary, 4 mas the Tabi 24 1/10 On Party

-On demand i

Credita, 4 month sight

J Berlin-

On demand

Un

New York-

decand

Credits, 80 days' mrha

Bombay

Price: Ondamend Jalost

On demard In bityspara un deman 1 "On Manila-

Ou derband

Abanghal-

Co temand..

The King's Royal Rifles were called out to aid the Police to supa press the rioting. Neither the mill- tary nor the police fired on the crowd of whom 14 were killed, and 60 taken to hospital injured, (Back ing mortally wounded by shot guns.lver (

There was extensive damage to Bar Silver private property.

LORD DUNRAVEN. DEATH OF SOLDIER AND WAR

,יוי

CORRESPONDENT.

(Routers Service.)

On

1940 nom.

2601

10 darw right (private paper) On Tokohama -- Deded.

1154 reigns (Bank's buying rio) 1,68

Bourkong 98% pm. Jabuse Copper Cab 10% pa Thiners Copper Cents Tie 6% Rate of Native Insorers Chinese Bab, Colin - 19) % dia.

Horrkour Bah. Den in par

LONDON EXCHANGES.

(British Wireless Bervice.)

Hagby, June 15.

178

16.15

[Doubtful Passage Omitted.] This does not prescribe longer hours of work, but it does serious negotiations to be entered months (July to September) and into upon the basis of which it is it might be reasonably held that obvious that a far better scale of for a substantial portion of the wages could be paid than upon industry. the wage rate might be the existing basis. He had re- maintained if not actually in. ceived a positive assurance from creased,

Bill in a Few Days the coal owners that on the basis of an eight-hours day there were The Government was preparing certain districts producing ap-a Bill which it hoped to introduce proximately half the output of in a few days, to give effect to country in which they would offer those recommendations of the the miners a continuance of their Coal: Commission regarding re- existing wages. For the rest of, organisation which required legis-

· London, June: 15: the country the reduction of lation. He thought that it might wages which would be asked dur-be possible to pass, this Bill into

The death is announced of Lord New York

„Brunois Paris, June 15. Ing that period, if it were asked law the session The Govern-Dunraven

Gas M. Peret's resignation followed at all, would be nothing material ment would proceed with this Bill [Lord Dunraven, who was R5. | Amsterd the sudden drop in the franc. Aly less than ten per cent. reduction whether a settlement were reach years of age, following his earlier ino communique states that M. Paret in the offer Already made. These, ed or not.

years at Christ Church, Oxford, Berlin

tockhol explained that "in the face of the he thought, were probable lines

With regard to temporary adopted the military profession. rise of foreign currencies and the of negotiations, if negotiations assistance, if a settlement were He was War Correspondent to the absence of certain essential aid on were possible,

there could not be any district in 1887, and also in the Franco Prese reached on the lines suggested, Daily Telegraph" in Abyssinia în vizin which the Government had the

Crucial Months, right to, count," which did not per- During the period from July to which reductions of wages would Prussian War and the Siege of Rearfo mit him to full effectively his en- September the Government would be so drastic as to justify the Gov- Paria. He became H.M.'s Lieuten- tire duty, it seemed to him neces-press on with legislation relating ernment calling upon the tax-ut of County Limerick in 1894 sary to rander possible Parlia to the reorganisation of the Inpayers The £3,000,000 avail. He served in the Art South Africa Ba -mentary political formation corres- dustry, whilst, the coal owners able, 'a

Indiest by the Chan" || @ with the Imperial Yeomanry B

RAOUL PERET:

| ponding with the wishes of public would take all possible steps to cellor. the Exchequer, would be

• opinion, which demands an effort i make effective such projkkal, ds. At the diapo. #for: concord to fans the common' mi-ht be necessary to leave no

vdanger.

of the industry to

the needs of thấ

He was Kaun

had twice, büfite etition with the

Dandrid Lubon

1000

11890

L1807

Columbia Dress RECORDS

The Mightiest Plano Recording Yet! PERCY GRAINGER

(Pianoforte)

SONATA IN B MINOR FOR PIANOFORTE (Chopin-Op. 55.)|

Part 1First Movinent (First Part).

Part 2-First.Moremont (Continued)

Par 3-) First Movement (Concludeil): (6) Serand Movement-Scherso Part 4-Third Movement Largo (First Part)

Part 5(a) Tisin' Mavonioni-Large (Conclutied); (2) Fourth Movenient

(First Part)

ForFourtle Moyoinut (Consluded)

IMPORTANT NOTICE -The speed at which Columbia Records -should-be played-in. 8o. Revolutions per minute. At this, speed the records are correct in toanl pitch.

THE ANDERSON MUSIC CO., LTD.

Ice House St.

Tel. C. 1322

KAIPING COAL

HOME,

FACTORY

AND

BUNKERS

FOR ALL PURPOSES

POWER

HOUSE.

TUGS &

LOCOS

THE KAILAN MINING ADMINISTRATION.

Head Office: TIENTSIN.

Agents:-DODWELL & CO., LTD.. Hongkong..

INSIST ON

KUPPER BEER

IDEAL FOR HOT WEATHER.

SOLE AGENTS--

CALDBECK, MACGREGOR & CO., LTD. Incorporated under the Companies Ordinances of Hongkong. 15, Queen's Road Central

Tel. 75 Central

THE QUEEN'S MOTOR BOAT CO., LTD. Queen's Statue Pier;

MOTOR BOATS FOR HIRE

DAY and NIGHT MODERATE CHARGES

Office:-64, Connaught Road C., 1st floor."

Tel: C. 459.

ADVERTISE IN THE

CHINA MAIL.

D'YE KEN JOHN

THE ORIGINAL"

HAIG?

N

BOPHHHHEP?

Diabliers Würkinch Footland.

JOHN HAIG & 00., LTD.

GANDE PRICES OOM