Page
CABLES..
LATEST CABLES.
(THROUGH REUTER'S AGENCY.]
GERMANY'S OBLIGATIONS. BUGGESTION BY BRITISH CHAM-
·BERS OF COMMERCE,'
THE HONGKONG DAILY PERSS, FRIDAY, DECEMBER 8TH
EARLIER CABLES THE STRAITS DISCUSSION, VARIOUS SUGGESTIONS REGARD.
ING CONTROL...
LAUSANNE, December 6th. Ia a speech before the Straits Commis sion, Lord Curzon proposed, firstly an international zone and secondly an international commission for control of the Straits composed of representatives of France-Britain," AItaly, America, Russia, Turkey, Rumania, Bulgaria and Greece, the Turkish repre- sentatives to be permanent president.
Details of the working commission and which they urge the granting of a mora the question of whether the League of Nationis should participate in it will be reserved for further consideration.
The resumed discussion on the Straits lasted about two hours.
LONDON, December 8th. The executive of the Association of British Chambers of Commerce have sub- mitted a resolution" to the Premier, in
torium;
international AD
loan to reasonable Germany; the fixation of indemnity; international control of the German customs, in order to supervise the imposition of an import and export tax. to pay interest and amortisation of the loan; and the earliest withdrawal of the military occupation.
CONFERENCE OF ALLIED
PREMIERS.
AGREEMENT TO BE REACHED PRIOR TO BRUSSELS CONFERENCE
LONDON, December th Premier Mussolini, (Italy) will arrive at Paris on Friday, in order to converse with Premier Poincare prior to proceed ing to London to attend the conference of Allied Premiers at the week-end, at which a common agreement must be resobed before the Brussels Conference can be called
In any case, the Brussels Conference is not likely to open before the British Parliament rises on December 15th, in order to enable Mr. Bean Law to attend,
COMPANY
PROMOTERS
ARRESTED.
FAR EASTERN COMPANIES MAY BE INVOLVED.
LONDON, December 8th. Edwin Alexander Enever, Director of
a number of companies, who is believed to have promoted some companies connect ed with the Far East, and William Henry Bennett were charged at Westminator Police Court, with conspiracy to defraud. Bonnett was remanded on bail of £1,000 Enover refused bail."
The Magistrate remarked that large
sums appeared to be involved.
ANGLO-AMERICAN DEBT FUNDING NEGOTIATIONS.
SIMILARITY OF INTERESTS SUCGESTED.
Lord Curzon, Chicherin. Ismet Pasha and Mr. Child wooke, after which the oqmimission adjourned until Friday,
ALLIED PROPOSALS,
LAUSANNE, December 8th. Lord Curzon in his speech before the Straits Commission said M. Chicheria was claiming to make the Black Sea a Russian lake with Turkey the faithful guardian of the Straits.
The Allied proposals comprised com- plete freedom for merchantmen in peace or war, when Turkey was neutral," "and complete freedom for neutrals when Turkey was belligerent, with Turkey having the right of search."
Warships should have a free passage through the Straits in peace time, with their reservations regarding
certain number and tonnage,
There would be the same freedom of passage, with some restrictions, in wartime, when Turkey was neutral.
When Turkey was belligerent there would be complets freedom of the Straits for neutral warships under this same limitations, and also be certain restric- tions as to the length of time the ships might, stay in the Bosphorus or Black Sen.
".
FOLICY OF AMERICA.` Mr. "Child, on behalf of the United States, said the american policy, stood for complete freedom without privilege for mercantile, frame, such treedom to extend to neutral ships both in wartime and no time.
Nothing should be done which would prevent the Black Sea countries being accessible to the commeres of the world, and neutral commerce-must be uninter- rupted in wartime
The United States desired fiye access to every free body of water in the world,
bo мак
4]
satisfied ualess | Ameriqut warships were enabled
citizens or ships might go. pursue peaceful errands wherever their
RUSSIA'S REAPPEARANCE AS A NAVAL POWER..
"
BRITAIN'S NAVAL STRENGTH. ONE POWER STANDARD MUST BE
MAINTAINED.
LONDON, December 8th.
U.S. SHIP SUBSIDY BILL.
- PANAMA - CANAL QUESTION.
