1932-12-07 — Page 9

STRIKING TRIBUTE TO BRITISH BANKS

PRES. HOOVER'S MESSAGE

TO CONGRESS

[REUTER'S AMERICAN SERVICE.] ·

ANGLO-FRENCH CONFERENCE

DEBT QUESTION MAY BE DISCUSSED IN PARIS'

{THROUGH BELTER'S AGENCY.].

conference.

ing system was made by President reported, from Genees, that Mr. Hoover in his message the open-Neville Chamberlain will also come ing of the last session of Congress.

The President deals with the to Paris to-morrow, so there is a arcessity for complate reorganisa prospect of an Anglo-French debts tion of the United States' banking system which he compares unfavour The crucial debty debate in the ably with the Britial and puints Chamber will begin on Friday or sal that the American bank failures Saturday. The chamber is against in 1031 were 101 por cork, of all payment, while M. Herriot is re- banks comoared with 1 percent.ported to be for payinent. If M. of all other enterprises. 4,605 Herriot fails he will probably be. banks, hack suspended payment since asked to re-form the Government January 1, 1930, with deposits of with a caudate to reduce the $3,500,000,000,

HONG KONG DAILY PRESS, WEDNESDAY, DECEMBER 7, 1932.

U.S. DISARMAMENT

PLAN

ACCEPTED BY BRITAIN, FRANCE AND ITALY

[RECTER AND BUITISH WIRELESS. Į

TEA RESTRICTION SCHEME

CANTON-HANKOW RAILWAY

AGREEMENT REACHED IN.

LONDON

GRANT AUTHORISED BY BOXER TRUSTEES

[TuROUGH REUTER’A. AOEKGY}

LONDON, Dec. 6.

(THROUGH REUTER'S "AGENCY]

SHANGHAI, Die 6.

SHANGHAI. DISTRICT

COURT

BRITISH INTENTIONS

QUESTIONED

· [THROUGH REUTER'S AGENCY.]

LONDON, Lee, 3.

WASHINGTON, Dec. 0.

PARIS, Dec. 8.

GENEVA, Dec. 5. Britain, France, the United A STRIKING tribute to the

tives of the Indiana Toa Asso by the Ministry of Railways ed in the House of Commons stability of the British bank MB. R. MacDonald and M. Herriot

will arrive to-morrow, I is States and Italy have agreed to the T is announced that representa.A GRANT of £2,460,000, requested | A SERIES of questions were ask- details of the American, disarma- ciation, London: the South Indian for the construction of the Canton-to-day on the subject of the District Association, London; the Ceylon Hankow Railway, has been author-Court in Shanghai and British in- ment scheine.

The Prime Minister, accompanied Association, Loadou; the Britished by the Board of Trustees of tentions regarding its future.

the British Boxer Indemnity Fund. Chamber of Commerce for the

Captain Anthony Eden, Under- ing engaged at Geneva in coRVCTS- Dutch Indies and, the Amsterdam It was decided, however, that the Secretary of State for Foreign by Sir John Simon, was this morn- Cons with Mr. Norman Davis, the and Java Tra Associations venched grant be made conditional on an Affairs, in reply, said the Foreign agreement being obtained by the Scaretsry was aware of the com- chief United States delegate to the complete agreement in regard Disarmament Conference, and the measures to be taken to achieve Ministry of Railways with the plaints regarding the working of Sino-British syndicate which has the court and fully recognised the French Premier, M. Herriot, who affective regalation.

been urging the paymnast of out-¦importance of the matter. WAR accompanied by M.

It was agreed that the Ineasures. Boncour.

bow to borsulonisted as referea standing debts. It is understand that. Mr. Davis dum to the proprietom of ten

ITALY WILL PAY fully explained the American pro- estates. If an adequate proportion poxal, whereby the results already of proprietors favour, the regula

it was then obtained by the Conference should|tions and measures

AMERICA be embodied in a preliminary con- | agreed they be submitted to the vention which would also give Governments concerned with

Permanent enforced.

He proceeds that the failure of our system to function was not

payment.

CONFERENCE

Bersary and the fault of our parti- INDIA ROUND TABLE eular system was plainly indiented by the fact that in Britain, where the economic mechaniman had suffer- ed fur arealer, shocks' than ours. there had not been a single bank failure during the depression."

War Debts,

The President'. references to the war debts question were confined to published facts and the neces sity of cooperation by foreign nations in universal beneßt,

. Ho

many

MEASURES

for

emphasised that the pro- gramme for United States' reary visages the unquestioned balanc ing" of the Budget which will show proposed reductions in appropria- tions of over $830,000,000 below those enacted last session.

