1933-07-20 — Page 9

PITTMAN'S AMBITIOUS

EFFORTS FAIL

GREATER USE OF SILVER IN MONETARY CIRCULATION URGED

UNITED STATES DOLLAR AT PARITY

WITH STERLING

London, July 19.

Senator Pittman's ambitious efforts for the inter- national control of silver has failed.

The Silver Sub-Commission to-day adopted a report advocating the greater use of silver for monetary circula- tion, recommending that restriction be discussed by the producing countries.

The dollar declined to 4.87, bringing sterling to parity for the first time since Britain's abandonment of the Gold Standard.

Dollars were offered generally. The advance in sterling somewhat adversely affected commodities, but the Stock Exchange was not affected.

SUBSTITUTION OF SILVER FOR LOW

VALUE PAPER

CURRENCIES

CHINESE NEWSPAPERS.

COMMENT

NOT MUCH FOR CHINA!

The silver resolution advocates * agreement between silver producing countries and countries which are the largest holders with : 'vies to niitigating price! Auctuations and requests other |

"Witli 66 nations in attendance nations to refrain from measures the World Economic Conference affecting silver.

has been in session since June 12. The resolution also urges gov-Our Minister of Finance has been ernments to refrain from further debasing silver coinage below a fineness 800-1000 and recom- mends the substitution of silver for low value paper currency.

These recommendations are subject reservation and govern- ments may take any action neces- sary to prevent the flight or "destruction of silver coinage con- sequent to a rise in silver above parity. Furthermore, the recom mendations lapse in April next unless silver agreement is reached, which itself must not extend beyond 1937.

INSTRUCTIONS TO JAPANESE DELEGATES

a

Tokyo, July 19. The Japanese Government has cabled Ishii, chief delegate to the World Economic Conference, in- structing him to visit the prin- cipal cities in Europe and see the leading statesmen of various countries till he returns home in September..

present and would have presented suggestions designed to secure the co-operation of nations in order to

restore prosperity to China, we

HONG KONG DAILY PRESS. THURSDAY, JULY 20, 1933

WISH TO END FEAR OF HOSTILITIES ARSON CHARGES CHINA AND THE

TARIFF WAR

EMPIRE UNITY

DESIRED

London, July 19. The Government will be urged, next week, in the House of Com- mons, to end the tariff war against the Irish Free State, and 2 Government statement is expect ed next Thursday.

The Daily Express `` states that the Dominions delegates to the World Economic Conference, especially General Jan Smuts the South African Premier have been working to remove the restric- tions.

The President of the Irishr Free State, Mr. Eamon de Valera is represented as less uncom- promising regarding Empire arbitration.--Router.

ATTEMPT ON PIC- CARD'S RECORD

HOPE TO SOAR 17 MILES ABOVE THE EARTH

IN THE NORTH

JAPANESE TROOPS CONCENTRATE ON JEHOL BORDER

FENG DETERMINED TO RESIST

JAPANESE ATTACK

Peiping, July 19, For the first time since the Charhar embroglio began mediators on various sides admitted to-day their inability to continue their efforts, while the opinion in Chinese circles is that the outbreak of hostilities is a mere ques- tion of time.

Feng Yu Hsiang is reported to have declared that in the case of hostilities he can easily hold out at Kolgau for one month.

There is much speculation" regarding the attitude of General Sun Tien Ying whose main forces are still on the Peiping-Suiyuan Railway, allegedly awaiting transportation to Paotow en route to Chinghai. Gen. Sun has repeated- ly declared that his troops will depart as soon as sufficient rollingstock is available and it is feared hostilities be- tween Feng's men and the Central Government troops will break out the moment General Sun's forces depart. Reuter.

NANKING SAYS FENG SHOULD RETIRE

Chicago, July 19. Professor Jean Piccard will today try to beat the record of his twin brother, Professor Auguste Piegard, the Belgian scientist, by sailing 17 miles into the strato- sphere with Lieut. Seattle of the

Peiping, July 19. United States Navy.

Nanking troops under Lieut.- hermetically They will use sealed ball made of down-arrived at Hsun, Fa on the Pei- General Pang Ping Shan to-day metal," weighing 14 stone.

