1935-08-22 — Page 9

HONG KONG DAILY PRESS, THURSDAY, AUGUST 22, 1935.

"THE MOST

SERIOUS

SITUATION

THE SILVER CRISIS

Much Activity In London

GENEVA DESIRES EARLY LEAGUE ASSEMBLY

Foreign Office Talks

London, August 21.

The possibility of sanctions against Italy dominates League circles who are hoping tsat the British Cabinet on Thursday would, favour the convention of the emergency meeting of the League Council next week Instead of on September 4, as originally 'pro- posed. It is argued that in view of the possibility of the de-. claration of war any day, the week saved by the adoption of this procedure would be of tremendous value.

The measures which might be taken by the League, accord- Ing to previous decisions of the League Assembly in 1921 and 1927, include a blockade and a naval demonstration against the " State held to blame for the threat to peace.

believed

The risk of applying any kind of pressure to a country in the present mood of Italy is freely recognised, but it is that the

most effective measure which "could be used to prevent an Itailan conquest"of Abyssinia would be the closing " of the Suez Canal or the denial of its approaches to Italian ships.

LI

naval

Before this can be done, how ever, the Lergue Conncu would have to pass a vote granting exe- cutive mandate to the Powers possessing the necessary forces, namely Britain and France. In the naval sphere alone the task of enforcing such measure should not be beyond the

power

of Great Britain but there is, of course, no question of the British Government undertaking any so- lated action.

HOLIDAYS SPOILED

League officials are hurriedly returning to Geneva from their holidays, realising that the next fortnight would be the most de cisive for the existence of the League and for the issue of war in East Africa and elsewhere.

In Faris the Press regards the prospects for a peaceful "settle- ment as, almost hopeless and 'em- phasises the necessity of main- taining the "Stresa Front' in the face of German danger.-: Reuter."

ין

EMPIRE CONFERENCE

London, Aug. 21. The gravity of the situation is reflected in the great activities

at Whitehall this morning, and the interest taken by all parties

In the position is shown by the

"HELLBORN BUSINESS"

Rates Fixed

Bombay, Aug: 20.

At an emergency meeting of the Board of Directors the Bombay Bullion Exchange unanimously re- solved to prohibit merchants from entering. into sliver transactionS either before the Arst settlement or the second settlement below the rupes rates of 84.13 and 65.1 respectively, until further notice. The resolution was passed with a view to avoiding the threatened crisis, and the bearing of rates in the present nervous market.— Reuter

HEAVY LOSSES

SINCE

1914"

GARETH JONES'S ABYSSINIA AND

BODY

SILVER

Cremated In Peiping Two Potent Factors

# Pelping, August 21.

London; August 21. Capt. Millar returned to Pelping Abyssinia and silver are at this afternoon with Mr. Gareth present the two most potent Jones's body en which Mr. Fitz-factors in the City, especially the Maurice, the British Consul, held an Inquest this evening.

Dr. Henry Mueller identified the body but because of the advanced stage of decomposition, medical evidence was unable to state the cause of death and the inquest was adjourned for further quiries.

4

in-

The body is being cremated to night and the ashes will probably be sent to England. When the

and

It is reported that bullion dead-body arrived at Kalgan last night. ers have lost 10,000,000 rupees in the "Chinese authorities the sliver market. One prominent foreign community met it, the dealer alone lost 3,000,000.

Chinese providing a military band. It was rumoured that prominent There were similar ceremonies this dealers were unable to meet their morning when it left Kalgan. Habilities at the present settle- | Reuter. ment- Reuter

SILVER MARKET

(From Our Own Correspondent)

London, "August 21. London silver prices to-day were unchanged for Spot and up 1/8 for forward as follows:-

former because real apprehensions exist as to what will be the effect on world trade in the event of an Italo-Abyssinian conflict, which will raise numerous knotty pro- blems especially the application of sanctions by the League on its members and the question of the definition of contraband Foreign

Silver continues to upset, the bought heavily

Exchanges. America Tuesday yet

on Monday and volume of business passed through Do corresponding

Some suggest that the American the Foreign Exchange market. Treasury dealt direct with the big commercial banks who are seasonal purchasers of dollars while others opine that the Bank

of England advanced sterling against gold ear marked for New York,

recent League of Nations council,

A rumour is going round" which whereby the question of sover-is obviously impossible to check eignity over the territory of Valual was removed from sphere of discussions.

haustive. Segal as-

Senator Bone, in an impassion- ed speech, declared that the time had come to end this "hell-born business," and demanded an surance that before Congress ad- journed and reported on its stewardship to American mothers, action be taken on the B

Senator Ashurt, declaring la favour of, neutrality, said Congress passed the Bill, let them agree that not a bushel of wheat, a pound of copper or a bale of cotton should be shipped, no mat- ter what prices these commodities commanded,

in

mood of the Senate, the Adminis- Influenced by the determined tration has agreed to bring the Foreign Relations Committee's neutrality resolution before the Senate to-morrow.

