1935-05-17 — Page 9

HONG KONG DAILY PRESS, FRIDAY, MAY 17, 1935.

THREE OIL COMPANIES FRENCH SEAMEN STABILISATION

TO WITHDRAW

Untenable Conditions In

Manchukuo

London, May 18. -It appears that the oil business in Manchukuo will shortly bave to be carried on without the par- ticipation of the foreign off com- penter consequent on the restric- tions placed on their operations which have been the subject of representations to the Japanese Government without any fruitful result.

ON STRIKE

Various Steamers Affected

(Special to "Hong Kong Dally. Press"}

OF CURRENCY

Financiers View The Situation

London, May 18. Mr. Henry Morganthau's 19- marks about stabilisation, coupled with Mr. Cordell Hull's statement that stabilisation is an important programm, while admittedly part of the United States trade

RUMOUR AGAIN MARKED

BUSY

Reconstruction In Britain

London, May 18. Talk of reconstruction of the Government and even of a general. election in the Autumn", "his re- vived now that the end of the India Bill is in sight,

MARKED SATISFACTION

IN MOSCOW

Official Communique On Laval's Mission

(Special to "Hong Kong Daily Prous”) Chy | Talograph,' Copyright, Teir graphic Metagar to

Ordinance, 1893- Received, May 16, 4:00 p.m.)

By Telagraph, Copyright, Tela graphic | Masinger" Ordinance, Japan which the latter will bave Received, May 16, 4-30 p.m.).

1395 | the right to take over in 'time of emergency at her own price, it is

Paris, May 16. understood that the 01 Compan-French liner Normandle is again The first salling of the stant les reminded the Japanese Goy- ernment that 'other governments placed in doubt by the outbreak | vivifying stab'isation talk, is con- come some time, partly because of making similar demands at least of a strike affecting various steam-sidered to be purely gratuitous paid for the expense of, buildingers in the port of Le Havre. The the necessary storage tanka.

It is believed that this argu- ment 1 kely to be effective in securing a satisfactory arrange-

BREACH OF OBLIGATIONS (Special Air Mall Service)

Reuter learns that the Asiatic Petroleum Company: Standard | ment- Oil Company of New York and Reuter, the Texas Oil Company. in view. of the Impossible conditions creat- ed by the Manchurian monopoly.! have virtually decided to with- draw. all stocks of petroleum and crude oil in Manchukuo. At Dairen they have already applied. to the Customs for the necessary draw-back of stocks on hand in

that port.

The Ol Companies, in an inter- view with Reuter, indicated that they are in despair on the quea- tion of arriving at a compromise to enable them to carry on and they believe that they are DOW finished with business in Manchu-

kuo.

In reference to the Japanese petroleum industry law of March

1934. requiring the Oll Companies to accumulate large

reserves

BOWLING OF

LARWOOD

ما

To Be Médiuni Pace

This Season

London, May 16.

Harold. Larwood, the Notts fast.

London, April 30,

Was

The dispatch of a further Note to the Japanese Government on the subject of the oil modopoly in Manchukuo was also announced by Sir John Simon. In this com- munication it was again pointed out that the monopoly contrary to treaty obligations "be- tween China and foreign Powers, which were binding on the present regime in Manchukuo. Regret was expressed that the Japanese Gov- ernment so far from using their undoubted authority "to fulfilment of the assurances given by themselves and by the, Manchu- kuo authorities, had attempted to justify action which was a clear breach of obligations.

ensure

strike movement started among the crew of the liner Champlain and then spread to the Compagnie Atlantique's other liners, HLA- fayett." the "Cuba" and the "Nor- mandie." The delegation at the crews has proceeded to Parks where the Minister of Commerce is negotiating with the sailors in order to end the conflict between the strikers and the Compagnie Transocean Kuo Min. Transatlantique.--

to delay the

SETTLEMENT EFFECTED

Paris, Later. The strike on the various iners of the French shipping concern. the Compagnie Atlantique" and which threatened maiden voyage of the giant liner Normandie, has been amicably settled by the intervention of the Minister of Mercantile Marine, according to an announcement here on Thursday morning.- Transocean Kuo Min.

re Reconstruction, is expected

the excessive strain of the Premier- ship on Mr. Ramsay MacDonald, whe carries out a prodigious amount of reading with trouble- some eyesight, and partly because of the normal opportunities for re- arrangement which occur during the long life of any Government.

Rumour was at its busiest Inst evening and the likeliest story circulating in the lobby is that Mr. MacDonald and Mr. Stanley Bald- win will change places during the Whitsun recess.

OBSTACLE REMOVED

Moscow. May 18,

.:

4

Stalin, were frank, direct and ex- haustive."...

