1936-08-27 — Page 9

HONG KONG DAILY PRESS, THURSDAY, AUGUST 27, 1936.

NEW STAGE BEGUN IN ANGLO-EGYPTIAN

MR. ANTHONY EDEN British Foreign Secretary

CHINA RAILWAY LOAN OFFERS

London Press Comment

London, August 26,

A tribute to the Chinese Govern- ment's steps with reference to the railway loans has been paid by the financial papers here

The "Faancial Times” says that fuld recognition must be given to the eviden, desire of the Chinese authorities to secure the rehabilita- tion of national credit. The paper acknow.edges the sincerity of the authorities in the matter, and says that the Minister of Hailways evidently takes the broadest view of his responsibilities,

On his shoulders will fail the task of the improvement and ex- tension of the railway system to conform with modern standards, and efficiency, in order to meet the growing needs commercial expansion.

Credit must take an important park and the agreement regarding the old drbis is best cairu ated to facilitate the provision that ex- ternal Anance will be necessary unt] Chinese capital is prepared to undertake such work

The Flancia News" welcomes. the efforts of the Chinese Govern- ment and remarks that the Minis- ter of Ralways is to be congratu- lated upon the measure of success he has achieved in the direction of rehabilitating the Chinese Rall- way credit

The city editor of the "Times" comments on the steadily increas ing evidence of the firm intention of the Chinese Government to improve the credit of the railways. -Re#107.

SILVER MARKET

From Our Own Correspondent)

London, August 30. London Silver prices to-day were unchanged as follow:-

Spot Forward

Aug. 26 Aug. 20 19-1/2 19-1/2

19-1/2 19-1/2

BONDS FIRM

London, August 28. The firmness of to-day's market 100 Chinese bonds refects the satisfaction of city clrc.es with China's efforts to put her house in order,

''

The "Financial Times" in leading artiole concludes: "Stabill- sation of the railway loan position by helping to restore confidence in the country should bring nearer the time when British finance and industry can participate more ac- tively in the Chinese market.”

The stock exchange is buying leading Chinese bonds which are now better regulated and offer largely for investment: this is the natural outcome of the realisation that the Chinese offer gives a better yield than gilt-edged indus- trials, though Chinese loans are still considered to leave room for speculation.

RELATIONS

TREATY SIGNED AT

FOREIGN OFFICE

Mr. Anthony Eden Praises Egyptian Leadership

London, August 26.

The Anglo-Egyptian treaty of alliance was formally signed this morning in the Locarno Room at the Foreign Office. The British signatories were Mr. Anthony Eden. Lord Halifax. Sir John Simon, "Mr. Ramsay Macdonald and Sir Miles Lampson. All the Egyptian delegates signed the treaty, the English text of which will be published to-morrow.

Brief speeches were made before the signature took place. Mr. Eden said it had afforded him the keenest pleasure to be able on behalf of His Majesty's Government in the United King- dom, to welcome the Egyptian delegation to London and, by the signature of the treaty.' to participate in the successful con- clusion of the efforts of the last sixteen years to reach a satis- factory solution of the problems Inherent in Anglo-Egyptian re- lations.

MORE CLOSER COLLABORATION

|

"If we have been able to reach beginning of a new stage. During this happy conclusion it has been this stage relations between our due to the growing conviction in two countries will be largely gov-1 both countries that their interests çred by provisions of this treaty are inseparably linked. This con- and by the articles to which we viction has been strengthened by are to-day setting our signatures. recent events and by the realisa- But, however, carefully the treaty tion that in a singularly troubled may be drafted, much will in- world it would be of great and evitably depend upon the manner general advantage that we should which it is fulfilled. find means of collaborating more closely for maintenance of good relations and for protection of our

common interests.

Although this conviction of our community of interests has been' an essential factor, in the success of our negotiations. the spirit of understanding, and goodwill dis- played by the Egyptian delegation under the able leadership of the Prime Minister. Nahas Pasha in the course of these protracted dis- enssions has greatly contributed "to the result which we are re- cording to-day. I feel sure the Egyptian delegation will agree that this spirit been equally evident on our side.

"The composition of the Egypilan delegation has also helped appre- clably in the conduct of the negotiations. Including as it does eminent representatives of nearly all parties in Egypt, the Egyptian delegation has been able to speak with authority and to inspire com- plete confidence that its opinion was truly representative. I hope that this factor will not be without importance for the future.

