1935-02-28 — Page 1

DARD DISINFECTANT

GENERAL DISINFECTING,

DEODORISING

and CLEANSING

in

ONE GALLON TINS

$2.75

E. WARREN & CO., LT

China Building, Hongkong.

The

FIRST EDITIO

Suprem

Hongkong Telegraph

FOUNDED. LEK

* No. 14628

四拜後 號八廿月二英鹅香 THURSDAY, FEBRÚARY 28, 1935. 日五廿月正

CHINA'S

OLYMPIAD

FINANCE

MAY

GO

SINO-JAPANESE

PACT RUMOUR

BRITAIN WATCHING

DEVELOPMENTS

DOMINIONS KEPT FULLY

INFORMED

London, Feb. 27.

Further questions were asked in the House of Com- mons to-day with a view to ascertaining what know- ledge the Government possessed of alleged Sino- Japanese agreements. At the same time, in response to questions, Sir John Simon, the Foreign Minister, said the Diminions and all parts of the Empire were being kept fully informed as to important developments in the Far East.

CRISIS

CONFERENCE

CALLED

SOONG TO ATTEND

Shanghai, Feb. 28.

The North China Daily News quotes reliable information from Nanking to the effect that General Chiang Kai-shek had called a financial conference at` mco- Hankow to decide upon aures to cope with the present

monetary situation.

The journal adds that political circles in the capital altach much importance to the conference, for besides foreign nancial ad- visers, Mr. T. V. Soong, former Finance Minister, hus been invit- ed to attend.

The conference in expected to

Mr. Dudley Joel, Conservative, asked whether the new Sino-Japanese agreement affected economic or open to-day or to-morriweuter. other interests of Britain; and requested an opinion from the Government as to whether such an agreement would modify or reverse the conclusion of a Washing-

ton conference.

Sir John Simon replied, as Mr. Anthony Eden, Lord Privy Seal had indicated yesterday:

"The Government is still with- nut definito information with regard to the purport of Sino- Japaneso conversations.

aware,

no

"As far as 1 nm Heneral agreement between the two countries hna boon con- cluded," the Foreign Minister

stated:

mattor for the

U.S. MAY

ENTER LEAGUE

LORD LYTTON HOPEFUL

ANXIOUS FOR PEACE

MARQUIS OF SLIGO PASSES

SURVIVOR OF INDIA MUTINY

(Special to "Telograph")

(by Telegraph. Ceruright. Tdapraphie Mer sage Ordinance, 1894. 15...

flacaived, February

London, Feb. 27.

The death of the sixth Marquis

TO JAPAN

ITALY GIVES SUPPORT

FINNISH RIVALS

Rome, Feb. 27.

SINGLE COPC 10 CENTS

136.00 PER ANNUM “

NEW

SEASON'S GOODS

WINKALL

DEPARTMENTS

AT NEW EXCHANGE PRICES

AT

WHITEAWAY'S

SCANDAL HINTS IN COMMONS

MINISTER DEFENDS TIN INTERESTS

It was officially stated to day REFLECTION ON MALAYA

that the Italian Government had telegraphed its representa- : tive at Oslo to withdraw. the claim of Rome to the 1040 Olympic Games in favour of Japan.--Reuter.

(Special to “Telegraph”)

the Telegraph. Copyright. Telegraphis Man mages Ordinancov, 2891. Ilveeived, February

Oslo, Feb. 27.

Great offorts are being made by: Italy, Japan and Finland to be choson as the venue for the Olympic Games of 1940.

The matter may be settled at a plenary session of the Internation- nl Olympic Committee on March 1, Japan, capocially, has left no stone unturned, to gat the Mr. Ramsay MacDonald, who says for Tokyo, as 1040 will see the he does not require any advice a 2,000th anniversary of the found- to when he shall give up the Premier-ation of the Japanese Empire.

ahip.