Trance'in Kuo Min.

STALIN HATISFIED

Paris, May 18. Stalin's emphatic approval of

her

states devoted to the peace cause

"Just for the sake of peace therance's policy of national defence as expressed in the Moscow, come are under the obligation not to munique is prominently featured decrease their means of defence." by all papers here which repzo- says an omelal communique sued cused in heavy type under enor- by the Soviet afcial news agency.mous headlines" the passage in

the communique Tass after the conclusion of the

stating that parleys between

both the French and the Soviet Stalin, Moletoť, Litvinoff and the French- Foreign

Governmenta consider it their Minister, Laval,

duty not to allow the means for national defence of their respec- by the statesmen over the conclu-any respect and that from this Streasing the satisfaction shown five countries to be weakened in sion of the Franco-Russian mu standpoint Stalin fully under- tual assistance pact which is de-

stands and approves France's de- have The election rumour is natural,clared to

been discussed termination to maintain her arm- because, with the passage of the from all angles, the communiqueed strength on the level neces- India Bill by the beginning of goes on to say: "Stalin showed a sitated by the demands of August virtually assured, the only complete understanding for the security. dennite obstacle to an early elec-endeavours of every country to tion is removed and, with other reach the state of armament that legislation completed, the Governmeets all the requirements for its security. It has been particularly ment may prorogue the session in

recognised that the conclusion of August instead of adjourning it, this enabling the holding of an

the mutual assistance pact be- election during the recess it do-

tween Soviet Russia and France sired.

in aoway lessens the importance regional pact in Eastern of the urgent realisation of a

HEARTY BIND-OFF Europe

The majority of the papers pub- which would unite the state ori-ished glowing reports of the ginally provided for on the basis bearty send-off given onus

of

to. Lavor non-aggression, consultation when he left Moscow for Warsaw sar or obligations. In unison both 2nd non-assistance for an' aggres- Governments

continue Co work for the development of diplomatic procedure most suitable Transocean Kuo. Min.

Mr. Henry Morganthan, U.S. Treasury Secretary, who is pro- ninent in the financial world following his announcement of American silver poñcy.

and meant to pass the initiating

INVITATION TO GERMAN MANOEUVRES OF Btian Suthorities who

negotiations to

WAR VETERANS

To Visit Brighton

(Special to the "Hong Kong Dally Press")

Tela

(Hy Telegraph, Copyright, graphio fexages Ordinance, 189. Received, May "16., 4.30 p.m.)

London, May 16.

On the invitation of the British

bowler, says that his left foot wilti | Legion, a delegation of German not be able to stand the strain of fast bowling so he will only be bowling medium pace this season. Reuter,

Larwood, the fastest bowler "to- day, and perhaps the most ac- curate, was the main character in the body-line controversy which cropped up when he bowled the leg-theory so successfully the last Australia with

time he toured Douglas Jardines team.

Although sending the ball down at a terrifc rate, Larwood is re- puted

to have complete control over all his deliveries and apart from

being England's best fast bowler, he has been known to hit up some big scores, one of his best innings being 70 odd runs scored in a Test match against Australla some seasons ago.

TURKISH MINISTER VISITS HUNGARY

Efforts To Pacify The

Little Entente.

(Special to the "Hong Kong Dalis Press")

ад

war veterans will travel on June 20 to Brighton in order to lay wreaths on the burial place of the German war prisoners who died in Britain. This visit la the out- come of the relations established last year when a German worman on her death bed requested a picture her son who died im Britain as a war prisoner.

The British Legion secured the photo and sent it to Germany though unfortunately it arrived too late. Transocean Fun Min.

ADMISSION OF YOUNG

PEOPLE

Dutch-German Agreement.

(Special to the "Hong Kong Daily Press").. (By Telegraph, Copyright, graphic Menager Ordinance, Received, May 16, 7.30 p.)

Tele-

1808.

The Hague, May 16, Holland and Germany have con- "cluded an agreement concerning the reciprocal àdmission of young people of both sexes for the pur pores of professional training and perfecting their knowledge of the languages, according to an an- nouncement made by the Ministry

U.S. FLEET

of

Many Government supporters believe that an election in October would be more favourable to the the Government than in the Spring or are not later in 1938. Undoubtedly the Government's stock is at present very high, as evidenced by the West Edinburgh election

This is believed in some circles

considered

a

"Not Aimed Against undervalued in terms us sterline; to be due partly to the serious for the attainment of this goal"

Japan

likely to accept the responsibility in view of the conditions on the American continent,

