1932-12-09 — Page 15

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Thongkong Telegraph.

FORT DUNLOP

FOUNDED (1)

No. 18879

K# WAS+*#* FRIDAY, DECEMBER 9, 1932.

日二十月二十

SINGLE COPT 10 CENTS

KILN PER ANNUM

"South China Morning Post Bldg.” Tel. 26554.

AMERICA REFUSES WAR DEBT POSTPONEMENT

America's Reply to Britain gives no direct answer to the request for postponement of the December war debt instalment, but -expresses confidence that Congress would consider any reasonable

suggestion for facilitating the payment.

It is authoritatively foreshadowed in Paris that Britain will pay in gold.

AMERICA'S REPLY

TO FRANCE

NOW IN THE HANDS OF AMBASSADOR

Washington, Dec. H. The American Reply to the

French Note on war debts hau been handed to the French Am- bassador. It is believed to be conciliatory in tone without do- parting from the requirement that the December lustalment of the war debt be paid.-Beuter,

JARNANAESTEN TORTILLAGE BEANCOMERCIONALNE

JAPAN'S CHALLENGE

READY TO FACE THE SANCTIONS

WILL NOT BUDGE FROM STAND

Geneva, Dec. 8. The general debate in the; League Assembly closed this afternoon with a declaration by Mr. Matsuoka that Japan

face was ready to

the severest sanctions of the League rather than alter her stanpoint regarding' Man- churia.

Following the earlier threat of Japanese resignation from the League the tactics of Mr. Matsuoka have presented the Assembly with an extremely delicate situation.

REPLY TO BRITISH

DEBTS NOTE

PREPARED TO REVIEW ENTIRE SITUATION

ADMITS INCREASED

BURDEN

LONDON, December 9.

THE UNITED STATES IS PREPARED TO SURVEY THE ENTIRE WAR DEBTS SITUATION - IN CO-OPERATION WITH BRITAIN, TO CON- SIDER WHAT MEANS MAY BE TAKEN TO RESTORE STABILITY OF EXCHANGES AND TO REVIVE TRADE, BUT MUST INSIST UPON

WAR DEBTS AND WORLD CRISIS-Our pictures convey an impression of the consequences of the world trade crisis. (1) London's bread Has. (2) Communiem in Hyda Park (3) Foeding homeless in New. York (4) Rhode Island riais (5) Relief centres in Berlin (6) Lining up at Berlin soup kitchens (7) Riotere in Valencia.

PAYMENT OF THE DECEMBER INSTALMENT, INVOICE

NO MATTER WHAT DEVICE IS ADOPTED TO

MITIGATE THE CONSEQUENCES OF THE OFFICE.

TRANSFER.

This is the purport of America's Reply to the British MYSTERY

War Debt Note which was released for publication to.

ULTIMATUM TO PERSIA

PREREMPTORY BRITISH NOTE SENT

A WEEK'S GRACE

London, Dec. 8.

A preremptory Note has been handed to the Persian Government by the British Minister demanding the withdrawal of the cancella- tion of the D'Arcy Concos- sion.

:

It is officially stated that the British Note declares that unless Persin withdraws the cancellation! of the Anglo-Persian OH Com- pany's rights by December 15, the!' British Government will refer the matter to the Hague Court as a matter of urgency.

The Hague Court, the Note adds, will be requested to indicate the provisional measures which may |be taken to preserve British oil

rights in Persla-Reider.

WITHDRAWAL DEMAND.

In the Houso of Commons, Captain Eden read the text of the

FIRST HALF Note, which was handed to the

STOP PRESS FIRST HALF

London, Dec. D.

French opinion is seemingly veering towards the ́payment of the U.S. Debt. but the decision is

Assembly.

day. It recognises the increased burden of the debt and MR. Y. H. WEN NOW!dependent on Monday's debate in its relationship to the problem of world recovery, and the dangerous possibilities inherent in the December payment.

The Note disagrees with the British contention that war debts are largely responsible for the world depres sion and that cancellation is essential to world recovery.

RESPONSIBILITY FOR DEPRESSION

It is believed, however, that thei League's "genius in diplomacy" will prove equal to the resolution

The Reply of the United States submitted by Senator Connolly (Ireland), Dr. Benes (Czecho-Secretary of States to the British Slovakia), and the Spanish de-ale on War Debts says the Government have con. legate, condemning the actions of States Japan, the adoption of which Bidered the British Note with the might involve Japan's resignation, realest care, and proceeds:

"Whatever part the debt pay-

It is believed that the resolution ments may have played in the will be aide-tracked by taking the economic history of the post-war other resolution, sponsored by the

it years, Is clear that in the Swiss and Czecho-Slovakian de-present conditions of world-wide legaten, first. This resolution redepression, accompanied by the fers a resolutions to the

Com-sweeping fall of prices, their mittee of Nineteen-Reuter.

weight has greatly increased, anil that they have a very definite re- lationship to the problem or rc-

BUDDHIST

COMPLETE SURVEY.

