1937-08-19 — Page 6

HONG KONG DAILY PRESS, THURSDAY, AUGUST 19, 1937.

1887 GOLDEN JUBILEE YEAR 1937

Our 50th ANNIVERSARY

August 19th

the

To-day is the 50th birthday of Manufacturers Life Insurance Company. From a small beginning in the City of Toronto the Company has spread across the Dominion of Canada through the United States and into 32 other countries.

The measure of an institution is not only age but achievement. To-day over 200,000 policyholders own 109,500,000 of insur- ance with this Company. The ever-growing. appreciation throughout the world of the value of Life Insurance foretells even greater achievement for the Company in the years ahead.

THE

1937

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1933

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London, Aug. 17.

UNITED STATES WARNS WARRING NATIONS

"Middle Of The Road" Policy

Washington. Aug. 17.

The United States has insisted, to both China and Japan, that there is no justification or reason

for

military activities in the

A meeting of Cabinet Ministers wo-day was attended by Mr. An- thony Eden, Foreign Secretary, Mr. A. Duff-Cooper, First Lord of the Admiralty," Mr. Hore-Bellsha, Shanghal area. Secretary of State for, War, and Mr. William Ormsby-Gore, Secre- tary of State for the Colonles. It commenced at 4 and ended at 6

>>.m.

all

The Ministers considered possible steps which might lead to a peaceful solution of the situation In Shanghai. They also arranged

The Government has informed the belligerent powers that the United

States will hold them strictly to account for any injury to Americans or American pro- perty.

In the Sino-Japanese dispute the United States is following its general "middle of the road" po-

to take every measure to protectcy, between extreme nationalism British lives and property in the and internationalism. The Gov- Far East war zones.

This counteracts rumours that all British subjects have been ad- vised to leave Shanghal. Those business people who decide to re- main may be assured that every thing possible will be done for their protection,

ernment will not adopt, a bellicose attitude towards other nations, adr will it refuse to protect its citizens abroad if they are in need

of assistance.

The United States has ordered 1.200 Marines to proceed to Shang- hal from San Diego to protect American citizens. The marines. will sall within ten days and should land in Shanghai in about three weeks' time.

Mr. Cordell Hull, Secretary of State, asserted to-day that about 1,400 American women and childen would have been evacuated from Shanghai before the end of this

aboard week mostly

merchant vessels. This would leave about 2,500 Americans in Shanghai,

The removal of the Japanese cruiser Idzumo from her berth alongside the Bund, near the Japanese Consulate-General is be- lleved to be a sign of the lessening danger to the International Set- tlement. The question now arises whether Japan is more interested in the prestige of her troops in Shanghai or the safety of her na tionals there. I her concern is for the civilian Japanese, It is sug- The State Department has re- gested she will be well advised to quested the appropriation of $500,- discontinue using the Internation- | 000 for relief and evacuation ex- al Settlement as a base of military penses in Shanghai- operations, thus Inviting Chinese Reuter, attacks

"SHAKE-UP" «

Washington, Aug. 17...

The meeting of Ministers also considered the position of mer- Mr. Cordell Hull, Secretary of chant shipping in the Mediter-State, has revealed that a "shake- ranean, and the following state- up" has taken place in the per- ment was issued at Its conclusion.sonnel "of the State Department "Els Majesty's Government has dealing with Far Eastern policy. been seriously perturbed by the in- creasing number of attacks shipping lately in the Mediter- ranean and the extension of the area in which these incidents are now occurring.

on

"His Majesty's Government has issued instructions through the British Admiralty that if any merchant ship is attacked by a

Mr. Maxwell Hamilton has been appointed Chief of the Depart- ment's Far Eastern Affairs "Divi- slon, in succession to Dr. Stanley Bornbeck Mr.. Hull stated that change would facilitate the for- mulation of questions of policy.

It is generally believed that President Roosevelt will not invoke the Neutrality Act while Bino-

Morale Of Her Own People submarine without warning. His, Japanese relations are not severed.

London, Aug. 17. Japan can unquestionably wage

a large-scale war for six months, says the "Evening Standard," but

If it lasts much longer Japan's

Majesty's ships are authorised to counter-attack."—

Reuter

UNDERSTANDING

London, Aug. 17.

Mr. Cordell Hull stated to-day that no plan was under considera- United tion to strengthen the States Asiatic Fleet. Ee added that the question of invoking. the Neutrality Act was being ́ given careful consideration from day to day.

