1933-07-05 — Page 9

CHINA'S URGENT

NEED

Real Revolution

Necessary!

HU HAN MIN'S VIEWS ON PRESENT SITUATION

CANTON, July 4. CHINA today needs a real revo

lution and not sectional peace, while the struggle for the national revolution can be carried on with- out reliance on physical strength or territorial holding. This is the sub- stance of Mr. Hu Han Min's view which appeared to-day in the Min Kuo Jih Pao, official organ of the provincial Kuomintang.

A summary of Mr. Hu's views

follows:-

Messrs. Shih Ying and Tuan Shib

HONG KONG DAILY PRESS. WEDNESDAY, JULY 5, 1933

STRANDED ON A ROCK OF GOLD!

CONDITIONS OF ADJOURNMENT

Three Alternatives Before Bureau

VIOLENT ANTI-AMERICAN

FEELING

London, July 4.

The Conference is stranded on rock of gold. As anticipated the deadlock created by Roose- velt's declaration has been found

ADJOURNMEN

OF CONFERENCE

NOW INEVITABLE

ROOSEVELT'S SHOCK TACTICS

·UPSETS GOLD COUNTRIES

AMERICANS INTEND TO OPPOSE

ADJOURNMENT

ེ

Paug (Nanking's delegates sent to insuperable and it now only re- FULL BUREAU MEETING TO DISCUSS

ditions adjournment will take place,

There are three alternatives Facing this afternoon's Bureau meeting.

Hong Kong to interview Mr. Humains to decide upon what con- Han Min) made a statement it Nanking saying that after seeing me all misunderstanding has been drared. I wish to stress that there is n' misunderstanding whatever.

For the past two years, I have raised strong objections to Nan- More king's surrender to Japan. recently I oppose Nanking's big foreign loan contracted in defiance I take ex of people's livelihood. ception to these measures on solid grounds hence there is no mis- understanding.

Firstly: complete abandon- ment.

Secondly to keep a skeleton of Conference machinery operating. Thirdly: to adjourn after authorising the chairman to re- Messrs. Tuan and Shih told ine convoke the meeting, when stabi- that because of the Tangku trucelisation has been secured., Mr. Wong Ching Wei,, President of the Executive Yuan, and Mr. Sun Fo. President of the Legislative Yuan, did once send their resigna tion to General Chiang Kai Slick

(Chairman of the Nanking Military Commission), who, however, urged them to remain. So Wang and Sun stayed at their job. I believe that if they were sincere in their inten- fion to resign, they could leave their posts..

K

Tangku Armistice. Mr. Wang Ching Wei, being Pre- sident of the Executive Yuan, must be responsible for the Tangka Armistice. In, fact, when he passed through Hong Kong 1 urged him t to go to Nanking and become apa in the scapegoat of the militar- ists as in the Shanghai truce pael. If he did not go to Nanking, the

The third alternative holds the field in the lobbies, as the best | method to be followed.

Since adjournment is directly due to currency stability, it is practically certain a formal date for reassembly cannot be fixabled.

SPECULATION RIFE. Speculation is rifle at to whe- ther any sub-committee can use- fully continue working at South Kensington or elsewhere.

The best commentary on this subject is all most promising, as the sub-committees have already been stifled directly, or indirectly, owing to the American attitude, as for instance the monetury.

traitorous militarists would have only themselves to blame for sign- ing the humiliating Tangku armis-silver, and commercial sub-com-

tive and could not hack" to others.

Members of the

the mittees are all moribund.

pass

Kuomintang

IMPORTANT QUESTION

London, July 4.

A meeting of the Steering Committee of the Bureau of the World Economic Conference this morning decided to re- commend the Bureau to call a plenary session on Thursday, to adjourn the Conference,

PROPOSED BY M. COLIJN

The adjournment was proposed by M. Colijn, supported by M. Hymans and M. Bonnet.

The meeting was attended by Mr. Macdonald (Chair. man), Mr. Cox, M. Bonnet, M. Hymans and Mr. Run- ciman.

