1935-04-11 — Page 13

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【四拜觀 號一十月四英港香· THURSDAY

APRIL 11, 1935.

日九月三

No. 14662

FRANCO-RUSSIAN PACT RUMOUR

BRITAIN FORCED TO ALTER POLICY

DIPLOMATIC CHESS ON EVE OF CONFERENCE

(By Telegraph. Comright, Telegraphic Meanages Ordinance, 1894. Brecived, April 11, 9,10 am)

:

London, April 10. It is understood that an extraordinary Cabinet meeting was called at No. 10 Downing Street to-day just prior to the departure of the Prime Minister, Mr. Ramsay MacDonald, and the Foreign Minister, Sir John Simon, for the international conference at Stresa. It is believed that it was decided at the last minute to change the British programme for the Stresa talks, due to reports that France and the Soviet were about to enter into a virtual military alliance.

The British representatives would try to switch France towards a merging of the Russian agreement into a broader European security pact or surrounding it with other treaties, to which Germany could adhere.

Prior to this Cabinet conference, j Sir John Simon and lengthy talkai with Mr. Bingham, the American| Ambassador to. London, outlining the situation for President Roose velt's benefit.

The Foreign Minister said that Great Britain would not

engage herself to any new commitments. The Stresa meeting was purely ext ploratory, he poluted out.

STRESA ENVOYS ARRIVE

FRENCH PARTY

WELCOMED

BRITISH ON THE WAY

From the Stress discussions it la hoped that devisions will emerge an to what action the: former War Allies will ask the Lengte Council la take on “Mon- day in connection with France's protest, filed with the League, against Germany's repudiation of the Versailles Trouty; and an what possibility there may be of

(Special to "Telegraph”) -making-na-offer-to-Gecmany which would bring her into

Ifly Telegraph Conright. Telegraph the organised struggle to escape the Mura Ordinance, 1974. danger of war.United Press.

WORLD

AERIAL POLICE

FRENCH SUGGESTION

DISCUSSED

LITTLE HOPE OF SUCCESS

London, Apr.' 10. The Dominions Secretary, Mr. J. H. Thomas, was asked in Parlia

24, 2016 at

Received, April

Stresa, April 10, The statesmen of three nations are converging upon this beautiful lake resort in preparation for the opening of the three-day confer ence to-morrow in the historic Isolabolin Castle, overlooking Lake Maggiore.

The programme of the confer ence, worked out by Italy, consists, firstly, of an exchange of views on Germany's violation of the Ver sailles Treaty and, second, the formulation of a policy for future united action.

ON THE WAY.

ASSURING AMERICAN NEUTRALITY

ROOSEVELT FAVOURS NYE-CLARK BILLS

WHITE HOUSE CONFERENCE ·

Washington, April 10.

America's polley of strict neutrality, almed at keeping the United States out of entanglements and foreign wars, was discussed at a meeting of President Roosevelt and Mr. Cordell full, the Secretary of State, at the White House to- day.

According to well-informed quar- ters, President Roosevelt favours the resolutions Introduced by

Senators Nye and Clark, of the Souhte Munitions Committee,

These resolutions would involve a virtual embargo on loans by America, either by the Government or private individuals, to belliger- ent nations for the purpose of puṛ- chasing munitions or other con- traband, and would also empower

the President to refuse passports to Americans seeking to enter the war areas.-Reuter.

No More Aid For Farmers

SUGAR BEETS WON'T PAY GROWERS

(Special to "Telegrap"?

London, April 10, The report of the Commission of Enquiry into the British sugar hert industry, launched under Government ausplees in 1921 and continuing for the past ten years, was made public to-day.

The lovely actress, Emmi Sonneman, and General Hermann Goering, who were married to-day in Berlin. Enthusiastle crowds

cheerad them along the streets, and Horr Hitler and all the Cabinet attended the wedding, at which Reishiblahop Mueller afficiated.

CONTROL OF ARMS TRAFFIC

NATIONS NEARER

AGREEMENT

JAPAN JOINS MINORITY

Goering Weds In Blaze Of ·

Golden Light

WHOLE CABINET AT CEREMONY

REICHSBISHOP OFFICIATES

(Special to "Telegraph")

Ordinance, 1871. Bereited. April Tricornpk, Copyright. Teleamukle

Genova, April 10. The Disarmantent Commission," dealing with the control of the international arms trafic, hus mude excellent progress, according . 9 .m.) to a communique issued following cussions of its membership. the recent deliberations and dis-

$36.00 PER ANNUM.

AMERICA RAISES SILVER PRICE

----

ACTIVE TRADING IN WORLD MARKETS

CHALLENGE OFFERED BY

TREASURY

· (SPECIAL TO “TELEGRAPH”)

New York, April 10.

Starting with quotation of silver at 64% cents an ounce by a firm of bullion brokers, the silver market to-day became infected with optimism and heavy transactions ensued in Montreal and London. The result was that the American Treasury advanced the price to be paid by the Mint for native silver to 71 cents)

an ounce.

Mr. Henry Morgenthau, Secretary of the U.S. Treasury, declared when he had fixed the new price, that the United States would meet any advance in world silver values This is taken to be a challenge, especially to the Gold Bloc nations.

