1931-10-03 — Page 9

FIVE PER CENT. WAR NO NONSENSE OVER

LOAN CONVERSION.

OPTIONAL TERMS EXPLAINED.

(BRITISH WIRELESS BERVION)

Ruany, Oct. 2

In the House of Commons (tó-

HONG KONG DAILY PRESS, SATURDAY, OCTOBER

1931.

LLOYD GEORGE

AMAZING ORGY OF KING AND QUEEN

DESERTED.

LOOTING.

OF SIAM.

STERLING AGREEMENTS MUST BE ADHERED TO.

NATIONAL LEADERS AGREE 30,000 GLASGOW UNEMPLOYED

ON ELECTION FORMULA.

RUN RIOT

GOLD CONTRACTS.

(THROUGH REUTER'S AGESOT;]

[THOUGH REUTER'S AGENCY: J

LONDON, Oct. 2: Every attempt of foreign con It is believed that Mr. Ramsay night the Committes stage of the tractors to evade their obligations MacDonald, Mr. Stanley Baldwin, Finance Bill, by which additional will be resisted to the uttermost," taxation to balance the Budget is This is an authoritative pronounce and Sir Herbert Samuel have imposed, was completed.ment regarding the decision of agreed upon a formula embodying Speaking on the clause, giving certain foreign trading nascaiations willingness to control or prohibit Atockholders the right to continue to repudiate their contracts, ar holding in five per rout: War Lonn, ranged on a sterling basis before ports, and employ tariffs, or any the Chancellor of the Exchequer Beitain, suspended the gold stan other measures to most the situn- said the purpoan of the clause was dard. (Notion. to give to the Treasury powers which would be used at a favour- able opportunity to convert the present stock of five per cent, War Loan, amounting to over £2,000,000,000. To a very great ex- tent. Die terms of conversion offer, when issued, would follow the con ditions attached to the presentments. stock.

It was proposed to give three months' notice to holdors of stock and during those thres months they would have the option of transfer- ring into the now stock 'or asking,. at the end of three months, to be repaid in cash.......

The power which was asked for was ont new in operations of that kind. It provided that if a holder of existing stuck did nothing he was taken as accepting the offer. If he accepted, he returned the old stock and his rights attaching to tho stock would be different?

It is stated that Britain's foreign customers are not generally adopt- ing a policy of repudiation but, where cases are reported combined sction will be taken by the Depart monts of Overseas Trade and the British Chamber of Commerce to enforce the fulfilment of "ngroe

BANK

FRENCH

CLOSES.

MR. 1. MCGOVERN AMONG ARRESTED.

{THROUGH REUTER'S AGENCY.J

LONDON,

Mr. J. Moover

Shettleston); and eleven others have been arrested in connection with the riots at Glengow when

Other Liberal Ministers will 60,000 demonstrators against dojo discuss the formula to-morroy but cuts were charged by mounted there has been sufficient, progress to police. Many wote Jujured, 13. make a General Election quite cluding several police whom the certain,

mob attacked with broken bottles- and other weapons. Many shop windows were smashed and the shops looted.

It is axpected that Parliament will be dissolved on Wednesday, so Polling Day will be October 28.

It is learned that in spite of Mr. Lloyd George's advice the five Liberal Ministers, Bir Herbert Samuel, Lord Roading, Sir Archibald Sinclair, Sir Donald

BELIEVED DUE TO SILVER Maclean, and the Marquess of

PRICE

[THROUGH REUTER'S AGENOT.]

PARIS, Oct. 2 In ordinary conversion opera- The silver price is believed to be tions a holder surrending his old one of the factors in the dificulties stock received new. Undar this of the Comptoir Lyon, Alenand, continuous operation he would re-which did not open to day. 'tain his old security with changed conditions. It must bs obvious that if there were a large number of holders of present stock who asked to be paid off it eash Government could not raise that huge sum in the course of a few days and, there- fore, time was to be taken in order to Boa what the results of the con- version operation would be and then to make provision for, finding. the cash for those who wanted to be paid out

Dealing with a sub-section of the clause, Mr. Snowden said one of them gave power to the Treasury to offer a very small bonus for all applications for conversion.

"FOODSTUFFS BILL

PASSED.

(THROUGH REUTER'S AGENCY.)

LONDON, Oct. 2 Under the Government's Food staffs (Prevention of Exploitation) B which the House of Commons read to-day for the first time, the Board of Trade is empowered to take such action as may be neces sary to prevent improper attempts being made to bring about a short nge of supplies of increase in price. People convicted of offences under this Bill may be imprisoned for three months, fined £100 or both. and the merchandise concerned is liable to forfeiture.

