1934-03-03 — Page 9

FOREIGN INTEREST IN MANCHUKUO

London Tribute To Young Monarch

London, March 2,

Broadcasting in London. yester day evening. Sir Reginald · John- ́ ston. Professor of Chinese at the University of Londön, paid the highest tributes to the new Em- peror of Manchukto, as a strong..

scholar energetic, active man, a

BRITISH FAIR

ATTRACTION

and gentlemen with artistic Prince Pays Another

tastes, kind-hearted and generous and possessing a keen sense of hu-

mour.

He was Sir Reginald continued, a staunch friend, and courageous and he would shed a new lustre of fame to the illustrious ine from whence he sprung, and which gave to China two of the greatest So- vereigns of her history.Reuter.

THE FLAMING SWORD OF TOKYO

London, March 2

Visit

The Prince of Wales paid an- unofficial and unexpected other visit to British Industries Fair yesterday. He made a tour of both the London sectionis, those at Olympia and at White City,

He examined and discussed with stall-holders many of the exhibits

attracted which

his interest. Among these was a small sound Alm projector intended for use, in schools which he saw in operation. Not only at the Birmingham

both London sections. the Fair has this year attracted record atten- dances. Up to Wednesday evening overseas buyers at London sections totalled 10,319, the previous best being 10.068 for the whole period.

If Manchukuo exists and has anheavy Industries section but at Emperor it is thanks to violence. declares the "Manchester Guar- dlan." commenting on the eni- thronement.

The organic law which Imits the new Emperor's powers in every Celd puts the controlling power of the Japanese udvisers in legal dress.

The earthly paradise of Manchu- kuo is guarded and may be ex- tended by the faming sword of Tokyo, adds the journal-Reuter.

די

TRANQUILITY, AND ›

VIRTUE

be

London, Mar. 2. The words Tranquility and Virtue which are said to signified by the new name of the Emperor of Manchukuo, appro- priately convey still the young Emperor's good Intentions, de- clares The Times" commenting Ln his enthronement,

If the new administration had

nothing more. to its credit than

the reform of the currency, it could claim to have rendered a notable service, but it has reduced the ruisance of 'banditry. Improved the communications and removed the slums in Changchun.

Whatever, says the journal, may be thought of the origins of the

new State, it is impossible not to admire Japan's grit and organis- ing capacity which has conquered the desolation of the inhospitable Manchurian regions

Countries with trading interests in the Far East, must, note the declaration with satisfaction and must not delay too long in mak- ing up their minds how to 'recon- cile trading activities in Manchu- kuo with the principle of non- recognition adopted at Geneva

The creation of the new State,

though it will obviously remain

under Japanese control, is prob- ably calculated to prevent annexa- tion by Japan.-Reuter.

QUERY AT COMMONS

London, March 2.

of the 1932 Fair.

Buyers are increasingly discover- Ing the convenience of being able to compare under one. roof the exhibits of firms whose headquar- ters are situated in different parts of the country. They can see the latest products and" discuss with representatives the advantages of newly developed ideas and materials

Extremely good business is re- ported from all sections, and an atmosphere of optimism marks the proceedings.-British Wireless Ser-

vice:

PROF. OLDENBURG DEAD

Leningrad, March 1.

HONG KONG DAILY PRESS, SATURDAY, MARCH 3, 1934.

SCRIMMAGE AT MR. RUNCIMAN

COMMONS

Hunger Marchers Ejected

London, March - 2. One of the fiercest scrimmages in the Strangers' Gallery for a long time disturbed the progress of last night's debate in the House of Commons on the Russian trade agreement. ending in the ejection, at intervals... of thirteen hanger marchers responsible for the de- monstration.

The demonstrators. who were among the unemployed marchers who arrived in London during the week-end, gained admittance to the Gallery during the dininer hour and suddenly embarked apparently pre-concerted demon- stration.

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Pandemonium reigned in the Gallery as police and attendants engaged in a scuffle among the visitors in their efforts to quell the objectors who were strategi- cally placed in different corners, Crles of Down with the National Government," condem- nations of the Unemployment Bill, and the Government's refusal to see a deputation "rose from all sides. Including one from a woman

stationed in the Ladies' Gallery,

which was promptly silenced.

