1926-03-25 — Page 1

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INTER-ALLIED DEBTS.

[FOUNDED I881

No. 21,189

四拜禮 號五十二月三英港香 THURSDAY, MARCH 25, 1926. 日二十月二

SINGLE: COPS, 10 CENTS

$36.PER ANNUM

ROPE AND LAND.

BLOCKADE.

BIG BANDIT GANG

CAPTURED.

1',

WOMAN LEADER, AMONG CAPTIVES.

300 REPORTED KILLED.

SEVERAL RUSSIANS UNDER ARREST.

THREE REPORTED SHOT.-

U. S. CONSUL'S SUCCESSFUL SHAREHOLDER CRITICISES

PROTEST.

THE MIXTURE.

SUPPLIES FOR STAFF.

COMPANY MEETING.

Despite the closing down of the

New has reached Canton of the That the Company had spent rounding up of a notorious gang. Canton Hospital and the removal of all the patients, the strike $600,000 in building Chinese tene of bandits in the Laichow district, Reports now to hand from Canton indicate that last Satur- day's events possessed a far bigger significance than was at first pickets have still continued to ments and the income derived from with the capture of the woman thought, General Chang Kai-shok having brought off a swift coup cause further trouble, with the re-this source was not sufficient to pay chief at its head, as well as over 1200 of her followers, and the kill- against both the boycott pickets and the Russians. !

ault that the American Consul the bank inrest in respect of ing of 800 others. The houses of Russian officers in Tungahan were searched. General has had to take action in money burrowed for this purpose This gang, which is known as considerable ammunition, taken therefrom and a number of the in- mates placed under arrost. Three of these are reported to have the matter.

was one of the criticisms lovelled the "Iron Blood gang, has for long ihad its stronghold at Paklo, in the boon since shot. Many of the pickets at the headquartera wore The foreign staff has, since the by Mr. Kolly Sayce at this morn- Luichow district, with a woman at It is thought that General Chan now intends clearing out all closing down of the institution, re-ing's annual meeting of the Hong-its head and her husband as chief the Russians from Canton, hoping eventually to set up his own mained in residence at the hospital, kong Rope Manufacturing Com-lieutenant. Comprising many hun- Government. Locally it is rumoured that over a hundred Russians but the strike pickets have endea-pany, Limited, when he declared Creds of men, the gang has been the terror of Luichow and the sur- have already embarked aboard a Russian steamer leaving for youred to prevent food supplies

he was veicing the opinion of rounding districts for the past Vladivostock.

large number of shareholders in fifteen years. advising the directors to get out of land, and leave land and property

also disarmed.

going in.

to Land Companies,

BRITAIN'S POLICY 1 LUCIDLY

EXPLAINED.

DEBATE IN

COMMONS.

The accusation that the settlement terms with Italy were "trivial in the extreme" and that the provisional terms arranged with France should be revised, was the outstanding characteristio of a speech in the House of Commons yesterday by Mr. Philip Snowden during an important debate on Britain and Inter-A}lied debts.

Mr. Winston Churchill, reitorated that Britain was in favour of obliterating all the Inter-Alllod debts, but that as Britain had to pay £38,000,000 a year to the United States, she was trying to get nearly that sum from her debtors and German reparations,

Having quoted figures showing how Britain hoped to get £83,000,000 per year, Mr. Churchill said that Russia might, some day, fill in the gap.

