1919-11-17 — Page 1

LISON LAMPS

&

FROM ELECTRICAL DEALERS

The

Hongkong Telegraph.C

(ESTABLISHED 1881).

MONDAY, NOVEMBER 17. 1919.

68995 每拜盡號七十月登十英港香

EARLIER TELEGRAMS.

REUTER'S TELEGRAMS.

THE GOVERNMENT'S POLICY.

STATEMENTS BY PREMIER AND MR. BONAR LAW.

London, November 13. Coincident with four pending bye-elections at Chester le Street, uth Croydon, Thanet and Plymouth, Mr. Lloyd George and Mr. sner Law have made pronouncements of policy.

The Premier, replying to a published letter from Pigmonth's beral candidate, who asked where the Premier stood as regards beralism, says the policy of renewing party strife before the world's rest has settled down and when national unity is necessary to atore the wastage of war, would be contrary alike toLiberal principles d national interests. He aeclares that the great programme of gressive democratic legislation which the Government has rried out. including the Franchise Art, the Education Bill and a minimum agricultural wage, will favourably compare with the oord of any Government. It is noteworthy that the Premier re- ently sent a message to Lady Astor, Coalition candidate at lymouth, wishing her success.

Mr. Bonar Law, addressing women Unionist at Westminster, aid he had been asked why he had not defined a policy" for Union- sts. But when

Coalition they the Unionists joined the bst the right to have their own policy. Their policy was at first to pport the Coalition, but that did not mean the abolition of the nionist Party, which was never more necessary or more united han now. He eulogised the record of the Government, pointing out n reply to the charge of extravagance, that the present year must Inancially be treated as a year of the war, for most of the expendi- ure was directly due to the war. He said big reductions in xpenditure.

cutting only possible by

before He predicted that

abuse

Government the

ighting forces.

were

critics would

down

the months many

for learing

he country undefended. We proved we were strong enough to set He believed that other in example in reduction of armaments.

great nations would follow the example. The policy of the Caionists was to improve the condition of the masses, regarding which Mr. Lloyd George absolutely agreed. He concluded that the cohesion of the Coalition was as strong as even,

AMERICAN EXCHANGE.

HOW TO DEAL WITH SPECULATORS.

London. November 13. With a view to improving American exchange it has been sug gested that the Government should allow free gold exports and raise the Bank rate, but this is considered unlikely.

It is understood that a more effective method of checking specul- ation will be devised, whereby the Banks will refuse to lend money for speculative purposes, especially in commodities, in order to pre- vent the speculator holding up stocks of foodstuffs and other necessities with a view to obtaining higher prices. The recen: decline of Government stocks is attributed to speculators selling them because they cannot borrow thereof..

CAPITAL ISSUES.

ALL RESTRICTIONS REMOVED.

London, November 13.

The Board of Trade announces the grant of a general license permitting issues of capital. This is equivalent to the removal of all restrictions on capital issues and is expected to facilitate British enterprise abroad and the development of industries formerly in enemy hands.

EARLIER SPECIAL TELEGRAMS.

(From ther than Correspondents)'

EUROPEAN BEFORE SINGAPORE ASSIZES,

Singapore, November 15,

The criminal case against Harold Latham at the present Assizes will be taken ou the 24th inst.

DECREE NISI AT SINGAPORE.

Singapore, November 15.

A decrae nisi has been pronounced in favour of Hugh Gilmour it the divorce proceedings instituted by lim.

EX-GERMAN STEAMER SCANDIA.

Singapore, November 15.

The ex-German steamer, Scandia (well known in Hongkong before the war) is expected to arrive here on the 19th inst. from Sabang.

'H.M.S. HAWKINS AT SHANGHAI.

Shanghai, November 16,

H. M. S. Hawkins, the flagship of the China Station, with Vice- Admiral Sir Alexander Duff on board; leaves bere for Hongkong on Monday

4.

COMMERCIAL MISSION TO FAR EAST.

London, Nov. 10

A deputatva representing the Manchester and Blackbern Chambers of Commerce was received by Sir Hamar Green- wood and urged the adoption of the proposal to send a com marcial mission to the Far East. The question was amicably discussed informally and as a result of the conversation further developarents may be expected shortly. Apparently", Sir Hamar Greenweed strongly favours the mission.

