1919-04-11 — Page 5

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THE

HUNGARIAN SOVIET GOVERN= |

MENT OVERTHROWN ?

WILL THE ALLIES OCCUPY HUNGARY? CONFERENCE OF CENTRAL EUROPEAN STATESMEN PROPOSED.

SOVIET

REPUBLIC

PROCLAIMED

IN BAVARIA :

A GENERAL STRIKE IN PROGRESS.

PEACE TREATY TO BE READY BY EASTER.

LATEST CABLES.

GERMAN MISSIONARIES.

IN THE BRITISH EMPIRE.

LONDON, April 7th.

In the House of Commons, replying to Colonel Burne, Colonel Amery said that inquiries instituted in January last year

TACON REUTER'S AGENCY. Į CRISIS IN CENTRAL EUROPE. ALLIES TO OCCUPY THE WHOLE OF HUNGARY.

Losos. April 4th. A telegram to Coprubagen, dated Aprit showed that 138 German missionaries, of 4th, from the Zaku? Anzeiger's FienunWhen 87 were Alrace-Lorrainers and one

correspondent, declares that the campaign. against Hungury will be soon commenced by the Italian, French, and Colonial to march froops, who are now ready against Budapest.

The plan is to occupy the whole of Hungary There is no vunfirmation from any other source,

GENERAL SMUTS LAYS DOWN TERMS. COPENHAGEN. April 7th.

The

A telegram from Budapest states: General Boats has proposed to Hungarian Soviet Republic:--

Firstly, that they shall withdraw all Broops and armed forces west of a certain Hefined line:

Secondly, that the Rumanians shall be ordered not to advance beyond their pre

Bent positions:

Thirdly, that those respective lines shail be regarded ALS * nethral zone, and occupied by British, French, Italian and, possibly. American troops,

Fourthly, that the Bungarian Govern ament accept the terins of the Military Convention of November 13th, 1918, and. the Armistice of November 3rd, concluded by the previous Hungarian Governnieut.

Fifthly, that it shall be definitely dr clared that the above-mentioned demarca

was a Pole, had been permitted to remain in the Colonics and Protectorates,

He had no exoct

total for the self. governing Dominions. The responsibility for the expulsion and internment of Ger-

nas missionaries from these territories

sted primarily with the various over seaa Governments, who possessed, and might be relied upon to apply, the neces- sary legislation in the ease of undesir.

ables.

PRELIMINARY PEACHTREATY IMPORTANT STATEMENT BY MR.

LLOYD GEORGE.

Pants, April 6th. Interviewed by Le Matin, Mr. Lloyd George declared thu, he agreed with the ferent prophecy of M. Pichon that the preliminaries of peace would be ready by: Easter.

At the end of April or the beginning of May, the Allies would be able to invite tlus German delegates to come and sign

Preliminary Pence Treaty.

WITHIN THREE WEEKS,

Paars, April 6th.

11 in responsibly stated that the Coun- eil of Four have practically agreed on all the outstanding questions, except the problem of personal responsibility for It is expect. Burr line shall not influence the oventuri ¦ breaches of the laws of war.

territorial arrangement,

ed that the Germans will appear at Ver suilles in three weeks.

Sixthly, at General Minuts, will, in Jarn, propose to the Council of the Great Powers in Paris immediately to raise the blockade of Hungary and allow facilities for the immediate import of prime neces Bilies, especially fat and coal;

Seventhly, that be will also propose to the Great Powers assembled in Paris, before finally determining Hungary's political frontiers in the Peace Treaty,

GERMANY.

EXCITEMENT IN MUNICH.

BERLIN, April stb.

HONGKONG DAILY PRESS, FRIDAY, APRIL 117H, 1919.

GENERAL STRIKE LN. BAVARIA,

COPENHAGEN, April 8th.

A tolegrain from Warzburg (Bavaria), dated April 7th, states that a Soviet He- public has been proclained. Communist troops have occupied the telephones, tele-. graphs and newspaper offices. A general strike began in all factories and shops except the food-shops, which are closed.