During the period of its exist- The Telegraph's Canton corres-during Sunday, when the Bank was

So serious had the position be

Rugby, March 24. to do what was fair and right pondent, writing under date of shut. All day on Monday crowds come, that the American Consul

ence, the gang is said to have been

A debate took place in the House) towards individual debtors who had responsible, for the killing and kid- Tuesday, states that what on swarmed into the Bank but the General called on the Commissioner

napping of thousands of Chinese of Commons to-day on the subject made genuine and spontaneous

of inter-Allied debta,

efforts to redeem their obligations. Saturday appeared to be nothing situation became easier on Tucs-for Foreign Affairs

The meeting was held at the and the sacking and burning of to whom he

board room of Messrs. Shewan, many villagers. It has latterly re- Snowden, who was Chancellor of State had an immenso interest in It was opened by Mr. Philip] On the other hand, every civilised else than a local political move day, while to-day it is practically made & protest against the activities Tomes and Company this morning, duced Luchow, Chuman and other the Exchequer in the lato Labour obtaining from its creditors a fuli, now transpires to have been a much normal.

of the pickets, informing him that and Mr. R. G. Shewan occupied the towns to a state of utter desola- Government. Mr Snowden point free and honourable discharge of bigger affair, which may have al

WANG CHING-WAY'S ILLNESS... if there was any further interfer- chair. There were also present: tion.

The Hon. Mr. P. H. Holyoak,

ed out that Britain was owed its contractual obligations. With- considerable bearing on the whole With reference to the illness of ence from this quarter he would Mr. Allan Cameron, Mr. H. P. was effected by General Chan Ko- by Franco, £600,000,000 by Italy, of the debtor was gravely under

The rounding up of the gang £600,000,000 by Russia, £700,000,000 out such a discharge, the credit boycott situation:...

Mr. Wang Ching-wai, a chief offi-send in provisions to the hospital White (members of the Consulting uk, and on the capture of the and about £100,000,000 by smaller mined. The power of a creditor For some time past, says our cial of the Canton Government, all under protection of armed marines. (Secretary), Mr. Kelly. Sayce, Mr. General Li Chai-sum is reported to paying to the United States about capacity to pay but by a debtor's Committee), Mr. J. Coulthart leader and many of her followers European States.. Britain was was limited not only by a debtor's correspondent, it has been rumour doctors in attendance have advised | The protest has apparently prov-D. W. Munton, Mr. M. A have ordered the shooting of £34,000,000 a year rising ultimately view of the importance to himself ed that General Chang Kai-shek absolute rest and quiet, and free-ed successful, for our Canton cor- Figueiredo, Mr. J. Toppin, Mr. A twenty of the most notorious cap to £38,000,000 under the funding of world credit. has been tiring of Russlan influencedom from all mental exertion. It respondent states that since. th... Shields, Mr. I. W. Shewan, Mr.uves. the rest to be held as host-arrangement made with that coun-

C. H. Osmund, Mr. F. J. Tavares, ages until the remnant of the gang try. The debt to the United States WHAT HAS BEEN DONE, · and has beef schenging for some reported that the Committee of Consul's call on the Foreign Com and Mr. A. A. Botelho (share had unconditionally surrendered. would be liquidated only in 62 As to what had been done:to- time to find a plan whereby he political Affairs, in consequenre missioner the pickets have refrain-holders).

"might oast them. The Russians.

for ed from further interference. on the other hand, are said to have

of Mr. Wang's application been well aware of his intentions leave of absence, met and deliber

fated on the selection of an official |

and have been indulging in intrigas with a view to his assassination.!

to act in his place. It is said that BRAZIL TRAGEDY.

-104 LIVES LOST.

CHAIRMAN'S SPEECIL

The Secretary having read the notice convening the meeting.

'DOUBLE MURDER.

Britain

upon We did not

The people of Leichow, however, years. If the debts of the Euro-wards collecting debts owed to us, are said to have petitioned General pean States, to Great Britain were had repudiated hers it might not Mr. Churchill said though Russla Li. to spare the woman's life. funded on the same terms as the

British debt to Ameripa Great be the last word that we should The Chairman said:-Gentle-

hentroni Russia. Britain would get £84,190,000 a

Things were men-We now lay before you the

year from the European States. changing there and the importance report and accounts for the year

But, under the Balfour Note, of the world's credits to that vast In their schemes, the Russians In decision was reached at

which closed on 31st. Decepiher.

dawning for community was was not asking have been aided by the Vice Messrs. Chan Shugan and Chan

1925, and as 'copies of these have

SHOT BY ROBBERS.