Silver, at the 71 cent level, has thus almost trebled in price since President Roosevelt's inauguration, whẹn the price was approximately 25.5 cents an ounce.

VIGOROUS POLICY EXPECTED

U.S. WILL PURCHASE

MORE SILVER ·

PRICE ADVANCE -TO-CONTINUE.

Washington, April 11.

Messrs. Handy and Harmon quoted silver at 64% per ounce und a lively market developed with prices higher than the old fixed official price. At 1 p.m. 64% was | bid and 64% offered.

Ex-

On the Montreal · Silver change prices were 1% to 1% rents higher. Business announted to 1,670,000 ounces, which is a new high record.

The advances in world sliver

prices prompted a conference of

Freastery ofleints In Washington late to-day and there were in- dications that the price would be boosted over 64 cents. An oficial statement regarding the immediate silver programme ia expected-shortly:

INTERNETINIANAK PONTEAREKIKOTARPITSAKINGALERIETATIKA

The Hongkong dollar advanced a further 3/8ths this afternoon to 2s. Id. The business rate was 25. Id. and 25. 1.5/16d. The rise in Bombay silver prices is considered a factor in the increase.

Berlin. April 10.

·Golden spotlights, directed upon 3122 altar decorated with ever.

In official circles, the increase in The Commission cannot recom The most satisfactory feature greens and huge lanks of azaleas,

the Treasury's silver price is inter- mend continuance of financial of its activities has been the de-shed à romantic radiance from all

preted to mean that the United assistance, amounting to several claration by the Japanese delegate, parts of the Cathedral, when States will set out on an even more millions sterling nununily, to an associating Amself with the General Hermann Goering, Premier Industry which has no reasonable minority report, which was com- of Prussin and Reichsminister for vigorous policy than was indicated when the price was fixed at 64% prospects of

to the ever being self-posed, for the most part, by Great Alr, was married to-day supporting.

Britain, Italy, and Poland. Thus lovely stage star,

Frau Emmi cents.

The opinion is generally express- the Japanese delegato abandoned Sonnemann. Production of a sugar beet crop the attitude of complete detach- without assistance, at the present ment which had threatened to many, and all his Ministers, were continue un aggressive policy in Herr Hitler, Chancellor, of Ger-ed that this move by the Treasury indicates that the Government will price of sugar, would be practical-nullify the work of the

Com sented in the front row of the amassing silver reserves, while itİKİNC Jy valueless, it is held.

mission, as the Soviet's acquiesc Cathedral.

is also pointed out that the in- As Germany's famous figures crease brings the Administration a entered, the congregation rose and grave the Hitler salute, and there step nearer le what may eventual-Ilouse, the Secretary

ly prove a boosting of the silver Treasury, Mr. Henry Morgenthau. would be cries of "Hei!!" as some particularly popular person arrived, price to the monetary value of said that the Treasury's price for silver from domestic producers General Goering was dressed in $1.29 an ounce.

Most silver experts are of the would meet the world price if it the uniform of the Air Force, which he commands, and his bride, opinion that the immediate effect rises above 044 cerita.

will probably be a continuation of white-gowned, carried a red bon the advance in the world price. Roosevelt had asked the Treasury Earlier in the day President

Some observers professed to be-what would happen if silver ex- Relchsbishop Mueller officiated at

lieve that the Administration's ac- coeded 84 cents per ounce, and the ceremony, rending from Firsttion is at least partly induced by said that the producers would get Corinthians, verses one to eight,

pressure from members of the all-more for it regardless of where and thirteen.

ver States in Congress.--Renter. i was sold..

The Commission reports that between 1924, when the subsidy was started, and 1934, the Govern ment had subsidised the industry to the extent of £40,000,000. How- The French and Italian delega-ever, in 1933, home grown sugar tions

conference are amounted to 420,000 tons out of arriving to-night and the Britial total consumption of 2,000,000. will be here to-morrow. Signor Mussolint was the first to arrive piloting his own seaplane and landing on the lake.

the to

Nearly all the sugar used in households or for manufacturing purchases was ulther produced in Britain or had to pass through ment whether any of the Dominions Signor Mussolini, Signor Fulvio here. Half the imports of 1.500,- The delegates will Include à Anal process of manufacture had at any time been consulted

Minister of Foreign 000 tons of raw sugar annually regarding the Freuch proposal of Suvich.

Ramsay come from parts of the Empire, March, 1933, for an international Affairs for Italy, Mr. aerial police force for the purpose MacDonald, Sir John Simon, Sir Robert Vansittart, M. Flandia.

craft.