Regensburg has declared for the Soviet Republic.

The news of the proclamation of the Soviet Republie has been received in Naremburg calmly. Work is proceeding. THE NEWS REACHES BERLIN. COPENHAGEN, April 7th.

A telegram from Berlin, dated April 7th, says that the Munich message to the Berliner Toyrblatt states that the Soviet Republic was decided upon at one o'clock this morning.

PREMATUREY

LATEST CABLES.

BRITISH TRADE.

COMPARISONS WITH MARCH

LAST YEAR.

LONDON, April 7th.

COMPANY MEETINGS, UNION INSURANCE SOCIETY OF CANTON, LTD.

5

BRITISH TRADERS INSURANCE CO., LTD.

An extraordinary general meeting of An extraordinary general meeting of the British Traders Insurance Co., Ltd, the Union Insurance Society of Cantun, was held, yesterday evening, at the Ltd., was held yesterday, at the Society's offices of the company, Queen's Build- ollices, Queen's Buildings. The Hon. Mr. ing. The Hon. Mr. P. H. Holyoak pre The decrease in imports amounted to se present the Hon. Mr. 8. H. Dodweli, † Hon. Mr. S. H. Dodwell. Mayers. W

P. H. Holyoak presided, and there were sided, and there were also present the 1,400,881 and the increase in exports to Mars, W. L. Puttenden, A. G, Lang. Roe Thoun, A. U. Lang, A. Forbes,

A Plummer,

Thomson and A. || W. Rues £17,103,181 compared with March Inst: Forbes (Directors), the Hmm. Mr. Ho (Directors), P. M. Hodgson, B

L

A Patienten, J.

Plummer Fook, Mersis Hodgson, B. 8. din Canhn. V. L. des Remedios, Mac Hay, W. R. Mansfield, D. B. Murray, dannid, GW. Barton, H. LA F 5. Alves,

H P. Hay. E Ormiston,

Gardner, V, R. Dowbiggin, JB Thompson, J. Coch Ribeiro, M. A. R. Souza and C.-M. Ede ranc, W R Mansfield, D. B. (Chief manages ). Murray, 11 M H. Nemazes, A. Nemazce, The CHAIRMAN said: Sometime bas

Year.

ITALIAN

EARLIER CABLES.

TRANSPORT

DISASTER.

NUMEROUS CASUALTIES.

struck a mine. 100 injured,

THE LEAGUE OF NATIONS. GERMAN-AUSTRIA TO BE

INCLUDED. ཉ་་་་་

LONDON, April 7th,

BERNE, April 4th. The French Envoy Extraordinary to Apparently, the news of the proelants-German-Austria, interviewed in Vienna, sai that Gornian-Austría would be in tion of a Soviet Republic of Bavarin was

cluded in the League of Nations, . premature.

EARLIER CABLES,

ALDIED FOOD REACHES RUHR

DISTRICT.

COPENHAGEN, Àpril 4th. The first food consignment has reached the Rahr district. Considerable pan- Lities will be distributed to the miners who are working.

TROUBLESOME REGIMENT .

OVERAWEL

COPENHAGEN, April 4th.. A telegram from Berlin states that in consequence of the Augusts Regiment re sisting their conversion into the Imperial Defence Force and repeatedly showing untrustworthiness, the military authori tics took firmn ineasures towards dis- arming them, including the encirclement of their harrucks, bringing up artillery, and pasting machine gung in command. ing positions. The regiment then gave up their arms.

LATEST CABLES.

POLAND, GERMANS RECOGNISE ALLIED RIGHTS.

PARIS, April 6th. Marchal Foch has telegraphed to the Allied and Associated representatives from Spa that the right, under the Armis tice to utilize Dantzig for the landing of Polish troops now in France has been formally maintained. Moreover, in order to hasten the arrival of these troops in Poland, it has been decided to use other lines of transport na proposed by the German Governmaut.

Marshal Foch, concluding, says that the arrangements, as a whole, entirely meet with Allied and Associated wishes.

