1935-04-10 — Page 13

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FINAL EDITION

Court

Hongkong Telegraph.

POUNDED 1901

No. 14501

三拜禮 第十月四英港香

WEDNESDAY, APRIL 10,

1935.

日八初月三

HITLER DEMANDS LOST COLONIES

GERMANY'S POLICIES

DIVULGED

SIMON TELLS OF BERLIN CONVERSATIONS

(Ry Telegraph. Copyright. Telegraphic Messance Ordinance, 1894. Received, Aprů 10, 2 a.m.)

London, April 9. Sir John Simon,, the Foreign Minister, who was Britain's chief delegate at the Berlin conversations, revealed in the House of Commons for the first time to- day that Germany is demanding, as an assurance of security, a big army, navy and air force, and the return of lost Colonies.

He said that in the Berlin conference, Herr Hitler's proposals were laid before him. They included plans for an army of thirty-six divisions, representing a maximum strength of 550,000 men.

BRITISH

SUBJECT

ARRESTED

CASE OF MISTAKEN

IDENTITY

PROTEST TO ROME

(Special to "Telegrap

(y Teleprank, Copyright. Telegraphie Meangre Ordinance, 18" ifreeived, Apri an, 1 pum¿

Rome, Apr. 9.

While cycling through the South of Italy. Mr. Hugh Montgomery, First Secretary of the British

Legation to the Holy See, was

arrested in error and kept in custody for two days. The authorities thought

W83 Ger-

man py.

M. Laval, French Foreign Minister, who has virtually concluded

He was sitting in a 'cafe at Franco-Russian Convention to ra- Noln when he was seized.

place the projected Eastern Pact

The mistake was apparently due to the fact that two Germans were recently arrested in the Aame neighbourhood on a charge of spying upon Italian troop move- monta.

Mr. Montgomery was apparently mistaken for an accomplice of the alleged German spies and was pre- vented from communicating with the British authorities, despite his proteatations of innocence and the

two full days.

The Foreign Minister said that Germany claimed she should possess all types of arms possessed by other countries. "With certain reservations, Germany claim- ed a navy which would equal thirty-five per cent. of Great Britain's total tonnage, and aerial parity with identification papers he carried, for Britain and France,

Meanwhile, a United Press report adds that autho- ritative German sources assert that Britain has invited Germany to subinit new suggestions for a collective European security system.

"Germany," said Sir John, "is prepared to accept n system of

military supervision provided it applies to all powers equally.

"Germany also favours an ai pact between the Locarno Treats signatories.

"Germany will not vintinue to participate in the League of Na- ilons if she must remain a cous- try-of inferior rank."

DEMANDS COLONIES

The Foreign Minister revealed for the first time, also, that Ger- many is demanding the restoration of her colonies, taken from her in the War..

Sir John Intimated that he had conveyed to Chancellor Hitler Great Britain's disappointment at the difficulties in the path of an agree.

ment.

SIMON'S OUTLOOK OFFENDS

GERMAN VIEW OF BERLIN TALKS

ANXIOUS TO AID PEACE

7

Berlin, April 9. The speech of Sir John Simon. British Foreign Secretary, dealing with the Berlin conversations in In respect to the Stresa confer-which he discussed the possibility of war prevention pacts with Baron ence, Sir John, when questioned, was unwilling to discuss Britain's on Neurath and Herr Hitler, is being closely scrutinised offelally policy. He said that up to the before it is issued to the press for present the Government had not publication to-day. formulated a definite altitude as a result of his and Mr. Anthony Ellen's interviews

foreign capitals.

11

NO EASTERN PACT

10

It is understood that official circles feel that Sir John has in- sufficiently emphasised the post- tive side of the Berlin discussions, and Germany's willingness and even to make practical pro- assist in the pacification of Europe Sir John, that she was not pre-posals in this connection. pared to sign an Eastern European The officially inspired Diploma- Paet binding her to naalat

Germany had made it plato, said

to participato

The British Embassy, has sent a protest to the Quirinal.-Reuter Special.

Motor Fuel From Coal

CHINA TO PURCHASE BRITISH PLANT

Sheffield, April 9. Shefield-industry is expecting to receive orders for a quantity of machinery, amounting to hundreds of thousands sterling in value, following the arrhtal hero Chinese Government chemists, Mr. Chin Wen-al and Mr. Soon Wen.

of

They have been sent to Sheffield In connection with the Chinese Government's proposal to produce motor fuel from coal on a large scale, by a low temperature car- bonisation process.

