1934-02-21 — Page 9

ANGLO-JAPANESE TRADE

NEGOTIATIONS

Lancashire Trade Decreases: Japan's Increases

HONG KONG TRADE ALSO

CAPTURED BY JAPAN"

London, Febi- 20.

The attention of the whole of

Lancashire is centred on the re- LADY

sumption of the Anglo-Japanese cotton talks to-morrow.

At the conclusion of the talks) last week the Lancashire delega-| tion handed the Japanese a note

DOCTOR

ON TRIAL

HONG KONG DAILY PRESS, WEDNESDAY, FEBRUARY 21, 1934.

LATE KING ALBERT

Prince of Wales to Attend Funeral

KING OF SIAM TO ATTEND FUNERAL

Brussels, Feb. 19. It was announced to-day that the King of Siam will attend the funeral of the late King Albert Reuter.

BRITISH SYMPATHY

AUSTRALIAN FINANCES

CRISIS IN ‹ JAPAN

Terms Of New Con- Alleged Acceptance

JJ

version Loan

London, February 20, Terms of the Commonwealth of Australia conversion loam were announced last night.

The

old

clearly setting forth Lancashire's Displays No Interest si Roger Keyes to accompany the placed by seven loans bearing in-

În Proceedings

נו

Of Bribes

The charges include Hatoyama's aileged acceptance of Yen 50,000 some years ago from the Saghallen Industrial Co. as campaign funds, also the alleged distribution of Yen 2,000,000 paid in connection to the recent government steel mer- ger with private companies among Selyukal members,

Tokyb, February 20. The political crisis which has The loan takes the form of 3 arisen in Japan due to graft per cent. dated 1954/1958. The charges made by the Selyukai issue price is 97 and the amount que against the Minister of to be offered is £21,836,550.

Hatoyama. The Education,

involving loan is to be offered under con- several other government mem- version terms to holders of 5 per bers is the result of the clique's cent, New South Wales loan 1032/ determination to oust the govern- 1942, 5 per cent, Victorian Loan ment. 1932/1942 and 5 per cent. Queens- London, Feb, 19. land Loan 1934/1936. Including The Prince of Wales will repre- sent King George at the funeral of Commonwealth

the present, issue 109,849,086 of state loan will King Albert and according to pre-have been issued since October sent arrangements, he will leave 1932.

rate of Interest for Belgium, probably by air, on

varied from a minimum of 5 per Wednesday.

cent, and a maximum of St per The King has requested Adriliral cent. The loans have been re-

Hatoyama refuses to resign Prlate.

terest varying from 31. per cent. pending a House of Representative Flags flew at halt-mest on all and 4 per cent, the total of which Saito seems determined as ever, to committee investigation. while public buildings in London to-day

18 approximately £2,500,000 in and in the press eloquent tributes Australian currency-British Wire Chicago, February 19.

less Service. are paid to the memory of the late The trial of Dr. Alice Wyne-King who was a frequent visitor koop, charged with the murder in to England where he was univer- Chicago surgery of her sally respected. The Court went

Wyne-into mourning.

Officers of the Guard on duty at: be recalled that the Buckingham Palace wore crepe To-morrow is expected to reveal trial was commenced in the mid-] mourning bands and mourning how far the Japanese are prepar. dle of January and brought to a was worn by officers in Parliament, ed to advance from the opening dramatic end by the Judge's de- the Speaker of the Commons hav- position, but latest indications are claration of a mistrial in view of ing white lawn cuffs to his court that the Japanese delegation are the ill-health of accused, render-dress and the sergeant-at-arms, Ret prepared to concede much-ing her unfit to defend herself. Reuter.

To-day. Dr. Alice Wynekoop was An examination of cotton ex. clearly in an improved state of

health. ports to Crown Colonies reveals a staggering Japanese advance in West Africa which is Lancashire's! most important export market.

contention that any agreement should cover world markets, this being in direct conflict to the Japanese opening gambit which took the form of a demand for a limitation agreement to Crown Colonies, such imitation which s most unacceptable to Lancashire would mean only ten per cerit of daughter-in-law Lancashire's export markets are koop. was re-opened to-day. discussable.

1.

It will

Rheta

She pleaded not guilty. accused said she was still feeling Asked questions by the Court,

feeling fine.

little ahaky, but otherwise was

the trial which centres round the She displayed ittle interest in

discovery of the dead body of her

Lancashire exports declined last year from 159 to 102 million yards. and notice was given some months; ago to denounce the most favour ed nation clause as stemming Japanese advance.

