1935-01-18 — Page 9

HONG KONG DAILY PRESS, FRIDAY, JANUARY 18, 1935.

AMBITIOUS "NEW DEAL" SCHEME FOR BRITAIN

MR. LLOYD GEORGE'S

ADDRESS

Crowds Witness Veteran's Come Back

SAAR TRANSFER TO BE

MADE IN MARCH

League Council Decision Awaited

Bangor, Jan. 17. An ambitious "New Deal" scheme to rectify Britain's economic prob- lems was enunciated by Mr. Lloyd George when he addressed a great meeting in his constituency on his Seventy second birthdas.

Features of the scheme were concerted British and United States action to ensure world peace, re- moval of handicaps in internation- at trade by ruthless use of Britain's tariff and other bargaining re- sources, absorption of permanent unemployed in great undertakings of real utility in addition to put- ting more people on the land, creation of a powerful non-party board to prepare work schemes.and arrange finances. establishment of a cabinet committee of five on the lines of the War Cabinet to con tinuously consider questions policy at Home and abroad.

OLD TIME FIRE

of

Mr. Lloyd George's old time fire and eloquence held the attention of thousands inside the hall, white it is estimated that five thousand stood in a biting wind outside

listening to loud speakers. Special trains from all parts of Wales brought record crowds to witness the veteran's come-back.

and trade would be followed by improved trading which would absorb Britain's temporary work- iess.. Undertakings which would improve and enrich national assets would largely absorb permanent unemployed who at present are demoralised by doles. Finances for

ૉ

scheme Ilmited each year to capital which is. ratsable without injury to ordinary trade operations. He believed that a prosperity loan would be over-subscribed and em- phasised that we must avoid over- staining the national' credit.

BANK CRITICIZED

He strongly criticised the 'Bank of England whose advice in the past he described as "misleading short-sighted, narrow and “mis- chievous. He did not suggest that the Bank of England should be-

ME. LLOYD GEORGE

AMERICA BUYS GOLD

London, January 16. This work was also held up pend- Important details in connection Ing results

Franco-German with the question of the transfer negotiations regarding such ques-. of the Saar, following the result tions as application to Saar, ter- of Sunday's pleblecite, are en-ritory of Article 42 of the Treaty gaging expert attention at Geneva, cf Versailles providing for de- The question: was not before the militarised zone, of 50 kilometres League Counch yesterday and is east of the Rhine within which not mentioned in the agenda for the Saar Hes Certein other to-day's meeting. Geneva reports, | technical questions were also however, state that, at the latest, raised. it will be before the Counell to- morrow. and

that the Council's session will conclude on Saturday as arranged.--

Shipment By French British Wireless.

Bankers

Paris, Jan. 17. Following reassurances that the

SESSION POSTPONED Special to the "Hong Kong Dally

·Press" (Copyright,):]

Geneva, Jan. 18. Hopes that the League Council

come a Government department, American Treasury was not lower-would definitely settle the Saar but he maintained that the direc-ing the price of gold, French torate, should be chosen to ensure hankers are arranging to ship gold closer contact with industries and commerce. He also opposed nation-will be the first liner to take con- 10 America by the Europa which alisation of Joint Stock Banks.signments. The vessel is sailing on Reuter,

SUPPORT FROM SNOWDEN

London, Jan. 17. Mr. Lloyd George who has pre- pared bold and comprehensive Although he did not deprecate a plans for reviving industry and re- party system which was most use- Deying unemployment which are ful in normal times, Mr. Lloyd being decribed as his. "New Deal," George at the outset emphasised will open a campaign in support that the proposals were entirely of his schemes at Bangor, Wales, non-party in character and he to-day and has arranged cloquently described the break-address and a series of other meet- an down of the world's

economic Ings in various parts of the coun- system despite forecasts of impend-try. Mr. Lloyd George, who is 72 ing trade recovery. Britain's ad-, years old, is unattached to any of verse trade balance in 1934. was the the political parties. He has dia- ⚫highest recorded in peace time and closed his

trade restrictions had multiplled.

proposals Lord Snowden, formerly, Labour Chan- Mr. Lloyd George further em- cellor of the Exchequer who has phasised that 2 bolder British given them his public support.. foreign policy both in diplomacy “ritish Wircices.

A FIVE POINT PROGRAMME

Roosevelt's Scheme For Protection

Washington, Jan. 17.

to

PRESIDENT'S POWERS

Wider Scope In Poland

President Roosevelt presented to Congress this afternoon a Eve- point programme designed as a protection agalust hazards of graphic

Saturday. Reuter

EARLY REPORT

Paris, Jan. 16. One Parls bank yesterday and is believed to have sold dollars

resumed gold shipments to York.

