1926-03-26 — Page 7

CABLE AND

NEWS.

WIRELESS

[BRITISH WIRELESS SELVICE] INTER-ALLIED DEBTS.

BRITISH POLICY EXPLAINED TO

COMMONS.

Ruony, March 24th.

A debate took place in the House of Commons to-day on the subject of inter-

Allied debta.

It was opened by Mr. Philip Snowden, who was Chancellor of the Exchequer in the late Labour Government. Mr. Snow den pointed out that Britain was owed £300,000,000 by Russia, £700,000,000 by France, £500,000,000 by Italy, and about £100,000,000, by smaller European States

Britain was paying to the United States about £34,000,000 a year rising ultimately `to £38,000,000 under the funding arrange- ment made with that country. The debt to the United States would be liquidated

WHAT HAS BEEN DONE.

THE HONGKONG DAILY PRESS, FRIDAY, MARCH 26TH, 1926

As to what had been done towards collecting debts owed to us. Mr. Chur- chill said though Russia had repudiated here it might not be the last word that we should hear from Rassis Things

wore changing there and the importance of the world's credits to that vast com munity was dawning upon Russia's rulers We did not abrogata any of our claims and is at any time the initiative in raising the question came from Russia we should not treat Russia with less con- sideration than we had treated the other debtors. In regard to the debt of Italy; her capacity to pay had been considered by our experts to be about one third of the capacity to pay of France, and she had agreed to pay 24,000,000 for 69 years. This country attached the utmost import- ance to the fact that that was on the sole.

credit of Italy herself and not contingent

{THROUGH REUTER'S AGENCY.] BRITAIN AND OPIUM:

THE ONLY COUNTRY TO RATIFY AGREEMENT,

London, March with.

FAR EASTERN CABLE

NEWS

(THROUGH BEUTER'S AGENTOT:] THE NORTHERN WAR,

PEKING March 24th

Telephonic communication with Tientsin has been interrupted since yesterday.

A mandate appoints Hu Wei Teh as Foreign Minister vice Dr. W. W. Yen whose resignation is accepted.

In the House of Commons, replying to Viscount Sandon, Sir Austan Chamber lain said that the British ratification of the Opium Agreement and Convention | CHINA'S NEW FOREIGN MINISTER.

PEEING, March 4th signed at Geneva was deposited with the League of Nations on February 17th As far as the Government was aware no foreign, Power had yet ratified the Agree ment or Convention. He pointed out that the Convention did not come into force until it was ratified by tan Powers and the Agreement was not "enforced till the League had received the ratifications of two Powerz

THE COAL INDUSTRY. GOVERNMENT ABSISTANCE IN. WORST DISTRICTS.

Lostros, March 24th.

At a conference between Mr. Stanley Baldwin and representatives of the coal-

NISHIHARA LOANS,

MARKET.

SUPREME COURT.

ALLEGED BREACH OF CONTRACT.

Before Sir Henry Gollan, Chief Justice, yesterday, Tai Tong Lim of 60, Caine. Road, claimed damages from Ng Yiu Hing, of the Chau Lung firm, for alleged breach of contract in the building of 91, Shanghai Street, Faumati..

LOOKING FOR A JOB. CAFT. WOON'S CLAIM AGAINST.

CHAN LIM PAK ALLEGED CONTRACT FOR POST IN CANTON. Before Mr. Justics Wood in the Sum mary Court yesterday, Capt. H. V. Woon, raiding at the Carlton Hotel, claimed $1,000 damages from Mr. Chan Lim. Pak of No. 15, Peak Band, for plaintiff, and the defendant appeared in alleged breach of contract,

Mr. Somerset Fitzray (instructed by Messrs. Lee and Russ) appeared for the

Plaintiff stated in" evidence that he'

person, but in the custody of a wardar. The full claim was for $1,000 bat He was a prisoner owing to the non plaintiff waived $1,000 in order to bringayment of a judgment debt. the action-within the jurisdiction of the A STATE LOAN TO HELP MONEY Summary Court. He alleged that he had been engaged by defendant on August 18th, 1995, for the purpose of re-organise Tokyo, March' taub,

ing the police force in Canton, and that The Nichi Nichi reports that sa theefendant had dismissed him without Nishihara Loan Bill has passed the Diet, notice, and owed him several months the Government intends to issue a State salary. The stipulated salary per month Loah on April 1st, aggregating to 84,000,000 yen for delivery to the Banks concerned.

