1939-03-18 — Page 9

THE CHINA MAIL, MARCH 18, 1939.

·Page 9

France To Become Vast Workshop To Meet Situation

SLUMP ON NEW YORK STOCK MARKET

The New York Stock Exchange

is in the throes of a crisis atmos

DALADIER'S

AMERICAN

COOL RECEPTION PLANS FOR

IN CHAMBER COTTON SALES

Paris, To-day..

phere as a result of the annexa- "My firm determination is that France should be-

tion by the Nazis of Czecho- Slovakia, and the stiffening at- titude of the Democratic States.

The condemnatory statement

WASHINGTON, TO-DAY. PRESIDENT ROOSEVELT, AT YESTERDAY'S PRESS DECLARED

come an immense workshop. That is the only CONFERENCE,

way to safeguard France.”

issued by the Roosevelt Adminis- So declared the Premier, M. Edouard Daladier, in

tration caused a further scaling down.

A gloomy view is taken of the outlook in Europe, and prices on the day fell from two to six points. Selling pressure was exerted throughout and 1,470,000 shares were done.

ST. PATRICK'S BALL

Patrick's Day in traditional manner

IT NOW LOOKED AS IF THERE WOULD BE A PRO- GRAMME TO DEAL WITH AMERICAN COTTON

Pointing out that progress

the course of the vital debate in the Chamber THE of Deputies yesterday in which the Govern-CARRY-OVER. ment's foreign policy came under opposition been made toward this end,

fire.

M. Peri, a Communist Deputy, (Government opening the debate in an impassion- silent.

supporters),

had

the

Chief Executive stated that the Ad- ministration was trying to solve the were problem without at the same time

bankrupting the Treasury.

ed speech attacked the Govern- The sitting was suspended after former Minister, ment's handling of Munich and the M. Frossard, a Czecho-Slovak situation,

made an eloquent appeal for na- Amid Communist and Socialist tional unity.-Reuter. cheers M. Peri demanded that M. Daladier and M. Bonnet (the For-

7

(Continued from Next Col.)

Local Irishmen celebrated St.eign Minister) resign "so that the of cotton, and the Government was

country can have a little stability." not going to dump or burn it.

SITTING SUSPENDED

He also indicated that the build- at the annual Ball at the Peninsula Right Wing Deputies booed anding up of a war reserve of cotton Hotel last night in a typical atmos-cat-called and shouted "Vive Dala- would provide no solution to

dier." Many Radical-Socialists 'problem.-Reuter.

phere of conviviality in which the revival of old Irish customs and artistic decorations in the motif of the Emerald Island brought stirring reminders of home to the exiles! who attended.

The Roof Garden and the Rose Room were tastefully decorated for the occasion, a replica of Blarney Castle in the Rose Room together with the Blarney Stone being the principal feature,

Much amusement was caused in the course of the evening by the many who went to the top of the "Castle" to lean over and kiss the Blarney Stone and thus be endow~ ed, by proxy,

with the gift of eloquence for life.

The official party occupied a dais in the Rose Room and immediately behind them

was an illuminated "Four Provinces" Shield, depicting the coats of arms of Ulster, Mung- ter, Leinster and Connaught....

Historical paintings included Adam's Bridge, Killarney, Glenda- lough, Blarney Castle, Kate Kear- ney's Cottage and the Claddah.

Irish folk dances, and an excel- lent dance programme arranged by Mr. J. C. M. Grenham combined to make this function one of the most enjoyable of the social calander, and merrymaking was continued until the small hours of the morn- ing.

DUKE OF ALBA AT PALACE

London, To-day..

The new Spanish ” Ambassador,

the Duke of Alba and Berwick, pre- sented his Letters of Credence the King yesterday.

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Model 340 only $115.-

The President indicated that one reason why the Treasury did not like the Smith Bill, which aims at liquidation of the loan on cotton. and preventing the new cotton crop entering into the Government loan, was because it would cost too much.

NO DUMPING

The President declined to discuss details of the cotton plan but said the it would involve the eventual sale Continued at foot of preceding Col.

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