1934-03-20 — Page 9

ROOSEVELT TO ASK

For Formation Of

Credit Banks

Washington, March 19.

CANTON-HANKOW

RAILWAY.

Loan To Be Raised In Shanghai

London, March 19.

In the House of Commons Sir Mr. Roosevelt has prepared a

congress message to

J. Simon announced that the asking au- thority to establish intermediate Chancellor of the Exchequer offer- credit. banks in each Federal Dis-ed no objection to a sterling loan trict to make loans direct to in- for the construction of the Can- dustry, or for the co-operation of ton-Hankow Rallway secured on the Boxer Fund. The loan will be private banks.

raised in Shanghai. He added the proceeds alone will be expend- ed on railway construction, subse- quently resulting in large orders of rallway material in Great Britain. -Reuter.

Legislation effecting, this is ex- pected to pass promptly in view of Its frank recovery label.

A complication plan submitted to

Banking Committee

19 a

the

or

which would empower the

parallel Senate. Friday R.F.C.

to lend directly to industry Reuter.

WILL U.S. JOIN WORLD COURT

Bill Now Before Representatives

Washington, March 19

A B to give the United States membership to the Hague World Court by act of Congress, instead of by Treaty was

introduced to the House of Representatives by Mr. David Lewis, in order to end the impasse which for years en- abled thirty-three Senators to pre vent final action, on this question." Mr. Lewis points out that Texas was admitted to the Union by act of Congress with a majority vote in both Houses, while the treaty requires a two-thirds. vote in the Senate:-Reuter.

PROF. ROGERS FOR CHINA

To Study Silver" Situation

Washington, March 19. With the approval of Mr. Roose- velt the Treasury is sending Pro- fessor Rogers, the monetary expert, to China for a study of the silver situation." He will sait shortly.- Reuter.

"Mr. Morgenthau explained that Prof. Rogers will not act in any sense as an official negotiator, but devote himself to a purely econo- mic s vey,

The announcement of Prof. Rogers' mission came just before two bills by the Treasury opposed to the Plesinger Saver Bills came up in the house. Despite Rainey's prediction that the bills should receive a majority vote a bitter conflict "Reuter.

thereon. is expected.--

ARAB LEADERS SENTENCED

Sequel To Jerusalem Riots

HONG KONG DAILY PRESS, TUESDAY, MARCH 20, 1934.

DANGER OF LABOUR

TROUBLE IN U.S.A.

RAILWAYMEN AND MOTOR

1

WORKERS DISSATISFIED

Million Men Reject Proposed Cut In Wages

Washington, March 19, Despite much, important business Sir J. Simmon's statement was week opens so heavily, charged with to be transacted by Congress, the in reply to a question. Mr. Rankin

danger. in asking whether it would be a con- worker and employer that every- struggle between dition for approval of the loan thing else seems unimportant. that all railway material required

In the motor Industry and in the should as far as possible be pur-railway field there is talk of an chased in Britain.-Reuter.

impending crisis with

possible government intervention.

Among important measures to be dealt with by Congress are the Phillippine Independence bli, Co ton Tax bill, Stock Exchange Re- gulation bill and the Naval Appro- priation bill but all these are push- ed in the background while the labour issue comes into the lime- light:

SINO-JAPANESE RELATIONS

Situation Reported Unchanged

London, March 19. In the House of Commons, Mr. Wardlaw Milne asked whether it was correct to say there had been

more or less satisfactory ar- rangement between the Chinese and Japanese Governments, Sir J. Simon replied, I think that must be so, my information is that the situation is unchanged and the conditions of the armistice are being observed.-Reuter.

THE GRAND NATIONAL

Yesterday's Call

OverTM.

The Grand follows:- Golden Millar Forbra ..... Really True Thoniond Ready Cash De. Laneige Southern Hero

London. Mar. 19.

National Call-over

legacy from the days of festive Trocadero finance," and they and bondholders | Sorley Boy

recovery dispute. profited most definitely during the Gregalach............ Pelorous Jack....... Fortum MOTOR INDUSTRY

Alpine Hut The motor industry involves dis- Egremont agreements far more reaching in Franceling possible effects.

Wages are com- Remus paratively high and the fight turns Uncle" Patt on the continued existence of com- Cantillius. pany unions or their invalidation" order of Federation of fabour which may be able to organise control of two hundred thousand workers in the motor industry,

21/2, t and o 13/1, t and o

18/1, t and or 18/1, o 20/1, t 18/1, o 20/1, t 18/1, 0.