Six men were ejected, and all appeared to be tranquil for an hour when

more demon- strators the rapidly thinning Gallery consecutively jumped up. shouting loudly,

in

seven

They were promptly thrown out before they could finish their sen- tences.-Reuter,..

London, Mar, 2.

In a further disturbance after the adjournament, thirteen de- monstrators were confined to the building.

The remainder who were sitting in accordance with custom, were taken out into the street and sing- ly released.-Reuter.

VISCOUNT LASCELLES

The death has occurred of the famous Orientalist. Professor Making Steady And Complete Oldenburg-Reuter.

BRITISH AIR ESTIMATES

Home And Overseas Squadrons

London, Mar, 2. The British Air-Estimates for. 1934 show a net total of £17,561,000 an increase of £135,000 as com- pared with last year.

Provision is made for the forma→ . tion of four additional squadrons, two of which are for Home de fence, one flying boat squadron to be stationed overseas, and one

Recovery After Operation

success-

London, March 2. Viscount Lascelles, the elder son of the Princess Royal and the Earl of Harewood, was fully operated on at a London nursing home yesterday, for an abscess in the neck, which deve- loped following a streptococcal in- fection of the throat.

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It is offcially stated that steady and complete recovery is expected. Reuter.

INSPECTION OF FLEETS

squadron for addition to the Fleet British Chiefs' Visit.

Alram.

This brings the strength of the Royal Air Force up to eight-one regular squadrons, thirteen non- regular squadrons, and a Home Defence Force.

"I have received no information

Londonderry stresses the govern- indicating that any State is con-

ment's desire to avoid at all costs templating the recognition of the

a race in air armaments. existing regime in Manchukuo, Pending a result of the Dhar- stated, the Foreign Secretary, Sirmament Conference, the number of John Simon, in reply to the Con- new British units are curtalled to servative member for Blackpool, animum, but in the interests Capitain C. C. Erskine-Boist, in the of astional imperial security the House of Commons, yesterday. Government could not accept the position of continuing "the air in- fériority-Reuter.

Reuter.

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ENTHRONEMENT DISCUSSED BY NANKING

Nanking, Mar. 2. "The Legislative Yuan held a private session this morning.

It is reported that Mr. Fu Yl's enthronement was discussed and certain formal actions.. decided upon which will shortly be recom- mended to the Government- Reuter.

CONFERENCE ON

COTTON

Manchester Opinion Hardening

To Gibraltar

London, Mar. 1. The First Lord of Admiralty, Bir Bolton Eyres Monsell, with Vice- Admiral Sir Pudley Pound, Second Sea-Lord, Vice-Admiral Little. De puty Chief of the Naval Staf, and Sir Oswyn Murray. Dermanent Secretary to the Admiralty pay an official visit to Gibraltar from March 20 to 23, for a board inspection of the combined Medi- terranean and Home Fleets-Bri- tish Wireless.

FRENCH BUDGET PASSED

Unique Achievement In These

Troubled Times

will

After a period of political as well as domestic unrest in France, hopes of a more settled future are contained in the fact that the Budget has at last passed all its remaining stages and M. Doumergue and his Cabinet may be congratulated upon " negotiating a delicate subject with a tact and judgment that speaks well for their statesman-like qualities,

The revenue has been assessed at 48.28 milliard francs while the figure on the expenditure side shows 50.16 milliard francs, making a deficit of some 2 milliard francs.

However, with the promise of better times ahead, it may be that at the end of the stipulated period, Frante will find her balance on the right side, or at worst, with a small deficit. The main thing, however, is that the" Budget has been passed, and it is to be hoped that Bow M. Doumergue and his minis- ters have got this all-important question out of the way, they will settle down to the other importan: tasks that are waiting to be dealt with.

WAR DEBT PAYMENTS

IN SILVER

Manchester, Mar. 2. The opinion in cotton circles is distinctly hardening in respect of Special to the "Hong Kong Dally the Anglo-Japanese negotiations.