The two chemists to-day visited the works at Doncaster in this connection

and

of samples Chinese coal

were tested and found satisfactory for motor fuel production.-Reuter.

LUDENDORFF IN OLD UNIFORM

nation In the event of aggression, Germany is ready

tische Korrespondens declares that REVIEWS TROOPS ON particularly 38s he was not pre-in any arms convention creating pared to enter into a Busso-Ger- for All its participants equal man mutual assistance past.

rights, obligations and security.--

On the other hand, Germany) Reuter, favours n non-aggression paet! among the powers interested in the Eastern European questions, with provisions for colisultation if aggression Is threatened,

A little earlier the House heard Sir Philip Sassoon, the Under- Secretary for Air, forecast. the British Aircraft expansion pro- Kramme to meet Germany's bid, for supremacy-United Press.

London, April 9.

S'HAI MARKET REPORT

DOLLAR REMAINS

STEADY

*Shanghai; April 10. The Foreign Exchange Market is inactive this morning, with traders awaiting the announce- ment of the exchange equalisation

The Foreign Secretary, on the eve of his departure for the Three Power Conference at Strean, made a atatement this evening with regard to his recent exploratory rate. tour of European capitals.

The undertone of the market

Sir John Simon said it would be appears firm.

BIRTHDAY

in likely, Germany, and Poland continue to refuse to participate therein.

Impertinent Attitude

U.S. RESENTMENT AGAINST JAPAN

(Special to "Telegraph")

GERMAN

BID FOR

AIR POWER

BRITAIN FEELS GRAVE CONCERN

MAY HASTEN EXPANSION

(Special to "Telegraph")

Telegraph, Copyright. Telegraphia Missper Ordinamer, tap. Renciurd, April

London, April 9.

10.7 mm)

The speeding up of the British military alreraft expansion pro- gramme in order to meet Gen- many's for supremacy was fore- shadowed in the House of Commons to-day when Sir Philip Sassoon, Under-Secretary for Afr. declared:

. "The rate of Germany's air de- velopment is causing the British Government grave concern..

The situation needs careful and continuous watchfulness in. order that any necessary altern- tions may be made in our pro- gramme."

Sir Philip added that he believed the Royal Air Force still enjoyed a margin of superiority over the German Air Force.-United Press.

CAREFUL WATCHFULNESS

London, April 9.

"After all the relevant factors are taken into account we bollave the British Air Force has still a margin of superiority over the German," declared Sir

Philip Sassoon, in the House of Commons to-day,

Washington, April 9. Omiciuls view the enforcement of the Manchuria oft nonopoly, on Wednesday, as a new obstacle to the functioning of rational Inter "Nevertheless, thic rate

of national relations, for which Japan Germany's air development, he eun be considered largely responsi- | said, was causing the Government |1le.

grave concern.

The same sources reiterated that

the monopoly was a violation of The situation, he added, would

'need careful watchfulness in order

#0039028863002259:29 20that

-STILL IGNORES

TREATY

Germany Building Battleships

(Special to "Telegraph")

Berlin, April 10:

It is learned that Cer many is building two pocket battleships of a tonnage and with guns larger than that allowed under the terms of the Treaty of Versailles. which Germany signed in 1919.

Germany is also building a non-fighting high speed mystery ship, which looks like a yacht, to be used to command a battle fleet and in range-finding United

Prexa.

ENDEN

the "Open Door" policy and the specific pledges of Manchurian and Japanese officials that they would uphold the "Open Door" principles.

SINGLE COPC 10 CENTS

$31.00 PER ANNUM

All that is known about tyre making is embodied in

DUNLOP TYRES

"BEARS" TRADE ON SHARE LOANS

EVADE PROTECTIVE MARKET RULE

ARTIFICIAL DEPRESSION BROUGHT TO COLONY

That "Bears," finding it difficult to depress the local share market by forward sales-owing to the new rule requiring brokers to give numbers of shares sold forward-are now resorting to other tactics to attain their ends, is the allegation of a prominent City man who is in close touch with Ice House Street activi- ties.

The method employed is the "borrowing" of shares against cash, and the utilisation of these shares for the purpose of "bearing" the market. In this way, an artificial depression is created.