20/1, t and o 22/1, t and o

پست

22/1, o 25/1, t

22/1,0

25/1, O

28/1.0 33/1 t

28/1 o

ו.

33/1, 40/1, t

33/1. a 40/1, t

39/1, 0

40/1, t and o 40/1, 0

THE LINCOLNSHIRE HANDICAP

Manufacturers are highly vulner- able in ore respect as most of the Quartz existing unions will plainly violate Play On section VII of NR.A. which ordains Town Crier that in the right to organize and bargain collectively, employees shall be free from interference, restraint or coercion of employers of labour.

CRITICAL SITUATION

Yesterday a million railway workers represented by twenty-one uniors rejected the proposal of the Committee of Rallway Managers that the present ten per cent, wage-Reuter. reduction be continued for ten months beyond its expiration en June 30, while Mr. William Green A hundred thousand threatened men in the Detroit area would walk out on March 21, unless manufacturers withdraw their re fusal to recognise any union affiliated with the Federation of Labour as such or has any sign of contracts with it.-Reuter.

motor

"

Ole King Cole Gino Verstele Generous Gift Madagascar Bleu, de Rol Tolalg " If these offending constitutions St. Oswald were amended, men who joined the Crumpets unions would be free from obliga Empire Unity tion to pay dues whose flow into Ringmaster the coffers of the Federation of

Lutal Labour is eagerly desired by the Soldier leaders. If employers by the Con- obsity cessions argument can maintain Philae the Company Unions. the Federa- Nitsichin tion of Labour's power will be winstar. EFFORT TO AVERT A STRIKE weakened and their chances of Old Riley

but To-morrow Mr. Johnson is leav- expansion reduced,

It the Creme Carmel ing for New York to attend obduracy of employers force the meeting of motor manufacturers Government to declare most unions and employees at which to seek to illegal, the country might see the beginning of coercive treatment in averta strike.

The position taken by the Rail-industry in the interest. of labour way Union has caused surprise and which will have unending reper- disraay, especially as Mr. Roosevelt cussions," some weeks ago, requested a con- (From Our Special Correspondent), tinuance of the present scale, but

CANTON DAY BY DAY

Canton, Mar. 19. Anxiety over the depreciation of Government bank-notes is partly over as they have, recovered to 90 cents a dollar as against 35 centa yesterday. On Saturday the rate was 92.

The same is true with regard to the notes of the Canton Muni- cipal Bank which rose from 82 cents to 88 cents per dollar. If the notes can hold their position for the next few days, the crisis¦ will be alleviated..

י.

FUNDS FOR RIVER CONSERVANCY

2

*

It must be remembered" that throughout its history American the Unions' reply they have made labour has only been partially as sacrifices enough and railways are soclated with political Radicalism hanging on "hopelessly to a top-whose forces in America are more heavy capital structure which is a divided than in any other commer- cial nation, but this will not con- tinue if the - United States is to enter a period of most. bitter con-

KIUKIANG NOTES ict-Reuter.

Catholic Father Captured

(From Our Own Correspondent)

SILVER MARKET

London. Mar. 19..

10/1, o 21/2, t 100/9, t and o 100/8. t and o “100/7, ✪ 15/1, t

15/1, t and 100/6, and a 100/6, t and of

22/1, t and o

25/1t and o

25/1, o 25/1, O 25/1,0

29/1, t and a 28/1, o 33/1, t 28/1, 33/1, t 33/1, ₺ and o 33/1, o ¿ 35/1, o 40/1,

40/1, o

IL DUCE'S SPEECH DISAPPOINTS

"MYSTERIOUS” REFER- ENCE TO AFRICA

CAUSES MANY OBSERVATIONS

DIPLOMATIC CIRCLES

IN

Mussolini's Views Described

As Dangerous

1891-

(Special to "Hong Kong Dally Press") (By Telegraph, Copyright, Telegraphic Messages · Ordinance, Received, March 19: 7-30 p.m.)

Parks, March 19.. Mussolini's speech on Sunday, at the Royal Opera House, Rome, came as a great shock to political circles in Paris since the xeneral prevailing opinion was that France had succeeded in admirably playing the part of mediator between Italy and the Little Entente, and improved her relationship with Italy by mak- ing no difficulties in Mussolini's Danube policy. In France it had been hoped that this would secure Italy's support for the French standpoint in many current foreign political questions, such as a revision of treaties, security and disarmament.