Press" (Copyright).1 The Machester Chamber of *Commerce

Paris, March 1. Monthly Record for

Both Chambers and the Benate March states that every country passed the. Budget in. all its re- felt the strain of Japanese com- maining stages. Revenue ie as- petition and is willing to admit sessed at 48.28 milliard francs and

Washington, March 2. Japan as a competitor on reason-expenditure at 50.16 milliards, that able terms, but there is no room.is

Representatlys Murdock, Demo- theoretical deficit of, about 2 erat member for Utah, is prepar- for Japan to act to the detriment milliard francs. Domergue, how-ing to introduce & Bill for the of everyone else.

ever, is employed to make econo-payment of a certain amount of The present negotiations are the mies by decree so as to balance war debts with silver against touchstone of Japanese economic the account. But no increase of which currency may be issued... policy, and their failure would have toxation may be undertaken, with- Details have not been annoimic- wide repercussions, the mere pos- out the consent of Parliament and ed, but Mr. Murdock indicated sibility of which should spur on intended economies must be de- that the Administration favoured both aides to find a solution creed within ten days.Trans- the bill as a basis for considera- Reuter.

Ocean Kuo Ma.

tion.-Reuter.

SPEAKS OUT

Freedom Of Trade Essential

An

London, Mar. 2. International round-table shipping.conference was suggested by the President of the Board of Trade, Mr. Walter Runciman, in a speech the annual banquet of the Chamber of Shipping of the United Kingdom, held in London. yesterday evening.

He has of the opinion that they would not find a solution impas sible. The Government did not intend to allow what happened at the World Economic Conference. to be the last word.

They now had something to say which they refrained from saying then. and the time was coming when they would have to say it openly.

Those who trear us badly are not entitled to claim that we should treat them well." he said. "All I ask is the same treatment for our merchant marine as we are giving other countries. That should be the intention to give us a chance to participate in the world's restricted trade"

If circumstances-changed. Great Britain might have to re-change

her fiscal policy:

Freedom of trade was essential to merchant shipping. They had been forced into other policles owing to the action taken abroad, Restrictions in international trade were the root of all the world's economic evils. There could be no recovery for the mercantile marine unless trade revived, Mr. Runciman concluded-Reuter.

SILVER MARKET

(From Our Special Correspondent)

London, March 2. Following are the Sliver Quota- tions on the London' market, "to- day:--

Mar. 2 Mar. 1 201 20.9/18 20.9/16 20.9/16 The London on New York cross-

Spot Forward

THE STAVISKY.

SCANDAL

How The Cheques

Were Found

(Special to "Hong Kong, -

Daily Press")... (By Telagraph Copyright, Ordinance, graphie Massages Received, March-2. 7.00 pm.)

Tele- 1894-

оде

Parts, March 2.- Developments in the Stavisky scandal took a dramatic turn on Thursday night, when the Home Minister, M. Sarraut, ať o'clock informed Press representa- tives in the presence of the Minister of Justice, "M. Cheron, that those cheque. books of Stavisky's which had hitherto been missing, had been found. The dis- covery of the cheque books and their counterfoils took place in mysterious circumstances Minis- ter Sarraut did not vouchsafe any. information beyond saying that the cheque books had been de- livered to the Police by a person whose name could not be revealed as he would otherwise be exposed to fearful, reprisals,

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The name of the last possessor of the cheque books who recover- ed them, and who received theni frem Stavisky's

secretary, Magistrates, and that in view of known only to the Examining

the possible far-reaching conse- quences of this latest discovery, the utmost discretion must be observed. Transocean Kue Min.

EDEN'S TOUR ENDED

Contact Has Been Most Valuable

London, Mar. 2. The Lord Privy Seal, Captain Anthony Eden, arrived in London from Paris yesterday evening.

DE VALERA'S PEACE OFFERING

Invites The Opposition

To Join Hands

(Special to "Hong Kong

Daily. "Press"}

fi

(By Telegraph, Copyright, Tele- graphic Manages Ordinance, 1893-

Received, March 22, 7.00 p.m.)

Berlin, March 2. The Irish Free State has slided downhill towards «civil war, sald Mr. de Valera in the course of a debate in the Dall on the Govern- ment's Bill prohibiting the wearing of uniforms by political groups.

Mr, de Valera painted the situa- tion in the darkest possible colour.

Mr. Eamon de' Valera

comparing it Ith that of some years ago, that the Clovernment. much against its will, was forced to have recourse to some excep- tional measure.