IN SHANGHAI

British opinion generally wel- comes the friendly tone of the U.S. Reply though it is recognised that CANTON STORY OF unless Mr. Roosevelt agree to cooperate with President Hoover, very little effective work is possi- ble before March.

The Times regards the Note as

ABOLITION

GOALS

INTER-VARSITY SOCCER

CAMBRIDGE WIN COMFORTABLY

on

Persian Foreign Minister December 2nd and which described the Persiah Government's action as an inadmissable breach of the terms of the concession,

The Note stated that the Britishi Government took a most serious view of the Persian Government' conduct, and demanded the im modiate withdrawal of the notifica tion fasued to the Company. The hope was expressed that the Persian Government would be at pains to reach an amicable settle Cambridge University de-ment in direct negotiation with the. Company, but the British Govern- feated Oxford University by ment would, if the necessity arose.

London, Dec. 8.

No information has reached significant for what it accepts and three goals to one in the take all legitimate measures to the Chinese Invoice Office in snys the offer to negotiate is an im-annual association football Protect their just and indisputable

interests. Hongkong_regarding a report portant contribution.

reasonable

JAPAN'S LATEST

from the Central Press Agency: The Morning Post remarks that match at Stamford Bridge The Note added that the British Government would not tolerate any a semi-official bureau in Canton, if the Note represents America's to-day.

damage to the Company's interest in the British Note that

All the goals were obtained in or any the to the effect that the Nanking considered attitude, a

interference with their loans made by the

firat United Government is contemplating settinment of the debt question is the

half, Moxon went States represent, in their

through to score for

(Continued on Page 7) the Light In the abolition of the Office, which disappointingly remote.

The Daily Telegraph says Britain Blues when the game was a few terest, expenditure on destruc- was only opened eight days ago. will pay, but not again or

these minutes old.) tion, that the payments here- tofore made to the United States According to the Canton report, terms.

The Deity Herald says the Noteswift rally, but the Cambridge Moss equalised for Oxford in a have been largely responsible there is strong opposition by the for the existing world depression merchants and trade guilds in contains strong hope for revision.

half-backs afterwards gained ព The News-Chronicle remarks that grip on the game and Oxford were and the concentration of a large Cunton to the continuance of the amount of gold in the United office, on the ground that the con- the whole controversy has narrowe kept well in hand, States and that the complete aular Invoices mean an additional down to the necessity of convincing cancellation of war debts lalevy to the Customs tariff and that Congress of the need for war debt it is raising the price of staple revision with the least loss to all essential to world recovery.

foods, much of which. has to be countries concerned.

The Daily Express still urges de- Imported.

| fault-Reuter, When a Telegraph representative

COMBINED LOANS,

It says that many of the loans.

"RUM-BOAT” SEIZURE

LONDONER TURNS cover in which both the British made before the Armistice and called at the Invoice Office this and American people have such substantially all made since, were morning, he was informed that vital interest.

not for destruction, and that lean Mr. Y. H. Wen, the Invoice Offcor, 64 than one-third of the amounts is now in Shanghai, being en route expended in the United States by to Nanking to report on the work- The President of the United her debtors after she entered the ing of the Oflee to the Govern- States is prepared, through what-war was spent for munitions and ment, ever agency may neem appropriate, remounta. in co-operation with the

MR. B. L. BROUGHTON

(ny

INITIATED

(Special to "Telegraph")

Telegraph.

4. 8.30 am-}

Copyright, Telegraphic Musange Ordinance, 1895. Ressived, Der

Peking, Dec. 9.

has been

Mr. Broughton is the first Englishman to be initiated Peking-Reuter,

the

| thoroughly explored.

British

In reaching the settlements with

OVER-EMPHASIS.

CANTON VISIT.

WASHINGTON

(Our Own Correspondent).

an Ordinance, 1876

(By Telegraph. Copyright, Telegraphic

10. 19.π↓ 2.7./

!

DRIVE

OPERATIONS NEAR KIRIN

exi

A series of bright passing move- ments culminated in Cooper giving. Cambridge the lend and before the

Harbin, Dec. 9. interval, the same player scored

Following their sucressful a snap goal which, with Cambridge pedition along the western section definitely on top, practically nettl- of the "Chinese Eastern Railway ed the result.

the Japanese are now divorting? Bright play was witnessed in their attention to the area north the early stages of the second half, east of Kirin, where they intend to but Oxford's strenuous efforts launch drive almed. at the falled to make any impression on elimination of Generals Li Tu and the steady Cambridge defence, Ting Chao.

23

and interest gradually faded. The This is the information given toi Light Blues on several occasions Reuter by a high Japanese military came close to Increasing their official, lond-Router.