Price Of Gold May Advance

STERLING TO BE FORCED DOWN ?

games

The Tokyo Municipal Council has already voted £100,000 towards the expenser of foreign athletes and has promised to build, a studium accommodate 100,000 people if successful in her claim to the game. Tokyo hopes that those offers will counteract any gographical disadvantages.'

Finland considers the past per- formances of her athletes streng. then her claim for Helsingfors as the next venue of the Olympiad. The Italian delegates consider Rome has the best chance.-

of Sligo, at the age of 78, occurred WORLD FINANCE Reuter Special.

to-day.

lie was one of the few survivors of the Indian Mutiny..

This WAS Empire to consider as a whole, remarked Mr. Geoffrey Mandur, Liberal, when he asked whether the Dominions had been consulted with regard to the altuation in the For Eust with a view to ascertain- ing what action could usefully be

London, Feb. 27. taken to maintain peace and secure international rights under The possibility of the United existing treaties.

.States joining the League of

Born in India, the Marqule was Mr. J. II. Thomas, Secretary

tary of Nations was mentioned at a not only a "mutiny baby" but was State for the Dominions, assured meeting at Knebworth, Hert-rescued from the mutineers by his Mr. Mander that the Dominion fordshire, by Lord Lytton last ayah who stained his skin and Governments were being kept fully night. informed on important develop! ments in the Far East, ua in other parts of the world.

He did not accept the sugges- tion in the latter part of the ques-

Lord Lytton has only just re- turned from a visit to the United States, where he delivered a num- bor of lectures.

passed him off as her own child and brought him safely to his Lord and Lady parents, then Henry Browne.

The Marquis fought through campaigns In Afghanistan. In the late years of the last century, and was active in Ireland during the troubious days.of 1914.

His heir is his son, the Earl of

tion, that Britain's rights or the that America

He said that in spite of the fact WOB atill very rights of any nation, under international treatles, might he "isolationist" in policy, there was Л very strong, even universal Jeopardised.

Replying to a further question feeling, in favour of peace and from Mr. F. R. West, Labour, Mr. | Security against any possible re-Altamont-Reuter Special.

currence of war. Douglas Hacking, Parliamentary

For this

he felt, the the Under-Secretary for

War

was good ground Offico, said that the Far East visit United States

to for the seed of the League. She strong and might eventually be a Hongkong Colombo, was incidental to the Lengue member-Reuter.

of Major-General Barron, Singapore,

normal duties of inspection.-

Reuter.

THIRTEEN BANK MORTGAGEES

MANY CLAIMS. ON COTTON MILL

LITIGATION AVOIDED

reason,

RETAIL TRADE

RISE IN BRITISH SALES

BRITISH FOREIGN

SECRETARY

NON-POLITICAL TALK

IN PARIS

REVIEWED

Washington, Feb 27.

1 la considered unlikely that

the price. of gold in London will go below 140 shillinge and it is thought that it may go consider- ably higher.

.-

Recovery In the American capital goods market in overdue.

A new deflationary plan is ex-. pected to be...presented in the Swiss Parliament in the March scaelon

Foreign holdings of gold in London subject to quick with-

DISMISSED HIS SHIP

Court-Martial Of Renown's Captain

London, Feb., 27.. The Naval court-martial at Portsmouth has found Capt. H. R. Sawbridge, O.B.E., captain of H.M.S. Renown, guilty of the charge. of negligently or by default hazarding the great battle-. cruiser, on January 23.

He was dismissed his ship.-Router.

DEFENDS NATIONAL SYSTEM

MR. MACDONALD'S POLICY

Landon, Feb. 27. The Prime Minister, Mr. Ramsay MacDonald, was given a partieu- larly hearty receptfon at Don- caster when he spoke to-night, arming that the present Cabinet was determined to do its utmost to keep the National Government combination together.

REPRESENTATIVES

London, Feb. 27. Members of the House of Commons to-day were trying to establish a connection between tin interests. and the recent British commodity market scandals, which involved many persons in heavy losses,

A long series of questions suggested that steps be taken to exclude from the International Tin Committee. or Buffer Stock Committee any representatives of Malaya or Nigeria who have a personal interest in tin or who participated in the pepper and shellac pools.

