1932-12-02 — Page 1

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to-day at 1/8 34.

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No. 28,280

HONG KONG, FRIDAY, DECEMBER 2, 1932.

Sparton Model 10

WASHINGTON WARNED OF DIRE

AUSTRALIA

LOSE WOODFULL

FOR 63 RUNS

Ames Gives Voce The First Test Wicket,

NOTTS BOWLER SPLITS FINGER

Aussie Skipper Protests Against.

Allen

Sydney, To-day.

At the luncheon interval Australia had scored 63 for the loss of W. M Woodfull against the M.C.C. team in the First Test at the Sydney "Oval

There was lurge crowd pre- sent and the weather was fine! and cool when W. M. Woodfull and D. R. Jardine, the rival skippers, went out to inspect the wicket. Woodfull won the toss and decided to take first use of a fast wicket.

.

Woodfull and Ponsford opened the Australian innings against the bowling of Larwood and Voce. Scoring was very slow, both batsmen being cautiousness personified, and only 12 runs! were on the board after half an hour's play.

LARWOOD CAUSES SENSATIONAL COLLAPSE AFTER LUNCH

Ponsford, Fingleton and Kippax Dismissed for 24 Runs

Sydney, Later.

A crowd of 1,700 witnessed a sensational collapse after the lun- cheon Interval when Harald (Lar» s« wood dismissed. Ponsford, Fingle- ton and Kippax for the addition of only 24

runa,

Full scores:

AUSTRALIA-IST INNINGS.

M. Woodfull, e Amea, b

...

W.

M. Wood

Voce

Voce

W. H. Ponsford, b. Larwood

J. H. Fingleton, e Allen, b

Larwood

L"་་

A. Kippax, 1b.w., b Larwood

S. McCabe, not out

Extras..

Total (for 4 wktı.)

32

26

3

CONGRESS SHOWS NO

BRITAIN'S

ARGUMENT

OUTLINED

How War Debts Aid Depression.

NON-CONSTRUCTIVE LOANS

London, To-day. American loans to Great Britain during the war were largely destructive, and pro- duced nothing wherewith the borrower could realize a pro- fit. They were for shells for the wor fronts. This is one reason why Great Britain is asking for some considera- tion for her position on the part of Washington. The reasons why the British Government takes the view that the resumption of the war debt| payments would intensify world

Est. 1645.

PRICE $3.00 Per Month.

RESULT OF WAR

SYMPATHY

BRITAIN MUST CUT

U.S. IMPORTS

DRASTIC MEASURE FOR PROTECTION LIKELY

BUT CO-OPERATION CAN SOLVE WHOLE PROBLEM.

LONDON, TO-DAT.

LONDON PRESS

SOLID BEHIND

BRITISH NOTE "Compelling Logic' Complimented.

US MUST BE MOVED

London, To-day.

'Seldom has there been seen such unanimity in London press opinion on a major issue such as Britain's Istoric debt note to the United States, which clearly shows the British taxpayer is al ready bearing the burden of in-

THE UNITED STATES HAS RECEIVED THE SECOND BRI TISH NOTE ON WAR DEBTS WITHOUT ANY ENTHUSIASM AND WITH ONLY FRIGID AND UNCOMPROMISING COM-ternational debt on account of MENTS FROM REPUBLICAN AND DEMOCRATIC LEADERS the Allies. The British people are paying a sum which would OF THE GOVERNMENT. POLITICAL MEN OF BOTH PARTIES |not be comparable to that which DECLARE THAT THERE IS NO CHANCE OF A CHANGE OF falls on the American public if the whole of the debt due to the AMERICAN OPINION.

United States is remitted.

"The Morning Post" describes a masterpiece of the note as force, clarity, conciseness and compelling, logic.

"The Daily Mail"

says the United States must decide whe- ther the world will be thrust back into chaos.

Yet, in effect, Great Britain has plainly told America that in sistence upon payment of the December instalment of the war debt will mean the collapse of the Lausanne Pact and international in ancial chaos.

