1934-05-08 — Page 1

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No. 28,719

HONG KONG, TUESDAY, MÁY 8, 1934.

PRICE $3.00 Per Month.

BRITISH RESTRICTIONS AGAINST JAPAN IN TEXTILE TRADE WAR

WHITE HOUSE

SILVER PARLEYS

POSTPONED]

Roosevelt To Meet Senators To-day.

ADVOCATES CONFIDENT

Washington, To-day. President Roosevelt yesterday devoted two hours to the discus- sion of the silver question prepara- tory to announcing that, if any, legislation improving the status of the metal would be approved by the Administration.

FIRM BRITISH POLICY

IN EAST URGED

SUBMISSION TO JAPAN DEPLORED

LORD PONSONBY'S OUTBURST

London, To-day.

A resolution urging the Government to adopt a more vigorous foreign policy, particular- ly in the Far East and in regard to Disarmament, was moved by the Labour peer, Lord Ponsonby, in the House of Lords, yesterday.

With the Secretary of the Treasury. Mr. Henry Morgen- thau, President Roosevelt studied the pending proposals and ar- He declared that Japan's recent declaration ranged the arguments which he went alarmingly far. He accused the Government will present to-day when he meets the leaders of the Senate of submitting to the Japanese demands at every silver bloc. The meeting was stage, with ill-effects to the world at large, and a postponed from yesterday.

Although President Roosevelt weakening of the prestige of the League of Na- has not committed any specific plan, the silver advocates are ap-{" parently, confident that a pro- gramme, including mandatory action, will be enacted at this session of Congress.

(Continued on Page 6)

R.F.C. DIRECT LOAN:

AUTHORISED.

Roosevelt Favours Legislation.

SPECIAL TO CHINA MAIL.. (Bu Telegraph, Copyright, Telegra phir Messages Ordinance, 1894. Re- ceived May 8, 8,55 aan.)

Washington. To-day. The Chairman of the Re- construction Finance Cor- peration. Mr. Jesse Jones. has informed the House of Representatives' Banking and Currency Committee that President Roosevelt favoured legislation, author- ising a R.F.C. loan directly - United Press, to industry. per S. C. Gold Bar Co.

SOVIET WAR DEBT

PROTEST.

tions.

As regards Disarmament, Lord Ponsonby asserted that Great Britain had given no assistance to certain other Powers who were endeavouring to make a real advance towards Disarmament.

VISCOUNT CECIL SAID THAT THE RECENT - AMAZING JAPAN- ESE DECLARATION HAD PROCLAIMED A PROTECTORATE OF AL- MOST THE WHOLE OF CHINA.

SILVER PARLEYS

SHELVED

More Pressing Matters

··Demand Attention.

THOMAS STILL CONFIDENT

SPECIAL TO CHINA MAIL.

(By Telegraph, Copyright, Telepr [phic" Mervagen Ordinance, 1894. Re-

ceived May 8, 8.55 a.m.)

Washington, To-day.

Lord Stanhope, replying, said that, as he understood the mat-

ter, the Japanese did not object to technical assistance provided| it was kept free from politics.

Lord Stanhope rebutted Lord Ponsonby's assertions regarding Disarmament and added that the

at

Government did not intend present to pursue direct conver- sations. It remained to see what! would happen at Geneva, but Great Britain would continue to take the lead as long as there was a vestige of hope.

Lord Ponsonby withdrew his motion. Reuter.

The White House has announced SIR JOHN SIMON that a silver conference will be held to-day. It is reported that President Roosevelt is awaiting

CHALLENGED

data from Mr. Henry Morgenthau "Japan's Special Rights preparatory to the conference.

The White House yesterday in- formed the silver advocates that the President was unable to con-

In China."

"RECOGNISED BUT NOT

"Payment To U.S. Not fer until to-day, or even later, on SHARED BY OTHER POWERS."

In Default."

Washington, To-day.

account of the fact that he wants

to study further the proposals dis- cused on Saturday, and also that

London, To-day.

At question time in the House!

The is engaged on the Revenue Bill of Commons yesterday the Con-

and other pressing matters.

Senator Thomas is not dis couraged, and is still confident

An ingenious device known as the Curtiss wind tunnel (ex- tensively used in America, but the only one of its kind in Eng- Jand), which consists of a glass case in which a model aeroplane resta on an imitation grans serodrome 'field, has been installed at a Golders Green (London) garage. To "fly," the "pllot." sented outside the cabinet, swit is on the engine, which operates a fan blowing a wind across the plane, and, by manipulating the con- trols, tente his skill at liking off, landing, etc.—(8, &: G.),

ANGLO-JAPANESE TRADE

SINO-PERSIAN DIPLOMATIC RELATIONS REVIVED

First Time la 1,300 Years

Shangha

For the frst time in 1,300 years, officia diplomatic relations between China and Persia are be- ing resumed following the arrival here yesterday: from

Karachi, where he was Persian Consul, of Hosein Khan Key Ostevun, who is opening a Persian Consulate In Shanghai and possibly in Nan- king. Reuter,

IRISH GUNMEN FAIL

Plot To Blow Up. War Memorial.