Sir Philip Cunliffe-Lister, Secretary of State for the Colonies, replied to the questioners that Malayan and Nigerian representatives on these committees are officials without any financial interest in tin, but the representatives of the Dutch East Indies and Bolivia include interested business men, while practically all the advisers of the Committees are persons interested in the tin industry.

Sir Philip said that any persen guilty of Impropriety would not

THREAT TO be qualified to represent a Colonini U.S.-SOVIET RELATIONS

UNDESIRABLE RESOLUTIONS

STATE DEPT. PROTESTS

Washington, Feb. 27. Despite protests from the State Department, the House of Representatives Foreign Affairs Committee has promised a hear- ing to Representative Tinkham, Republican, on March 19, on a resolution urging the withdrawal

of the United States' diplomatic recognition of Soviet Russia.

Sanator Barbour has introduced similar resolution into the Senate..

A

Government, and it was impropër and unfair to assumie, he added, that anybody directly or in- directly, consected with the tin scheme. had acted improperly.

The Minister' went on to say that no discussions had yet

occurred between himself and representatives of Malaya and Nigeria regarding the ranewal of the tin scheme, which expires in 1936.

BLOW TO MALAYA

Mr. Walter S. Liddal; National Conservative; suggested that-if the schema were abandoned Malaya and Nigeria would be

Bravely affected and many work. fing people would probably · Jose

employment.

Sir Philip replied that that point was perfectly true.

Mr. J. C. Wilmot, Labour, rafsed

the question of committeomen prò-

fiting from advance information.

Sir Philip said that the question did not arise because the Com- |mittee's' decision was published Im-

mediately after it was taken.

URGES INQUIRY

Mr. Wilmot drew attention to the Malayan opposition to the scheme for the establishment of a |buffer tin pool, and suggested that

The campaign to break off diplomatic relations with Moscow "When the moment comes when follows apon, the failure of recont. I myself for any reason and un-negotiations for the settlement of fortunately there are many-am the Russian debt with the United no longer satisfied with my ability States. to pull my full weight, I shall not require advice to make up my mind what my duty is," said Mr.partment objects to approval of the scheme.

the resolutions on the ground that MacDonald-Reuter,

RESISTING AIR ATTACKS

BRITISH COMMITTEE

It is understood, the State De-an Inquiry should be made into

'Sir Philip declined to consider

such matter is exclusively under the jurisdiction of the an inquiry, because the bailer was not yet working. President himself, and adoption scheme of such 巍 measure would. Therefore, he said, there can be hamper Soviet-American relations, no question of Inquiring into its

operation. -Router.

London. Feb. 27. The Foreign Secretary, Sir John Simon, will travel by air to- London, Feb. 27. morrow to Paris, where at night; la to deliver a non-political The money value of retail trade he sales January was 4.2 per cent. lecture. He will take luncheon at the British Embassy, at which the larger than in January, 1934.

M. Foreign Minister, Indla rubber, at 105, was higher French than in the first month of the Laval, will be one of the guests. three preceding years, though con- Later, Sir John Simon will have a conversation with M. Laval on alderably below the peak attained in December lost. Stocks at the current European questions. The ond of January were 1.2 per cont. Premier, M., Flandin, and other prominent men of affairs in less in value than a year earlier

It was stated, in reply to a and employment was 2.3 per cent. France, will probably meet Sir

at the lecture, and at Important British and French Commons question, that the Air greater-British Wireless.

opinion is that the British au- Minister, Lord Londonderry, de- thorities intend to force sterling cided some months ago to appoint down to a better bargaining post-4 special committee to investigate,

as a matter of urgency, the possi-a tion with dollars.

of countering air attacks by

Shanghai, Feb. 28. Bcaldes the Bank of China and the Shanghai Commercial Savings Dank, no less than thirteen native