Shareholders are warned of the folly of lending their shares for such a purpose, the result being, ac- cording to our informant, destruction of the value of the lender's securities.

The views of our Informant. given in the course of an interview on the effects of the now Stock Exchange rulo regarding forward contracts, were expressed in the

ROYAL PORTRAITS following words:

UNVEILED

CEREMONY. IN KOWLOON

INDIAN WELFARE

CENTRE

ONLY RELIABLE GUIDE

com- com-

The Stock Exchange quotations of any large community must be the barometer which registers more or less accurately the merclat condition of that munity and are therefore of con- siderable importance. In 'order to obtain a reliable guide as the state of affairs it la more or less essential that the daily quot- ations receiving official sanction should be bona fide and not "flash"

to

any necessary alteration A simple but impressive cere-quotations created for a specific might be made in the British pro-mony took place at the Indian; purpose by Interested parties at_ gramme. Reuter Special.

Child Welfare Centre, Gun Club the moment of the "cull over"— Hill, Kowloon, this morning when quotation, designed not to guide His Excellency Major-General but to mislead the outside public. 0. C. Borrett and Mrs. Borrett "At the moment, the Hongkong unveiled portraits of Their Ma-Stock Exchange is under the in- jeatles the King and Queen. fluence of a 'Bear' raid of long

Ship Ashore

Near Hongkong

SALVAGE VESSEL

TO RESCUE

The photographs, which have standing carried out

with per- The photographs, which have been tinacity and with considerablo eil to the Centre by the G.O.C. and ability. Now, 'Bear raids from Mra. Borrétt.

time to time serve a useful purpose Amongst those who attended the in checking too exuberant bulls ceremony were Brigadier H. G. and act as a brake on markets Beth-Smith and Mrs. Seth-Smith, that might otherwise boll over Col. E. St. G. Kirke and Mrs. and finally do a great deal of Kirke, Col. W. J. H. Bilderbeck und Mrs. Bilderbeck, Lieut. Col. D. C. Wilson and Mrs. Wilson, day, the 'Bears' seem to carry thoir

harm.

"But in depressed Hongkong to-

The Tulkoo tug was yesterday Mrs. Williamaan, Mrs. D. St. J.

Baxter, Mr.sault too far the persistent despatched from Hongkong to the Baxter and Miss aid of the 8.8, Ouchno, a Chinese- Mrs. G. W. P. Kinum, Mrs. Fording stocks below & 5 per cent. hammering of sound dividend pay. owned cargo steamer flying the bum. Capt. and Mrs. Morris-Jones, return level seems unwise and Portuguese lug, which went ashore Lieut, W. S. A. Clough-Taylor unnecessary and can only be for at Tai Ngan Shun, about forty A,D.C. to the G.O.C.), Lieut. H.

Π

of

miles from Hongkong whilst on a Drury, Capt. J. Jilani and Lieut. the benefit of the few, to the de trip from here to Kwong-chow-wan, A. G. L. Close, and a number of triment of the many.

"Since the local Stock Exchange The vessel, which is owned by Indian Army officers. the Tai Fung a... Co., of, 25 Con- On the arrival of the General introduced a rule forcing their naught Road West, and is of 350 and Mrs. Borrett, the Intter was members to give number

shares sold forward, the tong, was carrying a cargo

bouquet by of presented with ta matches and sundries at the time, ny indian girl.

smashing tactics of the past fow month have been more or leag there being no passengers on board. The master is Captain G. A. Souza,

MRS. BORRETT'S SPEECH abandoned by the 'Bour clique, Tutzing, April 10.

and the Chief Engineer Mr. Gouto..

It is pretty obvious that the real General Ludendorff to-day

Addressing the gathering, Mrs. owner of shares is not a ready celebrated his seventieth birthday

Both are Portuguese. There is a Borrett said: We are gathered seller of his stack on a depressed It is asserted that Japan- cannot crew of 40 Chinese on board. and, wearing his old general's ovade responsibility in this matter.

hero this morning in order that market-olther cash or forward. uniform which he discarded when

The Taikoo tug went to the scene the General Officer Commanding He only sella if compelled by dire Japan's delay in responding to yesterday afternoon and returned at may unveil portraits of Their Im- relieved of his command on the the Intest United States protest night. Western Front in 1918, reviewed against the monopoly until the stranding. Sho left again this and Queen Mary, King and Queen

making

report on the pertal Majesties, King George Vrenson, such as high exchange.