Printer

EXODUS FROM ABYSSINIA (Special to "Hong Kong

Daily Press")

(By Telegraph, Copyright, Tele- graphic Menager Ordinance Received. August 21, 4.80 p.m.)

1894

Addis Ababa, Aug. 21. The failure of the Paris three Dower conference resulted in the mass exodus of Italian residents

Spot Forward

29

the

Chicanat

Veuve

Clicquot

DODWELL & CO., LTD.

Tel 20638.

Sole Agents,

FIGHT TO THE FINISH

up, that America is an unlimited Against Emergency

buyer of silver at the present price.

Meanwhile gold is

now below 140/- for the first time in the current year, due to the small but steady continental demand for sterling which is being partially offset by the British Control's purchases of francs.--- Heuter.

Decrees

I

Queen's Building.

FUNDS URGENTLY

NEEDED

Tainan, August 21. Thousands will perish unless funds are received, says General Han Fu-cho in a telegram to Nanking. After

a

survey of ten flooded" districts in Shantung, he declares

that refugees in that provİXİGÜ number 10,000,000. They requira." at least $2,000,000 for food alone.

He has requested the Govern-- ment to impose a flood tax on all, rallways and appropriate $15,000,- | 000 for flood relief work im- mediately.

Both the Abyssinian delegates regretted that this made the ex- treatment and solution of the dispute impossible. Under the circumstances they Aug. 20

Aug. 21 would have to refuse the new 29

mission allotted to them, were it 28-9/16.- 28-11/16 not for the gravity of the situa- London on New York cross-rate tion at the present moment. at 2 p.m. to-day was 4.9831 as Both the compared with 4.925 at closing thereupon, according to the Paris Italian delegates

Another indication that Signor yesterday.

Mussoliny does not intend to draw "Solr" made. a declaration <x- pressing, all reservations respect-back from his African enterprise ing the Abyssian communică- is seen in the fact that he is ac- tion.

cepting the renewed offer to vo- lunteer for Colonial service by his lieutenant, Colonel Achille

After the international song had Starace, the Secretary of the Fas-been sung, various speakers who rist Party, and nine members of Lue directorate of the Party.

(Special to "Hong Kong Daily Press"} (By Talegraph, Copyright, Tale graphic Messages Ordinance, 1894 Received, August 81, 7-50 p.m.)

Paris, August. 21. More than 30,000 civil servants avid "Buffalo Stadium"

ex-soldiers assembled al At the same time it is estimated

for protest demonstration against the & mass

that there are 1.000,000 homeless. in Honan, owing to the foods, decrees emergency

which the

and that material damage Marxist "united front" announced exceeds $50,000,000- same time ago they were, organis- į Reuter, made ing.

The question of how those stud- ents will sit for the examinations due in the autumn, is now settled by deputising the Italian Colonial schools in East Africa to appoint A special commission to conduct

he examinations locally. Transocean Kun Jin.

ITALIANS LEAVE

Addis Ababa. Aug. 20.

Italian nationals

Forty-eight

Transocean Kuo Min.

MR. MACDONALD'S VIEWS

London, Aug. 21.

Starace holds. one of the most influential positions in Italy and all the members of the directorate are prominent Fascist.

Mussolini has replied to these offers that he will carry out the

and their families left Abyssinia stated Mr. Ramsay MacDonald shirt Division,

on arrival in London from

yesterday at the instigation of the Italian Government,

to-

"Who Dares, Con-

were mostly leaders of communist tradesmen, made sharp attacks against the Governments decrees." One of the ex-soldier's repre- sentative gave assurance that the ex-soldiers were in full accord with the workers while the com- munist leader, declared that the trade unions were ready to call a general strike if the decrees were not rescinded,

The Government ought to be careful if they did not want to have serious disturbances in Tulon

the speaker with cries of "long again. The excited crowd greeted

HU HAN MIN IN GERMANY

Nanking, August 21. Advices received here state that Hu Han-min, the veteran®" politi- cian, has arrived in South Ger- many from Switzerland, adding thaa at present there is no intima- tion of his returning to China Reuter.