HUNGARY AND RUMANIA,

Paris, Nor. 11.

French opinion is nach concerned with the Note from the Conference to Roumanis, insisting imperiously upon evacuation of Hungary. Everybody is hoping that after the valuable aid brought by Rumania to the Batente we should maintain intimacy among all the Allied and Associated mem- bers of the Entente. - -- Havas

44

Paris, Sov. 12

The Council has decided that the Ruinanians' reply is unsatisfactory. Although most courteous it is extremely evasive. The Rumanians are willing to retire to Theis but- decline to respect the original armistice frontiers. They also decline to nominate a member of the Inter-Allied Commission to compile the value of the requisitions.

Copenhagen, ove

It is reported from Budapest that the Supreme Council has sent an ultimatum to Premier Friedrich to form a coalition cabinet within forty-sight hours or retire.

SOLDIERS PARADE FIRED ON.-

Centralia, Wash, Nov. 12.

Industrial Workers of the World are alleged to be the people who fired on the Armistice Day parade of ex-soldiers while passing the I. W. W. building. Four ex-soldiers were killed, two mortally wounded and several injured. The marchers broke their ranks and rushed the roof of the build- ing. The snipers vanished, but the soldiers systematically scoured the town. One suspect is reported to have been hanged." Eight others were arrested and confined in jail, which is strongly guarded. Excitement is very high.

FINANCIAL.

卝

London, Nor. 12

The value of the frane and Italian lira fell to the lowest point touched during the war. It is believed to be largely due to speculation. American exchange is also adversë. A decline of prices on the Stock Exchange accompanied rumours of a farther rise in the bank rate, but financial writers declare this is most improbable.

New York, Nov. 12.

The rise in money to twenty-five is the highest since the panic of 1907 caused a severe break towards the end of an exciting day during which the demoralization of foreign ex change was also an influence: English, French and Italian exchange recorded new low rates; sterling is quoted only 84.12 for demand. Leading shares, recorded extreme declines of five and almost thirty points.

M. POINCARE'S VISIT.

Paris, Nov. 11.

at

"French circles are highly satisfied with the visit of M Poincare to London, stating that no sovereign has ever been welcomed with such a degree of enthusiasm and cordiality. The toasts exchanged at the dinner at Buckingham Palace showed clearly the new band linking France with. Great Britain after the terribic ordeal of the war, that bond being based on real concordance, deep intimacy and the same political and economical ideais. M. Poincare alluded to the solemn English promise to assist France in case of a new war with Germany, hoping that no such emergency could ever arise owing to the indissoluble union of both countries to guarantee world peace.

THE BALTIC FIGHTING.

Copenhagen, Nov, 12 The Letts gained an important victory over Bermondt's forces. occupied all the suburbs of Riga and transferred the entire front to the left bank of the Drina

THE BOLSHEVIKS,

Paris, Nov. 11. French circles were not impressed by the English Premier's suggested course to renew the attempt to deal with the Bolshevists by way of a conference, the common opinion in France being that no such attempt could meet with success, as words cannot suppress Bolshevism.-Havas.-

BRITISH CASUALTIES IN RUSSIA.

London, Nov, 12.

Mr. Churchill announces that the British casualties in Russia since the beginning of the campaign totalled 876, in- cluding, 181 killed.

BULGARIA READY TO SIGN.

Paris, Nov. 12, Bulgaria has notified the Supreme Council of her readi- ness to sign the Peace Treaty. It is expected that the ceremony will be arranged for next week The Bulgarian Premier, M. Stamboulinski, has left Sofia for Paris

A

PEACE DELEGATES RETURNING.

Paris Nov. 12.

The Anglo-American delegations to the Peace Conference: hare nolised their intention of leaving Efance early in December.

THE RANEE OF SARAWAK.

London, Nov. 11.

The Rines of Barawak has sailed from Liverpool, for Barzwak.

·日五月九

SINGLE COPY: 10 CTB

$36 PER ANNUM.

EARLIER TELEGRAMS.

CHINA, AND THE PEACE TREATY.

London, Nov. 16.