Japan made equally starting parently been shot after having inroads in ather colonies.

been rendered unconscious with Ceylon Lancashire exports an anaesthetic.-Reüter.

In

a step to daughter-in-law in the Wynekoop

surgery, The victim had

declined from 32,100,000 yards.in

1927 to 15.800,000 in 1932, while

Japanese Agures increased

from

ip-

6,100,000 to 40,400,000 yards. MOTOR BANDIT

Japanese exports to Sudan In- creased from 35 million yards in 1929 to 42,200,000 yards In 1932. while Lancashire: exports fell from 11,100,000 to 8,800,000..

Japanese trade in Kenya and Uganda rose between 1928 and 1932 from 14.600,000 to thirty million yards, Lancashire trade falling from 9,500,000 to +5,700,000.

DRAMA

Taxi - Driver Commended

London, February 19, The public-spirited action of a In the same period Tanganyika London taxi-driver, Mr. William imports of Japanese cotton rose Tyrrell, who deliberately drove his from 9,200,000 to 21.900,000 yards: cab into a large saloon Lancashire trade being reduced to which

car in three bandits, who had hat at 4,600,000 yards,

Taided a West End Jewellers shop. Lancashire exports Hong were attempting to escape, was Kong last year tell from 52.866,800 warmly commended by the Home yards to 18,638,300.-Reuter.

Secretary in the House of Com- mons yesterday.

to

H.M.S. EAGLE WIN

Selangor Rugby XV. Outclassed

ATTRACTIVE PLAY AT KUALA LUMPUR

Kuala Lumpur, Feb. 10.

Mr. Tyrrell has beer. personally thanked by the Police Commis- sloner. He will be reimbursed for the damage to his taxi-British Wireless Service.

"TRAIN SMASH

IN ITALY

Most Serious In Many Years

קן

Rome, February 10.

The worst accident on the Italian railways in many years

H.M.S. Eagle's Rugby team gave occured near Livorno to-day when

an exhilarating display on

the it least sixteen persons Were Padang today against a strong killed. Selangor side, beating them con- vincingly by two goals and a try to all,

black gloves.

:

"

SILVER MARKET

(From Our Special Correspondent]

London, February 20. Following are the Silver Quota. tions on the London market to- day:-

Feb. 20 Feb. 19

201 201 20.5/18 20.9/16 The London on New York cross-

Spot Forward

The Prime Minister, in the Com- mons, announced to a hushed assembly that he will to-morrow move an Address asking the King rate at the closing to-day was House to the Belgian Royal family to convey the sympathy, of

the 5.091.

and people.-British Wireless.

PRINCE OF WALES TO ATTEND FUNERAL

H.M.S.

ta

London, February 20. Curacoa were ordered to proceed Worcester and H.M.S.

from Portsmouth to Dover, last night, in readiness to convey Belgium the Prince of Wales who will represent- H.M, the King at the funeral of King Albert in Brussels on Thursday. Admiral of the Fleet, Sir Roger Keyes, Air. Marshal, Sir John Salmond, Field Marshal Lord Allenby and others

Will accompany the Prince British Wireless Service.

CHINA'S HOMAGE

Nanking. February 20. The Chinese Government has ordered all Government offices throughout China to fly flags at half mast for three days from to-day in mourning for King Albert-Reuter.

..

VATICAN MEMORIAL' SERVICE [Special to the "Hong Kong Daily

Press" (Copyright.)]

Vatican City, February 19. White and yellow flags are flown at half-mast an over the building and the Cardinals all wrote their names in a special book placed at the door of the Belgian Embassy of the Vatican. Service assist- ed by His Holiness the Pope and all the Cardinals of the Pontifcal Court will be held at the Chapel Sixtina on Thursday in honour of the memory of King Albert of Bel- gium. Transocean Kuo Min,~~~

FASCISTS IN BRITAIN

Disturbing Influence. In Disturbances

London, Feb. 20.

The disaster was caused by the collision of a motor-train with an excursion train, the terror of the fact that the motor-train caught affair being accentuated by the ire and blazed furiously immed!- ately after the smash.

Some of the passengers escaped, determined.. Selangor pack stond but sixteen were killed and twelve consequence of the

lajured. backs

From the start the Naval men established a. distinct superiority behind the scrum, where they opened out the game with mono-. tonous regularity and only the

between the fast-moving and the score.

CHANG HSUEH

LIANG

To Participate In Anti-Bandit Drive

Nanking, Feb: 20. Chang Hsueh Lang upon his arrival this morning said he was going to Hankow to two or three days to assume bisney duties and latér would proceed to Pelping to arrange for the removal of his former troops to the south to participate 1 the anti-bandit drive. Reuter.

