1938-01-20 — Page 5

STABILITY OF CHAUTEMPS CABINET DOUBTED IN LONDON Uncertainty Of Plans And Policy Of 'Popular Front

M. LEON BLUM'S AUTHORITY IN DECLINE

London, To-day.

CANTON EXPORT MOTOR TUCKS

TRADE TO BE MANNED

Canton, To-day.

In spite of the business out-

Prospects of the new Chautemps Government look in Canton, which appears to are characterised by several London newspapers as not especially favourable, opinion being that the Cabinet will be short-lived.

"The Times” says that M. Leon Blum's authori- ty in his party has declined in recent weeks.

his

M. Bonnet said that during Activities in the French Cham- ber, says the journal, will play a term as Ambassador în Washing- decisive role in determining the ton, he had received many touching future of the Radical-Socialist Gov- testimonies of American sympathy ernment and also the Social-Demo-for France Trans-Ocean. cratic Party.

The "Daily Telegraph" sees dan- ger in the fact that uncertainty ex- ists as to what extent members of the. Popular Front are in ment among themselves regarding future policy. Trans-Ocean.

agree-

PREMIER'S PROBLEM

Paris, To-day.

GLOOMY VIEW OF WORLD WHEAT PROSPECTS

London, To-day.

be slackening rather than im- proving, foreign shippers here state that large scale exports continue, particularly in regard to several commodities f

from central and west China pro- vinces.

These commodities, which formerly reached the coast via the Yangtse, are now obliged to be sent by rail to Canton and thence to Hong Kong.

wood-oil

One of the shipments being. handled-in large quantities barrels, which Was formerly ship- ped in bulk from Hankow and other up-river ports to Shang- hai-Reuter.

|FRENCH TRADE

Paris, To-day. The French foreign trade balance

The new Chautemps Government, which contains 18 Radical-Sócíal- ists and two Republican Socialists,

A gloomy view of wheat pros-for 1937, just published, shows, an will control only 160 votes out of 623 in the Chamber of Deputies. pects is taken by the Secretariat import surplus of 18,880,000,000,000

In addition to these, of which III of the Wheat Advisory Commit-francs.-Trans-Ocean. are Radical-Socialists, 26 Republi-tee which, after can Socialists and 25 Independent survey of the situation concludes Leftists, M. Chautemps can rely on with this statement: 156 Social-Democrats.

an exhaustive

In the absence of a concerted effort will to deal with the problem of surplus Roughly, the new Premier have possible support of 318 votes wheat production, the return of the as against the opposition's 407. Trans-Ocean.

FRENCH APPROVAL

Paris, To-day. -

catastrophic wheat purchasing power of the early thirties in over- seas countries is inevitable.

If world consumption is main- The French press has generally tained at recent levels, it will fall approved of the new Chautemps short of the current production by Government. New Cabinet mem-10 per cent. bers paid a traditional call on the President yesterday morning and their own cure as experience the first Cabinet meeting has been convened for to-morrow. Reuter.

CABINETS AIM

Paris, To-day.

Low wheat prices will not carry

in low

Singapore Raw

Rubber

Messrs. H. B. Joseph and Co., have received the following quota tions in Straits Currency for Raw Rubber:

February/March 24 by Up 4. April/June 24-% b- Up 3⁄41⁄4. July/September 24-% b. Up Market: Steady-

LOCAL DOLLAR

The demand rate on the Hong the past decade showed, when prices caused an extension only of Kong dollar this morning was animal and not of human consump-1/28- tion.

FOR DEFENCE

Drivers of the motor-trucks of the Canton-Kowloon Highway Transport Company, are reported to be expert in the use of various

types of guns, as well as truck

drivers.

The Company has now 75 experi- enced drivers but has not yet at- tempted to use the new road to Canton:

The men, as reported previously, are alt Shanghai Chinese, and will be equipped with arms immediately on crossing into Chinese territory, the purpose being to protect them from raids by Japanese planes.

The vehicles will be used not only on the road to Canton but also on highways in the interior.

J..

BREAST POCKET INVITATION?

Mr. R. Edwards sentenced Li Tim, an unemployed tailor, to two months' imprisonment when he was found guilty of the theft of a fountain pen, valued at $29, from Mr. Shou J. Chen, the manager of the Bank of China, in Ice House Street yesterday.

Mr. Chen said defendant bumped into him. He heard the click of his pen and turning round caught the the defendant who had in meantime passed the pen to an- other Chinese who made off.

N.E.I. CANARD

Berlin, To-day. "Spot" silver was quoted in Informed quarters in Berlin “re- The Secretariat estimates for London yesterday at 20% and for-gard with astonishment" reports in In a statement to the press last

Chinese newspapers that an agree night, M. Camille Chautemps em-1937-38 world net exports at 520-ward at 20%.

with The London on New York rate ment for partition of the Nether- phasised that the Government would 000,000 bushels as compared do everything to comply with the the estimates of the International was quoted at £U.S.$4.9987 and lands East Indies has been reach-

the Institute for Agriculture and the the New York on London rate led between Japan and Germany. wish for social reforms and

safety of the country's defences. Food Research Institute of 535 and -U.S.$4.99%.

M. Chautemps said that he and 550 million bushels, respectively. M.Edouard Daladier would" rear-

The world net exports for the next ganise the Ministries of National few years will not exceed an aver- Defence.--Trans-Ocean.

CABINET COUNCIL

Paris, To-day.

age of 550 million bushels, which forecast is most likely to be too high then, but ignores the possible ac-

First Cabinet Council of the new cumulation of emergency reserve Chautemps Government will take stocks in certain European coun- place this afternoon, and the first tries-Reuter. Council of Ministers to-mOTTOW morning. Trans-Ocean.

TURNING FROM MOSCOW?

Paris, To-day.

HANGCHOW "AUTONOMY”

Shanghai, To-day.

An "autonomous committee” has been formed in Hangchow, capital of Chekiang, says a Japanese re- port.

be

Rightist newspapers in Paris sug

The committee is said to gest that the new Chautemps. Gov- ernment is turning from Moscow headed by the former police com- towards London and Washingto missioner of Greater Shanghai.

The papers cite a speec made by Trans-Ocean. the Finance Minister,

Georges

Bonnet, in which he said that Miss · D. Dodwell has reported France would have to strengthen that while shoppin at the Boston the basis of her co-operation with Shoe Store yesterday she lost a the other two great- Ú

bag containing money and

Britain and the United States. jewellery to the value of $43.

Trans-Ocean.

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