WSHINGTON, December 8th,
THE BANK OF TAIWAN,
PRESIDENT'S WADDRESS.
The President of the Bank of Taiwan It is believed the whole question of free Ltd, in his address at the forty-sixth tolls for costing ships traversing the general mosting of the sharabolders, Panama Canal will be re-opened as a saidi result of Mr. Borah's introduction of a proposed amendment to the Ship Subsidy |
The question of British naval strength as affected by the Washington Treaty was raised in a discussion in the House of Lords, where Lord. Linlithgow stated that definito announcements as, regards Bill. the laying down of two capitul. ships,
If the Bill be passed at nit, the sup already authorised by Parliament, would porters of the free tells movement aro be made before the end of the Parlia-determined that a free to invest a time of general depression with in
mentary session."
be included,
Lord Lee, who recalled that, as one of the signatories to the Treaty, he was most strap on the nice, the whole you do, la de stress on the fact that the laying down of how ships brooked no delay, as the posi tion was affected by the dates specified in the Treaty, and a postponement of build. ing would accuse foreign suspicion...
. He insisted on the necessity for main- taining a one-power standard.
The Marquess of Salisbury said he re- cognised the necessity for an immediate decision, as under the Treaty building must begin, if at all, in the course of the current year, and promised an announce. ment as early as possible.
Lord Lee expressed satisfaction with the reply,»
INTERESTING COMPARISONS,
LONDON, December 8th In the House of Commons, replying to a question, Mr. Amery stated that if the Washington Treaty be ratified the United States will have twenty capital ships of fighting value, Japan ten and Britain 22. If it be not ratified the respective figares will be forty-one, twenty-three and twenty-thro
An economic survey of Japan for the first half of the year, ending June 30th, makes it apparent that the period was
activity of trade. The high prices re The Senate Commerce Committee has mained firm during the six months, taken steps to rush the Bill through, but Commodities from foreign marketa con faced with what is described as an iron: tinued to flow into the country. Indeed, clad libuster.
the excess of imports over exports reach ed the,, extraordinary sum of 365,000,000 The total amount of our foreign trade for the half year was 1,838,000,000 yen, exclusive of Formosa and Korea, The House of Commons has passed the second reading of the Trade Facilities marking an increase over the correspond Bill in accordance with the previous reing period of past year of 467,000,000 yen. solution, after Mr. MacDonald had ex-The increase is to be secounted for, in Priced hourites approval, but great part, by the large importation of criticised the Allies' past policy towards Austria.
TRADE FACILITIES BILL." AN ADVOCATE "FOR AUSTRIA.
Loxnos, December 6th.
Ha pleaded for fair, generous treat ment for her.
IRISH FREE STATE PROCLAMATION.
HISTORIC EVENT..
LONDON, December 8th, There was a historic Privy Council at Buckingham Palace this morning, when
yen.
foreign goods which" was the direct result of the high prices ruling in our home markets, though the increase has its ex planation in part in the activity of the raw silk exports, the total amount of this last being 110,000,000 ye
;
THE ARREST OF THE FINANCE MINISTER."
A Peking paper gives the following in teresting account of what followed upon the arrest of the Finance Minister in the lato Cabinet by an order of the President. giren on the solicitation of the Speaker of the Hound of Representatives :-
Based upon the official investigations of the court and the statements given by the. Italian and British Legations and the Italian, representatives of the Austrian syndicate, Chief Judge Hsiung Yuan-chi declarou yesterday the Minister Lo. Won- kan was innocent and the alleged recsipt of bribes was groundless Judge Hsiung submitted a detailed report to the Pres dent's Office by telephone and General Li Yuan-bung (the President) then asked Messra, Wang Tah-haich and Sun Pao-chi to visit Minister Lo in the detention Prison and entreat him to leave the court, General Li Yuan-hung sent his own car, licensed car No. 1 of the President's Office, to welcome the Minister, with Hwang Kai-wen, Grand Master of Ceremonies, as his personal representative. In addition, Premier Wang Chung-hui, Ministers Kao a-hung and Sun Tan-lin represented the Cabinet Messrs. Wang Tab-bsich, Sun Pao-chi and Yin Chang, Chief of General Li's aides-de-camp, represented the politi cal circle. All went to the Procuratorate in association with General Hsien-fan, Commander of the Patrols" and. Generzi, Haueh Chih-hang, Superintendent of Pelice on behalf of the military circle.
