1935-07-02 — Page 1

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FIRST EDITION

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Hongkong Telegraph.

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FOUNDED 1881

No. 1410

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WIDE END TIES

PEACE FORMULA

SCORNED

EDEN REPORTS ON ROME PARLEY

BRITISH OFFER MADE TO AVERT WAR

London, July 1.

Britain's stérile offer to Italy, made in order to

avert what seemed an inevitable clash between Rome

Clyde Pangbourne, noted airman,

months'

and the Ethiopian Empire and to bring about a final who is to pilot the first machine in settlement of the dispute between these two peoples, the trans-Atlantic seroplane service, was described by Mr. Anthony Eden, Minister for to be inaugurated in two League of Nations Affairs, in the House of Commons to-day.

tima.

Mr. Eden was rendering an account of his recent Rival Union visits to Paris and Rome, during which he sought to re- lieve the Continental capitals of any anxiety respecting the Anglo-German naval accord and the trend of future British policy.

The British proposal to Italy, he said, was that Britain should offer to Abyssinia a strip of territory in British Somaliland which would give Abyssinia access to the sea. This proposal was intended to facilitate such territorial or economic concessions by Abyssinia to Italy as might be involved.

It was agreed that Great Britain would ask nothing in the way of concessions In return for this Arrangement except grazing rights for her nomadic tribes in such territory as might be ceded to Italy.

Only the gravity of the situation could justify the concession of British

territory

without

an

BRITAIN WATCHES MONGOLIA

equivalent return, said Mr. Eden, AFFINITY FOR JAPAN and he much regretted that the suggestion did not commend itself

to

the Italian Dictator, Signor Benito Mussolini, who said he was Cunable to accept it as a basis "of the solution to the dispute with Abyssinia

VISIT TO PARIS

Mr. Eden went on to explain that the object of his visit to Paris was to give to France a whole and frank explanation of the Anglo- German naval accord and also to consult with the French Govern- mont's spokesmen as to the best means of proceeding with negotia tions on the matters mentioned in the London communique, drawn by French and English delegates, and Fissued on February 3.

M. Laval, the French Frime Minister, he said, had frankly ex- plained the French view of the

OR RUSSIA?

QUESTIONS IN

COMMONS

London, July 1.

Workers In

TUESDAY,

JULY

2, 1935.

日二初月六

SINGLE COPY 13 CENTS

$40.00 PER ANNUM.

RESTORING MONARCHY

TO GREECE

NEW GOVERNMENT .IN FAVOUR

PROGRESS STEADY

(Spocini to ̈Telegraph”)

the Telegraph. Copyright Trieprashte Seakagen Geitinmner, 201 Rezefred, July 2.7 9.7

Athens, July 1.

The projected restoration of ex- : King George to the throne of Greece was the dominant issue at the formal inauguration of thu National Assembly to-day.

Reuter's correspondent was re- liably informed that before the forthcoming plebiscite on the restor jation issue, Premier Tsaldaris, who opposed the Monarchist party at the elections, will declare himself in favour of the restoration.

Gun Battle deposited the Bill for the Royal

SERIOUS CLASH IN LOUISIANA

TROOPS MAY BE CALLED

Lake Charles, July 1.

In this Louisiana part, labour union rivalry came to a climax to day when two sections of longshore- men contested the right to load a

were Grearms vessel and freely.

used

Eight persons were wounded.

has given The State Governor instractions that the State Militia should be wet f Accessary.— Reuter,

800 ENGAGED

Lake Charles, July 1. hundred longshoremen, Eight members of rival unions, fought The situation in Mungoli was here to-day, and nine were wounded, the subject of questions asked in two of the House of Commons to-day by Press, Major-General Sir Alfred Knox Con., Wycombe), who suggested that,

in view of rumours of a revival of national feeling in the

Theut seriously,--United

LABOUR RELATIONS BOARD Washington, July 1. President Roosevelt issued execu- territory and the chance of Inner tive orders to-day extending the life and Outer Mongolia coming to-of the National Labour Itelations gether, it was vitally important to Hoard until August 1 and continu- discover whether the tendency ofing indefinitely the Steel and Textile the tribal leaders was to join up Relations Boards, all due to expire with Japan or Russia.

to-day--Reuter,

the

Sir Alfred asked whether Sir Samuel Hoare, Foreign Secretary, Anglo-German agreement. It rewould ask for a report from the cognised that Anglo-French colla boration was necessary in many Ambassador at Peiping on

subject. European problems. Necessary

Sir Samuel Houre promised to measures to this end, in which

consider the suggestion, but point- interested, other countries were were being taken, Mr. Eden wented out that conditions in Inter Mongolia were quite distinct from those in Outer Mongolin, they The Same happy conclusion, former area being under the in- except as regards the Abyssinian luence of the Nanking Government problem, resulted from his talks to a much greater extent than the with Signor Mussolini, said Mr. latter. Eden

..on.