Mr. Cox did not vote.

It is understood the Americans intend to oppose the. adjournment.

The sub-committees, which can usefully operate, will continue until Thursday.

SHARP CONFLICT OF OPINION

New York, July 4.

A sharp conflict of opinion be- Among the committees which

tween the President and the should not be tools of those who it is suggested might be kept in U.S. Delegation over the pros wish to sell the country but must action is the Wheat Committee, pects of the World Economic adhere to high honour and sound while the Committee on produc-Conference is suggested in Press principles. We should recognize tion and marketing night also counter-revolutionary militarists as our enemies. These two points are be kept going, the idea is being important. It is also necessary to canvassed that committees might train new members to carry on the find a temporary home at Geneva national revolution in harmony as the countries represented with the spirit and intention of Dr. Sun Yat Sen.

After listening to my views, Messrs. Shih and Tuan admitted

thereon already have an organisa- tion there, and the expense of a separate organisation in London

would thus be saved. Reuter,

that it is a mistake on the part of Mr. Wang Ching Wei to resume Government Office in Nanking. -A MAJOR CALAMITY. They agree that it is grave Individual members of the U.S. blunder for Mr. Wang to become a tool of the militarists in concluding delegation view Pres. Roosevelt's the Tangku armistice, as he could pronouncement as "Major not see what is right and wrong. This blunder, Mr.Tuan believes, may be due to Mr. Wang's poor

health.

Will Not Go to Canton.

Calamity."

reports.

casioned considerable

surprise

among members of the Delegation.

While, in the face of President Roosevelt's statement, gold cokin tries strongly feel that there is not a great deal their Ministers can do at the World Economic Confer ence, it is stated that it is possible that the economic experts might be asked to continué discussions.. A

The Roosevelt Cabinet, at 4. meeting aboard the cruiser In-full and frank disscusion is antici.. that thepated at the meeting of the Bureau dianapolis, decided World Economic Conference of the Conference today. should continue despite dissatis- faction in gold countries with the American policy, according to the Annapolis correspondent to the Herald Tribune?"

On the contrary, & London: correspondent says the delegation has formulated the opinion that further participation is useless, as even if the conference continues no support could be given to tariff, ents.

ANXIOUS TO AVOID

RESPONSIBILITY.

divided between the second and They are now understood to be third alternatives if adjournment Then I was asked whether, the finally carries the day. Though South-West could assume the res- officially the delegation will op. ponsibility in saving the country and when I should go to Canton to pose adjournment.

The It is known that" some of the assume leadershio in government affairs. In reply I emphasized that U.S. delegates are feeling the China to-day needs a real revolu- position is too anomalous to en- tion according to the principles of able them to make any progress Dr. Sun and not a sectional peace. We have to save the whole nation on the ground that Roosevelt's and not only a part of it.

statement has created such a

I have taken part in the national revolution for several decades but never depend on a section of phy- sical power or a portion of terri torial halding for support. Nevolu tionary comrades will not sacrifice revolutionary principles and will ucceed by adherence to such high ideals,

II I to Canton, thea 1 am looked unon just like Mr. Wang Ching Wei for relying on territori al power and physical support,

Therefore it is unnecessary for me to go to. Canton.-Central Press

COPPER COIN DUMPING

TO BE STOPPED AT CANTON

violent anti-American feeling that little could be accomplished.

Reuter.

NO EFFECT ON FOREIGN ·

EXCHANGE

London, July 4.' Hope of achieving stabilisation

дауб newspaper

the

Cabinet is anxious to avoid the responsibility of a breakdown.

!!

ROOSEVELT'S

MY POLICY

London Press Comment

London, July 4. Speculations regarding the out- come of to-day's meeting of the Bureau of the World Economic Conference form the chief topics of the morning, papers.

"

While President Roosevelt has not had a good press in London, denunciations of his attitude are by no means unanimous.