In the House of Commons, Mr. Lann asked what was the exact position of China under the Peace Treaty, whether China, which is named in the Covenant aa ari original member of the League of Nations, would take ita place at the first meet- ing of the Longue and if not what were the reasons for China's fused to sign the Treaty of Peace with Germany cannot take any benefit or incur any obligations thereunder, but if the Chinese -23 Bujawy wizu3:7991 peydas VLIGASMITH "La Ramapqsta Government ratify, in due course, the Treaty of Peace with Austria, which was signed by her delegates on Sept. 10 and wherein the Covenant of the League of Nations figures in the same terma as in the German Treaty, the Chinese representa- tives will be entitled to participate in the first meeting of the League. China was not represented on the Comell of the League.

LOANS TO CHINA.

London, Nov. 10

The "Times" correspondent at New York says it is-stated on high authority that the bankers connected with the Fons Power Consortium balere if inadvisable to make a loan.tc China until the United States Treasury has led the way with an advance to the Chinese Government of twenty-five to thirty million dollars to enable China to demobilise her army. The attitude of the Government towards the Treasury loan is not clear. If the Treasury decides to make a loan probably no new legislation is necessary because an ample reserve still-re- mains of the amount suthorised by: Congress for: advances to - nations warring with Germany,

SILVER SHORTAGE

London, Nov. 1L.

The rise in the cash price of silver to 68; peace yesterday was due to demands from China. It is pointed out that the rise in the forward price to 67 pence means that it is worth while for dealers to take steps to encourage melting of coin and plate in order to fill their orders. It appears that the melting down of plate has already begun."

The Manchester Chamber of Commerce passed a resola-" tion urging the Government, in view of the abnormally high cost of süver and the shortage of copper coins, to withdraw from circulation all coins of higher value than the forin, employing, if necessary, five-shilling notes to augment the... reduced numbers of silver coins remaining in circulation, and the use of nickel instead of silver for all new coins hereafter required to represent values between a penny and a chilling,

THE INTERNATIONAL LABOUR CONFERENCE

London; Nov. 12

An official communique from the International Labour Conference at Washington states that the general discussion of the application of the principle of an eight-hour day or forty-eight hour week has been completed, and the amcoded draft referred to a committee of fifteen, composed of five representa. tires each of the Government,, employers' and workers' groups, which is given general authority over the whole subject.

SIR EDMUND ALLENBÝ

"

Sir Edward AFenby has arrived.

LODGE

Are Good Times

TO-DAY'S EXCHANGE.

The closing rate of the dollar, än femand, to-day was én./9 9/163. THE WEATHER. Forecast:-Goals. Barameter 10.93 Temperature 2 pm.: Humidity 9 pm. :-64.

BANK'SIMISTAKE.

CLERGYMAN'S "BOY "

DISCHARGED.

The case in which a Chinese "boy" employed by the Rev, C.B. Shana was charge with the larceny of $100 was concluded st the Magistracy to-day:

Developments in the case at the previous hearing on Saturday revealed that the "boy" was où Eriday sent by Mr. Shann to cash a cheque for $150 at' tho Hongkong and Shanghai Bank The "boy" returned and gave $50 to: Mr. Shann with the in- formation that he had received only that amount from the Bank. Enquiries ware made by Mr. Shann from the Bank and the result was that he gave the “boy" into Police custody on the follow- ing day.

On Saturday at the hearing of the case, evidence was given by Mr. W. R. McPhail, of the Hongkong and Shanghai [Bank, to the effect that it was possible that the Bask shroff might give less than the value of the cheque, through a mistake.

In view of this, Mr. RO. Hutchison, the Magistrate, re- served his threesina artil this- morning, when he unvanced that he was satisfied that the "boy" received only $50.

The "boy" was accordingly discharged.

DON'T FORGET."

to

TO-DAY.

Theatre Royal-Frawley Com-

pany present

Scandal -9.15

p.m.

Coronet Theatre-5.15 and 9.15

p.m.

Victoria Theatre-9.15 p.z.

TO-MORROW.

Coronet Theatre-5.15 and 9)5

Victoria Theatre 9.15 p.m.

Cairo, Nov. 12

p.m.

PRO- GERMANISM

ON.::

COLD TRAIL

BORAH

WILSON

HEN

WAFF!

WAFTI