1929-10-11 — Page 12

12

THE

HONGKONG

PENINSULA HOTEL:

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Grill

THE EUROPË HOTEL LTD.

Arthur E. Odali, Managing Director.

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THE HONGKONG : TELEGRAPH.

FRIDAY, OCTOBER 11, 1929.

AMAZING RUBBER FIGHTING OCCURS

RUMOUR.

AN INTERNATIONAL SCHEME?

AMERICAN OVERTURES TO DUTCH & BRITISH.

FUTURE PLANTING.

London, Oct. 3.

I learn that a movement 13 afoot to term an international price-fixing rubber combino."

Representatives of American rubber mantnctures were in Lon- don last week, and it is said, that they invited representatives of British growers to join in the movement for the establishment of

a gigantle cartel:

T

The Iritish rubber planters associations are reported to have

promised to reply to the American proposal this week, and, if their reply is favourable, a committed will be set up to consider details.

The Americans also Amsterdam, where their proposals are stated to have been received enthusiastically Ly the Dutch

Sumatra interest.

What Scheme Means.

IN KWANGSI.

TURNOVER OF LI MING-SHUI NOW DOUBTED.

I

MONGKONG SKIRMISH.

Wuchow, Oct. 10: After a fortnight of dilly dally and doubt, hostiEtles between pin-Nanking troops and those of the Yu Tso-pak, the extremist ox- Governor of Kwangsi are reported to have broken out at Mongkong, about thirty miles to the West of Wuchow, according to telegraphic messages from Wuchow to Cantom

SIR ROBT. HO TUNG INTERVIEWED:

MEETS GENERALS. IN THE NORTH.

ALARMING EXPERIENCE WHEN CROSSING RIVER.

NEARLY LOSES LIFE.

"Shanghai, Oct. 8.

Mongkong is now garrisoned by viewed last evening by a represent- Sir Robert Ho Tung was inter- the 2nd Brigade under Hau Chung-wu, of the Kwangsi Divative of the North-Chine Daily sion under Li Woon-yim (pro- News on the occasion of his return Nanking) while the attacking from an extended visit to north force said to be General Li Mingshui's 30th Brigade. Details China, during which he met Gan- are not divulged, but it is under-erals Chang Hsuch-liang, Yen Hal- stood that military leaders at shan and Feng Yu-hsiang, the Wachow regard the fighting which

pro-Nanking has left Mongkong in hands of three most important figures on troops, as mere the northern political stage at the present time.

skirmishing.

General Chan Chai-tong. com- visileimanding the Cantonese troops at Warchow, has indicated his desire to visit upper West River districts the event of further clashes between the Nanning troops and those of Canton,

The sherae, in effect, is to replace the former Stevenson restriction plan by one based primarily upon the stabilisation of the price of rubber.

A Naval wireless message from there is quiet. The 1,500 troops lehang, states that the situation including 14 junies officers, who

cent revolt among Chao Win were disarmed following the re-

shun's troops, have now been sent down the river.

ANOTHER COURT MARTIAL.

Sir Robert, whose trip with Lady Ho Tung was purely in the interests of furthering Chian's industries, spoke very highly of the hospitality shown him by the three lenders, whose guest he was and whom he described as exceed- ingly kind:

Mukden. Sir Robert said that these Dealing with his impressions of already had bees broadcast and he that Manchuria was still strongly of the opinion was capable of great development, Gen. Chang Hauch-liang was doing his very best to improve the Three Eastern Provinces and the dispute with Soviet Russia was considered most unfortunate. However, the Gen- cral had told him that all mis- understandings would be removed and he, expected a peaceful settle- ment.

Alarming Mishap.

21

The Americans anticipate an enormous increase in their rubber requirements during the next decade, and they presumably wish planting to proceed on a scale that will nicet their demands with out the planters being subjectar to fears that the price of the pre- duel will continuously fluctuate.

The weakness of the scheme, lies

(Continued from Page 1) in the fact that it may encourage nothing against him. over-production.

He would Therefore when the necessity arises manufacturers say that he struck him as a sør- thrown on the market at a sed toned by the President as to wher River had to be crossed. The should agree to take all rubber geant in the execution of his duty during his visit to Gen. Feng. In Sergeant Doig was closely ques-order to reach Tsinchi, the Fan price.

The move, however, is welcomed her he knew the stricts orders bridge was broken and was under as indicating that the Americans with regard to the handling of repair and the river had to be are now considering co-operation drunken men, and elicited the fact crossed in ricshas. In certain with the British rubber industry that as both, the men of Doig's parts, the water was knee deep rather than encouraging. new escort were Lance-Corporals, the and at other points it was entirely, plantations elsewhere in the accused in resting arrest must mud, world.--Straits Times Correspon. have struck as N.C.O..

dent.

Singapore.Scepticisņi. This message came as a complete surprise to rubber

in Singapore with whom a Straits

men

Tinacs representative. discuss ed it. and they. were In clined to be somewhat sceptical about the rumoured scheme until it was confirmed: Certainly nothing has been heard either by British or American rubber men in Singapore about any such pro- posal emanating góm the Ched States.

Sir Robert nearly lost his life

"On the day I went over there The President uaker Sergeant]

was a strong wind and my ricksha | Doig it, he were aware that it was

required that an N.C.D. stand back was carried about 20 feet out of its course and it nearly overturned. in a case of this nature and allow If it had capsized," said Sir. private soldiers to do the work. Robert, "I should surely have lost

Daig replied that he knew of this, but he had no option but to arrest the accused...”

