1935-12-12 — Page 9

HONG KONG DAILY PRESS, THURSDAY, DECEMBER 12, 1935.

BRITISH SHIPOWNERS AND

AND FOREIGN SUBSIDIES

Unequal Struggle For

Existence

APATHY OF EMPIRE

GOVERNMENTS

Mr. Alex. Shaw's Comment At P. & O. Meeting

London, December 11. The fatal unwillingness of the Empire Governments to give British shipowners the least assistance in their unequal struggle. with highly subsidised foreign lines, which in certain directions was making it impossible for British ships to remain at sea, was strongly emphasised at the P. and O. annual meeting by the Chairman, Mr. Alexander Shaw.

Mr. Shaw drew attention to the fact that the Canadian and Australasian Line will soon be the only British service linking up North America and Australasia, and even this will be at an en- ormous sacrifice.

"The problem was not merely concerned with our commer- cial interests but went to the root of our Imperial position," he raid.

Drawing further attention to the continuous decline in British ship ping serving Home ports and failure to persuade other countries to agree to International nation- alisation of shipping, Mr. Shaw said that no argument was effec- tive until the British Government had shown by deeds and not mere- ly by words that a subsidy will be met by subaldy "and restriction by restriction.

"Our vessels can no longer be Cinderellas of the Bea," he said.

JAPAN'S NAVAL DEMAND

Delegates Seeking Solution

Landon, Dec. 11.

In an atmosphere of impending

"

Mr. Shaw also drew attention to the hardship caused by continued pay-cuts and asked the share- holders to remove half of the cuts

from January 1, 1938.

Despite the growth of air malle, the bulk of malls carried by the P. and O. had actually increased

46 per cent.

Mr. Shaw was convinced that the air and sea services, as regurds both mails and passengers, were always able to co-operate to mu-

uni benefit-

Kruter.

NOBEL PRIZE AWARDS

Presentation By King Gustav

LONDON SILVER

EMBROGLIO ··

Slight Change In Situation

London, Dec. 11

After yesterday's excitement, silver; was distinctly less ponicky: The offerings on behalf of Far Eastern and Indian speculators who were naturally rather embar- ∙rassed in the recent developments. were less voluminous. A good deal of selling orders were placed at the limits.

The market is hopeful that the fixing at least of "Spot" quotation will be possible, while prospects of the "Forward" price being deter- mined are remote. It is believed that the spat price, if fxed, wil: be around 28 pence.

The attitude of America remains enigmatic.

ANGLO-FRENCH PEACE PROPOSALS

Certain Modifications In Tentative Agreement

"London, December 11.

The uneasiness felt in the Commons at the published ver- sions of the proposed peace terms appeared to he somewhat al- layed as a result of last night's debats and the Opposition chal- lenge was defeated by 281 to 139 votes. Newspapers commenting on "the debate emphasise that the British and French Govern- ments having been requested by the League to pursue their en- deavours to promote a settlement of the dispute, the proposals ́1, which had resulted from the conversations between Sir Sampel Hoare and M. Laval were no more than suggestions for, basis of discussion.

The "Times" says as the situation now stands certain media- cations suggested by the British Government and accepted by the French have been made in a tentative agreement reached in Park. These modifications were apparently concerned mainly to ensure that there is complete equality as between the belliger- ants in considering the proposals and that no contingent condi- tion with regard to postponement of sanctions is attached to them. That being agreed, the proposed basis for peace negotia- tions has now been sent forward and further developments wil depend upon the views which are taken of it.. ・・

- FOREIGN EXCHANGES

Foreign exchanges are feeling repercussions of the silver

em.. broglio, Sterling 15 weaker in terms of both dollar and gold bloc currencies owing

'fears to

JI Apparently M. Laval's original ·

idea was was it should go first co. shortage of dollars should the United States resolve not to main-Signor Mussolini alone, who is cer tain silver purchases on the pre-tainly not unaware of its terms, agreement has been reached on the

but this was wisely dropped.

vious scale,

Gold bloc currencies have bene- ated sympathetically.

ruster.

!

CHINA QUERY IN COMMONS

Discrimination In Shipping.

A further suggestion seems to have been made that 30 8000 83

the Italian Government agreed to d'scuss the proposals all idea of Intensifying the economic pressure on Italy, should be abandoned.