£84,000,000 but...for £38,000,000 Ruzain's rulers. been in your hands for some time Admiral la command of the flagship Kang-pok are to act conjointly in

under the German reparations and abrogate any of our claims, and if at any time the initiative in Manao (Brazil), March 24 past, I will, with your permission,

from Italy, France and other Con- Chungshan, who has been for some the matters connected with the Go-

One hundred and four fatalities take them, as read. When I ad- The bodies of two men who had tinental debtors-sufficient only to raising the question came from time a bitter enemy of Generalvernment, and Messrs, Lum Tsu-are reported in connection with dressed you aliout twelve months been shot were recovered on the pay the annual tribute which Russia we should not treat Russia with less consideration than we Chang Kai-shek.

hom and Kum Nai-tang are to art the loss of the Brazilian steamer ago, I said I could not speak opti-foreshore near Wu Shek Pok Britain has to pay to the United

had treated the other debtors, In Päes de Carvalho which, was des- mistically about the prospects for village, in the Shataukok district, sin received £4,000,000 a year regard to the debt of Italy, her

States: Under the Italian agreement, conjointly in affairs relating to

troyed by fire and sunk near Coury. 1925, and I am sorry to say that, Matters came to a head on Fri-the Kuomintang..

yesterday.

capacity to pay had been consider- and if the provisional agreemented by our experts to be about one- -Reuter. day night, when the plans of the

LOSS CAUSED

counts, my fears have been fully Gathering the threads of this with France were carried out she BY EXPLOSION."

realized. Russians leaked out and came to It is locally rumoured that

The profit from sales ense together, the police found that would receive £12,500,000 yearly third of the capacity to pay of France, and she had agreed to pay Rio de Janeiro, March 24.

from that country. With of rope is $50,478.56 and we col- the deceased belonged to a fishing £10,000,000 a year from German 24,000,000 for 62 years. This the ears of Generul. Chang Kai-General Chang Kai-shek has The latest report says that an lected $19,885.21, in rents. De- shek. The latter immediately took issued a general order to the explosion caused the loss of the ducting depreciation $21.008.06, Junk, which was boarded and Reparations, Britain's total yearly country attached the utmost import

steamer Pacs de Carvalao. Eighty interest paid $22.581.14. Consult-Obviously the occupants resisted that, when

ransacked by armed robbers, receipts would be £26,500,000. So ance to the fact that that was on the sole credit of Italy action and curly on Saturday morn effect that all Russians are to passengers, the Captain and twofing Committee and Auditors fees.and were shot by the robbers, who £38,000,000 millions to the United herself and not contingent on the ing he has leave Canton at the earliest reparations Italy received from surrounded, as well as the strike portunity under penalty of arrest, gers and seven of the crew were headquarters, and there he carriet and it is further stated, that over vicc.

rescued Renter's American Ser out a successful counter-move.

GENERAL CHANG ACTS.

RUSSIANS. "DEPORTED."

a hundred have departed for where ä Russian

All Russian houses were entered Whampoa and all arms and ammunition were steanier is said to be waiting to

taken away, while at headquarters take them to Vladivostock.

SETTLEMENT OF STRIKE?

the pickets were disarmed and over

1,000 rifles taken away, besides all

The opinion held in certain well-

as you will have "acen from the ae-

we were

duced to $24,775.99. Under these circumstances, we regret we can-with ropes cut from the sails.

sen, after having secured them the bad.

not recommend the payment of a dividend on this occaslon.. In all 'our markets we have had competi-

**UNFAIR TO BRITAIN.

יו

paying

tion such as we have never before UNLUCKY THIRTEEN. while her debtors were poor, Mr. ship of Italy and Britain. The

INDIANS INSULTED.

| had to contend against. Factories

CHINESE WOMEN FINED.