WANG LEAVES

Shanghai, Aug. 20. Mr. Wang Ching-we left for

I regard. the present posi-wishes of the volunteers at the tion as the most serious thing first suitable moment. we had faced since 1914, Some 2,000 men of the Black- the "March 23 Division". which Mussolini ad- All Italians living i Addis Lossiemonth to- attend

dressed last week-end, · embarked Ababa are fast becoming more or morrow's emergency meeting adopted the motto. "Implaceable." at Naples this evening. They have from Abyssinia and it is believed less directly affected by the war of the Cabinet. Mr... Mac- Other divisions have adopted such live the Soviets every where" and Nanking at 11 p. being recom- fact that Mr. George Lansbury that by Saturday all the

Italians preparations. For instance, it is Donald was accompanied by mottoes as: called on the, Foreign Office at except the Consular staff will

reported that 10.30 am, and had an Interview have left the country. Numerous

the Italians here his son Malcolm and added quers." are using horses and mules in- ̈ lasting 20 minutes; with Sir Sam- other foreigners likewise are get- stead of motor cars to save petrol that the situation was very uel Hoare after which Mr. Lloyd ting ready for departure since war

as far as possible.-- is now regarded unavoidable and Transocean Kuo Min.

grave."--Reuter George, who motored up specially "from Churt, visited the Foreign it is feared that the Italians will

Office at 11 am, 'stayed over an

bomb Addis Ababa immediately hour and saw Sir Samuel Hoare after the opening of hostilities. and Mr. Anthony Eden," but de-

Transocran Kuo Min. clined to say anything in regard to the visit.

After Mr. Lloyd George's call, Sir Samuel Hoare held a mini- ture Empire Conference in

the

EXCITEMENT IN CADIE (Special to "Hour Kons Daily Press")

By Telegraph, Copyright, Tela graphic Messages Ordinance. 120).

Foreign Office which was attend-Received, August 21,"4,90 p.m.) ed by the High Commissioners of Australia, Canada and New Zea

Madrid. August 21.'

has

land and the Egyptian Minister. Considerabit excitement

It is learned that as a prelimin-been caused by the arrival of two ary to the Cabinet Meeting to-hydroplanes of the Italian navy morrow the Foreign Affairs Com-in the Straits of Gibraltar, just off Cabo de Tarifa, in the pro-

mittee of the Cabinet will meet

at 10, Downing etreet to-day and vince of Cadiz. The reason given

by the hydroplanes' that Mr. Ramsay MacDonald, will

crews for

EFFORTS TO GO ON

וי

Reuter

POLITIS APPOINTED

London, Aug. 20. A Paris message sates the Italo- Abyss.nig Commission of Concilia- tion and Arb.tration met there to-day, THE MINISTERS RETURN

and unanimously agreed to the appointment as fifth arbi- London. Aug. 20. trator, of Monsieur Nicholas Politis, the Greek Minister in Paris and a Prime Minister, Stanley Baldwin is leaving Aix-les-Bains, Jurist of intemational reputation, where he arrived two days ago on who has taken active part in a holiday and will reach London League Affairs since its inception.

Politis has accepted the appoint- Baldwin saw Sir Robert Vansittart,ment, and the commission will re- the Permanent Under Secretary sume its hearings on the Walwal for Foreign Affairs, who reported incident as soon as possible.

British Wirelen.

The

to-morrow. This afternoon

Mr.

"Paris, Aug. 20. The Italian-Abyssinian condiia- tion committee to deal with the dispute arising out of Balua) in- cident met on Tuesday fore- noon when it was decided that the arth arbitrator would be named so that in case differences of opinion arising among the four present committee members the fifth could be co-opted without waste of time. The committee agreed un- animously that the fifth commis- tee maan elect should be M. Politis the Greek Minister in Paris.It was further decided that the com- mittee should take up, labours at

-and to deal with statements made like the Prime Minister are inter-

by the governments concerned.

rupting holidays abroad. Mr:

on the Paris conversations,

Mr.