Lance Corporal Dowsey, 2nd K.O.S.B.. a member of Sergeant Doig's cscort, corroborated, the sergeant's evidence, but said he could not be sure whether Sergeant Doig stepped forward before ac cuded struck him.

The case is proceeding.

my life, because I later learned that, at this very spot, 15 people lost their lives. The mud is doop and there is always a swift cur- rent running so, if one falls in. it is most unlikely that he will get out again.”

Some Impresssions. "understand that relations be- tween Gen. Chang and the National Government are very cordial but I did not deal with the matter directly with the General," Sir Robert said. "General Chang has a very able Heutenant in the per- son of Gen. Wang Shu-han, former JAPANESE RECAPTURING THE of very sound judgment. Apart Governor of Kirin, who is a man

GLOOMY SINGAPORE

TRADE.

The manager of a leading American Arm said he considered that the scheme was feasible pro- vided the whole of the Dutch interests were incorporated. He considered it would be. the beat! thing that could happen for the planting industry. The factor in rubber everyone had been trying to avoid was' the speculative fac- tor, which always meant fluctun- Lion in prices, and this uncertainty was the main thing that was un- during the first six month of 1929 Bettling the industry as a whole. the Hon. Mr. John Bagnall, pre-

Another View.

IMPORT TRADE.

Singapore, Oct. 5.

In his review of Singapore trade

n'o

from being a statesman of mean ability. Gen. Chang is an ex- cellent financier. I was. able to

finance. Judge this because we talked

"I had the good fortune to inter-

very nice man to talk to. From our conversation, he seemed to be very patriotic and sincere. I did hot talk to him much about polities; we chatted principally about industrial affairs in China generally and particularly in Shensi."

If the manufacturers and pro-giding at the half yearly meeting view Gen. Feng Yu-hsing at ducers could stabilise the price of the Singapore Chamber of Com- Tsinchi, the old capital of the although he could not see how merce In the Exchange Room Chow Dynasty, which is a few they were going to do it-then the yesterday afternoon, said there hours away from Taiyuan. industry would be more profitable had been

He more adverso than was looking quite well when I saw to both,

favourable factors, and that there him and he appeared to me to be seemed to be little prospect of recording a brighter period during very different view was ex-

the second half of this year, p.essed by a member of a large Eng-

Indications were that the im- lish firm of dealers."What are port trade must be prepared for they going to do about the native an extremely difficult and trying rubber?" was his first remark, time. Mr. Bagnall gave some in "In this country along it produces teresting statistics showing that somewhere about 50 per cent, of

the Japanese are quickly recaptur- the total. What would be the ing the import trade which they good of getting all European in- test during the recent boycott, and. Dealing with Gen. Yen Hsi-shan, terests if this large portion were he referred to the logged incurred to be left out?. No, it cannot pós-, by importers and dealers caught sibly be a success! There is only with large commitments of British ane thing that can control the and continental goods. price, and that is supply and de- mand."

Continuing, he went on to say that somewhere between 40 and

F

stable, and that was the stabilisa tion of the tyre industry. Over- production of tyres at one perlod 50 per cent, of the rubber produc- and under-production at another

whole.

Yen a Great Lover of Peace.

ir Robert continued: "My im- pression is that Gen, Yen is a great lover of peace, I think, the peaceful condition in China of the last few months has been due, principally, to his good judgment and good will. He is trying his hardest to remove all malsunder- cessful so far as the North and atandings. He has been very suc-

are concerned.

Northwest

In

8.30 a.m. When F

ed in the world was, native-owned, was where all the trouble came and unless it was possible to form from. If the American manufac- a combine sufficiently big enough turers had not made a rush for spite of falling health, he is a and wealthy enough to buy all this rubber in the early part of the very hard worker. He rises early rubber and take care of it, then year the price would never have early as

in the morning, and received me na he did not think any scheine of, been up to 1s.. and never down to questioned him about the general, that sort would work, or even have 91⁄2d. In May America used situation, he told me that all mix- much effect on the industry as a 49,000 tons, in August 38,000 understandings would be removed tons, while the estimate for Octo- ber was 33,000. If they had main taired an average of about 42,000 He did think that at the moment tons then there would have not the present price of rubber did not been all that wild fluctuation in give opportunity for producers to, prices. The producer himself was plant new areas, and as there was one of the biggest gamblers in the steadily increasing consumption kame, and yet, he blamed everyone the time would arrive when there etc.

Insufficient Rubber.

would be Insufficient rubber to This informant's final opinion

and that everything would go on as smoothly as he had expected. Of course, that was before "the Chang Fat-kwei movement."

Generals Feng and Yen were going In answer to a question whether abroad, Sir Robert replied that he did not expect them to leave China for the presont. Gen. Yen had asked him to make a trip through

meet the demands of manufac on the proposed scheme was that Shansi to see conditions but he turers, When that was going to be no one could say..

There was one thing that would re or less minke the price

they were at

the wrong end. "Control consumption and keep it at a steady rate," he said. "and then, and only then, will we get a more or less stable price.

had to postpone this until some future date.

Sir Robert and Lady Ho Tung will return to Hongkong on the 16th instant.

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