Although it does not speak of reprisals, the note points out that, in order to balance state revenues, Great Britain will impose tariffs which will slash American trade in ber "best market." The United the note is no special pleading of "The Daily Herald" adde that States, it states, has already restricted British export trade but up a debtor anxious to avoid a legal to now Great Britain has not endeavoured to reduce the unfavour-obligation, but merely a cold, able balance against her.

Suspension of the December war debt payment is essential to enable the reconsideration of the whole question of world debts in the proper atmosphere of calin concentration, urges the British war debts note to Ameri-

Mr. Stanley. Baldwin advocates ca. It points out the distracting payment of the War Debts.

effect of the transfer of such a large sum at present and shows depression, are detailed in the that the only practicable method} note handed to Washington to of payinent would be from the 8.day..

gold reserves of the Bank of The note says the causes of England, which are none too depression may be manifold, but

large. that war debts and reparations have been one of major causes.

87

Fall of the wickets:-1 for 22:

2 for 65; 3 for 82; 4 for 87.

-Reater.

Voce was bowled over

wicket. 22-1-7.

The request for postponement| [of the December payment, is bas- While in some respects it mayed on the profound conviction

-

President Hoover.

be difficult for Governments to that resumption of the old war remedy the world's troubles, cer-debts payments would have disas the tain steps are clearly within their trous consequences upon every wicket and exploited his leg trap powers and their responsibility. nation, not excluding the United reserves of many countries and has theory with five short legs. The vast requirements for war After scoring 7 in 38 minutes purposes in 1914-1918 far exceed- States.

forced down the price of commodi- Anglo-American discussion of ties in terms of gold currencies, Woodfull swung at a bail that sated any normal means of payment the situation would be fruitful causing widespread rain to pro up awkwardly and snicked the and could only be financed by for the revival of world prosperi-ducers in deutor and creditor coun- ball into Ames' hands behind the loans from producing countries. ty. The prospects of success tries alike and seriously increasing These were taken not in money would be materially, improved by but in goods. Loans made to the the suspension of the debt payt has rendered intolerable the the burden of commercial debts. allies by the United States, Bri-

ment. Great Britain offers to tain and France

peculiar burden of unproductive together

consider, in conjunction with the reached the colossal total of over United States, any convenient War debta. Withdrawal of credits

Germany and from For a time payment of reparations method of arranging this post-movements of capital, forced the Joined by J..H. Fingleton, a and war debts was rendered possible ponement.

United Kingdom to abandon the. newcomer to Test cricket, Pons- by the flow of investment capital frem Aska No Great Sacrifice.

United States to continental

The note declares war debts gold standard with world-wide re- ford continued to show extreme the

Europe.

But the prosperity of the and reparations are responsible sults. Thus Britain feels the

Before he left Woodfull. protested against G. 0. Allen finishing his run on the wicket thereby cutting up the pitch in front of the bats- man.

£4,000,000,000.

consequent

[stern fact. ---

"The Daily Telegraph" calls the note a careful, unimpassion-jj: ed statement of the realities of

Fort DUNLOP

In a class by Itself

DEBT PRESSURE

Ceremonial Consecration of - the

as Bishop of Victoria (Hong Reverend Ronald Owen Hall, B.A.,

8L Lake, Newcastle-on-Tyne,

Kong), on the Feast of St. Simon. and St. Jade, at St. Paul's Cathe dral. The Rey.Ronald Owen Hall, photographed after the cere

mony (B. & G.) ·

the tragic book-keeping of the SHANGHAI

war; but is no collusive effort of America's debtors.

"The News Chronicle" says it! is difficult to believe so "devas- tating" a note will not consider ably affect American opinion,

"The Financial Times" de- clares the note courteously offers | the choice between chaos and common sense times, and is a plain tale in plain language, an unanswerable case set out with great skill and restrain. Reu- ter.

| WASHINGTON

STILL IGNORES

ARGUMENT

Washington Unmoved.* Washington, To-day. Senator Watson, Republi can leader of the Senate,

does not think there is any chance of a postponement,

EUROPEANS

“HUNGER ARMY” THREATENS TO

STORM CAPITOL

Washington Again Awaits Invasion.