PANCHEN LAMA SWORN-IN

- Nanking, Feb. 20. The Panchen Lama was sworn Council this morning-Reuter. in as a member of the State

TRADE IN THE

FAR EAST

ANGLO-SOVIET TRADE

AGREEMENT

J

Terms Of Pact Revealed: Old Agreement Qualified

London Feb. 19.. favoured-nation treatment in any A qualification of the usual Empire country. apart from the most-favoured-nation clause, in a dominions which are outside the manner which will not frustrate, scépe of the agreement. the goods preferences or injure home pro- of that country shall receive such duction, is one of the features of

treatment in the Soviet Union. Anglo-Soviet temporary commer- The Agreement is terminable at clal agreement, signed in London six months' notle on either side. on Friday, the text of which is published to-day.

nounced in October. 1932, Arstly, NEW HOME FOR

The previous agreement was de- because it was felt that the usual most-favoured-nation. provisions incorporated in, the agreement did the fact that the foreign trade of not operate satisfactorily, owing to one of the parties was 'onducted by the State, and it was not possible to claim that the mosts favoured-pation provisions

have

ASSYRIANS

Mission Arrives In Brazil

see the budget passed by the House been infringed, on the ground that

a monopolistic State of Peers.-Reuter,

refrained

London, Feb. 19. from buying United

The Kingdom

Mission entrusted by the goods; and, secondly, because it League of Nations to examine land was felt that the obligation under-which

may be utilised for the taken to Canada at Ottawa to

settlement of Assyrians from Iraq, safeguard preference against crea- | atid to ascertain whether it 13 tion or malatenance of low prices likely to meet their special needs, by State action made it impossible has arrived, at Londrina, in the to continue to give unqualines State of Parana, Southern Brazil, most-favoured-nation rights to the which is the chief centre

of Soviet Union.

the Parana Plantation Compauý, The first Article of the new owners of the land in question, agreement is a most-favoured- The

Mission was welcomed "by nation article on the usual lines. the authorities and immediately It is qualined in Article Two of commenced, its work. the agreement, which provides that The League Becretariat hopes to either party may represent to the f.be in possession of the Mission's other that such prices are being first report in "about ten days and created or maintained by the latter a special committee of the League as are likely to frustrate prefer- council wil ence accorded or to injure home Wireless. production,

Larger Use Of Silver Required

a

London, February 20. Yoh Hwa Soong, a Shanghai Chinese businessinan, the first customer at the British Industries fair at Birmingham and who re- Such representations are to be presents a Chinese electrical com- followed by negotiations, and if pany, when interviewed paid these negotiations fall, the first tribute to the all-round superiority party may, at three months' notice, of British electrical apparatus. intimate that most-favoured- The Times" issued to-day nation treatment in respect of Im- special supplement on siiver, Mr. port restrictions and prohibitions David Landale contributing an shall cease to "apply to the goods article on Far Eastern trade em-jin question. phasizes it is impossible to raise commodity prices generally until silver is more extensively used. For countries interested in Far Eastern trade this is a better policy than tariffs or quotas.-Reuter.

MORE BRITISH GOODS. In Article Three, the Soviet 1.

spend more of the proceeds of the Government express a desire to sale of their goods in Britain upon the purchase of British goods, and on British shipping service, and undertake CHINESE POST OFFICE AT provisions set out in the schedule, to give effect to the where it is laid down that Soviet payments are to bear in each year an increasing ratio to Soviet pro- ceeds

until after a transitional period of four years; there is an approximate balance of payments.

KUPEIKÓW

"Peiping, February 20. Official advices state the Chinese Post Office has reopened at Kupelkow after protracted nego- tiations. The. Manchoukuo Post Office remains at Kupeikow but there will be no exchange..

Retrocession of the Pass China is expected on Sunday, Reuter.

BRITISH INDUSTRIES

FAIR

LARGEST EXHIBITION IN THE WORLD

Export Trade Shows Signs Of Recovery

to

London, Feb. 20. the world in bondage were slack- The British Industries Fair was ening. Beginnings of a revival of In the House of Commons Sir opened John Gilmour reported that the White City, London and at Castle road to recovery was no easy one. yesterday at Olympla, trade were taking place,, but the number of street disturbances had Bromwich. Birmingham. doubled in the last six months in

Signs were favourable. We still had as rich assets the great.: national resources of the world capacity of men and machines to and the immense and improved

convert those resources into in struments of human well-being.

uniforms by political

serious attention of the Govern-

largest national trade fair in the

Since the first, fair was organis-- wearing of ed by the Board of Trade in 1915 The motor-train suffered most which question was engaging the grown tenfold and is now the The first try was

parties, this annual trade exhibition has scored only just before the inter-everely in the crash. only a few val, when Neale cut through beau-

minor injuries occurring

agment. This statement is under .tifully

the corner sengers on the blger train stood to refer to the growth of the to score near flag. This was unconverted.