TheDaily Herald,' on the contrary, hails it as the first de. finite pronouncement by the head of a great country in favour of a currency adapted not to chance exigencies of the supply and dis- tribution of a certain metal, but to the economic needs of the nation."

GOLD COUNTRIES' ULTIMATUM.

are

to

RETURN TO GOLD

STANDARD

Britain To Choose Her Own Time

LONDON, July 4.

"THE Government in House of Commons, to-day, reiterated that x return to the gold standard was Britain's ultimate objective when the proper conditions were assured, but (stated Mr. Hore Belisha) "we must reserve con- plete liberty to choose our own time of parity." He noted the questionens statement that a large of volume of business opinion in Britain felt that an attempt to stabilise means of exchange with out first ensuring there was adequate volume of trade would be a reversal to proper procedure, and harmful to our commercial inter- esta-Reuter."

ΑΤΤΕΜΡΤ ΤΟ

CROSS ATLANTIC

بر

همه

MOLLISONS NOW READY

RN

LONDON, July 3. MR. and Mrs. J. A.. Mollison, the famous fliers, took off from London in

their aeroplane the "Seafarer". for Pendine Sands in Wales.

NON-AGGRESSION PACT

Peace Agreement

With 7 Powers

SOVIET READY TO SIGN WITH ALL NATIONS

LONDON, July 4

A NON-AGGRESSION Pact has

been signed in London between the Soviet, Afghanistan Estonia," Latvia, Pérsia, Poland Rumania and Turkey. The Pact consists of ive Articles and one Annexe.

It defines an aggressor as arstly, the State which is the first to de clare war."

Secondly, a State" which invades territory without the declaration of

war

with land, sen or air forces, troops. Thirdly, a State which atlaska ships or aircraft, another State.

Fourthly, a State which blockades the consts and ports of another

State.

Fifthly, a State which supports armed bands in its territory which invade another.. Stats, and refuses on request of the invaded State to take proper steps in its territory to suppress such bands,

The Annexe stipulates that no consideration of any kind wil serve as a pretext or justification for aggression,-Reuter.

Litvinoff Statement,

LONDON, July 4. M. Litvinoff, the Soviet Foreign Commissar, in a statement issued simultaneously with the non-aggres- sion pact, explains that the pre- sent definition of aggression was submitted to Geneva but found in- covenient, and embarrassing to cer- tain States..

It is reported that the gold countries

likely demand the stabilisation of the

Pendine Sands will be the start- Therefore, it was desirable to pound as a condition of the.

ing point of their proposed non-embody the definition of agression continuance of the Conference, stop flight across the Atlantic, to in a convention for a limited num failing which the Conference will New York.

bor of States. be adjourned after reaching the. Mollison is the only airman who Mr. Litvinoff states that the con

thevention constitutes a new linkin largest measure of agreement pos-has, ever flown solo across

No the chain of Soviet measures to sible and appointing a committee Atlantio from East to East.

woman has ever crossed in that systematically reinforce the peace- to prepare the basis of the re-direction. British Wireless. ful, relations with their neighbours," sumption of the conference when

and the Soviet is ready to sign a similar convention with all nations. currency stabilisation

Router,! possible-Reuter

becomes

SILVER MARKET

¡From Our Own Correspondent.)

LONDON, July 4. FOLLOWING ARE THE SILVER QUOTATIONS ON THE

LONDON 'BARKET' TO-DAY:

SPOT

July 4

181

July 3 18:9/16

FORWARD 19 18.11/16

= 13

The London on New York cross rate to-day was: $4.482.

It is stated that there is every possibility that the apparent in consistency of President Roosevelt's statement with the fact that the Preparatory Commission put the currency questions well in the foregres front, will be raised.

PIT EXPLOSION- IN GERMANY

EIGHT PEOPLE KILLED: MANY HURT

BERLIN, July 4. A SERIOUS explosion occurred yesterday in the coal-washing works attached to the Blumenthal Pit, near Recklinghaus,

In the first blast, eight of the workmen were killed and a larger number seriously injured.