LEADERS DIFFER

HOPES FOR BEST

Sir Samuel added that there There was no reason that they should not hope that the best lite were divergencies of opinion be of negotiations for their jointween the leaders in both areas, problems might not shortly be and he would prefer not to draw general inference of the Any Govern- Although the ments of Britain, France and Italy nature indicated by Sir Alfred did not attach the same importance Knox.

According to latest reports, said or urgency to all the various items on the programme, it should be Sir Samuel, the situation in Inner possible, Mr. Edes believed, to Mongolia was generally normal.

found.

agree upon

GERMAN TRADE

SUBSIDY

NO DUMPING UPON WORLD MARKETS

A

(Special to "Telegraph"}

Berlin, July 1. law has been promulgated authorising the Reich Economic Chamber to impose a levy on trade to subaldise German exports,

Herr Brunhilde, an official of the Ministry of Economics, said that Germany did not intend to dump goods on the world's markets, but they would aim at abolishing the

M. George Khallis, son of a former president of the republic,

Family's return to Greek citizen- ship-Reuter Special.

U.S. Bankers Applaud

DRASTIC CHANGES IN BANKING BILL

Ex-King George of Greace, for whose restoration to the Throne negotiations are proceeding satia- factorily.

Trans-Ocean

Air Service

Now Nearer

ATLANTIC SCHEDULE

Clly

ARRANGED

KEYS BREAK RECORD

(Special to "Telegraph")

Tarah, Copyright. Telegraphic Made Ordinance, 1915. Received, July

London, July 1.

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BUDGE DEFEATS BUNNY AUSTIN

EXCITING MATCHES AT WIMBLEDON

HELEN WILLS-MOODY IN NARROW VICTORY

London, July 1.

Donald Budge, young American threat for the Wimbledon crown, to-day advanced to the semi-final round by defeating the Englishman, Bunny Austin, in four stiff sets. Young Budge thus joins the champion. Fred Perry of England, Jack Crawford of Australia. and Baron Gottfried von Cramm of Germany, in the ranks of the mighty. Between these four is the fight for the world's most coveted tennis title..

Budge won to-day in convincing style, even though he lost the first set and although Austin fought him all the way.

The very fact that Austin was playing in such form as to take a substantial lead in the begin- ning made the American's victory the more impressive.

Earlier in the day Perry had won his way to the semi-final by defeating Menzel, the Czecho-Slovakian star, in straight sets. Von Cramm advanced after four sets against the Australian McGrath, Crawford disposed of Sidney Wood, one of America's leading players.

HOLDING COMPANIES

was passed by announers that it has practically PROTECTED

Washington, July 1, Drastically revised from the form in which it the House, but retaining control of The nation's

In credit majority of the Federal Reserve Board, the Banking Bill was

completed its plans for a regular trans-Atlantic aeroplane service.

The first machine is scheduled to from fly in eight weeks' time ported to the Senate Banking Com-Floyd Field. New York, to Liver- pool. I will 1 piloted by Clyde mitter by Senator Glass to-day,

Pangbourne, the noted airman, and Under the revised draft, credit will carry eighteen passengers......

control would be placed in an

As indieative of the rush for Open Market Commitive, composed #seran members of the Federalats on the initial fight, it is stated that over a hundred applications Reserve Board and five representa have already been received. tives of the twelve Reserve banks,

The Belanea Corporation recent- At present twelve Reserve bank goveners form the Open Morkotly established a British subsidiary

company with headquarters Liverpool-Router Special..

Committee.

The new Federal Reserve Board of seven members would be known. as the Board of Governors und would be appointed for a fourteen- year term.

at

27 DAYS IN AIR Meridan (Miss.), July 1. Remaining twenty-seven days in the air, the brothers Fred and Al The Open Market Committee is Keys have beaten the world's un- authorised to initiate policies re-official endurance flying record of garding the buying and selling of 26 days, 23 hours and 28 minutes Government securities, discount established by Dale and Jackson in

reserve requirements; 1930. but, as under the existing law, it would not be mandatory upon the Reserve Banks, contrary to the

rales and

House version.

Under the amendment to the National Banking Law the Na- tional Banks would be permitted to underwrite and acil securitles, with limitations. The banks could not underwrite any one issue by more than twenty per cent. or more than $100,000 of the total, whichever was the larger amount.

RESTRICTIONS

With respect to any more issues, underwriting could not exceed at any time ten per cent, of the banks' capital stocks and ten per cent. of its unimpaired surplus. The bank's aggregate underwrit- ings would not exceed at any time 200 per cent. of its surplus.