DEFENCE OF INDIA DISCUSSED

[DRITISH WIRELEON SERVICE]

Paul

effect to a resolution recording the request that the regulations be

n

thblishment of Commission of Control and Super- vision of all armainents, which, during the adjournment of they General Commission of the Con- ference, would carry on its work.

Powers Ruaux, Dee. B.

took

Premier Gives a Dinner.

Later, Baron Aloisi (Italy) part in the conversations.

The German delegáte, Baron von Neurath, arrived this evening and the delegates of the above five were represented at a THE Indian Round Table Confer dinner given by Mr. MacDonald to-night, after which they proceed Chee to-day discussed defence qu24-ed to discuss the German demand tions on the basis that defence is for equality of status in the light a Governor General's subject, but of the American propol.

It was afterwards indicated that that the future Legislature should Britnip, France and Italy were in The Budget only contemplates have the same opportunities of accord with the American views. public works already undertaken | discussion as at present.

and if Germany accepts the geheme, and recomends the country gener-

the Disarmament Conference will ally to adopt the Government fur

On the British Indian Liberat be superseded, the smaller Ferman lough system inaugurated last year mide, general agreement exent Commision of Control will which in tantamount to a five-day pressed with the recommendations carry on ita circumscribed. task for

mado by the Defence Committee of a limited period of time. the first Conference, and in parti cular with the view that nothing should be done that would tend to imperil the safety of India

week,"

Further temporary, reduction in Governinent wages are contemplated and also a 'cut in the Veterans' Bonafit and an extension of manu facturers excîra taxes.

Reorganisation of Government departments will be undertaken with a view to consolidation

No reference is made to prohibi-

tion

WETS" NARROWLY

MISS VICTORY

JUST SHORT OF TWO THIRDS MAJORITY

frunovou NEUTER'S AGENCY.]

Was

The Training College which that Committee had recommended has now been established, but it was urged that a definite programme providing for the Indianization the whole of the Indian Army with in a specific period should be draw up by the British Government.

Liberal View,

In she view of the Indias, Liberals, while the Defence Meta- her should be appointed at tha unfettered discretion of the Gover nor-General, provision should be made to securo contact between responsible Ministers and the De- fence Member.

WASHINGTON, Dec. 5.

While there was general agrea-] THE whirlwind tactics of the

"Wels" immediately Congressment that in practice that there reassembled, to secure a motion in must be such contact, doubts were favour of the repeal of Prohibition, expressed on the British side wrie checked by the House of He to the possibility of having any presentatives voting 2 to 144 in provision in the Constitution on this subject without derogating from the Governor General's discretion

favour of the motion.

California's Desira.

sentatives.

Elciency Exsential.

A Bill to modify the Volstead A and permit the sale of natur On behalf of the British Con- ally fermented wine has beservatives, it was said that they introduced in the House of Repre supported the December

White Paper and were uyrapathetic to 'any plan that came within its scope. Regarding Indianisation the main object must be efficiency and fit neos for war, and a defined pro gramme of Indianisation was im practicable, if not impossible..

The measure was brought in by a Democrat culier from California where millions of gallons of wine are awaiting an opportunity for sale.

BRITAIN WARNS PERSIA

OIL CONCESSION . SCANDAL

[RLITION WIRELESS SERVICH:]

Rrony, Dec. 5. THE action of the Persian Gov ernment in canoolling the Anglo-Persian Oil Company's con- cossion on November 7, was the subject of several questions to-day in Parliament..

The Under-Secretary for Foreign Affairs, Captain Anthony Edon, plying, mid the British Govern- ment was fully aware of all the circumstances, including the fact that the concession was definitely; granted for a period of sixty years from 1001 and contains no provi sion for cancellation.

On December 2, he added, the British Minister in Teheran, under instructions made the strongest representations to the Persian Government, emphasising the very serious view held by the British Government and adding that while they atall hoped the matter might bo amicably settled, the British Government would not hesitate, în the case of need, to take all legiti mate measures to protect their just and indisputable interesta..

On behalf of the British Li- berals, it was stated that they ap

and

ES

для

Germany's Attitude in Doubt.

Germany's agreement is, however, by no means a' foregone conclusion

while some objections, not insuper. able, are expected on the part of some of the maller Powers

The American proposal regard ing Germany's equality claim in that the matter should be left over for three years for the Permanent Commission of Central to try and devise a plan which would recognise | both :"Germany's claim and thes French demand for security. Some) doubt is expressed whether this offer will satisfy the Germans.