The total foreign trade of Formosa (Taiwan) for the half year fell below the At first Minister. Lo refused to learn the trade for the corresponding period of court before his eneo was formally tried, last year. The amount of decrease was but finally he yielded to the entreaty and 4,843,000 yen. The decrease was in the persuasion of the representatives who pro- If the Treaty be ratified, the United, the King signed proclamations giv. imports and not in the exports of the mised that he could go on with his mad ing effect to the Irish Free State, and Island. The total amount of export even if he left the court. At 6.30 Minister States will hava three post-Jutland
Lo motored to the President's Office in capital ships completed and two building appointing Mr. Healy the first Governor trade, for example, was 106,5,000 yen,
General...
showing an increase of 1,883,000 yen, the President's car and he was courteously Japan two completed, and Britain one.
while the import trade totalled 65,413,000 welcomed by General Li standing outside Capetown, Documber 6th. namely the Hood, which, however, only
yon which marked a decrease of 6,731,000 of the Chu Jen Tang. Apologetic expres partially embodied the lessons of Jutland.
General Smuts has sent a message conyen, compared with the correspondent sions were more than once uttered by the If the Treaty be net ratified, the United gratulating Mr. Cosgrave on the great period of lost year.
As regards the staple products of refused to go home General Li gon- poor Gozeral, but even then Minister Lo States will have three post-Jutland ships historic ovent in Ireland's history, completed and 13 building, excluding two
Formosa, the total production of raw gratulated him because by his illegal | battle-cruisers now being converted into
sugar, for the season 1921-2, aggregated aircraft carriers; Japan will have two
5,917,000 piculs, an increase of 1,708,000 arrest his fame has considerably enhanced. completed and four building and four FAR
CABLE picals over the preceding season. Of Realizing that Minister Lo refused to projected; and Britain one completed,
this total product, 5,367,000 pícals were go home, General Li asked him to stay exported during the half year. namely, the Hood.
While temporarily in Chu Jen Tang, but ho these figures show an increase in the ex- declined the honour and stayed at the port of raw sugar, amounting to 1,473,000 Office of the Ceremonial Department. picuis, over the corresponding period of However, he is still waiting for the settle- last year, yet, owing to the downwardment of his case by the court through legal trend of the market in sugar, there was procedure.
If the terms agreed on at Washington be carried out he trusted we would main. tain at any rate the one power standard.
U.S. IMMIGRATION.
RESTRICTION.
ALIENS TO BE. EXAMINED BEFORE EMBARKING.
problem.
WASHINGTON, December 8th It is expected that President Harding' forthcoming message to Congress will deal inter alia with immigration, Losnos, December 6th. The Cabinet has already discussed the reports that the Frenen decision to ratify. The Times correspondeat G Paris
It is stated by the White House that the Washington Treaty is not likely to no decision has been reached, but officials be hastened by the admission of the believe Mr. Harding will propose the con- Russian delegates to the discussions on tinuation of the present restriction law, the freedom of the Straits at Lausanne. with amendments designed to raise the
It is pointed out there that the re-general standard of immigrants. appearance of Russia at Lassan20 25 2
Labour is preparing a plan for the It is understood that the Secretary of examination of aliens at the ports of
navil power presents unforeseen difficul- ties. There is nothing in the Washington Treaty to limit the navel armaments of Russia. If, therefore, the question of the Straits be decided contrary to Russian daires' and Russia consequently dotor- mines to increase her naval strength, she will be free to do so, and it is suggested, that this may be seized upon by the other" Powers as a protest for breaches of the Washington agreement...
WASHINGTON, December 8th. The similarity of interest between Great Britain and the United States, in debt funding negotiations, is suggested in the "testimony of Mr. Wadsworth (Assistant Secretary to the U.S. Treasury and alsd Becretary to the Debt Funding Commis- the Treaty. sion) before the recent socrot session of the House of Representatives Appropriations reservations Committee.