"INDIGNATION AND

REGRET

With indignation and regret the Mussolini, who assigned 'expan French Press says that Duce'ssion in Africa as a future task for tspeech has dashed all such hopes generations of Italians, said "There and declares that the views declar- is no question of territorial con- 40/1, o

ed by Mussolini are extremely dan" quest but let not nations in posses- 40/1, 0

gerous. The semi-official "Petit ❘sion, block the spiritual economie 50/1, t and o

Parisien "

says that. Mussolini's expansion of Fascist Italy." -Reuter.speech causes regrettable disap- Reviewing Foreign relations, pointment and disturbs the general Mussolini said relations with atmosphere just at a moment when Yugoslavia were capable of im-

when clarification of the international provement

circumstances. situation is most badly wanted.

propitious. Franco-Italian Le Journal describes Mussolini's relations were improving, notwith- speech as "a general appeal to standing, that the issues in the all those who demand their place past fifteen years had not pro- in the sun and all malcontents,gressed substantially towards- solu- who are under a pretext that they tion-Reuter. want injustices remedied to over- throw existing order.

EMPEROR'S BRIDE ARRIVES

Warm Welcome At Hue

#

"Mussolini does not demand an understanding" says Le Journal, "but obedience.”

Hue, Mar. 19. Ngu Yen Hu Hao had a most popular reception on arriving "to- L'Echo de Paris, does not hesitate day at Hue from Salgon. A de-.to declare that Mussolini had lost legation of the Imperial Family his head for the past year and it went out to conduct her to her is asserted that all his diplomatic future capital which is lavishly initiatives have falled-Transocçan beflagged for impressive ceremonies Kuo Min. next week-end.

The Imperial Insignia has been conferred on the Emperor's bride to whom all Annam will swear

(From Our Special Correspondent)

London, March 19. ・.. London silver prices to-day were | fealty. :

as follows:----

The Empress, like the Emperor March 19 March 17 was educated in Paris where she Spot

197 201

wore smart Parisian frocks which 19.15/16 20,5/16

she has now exchanged for a

at the closing to-day was -Reuter.

Forward

"LOOKING AHEAD"

оп

were

CHINESE IN BERLIN

Anniversary Of Far Eastern Society

(Special to "Hong Kong Daily Press")

Berlin, March 17. A distinguished gathering of the

The London on New York cross-gorgeous tunic in the native style, graph”, said that no passage in the Berlin Chinese colony the Chinese

A sum

of $100,000 being

Kluklang, March 11. Joan from: the British Boxer

Fund

We were looking to the Chinese Indemnity

was received here by the Kwangtun Board New Year with a feeling of easi-

In addi-ness when the Reds were announ- rate of River Conservancy. tion. another sum of £1.000 ced approaching to the West of 5.09 3/16. was received for the purchase of the Kiukiang-Nanchang Railway materials and machinery for con- Line. Every day the merchants servancy purposes.

u the little markets coming to With these funds in hand, the Kiuklang to square their accounts

Board of Conservancy along were bringing the news: they have

will pro- or to make New Year provisions RESTORATION OF THE HAPSBURGS

IRON MINES' IN KWANGTUNG.

and by

Not Favoured By Roumania

GATEWAY TO NINGHSIA

General Directs Operations

the West River and to dredge cer- arrived here and there...... tain stretches which are too shall How did they come? ow for navigation. Work has to what way? Taht is a long story. be done immediately, because the It seems that they all belong to summer floods are soon due, " the 18th Red Army, under General Kung Ho Chung, They are said. to come originally from Yungsin Following the decision of the West Kiangs); they were driven Provincial Department of Recon-off by the Nunan troops and as

(Special to "Hong Kong struction to establish an iron and they probably had exhausted all

Daily Press')- steel works at Tung Long near the commodities of life in West mines in dif- Klangst, they were only too glad Canton, the iron

Bucharest, March 17. ferent parts of the country will to go away and live on the fat of

Answering the interpellation of new places. And so they be marked out for exploitation.