PUTS MEN TO WORK

SIR WM. PEEL FUND

The S. C. M. Post, and Hongkong Telegraph "have received the following addi- tional donation to the Sir ! William Paal Fund for the Protection of Children: Anonymous..... $75.00.

ence

depended entirely upon

of preventing misuse of civic air-French Premier, M. Laval, French

The beneficial effect of the Japan's stand Foreign Minister, and M. Alexis He said that throughout the Leger, Diructor of Political and subsidy on agricultural employ- The report of the Commission is course of the Disarmament Con- Commercial Affairs, says United was shown by the fact that expected to be made public in a Terence there been constant con-Press.

in 1934 13,000 workers were en-few days. anged in the industry, while rail- sultations with representatives of Reuter adds that M. Flandin and ways and road transport carried the Dominions on all aspects of the M. Laval arrived le Stresa

tons 2 thirty million

of problem involved. So far as he 10.30 o'clock and were cordially freight. was aware. no Dominion Govern-welcomed by Signor Mussolini, a

.

ment had made any official pro-band at the station playing the tbsidy on financial, economic and of supervision on the spot, La the

FLIGHT TO PARIS

noucement on this particular pro- Marseillaise. posal, but there had been publish- -ed from, time, to time statements of Dominion representatives In- dicating dissent from a conception of the League of Nations as an organisation with an armed force

em-

It is anticipated that the Coni- extra mission will adopt a modified con- vention to control traffic In and manufacture of arms, but instead The Commission criticises the agricultural grounds and

United States proposed to regulate · phasised the

danger to agricul the trade, control, will be centred

at Geneva.-Router. ture of the maintenance of the London, April 10. Hugar Industry by artificial The Prime Minister, Mr. Mac-methods. The majority report Donald and Sir John Simon, flew was signed by two members. The In a two-engined service aeroplane minority report recommended that from Hendon to Le Bourget, Paris, the subsidy be continued and cer- Answering a supplementary ques-this afternoon. There they joined lain reforms be carried out,- tion, Mr. Thomas cited, as the Sir Robert Vansittart, Permanent Reuter Special. pronouncement of one of the Under Secretary for Foreign Dominion representatives, General Affairs, and other members of the

of its own.

Smuts, in which he said: "If an British delegation to the Stresa plane but a good journey was attempt were made now to trans-Conference, who had travelled by | made. form into a military machine the train and boat,

quet.

In his brief sermon he said: new Germany's national unity."

This marriage is a symbol of the

The pair drove off in an open car, decorated with white and pink car- nations.-Reuter Special,

REDS AGAIN ATTACK

ASSISTING CHINA

EXPORT TRADE

After the conference at the White of the

It is understood, that the Mint' officiala haye prepared to take any

steps necessary for payment of the higher price which, It is in- dicated by the most recent market trends, is imminent.

Exports anticipate a higher pay- ent to producers through a re- duction in the seigniorage charge. Responsible circles ridicule the posability of the silver dollar being devalued the same as the Igold dollar,

TRANSIT DUTIES TO BE ABOLISHED

Nanking, Apr. 10, The Ministry of Finance has submitted recommendations to the Executive Yuan for the abolition of, MEETING WORLD PRICE transit duties, as a means to en-; courage.export trade..

Following a conference with

KWEIYANG LINES HOLD FIRM

It is learned that the Executive President Franklin D. Roosevelt, Canton, April 11. Yuan is prepared to approve this Mr. Henry Morgenthau, Secretary Henvy fighting broke out to-day, Augestion, but the date for giving of the Treasury, to-day announced. STOP PRESS the fill of the Goddes, uf Mercy: effect to the abolition will not be that the United States would meet about 20 miles from Kweiyang, axed until further consideration any price of silver set in the.

world markets. the Reds launched a fresh attack has been taken.-Central News. on the Government defence lines there.

Paris, Apr. 11. Edward Bornhuber was arrested The Government troops are be to-day, charged with attempting to lieved to be maintaining their ascertain details of possible French positions and there is no imme- military agreements, especially any diate danger to Kwaiyang, whose League of Nations, to carry on war The British Ministers had re- Before leaving the Prime Minis pact with Austria.! He was also fortifications should defy any Red for preventing or ending war, Imained in London this morning to ter said: "We are starting on our charged with fomenting a French offensive. think its fate is sealed. I cannot attend the weekly Cabinet meeting mission of international goodwill, Royalist coup. He is allegedly General Chiang Kai-shek is re- conceive the Dominions remaining and at its conclusion they provved co-operation, united security and director of German espionage in In such a League, and if the ed at once to the aerodromo. A peaco. I hope with all my heart France.-United Press.

maining in Kwolyang, to direct Dominions leave it, Great Britain south-west gale, registering 55 that we shall be successful. We

operations and this morning per zonally inspected the defence system of the suburba.—Reuter,

le bound to follow."British Wire- miles per hour, was blowing when shall certainly try to be."

they took their places in the boro-British Wireless.

AQUITANIA GOES AGROUND

The world price of silver is at: present in the neighbourhood of G4.5 cents an ounce. Should any further increase in the price occur, the United States would 'London. April 10.

boost its price to that level. White Star liner Aquitania, which announcement,"

During a gale, the Cunard- Prior to Mr. Morgenthau's President Roose- this afternoon on her return from clined to comment on the agita- was due to dock at Southampton velt, at a press conference, do-

a Mediterranean cruise made from tion for new silver legislation, New York, grounded at the en- observing merely that if the trance to Southampton Waterworld price exceeds: 04.5 cante, Dritish Wireless:

(Continued onPage(7.),

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