1939-05-24 — Page 1

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"RICKSHAW"

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THIRD EDITION

CHINA

OLDEST NEWSPAPER IN THE FAR EAST. ESTABLISHED 1845.

No. 30,686

JAPAN'S

ISOLATE

-YEN RATE IMPROVES

Shanghai, To-day.

A further recovery in the value of the yen was noted in the local market this morning when ex- change shops raised the buying rate to 932 National cents com- pared with 911⁄2 yesterday after- noon. Reuter.

DESPERATE WEAKNESS OF

INSIST ON

Daisy

MAIL Brand

WEDNESDAY, MAY 24, 1939

Price: 10 Cts.

AUSTRALIA'S CHOICEST

BUTTER

TO

THREAT

KULANGSU

'Delicate Issue' POSSIBILITY

Tactics

Tokyo, To-day.

The Japanese press continues to feature the alleg- ed "delicate issue at Kulangsu,” notably the Anglo-Franco-American-Japanese conference on board H.M.S. Birmingham.

The Japanese naval authorities have decided to in- tercept traffic between Kulangsu and Fukien Province, thus isolating Kulangsu from all outside points except Amoy, according to the "Asahi Shimbun.'

The paper

OF AN EARLY ELECTION

LONDON, TO-DAY. THE POSSIBILITY OF A GENERAL ELECTION IS BE- ING CANVASSED FOLLOWING ANNOUNCEMENT LAST EVENING OF A GOVERNMENT

THE

CAMPAIGN FOR JUNE, JULY, AUGUST AND SEPTEMBER, IN WHICH ALL MEMBERS OF THE

CABINET WILL TAKE PART.

The campaign will be opened by declares that if jout that the peace of Amoy de-an address by the Prime Minister,

YEN IN SHANGHAI Japan's reasonable demands are pended on the supression of anti- Mr. Neville Chamberlain, at Cardiff

Shanghai, To-day.

After referring briefly to the "desperate weakness" of the yen in Shanghai, "Finance and Com- merce" comments on the new Jap- anese-sponsored currencies in Cen- tral and North China.

Stating that small quantities of Hua Hsing. Bank notes

are now

According to the Constitution

Trans-Ocean.

3

rejected and the Powers endea-Japanese elements operating from on June 24. vour to intimidate Japan by joint a base on the Kulangsu Island. action, Japan must not recede The Consul again demanded General Election is due in 1940.-. but must push her policy un-increase of Japanese members

Reuter.

in the Kulangsu Police Force, flinchingly.

adding that the present number

New Demands

of

12 were insufficient to co- operate with the Kulangsu police.

The Consul also demanded that the Chinese members

of.

the

Committee and that at least

Shanghai, To-day. IT is learned that the Municipal Council be appointed Japanese Consul-Gen- by the Amoy Peace Preservation eral at Amoy, Mr. Uchi-three officers of the Committee da, presented another be appointed on the Council. have had not

statement to the Kulang-will again reject the Japanese de- Municipal Council mands. Our Own Correspon- yesterday.

circulating in Hongkew, the paper remarks that the activities of the the slightest effect on the exchange

new bank hitherto

market in any shape or form,

Referring to the recent streng- thening of Federal Reserve cur- rency in Tientsin, "Finance and Commerce" asserts "This is not saying a great deal, seeing that an

su

The Japanese official pointed

amount of leeway still has to be ITALO-GERMAN

made up. even the Japanese are now frankly admitting the failure of Federal Reserve notes, and the recent lowering of the dis-

COMMISSIONS

count was probably due to fairly SET UP

heavy amounts being from circulation."—Reuter.

withdrawn

JAPANESE LAND REINFORCEMENTS AT TSINGTAO

Perping, To-day.

Berlin, To-day. The formation of two per- manent Italo-German Commis- sions which, “under the direction of the two Foreign Ministers, will consult regarding co-opera- tion in the military field and the sphere of war economy" is an- nounced by the "Deutsche Allge- meine Zeitung.”

The newspapers in general de- considerable attention to vote foreign press reports and com- nents on the Italo-German al-

It is reliably learned that fresh Japanese reinforcements have land- ed at Tsingtao as well as at liance. Tangku

Figures are unavailable, but it is believed that the Tsingtao land ing, which took place from several transports, totalled in the neigh: bourhood of 20,000 men, and it la belloved they were front ́ ́ ́Some of the: new? already: béžn

The German Chancellor left Berlin 1 yesterday for Obersalz- burg where he will remain until the beginning of June, when the Yugo-Slav Regent, Prince Paul, Trans-Ocean. will visit Berlin.

neighbourhood, where there hás have been considerable guerilla activity.

-Router.

It is believed that the Council

dent.

NEW SOVIET AMBASSADOR

Warsaw, To-day.

י

The new Soviet Ambassador to Poland, M. Sharanov, arrived here last evening.

The post of Ambassador at

Warsaw had been vacant since the "purge" of the Soviet diplo- matic services.-Trans-Ocean.

HAVE AN H.B.-

HB

·AND THEN TRY!