EARLIER CABLES

DANZIG TO BE SELF-GOVERNING.

PARIS, April 4th. Well-informed British circles consider that the Polish question has been prac tically settled on the basis of Danzig becoming 23 free

The newspapers anticipate the probably under nominal Polish contral clamation of a Soviet Republic and a general strike in Munich on April 7th. There is great excitement in Munich. The streets are filled with crowds gazing

As regards the curridor, it is thought. that part of West Prussia will be given to the Poles, and a plebiscite be taken in East Prussia

It is said that the Communist and Sparticist League Councils have decided to arrest the leaders of the bourgeoisie and the Press,

to invite Hungarian representatives, in at proclamations placarded all over the order to formulate the Government's city. standpoint on the frontier question und on all economic questions, to a Confer ence, under the chairmanship of a repre- seutative of the Grent, Powers, with the representatives of Czecho-Slovakia, Ru- mania, Yugo-Slavia and German. Anstría. HUNGARIAN GOVERNMENT'S

REPLY.

COPENHAGEN, April 7th. The Hungarian Soviet Government, re lying to General Smuts proposala, formulates nauther set of propoenis in. volving different boundaries, favourablo! to Hungarian interests, but agrees to the proposed summoning of a Conference.

NEGOTIATIONS PROGRESSING

FAVOURABLY.

VIENNA, April Ch.

Tho negotiations between General

MUNICH QUIET,

COPENHAGEN, April 8th.

A message from Munich, dated April ath, states that up to noon on April 8th, the Soviet Republic had not been pro- cinimed. The city is completely quiet.

A MOCK SOVIET REPUBLIQ"

HERR ERZBERGER'S PROPOSAL

COPENHAGEN, April 4th.

A telegram from Berlin, dated April 4th, states :--

In regard to the negotiations at Spa in respect of the landing of Polish troops ut Danzig, it is semi-officially stated that Herr Erzberger proposed that the troops be sent from Laneville across Germany.

LATEST CABLES.

NATIONALIST RISING IN

EGYPT.

A SUBSIDENCE OF DISTUR

BANCES.

R. A. Dastur, J. M. P. Silva, Ho Leung, RR. Kotewall, and M. Ede (General Maanger).

This Company was established in this Colony many years ago under the name of the Chiun Traders' Insurance Com pany, Limited," and later its name was changed to the British Traders Insur ance Company, Limited."

elapsed since the notice of this meeting was advertised in the Press announcing PAL, April 4th.

that certain resolutions would be sub- The CHALKMAN said: Gentlearet, An Italian transport on its way from Over a month has elapsed since the mitted and proposed at this meeting to Venice to Tripoli, with 2,000 abord,eiroular announcing your Directorgrethe effees that the Company's capital be Several were killed, and contendiation that the Society's capital converted from silver to gold, and, be be converted from silver to gold, and. fore asking you to vote upon these resohe before asking you to vole upon the rotions, and others, which are to-day be solutions which are today before you, fyr ym. I would like, with your permis. reasons "of your would like, with your permission, to ex

to expinin the plain our seasons for asking you 19 akirectors for the change in the constitu so important a step involving as it does tion of the Company so drastie a change in the constitution of your Society.

As you are aware the society was estate lished in 1895 to operate solely in the

Ag time won on Branch Offices were opened in China, Japan and London, and the untural development

In 1906, un amalgamation with the establishment which followed led to the of branches in the Straits Settlements, Union Insurance Society of Canton, Australia and Indin.

In recent years Limited, was effected, and the two Com

panies are now under the same manage we have inreased our branch representa

ment and control. tion in these countries, and have opened up further offices of our own at one or Branch Offices have been opened in more places in Canada, New Zealand, the China, Japan, London, Straits Settle- Argentine and the Dutch East Indies, ments, Australia and India, and, lately, As a result of this expansion then Canada. New Zealand and Bucho Society's business is transacted to a very Aires. large extent in gold, the earning of our The Company's business, as will be silver profits being coulined solely to theseen, is transacted to a very large extent Colony and to China,

in gold, and our constituents in these

GT. BRITAIN AND FRANCE.

