1922-09-18 — Page 3

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MEXICO'S DEBTS. T

Huw Mexico City, Sept. 16,

ngkon

In the

[of Nationg, the moti

| Chinese delegation regarling" the

The Houl of Representatives has trazimously - presod Agreement with the International Baukers Committee, relating to renewal of non-permanent members

the resumption of the payment of Mexico's debt; "N)

pf the Guineil, was relerced to the First Gouinissioned Fac

[A cable dated June 17th anys: The agreement covering

· The debpts in the Fifth Commla- alexico's debt, subject to the approval of President Obregon, sion-originated with Sir Arthor "covers securities of the face value of $500,000.000 gold, the Steel. Mritlnud. of New Zealanil interest on the arrears of which approximates $200,000,000. Cash who ingved a proposat inviting the payments of current Interest bogla on 2nd January next. Governments of fuuntries whose from a special fund into which will be paid olland export taxen | imports of opium were lininited and i the surcharge on the TONS receipts of the national not increase their importa railways. All payments of back interest will be waived, Overdue until they bad ascertained, and coupons will be deposited with a trustee, and receipts for coupons | reported `to the League the ex- will be amortized without interert over a period of time, this timated monote of their legitimate arrangement being practically the ancellation of párt vele bar consumption. Bir Arthur Steel interest. The Mexican railways will be promptly returned, to pri- Maitland explained that the vate management, and the Mexican Government, will some allution especially aimed at the ni railway debts not already guaranteed by it. In order to give time quest of the Kingkoug Gavera. for the full resumption of all cash obligations, all classes of bondent to increase is importation." holders shall agree to a temporary suspension of sinking-fund rights, etc., for five years.]

"

THE RUBBER INDUSTRY.

Mr. Combe Tennaat shal that

Į Bribun was prepared to undertake that fler average consumption of Kopium in Hongkong did not exceedi the average for the past few years.

Mr. Chung Hein-chu protested it the inermase on the groomi that the present quantity, was sufficient for Hongkong and ans excess was likely to be exported to Canton,

Lord Chelmsford said thất Chios

London, August 15. At a meeting at the offices of the Rubber Growers' Association, Mr. E. B. Davis, from New York, explained and advocated a scheme for the formation of a big international company for the stabilisa tion of the rubber industry. He declared that if the leaders of the industry, or a substantial proportion of them, were able to get together here, they would receive ample support from the produced 751 times more opium United States. It was finally decided to further examine the pro- than Hongkong was now ukking

that the for. posal at another meeting on Sept. 20th, en condition participants are not committed to endorsing the scheme.

'Mrs. Coombe Tennant said that Mr. Davis is attending a similar conference at the Hague on opium was smuggled to Hongkong Sept, 18th.

froin China.

"Mr. Chuo Hsin-chu said that the Hongkong Government should stóp Ismuggling.

Sir Arthur Steel Maitland rejoir. that the discussion had removed misunderstandings and withdrew

AMERICAN TENNIS CHAMPIONSHIP.

Philadelphia, Sept, 16. Johnston and Tilden are left in the final round of the National Lawn Tennis Championship, in which Patterson, Shimizu, Alonzo and other leading exponents were earlier defeated. In the semi-his motion. final Johnston beat Richards 8-6, 6-2, 6-1 and Tilden bent Patter- son 4-6, 6-4, 6-3, 6-1.

Then the motion mentioned on 12th inst., restricting the manufact Lure of morphin to medica! legitimate requireñients, was moved! by Mr. Chan Hsin-chu, who amend. ed it, merely emphasising that in the view of the Assembly was` thint. the limitation of production to medical requirements was the inost effective method for stoppang illicit | Mr. Urquhart says that thousands of applications for com-

traffic and recommending the ac- have been received since the Russo-celeration of the enquiry into the mercial posts in Russia Asiatic's agreement with the Soviet was signed. Merchants, clerks world's legitimate requirements and engineers, formerly employed in Russia, are scrambling to get with a view to the submission of back. This was significant of Russin's commercial re-awakening.

the provisional estininté and søkemej Įto the Assembly in 1923,

Philadelphia, Sept. 17. Tilden won the National Lawn Tennis Championship, defeat ing Johnston 4-6, 3-6, 6-2, 6-3, 6-4,

RUSSIA'S COMMERCIAL RE-AWAKENING.

London, Sept. 16.

INTERNATIONAL LABOUR.

Geneva, Sept. 17.

The amended mation was sup parted by Lord Chelmsford and lopted, after whichy M. Ador made the declaration cabled in 12th inst

introduer impit certificates.-- Heater,

In the Fourth Commission of the League Assembly, the Japanese Mr. Adatchi hoped the International Labour Offre would extend its activities to the Far East, particularly Japan, whereumising that Switzerland would strong a working class movement existed,

YACHT TEAM RACING.

Oyster Bay, Sept. 17.

The keen contests in the series of matches for the Anglo- American Cup have concluded. The American aggregate is III points, and the British 104,

FORD'S IDLE WORKS.

Detroit, Sept. 17.

are

It is estimated that а hundred thousand employees affected by the decision to close down the Ford motor works, owing, to the exorbitant price of coal.

THE REPARATIONS PROBLEM.

London, Sept. 16. Herr Havenstein, President of the Reichsbank,, visited the Bank of England and conferred with Sir John Bradbury, who arrived

from Paris.

RUSSIA'S GRAIN HARVEST.

Berlin, Sept. 36.

At a festival at Moscow to celebrate the close of the harvest, the President of the All-Russian Executive Committe: announced that the harvest had yielded forty-seven million tons. The Famine Commission will consequently be abolished, and arrangements are being made to begin the export of grain, 2 忄

Rempats

AUSTRALIA'S NORTHERN TERRITORY,'

Melbourne, Sept. 16. The Federal Government is consdering the proposal of a syn- dicate to grow cotton in the Northern Territory. It is proposed to raise capital in Britain and to bring out Europeans, preferably British,

THE FORDNEY TARIFF BILL.

Washington, Sept. 16: The House of Representatives hay prased the Fordney Tariff Bill by 210 votes to 30:

TO CHECK PROFITEERING.

Washington, Sept. 17. The Senate by 37 voted to 12 adopted the joint "Congress report on the Cummins Bill, designed to check profiteering on coal, which has now been sent to the President,

-FIRE AT · NEW: ORLEANS:

New Orleans, Sept. 10

A fire broke out in the river docks late last night. Several city blocks are now involved. The damage up to the present estimated at four million dollars.

RUSSIAN VOLUNTEER

FLEET.

Agent Arrested for Debt.

Shanghai, Sept. 16-Elletier, the Slangbai agent of the Russian | Volunteer Fleet, has been arrested, | being unable to furnish security in asut by the firin of l'atstone" for } forty thousand dollars aðvanced to

the Fleet-Brater.

Shanghai, Sept. 16-Elleder has thean ri leased affer our night at the polier station. His, attorney un- nounce that Elleder would · file a damage suit against the Shanghai Municipal Council for 100,000 tels. Elleder is subject to Kús. sian law, which has not such a thing as imprisoninent for debt.- Reuter.

JAPAN AND RUSSIA. Agreement at Changchun Conference: NEN Changchun Sept. 16th. At Fri- Į day's session of the Russo-Japanese Conference, the delegates examin- ed and agreed" to the provisions of [a' dmft agreement concerning mutual abstention from propaganda and hostile actions, liberty of entry and travel, and assurances regard: | ing life and property of the subjects

and citizens of both countries. Beutere

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