New

issue in the course of Wednesday were dashed when it was announ- ced here early on Wednesday after- noon that the gession fixed for 4. o'clock had been postponed, but according to well-informed League circles the negotiations regarding the date for the re-incorporation of the Saar with Germany are making good progress and about to be brought to a conclusion.

The meeting of the League Coun- cil is now scheduled for Thursday in which it is hoped that the fun- that no

The opinion is gaining ground damental question of re-incorpora- alteration of the goldtion will be resolved simultaneous- and that even a decision in fa- price in New York will take place ly with that of the date of the

actual transfer-

mean any alteration in the cur- your of the Gold Clause would not Transnecar Kuo Min.

rency. on the old basis some means would As debtors would not pay

have to be found to circumvent the decision,

It is stated that American banks have secured a large portion of the gold avaliable, being confident in the New York price.. A much calmer view is being taken gener. ally, and tentative gold shipments are expected shortly- -Reuter.

SILVER MARKET

(From Our Own Correspondenti

London, January 17. London silver prices to-day were 1/16 up as follow:-

Jan. 16. Jan. 17

Spot..... .24-9/16 24-5/8 Forward.....24-11/16,24-3/4 London on New York cross rate at 2 p.m. to-day was 4.87.83 com-

AGREEMENT EFFORTS (Special to "Hong Kope

Daily Press") (Bg Telegraph, Copyright, Tela graphis Messages Ordinance, Received, January 17, 4.20 p.)

189.4.

a

Late last evening, however, formula had been prepared and submitted to Paris and Berlin. It is accordingly anticipated that the compromise reached in these dis- cussions will permit of a Council meeting this evening and every effort will be male to reach a complete outstanding of detalls by the week-end. If necessary council, however, will meet again middle of February- British Wireless.

The

EXODUS BEGINS

Sarreguemine, Jan, 17. exodus. of inhabitants of

Ger-

the Saar who voted agause the return of the territory to many, who are fearful of their fate under the Hitler regime, started when a hundred refugees arrived here to-day,

Two thousarid more are expect- French territory to-morrow. ed to cross the frontier. into

Reuter,

CUSTOMS BARRIER

Paris, January 16,

An official decree has establish- ed a.customs barrier on the Franco-Saar frontier. The mea- sure will be enforced immediately.

-Reuter

BRAZIL PLEASED (Special to "Hong Kong Daily Press"). (By Telegraph, Copyright, Tetr traphic Messages Ordinance, 1894 Received, January 17, 180 p.m.)

Geneva, January 17. The negotiations between the German Consul-General and the chairman of the Saar Committee,

Berlin, January 17. Baron Aloisi, continued till a late' According to a despatch from hour on Wednesday night. It is Rio de Janeiro, the Brazilian not yet known whether an agree- Parliament has passed a motion ment has been reached between "expressing rejoicing of Brazil Germany and France. If it is not over the amicable settlement of reached by four o'clock the the Saar issue. League of Nations Council meeting | British Wireles. convened for that hour would not be able to treat the Baar Hence the "Saar" is question. not yet placed on the agenda.--- Trananeran Kuo Mia: -

A STRIKING ARTICLE

(Special to the "Hong Kong

Daily Press"),

A HIGHLAND WHISKY with the aromatic essence of the glens--a whisky that is a delight to the connoisseur and a revelation to the sceptic., Such is **BLACK & WHITE", known and

appreciated everywhere,

"BLACK & WHITE" is bottled in ous own bonded warehouses in Scotland and its unsurpassed quality is uniform the world over.

JAMES BUCHANAH & CO. LID. GLASGOW & LONDON

"BLACK & WHITE"

SCOTCH WHISKY

SOLO ASCENT TO THE STRATOSPHERE

Ambitious Plan By Spanish Aeronaut

(Special to "Hong Kong

Daily Press")

The projected altitude of 23,000 metres, if reached, will be a

(By Telegraph, Copyright, · Tele- | record, Professor Plecard having graphic Messages

touched only 16,200 metres, Ordinance, 1894.

the Received, January 17, 780 p.m.)"=

Americans 18,865 and the Russians who met with death in the fall presujhably 22,000,

Madrid January 17.

ordinary

to share the perils but the pre-

A daring attempt to explore the His wife has urged to be allowed. Herrera intends to fty alone.. atmosphere at an altitude of 23,000 metres with ballon and open gondola is to be sence of a second person in the made at the beginning of gondola would lower the mounting: February by the Spanish Lieut. capacity of the balloon by at least, Col. Emille Herrera. Spain's well-