It is contended that, a new situation has, therefore, arisen which must care. fully be considered before France, ratifies
The Tempx, for example, suggests that aither the Treaty should be ratified with the signatory enabling Powers to modify their programmes in accordance with the new situation creat ed by the reappearance of Russia as a naval power, or the Washington Treaty should be renounced and an effort made to negotiate a wider, tresty including
In his evidence, which has just been published in connection with the report op the annual Treasury Supply Bill, Mr. Wadsworth indicated the advisability of Betting first with Great Britain, suggest ing that when this is completed both HOSTILITIES. IN BULGARIA. Governments will have the same interests, as creditor pations
Rusais
SOPIA, December 8th.
A detachment commanded by the War Minister has reoccupied the town of
INTERNATIONAL COMMISSION Kustendil, without resistance.
ON BULES OF WARFARE,
DUTCH REPRESENTATIVES
APPOINTED.
THE HAGUE, December 6th, M. Etruycken, Councillor of Stato, and Professor ván Eysigu have been ap. pointed to represent The Netherlands at the International Commission of Juris
ANTHRAX CONTROL. DISINFECTION SCHEME
SUGGESTED,
LONDON, December 6th. The International Anthrax Commission has passed a resolution, including the agenda for the next conference and the International Labour Office draft conven- tion, requiring the hairs and wools used
textile industry to be disinfected before being handled industrially, except where the country of origin is included in the schedale of countrica where the danger is slight or the material is effectively disinfected before shipment.
embarkation,
*
AN AMPHIBIOUS TANK.
DEMONSTRATION IN AMERICA.
MA
NEW YORK, December 6th. Successful demonstration with amphibious tank havo been carried out.
It attained a speed of thirty miles an hour on the level with rubber-tyred wheela; climbed a gradient of one in two and a half, with caterpillar wheels; and crossed the Hudson River with propellers attached to the rear.
It carries a three-inch gun, and a day's supply of ammunition
Representatives of the War and Navy Departments witnessed the tests,
SOUTH AFRICAN REBELS. EIGHT MEN SENTENCED TO DEATH.
-JOHANNESBURO, December 6th. Eight men found guilty of murder in connection with the attacks daring the Band rebellion on the Brakpan minë, have been sentenced to death.
It was alleged that the defenders of
the mine were done to death after they
| had encrendered,
There was a scene in court before the sentence. The accused vigorously denied their guilt, some being in tears.
One who had turned King's evidenco and tried to address the court, was taken out amid exclamations by the accused of Hoar what the guilty man has to say."
EASTERN
NEWS.
40
à docline in value amounting to 3,213,000
(THROUGH" REUTER'S AGENCY.]
SHANTUNG AGREEMENT.
FULL TEXT PUBLISHED.
PEKING, December. 7th.
The continuance of favourable weathor
The domcatio strife in China continued The full text of the Shantung agree-has led to a forecast of the rice crop at mant, signed yesterday evening, was 2,628,000 koku (1 koku 4.06 bushels), as unabated during the period and both the published this afternoon. It consists of the first estimate. This figure exceeds Peking and Canton Governments were eighteen articles, the principal points of that of the average crop for the past five in extreme. financial difficulties. The which are:-Japan agrees to transfer the year by 196,000 koku. The export of long drawn out Tsingtan controversy Shantung railway on January 1st, 1923, rico during the half year amounted to having reached a satisfactory settlement, completing the transfer of railway pro- 200,000 koku or in value to 4,575,000 yen. the anti-Japanese feelings of the Chinese pertios within a month from that date. In contrast to the depression of trade people yielded to a friendlier attitude of China, agrees to pay 40,000,000 gold yon, in Formosan Ton last year, there has mind. The change had a very beneficial as the value of the railway properties, been a strong demand in foreign markets effect upon trade. The favourable turn notes of the railway, bearing interest at quality of this product accounts for the in the business done by the branches of in treasury notes which will be styled for this staple. The improvement in the in popular feeling in China and reflected six par esat, and secured by the revenues revival in the trade. of the railway. The railway revenues in 1 had 1/3 pounds) were exported, year, the total amount of trade between 4,193,000 kin (1 our bank in China. During the half shall not be used as security for other mounting in value to 2,836,000 yen. our country and China was 248,000,000 internal foreign loans, but this does not There was also a marked, renewal yen an increase over the coresponding for the purpose of redeeming these notes and camphor oils. The factors giving J frevent China raising an internal loan of activity in the exportation of camphor period the previous year of 20,000,000 if it is done by agreement with Japan. If rise to the apward movement in the