AGED HAWKER'S

APPEARANCE. ·

In Manila can find a good market in the United States as their ship- ments go in free of duties which, the strikers' books. Several of the informed circles here and the

Two Chinese women, taken into yarns from here, have just been as regards shipments of rope suspected Russians wore arrested feeling generally voiced in the custody by an Indian conatabis fixed at 40 per cent ad valorem;. on an old hawker, of 70, who, His thirteenth fine was imposed early this morning for dumping

Germany. He emphasised that no political consideration of any kind entered into the fixing of that Referring to the arguments that sum, except the general political Great Britain was a rich country consideration of the long friend- Snowden pointed out that during main principle on which the agree the time when this country was ment was reached with M. Call- suffering from unparalled trade aux last August was the dle- depression, France was enjoying a charge by France of her liabilities period of unparalled prosperity.

by paying 62 annuitles of She had no unemployed like this sums in industrial reconstruction. country and had spent enormous $12,500,000 on her sole credit.

That was the basis of the agree

and it is rumoured that three have Shamcen, is that there is every refuse into a drain, had it alleged that is, of course, a very heavy charged before Major C. Willson Yet Britain was paying in taxation/ment, but there were three points,

been shot.

handicap for us. As there are

possibility that considerable pro-against them that they used inde-four factories over there, you will this morning for lacking a licence, and she was paying 100 per cent. still presented difficulties which Afty per cent, more than France one of which then presented and It appears to have been the gress towards settlement of the cont language to the policeman. idea of the Russians to get the strike and boycott will have been

One of the terms complained of appreciate that we have had a was described by Sergeant Nolloth more than Italy, In this way, the were outstanding. The first point

hard struggle to meet such artifi- as a "perfect nuisance" pickets and boycott organization made if General Chang Kai-shek's devil"), while another strongly trouble at Canton which affected the man's record, but it was only the time came when France re-elasticity was allowed for in the

WAK "molokwai" (l.e."Indian cial competition. The political

British tax-paper was subsidising related to rate of exchange-that to gain control of the Government, present plans bear full fruition.

There was another conviction in the severe competition of France certain elasticity would be given. resented expression was an awful all our shipping customers was in the form of a warning.

and Italy with British goods. If In making" payments. A certain curse amounting to a wish for the

naturally reflected in our local

sumed negotiations with us. In agreement with Italy, but in the The police officer said that in regard to the settlement of her case of France they had not yet

:.

1926 show a marked 'falling off as

months of that year.

Sales

in which event the Vice Admiral, It is thought that prominent total extinction of the family and sales which for the last half of considoration of his age, the defen-debt he hoped, the Chancellor of the arrived at any precise form of On their part, the women, who against those for the first aix dant had been given every oppor- Exchequer would not be bound al-words. The second outstanding tunity of renewing his hawker's together by the terms previously point was that the full figure of licence, but the defendant had not made, but would ask for a revision £12,500,000 was not to be reached done so.

of those terms which would do less until the year 1930. It was to be A fine of $10 was inflicted in the injustice to this country. He reached by a series of steps along described the settlement with Italy which payments were to advance as "trivial in the extreme."

until they had reached the full figure. The British representa tives had their view of what those

of the Chungshan was to be given leaders in Canton, in addition to relatives of the Indian." an important post. The latter Chang Kai-shek, have inspired the was, however, arrested by General coup.

appeared before Major C. Willson Chang's troops and is stated to

at the Police Court' this morning, abrond also showed the effect of Nothing has been heard in fur-alleged indecent behaviour against the competition I have just re- have been promptly executed ly thor reference

con- the witness. versations at Macao between the leved by the Beach, a fine of $10

This was not be

ferred to. In face of all these. Legislative Council (Sir Shou-son

prising that our total deliveries Chów and Hon. Dr. R. H. Kote-

for 1925 shew a reduction of over

'Bhooting.