Mr. de Valera in the meanilme

made a peace offering to General O'Duffy, stating that if the Op- position were willing to abandon In an interview with Reuter, he its "provocative attitude" with the said that his tour had been use- Blue Shirts, he was willing that ful and had cleared away certain all parties should assist each other difficulties and misunderstandings. and join hands in providing for Two Governments' views on the maintenance of order in political rate at the closing to-day was British Disarmament memorandum meetings. Transocean Kuo Min. 5.08 1/18

were now definitely known, and he' trusted that the British Govern- ment would shortly possess the views of the third Government and also so full the purpose of the tour.

· EVIDENCE OF RECOVERY

British Trade Optimism

London, Mar. 1. The belief shared by the public as well as by business and official circles that Britain is making a decisive recovery from the effects of the depressior), was strengthen- ed to-day by a variety of fresh evidence.

When a general meeting of "the Southern Railway was held this morning. facts were supplied, re- garding an improvement in con- ditions which bore out optimistic views expressed at general meet- ings of other three great' railways which had been held within the last few days.

41

Meanwhile, Captain Eden as- serted, the opportunity of making a personal contact had been most valuable. Reuter,

FRANCE PESSIMISTIC

London. March 2. Optimism is felt here that Cap- tain Eden's tour has brought the adoption of a disarmament con- vention nearer.

The Cabinet, in the next few days, will have to take decisioris which may well affect the whole position of world. armaments. note of feeling in Paris, where it Meanwhile pessimism is the 'key- is believed that Captain Eden's visit has done nothing towards the solution of the problem-Reuter,

TIN

POOL SCHEME

ITALIAN ELECTIONS

A HUMOROUS RETORT

Dublin, Mar, 2 Lively scenes were witnessed in the Irish Free State Dail during the debate on the second reading of the B to ban the "Blue Shirts.”

After two deputies had been sus-" pended for the remainder of the

sitting for interrupting the speak

ers, the President, Mr. Eamon De Valera, in a speech, referred to the troubles in Ireland in 1922."

He said that the same thing that brought the Civil War then, was going on to-day.

He offered, if the opposition would "quit this provocative tom-. foolery of blue shirts business, that if law and order as political meetings was not obtainable by the present forces, they would have a joint national force to preserve order.

Appealing to end the discord, Mr. De Valera, amid laughter, said that he wondered. sometimes "whether the country would be better off if the whole lot of va were taken out and put on some foreign island.

The ex-President, Mr. Johin Cosgrave, then said that he hoped they would be deposited on dif ferent islands (laughter).

Mr. De Valera declared that if he thought it would save the country from craziness, he would go willingly, and even endure the misery of taking General O'Duffy, with him-Reuter.

U.S. CHEQUE

REFUSED

Panama Demands Payment In Gold

New York, Mar

The Republic of Panama. "has taken the first step in what may prove an international dispute, by instructing the Fiscal Agent -in New York to refuse to acknowledge... the cheque for $250,000,000 km pay- ment of the United States · legal obligations under the Canal Zone fourTreaty of 1904.

Rome, March 2. The Fascist Grand Council, in the presence of Signor Mussolini, has "drawn up a Est of hundred candidates for the elec-" tions which are to take place on. March 25 for what will probably be the last Chamber-Reuter.

It is believed that Panama in- tends to demand payment of the amount in gold-at the old rata of the gold dollar-Reuter.

ANGLO-RUSSIAN TRADE

AGREEMENT

Negotiations Disclosed During Debate

In opening

London, March 1.

a

debate in the House of Commons debate this оп ад Anglo-Russian temporary trade agreement, the President of the Board of Trade, Mr. Runci- man recalled that in three years

Singapore Chamber from 1929-1933 inclusive the total

Opposition

value of Russian goods and mater- ials sold in Britain was approxi- the mately £124,000,000 whereas goods Britain sold to Russia "came to about £40,000,000.