Fascist movement.Reuter. In the second half, the Selangor" forwards made á determined spurt

Reuter.

early on, but spent themselves AMERICA AND

against the brick wall of the nuval

defence,

superb..

whose tackling

Half-way

through this

ין

Wils

hali. playing a dazz-

li

SILVER

Eastman, who was a glorious Mints Receive 230,603

behind the posts after beating half

a dozen Selangor defendera, Hogg converted from an easy angle. Towards the end, Mounton, taking possession in his own half, sold a dummy and, swerving beautiful- ly, scored far out, and Hogg con verted with an excellent kick.

Selangor pressed towards the end, the forwards being prominent but a number of determined drib bles failed to get over.

Ounces In A Week

Washington, February 19. The Federal Minta are receiving dance with the President's offer large quantities of silver in accor-

THE SILVER AGREEMENT

world,

Invitations to visit it during the next ten days have been accepted by buyers from 64 different coun- tries.

A YEAR OF DEFINITE CHANGE

Mr. Walter Runciman, President Up to the time last evening of the Board of Trade, said they when the general public were ad- could speak of 1933 as a year in mitted 1713 overseas buyers and which, there was a definite change 5,954 home buyers had visited the for the better. One of the most London sections. These numbers algalacant indications of activity showed a considerable improve-was the volume of raw material ment on both home and overseas for use in British factories pur

·chased from abroad. The volume At Birmingham the aggregate

of retailed imports of raw materi attendance was 4.130, as compared al was greater than in the past with 2,330 on the corresponding three years and in regards to wool, hides and timber they were even day last year.-British Wireless.

The Duke of York attended a had begun to show signs of re- greater than in 1929. Export-trade

To Be Ratified By Buyera dor last year.

China

Nanking, Feb, 20.

It is stated, authoritatively that

members

of

ments which the government had covery and commercial agree- concluded during the last year had Continued satisfactory progress, contributed to this improvement.

received was 232,630 ounces. in December. "Last week, the total the report current in Shanghai dinner at the Mansion House in that China has already ratified connection with the opening of Mr. Morgenthau states that the the Silver Aggreement is pre- the Fair last night, when 400 enquiry into New York speculative mature. It is learned that rati- guests, including silver holdings is still uncomfication, is expected shortly and Diplomatic Corps and buyers of The large crowd included the plated. He declined to indicate that China is merely awaiting many countries were present however, was dependent upon fur Chlef Secretary, the British Rest-whether a new silver move is im- completion of the necessary proce Referring to the trade outlook dent and officers of HMS: Eagle.minent-Reuter.

dure-Reuter.

he said the forces which had had

ther improvement in world con- ditionis - British Wireless

then meet-British

ANGLO-FRENCH TRADE WAR

French To Reduce Import Taxes

J1

Paris, Feb. 20. The French reply to the Bri- tish representations against the French import quotas proposes the. early opening of trade negotiations" on the basis of the status q7o.

morrow. The Reply will be presented to-

The French Government under- takes to introduce legislation re- ducing import taxes-Reuter,

SIR EDWARD ELGAR

London, Feb. 19..... Sir Edward Elgar, the famous composer, 13

rapidly losing strength. The patient is now ex- tremely weak.-Reuter.

Article Four provides that trade between the United Kingdom and Soviet Union will be eligible for any Government export eredit facilities on the same basis as trade" with other countries. The Protocol to the 1930 agreement; contained a similar provision.

Article Five deals, on similar provision as the 1930 agreement, with the position of the Soviet Trade Delegation.

Article S provides for recipro- As an exceptional measure, the cal grant of most-favouréd-nation | Chancellor of the Exchequer hay treatment, to shipping.

"agreed to an immediate Common- - Article, Seven contains certain | wealth of Australia issue for the reservations in respect of prefer- purpose of refunding certain Aus- ences, etcetra,

tralian loans bearing interest at Article: Eight provides that as the rate of 51 per cent. and 5 per long as Soviet goods receive most- cent.-British Wireless.

NEW AUSTRALIAN LOAN-

London, Feb. 18.

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