DOCTOR'S DILEMMA

Belfast, To-day, Irish Republican Army gun- men, with two`land-mines, yes- terday unsuccessfully attempt. ed to blow up the Armagh City War Memorial

·

NO RUPTURE

BETWEEN TWO

COUNTRIES

Agreement Still Possible.

RELATIONS TO BE KEPT FRIENDLY

IMMEDIATE QUOTAS

▸

IMPOSED

RUNCIMAN PLAYING WITH FIRE SAYS DAILY HERALD

AGREEMENT STILL POSSIBLE

Immediate steps to restrict Japanese compe- tition in the textile industry in Home and Colon- ial markets by a system of quotas, with an inti- mation that the restrictions might be extended to other branches of industry, was yesterday an- nounced by the President of the British Board of Trade, Mr. Walter Runciman.

British press opinions generally laud Bri- tain's action as a well-moderated measure, though the Labour journal, the "Daily Herald, declares that Mr.. Runciman is "playing with fire."

BRITISH PRESS OPINION

"Runciman Playing With Fire."

"NO FINAL SOLUTION IN COLONIAL EMPIRE”

Runciman Outlines

: Situation.

London, To-day. Measures to protect British cọt- ton and rayon industries against Japanese competition in Home and Colonial markets were announced in the House of Commons, yesterday by the President, of the Board of Trade, Mr. Walter Eunciman... London, To-day.

In his statement, Mr. Runciman Japan is left in as good a posi recalled that the textile representan tion as when she was competing (tives of the two countries had failed under normal conditions, declares to reach an agreement and that the

tween the two Governments.

On March 16, he handed

the

London, To-day. the "Daily Telegraph" in a leading whole position was under review be Reuter learns on high authority article, to-day. that the British Government is an- The Government has shown Japanese Ambassador to London, xions to emphasise that yesterday's something more than patience Mr. Matandaira, a memorandum en- statement made by the President of and has acted in no unfriendly quiring whether his Government the Board of Trade, Mr. Walter taken should bring back trade to

spirit.

The measures it has had any proposals which the British Runciman, does not imply anything a point which may form the basis Government might make, but mak-

ing no proposals of their own. like a rupture between the two of general agreement.

(Continued on page. 9.) countries.

ANGLO-JAPANESE

RELATIONS.

"Japan is a good customer of the On the contrary, greatest British Empire and that relation, efforts will be made to remain on we are anxious to preserve, but the friendliest terms. It is still not at the price of handing over to felt that an Anglo-Japanese Japan the markets we created and agreement may be possible. control," the journal declares.

It is pointed out that in order to counter-balance Bri. tish action Japan is free to adopt similar steps, but the most favoured nation clause In the Anglo-Japanese agree. ment 'precludes anti-British discrimination.

The quotas will not apply to

The Soviet Ambassador to

They motored from the Irish Free servative Member for Blackpool Washington, M. A. Troyanov- the sky, has protested to

Capt. C. C. Erskine-Boist, challeng- State and forced a doctor to stand State Department against the

ed the Foreign Secretary Sir John by in case the gunmen were injured, East Africa owing to its special One land-mine damaged the position on account of the Congo ruling of Mr.

Simon, to define the phrase used Homer S.

by the latter, last week, regarding granite steps of the memorial, but Basin treaties. Reuter. Cummings, the United States Allorney General, that the The Senate has "temporarily Japan's special rights in China,

As the police and inhabitants・ AMERICA STANDS Soviet Union is in default

amend- which were recognised, but not rushed from their houses, the with her, war debt payment. ment and the Glass Bill for the shared, by other Powers,

gunmen drove off with the doctor,

that a satisfactory agreement can be reached.

sidetracked

the Thomas

rights arose from agreements relat-i

the other falled to explode.

The Ambassador declares that Stock Exchange Bil,-United Sir John Simen said that such and dropped him at the frontier. be outlined to Mr. R. W, Moore, an Press, per S. C. Gold Bar Co.

Assistant Secretary of State, the Soviet's argument against being characterised as a defaulter, but

he cannot publish the official So-

viet viewpoint-Reuter.

WHEN FOG LIFTED AT WOOSUNG.

30 Merchantmen And 13 Warships.

MAJESTIC SPECTACLE.

Shanghai, To-day.

"SILVER PRICES WILL RISE.”

Babson Predicts Higher Commodity Prices.

SPECIAL TO CHINA MAIL.

(By Telegraph, Copyright, Telegra phin Messages Ordinance, 2804, Re- ceived May 8, 0.28. a.m.)

The well-known American econ-

The Ulster Government recently ing to particular enterprises, for banned the erection of a memorial example, the Japanese concession atļat Carrickmore, Tyrone, to I. R. A. Hankow.

men who were killed in 1916.-Beu-

He was not in a position to give ter,

a list of such agreements, nor did

The "Daily Herald" states that Mr. Runciman is playing with fire. Japan will simply intensify competition in the more important neutral mar- kets, and the benefit to Bri- tish industry will prove Ulus- ory.