A NEW GOVERNMENT?

to

the

Chinese Unofficial Members of the each being imposed on the necused, adverse ecnditions, it is not sur-present instance.

KOWLOON THEFTS.

It is thought that General Chant wall) and Mr. Fu Ping-shan, the Kai-shek will now make a big effort Foreign Commissioner of the Can- to drive all the Russians from Can-ton Government, but it stated that. ton and set up his own

many official meetings wore held Govern in Canton subsequently when the CLOTHES STOLEN FROM ROOF. ment, and many are of opinion that question of settlement prospects the developments now occurring were discussed. mean the beginning of the end so

one million pounds and our net MATTEOTI'S MURDER. profits from Working Account are down to 450,478.56,, nя against $100,744.04 in 1924.

The price of Manila hemp, as usual, iluctuated greatly, the quotation for the grade mostly

BALFOUR NOTE PRINCIPLES. Mr. Winston Churchill, replying,

said this country had never taken Payments should be, and they put the view that the cost of the shot]

their views. before the French THREE MEN GET SIX YEARS. and shell fired in a common cause

Minister. M. Caillaux neither ae-. could be considered morally and copted nor rejected it, but he (Mr. Chieti, Italy, March 24. A Chinese, pleading guilty to a

sentimentally aa on exactly the Churchill) was left under the fm- charge of stealing a quit belong used by us went from Pesos 35 with the murder of the Socialist clal debts. We were willing to was satisfactorily adjusted there The trial of the ave men charged same footing as ordinary commer pression that if everything else far as the present Government is mencement of a general advance dried on the roof of the house, gun

Following the report of the coming, where the article was being Pesos 23.50 in June, when it be in three, named Durini, Volpi and owing by our Allies provided we difficulty, about that. There was ing to Mrs. C. Webb, of Leys Build- per picul in January, down to Deputy, Signor Matteoff, resalted obliterate altogether all debts was not likely to be any serious concerned.

The pickets are still functioning, jacent provinces, it is now reporte labour by Mr. J. H. B. Nihill, at the Pesos 83 per picul.

on Wuchang by troops of the ad-was sentenced to six weeks hard closing at the end of the year at years each and also debatred for That view did not commend itself was the one which presented the steadily again. Poveromo, being sentenced to six were treated in a similar manner, a final point of difference and it but Tungshan remains closely ceived in Canton from General

od that a telegram has beon re Kowloon Magistracy this morning.

to the United States and we were most"! serious difficulty. The life from holding any publle offee forced, therefore, to adopt à dif- British representativos had 25- guarded by large bodies of troops. Fong Poon-yan that the Kiangai,

Our investments are now all dis- They were ordered to pay the forent position from that which our sonted to so low a figure as A second Chinese, was sentenced posed of, the last sold leaving a costs of the prosecution. In view of Saturday's events, Army, under General Chang Chok-to one month's hard labour for re- profit of $4,082.25 as shown in the others, named Malacria and Violations had naturally suggested, and the annuity on the understanding Two own Instincts, and historical tradi- $12,500,000-as basic the figure of there was a run on the Central pun, having passed Kul Kiang, coiving certain undergarments Profit and Loss Account,

were, acquitted. The three men the Balfour Note was drawn up, that it should be on the sole cre- Spi Chang, Mo-Ning and other which had been stolen from the

The returns from our house pro-sentenced will bened by the re- We adhered to it and as far as dit of France and not contingent Bank on Monday morning, the places, is now crossing the fron-roof. of Mr. Vessoona's residence party have been most disappoint mission of one quarter of the possible we were endeavouring to on reparations. There was cer notos having depreciated 10% tier.

at Loys Building.

/Continued on Page 18). length of their sentences Router,ive affect to it, but we also wanted (Continued on Log Ho

to rise