KINGSFORD SMITH FORCED DOWN.

OWING TO INDISPOSITION.

THROUGH NETTER'S AGENCY.J

ATHENS, Oct. 2, Air Commodore Kingsford-Smith made forced landing at Mil near Gymrua.

Indiaposition compelled Kings ford-Smith to land at Mila. He' made safe landing and the machine is undamaged. The air man in spite of feeling unwell is determined to continue, and he telegraphed to-day to thende in Athons that they might expect him in the afternoon, h

but he had not arrived at 8 p.m.

ROUND TABLE CONFERENCE.

COMMUNAL PROBLEM STILL THE OBSTACLE.

InUTER AND BRITISH WIRELESS

LONDON, Oct. 1.

The communal problem is still the greatest obstacle to the success in the task of framing India's new constitution.

Lothian, have decided to remain in the Government,

Thoir decision was made in view of the possibility of an immedito General Election.

The mysterious ritual of politics, whisperings, then so-called secret conclaves, then rumours, then state mont colliding with statement, one destroying the other, noems about drawing, to a close.

Cablent Meeting.

The Cabinet met and deliberated for two and a half hours last even ing. Shortly after 8pm. Sir Herbert. Samuel left the Cabinet room to submit to the other Liberals the formula (mentioned previously) on which the National Government. may appeal to the country. These. consultations were broken up re- peatedly by divisions in the House. of Commons, and Liberala eventual ly decided to adjourn consideration. of the formula till to-day.

After sitting for an hour and a half Anishing at 11:30 pm, the Jocusequence of the difficulty Cabinet adjourned until to-uny of reconciling the conflicting claims when. presumably it will have to of the Hindus, and Moslems and meet without the Prime Minister. other smaller communities to the who has arranged to address his seats proposed in the new Indian constituents of Seaham for which Parliament, the Minorities Sub-place he leaves at ten o'clock this Committee of the Round Table morning. Conference has adjourned for Newspapers.. welcome the p week, with a view to a continuance prosching end of this period of of unofficial conversations.uncertainty one way on the other..

The proposal was moved by Mr. Gandhi and formally seconded by the Aga Khan Gandhi sxpressed the hope that in ʼn week it might be possible to report some sort of settlement

Meanwhile the man-in-the-strenį. reflects resignedly that he has got to stand the racket of general elec tion costs of over £2,000,000.

Audiences With the King.

[BRITISH WIRELESS SERVICE]-

Tada Ruany, Oct 2 The Foreign Secretary, Lord

Sir Muhammed Shafi said the proposal, was that ench group should select one or more repre sentatives to meet and it by an exchange of ideas it was possible to reach a satisfactory settlement, Roading, was received by the King it would lighten the burden, which at Kuckingham Palace this morn- rested on the Minority Committeeing. Later, following a formal meeting of the Privy Council at the Palace, Mr. Stanley Baldwin, Lord President of the Council, re- mained behind nnd had audience of the King which lasted half an hour. This evening Sir Austen Chamberlain also had audience. of the King

as a whole,

The Prime Minister, who pre- ment would be fruitful of results. sided, nid be hoped the adjours

KING CONGRATULATES

·SPEED FLIGHT TEAM.

ALSO MANUFACTURERS OF MACHINES.

(BRITISH WIRELESS SERVICE.]

Anothes meeting of the Cabinet was held this evening no the House of Commons at which, it is under stood, the situation was further examined. It is now considered probable that the formal announce ment regarding developments in the political field may be deferred until next week

The Prime Minister is due to leave Cobdon to-morrow for Seaham, Durham, where, in the evening, ho will address his con- stituents.

VOTES FOR WOMEN IN SPAIN.

FAIR SEX DUEL IN CORTES."

RUGBY, Oct. 2 The King has personally directed Lond Amuree, Secretary for Aif, to convey to Squadron Leador Orlebar and Flight Lieutenant Waiting Permission to Leave." A cable received in London from Stainforth and Oficern and men of Kingsford Smith from Milk states:

the High-Speed Flight Team his "Waiting Permission to Leave,”

warm congratulations on the bril- liant performance whereby a new Bad Luck!