BRITISH PREMIER'S IMPORTANT STATEMENT.

PARIS, April 4th. Interviewed by Le Petit Parisien, Mr. Lloyd George declared that Groat Britain would always retain the faith. ful ally of France. The British did not come into the fight on the side of the French in order that France might enjoy relative peace for a certain fixed period. They desired that France should possess complete security for the future. Great Britain did not regret her sacrifies, in the war, and was ready to make them again, if necessary, to assure the peace and independence of France.

A COLLISION AT SEA

BOTH STEAMERS SERIOUSLY DAMAGED.

LONDON, April 1st The Clan liner Clan Maebeołan collid. ed with the British steamer Silsden of South. Foreland. Both were seriously damaged. The Clan Machculan proceed. ed to London.

THE PEACE CONFERENCE.

ALLIED EXPERTS AT WORK.

LONDON, April 4th. Commissions of British, French, an American experts appointed by the Council of Four are drafting the settle ments, the general principles of which have been agreed upon.

The Second Commission, including Mr. E. 8. Montagu (Britain), is undertaking the same duties in regard to reparation. The Council of Four will resume the dis the reports of the Commissions. mission of both matters on the basis of

FIGHTING BOLSHEVISM.

THE ALLIED SITUATION IN

MURMANSK.

waters.

Our constituents in the various parts places are better able to satisfy them of the world, when satisfying themselves selves as to the security offered by the

the to tour with offered by the Society's Company's policies if the Company'

naturally turn to our annual | hoància) position is shown in the annuRÈ balance sheet, and by presenting it in balaner-sheet in gold, a currency while gold alone, we are using a currency which more properly represents our world-wide now more properly represents uny world- operations, wide operations.

In order to bring about the conversio

it has been necessary to apply to the

This morning, similar resolutions to Those were passed by the shareholders of

Hongkong Government for a special the Union Insurance Society of Canton, enactment. Ordinance No. 4 of 1910 cited Limited, and it is most desirable thes there two companies, whose operations The Union Society Insurance of Ordinance 1018 has been passed and s Canton, Limited (Capital Conversion) are so closely allied and under the same management and control, should show Gis, their workings under the sume currency," Sented to by H.E. the Offer Administer

In order to bring about the conversion, ing the Government, and the conversion becomes effective upon the confirmation it has been necessary to apply to the special of the resolutions which you are to-day Hongkong Legislature for a bcing asked to pass.

in

a

As in the case of the Union Insurance Society of Canton, Limited, your Direc Lors consider it desirable to increase the Authorised Capital of this Company to £1,000,000, which will compare more favourably with its competitors in geld

countries.

enactmeal, and an Ordinance intituled I will now deal with that part of the The British Traders Insurance Com resolution increasing our authorised pany Limited (Capital Conversion) capital to £2,000,000. In recent years the Ordinance 1910 Has been passed this Society's capital has twice been increased, morning, and the conversion will become firstly upon our amalgamation with the effective upon the confirmation of the Chine Traders' Insurance Co., Ltd., since solutions which you are to-day being re-named the British Traders' Insurance asked to pass. Co., Ltd., and secondly upon our amulgn. One Commission is drafting a settle-mation with the China Fire Insurance ment regarding the economic exploits. Co., Ltd. tion of the Saar basin by France, and The expense and labour in increasing the military neutralisation of the capital is by no means inconsiderable

and your

Directors feel, therefore, that Rhenish Territories,

advantage abould be taken of the ucet inge called to bring about the conversion

Upon the confirmation of the resofiz u also arrange the increase. By so doing) the capital of the Society will compare ions, each share of a nominal value of favourably with its competitors in vari 83.33 will be stematically transferred ous parts of the world, and we shall be into three shares and two-fifths of one better position to arrange further share of the nominal value of £5 each The total number of gold abares will be amalgamations, should opportunities pre- seat themselves and they are duered 1,000, and at the meeting to be held on the sath April you will be asked to agree desirable.