The explosion was followed by a fire which destroyed the machinery. and part of the building.

1.

was

Fire fighting equipment brought" from several parts of the

******* | Ruhr region to cope with the out-

break, which was soon got under

was the result of the explosión.-- Reuter.

M. Bonnet, leader of the French SOVIET CHARGED control. The most serious damage Delegation, returned to London at midnight, and immediately drove to the hotel where the French de- legation is staying-Reuter.

Forced Olearing Decree by

Holland.

THE HAGUE, July 4. A Dutch Government decree will be issued shortly making it possible to take, forthwith, necessary steps "for forced clearing with any country which restricts interna- tional payments.-Reuter."

where

war

On the other hand the," New

Dollar Slumps. York Times "says that President

LONDON, July 4. Roosevelt is willing to take any

There W#8 A sharp break u responsibility for its failure if the sterling-dollar quotations: yes American attitude should be! blamed, but official circles are of terday morning. They slumped to

4.48), but recovered later to 4.434.

In the Stock Markets here, after the opinion that foreign countries! cannot safely leave the Con- a quiet opening, firmness was dis- plaed in certain industrials, South ference,

African mining shares and oils,

securities, Mr. Hull at this morning's Gilt-edged having been already abandoned, meeting of the U.S. Delegation changed, were easier, with the decision of the Steering Com-reminded the delegates that the loan, 34 per cent., at 98 7/8. inittee hitherto has not affected work of the Conference must go "on and the work must be concen- foreign-exchange markets which

trated on raising prices through- merely continued. Yesterday's

out the world. movement against the dollar, which opened at 4.48) quickly touched 4.53 (a new low record since Britain abandoned the gold standard), but later recovered to 4.47 as a result of contimental buying.

CANTON, July 4..... A pessimistic outlook prevails BOTH the city government and and, owing to violent movements, the provincial department of business in dollars is most difficuL treasury will make a joint effort to check the dumping of copper coins test to transact-Reuter into this city. As a result of this U.S. DEDLEGATION ANNOYED, dumping one silver teneent piece is equivalent 22 copper coins

London, July 4. instead of 18 as before.

The U.S. delegation is annoy- Copper coins are depreciating in ed at the suggestion of blame for value, because they are imported here from certain outlying counties the proposed adjournment as it and other provinces. This dump belongs to Pres. Roosevelt for ing hurta particularly the hawkers planning a sensational move, who are dealing in this specic,

At this afternoon's bureau The city Government and Finance Department will send inspectors to meeting this is expected to take wharves and railway stations to the form of a concrete proposal search incoming passengers who to the Conference as an indication may bring with them copper coins of their desire for co-operation. in their baggages,

Every effort will be made to stop One suggestion is the proposal this import, and the Government will have a direct bearing on is co-operating with the Chamber raising prices throughout the of Commerce in this direction, world-Reuter. Central Press...

British Wireless Service,

WITH SPYING

Suspicious Actions In Japanese Waters

TWO RUSSIAN VESSELS SEIZED

Tokyo, July 4. Another incident has occurred to provide source of dispute be tween Japan and the Soviet:

1

Two Soviet vessels, one steamer of four thousand tons, have been seized and a number of Russians have been taken into custody.

Allegations of spying have been laid against the Russians in-

volved.

KING AND QUEEN VISIT DERBYSHIRE

LONDON, July 3.

"WE HAVE NOT FINISHED YET"

London, July 4, What is described as the **Litvinoff Coup," namely, the Soviet Non-Aggression Pact, is the source of considerable com- ment in the lobbies of the World

Economic Conference

When questioned why there is ho mention of Japan, China and Manchukuo, the Soviet official smilingly replied: Ah, but we not finished yet."- Reuter.

SALE OF C.E.R.