"world's speed record was establish. Smyrna Oct 2 Sunstroke and Red Tape finally In so doing the King intimated

· ruined" Kingsford Smith's chances his great entisinetion, with the high to break the record. He was standard of efficiency prevailing brought down owing to Bunstroke among all ranks of the Royal Air nt Mile where bo in still held up Force and, in the technical depart- Awaiting the Turkish Government's ment of the Air Ministry as evi- permission to proceed.

denced both on the present ocen sion as well as the recent contest | for the Schneider Trophy, or verbal duel between the only The King has further directed two women deputies in the new that his congatulations shall be Spanish Cortes was the outstand conveyed to the manufacturers anding feature of the debate on the PRINCE OF WALES A GUEST designers of the machines and en clauso in the new Republican Con- gine whose efforts have contributed atitution enfranchising women over colergoly to these outstanding | the-age-of-23.--- British successes.

UNIQUE BANQUET IN LONDON

THROUGH ABUTER:0 AGENCY.

LONDON, Oct. 2. The Price of Wales attended in banqart, unique in many respects, at the London home of Sir Abe Bailey to-night, on the ocension of a gathering of all available aur vivors among great statesman, „naval and military officers, portray.. ed in three pictures of war person- Alities.

Bir Abe Bailey has presented. tha.

100,

SIR THOMAS LIPTON.

CONDITION IMPROVES.

THROUGH. REUTER'S AGEXAY.).

LONDON Oct, q”

Thomas uragingly im

The

condition

hai

pictures to the National Portrait Lipt

Gallery.

Apart from the R

there were

{THROUGH REUTER'S AUKSCV.)

MADRID, O

Benorita Victoria Kent, who is n prominent feminist leader, curious, ly enough was opposed to the clause. She contested it on the ground that women's political education in Spain has not yet

The other woman deputy, Seno- ErifaTM Campo Amor replied very Torpefully

|women:shonki be- enfranchised-if only because women had helped langely to create the Spamen Republic

bated vaerphill = The clause was Brille basted by

neaday Test 12170 votes to 1914

Streets Larded and Buttered,

A fresh outbreak of rioting. os. curred in Glasgow after midnight.

looting. Large slabs of butter and It was necompanied by organised

tard were strewn in the streets of Garngad district, where the hooki

gans had gathered while the Police were engaged. elsewhere. When the Police returned, they were bombarded with jam jars and bottles from the shops, the major ity of the windows of which have been completely wrecked. streets were littered with all sorts of commodities. Mounted police charged repeatedly and order was restored at about 2 a.m.

KIRKWOOD'S OUTBURST.

DUE AT HONG KONG TO-DAY.

[THROUGH: REUTE ́S AGENOX,]

SILANGHAI, Oct. 3

ACCIDENT TO LINDBERGHS

પગ નો

RETURNING TO SHANGHAI ABOARD H.M.S. HERMES,

THROUGH REUTER'S AGENCY. }

PROSPECTS OF

PEACE IN CHINA.

HUHAN MIN MAY HEAD GOVERNMENT.

THROUGH REUTER'S AGENCY.

HANKOW, Oct, 2

SHANGHAI," Oot. 3. On behalf of the National Gov. When Col and Mrs, Lindbergh

Local information suggests that rament, Mr. HH Kung, Minis-were taking off from the Yangtze tho peace negotiations, between tor of Industries, called on the this morning for a survey Bight a Nanking and Canton which are en King and Queen of Sien, yester wing dipped in and the plane present taking place in Canten day, aboard the Empress of capsized. The Lindberghs ware forecast that Chiang Kai Shek will Canada, which left for Hong Kong thrown into the river but a boat appointed Generalissime, u this morning

from E.M.S. Hermes was quickly Han Min head of the National got out and rescued them. They Government; and, Wang Ching Woi returned to the Hermes, aboard head of Party Administration, which the plane was later taksa

for repairs and will be brougfit to Shanghai

B.M. the King of Soman is due in the Colony to-day on the Empress The King will be entertained at of Canada on an unofficial visit,

Government House on Saturday night and will leave for Siam to "MOTTOW o his private yacht,

Selandia

REFUGE-TRAINS UNDER FIRE.

JAPANESE PLANES USE MACHINE GUNS

Peiping, September 20-It is confirmed from several most.reliable quarters that Japanese seroplanes on more than one occasion havo Rown over tains, carrying refugees from Manchuria and have opened fire on them with machine-guns,

The Lindberghs are act much the worse for their dipping They are also travelling by H.M.E. Hermes.

LOSS OF FRENCH PLANE

DUE TO INTERRUPTION

PETROL FEED?

(THROUGH REUTER'S AGENOT.]

General Chen Bling Shu has been Appointed Garrison Commander at Shanghai and Nanking as a pre- liminary to the holding of a peare conference in Shangha

Canton Anxious.