Mr. Gerald Loder, the Chairman, said they were meeting in happier and more encouraging, cireum- stances since the downward trend |«

London, Mar. 2. had been arrested and last year The Singapore Chamber of Com- One of the first objects of the had shown recovery. "Improve- merce unanimously opposed the British Government was to bring ment in trade and the return of a projected formation of a Tin Pool those two figures much nearer to- measure of confidence in the busl- advocated by gradual decontrol of gether. The Russians had now ac- ness outlook have provided the tin production-Reuter. public with more money to spend,

| he said." Railways are fair baro- meters of rise or fall of peoples' meana" Large increases in re- yenue from "both

passengers and goods traffic were cited by him in. support of his belief that the re- covery already recorded would be maintained and accelerated. Sir Woodman Burbidge, presiding at a

U.S. MONETARY

POLICY

meeting of Harrods Great General Desire To Continue

Stores, declares: “In my opinion

we have seen the worst of the de- pression," and "I think we shall see

a continued upward trend in prices"

Experiments

Washington, Mar. 2.

cepted the view that Britain could not continue buying largely from them while they bought so little from Britain. He thought that was a very · handsome" adinission on their part, but it was one which was absolutely necessary 18 a foundation of negotiations during the last twelve months. The agreement accordingly in cluded provisions whereby the Russians undertook.

to adjust

the business. that there would be

after an initial period of change over the approximate balance of payment under which money they

An improvement in the British A desire for the continuance of received in Britain for their goods National industries was also re- the present experimental monetary would in the main be spent in Bri- marked by Major Dunlop in his policy, at least, for the remainder tgin. presidenta address at the United of the fiscal year, was expressed knowledged Britain's right to pro- In agreement the Russians had ac- Kingdom Chamber of Shipping to yesterday by the United States hibit their goods if they were like- day. He referred, however. to 11-Treasury Secretary, Mr. Henry to frustrate Imperial Preferen- effects of international trade re- Morgenthau to the Banking Sub-ces provided for in the Ottawa strictions upon the shipping Indus- Committee of the House of Re- try since shipping was esentially presentatives; which is studying & Mr. Runciman, we must express agreement. There again, 'said International and depended ulti-Bill to establish a central, Tederal satisfaction that they had been mately upon the restoration of authority with the sole power of ready to accept our views. world trade. As the world's big issing currency,

The procedure laid down in re- gard to preferences was that if elther party represented to the. other that preferences were being frustrated or Home production de-, trimentally affected as a result of prices created or maintained all was well. If negotiations failed. the first party might intimate to the other that the most-favoured nation treatment in respect of im

cease to port prohibition should. apply to the goods in question, this intimation to take effect in not less than three months from the date of the first representations.

In regard to shipping for the duration of this temporary agres- ment to utilise an increasing pro- portion of British shipping provid- ed that such services were avail-. able at prevailing market rates,

The Soviet Union had further. declared what they are prepared to accept in regard to shipping andi they had been notified that was the Intention of the Soviet Government for the duration of this temporary agreement to uti British, shipping provided that ise an increasing proportion of

such services were available at prevailing market rates.

The Soviet Union had further declared they are prepared to accept" Kingdom courts the jurisdiction of the United In respect of transactions entered into by their trade delegation and it was pro vided that British courts' should? be arbiters in all cases of disputes which might arise outside: diploma. tic channels.

gest buyer, Britain could demand

The agreement provided that sub. The agreement provided tha that adverse trade balances be

The Treasury, added Mr. Mor-jects, citizens etc. of either country diplomatic immunity be accorded redressed by a fuller purchase of genthau, was operating on a day should enjoy in the other country to the trade representative of the other countries' goods and no time. While he could not say that the privileges accorded to subjects,two deputies and to the affices of her shipping services in return for to day basis.

all trading facilities rights and Soviet Union in London and his should be lost in overhauling the programme for purchasing silver citizens, etc., of any other country the delegation. Britain had forme. existing treaties.

had had any particular, effect of Goods of either country should a jelly retained all rights with re- Throughout to-day Home Indus-world prices or on the purchasing so enjoy in the country of either meet to debts and claims The trials condnued to be a market on power of other nations, Mr. Mor-the facilities, rights and privileges would be, in future, considerabre the Stock Exchange where Home genthan contended that if all granted in any other foreign coun extension in amorit and thaioter Talls and gitedged stocks also countries ratided the London Bil-try, in all that related to the ima of the purchases made by the showed a further improvement.ver Agreement it would have a port prohibition, restriction British Wireless...

beneficial effect, Reuter.

customs duties.