Prof. Auguste Piccard and his assistant, M. Max Cosyns, reach ed a height of 10 miles on August 18, last year, beating the altitude record he set in 1931 by 919 meters.

hear. The conference has been in session three weeks and we do not even know whether these sugges The 1932 attempt was made tions have been presented or, if from the Dubendorf Aerodrome, presented, how many countries ex-

near Lurich, the balloon landing tend their sympathy towards us. The only news we have received is 12 hours later near Lake Garda, that Mr. Soong is returning to after crossing the Alps.-Reuter. this country.

the

FASCISM IN FRANCE

TARDIEU LEADS NAZI-

ADHERENTS ....

Paris, July 19... The Nazi movement that is taking form in France is in no way different from Fascism or Hitlerism.

The world can be divided into two groups, the strong and the weak or small countries: the world of oppressing countries and the world of oppressed countries: the world of freedom and equality and the world of slavery and un- equality. But there is only one world in the eyes of the strong countries and that is their own world. Thus most international conferences are designed for benefit of the big countries, to settle their own difficulties and to put the weaker ones under an effective yoke. China is one of the weak and oppressed countries and how can she escape from the rule of the

Following the vote of the strong countries. Ignoring these Socialist National Congress, facts the Chinese government has catracising 80 deputies under M. been trying to send delegates to Rehaudel

for supporting the every international. conferance,

on Government hoping that our position and pre

the Military Kadono, adviser to the Japan- stige might be improved thereby. Budget, members generally are ese" Delegation, has been in-But in effect our delegates and our declaring that they will follow structed to stay in London to prestige have always been insulted their own consciences rather than

and the results of the conferences the dictates of the Party, participate in the forthcoming always contrary to our expecta- Anglo-Japanese trade conference tions. The Paris Peace conference Fascism among the Right as her delegate.

is the best example of this group has been shaping for some Though China helped the Allies months past under M. Tardien German and M. Flandin and interesting developments are to be expected now that the Left Group is fol- lowing the same trend-Reuter,

the

It is understood that Japan with 100,000 men will be represented by the Em-rights in Shantung, were trang- bassy staff on the reassembly of ferred to Japan, China was also the World Economic Conference the oppressed country at the his

toric Washington conference, and are not sending a special delegation...

CONFERENCE BREAKING UP

"The World Conference in Lon- don is no exception to the rule. The conference was called to secura in.

ternational co-operation and to die PRINCESS ROYAL

MUST REST

pose of the economic conference. LONDON, July 18.

What caused that crisis? The real The proposal that the Council

reason was overproduction which of the Longue of Nations caused a lowering of commodity should, at its next session, fix the prices and to raise commodity date of an International Diploma prices and lessen production

ACUTE FATIGUE CAUSED tic Conference of all importing and penses is the only way to recover

BY PUBLIC DUTIES exporting countries concerned, was prosperity. No strong country can approved this afternoon by the be utilised for that purpose and Sub-Commission of the World so the strong countries turned to

London, July 19. Economic Conference indirect the weak.

on

The Frince Royal, Countess China is the world's protectionism. The proposal is be-largest potential market. The of Harewood has been ordered a ing submitted to the Bureau, raising of the tariff schedule and complete rest by the Surgeon The Sub Commission on subsidies tariff autonomy naturally are not apothecary to the Royal House- and bounties also adopted its draft approved of by western powers and hold, Sir Frederick Stanley ing committees report which sum-as far as debts are concerned the Hewett, who saw her late last marises the discussions and records powers will never surrender to the view paints upon the question China, Germany secured a reduc night. of direct and indirect- subsidies,

and particularly shipping sub

cidica

The Report makes it clear that the prospects of reaching useful conclusions were largely affected by the opinion of many delegaten that such, must be conditional upon a monetary stabilisation.-British Wireless.

FINAL MEETINGS

A full plenary meeting of the Economic Commission of the World Economic Conference will be held on Friday, and of the Monetary Commission on Monday.

The Bureau will meet on Tues- day and the final semion of the full conference on Thursday, when six members of the leading delega tions will speak on the results and the future of the conference.........- "British Wireless,

tion of her reparations by She is suffering from acute diplomacy which we lack The fatigue caused by too many public suggestions of weak countries are Soong prepares to return? We always shelved. Is that why Mr.

engagements.-Reuter, hope the nation will begin to res- line that foreign countries cannot help us can lead to real self-government,

Only our own exertions lessening of our foreign debts and the stabilisation of silver.-World Daily News of Peping.

MR. F. ROOSEVELT IN LONDON

LONDON, July 18. MR. Franklin Roosevelt, son of *** the United States' President, arrived by air in London from Paris this afternoon. British Wirden.