A NEW STAGE

"I have heard it said that the treaty marks the end of an epoch In Anglo-Egyptian relations. I would prefer to regard it as the

CABLE NEWS IN BRIEF

CHICHESTER'S FLIGHT

Shanghai, Aug. 26.

Captain Chichester, the New

Zealand airman, is arriving at Nan-

"I can assure you that in put- ting the treaty into effect His Majesty's Government will be guid- ed by the same spirit of co-opera- tion as that by which they have been actuated during the recent negotiations. I am confident the Egyptian Government will faini the treaty with equal loyalty.

LONG CONNECTION

MUSTAPIIA NAHAS PASHA Egyptian Prime Minister

IRUN AND SAN FRANCE CONSIDERS

SEBASTIAN

Battle In Full

Progress

BOMBS DROPPED BY ATTACKERS

Hendaye, August 26, The battle for Irun and San Sebastian is in full progress now and raging, under a cloud of smoke on the Pamp.ona-Irun road be tween Alunda and Lapuncha.

The insurgents are apparently trying to outflank the Government forces simultaneously from three sections.

The attack began at dawn under cover of a thick mist, Insurgent planes dropping sixty bombs от the Irun defences as a preliminary

GRAPHIC STORY measure.

OF WAR

Correspondent Sees Movements

DEAFENING ROAR OF BATTLE

The following account

of the preparations for the big battle in the northern sector

is furnished b. Reuter's special correspondent at the front, Mr. C. J. Murphy:

be To

Dests

a

Several · hundred. Moroccan legionaries are in the van of the attackers, the first wave of which falled to plerce the Popular Front defences.

The second attack is now de- veloping under fire from Govern- ment batteries at fort Guadeloupe. -Kenter.

BIG BATTLE PENDING

Hendaye, Aug, 25. The greatest battle of the civil war is expected, to commence at daybreak to-morrow when, it is anticipated, insurgents who have been

reinforced by 700 Foreign Legionaires and Moroccan regular troops, will begin an attempt to drive wedge between Irun and San Sebastian.

Hendaye, Aug. 26. The terrain from the shores of daso River up to San Sebastian. which at dawn showed

The Insurgents are at present bristling with barbed wire, skill-occupying the crest of a hill over-

locking the two fully placed machine gun

towns The and other paraphernalla for

Moroccan troops are well equipped with te tanks and eight six-inch well-prepared battle- suddenly

field guns, many machine-guns and sprang into fe. In circumstances

nand grenades, enabling neutral watchers to fol- low the fortunes of the severest battle of the war so far. I think we should not pass

Insurgent regulars, mention of the long connection be- Moroccan troops, can be seen ad- tween our peoples without re-vancing in well-ordered extended ference to the great services that lines against a hill facing ratou it has fallen to men of the British and commanding Irun. race to be able to give during the last half century to Egypt, among whom Lord Cromer was surely pre-eminent, working as they are proud to do in close collaboration with the outstanding representa- tives of the Egyptian people.

probably

are

couple of stretcher-bearers

In the middle of each line a

ready to pick up casualties.

Obviously all

are disciplined troops for they keep intervals and directions with trained precision.

Rebel tanks supported by arm- along the roads through the moun- visible creeping

tains.

This long connection has enoured cars dured through decades which have seen fundamental changes in so many parts of the world and has teen a source of pride to all our countrymen.

* In their tireless efforts to

secure agreement in these negotia- tions, Sir Miles Lampson and his collaborators have worthily upheld these traditions.

"The treaty which we are about to sign is a pledge and instrument of our

future collaboration."- British Wireless

CONDITIONS IN MADRID

Shortage Of Food. Apparent

Madrid, Aug. 25. The shortage of food is becom- Butter,

are

BULLETS LIKE HAIL

GERMAN MOVE

MILITARY SERVICE

EXTENSION

NO DIPLOMATIC PROTEST

Situation To Be Met By Strengthening Defences

("Hong Kong Daily Press" Special)

· Paris, August 26, Premier Leon Blum had a conversation with the Chief of the General Staff, General Gamelin, on Tuesday, according to the "Petit Paristen," when the situation created by the prolongation of the German military service period was discussed. The Su- preme Military Commission, comprising the Premier, the Foreign Minister, the Commanders-in-Chief of the three branches of the Defence Forces and the Chiefs of Staff also met on Tuesday, according to the "Echo de Parks"

The paper writes that the thought of making any kind of diplomatic protest was dropped, since to-day it was impossible to clle clauses of a dead treaty if one did not want to make one- self ridiculous. The new situation had, however, to be met, and that was only possible by strengthening the French Defence Forces. France must show Europe, which was filled with doubts and fears, that she did not intend to weaker.

