1937-04-15 — Page 6

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HONG KONG DAILY PRESS, "THURSDAY, APRIL 15, 1937.

Mr. Boothby's Questions In

House Of Commons

ANY ACTION TO CHECK - RISING

PRICES?

Was

London, April 13. The Chancellor of the Exchequer asked two questions in the House of Commons by Mr. Booth by. Conservative member, who has been associated at various times with the advocacy" of "Planning" and "Managed money." He asked first for assurance, that the Go- ernment had no intention of tak- ing action to check the rise in commodities by raising the price of sterling, in terms of gold, in view of the deflationary-effect it would have, and also whether the maintenance of cheap, money re- mained the fundamental objective of Government polley.

|

statement could be made as to measures the future sicce the to be taken at any time would depend on the course of events.

Mr. Boothby's second question was about the tripartite currency agreement, and whether it pre- cluded any alteration of gold value of its currency by any of the three Governments without prior consultation with the others. Mr. Chamberlain said that ne was satisfied with the working of the agreement and, added that the purpose of agreement was to maintain the Kreatest possible equilibrium in the system of Inter- national exchanges and to avoid to the utmost extent any distur- bance of that system by monetary action on the part of any of the Governments concerned.

Mr. Neville Chamberlain replied that it was not ab present part of the policy of Government to main- tain a fixed price for gold in

There was no express reference terms of sterling, but the price of gold was, of course, one of the

to the gold value of several cur- rencies. These answers led to the factors to be taken into account

whether determining

monetary supplementary question their

he was contemplating, any, nego- policy from time to time. They

tiations with the United States were fully alive to the undesir-

and France for a wider and more ability of interfering with the flow of business towards recovery, permanent agreement. The Chan- cellor sald that he was not com- With regard to cheap money, he referred to the answer. yesterday templating that at the present time, and to another question. he in which the point was made that

explained that the last answer was cheap money was not an object in

not inconsistent with the expres- itself, but the means for securing. improvement of trade activity and sion of hope in the declaration of September 19, that it might be employment.

followed by further measures to- wards the lowering of restrictions of international trade.— British Wireless.

·

While the Chancellor was satis- fed that the policy actually fol- lowed had given the maximum stimulus to economic recovery, no

ENCYCLICAL LETTER

Germany Replies To Vatican

Berlin, Apr 13. · The German note, as an answer to the latest encyclical which char- ges Germany with violation of the Concordat, was handed to the Va- tican by the German Ambassador to the Holy See on Monday, it is Political circles learned here, understand that in the note the Reichsgovernment expresses tonishment that the Pope's Encycli cal should not only criticise Ger- man domestic affairs. but also to invoke world conscience, in order. thereby to create a common front. against the Reichs, whereas in the American Encyclical on the other hand this was not done. The note also points out so it 14 belleved here that in judging new Ger- many, the Vatican applies stan- dards applicable to democratic and parliamentary states, but not to the order of society that had aban- doned the liberalistic conceptions.

It should Anally not be overlook- ed that Germany was a country, where more than one belief was confessed, only 1/8 of the popula- tion being Roman Catholic.

Against the reproach made in the encyclical, that Germany in- tends to annihilate the Catholle the religion, facts-according to Bald circles are stated that afford proof at the contrary. Among them were the signature of the Concor- dat itself and the great concessions made to the Catholic church there- in which go beyond the obligations to the church in financial matters, not least of al being that National Socialism had preserved the Reich from Bolshevism and thus saved the church from eradication.

Finally, it, is presumed that the note closes with refetence to the maintenance to the German peo- ple's commonwealth which does not permit that the church should constitute a state within the state

FREEDOM OF ACTION

Aim Of Capitulations Conference

London, April 13.

A Montreux message states that Captain Euan Wallace. Secretary" Overseas of the Department for Trade, was the first speaker at to- public session of the day's Egyptian capitulations' conference. In stressing the particular friendship between, Egypt and the United Kingdom, Capt. Wallace declared that the British Govern- ment, in line with other Govern- ments, was in full agreement with the suppression of capitulations. The final aim of the conference was freedom of action for the Egyptian. Government concerning foreigners in legislative and Judi- clal' domains. He recalled the engagements already entered into by Egypt for equitable, treatment of strangers, and said" that it was the duty of the conference to give. a certain guarantee, 25 to their future to foreign communities. The British Government attached great Importance to the success of the conference.— British Wirdlese.

FRENCH DEMANDS

Montreux, April 13. British and French co-operation at the capitulation conference be came to some extent evident on the second day. Though the two powers are proceeding indepen- dently they are apparently sup- porting each other. It seems that France, contrary to the Egyptian draft, demands permanent guaran- tees for foreigners, especially economic and cultural French interests and that also Britain demands assurances for the time after expiration of the transitory perlod-Transocean News Servinn.

could not afford scope for any klud. of particularistic tendencies. On the capacity of the Church to understand this, and on the future

or that the clergy should function attitude of the Vatican would de-

the

as a special class outside the juris-pend the peaceful development to diction of this people. The Ger- which the Reich attached man legislation was conceived to greatest importance.--- protect the commonwealth and Transocean News Service.

JAPANESE APOLOGY FOR KEELUNG

INCIDENT

London, April 13.

taken to prevent a recurrence of any such incident, at the same time inviting the co-operation of the British authorities to that end.

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In the House of Commons to- day. Mr. Anthony Eden, the For- eign - Secretary, announced that the Japanese have expressed re- The letter continued that the Consul has acknowledged the lett greta for the Keelung incident. Governor had réprimanded the ter and agreed that the incident Replying to Lt. Comdr. R.T.H. policeman concerned with improp-should be regarded as closed, and Government of Fletcher, Mr. Eden said that in er conduct in laying hands on the assured the accordance with the arrangement sailor under examination and for Formosa that they might certain- reached between the Japanese using improper language to the ly count on his co-operation in Government and the British Am-British officer, but this was due, preventing a recurrence of similar bassador at Tokyo, the Director- doubtless..to his limited knowledge incidents.

The settlement was regarded as General of the Formosa Govern- of the English language and the ment yesterday addressed a letter Governor, had cautioned him to be satisfactory by the British Govern- to the British Consul regretting more careful in the future.ment and Mr. Eden said that he The letter, concluded with the felt sure that the matter was ong that such an unpleasant incident should have occurred and stated hope that the incident might be for satisfaction and that, the case" that appropriate steps would be regarded as closed. The British should he finally disposed of a

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English newspaper, the insurgent authorities had been informed un- officially, that His Majesty's Gov- ernment were concerned for his welfare, and would be glad of in- formation concerning his positium.

In another answer, Mr. Eden; stated that the Foreign Office was in communication with both the Spanish Government and in- surgent authorities in respect of British subjects serving on either Mr. Eden explained that Koeller side in the Civil War, and taken was not a British subject, but as prisoner. A be, was the correspondent of an | British Wirslen.

London, April 13. The Foreign Secretary was ques- tioned in the House of Commons about the detention in Malaga, by the Spanish Insurgents, of Arthur Keller, representative there of a London newspaper