THE CHINA MAIL, APRIL 8, 1937.
TRADE PEACE
Dr. Schacht's Visit To Belgium
GERMANY IMPRESSED BY SPEECH OF MR. CORDELL HULL
(SPECIAL TO “CHINA MAIL")
Berlin, To-day.
Page
HOPES RISE
STRIKE BATTLE IN AMERICA SIT-DOWNERS BADLY BEATEN UP
Hershey (Pennsylvania), To-day. A mob of over 100 men, calling themselves That important developments in the economic loyal workers," took the law into their own hands sphere can be expected within the next few months and forcibly ejected the sit-down strikers who for seems to be the general impression in financial five days have occupied the Hershey Chocolate
Company's factory.
quarters in Berlin.
THIS OPINION HAS BEEN FORMED AS A RESULT OF DISCUSSION OF THE FORTHCOMING VISIT TO BRUSSELS OF DR. HJALMAR SCHACHT, PRESIDENT OF THE REICHSBANK.
THE VISIT IS ATTRACTING MUCH
ATTENTION
IN THE EUROPEAN PRESS, ESPECIALLY AS IT FOL- LOWS THE PLEA OF THE UNITED STATES SECRE- TARY OF STATE FOR ECONOMIC CO-OPERATION, THE MEETING OF THE SIGNATORIES OF THE OSLO TRADE CONVENTION, AND THE ANGLO-FRENCH ECONOMIC APPROACH TO BELGIUM.
It is pointed out in Berlin, however, that Dr. Schacht has no well-defined programme
and that his visit to Brussels, where he will confer with the Premier, M. Paul van Zeeland, and a
Sugar's Free
number of prominent Belgian Market
financiers and industrialists, is of a purely general nature.
MR. CORDELL HULL'S PLEA
WERE MADE TO RUN THE GAUNTLET PAST MEN ARMED WOMEN WORKERS ESCAPING FROM THE FACTORY
WITH CLUBS AND BOTTLES.
FIFTY MEN, SOME CUT AND BLEEDING FROM THE AFFRAY. WERE.... PARADED AS PRISONERS BY THE TRIUMPHANT RIOTERS THROUGH HOOTING CROWDS.
...
Twenty-five were injured in the fighting, in which farmers, drive against the Ford company.
Workers was planning an intensive whom the strike deprived of a
Reuter. valuable market, joined.
Meantime, in Washington, the Senate, by 75 votes to 5, was yes- terday passing a resolution demning the sit-down strikes as illegal and contrary to public policy.
*.
EMPLOYERS CRITICISED
con-
Introduced by the Democratic leader, Senator Robinson, there- London, To-day. solution also condemns the denial The bureau of the Internation- by any employer of the workers
At the same time, it is hinted that Dr. Schacht was much impressed al Sugar Conference yesterday right to collective bargaining and by Mr. Cordell Hull's ples, and is agreed to submit for the confer-stigmatises the industrial spy sys- of the opinion that it is time comence's approval figures of 3,170,- tem as tending to cause strikes and mon sense was introduced into in-1000 metric tons for three crop industrial warfare. ternational trade relations and that year 1986-1937 as recommended protectionism should go
by the statistical experts com- mittee to meet the needs of the of law and does not need the Pre-
sidential signature. "free market.”
* Germany regards Mr. Cordell Hull's statement as being worthy of very serious sideration. ·
The needs in question are those which are not met by production. Dr. Schacht is expected to arrive of colonies enjoying preferential
in Brussels after the next session of the Bank of International Settle- ments, which is scheduled to take place in Basle on April 12.
treatment.
The figure decided by the bureau is 80,000 tons below the needs of the free market as estimated by the SUPPORT PROMISED
International Sugar Committee in Germany, it is stated, will sup- March, namely, 3,250,000 metric port in every way possible the in-tons. vestigation by the Belgian Premier, The Conference will now decide M. Paul van Zeeland, of the pos- how this diminished amount shall sibilities of reducing international be allocated to the countries repre- trade barriers.
sented on the conference.⠀
The proposal of an international • "Dr. Colijn, the Netherlands Pre- conference to discuss the question mier and delegate to the Con- is regarded in Berlin with some ference, left for Holland yesterday scepticism, however, in view of for-evening-Reuter.
mer fruitless attempts of this nature, although it is admitted that the frank opinions of the leading economic experts could at least shed new light on the complicated situation.