This also appears to have been dropped, and rightly, since the proper moment to call a halt in League action can only come when Italy calls a halt in military oper- ations which she is conducting" in

of the -flagrant violation both

League Covenant and of the Ke- logg Pact.

The British Government then' would have shown themselves. ready to join in forwarding this London, Dec. 11.

proposed basis of discussion to the In the House of Commons to parties concerned, but are not day, Mr. A. C: Moreing. inquired committed in any way to forestall- whether the Foreign Bercetary had ing or pressing for its acceptance. (by Telegraph, Copyright,

The French Government appar- received a report from Sir Alex- Tele graphic Messages

Ordinance,

ander Cadogan on the discrimina-ently have grounds for believing 1891

that negotiating are along the tion against British shipping in Stockholm, Dec. 11. Keceived, December 11. 4-30 p.m.)

favour of Chinese at the port of lines suggested and that Italy and Laoyao and whether in view of the Abyssinia might be able to come The presentation of this year's importance of the port and for

to an agreement which would also Nobel prizes, which are four in furtherance of" friendly Sino- number. was made by King Gus-British relations he would make an

be acceptable to the League. If this is really so there is obvious that V. at the new concert house argint representation to the Chin reason for giving them the oppor here on Tuesday in the presence ese Government for removal of all Reuter learns that the British of several members of the Royal restrictions

unfairly hampering and American views on nava: limita- Family and a distinguished ga-

British shipping in competing on tion at present are more harmoni-thering, which included many equal terms with Chinese ships at ous than at any time in the past eminent figures in the science

deadlock over the Japanese insis- Lence for parity, which will be fur- ther elucidated by Admiral Nagano a: this afternoon's meeting of the Naval Conference, the delegations are casting about for alternative

meuns of avolding faljure.

welve months.

Tenative discussions are running on the lines of a gentlemen' agrže- ment, conceding Japanese equality in principle for the sake of her national prestige, but with some- thing in the nature of an escalator clause to be invoked in the event of Japan bulding up to near the Eritish and American level.

Such an eventuality will not be broached at the Conference until the present discussions on the com- mon upper limit are proved to be abortive.- Heuter

JAPANESË VIEWS

Tokyo. Dec. 11 Naval circles here welcome the

world:

Laoyao.

tunity.-

British Warelear

#

ROME PERPLEXED

Rome, Dec. 11. The text of the Hoare-Laval peace proposa's has been received by the British and French Am- bassadors, who will communicate them to Signor Mussolini to-day.

ALTERED IN DETAILS

Paris, Dec. 10 confirmed that an

It is now

peace terms to be offered "to" the League, Italy and Ethiopia.

The British Government is now

satiated the original plan having been altered in detail following its submission to the British Govern ment and the suggested changes having been rushed through in Paris Reuter

ני

OPTIMISM FADES IN FRANCE

Different Views On. Peace Proposals

Paris, Dec. 10. The optimism prevailing here since the

announcement of the Franco-British agreement about the basic plan for the settlement of the

Abyssinian conflict, de- clined considerably on Tuesday. For though the press reports from Rome agree that Signor Mussolini

inclined to accept the Franco- British proposals as a basis for negotiations at which he would try to get stil further concessions. the news from London seems 10 confirm the fear of far reaching differences inside the British Cabi- net itself

Tuesday

According to traditiop, the pro-

Mr. Stanley Baldwin in answer ceedings opened with a short ad-

said that British ships were en-

The fact that after the talk with drese: by the chairman of the

titled to trade at Laoyao which is

Mr. Anthony Eden. the Premier, Nobel Prize Foundation," Captain recognised under inland water re-

Stanley Baldwin, suddenly, called Hammarskjoeld, who reviewed thegulations. He understood that

The statements of Mr. Baldwin, Cabinet Meeting on work and described the purpose of certain dimeulties had arisen as M. Laval and Mr. Eden as regards ¦ evening to further deliberate on the founder, Alfred Nobel,...

regards application of these re- the nature of the proposals have the Paris Plan caused great as- Then the King handed over the Fulations. The Foreign Secretary caused perplexity, in Italian poli-tonishment here. prizes to the winners. viz:-

expected to receive a report short-tical circles, but generally it is be- lieved that if the proposals resem- bie those reported by the French press they will be accepted Signor Mussolini. Reuter-

1 English, Professor Chadwick. ly which will receive careful atten- 2 and 3. Chem'stry, the French | tion.— couple Joliot-Curie. 4. German, Lauter Professor Hans Spemann from Freiburg im Breisgua.