necessity or for some specific. the Imperial Fusiliers, which he very eve of its inauguration, is morning with additional salvage of Great Britain, and King-known that there are very fow "At the moment it is pretty well commanded prior to 1914.

regarded in high eireles Buildings throughout the nation particularly inexplicable, having

The weather in the vicinity of the were beflagged in honour of the the appearance of impertinence as scene of the stranding is said to Empress of Indin, which are being stecks-the baromoter has gone The photographs, which have be bona fide sellers of good local veteran commander, by order of well as being a manoeuvre to pre-be favourable, and it is hoped that (Continued on Page 4.)

too low for that. the Chancellor, ferr Hitler-vent further United States action. the ship will be got off without United Press;

United Press.

much difficulty.

DOLLAR RISES SLIGHTLY

appreciated that just as the visits The Central Bank is offering to BUT NOT FOLLOWING paid to Berlin, Moscow, Warsaw soll U.S. dollars for July at and Prague arose out of the 377/16.

London declaration of February 3, The exchange equalisation rate no these visits, which were to is unchanged.

provide material as to the views Consequently the market has of other Governments, were con- turned extremely dull." nocted with the Stress meeting of U.S. dollars are 37% and Ster- the British, French and Italian |ling 1/63⁄4-—United Press. Governments which will begin on Thursday. In these circume- tances, he could only make a sum marised atatement of what had the Central Magistracy this morning Appearing before Mr. Macfadyen at been" ascertained as to the views in Answer to a summons for allowing

his dog abroad-in Village Road with of other States, and it would not be out a muirlo at 4.56 am on March possible to use the occasion for a 28, C. Lauritsen, of No. 58 Viunge

(Continued on Page 7.).

Road, ground floor, was fined $5.

-SILVER

STOP PRESS

ns gear.

JAPAN'S CONSULS

CONFER

"ELLIS APPEAL

DISMISSED

FORMER HONGKONG BROKER'S CASE

!

LATEST DODGE "The Bear now finds i difcult to dopress the market by forward sales, se it is not easy to obtala the right to usò specific numbers to put in forward contracta Ho therefore resorts to another dodge to naist him in his object. He 'borrowa' shares against cash and contracts or promises to return them to the owner, at some future numbered date-not the same

Tokyo, April 10,- Despatches from Tathoku stai that a. Dulch oil tanker, the Juno, under British charter, has been

SEEK TO IMPROVE

Shanghai, April 10. Despite a rise of 3/8ths in the brought in to Takon under escort

The British Supreme Court TRADE RELATIONS London price of allver, the' omciul of a Japanese destroyer, the

here, Justices A. G. Monson, P. shares, but a similiar number of rats of the Hongkong dollar ad-Shimakaze, on suspicion that the

Shanghai, April 10.

Grant Jones, - who heard the shares in the Company selected. vanced only 1/8th this morning vessel was engaged in capionago. to 25. 04d. The business rate

"Having got the scrip in his It la officially announced that appeal of Fred Ellis, former during yesterday afternoon's ses Hongkong broker yesterday aftor- posacasion, the Bear' promptly remained unchanged at 28. 0.9/10. typhoon on April 7, and took refuge Conference, held at the Jocial Appeal was dismissed.

caught in aalon of the Japanese Consular noon, gave their judgment to day, utilises them to smash down the and 28. 0.5/8d.

'cnah market, In the hope that a Shanghai again remained at 18. In a bay in the Pescadores Islands, Japanese Consulats, practical aug- Ellis was convicted on Febru- general debacle may ensue in silver prices. 64d., being unaffected by the rise in the fortified zone, arousing the gestions for the improvement of ary 21 of selling sweepstake that he may be able to cover his

suspicions of the naval authorities. Sino-Japanese

trade

relations ticketa on behalf of the Country short sales of months ago, atta The advance. in silver: Ja. The Japanese Navy is investigat-wore submitted by various Consuls Club Now Year Sweep. He was profit. He will reap a profit, but London was chiefly due to China Ing the incident. Reuter.

and wore oxbaustively discussed, bound over for a period of three thousands of bona fide : share- and speculators buying, and to

The Conferenco was resumed yeara on two sureties of £25 each. holders. may, be sacrified för bis small offerings.

this morning-Central News,

(Continued on: Pagà 45),

The Juno was

Router,

and