(Continued on Page 9)

Extension Hint Not To Be Neglected.

Committee Of Orient Experts Formed.

TO ENLIGHTEN BRITAIN.

London, To-day.

An Anglo-Japanese Relations Committee habe been formed under the chairmanship of the National Liberal › Member for W. Leicester, Mr. E. H. Pickering, to promote a better understanding on commer. cial and other problems affecting |Britain and Japan in the Far East. London, To-day:

The members include, the House Most people in Britain deplore of Commons Member, Mr. R. T. the fact that the Government has Evans, Dr. Neville Whymant, the been compelled to introduce fur- Rev. Murray Walton and other ther trade restrictions into an al-Anglo-Eastern experts. ready distracted world, declares

The Hon. Becretary, Mr. G. Slat- The Times, in a leading article to er-Booth, declared that one of the day, but the Government was left objects was to give people in Bri- with no option.

|tafp....authentic" information to en- They have done all in their power able them to view Far Eastern af to promote a friendly compromise fairs with a sane perspectiva, Washington, To-day. by encouraging an agreed settlement, Router. It is authoritatively declared that and now the attempt has failed they the United States will not be invol-have lost no time in deciding a po

ALOOF. Strictly Neutral Policy.

SPECIAL TO CHINA MATI. (BV Telegraph, Copyright,, Taleora. phis Messages Ordinance, 1894, 5,000 INVOLVED IN ceived May 8, 8.58 m) the responsibility of proving that U.S. COTTON STRIKE. this or that right comes within the category in question does not rest

he think it necessary to do so since

with the British Government. Wage Decreases Cause.ved in the threatened Anglo-Japan-ley of restriction, which is as mild Danger Of Intensifying.

Reuter.

CHINESE MINISTER MAY GO TO LONDON,

Dr. Alfred Sze's Son Being Married.

Washington, To-day.

SPECIAL TO CHINA MAJI.

(Dy Telegraph, Copyright, Telegre- {μ46" Messages Ordinance, 1891, Re

celved May 8, 8,65 a.m.)

ene trade war which is regarded as as could be expected. jsolely between „British and Japaness

The Government is only following! commercial interests and completely the lead given, among others, by the apart from the row engendered by Government of India, and Japan

Competition.

London, To-day.

New York, To-day.

The Financial Timės, commenting

· Manchester, N.H., Today, |Japan's China pronouncements. voluntarily accepted at the hands of on Mr. Runciman's statement. ' de- amist, Mr. Roger Ward Bubaan,

Approximately half of the

Therefore, officials belleve that India a restriction entailing a much clares that the British determination A majestic spectacle of 30 mer-has predicted a resumption of the

10,000 workers in the cotton the United States should remain larger culting down of Japanese Im to lose no time is manifestly justi- chantmen and 18 warships riding at atock market, advance after Con

division of the Amos Keag Manu- strictly neutral-United Press, per ports than the new quotas. fied by the absence of any concrets grens adjourns. anchor off Woosung was scen on

facturing Company have struck. 8.C. Gold Bar Co. /

While hinting at the extension of proposals from Tokio. Sunday when the fog, which com- He declared that inflation hos

They are dissatisfied with the

the restrictions to other Japanese The Financial News hopes that pelled them to halt, cleared:

Provided Far East conditions recent five and ten per cent, ware

products, Mr. Runciman was most Mr. Runciman's pledge not to apply Most of the ships steamed up the commodity prices, including silver. permit, the Chinese Minister to decrease, - United Press, per

careful to assure Japan of the desire the quotas in an unfriendly spirit Whangpoo, but the remainder in- The New York Journal, "Brook-Washington, Dr. Alfred Sze, and 8. C. Gold Bar Co.

to reach a mutual agreement on will be observed as foreign countries cluding the Empress of Russia, the mire, believes that funds should Mra 8ze, are leaving for London A total of 0.24 lack of rainfall as Eighty-six people are reported lessons of the cotton breakdown will tant markets for Lancashire goods, |restriction, and it is hoped that the and India and still the most impor- Empress of Canada and the F and be kept fully invested to beneft in June for their son's wedd recorded during the 24 hours ending to be dead in a mine disaster not be neglected by the Japanese in- and heavily applied quotas will mere- 0. Hantos, had to wait until yes by the further general business to Miss Bessie Y. Li, the engage 10.00, to-day The total rainfall terday, because the fog re-descend-improvement ahead.-United Pres, ment of whom was announced since January 1 in new 836 inchon which occurred at Buggingen-dustrialists, The Times declares-lly intensify Japanese competition.--

[per '8. C. Gold Bar Co,

flast October. Reuter,

„Kaninit mo Kverage of 13.33 inches, Reuter,

Reuter.

ad.----Reuter.

hardly begun. He expects higher

86 PERISH IN GERMAN MINE DISASTER

Berlin, To-day

Reuter,