The Nobel prize consists of a gold medal, certificate, cheque for 170,000 Swedish crowns:

The presentation was followed

Naval Conference forthwith taking by a barquet in the golden hall ef′ ED discussion of Japan's funda- the Stockholm City Hall. King, mental policy for common Gustav attending.- upper mit, declaring that the so- -Transocean Kun Min.

céptance of a formala is of

primary importance and working "AUTHOR WEDS HEROINE cut of the complex details is of secondary importance.

OF "WIND AND RAIN"

The "Jiji Shimpo" declares that Adiniral Nagano will urge the abolition of all offensive weapons, for example capital ships and plane carriers, and the establish- ment of an upper-limit at the Icwest possible tonnage compatible with a policy of non-aggression and non-menace.

If the total abolition of offen- sives is rejected Admiral Nagano will demand that the present strength of the Japanese Navy should be on the basis of the upper limit. « Renter.

BRITISH STATEMENT

London, Dec. 10.- An important British statement, which started the serious business at this morning's meeting or the Naval Conference, I understood to have suggested the prolongation of the principles of the Washington and London naval treaties, but with modifications necessitated by attered ⠀ International circumą- tances.

The needs of individual powers mu be taken into consideration,

the British statement allegedly as sert

London, Dec. 11.

The author and traveller, Mr. Poter Fleming, was married quietly at Chelsea to the actress · Miss Cella Johnson, heroine of the play "Wind and Rain" which has been runnig for over two years.- Reuter.

A British spokesman also sug- gested abolition of submarines.

Mr. Norman Davis, America's spokesman, repeated America's des sire to see a twenty per cent, - round reduction in navies, and added that the United States was ready to explore any reasonable proposition

MONGOLIAN MINISTERS-

VISIT MOSCOW,

PEACE PROPOSALS SENT TO HOME AND ADDIS ABABA

Paris, Dec. 10.

NEGUS' CONSENT TO BE OBTAINED

Courvoisi

DODWELL & CO., LTD. Sole Agents.

Tel. 28636.

MILITARY PACT WITH BRITAIN

Discussion In Belgium

(By Telegraph, Copyright, graphic Mensages · Ordinanes, Beceived, December 11. 4.30 p.m.)

Tele 1804

Brussels, Dec. 11. - The question of the conclusion of a Military Agreement between Belgium and Britain, similar to that existing between France and Belgium in the Military Puct of 1920, was discussed at a meeting of the Foreign, Committee of the Senate here on Tuesday.

The Socialist, Senator Rootin opposed

a Military Pact with Belialn

The Catholic Senator Segers pointed out that the Treaty of Locarno constituted the best in- ternational guarantee for Belgian security that could be obtained.

The Senator added that since even the Belgian Treaty with France had become unricċessary through the Locamo Pact, It was undesirable to conclude a similar agreement with Britain Transocean "Kuo Min.

POLITICAL UNREST IN EGYPT

Cairo, Dec 10. political parties into one common Efforts to imite all the Egyptian

front reached a successful issue on Monday night, the consequence being a meeting of all the party leaders on Tuesday to Az a com- mon plan of campaign...

Queen's Building.

MOTOR FUEL PROBLEM IN ITALY

(Special to the “Hong Kohr Dally Press").

(By Telegraph. Coppright, Tate graphic sangat Ordinance. 1894 Received, December 11. 4.40. p.m.)

Rome, Dec. 11. To provide plentiful supplies of fuel for the Italian automobiles. in the" present cris s. an Italian engineer has revived the old idea of utilising alcohol for construct ing a carburettor which, according to newspaper accounts, has prov- ed very satisfactory economically, Signor Mussolini has a ready bad one of the contrivance fitted to his own cars, which with 80 per cent alcohol mixed, attained, a velocity of 25 miles per hour and averaged 10 miles to a gallon. The only hitch is that in Italy alcohol is very expensive but plans are be- ing made to start large. distilleries, hoping that by producing on a large scale, the new mal will be made cheaper.--