AMERICA-ENGLAND

AIR LINE

Lindberghe Map Labrador

ping-Suiyuan Railway which is about forty miles east of Kalgan. Japanese and Manchukuo troops are concentrated along the bor- ders of Jehol. A combined posh against the people's anti-Japanese allied forces under General Feng Yu Hsiang is expected within the next 48 hours.

The

Nanking Government takes the position that General Feng Yu Hsiang should retire and leave, Charhar now that he has captured Dolonor and that since Feng cannot be ejected peacefully, force has to be used.

The Soviet Embassy here has issived a statement denying that Soviet Russia has supplied any provisions or armaments to the people's anti-Japanese forces. The statement charges that such rumourS were circulated by Japanese propagandists.

To dispose of General Feng Yu Hsiang and his anti-Japanese troops, General Chiang Kai Shek, chairman of the Nanking Military Commission, will call another Kuling Conference to-morrow. Mr. Wang Ching Wei, President of the Executive Yuan, General Ho Ying Ching, Minister of War, and Mr. Huang Fu, chairman of Peiping Political Council, will participate in this conference and will form a plan for the elimina- tion of General Feng because of bis "reactionary "activities.- Central Press

FENG CUTS RAILWAY.

Peiping, July 19. It was officially stated yester- day evening that General Fong Yu Hsiang's troops have cut the Suiyuan Railway by destroying iron bridge No. 104, a little this side of Buanhus.

A railway repair gang which visited the scene and, attempted to repair the bridge, was driven off by the troops.fleuter....

$50,000 FOR VOLUNTEER FORCES

1

∙AT OLD BAILEY.

HEAD OF FIRE-RAISING GANG PLEADS GUILTY

London, July 19. A sensational development in the great fire couspiracy trial at the Old Bailey occurred yester day, when Leopold Louis Harris, a fire assessor, whom the prose- cution had described as the "head of a fire-raising gang," pleaded guilty pine charges of arson and also

some other charges.

to

He and another accused, Louis Jarvis, who also pleaded guilty" yesterday on certain counts, were allowed bail of £20,000 each.

Four others pleaded guilty during the course of the trial, leaving 10 who pleaded not

"still on trial.—Reuter. guilty

11

DISPUTE OVER C.E.R.

COUNT UCHIDA REFUSES TO MEDIATE

LEAGUE

RAJCHMANN'S FUNCTIONS.

DECIDED

PARIS, July 18.

DR. L. L. Rajchmann, the Dires- tor of the League of Nations Health Department expects to leave Paris for China within week or so, possibly accompanied by Mr. T. V. Soong.

His task is to coordinate tho technical and advisory work being carried out in China under the League of Nations auspices, the appointment having bean made at to-day's meeting of the Leaguo Sub-Committee.

The Committes decided that Dr. Rajchmann's functions would be (1) To supply information both ways, from Nanking to Geneva and vice versa, to send frequent* interim reports and detailed quar! terly reports to the Secretary-, General of the Lengue.

(9) To assist the Chinese Gov-: erament and the National Econo-"

Council to mic

coordinate the activities of Langue of Natións ad- visory experts in China.

Dr. Rajchmann's appointment is The for the period of a year. Chinese Government will pay his salary and expensos.

It is emphasised that his powere are technical and not political and that he will have his headquarters in Nanking.

the past ten years.

Dr. Rajchmann is not a stranger to China. He has visited the Fars Tokyo, July 19. East frequently in the course of: The conference supposed to be work on behalf of the League in ongaged in negotiations for the The League Committen respon sale of the Chinese Eastern Rail-ible for making the appointment way by Russia to Manchukuo is will meet regularly at Geneva, he has been doing his beat to gain making no noticeable headway. Probably on the receipt of each public sympathy purely through

Up to the present, it is gather-quarterly report from Mr. Rajch. propaganda. Manchukuo troops and the Peiping almost entirely upon the question tent at

Between the fires of the Japanese-ed, the discussions have centred

Mr. T. V. Soong, who was pre

the meeting with Dr. troops Feng seems likely to be of ownership, upon which the Wellington Koo, expressed satisfac- viewpoints of the Manchukuo de- tion at the League's readiness to assist in the reorganisation of legates and those of the Soviet are China. widely divergent.

"cleaned up 77

very shortly unless

deports towards the de un or capitulates-Herter.