It is declared that the Japanese

will pursue the drive right to the

M. 2 OPERATIONS NOT Soviet frontier, if necessary, but

will not cross over-Reuter, TO CONTINUE

*

HAPPY VALLEY EXPLOSION

the

Government to aurvey the situa- their debtors, the United States The acting Invoice Officer, it was CANADIAN PROTEST TO tion and to consider what means Government combined the loans further stated, had just returned may be taken to bring about made during the war and after the from Canton where he had been stability of Armistice, Including commercial discussing with merchants the restoration of Currencies and exchange, a revival credit, and funded all in the debt question of charges. of trade and a recovery of prices. agreements.

Tho officer temporarily In

In announcing the final Rucrived, Deo.

aban- "I welcome the suggestion for a In the presence of more than close examination between the In Europe, the figures cited in the he had seen the Canton report,

FINE WEATHER As a different practice prevailed charge of the Office, asked if

donment of the M.2 salvage opera- fifty Chinese Buddhists, including United States and Great Britain, British Note are not strictly com-nid: "No information haa hoon

London, Dec. 9. tlons, the Lords of the Admiralty The anticyclone has extended Chu Ching-lan, the well-known re-

A vigorous protest against the pay a tribute to the skill and castward to South Japan. Fresh lief worker, Mr. B. L. Broughton, of the whole subject, in preparation parable.

received by us on the matter. I do not see," he added, "how this boarding or seizure of British courage of the divers and others, to strong monsoon will continue Vice-President of the Mahaboldi for the international economic con-

rum and any tho ference, for I believe that there Society of London,

experience gained along the coast, and over The British Note also seemed office can be abolished without steamers, alleged to be

one hour's fully justified the operations. China Sea. Local forecast:-NE initiated into the local Buddhist are important avenues of mutual to over-emphasize the Influence official notification to the Hong-running, which are

winds, fresh; fine. advantage which should Association.

the American British Wirelces. be which the war debt payments may kong and British Governments, steaming from

hayo had in the past on world which have given us power

to coast, has been lodged with Mr. in CANCELLATION NOT IMPLIED. economy. With the various ob function in the Colony."

H. L. Stimson by the Canadian servations and figures presented

Minister in Washington. "Such an examination does not by the British Government In that imply cancellation.

regard, the American Government "In such an examination, thoro is not la accord, but does not de- would necessarily be considera-sire to enter into a detailed dis- tlon of other forms of taugible cussion in view of the larger im- compensation available, for the mediate issues. expansion of markets for the pro- In general, it is their view that

It is claimed by the Canadian ducts of American agriculture and the causes of depression lay In WILL BE RESUMED

Government that the Mazaltoy was labour.

much more potent forces than

eloven and a half miles off the

explosion [fuse occurred in the box. "And you will understand that these dobte transactions and that

coast of Massachusetts when she occurred this morning outside the Almost immediately afterwardi the problem of foreign debts has, in the total of receipts and outgo

London, Dec. 8. was stopped by American Prohibi Craigengower Cricket Club as the came the muffled roar of an ex In the American mind, a very de-arising from the International

an result of which an employee of the įplosion and part of the roadwa After concluding its general tion officers and taken into finite relationship with the pro- transactions of the debtor coun- Harbin, Dec. 9.

Hongkong Electric Company ro-{was blown up. Ong of tho work Reports regarding the fate of blem of disarmament and the tries and the United States, the discussion on Federal finance, the America port and solzed.

Canada hints that in the ovent of colved burns about the face. men received the full blast and wa General Su Pin-won are most con- continuous burden which competl debt payments had been a rola-Indian Rand Table Conference an unsatisfactory reply, she will The cause of the explosion is injured. flicting, some stating that he is tive armament imposes upon the tively minor item.

[to-day adjourned.

withdraw her co-operation In difcult to explain, but it appears The explosion occurred in a atill in Soviet territory, and others entire world."

A dato for rosuming is to be America's prohibition measures, that workmen of the H. E. C. pipe below ground and there. that he is among four thousand Proceeding, the reply sayS The argument that the payment fixed later, in accordance with the which have almost eliminated wore, engaged in inspection of a have been some direct, connend the United States Government of theso dobta had drained the progresa of the various com-smuggling along the United States transformor near the Club, when, between the slectria fuse and at cannot accept the implications (Continued on Page 7.) -/-√mittees.~British Wirelcan," --- coast."

for some unknown" FORBÓN, a blast in the gas-main?

SU PING-WEN'S FATE

CONFLICTING TALES IN HARBIN

Chinese troops. nent back into Chinese territory --Rauter:

GOLD "CORNER."

INDIAN PARLEY

SUSPENDED

LATER

The protest is the outcome of a caas now pending before the U.S. Supreme Court, in which the vall

dity in contested of the seizure of ELECTRIC WOKRER INJURED: PART OF ROAD

the Canadian vessel, Mazaltoy, in 1980.

An

TORN UP: GAS MYSTERY

extraordinary.

Page 15Page 16

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