Transocean Kuo Min

GENEVA COMMITTEE

MEETING

} London, Dec. 11. It is expected the Committee of Eighteen will meet at Geneva to- morrow to discuss the Hoare-Laval

proposals, and postpone the con- sideration of all sanctions. How- ever, they are not expected to reach any definite decision thereon but refer the proposals either "to the Co-Ordinating Committee or the Council meeting on Tuesday next. Mr. Eden is leaving, for Pazis this

afternoon en route to Geneva-

Router

It was decided that King Fuad be petitioned to revise the Egyptian constitution of 1823, and the Bri- tish High Commissioner be asked to resume negotiations with the object of concluding a new British- Eygptian Treaty, All the political leaders will meet next Wednesday Except for minor disturbances at "The House of the People" whi Calro was quiet on Tuesday. Imm both petitions will be solemnly, political circles the resignation of also Nessim Pasha Cabinet is expect-

nouncing the formation of the United Front, with the object of h joining all forces to national aimik

One serious dimculty seems to be signed The party leaders by

that Mr. Eden insists that the propose to issue a joint proclama- | ed Paris Flan not only requires the ton to the Eygptian people, an- Transocean Evo Hin. approval of the League of Nations, but also the Negus" before it should have the endorsement of the British Cabinet.

The peace terms drawn up in the This according to French Moscow, Dec. 11.

talks between Sir Samuel Hoare, opinion, considerably reduces the The Chairman of the Council of British Foreign Secretary, and M. chances of success because it is Ministers of the Mongolian Peoples Laval, French Premier and Minis-not belleved that the Negus will Republle accompanied by theter for Foreign Affairs, were trans- {consent to such great territorial Minister of war Demid, and other mitted to Rome and Addis Ababa concessions. Expectation here was oficials, were ceremoniously we last night.

that the British Government comed on arrival at the station It is believed that the British re- would exert increasing pressure which was gally decorated with presentatives asked for a clear-cut or the Emperor to enforce his Soviet Russian and Mongolian [ declaration ~ by France that the assent whereupon the Franco- dags. A guard of honour was proposals must be acceptable to British solidarity in Geneva would drawn up on the station precincts the League and the Negus, as well have sufficed to overcome all op- as Italy, and that the agreement position that might have arisen reached gave satisfaction to the from the smaller states.. British Government.

The guests were received by the Assistant Foreign Commissar, Chef at General Staff of the Red Arm and high officials from the Com

missariats of Foreign Affairs Defences:- Neuter...

and

SOVIET VIEW OF PEACE NEGOTIATIONS

LAVAL LEAVES FOR GENEVA THE ORIGINAL TERMS

That the League of Nations The original peace terms includ-would endorse the Paris Plan 1f ́ed the ceding to Italy of four pro rejected by the Negus, is consider- vinces in Ethiopia, in return for el here to be out of the question. which Italy was to be asked to Premier Laval of France, leaves provide an outlet to the sea for for Geneva on Wednesday, as will Ethiopia at Assab, or, alternatively Mr. Eden. If both Ministers that Britain provide a seaport in travel on the same train, they will British Somaliland. It was this have the opportunity to exchange Later proposal which aroused op-opinions again before the restump- position in certain quarters in Brition of proceedings, with the tain,

League of Nations. According to one French source, Tronincedn Kus stin. modifications in these terms were. finally agreed upon, the com- promise involving a considerable dimunition of the territory in Tigre DUTCH RUBBER EXPORTS Province to be conceded to Italy, is understood that the Japanese The Pravda gays that the plan and a modincation in the Italian

Batavia, Dec. 11. Intend to explain their parity claim spells death to the League if it rights in the territories proposed to The rubber export quota of in detail. The Japanese delegates should, vied to Britain's pressure be thrown open for colonisation but estates under the first licence will have the floor for most of to- to conclude a deal at Abyssinia's remaining under the sovereignty of period Jan./March is fixed at morrow's meeting-

Reuter

Moscow, Dec. 11. The conference... will not meet Soviet observers consider that until to-morrow afternoon, in order Britain la ready to accede to M that Viscount Monsell may attend Laval's peace proposals because the Cabinet meeting in the morn she desires to "unite her hands in the Mediterranean, Africa and Interesting developments are ex-Europe owing to repeated Japanese pected at this next meeting as it aggression, in: China”-

ing.

Keuter

expense Reuter,

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