1934-12-21 — Page 9

HONG KONG DAILY PRESS, FRIDAY DECEMBER 21, 1934.

NAVAL PROBLEMS OF POWERS

TREATIES ESSENTIAL FOR PEACE

Japan Ready To Make Sacrifices

Tokyo, Dec. 20.

on

Commenting to the Press Japan's decision to abrogate the Washington Treaty, the Japanese Foreign Minister, Mr. Hirota, de- clared that battleships and air- craft carriers must be totally abolished for the sake of world Deace.

friendly relations between all the nations in the area.

"The British Commonwealth has responsibilities in the

Far East which we must discharge and we cannot yield on the essentials necessary for our security," said Sir John. "

JJ

"

"At the same time we must try

MR. HIROTA

THE CURRENCY MARKET

Sterling Still Sags

London, Dec. 20.

Although sterling once again started to weaken, there has been no large withdrawals of foreign balances from London and the Exchange Fund is only interven- ing sparingly. The recommenda- tions of the National Resources Board caused weakening of the dollar in terms of franca, Al- though fears for the future of the dollar are now allayed, the franc continues firm on a better con-.. tinental situation.

น

The market is interested in the future action of the United States Congress, especially as regards silver. It is pointed out that the

Japan is a rising nation, endow- to put ourselves in the position of LONDON NAVAL Treasury still needs over a bilion

others, and we meah to do our utmost to work out with them plans which will do justice to all and provide the equality of secur- Ity which is the right of overy com-

ed with a lofty pride, and in ad- vocating such an idealistic policy she must be ready to make con- siderable sacritices for its realisa- tian, She is also prepared to be party to a treaty which safeguardsmunity." peace.

"However, if the powers fall to recognise Japan's fair and just attitude, and if they insist" upon having their own way, Japan will refuse to make concessions and re- sist them," declared the Foreign Minister. Reuter..

LONDON COMMENT

JAPAN'S PROPOSALS

He referred to Japan's proposals and said that the British Govern- ment felt that equality of security not necessarily reached by an arrangement ELS the

WILS

such Japanese desired,

He, and the Government, felt that in view of the greater radge of responsibilities in Europe and and elsewhere, Rad the vast extent of the British sea communications, a comparatively larger, British navy was necessary to preserve this "equality of security."

Asia London, Dec. 10. Naval commentatora express re- gret that the naval talks have not produced more tangible re- 'sults, but recognise that they have prepared the ground for the fu- ture negotiation of an agreement.

They point out that the Wash- ington Treaty is operative. for another two years and there is therefore ample time to And a substitute which will preclude a race in armaments,

Progress had been made at the London conferences, he asserted, and difficulties had been discussed calmly and frankly, with never a breach of good feeling. Doubtless they had a long way to go, but as soon as the opportune moment ar- The "Times" belleves the diprived the Government would take lomacy of the British delegates has been vindicated.

from and it

Their position as mediators demanded a consi- derable measure of trust Japanese and Americans cannot too often or too emphati- cally be repeated that rumours of a private compact between Britain and Japan are mischievous and false,

A NEW TREATY Tokyo by denouncing the Wash ington Treaty has assumed the heavy responsibility of

ending the system which conferred so many benefits upon its adherents. But since Tokyo is persuaded that. the abrogation of the treaty is only a method of clearing the way for a new agreement, there can be but one purpose for all parties; name- ly, to make the new treaty as good as the old,

the

The "Daily Telegraph" on question of prestige, says that no- thing should be left undone to satisfy the Japanese susceptibl- itles, for an offended or antagon- "Ised Japan

puts out of the

question all hope of setting the vast problems 'in the Far East. The deadlock is not dangerous at present, but it may easily become

50,

If efforts at solution continue to be barren, Britain and the Domin-

appropriate steps to naval conversations. Reuter,

resume the

OFFICIAL COMMUNIQUE

London, Dec. 19.

The preliminary naval conversa. tion in which representatives of the United States, Japan and the United Kingdom have been en- gaged in London, were adjourned to-day at a meeting under the chairmanship of the Prime Minis- ter. A communique issued later

that "the stated

conversations which were started last June and after a recess have been proceeding since October 23. are agreed by the representatives of all three

Governments to have served a use- ful purpose.

TALKS

Agreement Between Delegates

Tokyo, Dec. 20.

BRITISH INDUSTRY'S CHANCE

SIR JOHN SIMON TO

F.B.I. TRADE MISSION RESULTS

Assistance To Manchukuo In Industrial Field

London, Dec. 20.

Bre

industry in the contemplated de-

mutual

works, subject to agreement S regards prices and terms of payment.

Meanwhile as a preliminary step an agreement h been reached as regards supply of steel products to Japan for delivery to Japan and Manchukuo during "1935, the detalls of which will be communi- cated to the British Iron and Steel Federation.