[From Our Own Correspondent.):

CANTON, Oat, 2. Canton is eagerly waiting Mar shad Chiang Rai She's reply to the terms which it propose basis for a peaceful settlement of IN the Nanking Canton dispate The formal peaco conference in Tung- shon ended yesterday, pending fur- ther instructions from the bead of the Nanking Government.

Chiang Problem Not Yet Bottled.

(Wah Teo Tat Pao.)

CANTON, Oct. 2. ton and Nanking over the problem The difficulty of reconciling Caa

of the retirement of Marabad. Chiang Kai Shek has not yet been Marshal Chung's reply to the overcome

PARIS, Oct 2 At the Air Ministry inquiry into the loss of the plane Trait D'union, two members of the board find that the crash was most prob ably due to loss of power through the interraption of petrol in the The most defnito case recorded supply pine, which upon investiga kutuz the Mukden Railway Station, attributable to a mischance, such is that of a train which left Huaug-tion showed that this could only he

STUDENTS FLOCK.

on Thursday, carrying a number as a leak in consequence of vibrathres compromising points reached of foreigners as well as being pack- tion. ed with Chinese refugees, After The

the train bad proceeded a few miles the buzz of an aeroplane was heard and then it was seen to be firing on the train. At least two Chiness wore killed and several others wounded, the victims being after- train, as well as bullet marks, wards seen by foreigners on the

LONDON, Oct. 2" -Yesterday night's rioting at Glasgow was vehemently re- echoed in the House of Com mons' when Mr. Maxton declin. ed to be satisfied with † Mr.. Archibald Sinclair's defence of the behaviour of the Glasgow policeman lele on th

Mr. Kirkwood was even morej rebellious when he refused to "respect the Speaker's Interven. „ tion and-- remained on his feet " shouting,”! Do any damn thing

..

WEATHER REPORT.

Yesterday's weather report, forecast and remarks, issued by the Royal Observatory at 313- pun, atated :—

The anti-cyclone is now cen tral over S.W. Japan, moving E.N.E.There are indications of a depression to the west of. the Parcels.

Local Forecast:-N,E. winds, fresh to moderate; cloudy. some rain.

you like we are going to dely * Law, and "Authority, you will have to take our lives - or "wa. will take yours, ".

Bemanded in Custody,

Simultaneously twelve men were anraigned on a similar charge at Salford and remanded at the quest of the police to ascertain whether the accused were germine unemployed.

This train has been photographed in Tientsin with the damage dono to it so that the Chinese can bring this matter before the world.

British subjects on the train have brought the matter to the notice of

TO NANKING.

WHEN WAR WILL START: NANKING ASKED TO STATE

3,000 LEAVE TO PRESENT CASE.

Shanghai, Sept. 29. With all the British Consul General in Tien-curricular activities, at a standstill; | teinud

W over 3,000 stundents left here for Two other trains are reliably re Nanking last night in three special ported to have been machine-gunned traine, at 8 p.m., 10 p.m. and 12 from the air in the same way. p.m. This is the second batch of In addition to these attacks two Shanghai students to go to the further trains have been fired upon capital to demand a satisfactory by bandits near the railway. The reply as to when war will be de attackers are stated to have been cared and how the lost territory wearing white bands on their arms, will be recovered. but the characters could not be de- siphered by those on the trains.

ANGLO - AMERICAN CO-OPERATION.

NEVER BEFORE A TIME WHEN IT WAS NECESSARY.

Carrying but one or two dollars cach, the group issued, a declare.

at a preliminary meeting at Hong Kong was received only yesterday afternoom. The contents of "the reply which were divulged through political channels, auggest that, be is prepared to restore the personal freedom "of anti-Nanking prisoners including Hu Han Min and Li Thai

that the country would be drawn Hain, but during the present national difficulties, it is feared

into a whirlpool of anarchy if bé immediately retired without a sue. cessor being appointed at the helm of the Central. Administration.

Marshal Chiang suggests that the problem of his retirement be de cided at the proposed. Unifcation; Conference

NEW MUNICIPAL

BUILDING.

CANTON'S GO AHEAD ARCHITECTURE.

(From Our Own Correspondent.)

CANTON, Oct. 2.