Baldwn will preside. at. Thursday's Cabinet, for which the Ministers are returning to London country. Mr. Neville

from the

be presiding in the absence of their presence in Spanish waters the point it was last interrupted | Chamberlain and Mr. Walter Eliot, Abyssinia representative, Professor

Stanley Baldwin, in order to hear Mr. Anthony Eden's report on the events in Paris and to consider the position arising from the fai lure of the Paris Conference.-- Reuter

D.S. CONCERN

Washington, Aug. 20. The possibility of war in Europe

War

&care

I

detach-

was that the Italian Munition transports must be protected. is sald here that some ments of Spanish troops are al- ready preceeding to Cadiz and that further units from Cordaba

and Seville will shortly leave to the Spanish

The commander of the Spanish

be distributed -over coast, districts.

CERTAIN WITNESSES

Paris, Aug. 20. Abyssinian

To-day proceedings of the Italo- Concillation Commis- sion were devoted to hearing the

Jeze. Subsequently the Itakan The legal expert of the Abyssi-Ramsay MacDonald left Lassie- that certain witnesses should be delegate, Professor Lessona, asked nian Government, Professor Jeae mouth for London to-day. He has heard and the Commission agreed was asked to submit his report cancelled all engagements for the to hear them within the next few taking into consideration the Lea- period of a week. On his return

days. gue of Nations decisions of August to Scotland he will visit Balmoral 3, 1935, whereby the question of

Reuter. territorial ownership

Valual was ruled out.

At the beginning of Tuesday's

of

Castle.

FUTURE MEETINGS

The Italian Abyssinian Con-

The Foreign Secretary, Sir Samuel { (Spezizi to, the "Hong Kong Duits Hoare and the Minister of the League of Nations Affairs, Mr. An- to-day precipitated an animated Army division in Batearie Islands session the Abyssinian representa thony Eden conferred both in the

Presa” Bopyright).1,"f

debate in the Senate in which who has been staying” in. Madrid tives Lapradelle and Professor Pot- morning and in the afternoon, and illation Committee have decided

Paris, Aug 20 twenty members joined, and dur: left for Balearic Islands imme- ter, made a declaration, the nature also saw Bir Austin Chamberlain ing which newspaper

diately after a brief conference or which was not made public.

to hold the future meetings at and Mr. S. M. Bruce High Com-Berne, where they will hear the headlines were read out.

with the War Minister. The Ma- The Italian drid papers are not permitted to Count Aldovrandi and state coun- represented Australia at many

representatives.missioner for Australia, who has evidence about the Valual dispute the Cadiz incident as they are they had made reservations con- visited the Foreign Office. Mr. Eden Transocean Kuo m publish the reports referring to cillor Montagna announced that meetings of the League, when they trom certain important wit- still under rigid censorship concerning the Abyssinian statements, informed them of what had oc Both statements were recorded incurred at the Three Power Con- the minutes. Finally the four ference in Paris. committee men agreed that efforts British Wireles should be continued.-- Transocean Kua Min.

A powerful, group of senators is pressing for the passage, before the adjournment of Congress block their move, of a bill embodying trol.mi neutrality legislation, introduced Transocean Kuo Min. by Senator Pittman, chairman of the Foreign Relations Committee. This measure would block ship- ments of arms and munitions to belligerents and forbid American citizens travelling in belligerent ships and deny American porta to belligerent warships, vaja svIATE

The speakers frequently referred to the drawing the United States into the World War,

STUDENT SOLDIERS (Special to the "Hong Kong baik. Pres" (Copyright):J

Rome, Aug 20.

SITUATION GRAVE

"WHO DARES, CONQUERS”*

nesses.

!

COTTON LOAN

New York, Apr. 20. The "New York Times W Rome, Aug. 20,

ton correspondent says Paris, Aug. 20. Following the return of Baron of the cotton loan The Paris "Soir" asserts that Aloisi from the abortive Paris a ba East African operations. are a the statement made yesterday by conference, this evening, It larze number of students who were the Abyssinian representative at announced that Italy will almost

her called to the Colours or the Italian-Ethiopian concilia- certainly attend the League Coun offered themacives as volunteers. tion committee referred to the cil meeting September

Among those directly affected by the military preparations for the

rred to the

the assembly finally passed a re-panted by Mr. Wu Ten-chen, MI. solution declaring that they will L Shih-tseng, Mr. Tseng Ching- fight to the finish against theming, and Mr. Lin Yat-au- injustice" of the emergency decrees... Transocean Kuo Min

GUARDING INDUSTRY

Washington, August 20. Committee on the Textile Industry The chairman of the Special

sald the Committee's long-awaited

Instal a

Beater.

report would be sent to the White House to-day or to-morrow and will include recommendations for relieving the industry of a number of problems, chief of which satel Japanese cotton goods competition. the cotton, processing tax and

Reuter.

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