Upon the confirmation of the resoluto the issuing of 14,400 additional shares tions, each share of a nominal value of on the terms set forth in notice that 8950 will be automatically transferred will be shortly given. The issued Capital into 5 shares of a nominal value of £10 will then consist of 98,000 sharry, and 1 each.

The total number of these gold am authorised to state that the issued Reinforcements of infantry and shares will be 80,000 and at the meeting capital represented by 104,000 tree wil marines rapidly moved down the railway to be held on the 25th April you will not be issued in part or whole witho line in anticipation of nipping in the be asked to agree to the issuing of 16,000 your sanction. bud. tho mutinous tendency amongst the additional shares on the terms set forth It is annecessary at this juncture tim Finaish troops forming part of General in the circular. The issued capital will deal with the resolution bringing the Maynard's forces, whose object, it is then consist of 96,000 shares, and I am paid-up value of the new shares Lo believed, is to effect a junction with the nathorised to state that the unissued ench, as we are advised by our solicitora Bolsheviks.

capital represented by 104,000 shares will that the passing of extraordinary resolu not be issued in part or whole without tions is all that is necessars, and these cannot be proposed until the rentiens your sanction.

confirmed It is unnecessary at this juncture to now before you are

spectab deal with the resolution bringing the resolutions, paid up value of the new shares to £1 The ancillary resolution, will dealt

the confirmato each, as we are advised by our solicitors with, therefore, at

Beet that the passing of extraordinary re-ing to be held on the 25th Apri solutions is all that is necessary, and do not think resolutions North gad

need these cannot be proposed until the re-z

further explanation Resolu any solution, now before you are confirmed as tion No. 3 deals with alterations in our Articles of Association which are neces resolutions.

will besary to enable us to declaro bonun

# dividend out of our Reinsuranc, Fund and to set it off against a call which is to be made in order to bring the paid p value of the new shares to £2 cach

LONDON, April 5th. British official statement from Mar- mänsk states:-1

ARCHANGEL SITUATION

The situation in Archangel is unchang- rd. So far the Bolsheviks have not re- sumed their attacks after their recent disastrous failures,

A TWO-DAY ATTACK BEATEN OFF.

LONDON, April 4th.

The Bolsheviks attacked two days ago, without artillery, on the Archangel front, in the neighbourhood of Bolsho. zerki, just west of the railway, CAIRO, March 31st They were beaten off with a

fair The Allied losses werd A communiqué says that Sir Edmund amount of loss. Allenby stated that he was glad to see that slight, disturbances, outrages, and destruction of На A Munich report states that the Cam property, had largely subsided.

reiterated his promise to enquire imparti munists refused to participate in a "Mockally into all grievances, and urged that all responsible and patriotic Egyptiens Soviet Republic,”

should state the steps necessary to restore tranquility and contenti.

COPENHAGEN, April 6th.

A MESSAGE FROM NUREMBERG.

· COPENHAGEN, April 8th. A message from Nuremberg, dated

A BOLSHEVIK ATTACK

"REPULSED.

an

LONDON, April 8th.

2.

The ancillary

After the next annual generate your Directors will recommend division of Article No. 107. (b) is to dividends in sterling currency and the

of legalise the payment at a fixed rate exchange should it the deemed desirable.

It is

to necessary vote upon the thres resolutions, separately. A majority of three-quarters of the shareholders prevent is necessary to pass them, but your Directors fool confident of your unanim ous support

resolutions dealt with, therefore, at the confirmatory faceting to be held on the 25th April.