Soviet Willing To Sell

FOR 20,000,000 GOLD

ROUBLES

Tokyo, July 4. Their Majesties, the King and The Soviet Embassy have Queen, left by the Royal Train this issued a detailed memorudun afternoon for Derbyshire. They will be the guesta at Chatsworth Hall, of the Duke and Duchess of Devonshire-British Wireless Ser-

vice.

UNREST IN GERMANY

THREAT TO SUPPRESS REACTIONARIES

Heichen. Hall.

lation,

Hitler's warning follows a rum our of dissatisfaction among his Storm Troops and growing unrest among large sections of the popu

The Propaganda Ministry offici- They arrested thirty Russians ally denies the report that 200 and announced their intention of į insubordinate Storm Troops have

camp: near Munich-Reuter. taking the seized vessels and the been confined to a concentration

BERLIN, July 4,

Gold Countries' Statement,

The story is related in aA THREAT to suppress ruth- lessly, not only all reactionaries LONDON, July 4 message from Otaru, which says but all those attempting a second President Roosevelt's rejection of that following reports that Soviet revolution," was made by Chancel the proposals for temporary stabi- BUREAU MEETING FIXED lisation, was closely discussed by subjects were spying in the lor Hitler, in the course of a Mr. MacDonald, who neither the delegates to the World Econo- Kuriles, a party of armed Japan- speech to Nazi leaders at the

day.

Soviet steamer and a 100-ton supported nor rejected the ad-mic Conference throughout yester cse police seized a 4,000-ton The subject was before the meet- Soviet ishing-boat off Makkanro, Journment suggestion, said that the experts had had no time to ing, yesterday morning, of some of an uninhabited islet south-west the leading British Dominions' de- consider questions of a conference legates with the British Prime of Paramushiro. on a fresh basis in the light of Minister, Mr. Hamsay MacDonald, and yesterday evening, the United Pres. Roosevelt's declaration.

Kingdom delegation met at the A meeting of the full bureau is House of Commons to consider the

arrested.men to Nemuro. understood that if adjournment After the conversation between officially fixed for 4 p.m. It is situation which has arisen.

The Russians claim they were is adopted, as now seems in the delegates of European countries merely supplying water and pro- evitable, the bureau will remain whose currencies are based on gold, visions to the Soviet crab-canning in being to keep the conference

the following statement was issued ship which stranded off Makkanro

"The undersigned Governments machinery intact.Reuter. are convinced that the maintenance late in May, but the Japanese of their currencies is essential for assert their actions were most the economic and financial recovery suspicious and tantamount to spy- of the world and of credit, and for ing and invading Japanese terri- The American Delegation has de- the safeguarding of social progress torial waters.-leuter. cided to oppose any movement to in their respective comptrics, and adjourn the World Economic Con-confirm their intent to maintain the ference at its present stage. The free functioning of the gold stan- Delegation. is divided on the ques-dard in their respectiva countries maximum efficacy to this declara-

at existing gold parities and within | tion!" tion of the withdrawal of Bastos the framework of existing mone-The declaration is signed by the which is viewed as conflicting with banks to keep in close touch to give the Netherlands, Poland and Swit Key Fittman's monetary resolution

itary laws. They ask their central delegates of Italy, France, Belgium, president. Roosevelt's ... – statement. I The president's statement has oo (Continued at foot of next column) zerland, British Wireless Service,

America Opposes Adjournment. LONDON, July 4.

MACAO BUDGET BALANCED

RECORD OF PORTUGUESE COLONIES

LIBBON, July 4,

regarding the C.E.R. negotia tions, in which they state the Boviet is willing to sell her right for 20,000,000, gold roubles.- Reuter.

Men and womeni who realize that appearance counts always have well- polished shoes.

Did YOU "Nugter

shoes, this momk

NUGGET

ALL Portugal's colonies, have B001.

achieved Budgets, which are either balanced or showing substan- tia surpluses for the cotning year. The Portuguese Budget showed The Macao and Tim surplus of 2,000,000 20 are balanced. Reuter

Rots

POLISH

"GOOD"" ·LOCAL STO

STOCK