The paper hopes, therefore, the entry

contracted for the building of the house on March 2nd, 1993, and it was to have been, completed on May 17th. The price was fixed at 87,950, and 86,800 had been paid, but the house had not been com pleted. The house would have been rented out at 3500 a month, and he therefore claimed 810 a day from the Mr. B. G. Sheldon (instructed by Mr.defendant from the time the work ceased Leo d'Almada) was for plaintiff and on the building."

Was

Mr. E. S. C. Brooks (Messrs. Hastings,

On being asked by His Lordship as to

only in 02 years. If the debts of the on the reparations Italy received from owners and miners, Mr. Baldwin declines of this capital into the public market will Dennys & Bowley) represented defend whether he desired to take part in the

Germany. He emphasised that no poli. tical consideration of sny kind entered into the fixing of that suit, except the general political consideration of the

that the Government would accept the Coal Commission's Report and legislate thereon if the owners and miners would accept the report. Mr. Baldwin em-

European States to Great Britain were funded on the same terms as the British debt to America, Great Britain would get £84,000,000 a year from the European States. But, under the Ballour Note long friendship of Italy and Britain Iphasised that the subaidy must be ended

but for £38,000,000 under the German re-

on April 30th, but if the owners and

help to ease the present tightened money market slightly.

DANCING IN JAPAN. HALLS TO BE CLOSED BY POLICE TOKYO, March 24th... The Anti-Dance Bill was not enacted

ant

A VERBAL AGREEMENT. Mr. Sheldon said that the claim was for salary under a verbal agreement for employment. In April, 1996, the plain. tiff was farming in Natal, South Africa. when he heard of the trouble between

proceedings defendant replied in the affirmative. He stated that he had not set up, a defence when he was informed: that proceedings were being taken be cause he had no money to pay a solicitor. He agreed that he had signed a contract for the completion of the work, and that

Britain was not asking for £84,000,000 The main principle on which the agreeminers reached an agreement by May 1st owing to pressure of business in the Diat Hongkong and Canton. As he had had he had received part payment ... parations and from Italy, France and ment was reached with M. Caillaux last the Government would consider tempor- which is attempting to adjourn to-morrow. 4 great deal of experience of military

other Continental debtors-sufficient only to pay the annual tribute which Britain has to pay to the United States. Under the Italian agreement, Britain received £4,000,000 a year and if the provisional agreement with France were carried out she would receive £12,500,000 yearly from that country. With £10,000,000 a year from German Reparations, Britain's to

MATTEOTTI MURDER. FASCIST JUSTICE IN ITALY.

August was the discharge by France of ary assistance in the worst, districts. her liabilities by paying annuities of £12,500,000 on her sole credit. That was the basis of the agreement, but there were three points, one of, which then presented and still presented difficulties which were outstanding The first point related to rate of exchange-that certain elasticity would be given in making payments. A certain clasticity was allowed for in the

CHIETIS (Italy), March 24th. The trial of the five men charged with the murder of the Socialist Deputy, Signor Matteotti, resulted in three, named Dumini, Volpi and Poveromo, being sen tenced to six years each and niso de-

but the Police have stated they are probably closing all the dance halls and restricting foreign dancing in all public places.

JAPANESE AIR-SMASH. AEROPLANES COLLIDE WHILST AT EXERCISES..

Toxyo, March 24th, A report from the Tanchiura Naval

and police work, he left South Africa and arrived in Hongkong on July 22nd. He then heard of the Merchante Volunteer Corps in Canton, which had been organir ed and commanded by defendant. Plain tiff met the defendant and asked him for employment, and a salary of $300 per month was agreed upon.

PLAINTIFF'S POST.

