1937-05-05 — Page 9

THE CHINA MAIL, MAY 5, 1937

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ANGLO-AMERICAN LINKS

CO-OPERATION IN MONETARY

AND ECONOMIC POLICY

The Chancellor of the Exchequer and the Pre- sident of the Board of Trade both had questions to answer in the Commons yesterday relating to co- operation with the United States in currency con- trol and other aspects of monetary and economic policy.

MR. CHAMBERLAIN WAS ASKED ABOUT THE STABILI SATION OF GOLD IN THE UNITED STATES AND COLLABOR- ATION BETWEEN THE TWO GOVERNMENTS IN THE PUR- CHASES OF FRESH SUPPLIES OF GOLD WITH A VIEW TO CURRENCY STABILISATION.

He replied that general co-oper- ation was maintained with the

United States Government and DUKE OF

other parties to the Tripartite

Very satisfactory results were achieved in official trials held yes- terday of the m.v. Legazpi, built by the Hong Kong and Whampoa Dock Co. A top speed of 13.85 knots was achieved.

French Air Force Crash

Paris, To-day. Two French air force non- commissioned officers crashed to their death yesterday when a fighting plane which they were Or- leans, failed to pull out of a tail

Monetary Declaration of last Sep-WINDSOR'S

WINDSOR'S flying over Artenay, near

tember for the purpose of main- taining, as far as possible, an equi- librium in gold.

In pursuance of that policy, gold was purchased when necessary and no change in the system was cón- templated.

IN CLOSE TOUCH

1

į spin.-Trans-Ocean. WEDDING

AT CHATEAU

CANDE

Paris, To-day

He assured 2 supplementary The Duke of Windsor arrived questioner that the Treasury was at the Chateau Cande, near

Huge U.S. Gold

in touch with Washington with the Tours, yesterday and rejoined Purchases

object of maintaining the maximum co-operation.

Replying to another question on the rising cost of living, the Chan- cellor said that with increasing. prosperity and improved employ-| ment there was a natural tendency for prices to rise above the very low level to which they fell during the slump but there had been no ab- normal development at home and

the cost of living was still decided- ly lower than before the depres- sion started in 1929 and 1930.

INFORMAL CONTACTS

Mr. Runciman, who stated that there had been informal contacts. between British Government offi- cials and Monsieur Frere, acting

of

Mrs. Ernest Simpson.

The Orient express, in which the Duke travelled to France, came to a halt at the little town of Ver- eneuil, where the former King and is retinue left the train in order to complete the remaining portion of the journey by motor-car.

Shortly after his arrival, a state ment was issued to the press saying that the Duke would stay in the chateau for a few days.

London, To-day.

"I am aware that the United States Treasury has bought over $500,000,000 in gold.

This statement was at question time made in the House of Commons yesterday by the Chancellor of the Exchequer, Mr. Neville Chamberlain.

Mr. Chamberlain added that co- Informed quarters state that the operation was maintained with the wedding will take place at the Cha- Government of the United States teau Cande and that the honeymoon and other parties to the tri-partite will be spent on the Dalmatian agreement for the purpose of main- coast. Trans-Ocean.

FRENCH WARSHIP FOR SPITHEAD

26,000 Tons Battleship

on behalf of the Belgian Premier, Mr. Van Zeeland, in the latter's inquiry into the possibilities of re- ducing trade barriers, had his at- tention drawn to the increase United Kingdom exports and re- exports to the United States and was questioned about the prospects of a represented at the Coronation naval trade agreement.

TRADE WITH U. S.

He replied that it would not be

In all probability France will be

review, to be held at Spithead from May 13 to 21, by her new battle- ship, Dunkerque.

A final decision, however, has safe to assume as the questioner not yet been taken. had implied, that the recent =_in-

the first

was n

Launched in 1935 as

taining as far as possible equili- brium of currencies.

In pursuance of the policy, he said, gold was purchased when ne- cessary and no change in this re- spect had taken place.--Reuter.

AQUITANIA'S FEAT

Best Steaming In Her Long Career

U.S. SOCIALIST ATTACKS BRITISH

POLICY

OUTBURST ON HIS ARRIVAL.

FOREIGN OFFICE"

"HYPOCRISY”

The first act of Mr. Norman Thomas, defeated Socialist candid- ate in the recent presidential election in the United States, when he arrived in England was to make a violent attack on the British Foreign Office and its policy.

Immediately on landing he declared:

"I do not

agree.

British

foreign policy, and Sword of

worse

-

hypocrisy contains little that is than the record of the British Foreign Office in regard to Spain."

Mr. Thomas will speak on the same platform in London with Mr. Opposition, and Sir Stafford Cripps, C. R. Attlee, leader of the Socialist

who is under threat of expulsion from the Socialist party. He will stay with Sir Stafford.

Worked For Rebel Advantage

Mr. Thomas explained his criticism of British foreign policy. "We în America have been under the impression that Portugal has been a British pawn on the chess board of international affairs for a long time," he said.

به

"From the moment Franco began his revolt Portugal aided him. It is impossible for an ordinary in- telligent person to believe that Portugal could have done this without the tacit consent of the British Foreign Office.

When this thing was brewing, a reasonable standing-up for the or- dinary rights of a government against rebellion involved no dan- ger of war, There w

were not five chances in a hundred that a firm line by England and France would not have stopped the support of

Por

London, To-day. The Cunard White Starliner, crease in United Kingdom exports French post-war battleship, the Aquitania, which reached South- trumped-up insurrection by and re-exports to the United States Dunkerque is a vessel of 26,500 ampton yesterday afternoon from tugal. Italy and Germany.

mainly attributable to the re-tons, with a speed of 30 knots, and New York completed the best "British capitalists, largest foreign ductions which had been made in a main armament of eight 18in steaming performance in her 23,

wners of mining stocks in Spain, the United States tariff since 1934. guns.

years' career.

I backed Franco very effectively with He added that the value of imports Her protection against all forms She crossed the Atlantic be- money and influence. The British of merchandise from the United of attack is claimed to be superior tween the Ambrose Channel light non-intervention policy has at States into the United Kingdom had to that of any other warship afloat: vessels and Cherbourg breakwater, times and in every way worked încreased from about £32,000,000 in

8199 nautical miles, in five days, the advantage of the rebels. 1934 to rather over £95,000,000 in

eight hours, thirty-seven minutes, "Collective security is a dubious 1986 and he repeated a previous

which is an average speed of 24.87 blessing when the British Foreign Commons' answer to the effect that

Office gives tacit support exploratory - discussions in relation to an Anglo-American Trade Agre ment were still proceeding. British Wireless.

Following an organised raid on the knots. offices of the Jewish Agency at Jeru Her previous best average was Franco.” ⠀ salem, in which windows and furniture 24.82 knots accomplished last year Mr. Thomas declared that his were smashed, 37 members of the jun-after she had been fitted with four views coincided with the unanimous or branch of the Jewish Revisionist party were arrested.

new propellors. British Wireless. opinion of Americans.

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