"Excelsior" declares that French diplomacy will not be ins active, and, declares that a conference, from which Germany would not be excluded, would probaby be convoked, in order to study the European situation, and if not to conclude a pack, so that at least reach some agreement may be reached.

ABDEL KRIM RUMOURS

Proceeding To Morocco To Incite Moors

Although official quarters in Lon- don refrain from commenting on Germany's step in prolonging the military service period, the genera? better here seems to be that the measure "looks more impressive at arst sight than it really is." It is believed that the matter will not come before the League of Nations, "since no new situation is created." and "Germany has acted according "Hong Kong Dally Presa" Special) to the wise principle to be armed

Berlin, Aug. 25. for an emergency."

Although the French Ministry or Colonies has denied that Abdel Krim, chieftain of the Ryfkabyles, who was liprisoned on the island of Reunion after having surren- dered to the French ten years ago. tas escaped, rumours persist in Paris that Abdel Krim is at large.

The Government troops are well entrer.ched, however, and are com- manded by French. Belgian and German officers, and equipped with

The "Evening News" says:

The German frontier is enor the newest rifles. They are support- e bra force of Asturian miners

mous and the country is surrounded with larze stocks of dynamite, why a chain of foreign powers, some have sworn to die on the spot ra-

of which are heavily armed, while ther than yield an inch of ground.

the others are small states through -Router.

which the armies of the Great Po- wers might easily march, Germany is therefore well-advised to take every precautionary measure,

"The Franco-Soviet Pact and Red Goverumen in France have con- vinced Germany that no time is to be lost in making her own de-

enres strong.

"The fact of being situated be- tween two heavily armed states Governments and left extremist Governments alone is sufficient to Justify Germany's step."--s Transocean News 'Sernice.

REBEL SUCCESS the accession to power of a

CLAIMS

11

Overcome

Defenders bullets are splashing Malaga Opposition

the

on all sides like hall.

Some points of forces are only a few yards apart. apposing

The, bursting of bombs, the rattle

Paris, Aug. 25.

The troops of General Franco scored an

of machine guns and the deeperBong Avoz "Daily Press Speciali roar of trench mortars and field artillery are deafening.

Within a hundred yards of me the Government forces nearly scored a direct hit on a column of five Insurgent armoured cars where aver the bursting of bombs, were

scattered a shower of earth and

stones.

Important success on

PARIS SILENT

Faris, Aug. 25. Oficial quarters here are appar-

the Southern Spanish Coast, ac-ently not willing to make ans cording to reports received here.

statement regarding the extension

|

The paper "Deutsche Allgemeine Zeitung" received a report, accord- ing to which, Abdel Krim has not "escaped" but has proceeded "on board 盆 French steamer to Morocco, where he will, in the name of a certain French group. try to incite the Moors in Spanish Morocco to revolt, in order to tie General Franco and prevent him

from nghing in Spain,- Transocean News Servica.

REPORT DENTED

Paris, Aug. 26.

The French Ministry for Colonles states that the newspaper reports. that the noted Moroccan leader. Abdel Krim, who fought a long, and arduous campaign against France in North Africa, had escaped from

the Isle de la Reunion, are devoid or foundation.

The three columns advancing of military service to two years by on Malaga finally succeeded in the other capital-above all, Lon- Germany before the attitude of overcoming the Reds defending don-is known. The "Temps" in the harbour city, and it is report this connection speaks of the last ed that the whole town is already International Comintern Congress, On

The island fortress is far off the in the hands of the Nationalists.

The first major air battle of the danger of an European revolution."

and speaks of "the threatening coast of Madagascar and is sup-

posed to be escape proof.—- Civil War is said to have taken Transocean News Service.

Reuter. place at Quadarrama, when Na.. tionalist troops flying over E

Men were visible to be falling dead. There were wounded both sides. One carried a gold scarlet banner. apparently a kind of colour-bearer.