Plaintiff was to stay in the Colony

נד

His Lordship reserved judgment.

A LOT OF HEDALS.

That job was training soldiers?—Yes; nothing was said about the Police Force He said he was a military officer and bad nothing to do with the police.

Why do you say, he was a military offieer 7-Because ho had trained soldiers, and he had a lot of

Medals. Witness denied that Capt. Woon had when he visited him. The Captain, however, had shown him the medala Replying to another ques- tion witnees said that he had a second

tal yearly receipts would be £20,500,000 | agreement with Italy, but in the case of barred for life from bolding any public Flying Ground states that two bombing until he could get to Caaton. In Canton brought his paper

So that, when we were paying £38,000,000 millions to the United States we should he £11,500,000 to the bad.

UNFAIX TO BRITAIN..

France they had not ser arrived at any precise form of words. The second out standing point was that the full figure of £12,500,000 was not to be reached until

ouce. They were ordered to pay the costs of the prosecution. Two others, named Malaria and Viola were acquitted. The three mer sentenced will benefit by

machines collided in mid-air this morning whilst exercising.

A subaltern and a Petty Officer were killed and a sailar seriously hurt, whilst

he was to re-organist the police force and act as instructor.. Defendant further

Referring to the arguments that Great the year 1930. It was to be reached by the remission of one, quarter of the length another escaped uninjured, though both three cheques, and, later, made a trip to

not

Britain was a rich country while her

series of steps along which payments ware debtors were poor," Mr. Snowden pointed

to advance until they had reached "the out that during the time when this

full figure. The British representatives country was suffering from unparalleled trade depression, France was enjoying a had their view of what these payments period of unparalleled prosperity. She should be, and they put their views be had no unemployed like this country and fore the French Minister. M. Caillaux had spent enormous sums in industrial neither accepted nor rejected it, but he reconstruction. Yet Britain was paying (Mr. Churchill) was left under the im- in taxation afty per cent, more than pression that if everything else was France and she was paying 100 per cent.atisfactorily adjusted there was more than Italy. In this way, the British likely to be any serious dificulty about tax-payer was subsidising the severe com- that. There was a final point of differ- petition of France and Italy with British ence and it was the one which presented goods. If the time came when France the most serious difficulty. The British resumed negotiations with us in regard to the settlement of her debt be hoped representatives had assented to so low the Chancellor of the Exchequer would a figure as £12,500,000 as basie the figure not be "bound altogether by the terms of the annuity on the understanding that previously made, but would ask for a it should be on the sole credit of France revision of those terms which would do and not contingent on reparations. less injustice to this country. He There was a certain alternative proce described the settlement with Italy -as dure by which a small portion" should

trivial in the extreme."

be contingent on the Dawes annuities and the rest on the credit of France, but Mr. Winston Churchill, replying, said the French Minister held. most strongly this country had never taken the view to the view that in the event of the that the cost of the shot and shell fired total failure of German reparations, in a common cause could be considered France could not be expected to continué, morally and sentimentally as on exactly those payment. That seemed to take the

same footing as ordinary commercial away with one hand what had been given Wo were willing to obliterate by the other, and it remains a very altogether all debta owing by our Allies definite obstacle to the conclusion of this provided we were treated in a similar agreement." While these difficulties with manner. That view did not commend France might be serious he believed they self to the United States and we were would not prevent a speedy and satis- forced, therefore, to adopt a different factory arrangement. We had also made position from that which our own in certain settlements, with minor Powers,

particularly Humanis stincts and historical traditions had naturally suggested, and the Ballour Note was drawn up. We adhered to itWe expected to obtain £12,500,000 from

debts.

BALFOUR HOTZ PRINCIPLES.

KRITAIN'S LOPES.

of their sentences.

'Rome, March 25th.-

In addition to the four years remitted by the Amnesty a further reduction is made in respect of the period awaiting trial, hence those convicted in connection with the Matteotti trial will be released within three years."

at

THE LINCOLN.