ANGLO-POLISH TRADE banks claim that they are also second mortgagess of the No. 7

London, Feb. 27. Cotton and other property

The Anglo-Pollsh commercial' Sing Company. The claims funder the case more complicated agreement was signed metad

of the

John the reception which will follow it. Sir John Simon, returns to London on Friday morning. The date of his projected visit to Berlin is not yet fixed-British Wireless.

endor the can intivo banks sub- Foreign Office to-day-British COLONIAL OFFICE mit that last year Mr. Yung Wireless. Chung-ching, General Manager

of the Sung Sing Company, mortgaged the No. 7 and other sorting cotton mills belonging to the Com. News.. pany to the total value of $10,000,-

000, for a loan of $2,800,000

They also claim that in making arrangements for this loan consort

to litigation-Central

APPOINTMENT

NEW SECRETARY FOR

TRINIDAD.

London, Feb. 27.

drawal are estimated at £300,000,- 000,

INVESTIGATING

London, Feb. 27.

` H.K. DOLLAR ·· ADVANCES

pepper

The Minister drew attention to the statement in the press, that |the Anglo-Oriental Corporation had nover had, any interest in or shellac or similat produce. Ho was aware of the increased tin production in the. Congo, but the Committee pre- forred admission of the Congo to the tin control scheme con ita presont terms to leaving the There was a further advance of Congo to unrestrained production. farthing in the rate of the Hong-Router.

INDIA CAUSING UNEASINESS

are reaching new records. France's adverse January trade balance is sclones. reported at 142,000,000 francs. The Committee is already at Now Itailan Import restrictions work, and in due course its report will cut American raw cotton and will be brought before the Com- cotton products 76% on the basis mittee of Imporial Defence- of last year's imports. American British Wireless. stool is piso severely affected, while imports of British coal and textiles will be heavily eat,

Franch unemployment figuros bing the recent progress of Kong dollar this morning, the open-

It is believed that British in ternal industrial expansion has reached its limit with no great

ABORTIVE EFFORT

ing rate being 18. 10.5/8d. The market opened slightly onsier than RUTH TO MANAGE yesterday, with inter-bank busi- ness reported at 1a. 10.16/16d.

Some mervousness is apparent regarding the action which India may take regarding the allver im port duty. Thore le talk of the daty being removed. At present there is a bull position in Bombay of 150,000,000 ounces. Should the duty romain, covering is possible,

BOSTON CLUB

EXPECTS TO PLAY. THIS SEASON

Now York, Feb. 27 Babe Ruth said today, hob and the market might then do definitely agreed that, 01

of his contractkeith Lay HI the Club in 1988, ATENS

OBJECT TO AUCTION

Shanghai, Feb. 28. The staff and workers, numbering.

Felping, Feb. 28. was obtained from the Hongkong over 8,000, of the No. 7 Cotton Mill The Colonial Office announces degree of confidence in the out- A message from Changchun and Shanghai Banking Corpora- of the Sung Sing Company have that Mr. Alfred Seymour, Colonial look until monetary stabillaation states that the plans for a confer-cline. tion, the first mortgaggee of the issued a

ence between Outer Mongolia and declaration expressing Secretary at Fiji, has been selected and greater expansion - In No. 7 Cotton Mill of the Sun Bing their objection to the auctioning of for appointment as

Manchukuo for the demarcation of In London, alter prices ad-Braves, he will bester the mill to certain foreign interesta Secretary of Trinidad, in success- The dollar should Company.

Solicitors representing three by the Hongkong and Shanghal ion to Sir Selwyn Grier, Governor strong, accentuated by European as the Outer Mongolian Government bought, while Chins operated both sides are in conference with a view Banking

Corporation-Central of the Elice and Windward purchases of American eculties declined to participate Central ways. Busines modern De Ho

Islands British Wireissa,

Swan, Culbertson and Friis,

and the market olösed aken

to settling this dispute without roNeios..

Colonial trade is achieved. The border lines, has proved abortive, vanced · 1/16th yesterday.. India waar aay

News