SOUTH-WEST LEADERS APPEAL

TO NANKING,

Nanking, July 18. In identic telegrams addressed to Mr. Wang Ching Wei, Dr. Sun Fo Mr. Yu Yu Jen and Mr. Chu, Cheng, President of the Executive, Legislative, Control and Judica Yuan, respectively, General La Tsai sin and General Chen Ming Shu, two. South-Western leaders praised Marshal Feng Yu Heiang for the defence of Charhar and appealed to Nanking lenders to halt the ad- vance of Peiping troops into Char har in order to the save national strength."

Mr. Wang Ching Wei in his reply despatched to-day states that re- gardless of Marshal Feng's motives, the Charhar situation is fraught

with dangerous possibilities. Mr. Wang pointed out that Marshal Feng's forces took Doloner from defected Manchukuo forces and not from Japanese troops. He express- ed the hope that Marshal Feng Yu Hsiang will surrender his military and political power, in Charhar to the Central authorities and thereby clarifying his attitude. Finally, Mr. Wang Ching Wei requested General Chen Ming Shu and General Li Tani Hain to urge Marshal Feng to do so. Reuter.

お店もおおおおおおおおおおおおお

SILVER MARKET

(From Our Own Correspondent).

LONDON, July 19. FOLLOWING ARE THE SILVER QUOTATIONS *ON THE LONDON MARKET TO-DAY:

July 19

SPOT...T 18.0/18

FORWARD...... 18.11/16

July 18.

181 187

THE LONDON ON NEW YORK GROJA, RATE TO-DAY WAS: £1- $4.80.

TERRITORIALS AND REGULARS

CHANGE IN STATUS IN WAR- TIME

are

London, July 19, TERRITORIALS enlisting after

October 31, this year, either in Regular or Territorial liable, in the event of war, to serve

units,"

CANTON, July 18. and Assistance to the Volunteers The Association. for the Ralie!

has decided to remit 850,000 to the forces under General Feng Yu This important decision of the Hsiang as encouragement for their Army Council withdraws the pledge recapture➡f Dolouer in Charbar. | hitherto given to Territorials, that The remittance will be accompani- they will serve overseas only with ed by a telegram congratulating their own units.-Beuter. the patriotism and military - Success

of

the anti-Japanese forces. Central Press.

DEFINITE REVOLT.

Peiping, Later. Fong Yu Hsiang appears to hate definitely thrown down the gauntlet by destroying the Suanhua Bridge in order to prevent the advance of the Peiping troops.

He is now definitely in revolt and seems likely to be dealt with us a rebel.

W.E.C. DELEGATES ENTERTAINED

Luncheon With The King And Queen

NEW YORK, July 18.

LONDON, July 18. OPERATING from Cartwright,

The British Empire delegates Labrador, as a base, Colonel

to the World Economic Conference were entertained by the King and Mrs. Lindbergh to day made a four hour aerial mapping tour in

and Queen at a luncheon in the connection with the proposed nor

State Dining Room at Buckingham thern air mail and passenger ser- The attitude of the local autho- Palace, vice between England, Canada and ritics is clearly set forth in a com There were fifty guests Mem- the United States.

munique in which tho official berr of the Royal family included Persistent fog in at present pre-spokesman says "Feng has tried to the Prince of Wales, and the Duke venting the Lindberghs from going deceive the public under the dis-and Duchess of York. Britisk on to Greenland-Router.

guise of un anti-Japanese campaign Wireless.

Soviet

Manchukuo denies ownership as far as it concerns the chief assets" of the C.E.R.

MADD.

Mr. Theodore Mariner, Chancel- lor of the U.S. Embassy was pre sent as an observer, in accordance -with the committee's, invitation to America to co-operate in the work.

It is possible, of course, that this is merely preliminary spar-- ring and that it may eventually lead to the main tussle on the question of price.

Mr. Soong was subsequently the guest of honour at a luncheon given by Dr., Wellington Koo, at which all the members of the com mittee, M. Avenol, the League Se

It is reported that M. Yureneff,cretary-General, and the Chinese the principal Russian delegate, Ministers to Holland, Spain and Switzerland were present-Reuter.' approached Count Uchida, Japan- ese Foreign Minister, and asked him to assist the conference in..

a solution. He was reaching told, however, that the time for mediation had not yet arrived: Reuter

and that the Japanese Govern ment will also send a Minister to Afghanistan.-—Reuter.

WE

AFGHAN MINISTER, TO JAPAN

Afghanistan

London, July 19.

has approached the Japanese Foreign Office re- questing that a Minister Pleni potentiary be accredited to Japan, (Vontinued on previous column),

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