5

100 TO CHANCE WINS IN FIELD OF 26..

LONDON, March 24th. The Lincolnshire Handicap, run to-day

Lincoln, resulted as follows:

King of Clubs

planes were wrecked,

This is the sixth fatal Naval-Military

air accident since the New Year.

(THROUGH REUTER'S AGENCY.]

- EX-RULERS' PROPERTY... WILL IT BE CONFISCATED OR

NOT

BERLIN, March 24th

promised to introduce him to General Chan Kwing Ming, Plaintiff received

Canton. Since then he had failed to see defendant, and when he wrote him & letter defendant denied having, had any with the matter. thing to do

CAPT. WOON'S EVIDENCE.

Capt. Woon gave evidence corroborat ing his Counsel's opening statement Ho said he received his commission in 1881 and had held important posts in Borneo, where he had been a magistrate, acting an in- superintendent of prisons, and specting Officer of Constabulary. He had received $700 in wages, paid to him by a friend of defendant's

According to provisional oficial figures 12 million people have signed a demand for & plebiscite as to whether the property of the German ex-rulers should be con Replying to Mr. Brooks, he denied that iscated without compensation. Fifty per he had asked defendant för employment cent of the total electorate; or about 20,000,000 must vote for the plebiscite but Twenty-six ran. Wen by a bead, three.it is doubtful whether this figure will be Consequently, the ex-Kaiser third. quarters of a length between second and reached.

and his colleagues have no need to be particularly alarmed.

Zionist

Vesington Star

2 3

The starting price betting was: King of Chubs, 100 to 1; Zionist, 9 to 2; Yesing- ton Star; 95 to 1.

FOOTBALL AT HOME. RESULTS OF WEDNESDAY'S LEAGUE MATCHES.

LONDON, March 24th.. The following are the results of matches played in the English League:

BECOND DIVISION.. 'South Shields,' 1; Clapton Orient,

THIRD DIVISION (SOUTH).. Reading ; Aberdare, 1: Bristol Rovers, 3; Crystal Palace,

› SCOTTISH¦ LEAGUE. Celtic, 4; St. Johnstone, 1.

UNIVERSITY GOLF.

LONDON, March 24th. Playing at Barnham, Somerset, in the inter-Varsity golf match, Cambridge best Oxford by nine matches to six.

{REUTER'S AMERICAN SHEVICK]

AMERICAN GOLF

WALTER HAGEN WINS WEST COAST TOURNAMENT.

TRAGEDY AT SEA. MANY DEATHS IN SHIP EXPLOSION OFF BRAZIL.

MANão (Brazil), March 24th. One hundred and four fatalities are reported in connection with the loss of the Brazilian steamer Paes de Carvalho which was destroyed by fire and sunk dear Coury.

'[EXUTEN'S AMERICAN- SERVICZ]

EXPLOSION THE CAUSE OF LOSS..

RIO DE JANEIRO, March 24th The latest report says that no ex- plosion caused the loss of the steamar Pats de Carvalho. Eighty passengers," the Captain and two oficers perished and 78 passengers and seven of the crew were rescued.

AMERICAN STOCKS."

NEW YORK MARKET SHOWS A SLUMP

as a "tailitary officer.

DEPENDANT'S EVIDENCE. Mr. Chan Lim Pak, the defendant in the case, denied that he had ever pro mised to find the plaintiff employment in the Police Force in Canton. He had never actually engaged him for any work.

Cross-examined by Mr. Sheldon, he said that he was formerly head of the Canton Merchants Volunteer Corps under General Chan Kwing Ming. In Angust, 1925, be intended to go back to Canton because he had business interesta there

Mr Sheldon: What business interests had you there I have a silk goods business, and also mining interests.

ANTI-CAPITALIST TELLING:

If you were anxious to go back to Canton, why didn't you go? There was unrest there, and it wasn't safe.

::

How did you know in would be unenfo to return to Canton 1-Well, you know that these people have bad feeling against capitalists.

So you feared to go back because of that bad feeling 1-Yea

Did you take any active part in the politica of Caston 1 No, neror

conversation with Capt. Woon at the ond of the summer.

