1934-03-15 — Page 19

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THE

15, 1934.

HONGKONG · TELEGRAPH.

THURSDAY, ›~ MARCH 1

TRADE WAR

FEARS

JAPAN NAVAL

DISASTER

ONLY SIX SAVED

FROM WRECK.

Sasebo, Mar. 14.

Of a gallant ship's company of more than 100 officers and men, six are alive to-day, plucked from n horrible death in the dark, wator-filling interior of a causized vessel.

Anglo-Japanese Parley

Collapses

'London, Mar. 1d.

TICKET. FOR INSULL

FOREIGN MINISTER OF GREECE LENDS AID

Athens, Mar. 14. The Greck Government is speed- ing the departure of Mr. Samuel In- Bull, Sr., the much-wanted financial operator against whom fraud After ten months of propara- charges are waiting in the United tion, the Anglo-Japanese textile States. Mr. Inaull

has boén negotiations have broken down forced to leave Greece by the and it is feared that the break-nited States' demand. down la permanent, unless the Government Intervanes.

The Foreign Minister to-day

In whatever country Mr. Insall

ikely to casue between the rival

An internal struggle, then, is in fou of passports, economic forces of Britain which Recka sanctuary, the United States are desirous of or opposed to will seek to arrest him by means cancellation of the treaty.

of extradition treatles.United Press.

Textile interests, rubber goods, pottery producers and those in similar industries, who are suf-

The Tomotsura, newly commis sloned, salled from her home port

A permanent breakdown would naked Mr. Insull to leave Thurs- for manoeuvres with other units strengthen the agitation in favour day morning on the Orient Ex- himself bought the of the Imperial Japanese Navy auf denouncing the Anglo-Japanese press and few days ago. On Monday ofllcorn Commercial Treaty of 1808. Suchekel. He also secured the neces were on the bridge, but her docks a move would probably result in a sary visas on Mr. Insull's Ameri- were clear, for she was steaming trade war, entailing repercussions can travel papers at the United States Legniton, which are issued into a gale. Wireless operators in the world political situation. were giving and taking message from slater torpedo-bonts and other vessels a few miles away.

Suddenly, without warning, the Tomotsura capsized. The officers on the bridge were awept away, to drown. But the hulk floated at, with scores of Hving men trapped | foring from Japanese competition, with her, without a hope of escape. are strongly demanding the The British delegatos have decid- Up to this point the story has treaty's cancellation but shipping ed not to discuss the matter any further and to refer the subjects been reconstructed. About ten machine

companies, chemical industries,

In dispute to the Government. works and steel bar hours after the dianater, the de.. manufacturers relict was found. Sho was towed lucrative Japanese markets and position is hopeless.

are cying tho Japanese circles declare that the to Sasebo Naval Yard, where doing their utmost to avert a trade efforts were made to, discover whe-war. ther any had survived the 'ac- cident. Workmen tapped the bull with hammers and when they heard a faint response, they cut a hole through the plates.

The delegatos to-day held n joint meeting for half an hour and then separated for private discussion; the breakdown of after which

Bankers Concern. British bankers, too, fear that an Anglo-Japanese trade strife would impede Japan's ability to negotiations wan announced. meet her foreign financial obilga-

The British inemorandum to the tions and recall that approximate- Japanese textile delegation, which ly Yen 150,000,000 in Japanese vus mentioned on March 9, has in the London market. Hence, it long-term debts, are outstanding been published.

The memorandum contains the

"

Hours of Uncertainty. The work was

slow, and the suspense for those men trapped Inside must have been ngony is likely that financiera will ad- Finally, after a day and a night vocate continuance of the treaty. following concrete suggestions: In the darkness, close to death.

Should a trade war onsue, how- That the British delegation three of them were freed yester-ever, Britain might seek a joint would agree that the discussions day morning.

policy with the United States in should begin with one or more of Last night and to-day the work the Pacific and even to improve the undermentioned regions, which went on, and workmen went deep her relations with Russia with the British delegation invited the into the ship In search of sur view to off-getting Japanese ex-Japanese to select.

The regions specified wero vivors and of bodica. By this panelon.

The most likely result of a Africa, Asia, the Near and Middle morning, three, more lying non- men and 26 dead had been brought breach would be a more compact East, Europe, South America and out into the light of day, and laid co-operation between the Mother Central America.

The markets included land and the Dominions, since the upon the dock. Relatives were there, wives and children, and latter are also experiencing.com- Near and Middle East were not to there were dreadful scenes of an-mercial gat-backs due to Japan's be included in Asia or Europe.

It was suggested that in cases ruish when families recognised growth in trade. Moreover, Aus-

tralia and New Zealand are ap- of doubt in regard to the inclusion their dead.

prehensive of Japan's political particular countries in one or other of these areas the matter There were 300 persons on the ambitions.. dock bealdo the Tomotsura's: Sir John Simon's Japan policy tween the parties.

could be settled by discussion be- wrock. They waited for hour has long been a target of critic-i after hour as the bodies were ism, particularly In Oriental sec and Japanese Empires were to be The markets within the British hrought forth to be identified. tora of the British Empire, where regarded as separate groups for Among the dead was not one of the desired often expressed for discussion, when suitable progress Acor. It is Bosed that oil of closer Anglo-hited States colla had been made in connection with them were washed overboard! boration to check the Japanese bid other areas,

for supremacy in the Pacific- United Prenat

Late this afternoon it was re ported that 49 corpses had been recovered from the hull and that' there was no hope of any more survivora.-Router and United

Preas.

British Scheme.

London, Mar. 14. The Anglo-Japanese textile negotiations have broken down.

in the

Discussions on each region were to be without prejudice to the liber- ty of both delegations in reaching final decisions on the negotiations as a whole, the memorandum con- cludes. Reuter.

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