The expert trade from Japan to India, the railway revenue is insufficient to pay camphor trade worn first the clearing off for the half year under review, amounted interest on the notes China agrees, to of sccumulated stocks of this staple into 41,000,000 yen and the import trade raise the interest from other sources. America and secondly, the lower level to from India to 147,000 yen. Compared The treasury notes are freed from all which the prices of this commodity foll with the figures of the corresponding taxation. Japan may transfer the whole on the market. Camphor exports for the period last year, a decrease is found in or part of the treasury notes if it suits half year amounted to 1,503,000 kin (1zporte of 7,000,000 you and an increase har convenience:
kin-1 and 1/3 pounds) or to 2,876,000 in the imports of 28,000,000 yen. Importa yea. Camphor oil exported during tha" from the South Sea Islands reached a half year amounted to 1,000,000 kin in total of 79,000,000 yen and the exports to quantity and 929,000 yen in value; en in-those Islands amounted to 17,000,000 yen.. arusse of 1,401,000 yen over the figures for There was an increase in imports of 250,000,000 yn over the figures of the the corresponding period of last year.
Business enterprise in Formos was there was a decrease of 4,500,000 yen in previous "corresponding half year, while affected by the prevailing dulness.
New the exports.
The explanation of the undertakings were few. While 58 com-latter higure, showing a decrease, is in panies were newly organized, representing the circumstance that during the World capital shares, mounting to 30,207,000 Waz, Japanese products found a ready yen, yet tho nime should be taken into sale in those markets, as the only sub- consideration the promoters of these new companies had in view. In some cases the stitutes for European and American pro object sought was readjustment, in other South Sea Islands was temporarily s
ducte the importation of which, into the cases the end in view was to obtain capital, while in some instances the ponded. With the return of peace, our organizatition "effected
goods have been largely replaced by was simply "A transformation of individual enterprise European merchandise. Only matches, into joint stock companies in order to Blass and earthern wares and cotton evade the higher rate of the new tax on goods of low grades hold their own, the
sale of which continues individual incomes.
During such a period, our bank spared General depression dominates the busino effort looking to the encouragement. ness situation in the Island. The market of the production of staple goods in the for sugar and rise, the two most import Island of Formoser ant prodnete of Formosa, continues dull.
PROPOSED MUSEUM FOR SHANGHAL
NATURALIST'S PROPOSALS REJECTED,
SHANGHAI, December 7th. The Municipal Council has rejected the proposal of the well-known naturalist, Mr. Arthur Sowerby, for municipal aid to purchase the French Club for muiseura.
ANOTHER BANK OFFICIAL. ARRESTED.
EX-CO-MANAGER OF FAR EASTERN BANK
SHANGHAI, December 7th Viscount Divilla, ex-co-manager of the Far Eastern Bank, has been arrested on a civit action by the bank's liquidators to retover 8,500,000 lire alleged to be due for sharca
1
AT THE CORONET.
THE FORTUNE TILLER.'
consults, who, are to revise the rules of in brush-making and upholstering in the MORE HIGH TREASON TRIAL difficulty is pourtrayed with distinct and conditions as described, to make concessible, the inflow into the country of pure.
warfare at The Hague, on December 11th, The Communist deputy, Wynkoop, in the Second Chamber, asked to be allow ed to interpellate the Government on its attitude towards the Congresses of Peace, to be held under the auspices of the Inter national Federation of Workers at The Hague, next week. The request was re- jected by 80 votes to 19.
ATTACK ON GERMAN EX- CHANCELLOR. TWO YOUTHS HEAVILY SEN- TENGED.