ANTICIPATED STRUGGLE

Washington, To-day. The threat to force their way Into the Capitol grounds was made by representatives of the "Hunger Marchers" now converging on. Wash- ington, when they were re- ceived by Vice-President- elect Garner yesterday. When informed they would not be permitted to parade in grounds of the Capitol, the delegation rò- plied that nevertheless they "expected to call on Congress."

Vice-President Curtia refused to receive the delegation.

It was not long ago that state troops and police fought with the "Bonus Army in Washington. At that time the military used gas bombs to break up the deter- mined bands of ex-soldiers who threw stones and clods in, show- ers upon the ranks of soldiers who advanced upon them.N

But whereas the "Bonus

lence, and did not become riotous Army" did not march on Wash- ington with any threat of vio

until police attempted to drive them from their camps, the new invasion comes with the open boast that it will: "Call on Con- Kress,"

Washington anticipates trouble. » Precautions are being taken Reuter

ALARMED JAPANESE

Insurance Companies

Threatened.

BOMB ATTACK FEARED

Shanghai, To-day

The Foreign Settlement Police regard with the utmost gravity threatening letters. sent to three British Insur- ance firms, demanding the fmmediate settlement of claims in connection with *- the war devastated property in Chapel.

NEARING

HISINGAN

Heavy Casualties At Chalantun.

RUSSIA MAY MEDIATE

Tokyo, To-day A message from Tsifahar states that the main body of the Japanese forces operating against General Su Ping-wen hade occu- Continuing pied Ghalantun. their drive" againat Habigan, a

The letters were accompanied column of infantry and cavalry by a live rifle bullet, the senders left Chalantun Yesterday.

Brief communiques report threatening to bomb the offices of

the companies concerned if their street fighting prior to the occu

pation of the city. Two sharp demands were not met..

The letters, which were writ encounters took place near the

cancellation, reduction, reviten in Chinese, emanated from town, the Chinese leaving about.

of Japanese casualties. sion or evasion of the Dethe so-called "Prepared to Die 200 dead. There no mention.

Group of Calamity Sufferers of cember payment or the re-

According to unofficial reports, Shanghai. vival of the Debt Funding

It will be recalled that claims aircraft are participating in the Commission.

put in by hundreds of Chinese pursuit of the Chinese, who are with property in the devastated fleeing westward into the moun areas of Chapel were not paid as talas

Senator. Robinson, Demo

caution. He, however, sent up years, 1923 to 1920 was largely for the present world trouble,fects of these unnatural trans-cratic lender, just back from

the 50 after 75 minutes, play ory.. when he turned Larwood to the

leg boundary,READ SEA

During the play this

morning Voce split his finger, but was able to return after receiving attention.

(Continued on Page 7.)

FREE STATE

RAIL STRIKE

illa-

Britain is not asking the United fers have gravely accentuated the conference with President difficulties of all five continents.elect Roosevelt, said the States to make a greater sacri-

Confidence and credit cannot ** Democrats "generally were fice than Britain has already

revive until an end has been opposed to postponement but made. It la true that the inter-

put to these attempts to force that a definite policy would ects of both countries lie in co-

the stream of capital uphill be formulated when Pre operation for the revival of world Referring to possible criticismsident Hoover's recommenda- CRISIS PAST trade British loans to the Allies that any remiasion of war debts tions were received.

