1940-02-26 — Page 1

"MAN WHO IS AFRAID" See

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CEYLON TEA

LATE FINAL

Page 7 NIGHT

CHINA MAIL

OLDEST NEWSPAPER IN THE FAR EAST. ESTABLISHED 1845.

No. 30,985

MONDAY, FEBRUARY 26, 1940 Price: 10 Cts.

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Italy's Close Watch On Near East Situation SUSPICIOUS OF ALLIED MASSING

HITLER PEACE OFFENSIVE

(SPECIAL TO "CHINA MAIL")

London, To-day. Hitler will soon resume his peace offensive on a large-scale, the weekly paper "The People" de-

(SPECIAL TO 'CHINA_MAIL")

Rome, To-day.

ITALIAN POLITICAL circles are watching with the

TURKEY

utmost interest all developments in the Near CAUTIONS East, as the latest reports confirm that a strong THE SOVIET concentration of Allied troops has taken place and also that pressure is being brought by Mos- cow on the Iranian Government.

(SPECIAL TO "CHINA MAIL") Istanbul, To-day. Strong exception is taken

On the one hand, Italy fully realizes the danger of by many newspapers here to

Soviet penetration southwards, bringing Russia the recent into direct contact with the Moslem Arab world. the Soviet fleet in the Black On the other hand, Rome Sea, which are considered

manoeuvres of

clares in a sensational WANG HAS fully feels that successful "untimely" by most of the

report.

MONEY PROBLEM

(SPECIAL TO "CHINA MAIL")

Shanghai, To-day.

new

According to "The People," Hitler will suggest to Mr. Sumner Welles that "under certain circumstances" Ger- many may become quite moderate and stop at less In an editorial on the pro- than the officially stated jected conditions, namely, restrain- Wang Ching-wei's organ, the government, ing her European conquests "Central China Daily News," and regaining her colonies.

Hitler will also suggest that as soon financial market should be declares that the Shanghai as the war is over in Western Europe Germany will break her ties with brought entirely under the Russia, as "the Germano-Russian pact control of the new govern- was merely an expedient" and that he might even take a very strong attitude

ment. against the Soviets.-Havas.

SHOT DEAD

OUTSIDE

NIGHT CLUB

SHANGHAI, TO-DAY.

IN

The Chinese National cur- rency, the paper says, is maintained only with British support and this is sufficient reason for the modification of the

present currency system.

Furthermore, the journal alleges, the inflation carried out by General Chiang Kai-shek's government is such that a sudden collapse of the whole Chinese

at any time.

the paper continues, and the

The harm done is beyond repair. only Chinese National currency. possible solution is the abolition of the

AFTER LEAVING CIRO'S. THE | economic structure can be expected WELL-KNOWN NIGHT CLUB BUBBLING WELL ROAD NEAR THE RACE CLUB, LAST NIGHT, CHIEN JEN-LUNG, EX-POLICE DETEC TIVE OF THE FRENCH CONCES- SION AND LATER AN OFFICER IN THE CHINESE WESTERN DISTRICT BY TWO FORCE, WAS SHOT DEAD BY TWO GUNMEN.

The gunmen escaped.

Chien, who was shot in the stomach, was accompanied by his wife; she was unhurt.

Political

shooting.

motives are seen in the

This is why the govenment, as soon to establish a new monetary system. as it is formed, will seek urgently

---Havas.

No Effect On The Market (SPECIAL TO "CHINA MAIL")

Shanghai, To-day. The editorial in the "Central

Meanwhile, one of the male Chinese wounded in the Paramount Ballroom | China Daily News" failed to influènce shooting on Saturday night-Pan the market, which remains quiet and Chiu-tang, tea merchant-has died.

Miss Mary Chen's condition is most critical-Reuter.

WEATHER FORECAST-North `East winde, frash; cloudy. generally; some drizzle or miet.

steady.

Observers are at a loss to explain the reasons behind the story in Wang Ching-wel's paper...

· Most authorised quarters are of the opinion that to-day's statement mere-' (Oontinued on Page 20.)

Allied resistance to the Soviet Turkish journals. threat would reinforce con- The influential "Yenisabah" com- siderably the Franco-British ments:-

"Certain quarters have interpreted position in the Near East and these manoeuvres as a warning to thus decrease Italian in-Turkey and even to France and Great fluence.

While before the war broke out Italy made considerable efforts to build a Moslem bloc around her, such a bloc

may eventually materialize around, Great Britain and France.- --

In this event, Italy's communi. cations with her African Empire would depend entirely on Britain's will and the Italian "drang nach osten." which took her to the Dodecanese lalands, would be de- finitely checked.

Britain.

"It is extremely unlikely, however, that Moscow may order an aggres. sion doomed to disastrous fallure. "The Kremlin is well aware of Turkey's strength and of the fact that France and "BritainTM would``Intervene immediately in Turkey's favour." Havas.

the Franco-British concentration in the Near East constitutes a threat to the Italian colonial empire and might be used as a weapon for bringing pres- Finally, even now certain Italian sure to bear on Italy in her European circles in Rome already consider that policy-Havas.

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