BERLIN, December 6th." Two youths named Hustert and Oslech
lacger, have been sentenced at Leipzig to
The purchasing power of the people, continuation of the work of the generally has been seriously diminished, previous half year, we rendered assist. Business continues to be carried on,ance to a number of industrial concerns under such circumstances, in the face of in their readjustment. Nor did we neg- many difficulties. It is most gratifying lock measures facilitating trade activities on the other hand that readjustment, both with the South Sea Islands and with in business and industry, is proceeding South China. Our branches in the home very favourably in many lines.
laud rendered special service to the ex- An emotional role of extraordinary
Our endeavour has been, in view of the port trade, by encouraging its normal activities and by checking, as far as pos Rotable success by Marjorie Rambenu in sions wherever the need was most urgent, huxuries. Our Lonation and New York The Fortune Teller, the splendid Hond at the same time, to exercise offices, in co-operatim with the great. bertson-Cale production which is being sufficient degree of leniency in the collec banks and bankers in those respective shows at the Coronet for the first time ton of loans keeping in mind all the centres, made successful use of cheap to-day Browning whose husband divorces her on
while the general welfare of business and j Miss Rambeau has the part of Bene industry. The highest note fasuo as any markets, to the advantage of Japancad funds available in those world. money false grounds and deprives her of the 40,963,000 yen, and the average note issue The general depression in the spring small son to whom she is passionately was 37,015,000 yen. There was an ever-of 1990, from which there was suffering one time during the half year › was
trade, Judgment has not yet been announced, devoted. Possessing marvellous psychicago of 117,000 yon increase over the Simultaneously, trials are proceeding of gifts abe inkes up fortune-telling as average issue during the corresponding
throughout the world, affected seriously numerous Cabinet Ministers accused of brook, said they did not desire to impos responsibility for other war dimeters, comes a young man whom she discovers to by the bank on stapla products for the liquidation of their outstanding obliga
including the Balkan war of 1912
profession and to "Madame Bence period of last year. The advances made some of our customers. The speedy bo her con. A more wreck, physically and half year, 188,918,000 yon in amount therefore, we have written off, at the end. tions to us became difficult. Since 1920, spiritually, of her former self, she pulls were 69,413,000 yen less than the figures of osch term, all doubtful loans, herself together when she discovers that for the corresponding period last year total loans thus written off amounted to Browning senior ha spoiled whatever The figures shown great contraction chances of auccess in life the young man of credit in the half year just past from the profits of this term was 8,751,229.94 ya The amount written off might have had, and she inspires her non
Sir Charles Oliver, representing Aus tralia, suggested that the wool. might be disinfected at a Liverpool station on behalf of the countries which were not prepared to breet their own stations.
The Chairman, Sir Willie Middle" ||
compalsion to send the goods to Britain, but thought he could assure the meet ink that there would not be differentiation in the charges to mation?
any
Ond
WORK FOR BRITAIN'S UNEMPLOYED,
LONDON, December 8th.
A supplementary estimate of £1,070,000
for relief of unemployment has been
RISKS CABINET MINISTERS RUN
SOFIA, December ath After a session of fourteen months, the High Court has concluded the high trea- son trial of members of the Badkalavot Cabinet, which was functioning on the outbreak of the war.
BRITISH AEROPLANE
DISASTER..
U
MILITARY PLANES CULLIDE.
NEWPORT News, December 8th.
The
without letting her identity become As regards hypotheo loans, we had to 1,783,671.00 yen. The doubtful loans, known. Leaving her demoralizing aso regret the necessity we were under of aggregating altogether 10,620,000 yen, Major Gearbart, Captain Doyle and ciations behind her, who levers her son in declining many of these loana, owing to have all been cleared off. It it with satis- four privates were killed in an aeroplane society and business until finally he be the absence of any real improvement faction, therefore, that we are able to comes a successful candidate for political in financial conditions among farmers announce that the position of this bunks collision at Langley Field
lionours and the faanes of the Governor's Nevertheless, at the end of the torm has bean further strengthened, and that, vitriol at ex-Chancellor Scheidemann, at cost of Ishour on the land, improvement jumped out and were killed, and the energy and courage he needed she hypothee loans stood st 19,059,957 yen prepared to declare the usual annual Issued, and is mostly required to mest the Both machines crushed. Two privates daughter By instilling Into him the waderonow, the total amount of after making a suficient reservo, we gro Camel, Inat Whitsunday.
of drainage, and loans to local authorities. I others were incinerated in the wreckage achieved her own salvation
ten years penal servitude for throwing
(Oontinted at foot of next columes.)
dividend of ten per cent
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