JAPANESE DESTROYER

FOUNDERS

HUNDRED AND SIX OF CREW MISSING

[TUROUGH BEUTER'S 'AGENCY]

Toxro, Dec. 6. THE second-class destroyer, Sawa-

·rabi, has foundered in a storm

off the Formosan coast and one hundred and six members of her Cares are missing.

The Aawarabi was a vessel of 820 tons, some 275 feet Inng, and was built under the 1921-22 programme.

THE OTTAWA AGREEMENT

RATIFIED BY INDIAN LEGISLATIVE ASSEMBLY

ĮTAKOVOK REUTER'S ACENGY.}

speakers

the

the

preciated the desire to go as quickly AFTER 4 Uebate, in which sixty

possible with

participated. Indianisation, but it would be im Legislative Assembly voted by 47 to possible to lay down any rule or 27 for the ratification of policy. Thus the progress of the Ottawa. Agreement, Indian Sandhurst must

remain with the Governor General. As to contact with the Denfence Minis- ter, a form of words might be use 1 to indicate the desire to encourag consultation.

HOOVER CHANGES HIS MIND

POSTPONED

-

[REUTER'S AMERICAN SERVICE}

NOT LIKELY BEFORE APRIL

?

DECISION REACHED BY FASCIST COUNCIL

(THROUGH REUTER'S AĠENOT: ]

Roxs, Dec. 6. meet the war debt ITALY will

payment due to America this month.

CONDITIONS IN

HARBIN

QUESTIONED IN HOUSE OF COMMONS

BRITISH WIRELESS SERVICE.]

tion

Rugay, Dec. 5.

QUESTIONED regarding condi- in Harbin, Captain! Eden told tho. House of Commons' today that a state of great inse- curity existed there owing to the activities of bandita.

It was unsafe for foreign, resid- ents to go outside the city and an attempt at kidonpping. had been mude even in Harbin itsolf.

His Majesty's had advised the withdrawal of all; women and several had left,

Ho

Consul-General,

Arms to obtain armed guards for was also assisting Britan.

The Consular Body at Harbin have represented to the - local au- thorities the urgent necessity for strengthening and improving the Polico Forca and, in response to the request of the British Ambasador: al Tokyo, to Japanese. Govern- meat have promised to use their influence wilt the Manchurian au- thorities for the same purpose.

Captain Eden understood that the Chinese Government was con- idering the terms of the existing agreement and had given assur ances to the British Government that they would do everything pos- sible to secure the fullest protec tion for the British interests i volved, whether these depended i upon the terms of the District the protection of life and property. ¡Court Agreementor

upos. other || matters affecting the administration

uf justico.

Mr. Wardlaw Mile pointed out that the agreement was due to LONDON, Dec, 0,

expire very shortly and urged that THE Financial Times says it is

The decision was reached by the negotiations be started so that n now generally expected that a

Fascist Grand Council early this conclusion could be reached in tea restriction scheme will be de-morning. when Preniier Mussolini ample time. vised and accepted, but not before

Captain Eden replied that he was was present. April 1.

aware that the negotiations must be concluded by April next. He gave

was, by no that the Government Mr. Wardlaw Milne an assurance manner of means wasting time.

Replying to Sir Alfred Knox, In view also of the unlikelihood. 1933, now agreement may be

reached:

Captain Eden said that the Muni- of planters immediately restricting

In accordance with a recent docipal Council of the International output until the climatic conditions of the sense are known, it will claration of President Hoover and Settlement would be consulled.

Conservative member) DOCTOR AND BUSINESSMAN President-Elect Roosevelt, America Whon a not be surprising if six months, or

KILL EACH OTHER. even nine months, elapse before the may take into account the fnet that urged that Britain should give the

economic circumstances in Italy lead to all other nations in the mat market reflects the reduced supply have altered since the days in which ter, no reply was forthcoming,, in anything more than a temporary the war debt agreement was reach rise in price

that the

A communiqué states that while This delay in the imposition, of the Council will invite the Govern the scheme may moпn

vites it to begin the necessary nego market will have to face a poriadment to take this step, it also in- of fooding before the effect of tiations in order that before June, restriction is felt.

In Hong Kong

To-Day

FINE

YESTERDAY'S WEATHER REPORT, FORECAST AND BEMARKS, ISSUED BY THE ROYAL OBSERVATORY AT 5.30 P.K., STATED : CRAFT

A STRONG ANTI-CYCLONE COVERS N. CHINA. THE TYPHOON IS CES- TRAI ABOUT 200 MILES TO THE E.N.E, OF

MANILA, MOVING NORTHWARD. FRESH TO STRONG MONSOON WILL CONTINUR ALONG THE COAST OF CHINA AND OVER THE NORTHERN CHINA SEA

LOCAL FORECASTNE WINDS FRESH; PINE.