They went up North in large bands the Liberal leader. George Bra- illegal procession | Nlae districts in this province are and lived on the rural districts and tianu, as to whether the Rouman. at dawn.

richly embedded with iron ore,

ian Government identified itself markets unmolested. Bo it was which will supply the raw mater-news to us when we heard that with the declaration of the Yugo lals to the iron and steer works.

Linklang was occupied by the Reds Slavish Foreign Minister, Jeftitsch,

In

General

historial

SUC-

London, Mar. 19. Commenting

Mussolini's speech at the Royal Opera House, in Rome, on the occasion of the second five year raeeting of the Fascist Regime, the diplomatic correspondent of the "Daily Tele speech has given rise to so many Legation, and German Foreign auditorium of observations in diplomatic circles Office met at the as "the somewhat mysterious" re- the Reichs Economic Council, on ference to the African continent. Saturday, to celebrate the 20th Doubtless, what Mussolini meant anniversary of the foundation of by "the necessity of cultural and the Far East Society, the speech economic expansion of Fascist Italy being delivered by the in Africa" was first and foremost Secretary, Max Linde.

a comprehensive wider scope for the great Italian- speaking

at Tunis survey, Linde reviewed, the community Probably, however, Mussolini is cessful work of the organisation looking far beyond Tunts and in reinforcing the cultural bonds thinking specially of future econo- between the two countries and re- mic affairs. Il Duce wants new called with gratitude the assist--* folds in Africa for Itallan ance afforded by the Society to emmigrants, Italian spirit of enter- German refugees in China during prise as well as an assured share the Great War. The speaker also or raw materials available there gave an interesting “inside, story” Felping, Mar. 19. Combined Shansi and Sufyan liich Italy wants so urgently of the persevering attempt. set up by the German Engineering "and. forces have occupied Tengkow, the Transocean Kuo Min.

Medical schools in Shanghai un- POLITICAL UNDERTAKINGS important gateway to Ninghsia,

til the schools were ultimately FAILING

seized by French troops. Linde ex- after heavy fighting which began

pressed profund satisfaction" abous": Fu Tso Ÿr has arrived at the

Paris, Mar. 19. Surprise; bordering on conster- the work of the Tungshi Univer front to direct operations,

Meanwhile, Sun Tiên Ying, who nation, is the keynote of Press Bity on the outskirts of Shanghai Machinery and equipment for on the 24th December and a few on the Hapsburg question, the made eight abortive attempts to comment on Mussolini's speech 1924 where German professoTE Abdulhadi.each of whom received the works have been ordered from captives taken off. They came so Under-Secretary pi Foreign Affairs, capture "Ninghsia City has ceased yesterday. Papers are hitherto not actively collaborated with satis

an American firm in Cleveland. į suddenly that it looks as if the City Radolescu, declared that the po- further attacks,

unfavourable towards the Three factory Ohio.

Power Pact but Mussolini's refer-management. was taken unaware: The Magis-licy of all members of the Little Pelping authorities are stil trate and the Head of the local Entente was uniform and the willing to consider Sun Tien Ying's ences to the Treaty of Versailles Min. Tangpu barely escaped with their Hapsburg question equally import- demands for the payment of his are considered to make him one Canton, Mar. 19.

of the leading revisionists, while e. The Chief of Police was ant for all, so that the fundamen- troops, provided he leaves the his references to France show his Complying with the instructions, drowned when trying to get a tal ideas of Mr. Jeftitsch's speech troops first Reuter. of the Central Party Headquarters sampan.. The following morning, had the approval of all States of

vanity hoped for understandings between Italy and France. in Nanking, the Kwangtung Pro- when they left the City, a foreigner the Little Entente. Any attempt. vincial Kuomintang has ordered was amongst the captives, he is at restoration could not be re- all county Kuomintang organs to Father Anselmo, of the Catholic garded as a policy of peace, or concentrate on encouraging the Mission, and the papers never told contributing to the, consolidation people to grow more trees.

of his release. Where is he now? of Central Europe. Roumania vas The order requires the county "Since that time, January and watching events with the greatest U.S. Ha government and the county Kuo- | February havé passed. The Reds interest and should it become mintang to supervise the people in rambled all over the country in the necessary would unite with other planting more trees and to pro-N-W of the Province. They went

States.of the Little Entente to pro- vide them with seeds at a low once pretty near to Nanchang; so

nounce a categorical veto.—Trans- or nominal cost. The Idea is that it is not strange that they came

ocean Kuo Min.