Meanwhile, Senators Nye, Bone and Clark in a joint statement. urge President Roosevelt to in- The Lloyd Bank Monthly Revoke the Neutrality Act against view" publishes an article by Alvin Japan and China, thereby banning Parker, member of the Board of loans and shipments of arms and

ammunition to both countries Lloyd Bank

Reuter.

prospects, from the aspect of ob- ANGLO-GERMAN taining the sinews of war, would be distinctly less favourable.

In the foreign trade balance, Japan is most vulnerable. The increasingly adverse gold reserves and negligible capacity to raise loans abroad may be judged from the fact that long-term credit in London is valued on a eight per cent. basis. Japan's financial and economic strength is much less than when she embarked upon the Manchurian adventure,

Under the patriotic exterior, says the journal, is the care of agrarian misery and unrest. The "promise that the conquest of Man- churia would bring an influx of wealth beyond dreams, has not realised. If the war, brings fur- ther deprevations, Japan may find in her that the weakest link armour is the morale of her own people... Reuter.

FRENCH EVACUATION

VOLUNTARY

Paris, Aug. 17. The Government has instructed the French Ambassador in Nan- king. to decide for himself the most appropriate moment for the 'evacuation from the French Con- cession in Shanghal. Only those who desire will be evacuated. French citizens preferring to re- main to watch their own interests will be permitted to stay on their own responsibility.

AMERICAN PRESTIGE

Mr. Parker gives an interesting

NEWLY-CREATED POST account of the economic develop- ment in National-Socialist Ger-

Washington, Aug. 17. Dr. 'Hornbeck is to be given the many, with particular reference to the decrease in the number of newly-created post of Adviser to unemployed, the boon in industry the Far" Eastern Division of the and the .educed rates for credit. State Department.--

He then advocates, three points | Reuter. by which an understanding be- Britain and Germany

Washington, Aug. 17. tweez

The State Department's policy should be brought about, namely:

The Governments, should pledge | vis-a-vis the present altuation in themselves to deal with all out the Far East is clarified by the standing questions by means of "Times" Washington correspondent, direct negotiation and settle them. who points out that the Adminis- Both Governments should sup- tration is faced by two schools of port the efforts of M. Paul Van public opinion-irstly, the inter- Zealand, Belgium Premier, in the nationalists, who advocate strong Interests of trade.

action to protect foreign interests; All clearing agreements should and, secondly, the more powerful be liquidated as soon as possible, one of nationalists, who urge with- drawal of American troops and the Including trade pledges.

leaving of American eltizens in The article ends with an appeal China to their own resources. to urgently bring about an under- standing, including the colonial question, as such an understand- ing is essential for the peace of Europe.-

Trasancean News Service.

The Government has chosen a middle course, avoiding bent- gerency, but protecting American nationals to the utmost. The cir- cumstances in which protection will be afforded are well-defined, whether in supporting threatened Americans or in international co-

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In the absence of Mr. Yvon Del-, PALESTINE PROBLEM operation to defend the Settlement GIFUADO

bos, Foreign Minister, M. Leger, Becretary-General at the Quai d'Orsay, received Mr. William Bul- litt, the United States Ambassa dor, and Mr. Bugimure, Japanese Ambassador, to-day- Reuter

CHINESE SUCCESS

Shanghai, Aug. 17.

in case of necessity.

In adopting the middle course,

Transitional Period Suggested the Government hopes that lives of Americans will be saved" and American prestige' remain undi- minished. Reuter

!

Geneva, Aug. 17. The League Mandates Commia- sion has completed its report to the Council on the Palestine ques- tion.

VESSELS URGED TO AVOID SHANGHAI

It is understood that the Com- mission will not object in principle According to a communique tato partition, but that it will sug-i aned by the Chinese Headquarters, gest a transitional period, if neces....

Vancouver, Aug. 17, the Chinese troops scored a great sary, with modification of the pre-

The Admiralty has recommend- success by breaking through the sent mandate, in order to permit Japanese lines in the eastern cor- the examination and applicationed that Canadian shipping Interest ner of the International Settle of the contemplated partition in divert to other ports vessels des- ment late to-night-

tanascerin Rome Révvita..

the best possible conditions Reuter's Bulletin Service.

tined for Shanghai... Kleuter.

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