The dollar is still

while the city continues to feel European situation, on which, in apprehensive regarding the pro- the recent foreign affairs debate. spects of the Gold Bloc, especially even the Labour opposition more owing to the French Treasury or less approved the Government's budgetary difficulties which have policy, also partly to the fact that not been helped by the rising trade has revived considerably in tendency of short-term and long- the last two years term 'money in Paris. Neverthe Renter.› less many influential Britishers Navy. when and Americans are of opinion. a press conference to the only way for clearing the tbat international stabilisation, s'

The United States, be added, channels of international, trade did not object to the Japanese at present choked by quotas and fleet manoeuvring in the North high tariff: Pacific provided it did not come

2,000 miles of the

Washington, May 15. The manoeuvres of the Ameri- can fleet in the Pacific Ocean are in no way aimed at Japan, declared Mi Claude Secretary of the speak at day.

Swanson,

แ

The situation is summed up by

within

west a prominent anancler who states that while the benefits of stabili- coast of America.

Commenting upon the allega-sation generally, are admitted, "no tion that the American feet had country is prepared to take the approached too close to Japanese lead for fear that others by sub- territory in the mid-Pacific area, sequently devaluing may gain a Mr. Swanson said that he had re-

substantial trade advantage. Reuter. peatedly given orders

that no units of the United States feet should cross, the 180th meridian.'

The Secretary of the Navy add- ed that the approaching Japanese war games would bring the Japan-- ese fleet nearer to Hawaii than American vessels had approached Japan.

SILVER MARKET

(From Our Own Correspondent),

London, May 16. "We consider that Hawaii is London Bliver prices to-day were United States territory," Mr. up 1/8 as follow:- Swanson pointed out, "but we shall make no protest. Fleets are bound to manceuvre somewhere."

May 15 Spot ............35-1/4 Forward........35-7/16

May 16 35-3/8 35-9/16

INDIA BILL

With marked satisfaction the Press stresses the fact that Stalin Bas thrown the Commünist and anti-militarist propaganda over- board but the Nationalist papers were inclined to doubt whether the French Communists will some! to heel"

on Wednesday night Litvínoff and many other high Soviet-func- tionaries are stated, to have, al- cordoned on by the Police and sembled at the station which was

gally decorated with French and Boviet flags while a guard of hop- LAVAL'S ADDRESS

our with a military band was drawn up beside the waiting train. Moscow, May 16.

When, Laval arrived the band In honour of M. Laval terminated ed by the Internationale. After The series of public functions struck up the Marseillaise follow- on Wednesday with a ballet per shaking hands all round the formance on the conclusion of French Minister entered the com- which Laval held a broadcast adpartment and standing at an open dress in which he said: "I am window cried "Long Ave Franco- now in the great Moscow theatre Russian friendships the train where the last function in hon started to move. our of a representative of France Tranaocean Fun Min, has been given by the Soviet Gov- ernment From here I desire to express my satisfaction at the re- sult of my vialt to Moscow where the reception by the Soviet au- thorities as well as the inhabitants has been extremely 'cordia], The pact confirmed the unity of both London, May 15. Parliament created a record by Governments and my visit to Mos- the completion last night in 30 cow bas sealed the friendship be- Parliamentary days of the Com-tween these two countries, My mittce stage of the huge India BII, conversations with the leading originally consisting of 450 clauses personages of Moscow, especially and 15 schedules, and now even bulkier. Some 1,500,000 words were spoken in over 2,000 speeches, and tramping the division Tobbies. the members spent 18 hours

Record Achievement By Parliament

An average of 70 speeches were made dally. Mr. R. A. Butler, the Under-Secretary for India, leads with 200; Sir Samuel Hoare, Secre- tary of State for India, before his absence owing to illness, contribut- ed 165; Sir Henry Page Croft, one

Sir Thomas Taskip and Mr. Win- ston Churchill, over 100

mirai Kato,

Referring to the assertion of Ad- i London on New York cross rate

that the American at 2 p.m. to-day was 4.8850 com- the leading Conservative op- feet came within 1,350 miles of pared with 4.8775 at closing yes-ponents of the Bill, over 150; and Japanese territory, which was only terday. 10 hours distant in flying time, that the manoeuvres were design- Mr. Swanson emphatically denied

attack upon Japan.- - 'Reuter,

of Social Affairs here on Thurs-ed to test the feasibility of an air day-- Transocean Kuo da

MACEDONIAN TERORIST

* LEADER

(By Talegraph, Copyright, Telu graphic Massages Ordinance, 1994 Received, May 15, 7.30 p.m.)