1,000 metres. Among the sub- known aeronaut who has been sidlary apparatus, Herrera will frequently the guest on board the carry a short wave transmitter re- "Graf Zeppelin," hence the man porting the observations all along whose reputation and standing in.

the way. the scientific world entitled him

One of the most interesting features of the undertaking is to be taken quite seriously.

that, estimated at 20,000 metres. (B Telegraph. Copyright, Tele Preparations have been going

altitude,

Siberian. the whole graphic Messages Ordinance, 189

in the last eighteen months. peninsula, ought to be visible to Received, January 17, 730 p.m.) -

The balloon will hold 1,600 cubic the eye at one time. By the use metres of hydrogen. London, January 17,

of ultra red rays an attempt "will": Sir Austen Chamberlain con.

thebe, made to take a photograph of tributes a striking article to the

ascent and descent will each take the whole of Spain and Portugal visionally fixed for Germany to

declaration." take over the Saar conditional "peace

"German devoted to making observations at it will be the first time one of Sir Austen, the highest altitude

so that the on outstanding questions being

the

world's leading : Statés / "has triumphed and it would be whole trip is expected to last five photographed as a whole- settled.

more than foolish to attempt to hours. Reuter.

explain away the significance of this result. There must be many

TAKE OVER DATE

011

(Special to the "Hong Kong Daily Press"} (B Telegraph, Copyright, Tele Hessages Ordinance, 1892 Rorcived, January 17, 4-30 p.m.)

Warsaw, Jan, 17. After a twelve-hour debate, thepared with 4.88 at closing yester whereby March 3 will be pro-Daily Mall" welcoming Hitler's two hours while one hour will be in one snapshot. If this succeeds

The

modern existence. The programme was contained in the Bill drafted by Senator Wagner which com- prises compulsory unemployment Polish Senate last night by 74 day. and insurance payable by em- votes to 24 passed the amendments ployers through pay roll tax.

to the Polish Constitutional bill Payroll tax begluing one per which introduces the principle of cent on January 1 next Is an "elite" and which

to three per cent. by widens the scope of powers of the further Increased January 1 1938; secondly, com President of the Republic. pulsory old age insurance to which bill now goes to the SEJM so employers will equally contribute: that the new constitution may be thirdly old age pension for needy definitely passed by the end of aged outside compulsory Insurance payable by Federal State, Govern tended the important session of January. The entire cabinet at- ments; fourthly, voluntary Federal the Senate from start to finish, annuity system for those outside compulsory plans; fifthly, large session there were cheers for Po- and at the end of the twelve-hour tederal grants by States for assistance to needy sick mothers land and Marshal Pilsuds 2nd children. with extension of public health services.

LUFTHANSA PLAN

Berlin-Shanghai Air Service

The Hague, Jan 16. which was The leading British, German,

Paris, January 17. A compromise is reported to have been reached at Geneva.

·DIFFICULTIES ARISK.

writes patriotism,"

Herrera estimates that

who, like me, found relief when LORD RIDDELL'S

London, January f The League of Nations decision they heard that a great majority about the future of the Saar will in every single district in the Saar probably be declared at a Counell had voted for reincorporation into meeting at Geneva this morning the Reich. France, too, can be and the date on which the trans- congratulated on the result no fer of sovereignty to Germany is less than Germany for both bave to be completed will also be an escaped the fate that would have nounced. The date suggested Is poisoned the future relations of about March 1,

Immediate fixing of a definite

The original draft

the two countries while English- arst presented

men can understand and sym- to the SEJM in French and Dutch air lines will date which was desired by Ger- pathise with the feelings of the The bill provides for appropria. 1931 has undergone

considerable shortly meet la connection tions of a hundred million dollars i changes, notably regarding the the German Lufthansa Company's at Geneva yesterday and hamper sincere words of the Fuehrer may with | many created some complications | Saarlanders. We hope that the in the forthcoming year and subse-provisions governing the Partia pian for a Berlin-Shanghai service ed the work of the Council's Com find an echo in all German hearts quently two hundred million dol-mentary elections, the system of via India.

→Neuter.

lars appropriations are authorised. Proportional representation being conference The purpose of the mittee of Three under Baron and direct the future German

12 to

abolished, a fact which caused the competition. German and other minorities to Reuter. take a decided stand against the bili-

STAM MURDER | Transocean Kuo Min.

FILMS

Ban Placed By Nanking

Shanghai, Jan. 17. Chinese press reports state that

the

SPAIN'S NATIONAL

DEFENCES

(Special to the "Hong Kong Dally Press.