I do not think I can add any more in explanation of resolutions Nos. 1 and Resolution No. 3 deals with altera tion, in our Articles of Association which are necessary to enable na to declare a bonus dividend out of our reinsurance off against the call Russia saya

A British official statement from Northwich is to lo made in order to bring the

to set it off ag which After all-night

bombardment, paid up value of the new shares to £4 each. THE 1019-1920 BUDGET.

the enemy, on the morning of April 5th, After annual attacked positions near Shroinorbeste your Directors, will recommend declar CA180, April 1st Sir Edmund Allenby issued a proclama The attack was repulsed with heavy ing dividends in sterling currency and

chemy loss.

the addition of Article No. 108 (b) is to Smuts and the Hungarian Government ! April 6th, states that, the Bavarian Nation stating that as it had been impossiblo

We took 190 prisoners, including a legalise the payment at a fixed rate of desirable

The necessary resolutions were pro- aro reported to be progressing favour. tional Conference and the Social Demo- to pass the Budget, he ordered the est Bolshevik battalion commander. We exchange should it be deemed

mates of the Budgetary receipts and of

Those who look upon their dividends as posed by the CAIRMAN, seconded by Mr. bly. It is stated that the questions boing cratic party passed a resolution by 49 to the expenditure for 1019-1920 to be fixed suffered no ensualticn.

a silver income will realise that as rate D. B. Murray and carried unanimously. oussed are mainly territorial, con. 8 against the introduction of a Boviet at 28,810,000 Egyptian pounds each.

RISING ON A LARGE SCALE wuthorised the Government to act on if

of exchange falls the more dollars will corning reasonable concessions to Hun-

PLANNED the Budget were passed!

they receive for their gold dividends ary.

LONDON, April 7th. Whilst it is obviously impossible to fore BOLSHEVISM IN BAVARIA.

EARLIER CABENS

A British official statement from Mur tell what dividends are likely t

to be in

PAR19, April 7th.

manak, dated April 5th, announces an the years that lie before us, there is every AN APPEAL TO THE PEOPLE.

in the state of affairs at camson to hope we shall be able to main Kandilakabin

obtain A telegram from Munich staton that the

in the high standard which has ob CAIRO, March 97th: The announcement that reinforcements ed for so many years past, Bavarian Boviet Republio has imued a

The native leaders appealed to the

wero en route, and of the other military -It-in

-in noogseary to vote upon the thre proclamation to all the Workers' Coun- Egyptians to abstain from outrages, keep preparations, overawed the leaders of the resolutions separately. A majority of sination of the People's Commissary, M. cils, declaring that the antiro labouring in the way of those lawfully serving the were planning a rising on a large scale is necessary to pass them, but your within the law, and not to plase obstacles Pinna, Karelinna and Bolsheviks, who three quarters of the shareholders promit population of Bavaria is solidly united country. They also appealed to notable and is assuming all public power through and influential people that they should signed an agreemtient to conte in Inture mous support,

The Londers of the Flanish Legion have Directors feel confident of year, until the Soviet Councils.

Tho prostranation states that the Proto all in their power for the prevention with the wishes of the General Offer The Onanman then proposed,; de neser ples Commissarien will replace the of anything that might result in injury

Pary resolutiong, former Ministers, adding that everything to the country,

Mr. H. P. White moodided, wer, carried' unanimously. “* This was all the business,

BOVIET GOVERNMENT OVER- THROWN

Losoy, April 6th. Up to the present times, there has been no confirmation in Vienna of the rumours relating to the overthrow of the Soviet Governtsent at Budapest and the asans

Bola Kun.

M. BELA KUN'S MOVEMENTS.

LONDON, April 4th..

A semi-official statement says:

The Bureau at Budapest denies the Deutsche Tages Zeitung's elatenent that M. Bola Kun hne gous to Munich,

Nepublic into Bavaria.

Ho

belongs to the community, All Indepen The appeal was fauded broad-ons by dent socialisation in prohibited.

neroplanes.

Commanding,

(Other Local News wil

on.page e

COMPANY REPORT

·MERCANTILE BANK OF INDIA, LIMITED.

A telegram has been received by... local branch of the Bank from the Lo

shareholdere of the Bank, which was 16 don office advising that at the meeting of feed for the 4th inst., anal divident for the year 1918 of 8 per cent would be doelared (making 14 per cent. For the year); 50,000 would be tranitetrod and they to Reserva Fund, bringing to ******** £700,000; and the sum of $55,700 (ba

...oarried forward