DYNAMITE MINES Hundreds of dynamite mines.

king to-day from Pelping en routeing apparent in Madrid. to Hong Kong. He is leaving for milk, beer and vegetables are hard electrically controlled. BTC pre- Reventon were attacked by a G07- Foochow to-morrow. Reuter.

to get, and potatoes are almost unliminarily placed on the roads and ernment Squadron. One Nation- A GAS GEYSER

obtainable Tinned foods are run~

The airman had intended flying zing short. Including to Europe via Russia, but encoun- | milk. tered dimculties in securing a per-

bridges by the defenders, and after alist plane ia reported to have condensed every terrific detonation thereof, been shot down, all inmates killed. the insurgents, methodically but -"Le Jour"-publishes the names The special tribunal established frantically restore the gaps before of numerous French nationals who mit. He then announced his intenon August 22, consisting of repre-proceeding further,

were murdered by the Communists tion of carrying on his leisurely sentatives of various organisations

since the beginning of the Span- fight via India. He is accompanied by a passenger Mr. Herrick.

1.5. DIPLOMAT RESIGNS

Washington, Aug. 25. President F. D. Roosevelt to-day announced the resignation of Mr. Jesse Isidor Straus, Ambassador to France, for reasons of ill-health- Reuter,

BULLITT AS SUCCESSOR

Washington, Aug. 26. Mr. W. C. Bullit,, Ambassador to Moscow succeeds Mr. Strauss in

Paris

The movement is also materially! Reuter. assisted by evidence of the lack of desire to invest further in Japanese bonds owing to her huge military programme- Beuter.

1t

BRITISH REINFORCEMENTS

Malta, Aug 25.

The 1st Battalion Scottish Bor-

derers is leaving here for Palestine

LY

U.S. WAR SECRETARY ILL

Washington, Aug. 25. Mr. George Dern, the Becretary for War, is seriously with heart trouble.-.

Res her.

SOVIET OFFICIAL DEAD

Moscow, August 26.

The death has occurred after a

Up to 11 o'clock this morning forming the Popular Front, for the attackers advanced two hundish Civil War, the proprietors of the purpose of trying officers and red yards along the road and several Large Madrid hotels being

others concerned in or suspected crest cf the hill and captured included.

sentenced

of mutiny, has. condemped five,

some houses along the roadway. executed four and

mark- The government troop

The paper goes on to address the French Govern- prisonment. numerous others to terms of tri-manship appears to be very bad a query to

V and despite the heavy bombard- ment, asking how much longer

destitutes.

"About 40 persons," most of them ment, the casualties

tolerated, are light. such outrages will be are being

and whether the life of a French- fed and Moreover both sides are favoured housed

at the British Embassy, with plenty of cover,

man is worth less than that of Govern-

They refuse to leave, having no Compared with the Insurgent other nationals, whose

alternative but life in a work-regulars. the Government Militia ments have protested energetically house if they go to England.-

look like farm handa at rabbit against the assassination of their! Router.

shooting, but

member of the Central Executive Committee of the USSR- Reuter.

:

Reuter.

they

seem deter-subjects.

mined to bang on most gamely. Transocean New Service,

MIST. INTERVENES

The rising mist which is check-

ing the artillery Are should fact-RIVERA SENTENCED

litate the infiltration tactics of the

skilled 'attackers by evading the defenders' machine guns and

Already atngle-les are visible advancing up the mountains. in tent on reaching the crest and turning the Government positions,

TO DEATH

FORMER CUSTOMS HEAD

New York, Aug, 26. creeping around the flanks of the Hong Kong Dally Press" Special) The death is announced of Mr. defence, James Acheson, ex-Commissioner

Paris, Aug. 25. of the Chinese Maritime Customs

Spain, the

According to reports here from son of the former Spanish Dictator, Primo de Rivera, as well as several other persons, troops are bound to meet const Supreme Military Court in Madrid derable resistance as "all peaks

after a trial held to ascertain the held by the Government forces responsibility for the recent fire în ̧ are strongly entrenched-

the Madrid Prison- Reuter,

Transocean News Service.

PORTRAIT PAINTER Charlottesville (Pa.), Aug. 25. The death has occurred here of the

to reinforce the British troops i brief lness of Bergevich Prince Pierre Troubetzkoy,

there.-

Heuler's Bulletin Service.

Kamanev. head of the anti-Air well-known portrait painter.--- Defence of the Red Army, and a

Neuter.

It appears that" General Mola's were sentenced to death by the

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