The long-awaited report of the velopment Federation of British Industries Mission to Japan and Manchukuo which has been issued states that the Mission was entirely unofficial and non-political in nature and VISIT CANNES

emphasises the reports attributing to members of the Mission state. (Special to "Hong Kona

ments of a political nature Daily Press")

entirely without foundation. Massager · Ordinance, 1894 fresh contacts made by the Mis- (By Telegraph, Copyright, Tele

The report states that owing to Recember 190, 7:30 p.m.)

alan, the Federation Paris, Dec. 20.

of British The British Foreign Secretary,

Industries is in a far better pod- Sir John Simon, is

tion than ever before to introduce Cannes on Sunday where he in- leading business official circles in

expected at intending

business visitors tends to sojourn for a fortnight-Japan and strongly Pransocean Kua Min.

ounces of silver to obtain the desired ratio of 25-75 "between silver and gold stocks. Moreover, graphic the treasury's difficulties have re-Received, cently been increased by ship- ments of gold from Europe New York'

for

mora

to

Some expect Congress to press forceful measures in carrying out the silven policy. It A communique Issued regarding is pointed out that in the event the adjournment of the London of intensified American buying. naval conversations does not men- Chinese smuggling might easily tion the date of resumption, but prove too heavy a burden for Japanese official circles belleve China, forcing the Government to that an understanding has been reconsider the pros and cons reached between Britain, America devaluation.- and Japan for early resumption of Reuter. the preliminary naval talks.

"

It is further believed that in- formal talks will be conducted between interested Powers even during the adjournment so as to hasten the resumption of formal conversations. Reuter

AMERICAN NAVY

Future Intentions Disclosed

Washington, Dec. 19. "Our navy will still keep aflost," said "Mr. Claude Swanson, Secre cary..of the Navy Department to- day when questioned at a-press conference

America's naval construction programme in

regarding

view of Japan's forthcoming de-

nunciation. of the Washington

Treaty.

He pointed out that the treaty was actually effective for two years after its denunciation, which meant that there was no imme- dlate danger of a naval armaments Tace and left a considerable time in which pians for a new agreement.

the Powers could lay

Meanwhile," he declared shall do what is necessary for the proper defence of America, her commerce and her industries.”

FLYING BOATS OF NEW TYPE

England-Canada Service Preparations

(Special to "Hong Kong Daily Press")

1401.

to

Arms

urges Interested to send out responsible representatives to study problems on the spot.

SPIRIT OF FRIENDSHIP The Mission found a genuine spirit of friendship to Britain existing in Japan, which they claim, is strengthened by the visit and by the formation of a per- manent link representing Angio Japanese industry in London and Tokyo,

A BUSINESS VIEW

The report finally gives appre- ciation from a business viewpoint. saying that the inhabitants enjoy anly of conditions in Manchuria

an increasing measure of security And ordered government. They are subject to a reasonable system. of taxation and fairly administer- ed advantages of sound currency. A modern state is being created and although, difficulties lie before

"we believe they will overcome them and economic prosperity will be gradually achieved for the benefit of Manchukuo, and trade.. with other countries.- Zeuter.

NO NEWS FROM AIR LINER

SILVER MARKET

(By Telegraph, Copyright, Tata (From Our Own Correspondent) Praphia Murrages` Ordinance.

The Mission reached a definite Beceived, December 20, 7.30 p.) London, Dec. 20.

conclusion that there were open- London silver prices to-day were

London, Dec, 20: ings for British industry, chiefly The British airplane works, in fin the provision of capital and 1/8 up as follow:-

co-operation with the Alt Minis- goods in connection with the rapid Dec. 19 Dec. 20 Spot ..........24-1/16 24-3/18 are making united prepará- development now occurring and

tions for the construction of aying they "Forward 24-3/16 24-5/16

offered the Manchukuo London on New York cross rate boats for regular service between authorities, the collaboration of at 2.00 p.m. to-day was 4.94-5/16 to the "Dally Herald," which states

England and Canada, according | British industry. compared with 4.84-3/3 at closing that the new type of flying boat

STEEL PRODUCTS SUPPLY yesterday.

will make the journey from Eng- The Mission received a written land Newfoundland without assurance accepting the principle landing and will carry suteleht of such collaboration. Concrete pro- freight to enable the projected posals supporting, this principle Christmas malls in five days. It undertaking to become economi- will be submitted to the mission was last reported over, Gaza at cally a sound venture- Transocean Huo Min.

CITIZENSHIP BILL

Measure Passed, In Ireland-

Dublin, Dec. 20. The Irish Dall by 51 votes to 36, passed the final stage of the Citi- zenship Bill

Mr. Frank MacDefinot, of the United Ireland Party, declared that the Bill was a bogus "step to- wards a thirty-two countles re- public which was not attainable.

Mr. de Valera in reply declared The decision with regard to the that the measure was aimed at naval base and fortification pro- removing from Irish law any sug- gramme, suggested after the sign-gestion that the Irish were British. ing of the Washington Treaty, had subjects. been reserved for the time being.

Reuter. he added.

