1935-11-05 — Page 1

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No. 29,181 HONG KONG, TUESDAY, NOVEMBER 5, 1935. PRICE $3.00 Per Month

CHINA'S ABILITY TO ENFORCE CURRENCY REFORM QUESTIONED

BOMB ATTACK ON

GORAHAI

WOMEN AND CHILDREN

REPORTED KILLED

ITALIANS CLAIM GENERAL ADVANCE

ALONG 50-MILE FRONT

-CHINA MAIL" SPECIAL

Addis Ababa, To-day.

A renewed violent bomb attack was made on the southern front yesterday by two Italian squa- drons. About 1,250 bombs were dropped, caus- ing the deaths of 30 women and 15 children, ac- cording to reports received here.

A message from Rome states that the first reports on the advance on Makalle appearing in the Italian press yesterday even- ing show that considerable progress was made in the course of the day, the vanguard having reached Addiabbi, 90 kilometres south of Hauzien and 40 west of Makalle, while the left wing is now at Agula, 35 kilometres to the north-east of Makalle. With the exception of a few isolated skirmishes, the Italian troops en- countered no resistance.

ITALY EXPECTED

TO TOE LINE BY

END OF THE WEEK

British Conditions Outlined

MORE CONCILIATORY ~

ATMOSPHERE

London, To-day-

amore

Asmara: Beckoning hands waving white sheets were seen: by Italian planes flying above

An Abyssin

malex loaded with

en route for the froutier.

Armistice Celebrations In Italy

Makalle. They are regarded as STAVISKY signals to the Italians to oc-

cupy the town and seem to in-l dicate that the Abyssiniau troops have evacuated it. The only troops seen in the neigh- bourhood were a group of 3,000 striking camp and starting in {the direction of Makale”

GENERAL ́ADVANCE CLAIMED

Another message states that the Italians claim a general ad- vance along a 50-mile front in

Meanwhile

TRIAL OPENS

IN PARIS

Protracted Hearing Likely

TWO HOURS REQUIRED FOR READING OF CHARGES

* CHINA MAIL * SPECIAL

No fewer than 50 lawyers

ment.

ALLIES

TRENCHANT COMMENTS

ON FOR RE-DRAFTING OF ONE DIVISION

TO PIEDMONT ALPS

· CHINA, MAIL" SPECIAL

Rome, To-day.

AMERICA PUZZLED BY NEW MOVE FOUR MAIN QUESTIONS

IN NEW YORK

WELL HONG KONG FOLLOW EXAMPLE

SET BY NANKING?

New York, To-day.

The silver market and the Far Eastern ex- changes have only been slightly disturbed by the Chinese monetary reforms, which are generally regarded as largely the result of the United States silver policy. Local bankers and foreign exchange circles offer little immediate comment on the situation, the general inclination being to watch for further developments.

"Nevertheless the impression is that the steps taken will not necessarily mean inflation, although it is realised that much de pends on the degree of success with which China will be manag- ing the new unrency. At the same time there is some`scepti- cistmas to whether the Government will be able to carry out the nationalisation order effectively.

Silver circles agree that the action might eventually turn out to be a bullish factor in the silver market, which is likely to strengthen under the influence of the restricted silver exports..

ja's "b"?

New York: Bank and trade US. DEPUTATION

quarters continue to be reluc

tant to express opinions on the TO INAUGURATION Chinese monetary develop men It is held that just what

17 be the result of the attempt

to use, paper money cannot be foreseen by sybody, as China is less predictable than occiden- tal rstions.

Traders feel that a demoralised currency in China is likely to

ican trade, while if the managed

OF THEIPPINES

Garner

Interviewed

CHINA'S SILVER POLICY IS INTERESTING”

paper currency is successful, to the American Mail liner ss. Gaily festooned with flags,

either the near-term or long-term ing carrying the American de gain is expected. Financial ob-Presiden

Grant slipped into servers do not attempt to forecast Hong Kong harbour this morn repercussions. Instead the follow-putation who are to attend the in questions immediately arose in inauguration of the Philippine their minds Ca

Commonwealth Government at (1) Will the Chinese people The deputation is headed by

Manila" generally accept the new currency the Vice-President of the United and if not, will the Government States of America, the Honour NEW POLICY IN REACTION TO have sufficient power to fores acable Mr. John Nate Garner, and the Speaker in the House of Re- (2) Will the Chinese Govern presentatives, the Hon. Mr. Joseph KWANGTUNG ment, with a view to supporting W. Byrns, while the rest of the

the exchange, have immediately to

By the end of the week it is the direction of Makalle, almost considered likely that Italy without opposition.