The

avoid harmful Aloisi: which was engaged in pollog"

drawing up the necessary formula.) l'i anseenu Kan Min.

F.B.I.-JAPAN TRADE CO-OPERATION

London, Jan. 17. It is learned that the British authorities have not yet been ap proached. Naturally it is suppos able that 'they desire to be con- sulted in what constitutes an en- tirely new undertaking crossing so of the recent Federation of British much British territory.

Negotiations for

In accordance with the proposal

NON-INTERFERENCE AGREEMENT

London, Jan. 16.

Austria Notified

(Special to "Hong Kong Dally Press")

Industries Mission to the Far East,

a Rangoon-the Federation has appointed a re- Hong Kong airline which is an presentative committee under the important part of Sir Philip Bas- chairmanship of Lord Barnby to (Bg Telegraph, Copyright, Up Talegraph, Copyright, Tele

soon's recent mission to the Far maintain contract with the comgraphic Messages Ordinance, 1893 graphic Messages Ordinones. 1895

East is being actively prosecuted mittee already appointed by the Beceived, January 17, 4.50 p.m.). and these involve agreements with Japan Economic Federation In To- eceived, January 17, 4-301 p.m.)

Vienna, Jan. 17. Siam, Indo-China as well as China. ko... Madrid, Jan. 17.

The Franco-Itallan non-inter- Imperial Airways are arranging to The alms of the two committees ference agreement was officially necessity of extending increase the fleet which serves. Spain's national defences was India, Africa and Australia by soy-blems affecting the general Idus- Government on the occasion of a will be to consider, jo'ntly, the pro-j communicated to the Austrian urged by the Premier in the Minis eral bigger and faster air Iers trial relations between Britain and diplomatic reception on Wednes terlal Council. It was agreed up with a special view to the pro- Japan, and to offer their good day when both the Italian and the on to modernise, first of all, the mised 14d. Imperial air mall in offices to any individual industries French ministers on behalf of It is belleved that the American somewhat out of date armoured 1938. First class mail to India which may desire to enter into their governments formally noti Newercel Company plans to pre-cruisers and to build twelve new alone is ten tons weekly of which discussions with a view to the co-fied the Austrian Foreign Minister pare a screen version of the affair gunboats Military aviation will Imperial Airways only transport lution of the problems which may of the non-interference protocol contrary to Chinese regulations—also be further expanded —

pre

confront them.

signed in Rome on Jamiary 7— Reuter

Reuter,

| British Wireless:

Trakebarau Kuo Hin

Government has instructed the Customs and Postal authorities. to seize any films connected with the recent murder of the mission- arles, John Stam and his wife by communists

Transocean Kuo Min.

· ESTATE

Large Charitable Bequests

London, Jan. 16. dell, the well-known newspaper The will of the late Lord Rid-

proprietor, was proved to-day at £1,538,901, gross. The total duty payable is approximately £784,021. Several large charitable bequests

·Transocean Bus Min

MASCAGNI'S "NERO"

New Opera Thrills Audience

Special to "Hong Kong Daily Press")

Milan, Jan, 173: cluding the Minister for the Press A most brilitant audience, in-

and Propaganda and the Vice- president of the Academia d'Ital attended the first night of Maa-

are made, and some well-known eaghl's new opera "Nero." The public men and women, as well as entire house was packed almost to practically all of his former em-suffocation and at the end of the ployees, are among the numerous performance the enraptured au legatees. These legacles include dience went wild with enthusiasm. £1,000 to Mr., Lloyd George and The new opera is rich in melodies £3,000 to Mr. Winston Churchill, and gave the star singers tald One third of the residue of the opportunities to show off thes estate is left to the Newspaper brilliant voices. The critics bestow Presend, one third to the Royal particular praise on the perform Free Hospital,-one sixth to the ance of the tenor, Aureliano For Printers Pension Fund, and one tile who sang the sixth between the Solicitors Bene Mascagni personally conducted his title role volens Association and the Bollel-new opera lors and Managing Clerks Asso- cation

action Wireless.

MAILS DESTROYED BY FIRE

Berlin, Jan. 18.6 Mails from India, the Straits Settlements, the Far East and Aus tralia by the liners Ranpura

The illustrious Italian composer.

of the Immortal Cavalleria Bund cans in his new opera Nero traverses on no new track Transocean Auo Men

and Orsova" were destroyed when the mail-van of the Frankfurt Berlin express caught fire lost Saturday owing to Carcal vio lating post office regulations" Reuter.