- GERMANY'S SITUATION Germany's individual situation as regards international trade is ex-
BRITISH PRICES INCREASE
Board Of Trade Index Revelation
:
tremely unfavourable and any con The Board of Trade
London, To-day, ference to bring about trade adjust-
index of shows ment must take this into consider-wholesale prices in March ation.
largest récorded increase for any The "Hamburger Fremdenblatt” month since the upward
movement asserts that an international con- began in June 1936.
The
index ference could improve the economic was 3.3 per cent. higher than situation only if it penetrated to February-British Wireless. the roots of the evil, which lie in
The resolution has not the force
HUDSON STRIKE
Following settlement of the
Way (Georgia), To-day. Mr. Henry Ford, announcing- the end of the short-lived sit down strike in his assembly factory at St. Louis, stated that his company had no intention of recognising the United Au tomobile Workers organisation
bargaining agency.
Reu
GOVT OFFICIAL BURGLED
Man Disturbed And Escapes
The home of Mr. B. C. K Haw- Chrysler motor strike an agreement kins, Chief Assistant to the Se- has been reached-settling the 28-cretary for Chinese Affairs, was day strike in the Reo Motor Car entered by a burglar between three Company which had rendered 2,200 and four o'clock this morning.
Entry was gained by cutting the workers idle, says a message from
window of the verandah door, but Lansing, Michigan.
The only major strike still un-the intruder was disturbed by the settled is the walk-out in the Hud-occupants of the ground floor of son Motor Car Company in Detroit, the premises, No. 3, Queen's Gar- in which 10,000 workers are affect-dens, and he left hurriedly without ed.
stealing anything.
Mr. Homer Martin, President of United Automobile Workers, said yesterday that the Union. had presented no demands to the Ford Company nor hadit threatened to call ́git-down
strikes in Ford plants.
Moscow Fire Disaster
Moscow, To-day: Two of the largest laboratories of the Institute for Organic Chemis Mr. Martin thereby dispelled rum-try were destroyed by fire yester- ours that the United Automobile day. -Trans-Ocean.
Planned Economy In South China
Mr. Percy Chen, eldest son of Mr. Jin January, he travelled over in Eugene Chen, former Foreign
Minister of China, arrived the Colony from
the
on
East River District. He proposes to complete a survey of the North and West River areas before re- Canton
turning North. the lack of monetary stabilisation, Minister
await the arrival
Mr. failure throughout the year to ad- Stauning.
of Denmark, Monsieur morning to
Chen is an authority of the new Governor of Kwang- Planned Economy having made ex- just the War Debts problem, refus- The company included the Lord tung, General Wu Te-chen.
haustive studies of this subject al of nations to bring about a more President of the Council, Mr. Mac- Mr. Chen is in South China for during his eight-year residence in equal distribution of raw materials donald, the President of the Board of consultation with
the Recon Soviet Russia, during the latter and no settlement of the colonial Trade, Mr. Runciman, the Minister struction authorities in Kwangtung part of which he was represen question. Trans-Ocean.
of Agriculture, Mr. Morrison, the on economic and industrial mat- tative in the U.S.S.R. for the Gener Liberal Leader, Sir Archibald Sin- tera. He will return to Canton al Motors Corporation of the Unit London, To-day...<clair, and the former Labour Home early next week, to continue his in-ed States. In that capacity he par- The Foreign Secretary to-day Secretary, Mr.
R. Clynes.
vestigation tour of the Southern ticipated in the development of the tertained at luncheon, the Prime tish Wireless.
Provinces. During his last visit. Soviet Automobile Industry.
M. STAUNING IN LONDON
No comments yet.
Private notes are available after approval.