Special interest was lent this year to the harm the farther dwindling Amer will have satisfied the condi- Italian planes are reported to

Paris, To-day armistice celebrations, which in Italy are held on tions essential for a reduction have spotted two large bodies of of the British forces in the enemy Mediterranean, and that the re- Makalle from the south, which the Stavisky case, charged with lini addressed to war veterans after a solemn re troops moving towards will defend the 20 accused in November 4, by the brief speech Signor Musso- duction will then be carried may mean that the complicity the master's into effect. The conditions are tend to use every endopians in swindles and numerous shady Veille at the grave of the Unknown Soldier, as the cessation of Italian anti-hold the position.

ventures, and the trial is ex-well as the trenchant comments on former allies British propaganda, and the re-

perted to last at least a month appearing in the Italian press.. duction of the Italian forces in builders are accomplishing mira-led and the list of charges is Italian engineers and road-

Some 207 witnesses will be call- Libya by at least another divi-fcles. constructing passable roads

Speaking from the balcony "of sion

contained in 48 volumes aggre- the Palazzo Venezia the Duce so speedily that truck trafic can Partly as a result of Sir Samuel bring supplies to the most ad- not including 7,000 pages of of the most glorious victory gating 35,000 typewritten pages. termed the day the anniversary Hoare's talk with Baron Aloisi atvanced positions. Geneva,

conciliatory

technical annotations, so that which Italy had won, not only 15 MILES FROM MAKALLE Anglo Italian atmosphere is now

several hearings will be re- for herself but for others." Asmara, Later: The first army apparent. Baron Aloisi shows a corps column has reached &gula, quired merely to read the indict-The Italian nation, which was definite desire to improve Anglo-about 15 miles from Makalle, and

now in violent conflict, would Italian relations, and has made has established outposts on the finated must reasonably be stand fast it unassailable zuity NO UNFAVOURABLE sell large quantities of silver; and Party is made up of Senators and certain suggestions in a more or other side of the valley, almost anticipated that some of the 12 and gain new splendid vic- less personal capacity, which, within sight of Makalle. A heavy

jurors will crack under the strain tories. however, in the event of their night's rain has turned the tracks of trying to follow the complex After dismissing the protesta- development, will have to be re- near Makalle into muddy for proceedings, the court has taken tions of continued friendship for fered to Signor Mussolini for ap-rents-Reuter.

the precaution. of selecting an Italy recently made by England proval-Beuter.

adequate number of substitute and France as "senseless” and [jurora.

arousing no response

From Our Own Correspondent] from PRELIMINARY SKIRMISH Italians, in view of the measures

Canton, To-day to be taken for starving Italy out

No unfavourable repercus- [ The small courtroom was filled and blocking the way to her goal, sions are felt here to day as to overdowing long before the first the semi-official Giornale d'Italia result of Nanking going off the bearing began yesterday, and pointedly addresses uemplate silver standard. The premium when the array of defending law-greeting to former opponents in for Hong Kong dollars and Overwhelming Votes vers entered the room it

world war, stressing that Shanghai banknotes does not opinion that the quantity of silver Tokyo has presented a note to In Favour

found that there were not enough neither Germany and Austria nor show any violent fluctuation to be sold by Chinx for the purMr. Hirota, rejecting as com- seats to accommodate than This Hungary is participating in the the Shanghai dollar in paper is depends largely on whether the ese contention that the fron led to an acrimonious exchange of economic sanctions against Italy, only 05 per cent, while that support level chosen you

As usual, the premium for pose of stabilising the currency pletely unfounded the Japan-

“FANTASTIC”

SUGGESTION

REPUDIATED

Britain's Policy To The League

SIR SAMUEL HOARE SPEAKS PLAINKY

London, To-day

(Continued on Page 3)

GREEK

MONARCH

TO RETURN

REPUBLICAN CLAIM THAT ELECTION WAS RIGGED

Athens, To-day. The final returns of the Greek] In a speech in his com plebiscite show that 98 per tuency last might the Foreign cent of the electorate is fa cary, Sir Samuel Hoare, vourable to the King's return referred to the false state-causing the Prime Minister tri- ments in circulation regarding umphantly to announce that reign policy of the George II is henceforth the removable hereditary mon-

ment, which he attribute

ctioneering tactics. He ad, arch Greece....

said, already exposed three M

less stories, namely, the clai

that the British Gove

had left the Italians

as to its attitude;

that he and Mr.

hot in fall agre attitude to the

story that there motive behind:

le the Republic

hat the election was

the Republican voi

in the overw

majority

4,000,000 Gre

testi

-cond

in their

(Continued on Part 9)

was the

SOUTH AFRICAN

-JUBILEE

Twenty-Five Years Of Union

South

Pretoria, To-day.

Jesterday :: cele

Hee of

REPERCUSSIONS.

if so, would the US. Treasury. confronted with vastly increased {supplies, reduce its bid price, thus

Representatives.

(Continued on Page 37

FOREIGN GOODS LIKELY TO courting renewed demoralisation of SOVIET PROTEST

RISE IN PRICE

the silver markets?.

(3), Will the Hong Kong Gov- ernment take action analagonus to that of Nanking?

́(4) If China thandons silver eventual price of silverton jer permanently what will be the DEPENDENT ON GOVERNMENT

Some people have expressed the

TO JAPAN

Responsibility For Frontier Clashes

Moscow, To-day.

The Soviet Ambassador

at

the

tier clashes on October: 6 and

although

latter two States (Contis sed on Past 9)

par value. This new Gow measure « means that Shanghai goods will be cheap in loca markets

on the big silver dollar is 21 natural level or fictitiously high or per cent Now Shanghai and low. The consensus "of

ion is Canton banknotes are practical that ly on

12. were due to illegal activities by Soviet frontier guards

OBITUARY

Sudden Death Of Robert Haas:

Grea

The note declares that the clashes "were due to the illegal fmixed Japanese

ritory

Soy