"These conversations, initialled under the London Naval Treaty of 1930, became broadened in scope in the light of proposals and sugges- tions subsequently made. Every aspect of the naval problem has been discussed between the parties frankly, fully and amicably. It was never the purpose of these preliminary conversations to reach any hard and fast conclusion. The sole purpose was to prepare the ground for future negotiation and agreement, The French and Reuter. Italian Governments, also signa- torics" of the present Naval

lons must think out the hardest Treaties and associated with the INDIA REFORM

problem of Imperial policy that ever confronted British statesmen. Reuter.

BRITISH HOFE

discussions in the summer have been kept informed of all develop- ments.

REPORT

Wang

Lord Willington's Views

on

"DUTCH LINER ORANIA SUNE

Rammed While-At-

Anchor

(Special to "Hong Kong

#j

Dally Press"]

(ByTelegraph, Copyright, Telu graphic Message Ordinance." 1895" Received, December 20, 400 p.m.)

Lisbon, Dec. 20,

FURTHER CONSIDERATION Although the three Govern- London, Dec. 19.

ments represented in these con- The British Government retains

versations are in a firm hope that further naval

favour of a conversations will occur in about with such reduction as

continuation of naval limitation, two or three months time, in

can be agreed upon by all the Powers con- spite of the announcement of the cerned, the principle and methods pending denunciation of the W for achteving this in the future re- shington Treaty by Japan, de-mained clared Sir John Simon, the Foreign that the respective views

to be determined. Now Minister, in a speech broadcast to been made known and fully dis- have the nation last night.

Great Britain regretted Japan's reached a stage when it is felt that cussed. the conversations have decision very much but nobody there should be an adjournment was entitled to complain, he said in order that the delegates may Japan

quite entitled to abrogate the treaty if she felt it Governments and the resulting

resume personal contact with their port as satisfactory and forming The fault, according to a pre- was unsatisfactory.

a reasonable basis for a constituimmary inquiry would seem to be

was

The first public pronourcement by the Government of India on within a few minutes near the en- the report of the Joint Select trance of Port Leixoes, Portugal, The Dutch steamer Orania sunk

Committee tional reforms was made, last nightguese Lounds. Passengers num. Indian constitu-after being rammed by the Fortu- before the European Association ber 122 and a crew of 158 on board in Calcutta by Lord Willingdon. surance, given by its President saved. The funnels and mast of The Viceroy welcomed the as- from South America, have all been the Orania who had just arrived

that the Association considered the ill-fated steamer are protruding the scheme laid down in the re- above water.

The Japanese sction, though situation can be fully analysed andtion that would mark. a notable { attributable to the Portuguese ves-

serious, should not be confused with tragedy, said the Foreign

further considered.

step towards the goal envisaged sel. The Dutch boat was anchored adjourn the conversations at this be belleved a large majority of batch of passengers had just put "It has therefore been agreed to in the preamble of the 1919 Acf. In the roadstead and the first point. The Governments concern-public opinion In Great Britain or for shore when the collision oc ed in the London conversations will and India was ready to support curred, the tran-Atlantic steamer. keep in close touch with each other the proposals in the baller that being violently rammed in the and with other Governments which they were fair, fast and a well-flank are parties to the London and balanced effort to deal with the Transocean Kuo Min. Washington, Naval Treaties. adjournment will also give His Ma- the proposal to take the centre- The dificult problem. He regarded jesty's Government, an opportun largely autonomous as one of the ity for further consultation with most important, the Governments of the Dominions, The Government was determined It is hoped that in view of the

Minister.

There still remained two years in which to try to arrive at a new, agreement. It would be a real calamity, and a fearful one for the world of the future, If there were no treatles limiting the total of warships and the maximum size of fighting craft, th

COLLECTIVE SYSTEM

Referring to the position of Princes, he hoped that when the

RECORD AIR MAIL FROM INDIA

Landon, Dec. 20. m The largest amount of air mail

to do everything in its power to preparatory work accomplished the Bill was laid on the table of the preserve the treaty system. It situation will so develop as to House of Commons, the Princess ever despatched from India-left felt that nothing was more imjustify a subsequent meeting as would find that their position had Karachi yesterday in Imperial portant for the peace of the world soon as an opportune moment ar- been adequately safeguarded. They Airways liner and tro than for the naval powers with ven. In that events, the Govern, would then stand by promises and of Indian special interests and responsibilment of the United Kingdom, assurances of their representatives way ties in the Far Fast to continue to which initialled the present con-at the Round Table Conference 150 pound agree to naval limitation and to versations, will take approp

co-operation in a collective system

designed to preserve good end British Wwelc

that they would be willing part

the ners in an All-India Federation pouzda British Wireless

Brith Wireles

eroplanes atinental air hines carried 1

com

patch of 1,850

to

Cairo, Dec. 20. There has been a twenty-hour absence of news from the Dutch" air Uner of air race fame which left here last night in the course of an attempt on a 15,000-mile round trip from Amsterdam to the Dutch East Indies and back with

in due course with a view to midnight substantial participation of British Reuter.

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OLOS

m

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