What was the conversation then 7-On that occasion he asked me to introduce him to another Chinese gentleman. 1 had no intention of employing him at this time. He told me that he could get 300 English soldiers to assist Chan Kwing Ming. I asked him if he had permission of his own Government, and I decided then not to have anything to do with the business,

You did not like the sound of 500 English soldiers-I did not think it was true that he could get them.

Then you decided to get rid of Capt. Woon I was in Hongkong, how could I employ him I decided not to employ him at all, because I could not do so

while I was in Hongkong

Did you not intend to return to Canton soon after ? I always intended to go back to Canton because I had a lot of business there."

Having decided not to employ Capt. Woon you gave him an introduction to another Chinese gentleman-Yes, 1 gave: him my card, and told him to go to sea him. I thought he might be able to find some employment for him

Did you know that this gentleman 570 Capt. Woon a cheque for $300 ~~ did not know until I received a letter

from Capt. Woon's solicitors.

Did you know that he gave him second cheque on October 5th-1 did. not know at the time, but my friend told me later that he had given Capt. Woon

a loan of $700.

- Can you suggest any reason why he should give Capt. Woon a lean of 8700 I know of no reason at all I have worn, and I swear here now that I never gave my friend instructions to pay him anything.

Witness denied that he and his friend had say financial dealings in connection with Canton between June, 1925, and January, 1026

AA ETTORTING MONTY,"

Mr. Brooks submitted that he had no case to answer. It was nothing less than sadeavour to extort money from Chan Lim Pat

France we had undertaken to get from and as far as possible we were endeavour Italy £4,000,000; we estimated that we ing to give effect to it, but we also wanted might be able to collect from minor individual debtors who had wunde genuine Powers, any up to £2,000,000; and if Ger- many paid. three-quarters of the sp to do what was fair and right towards proximata reparation under the Dawes

New Yoax, March 24th. and spontaneous efforts to redeem their scheme, which was a perfectly reason- able basis on which to work, that would

There has been an avalanche of selling obligations. On the other hand, every mean £15,000,000. Therefore, in the near

orders on the stock market, with much carrying over. High-price issues are down civilised State had an immense interest or not too distant future, we should be

When Capt. Woon frst saw you on receiving £33,300,000 a year. We were

from thres to nineteen points, making in obtaining from its creditors a fall at present paying 433,000,000 a year to

new low records for the year. The total August 16th was not the question of ST. PETERSBURG (FLORIDA), March 25th sales amounted to $2,500,000 Did he ask you to find him employment

money mentioned between you -No free and honourable discharge of ita con- the United States and probably by the

time all this was fully gathered we should Walter Hagen won the West Coast Open. This bearish sentiment is influenced by tractual obligations Without such a be paying £38,000,000. There was thus Tournament with a score of 983 for 79 reports of slackening activity in basic in the Police Forces of Canton (No; be arge, the credit of the debtor was a margin and a gap which perhaps, some holes. Bobby Jones, the American ama industries, widespread cancellation of asked me if I could find him employment

day, Russia might be prepared and teur champion, was second with 285 Automobile orders, the Government in in training soldiers believe plaintiff. gravely undermined. The power of anxious to All He did not think that Jones was entitled to the prize of $500 vestigation into the recent oil amalgams-Witness could not remember exactly creditor was limited not only by we were so far from having achieved the in plate, but requested that the money betion and the poor showing of the Glaseral what was said between them, but here debtor capacity to pay but by a debtor's principle and obpect of the Balfour Note not taken from the purse so that R. Electric Company last year American membered that Capt. Woon asked hit to view of the importance to himself of that we should regard our declarations Cruickshank, the third (287) be given Can Co. abares have been hammered down give him a job of some kind. world credit.

in that respect as having been nugatory. second and third moneys,

1 by 23 points

(Continued on nezt Volumn.)

Mr. Sheldon said it was true that no but services could not be rendered until services had actually been performed, Capt Woon went to Canton." He sub mitted that there was no reason to dis

His Lordship remarked that the onus of proving the contract was on plaintiff, and he had not proved it

Judgment was given for defendant with

·Costa.