UPROAR IN REICHSTAG

AGED NAZI ATTACKS: HINDENBURG

(THROUGH KIUTLE'S ADINGY.]

BERLIN, Dec. 6. PROAR marked the opening. speech in the Reichstag by the aged Nazi General Lietzmann qulogising Hitler as the greatest living of Gormans, who alone is capable of saving the Fatherland

He attacked. President Hindenburg for refusing Hitler, the Chancellor ahip.

The speech was accompanied with jeers and eatcalls, by the rest of the Hause, while the Communists chout. ed: "Down with him."

JUBILEE ROAD. MURDER

ADOPTED FATHER

DISCHARGED

"One of the State delegates urged that while the defence of India CONGRESS MESSAGE should not be the subject of experi ment, and that a set programme of Indianisation was impracticable. prevailing opinion might be me: British Government were laid down if the policy now induencing the

New York, Dec. 6. · The cass in 'which a Chinese to General in the Instum vero PRES. HOOVER has changed his gether with three others, was charg plane and has decided to defer el with the murder of his adopted his war debt message to Congress son on the night of September 27 till Inter this week, according to in Jubilee Road was continued bo- the Washington correspondent of fore Mr. E I. Wynno-Jones at the 'AXE" APPLIED IN the New York Times, who adds that Central Magistracy yesterday.

structions.

NEW YORK

of. In-

CITY SALARIES TO BE REDUCED

(THROUGH REUTER'S AGENCY.]"

New York, Dec. 5.

official circles state that the message will refer to the Disarmamint and the World Economic Conference, both of which in Mr. Hoover' opinion are linked with debts,”

Mr. J. A. Fraser Assistant Attorney-General) appeared for the Crown, Mr. P. M. Hodgson repre sented the first acoused (the father), and the other three accused. were defended by Mr. F. X. d'Almada e Castro, ent due to multiple injuries haemorBefore the hearing commemerd yes- rhage and shook,

terday, Mr. Fraser applied for the Chan Chun, a lamplighter, em- released of the first accused, stat ployed by the Hong Kong and ing that be had not suflicient evi- China Gas Company, told the Court denco against him. The accused that he found the body lying against was accordingly discharged.

a post on the night in question. · Ho Medical evidence was given by

The Persian Goverment, were,

Showtime informed that A REDUCTION of G$20,000,000 neked the body, with a stick and Dr. R. G. Begbie, medical officer in the British Government will not in Municipal salaries has been found that did not move. He curge ur Victure Mortuary WHO tolerate any damage to the Comprdered by the Board of Estimates then walked away but did not re- pany's interests. or interference as the first step in the economy pro-port the matter to anyone as he was with their promises or business to gramme necessitated by the City 4 afraid. #ivities-In-Persia.

procarious inances.

The case was adjourned,

stated that he examined the deceas of and found three stab wounds on" his body. The enuse of death was "{Uuntinued on Previqui-Volum↑

ad.

*

4

PISTOL DUEL IN

AMERICA

“་་

Colombus, (Mississippi), Nov. 25,

Italy's present instalment repre-to follow her own policy without ¦-A pistol duel, the cause of which rents interest on the war debt only, taking a load from other Powers, has not yet been explained,, took. It is understood she is not prepared but the feeling, that the payment place in the middle of a busy strent to consider favourably the continu- cannot be continued on the existing phere to-day resulting in the death snice of payments in June, when a sente is very strong.

of Dr. W. C. Brewer, the owner capital return also has to be made.

Tb is generally hoped that the of the Colombus, hospital, and. M Action Will Stabilise the Lira. prompt recognition of her oblign | Charles, Jacob, a prominent busi-

Rose, Dec. G. tion to pay will help to mollify nessman of the city. THE announcement of the Italian U.S. public opinion and also that

decision, before the final Anglo-G850,000 is too small to argan | Police officers said the two men ncountered each other & Dr.

French announcements, was wel about. comed throughout the country as]: The decision is welcomed by Brewer left the hospital and star;-

having, the Italy is determined financial circles proclaiming thated firing away at each other.

(Continued, on next column.) it will stabilise the firs..

Reuter

There is Only One 'Ovaltine'

Nothing more

The world-wide success of 'Ovaltine" has been obtained by shear merit made from milk, malt and egg--with a cocon flavouring They are combined in scientifle proportions to produce a perfect food- fresh and creamy from English farms

The malt extract English barley

valtine

The milk is

The egg come from our own farma trom the best

Only the best is good enough for 'Qvaltine.”. There is nothing like it or just as good.

selected sources It stands supreme –

OVALTINE

Ensures Sound Natural Steep..