Budapest, May 18. The Turkish Foreign Minister, Rushdey Aras was received Wednesday by Goemboes, later having an interview with the Hungarian Foreign Minister, Kan- ya but no oficial communique as to the subjects discussed was" pub- Hehed." Informed "circles, however, belleve that Rushdey Aras, in the capacity of President of the Lea- gue Council, spoke with the Hun- garian Premier concerning the complaint of the Little Entente (Special to the "Hong Kong against Hungary in the Marseiles

Daily Press") assassination, adding that Italy

Telegraph, Copyright, Te and France have for some tline graphs Mersager Ordinunca,

1884." been trying to Induce the Little Arceived, May 16, 7.80 p.m.): Entente to take up a less hostile attitude towards this question.

Hungary insists on the Anal liquidation of the accusations be fore she lawling to enter into diplomatic negotiations regarding The Danubian question Transocean Kua địún,

MR. JOHN BUCHAN HONOURED

London, May 15, It is officially stated that His Majesty has approved the bestow ing of a Barony or the United Kingdom upon Mr. John Buchan famous author, who has just boen named the next Governor-General of Canada. Reiter,

(B

Shoots Himself After Killing Woman

Sofia, May 18.· One of the most daring Mace donian terrorist leaders named Botschel, who belonged to the Protogeroft group and who had been sentenced to death for the so-called "Vehile murder two years ago, committed suleide by shooting in his hiding place here on Wednesday evening.

Before he killed himself, Bots- cheff, who was almost blind as the result of a bullet wound in the head sustained during an affray with his enemy terrorista some time ago, shot dead his woman friend, Petkova. The latter had. long been Batschef's constant companion and had successfully concealed him for two years from the police who were hot on his

Transocean Kuo Min.

CZECH-SOVIET PACT--

TO BE SIGNED

(Special to "Hong Kong Daily Press”).

(By Telegraph, Copyright, Tila graphic Mastagar Ordinance, 1804 Received, May 16, 4.30 p.m.) •

Paris, May 18. The non-aggression and mutual assistance pact between Soviet Russia and Czechoslovakia will be signed in Geneva during the League of Nations session begin ning on May 20, according to a report received by the "Oeuvre" from Warsaw. The report appears to be confirmed by a French semi- official news agency's message from Prague, stating that the pact negotiations going on there for some time have been successfully concluded.-- Traniocean Kuo Min.

SHIPPING COMPANY

DIRECTORS

AIR LINE TO ITALIAN COLONIES

(Special to “Hong Kong Dally Press")

Moreover the voluntary arrange- ments agreed to by all sections of the House for the allocation of time, worked very smoothly and in a businesslike manner,

They satisfed all the parties and avoid- ed the use of the guillotine.

Bix days are still to be devoted to the Report stage of the third

(By Telegraph, Copyright; Tele-reading before the Bit goes to the graphic Messages Ordinance, 1894 | House of Lords --- Beceived, May 10, 7.30 p.m.)

Milan, May 16. An agreement for the immediate opening of an air line from Italy to the Italian colonies in East Africa has been concluded between Italy and Egypt, according to Press reports here. The agreement grants Italy the right to fly over Egyptian airports.— Transocean Kuo Min.

NEW AIR LINE FROM PARIS OPENED

(Special to "Hong Kong Daily Press") (By sýrepX) - Copyright, Tele graphic Message Ordinands, 1891 Rocafoed, May 16, 1.30 B

Reuter

TOBACCO SECURITIES

TRUST

Denies Dealings In Pepper

Landon, May 16. The Tobacco Becurities Trust,

statement, denies dealings in epper, but says that its sub- sidiary, the Dean Finance Com pany, had transactions relating to shellac, mainly loans against shellac.

With a view of protecting loans, the Company acquized WHilams Henry Limited. The result of sub- underwriting was also left with Paris May 16 the shares in James Shakespeare Lord Bladince, and Bir Philip sinine has been inaugurated, the nett Toss of £288,000 based on the London, May 16 The new Parts Bordeaux Madrid The Dean Company incurred a Browne have been elected directors | first plane, leaving Faris on Wed-present price of shellac, but the of the P., and O, and British India Lesday afternoon and arriving at Company made profits

Steam Navigation Companies.

Beuter

Madrid in the evening. -- Transocean. Kuo Mini

business Reuter

"Ovaltine

for me!"

PT TO ATTEND FUNERAL

Warsaw, May 16 Laval left Moscow on Wednes- day evening and is proceeding 10. Warsaw to attend the funeral service for Marshal Plsudski in St. John's Cathedral on Friday, following which he will continue to Cracow to represent France, at the Marshal's burial, jointly with Marshal Petejn.~*~.

Transocean Kuo Min.

All children prefer Ovaltine' because it is so delicious. But "Ovaltine is more than adelightful boverage

It provides

the

nucritive eier quired to build up Health and Energ,