Jerusalem, March 19. Seventeen Arab leaders

were

sentenced to. hard labour ranging from 5 to 10 months for parti- cipation in an which started rioting in October.

Those sentenced include thle prominent politicians Sheik Mouzaffar Auni Bey and

10 months. All the accused were granted bail pending an appeal Reuter.

RADICAL-SOCIALIST VICTORY

(Special to "Hong Kong Daily Press")

(By Telegraph, Copyright, Teic graphic Messages Ordinance, 1874 Received, March 13, 7-50 p.m.}

Paris, Mar. 18.

After 'having suffered a series

of electoral defeata. the Radical Socialist Party had a notable vic- tory at Verdun on Sunday, when Gaston Thiebaut was elected after #scoring 4,580 votes out of 11,486.

The new Radical Socialist mem-

TREE PLANTING CAMPAIGN

did.

if the people plant more trees, also near to Kiuklang. One week they can sell them as lumber.

before Chinese New Year and one week after, two or three thousand armed Reds were staying in the country between Telan and Kiu- Canton, Mar. 19. klang, West of the Railway line. Department of But from the very beginning they

PUBLIC INSURANCE BUEŽAU

ber of the Chamber succeeds the". The 'Provincial

PASSENGERS'

Arrivals

Burgomaster of Verdun, Schleiter, Finance is contemplating the es-were tracked by the Government The following passengers arrived who was killed before Christmas tablishment of a public Insurance troops and every day brought new by the as. Talyo. Maru from Los in the railway catastrophe at bureal in this city, the business reinforcements so that the Reds Angeles and Wayports:-Mr. G. Lagny. Behleiter belonged to the of which includes fire, marine, are pretty well surrounded. Our Ito, Mr. F. P. May, Mrs. L. M. May, Republican Centre Party. The flood, and life insurance. Capital Chinese papers cannot reveal the Mr. Richard C. Miller, Mr. Segundo Right Parties undoubtedly enjoy a will be $10,000,000. It will come Government's tactics, but we feel Ramos, Rev. M. Vanoverbergh, majority at Verdun, polling 2,000 into existence shortly, as soon as sure that they intend to restrain Mr. M. Kuwahara, Mr. Y. Kishi, votes more, but they have split the regulations governing its or-the circle around the Reds so that Mr. M. Miyamura, Miss 7. Asako, Into too many subsections,-- ganization are approved by the this time there is no possibility of Mr. M. Okazaki and Judge 8. R. Transocean Kuomin.

escape.

Provincial Government.

Stern.

MISERABLE ALLIES

Pertinax, in the Echo de Paris says Mussolini's diplomatic under- takings are falling and he feels. the need to warm up his audience by trying to out-Geering Georing, No Excuse For white le Journal says he speaks like a chief laying down the law Honouring War Debt

for the World.-. Defaulters

A request to change the name of The Boulevard of the Allies," опе of Pittsburg's principal thoroughfares, because America's former Allies have defaulted in the debt payments, has been re- ceived by the City Council.

Mr. Frank C. Bauer, president of the Standard Hide Co.. sug- gests in a letter to councillors that there is no excuse for hon-

results under Chinese Transocean Kuo

GERMAN RAILWAY

CARRIAGES

Hardwood Benches To Be Upholstered

(Special to "Hong Kong Daily Press")

The Petit Parisien opines that Mussolini's words will create 'an

Beriln, March 182 atmosphere of trouble and a re- 'All third class railway carriages": grettable feeling of disappoint-will be, withdrawn in the present ment, while le Figaro says France year and the historie, hardwood.. made a great effort to understand benches will be transformed into Italy's viewpoint, but there are no soft upholstered couches in a. gns of reciprocation in Duce's double effort to ease travel for specch-Reuter.

passengers and to further’ease the. pressure of unemployment on the labour market,. “

NO QUESTION OF CONQUEST

This decision, which was“ an- nounced by the National Railway Corporation on Sunday, calls for the immediate padding of

Rome, Mar. 19. ouring the Alles of the world The capital slumbers were dis- war, or, perpetuating their names, turbed at 4 am by buglers sound-wooden furniture in third clas since all of them had "miserablying a reveille to awaken Fascists cars on allTM express and

defaulted" in their debts to the for the second five yearly meeting Irular train services Transoceam United States"

Kuo Min.

of the Fascist" Regtime,

re-