It is understood that there weretion to their fellow students that no armed troops on the trains at until the Government promulgates tacked and the reason for the air its definite plan against Japan, men's action is hard to determine. they will never, leave the capital,

The corner-stent" for the "con» The group represents about 20 solidated Municipal Government schools in Shanghai. Under the building on the northern part of direction of the committee elected Central Park will formally be leid from the students of the Chaotung to-morrow at 1 p.m., following u University, the group boarded the ceremony. Ground breaking has train at Woosung and North Rail been going on for the past several way Station, where tensa atmos phore reigned though, the youths months and is now nearing.com. pletion. The corner stone, laying left in orderly manner. There were ceremony will be preaided over by 25 girl students. ⠀

The decision to go to Nanking when completed, will be one of Mayor 1. K. Ching. The building, London, September 25.-Speaking was reached at a mass meeting held the nest landmarks in South at a luncheon given by the American in heavy rain in Nantae yesterday China. It will be half oriental and. Chamber of Commerce in London morning. Five questions were de half occidental in appearance. The to-day the noted expert on cconocided upon to be placed before beauty of Chinese architecture as mie affairs, Lord D'Abernon, former General Chiang Kai Shek for expressed in the old courts and ly British Ambassador in Berlin, definite reply, depe

pulaces in Peiping will be blended said that there was never a tinie

with the comfort, convenience and when the vigorous exercise of

durability of Westem architecture. Co-operation between the United States and Great Britain was more important than at present.

10,000 RECRUITS.

The Students' Questions, In their questions the students

The Government has promised. that in face of Japan's further-

listed

(Mal Ter Tab Pao.)

Shortly after the list opened, there were 10,000 nameð í regis tered

SERVICE FOR CAPTAIN ZNAKAMURA A

Our civilisations were menaced invasion, the Government will de ANTI-JAPANESE VOLUNTEERS, LONDON, Oct. 2

by a very grave danger. Stability clare war and that the lost terri- The Member of Parliament, Mr. had been lost and we suffered to tory will soon be recovered. Now McGovern and eleven others, in day from violent world deflation, that most of Manchuria is in the cluding a "slip of a girl" Jean which it was indispensable to corbunds of Japanese, will the Govern Gobson, who wept freely through rect, but by a widespread agreement deciate war. What is Goy The anti-Japanese Society here

A SHANGHAI, Oct. 2 out the proceedings, were, remandment to re-establish the price level, ed in custody at Ginsgow on enabling debtors to pay, and poten-invasion 1 And what are the National Volunteer charge of committing a breach of tiul buyers to resume activity. Government measures to recover which patriotic youth will be en-

ernment's conception of further is promoting the peace last night.

It was far more by the restora- the lost ground

the organization of a

Army into.

tiin of trade activity that the com

The Government is further asked mercial world could be saved, he whether the Minister of Foreign doclared, than by any new restric Affairs will be responsible for de tion. He maintained that the clear reliction of duty if and is the caso objective for New York and London in Government's foreign affairs; must be the restoration of world how to deal with the case: concern= prices to the level of 1929. This was ing Marshal ChangHaueh Liang, the level to which wages, debts had who has been instructed to recover other contracts were adjusted, and the lost territory But who has had

10,000 PEOPLE ATTENDED any violent departure from it, eitharno troops, when will be considered CEDA SACRED FUNCTION. upward or downward, involved time to supply the students who are gravo danger of serious social dis under military training with arms turbance and conflict.

Tokyo, Sept. 27

Crowd of ven. nad ammunition and what are the thousand ple this morning at Government's plans in dealiz, wintended momorial the North-eastern situation bonour of Captain Nakemura SEO more than 8,000 students, in Shang the borders of Manchuria and It was reported yesterday that his companions whose murder on hai are receiving military training, Mongolia in June last served. A national salvation troop has also ring Bino Japanese trou been organized by various workers Manchuria to a head. and members of the Kuomintang

AMERICAN BASEBALL.

PHILLIES HOT FAVOURITES FOR WORLD SERIES

"KLEUTER'S VAMERICAN AREVICE.]

JOBLESS SENT BACK

ENGLAND:

---" TO

FIETY FAMILIES REPATRIAT NEW YORK, Out 2]~ED FROM AMERICA In the Baschall World Series the Philadelphia Athletics defeated S

by 6-3 in the first game in perfect weather, before, a capacity

-

Lorowd;

RUSSIA TO PURCHASE ITALIAN PLANEST

London, September 21-Two hur dred Englishmen, women and child. ren were landed at Plymouth to day at the expense of the United States Rome September The Phillies failed to score in Government USTALON aeroplanes to the total, the first juningas Et Imin taking They compris 50 families who 70,000,000 Liter will

two ran lead in the next fonning have been living in the United

Series:

Phillier:state during the punte two, yarra

and two but who have fallen me to the it was

depresion. For reason will include

been repratiated by the tions;

Government. The świ

expect to draw the

The simple and impressive, mony was held near the Kuda shrine which is dedicated to spirits of thoso, killed in action.

Severall Cabinet Ministe among thond in the front jeongregation, inclu