Berlin, To-day were four fifths of the total lent would merely transfer the liability Government intervention in by America, but whereas the from the taxpayer in the borrowing and Fingleton 13. Ames has the railway atrike crisis, at the United States received £484,000 country to the taxpayer in the lend- allowed only one extra as far. request of the Labour Party, has 000 in return, Britain was ing country, the note points out in Ford Rallies

At lunch the Australians had

scored 63 for the loss of Wood-

full, and Ponsford was not out 32

Australia: Woodfull (Cap tain), Fonaford, Fingleton, McCabe, Kippax, Richardson, Oldfield, Grimmett, Nagel,

O'Reilly,sandoWallig

Kingdom,

current Jaynie

(Continued on Page 18.)

After Operation

the policies did not include war According to an official des- risk. This is the first time in patch. from Moscow, received by: local history that this form of or the Foreign Office, the Soviet ganised terrorism has been dir-has agreed to comply partly with the Japanese request to try and ected against foreign firms,

persuade General Su Ping-wen Reuter.

to negotiate for the release of the 268 Japanese captives in hig hands. In the event of an sgree ment being reached the Japanese advance on Hringan would be halted: Reuter.

INDIAN COTTON TRADE AIDED.

British Committee Appointed.

London, To-day,

aited

Reported Excellent.

kan

ganisations - of Lancashire, the Government has appointed a com mittée under Sir Richard H. Jack! Detroit, Mich. Henry Ford, the son to promote the greater use of automobile manufacturer, was rush Indian cotton in Britain. The ad to the ospital for an emergency Committee arises as an outcome of operation whereafter physicians the Ottawa agreement,

GERMAN DELEGATE ABSENT FROM GENEVA TALKS

Attendance

The following are the two considerably improved the pros- £200,000,000 out of pocket this respect that British- and teams

pects. Owing to the fall of sterling, American taxpayers, are in much The Minister of Industry, the debt had immensely increas the same position Before the Mr. S. Lomass, has already intered and owing to the fall of Hoover Moratorium, all reparation viewed both sides. It is likely wholesale prices, its goods value and war debts receipts of the Car Magnate's Condition In co-operation with trade or Political Crisis At Home Prevents that the Government will tem- at least had doubled. The Bri- un porarily assist the railways, as it tish opportunity to send goods to has subsidised other sufferers America had diminished owing from · its Immediate economic to the American tariff. policy,

The resumption of payments Dublin Country railway work- would necessitate measures · to fers gave notice last week that restrict imports from America they would call a strike if their and the re-opening of the Lau company put into effect the com- Banne settlement, so that the templated wage reduction. It whole system of European con- was feared at that time that the fidence, now precariously balane strike would involve the industry ed would fall to the ground.. | of the whole of the Free State

Twelfth man-Hird England: Jardine (Cap- -tain), Allen Pataudi, Wyatt, Sutcliffe, Hammond, Leyland, Larwood, Ames, Verity, and Voce

Twelfth man---Paynter.

A. Recovery

N

- At tea, the score was 154 for

abe 47 not out, Richard son:21 not out.

Peuter

and that the railway tie-up would be complete. Reuter.ASSAT

ble Drain

ent, to cov the due to the on Page 7.)

SURPLUS OF SUGAR TO

BE LIQUIDATED A

The Hague. To da

Connell Tad International Sug decided to liquidate the surplu stocks of sugar, in accordance w the Chadbourne Scheme.

The compulsary payment of debts Specific methods have not in gold has led to drain on goldbeen formulated Reuters.

- excellent - condition. Sir Richard Hoyle Jacksort, J.P. - surgeon, le chairman of Hoyle and Jackson

for a Ltd chairman of the Empire Cof strangulated femoral hernia, tan-Growing Corporation and Vice- Soper he said President of the Fedaration of

Coperatio

his condition was tio

born in 18

Berlin, To-day Herr Von Neurath is not going to Geneva to participate in: tho Manchurian, dobate and disarma ment talks until the new German, cabinet is formed, which may not be unth next work

Although General Von Schlaicher has been asked to form 4 Fro dential Cabiret,” Her Hitler Kas promised to oppose, the mors. It If possible that the Nasia may be abis

prevent - General Von- Schleicher assuming the chanpal:-