No bank or banker under federal

or stale supervision would be subject to the liabilities.imposed

by the Securities Aet. a method whereby Certain changes in the administra. clearing system, at liberating trade negotiations with other countries tion of Charhar Province and the from a fetters and giving money might be undertaken that they disposition of Chinese troops there a stable value.-Reuter Special.

had recently been discussed be-

might unite to contribute to atween the Chinese and Japanese solution of problems..

military leaders in North China,

A stream of questions followed and it was believed that a settle

Mr. Ellen's statement.".

LOYAL TO LEAGUE

Mr. Eden declared that Britain

was not inspired by any egoistical

ment of the question was in sight. -Reater.

motives nor by consideration of JAPANESE FLOODS

her own interests in Africa in making her offer to Italy, but, as ho pointed out to Signor Mussolini, by her membership in the League of Nations upon which British | polley was founded.

NINETY REPORTED

DEAD

Tokyo, July 2.

CORRESPONDENT ATTACKED

(Special to "Telegraph")

New York, July 1. The well-known United Press correspondent, Mr. Henry F. Misoelwitz. is in a critical condi- tion to-day in the Bellevue Hon pital, with a fractured skull.

He was found unconscious on

Mr. George Lansbury, Labour leader, immediately asked Sir

The casualties during the week-the sidewalk, apparently slugged Samuel Hoare, the Foreign Minis end floods in South-West Japan by a footpad and robbed while on tor, what stops the Government are now stated to be ninety doad, his way home. His money and his proposed to take to bring pressure seventeen missing and 900 injured, watch were missing. Unitod

(Continued on Page 7.)

Press.

-Reuter,

Having broken the record, the brothers intend to land to-night.- Reuter Special, -. '.

STABILISATION FUND PROBED

BUT CHAMBERLAIN KEEPS SECRET

(Special to "Telegraph")

London, July 1. The Labour member, Mr. David Mason in the House of Commong to-day moved to require an annual report to the House, respecting the operation of the Exchange

Equalisation Fund.

Mr. Neville Chamberlain, Chan- cellor of the Exchequer, replying, This amendment was received said: "It would benefit only the enthusiastically ini New York speculators and nullify the opera- banking circles where the main tlons of the fund which merely source of worry during the past controls fluctuations in sterling." year has been the diminishing D. R. Grenfell, Labour, charged opportunities for profit. In re that the Fund dangerously inter- uncontrollable world flection, bank stocks which had fered with advanced sharply on Saturday in forecs-Reuter. anticipation of such a measure, held exceptionally firm to-day.—- Renter.

MURPHY TO STAY

Washington, July 1.

ROYAL VISIT TO BRUSSELS

་

ROOSEVELT'S WILL IGNORED

BY HEAVY MAJORITY

་

Budge beni Austin 3-6, 10-8, 0-4. 7-5. His victory over the needed Englishman was something of a sensation since the red-headed Californian is only ranked twentieth in the United States.

Austin collared the first set and had a good lend in the second be

and fore Badge got his stride

iony began stroking beautiful back-hand winners. Serving aces

with and volleying

1 real punch. he ovened the score in the second set at five-all. The games ran. on service until the American broke through at the eighteenth and took The set.

SUPERB EXHIBITION

Budge continued to play superbly and despite, adverse decisions run through Austin's second service to Washington, July 1. lead finally at four-two. Austin re- The House of Representatives covered and overhauled the Ameri- can winning the next three games rejected President Roosevelt's

to bring the

score five-four. request for legislation to abolish Budge, however, turned the score unnecessary holding companies in his favour at the eleventh, mak- not later than 1942 by 216 votes to ing the count six-five, with service 146.

to follow.

This last gume of this sot was There has thus been brought to

three occasions a climax one of the bitterent legis- dramatic. On Intive disputes of recent years, and Budge was at match point. Austin the voting is significant as Indleat-saved himself on the first occasion ing the strength of the President's with a smash and Budge netted the second and third chance, but finally present control of the House.

won out. The House now goes ahead with!

The American killed a shoulder- a modified version of the Utilities high volley in the final set to win Bill, contrary to the wishes of the the match. President.

the

"death

The fight over sentence" provision of the Bill will

WOMEN'S DRAW

The last eight women in the Wim-

be transferred to the conference bledon competition, in order as they committee to adjust the differences will meet in the quarter-final round, between the Senate and the House, are:

The Committee may either reject or retain the provisión.-Reuter.

Invasion Of Paris

GERMAN VETERANS

WELCOMED

Miss Dorothy Round, Britain.

v. Miss Joan Hartigan, Australia; Miss Helen Wills-Moody, U.S.A,, V9. Mme. Mathieu, France;

Miss Jedrzejowaka, Poland, vA, Mias Helen Jacobs, U.S.A.:

Miss K. Stammers, Britain, va, Frau Sperling, Germany. Mrs. Wills-Moody was the sternest struggle by Miss Emmy Cepkova, "the Garbo of the Court, and ally won out by 3-0, 6-4, 6-2.

Riven

WRS

But the Czecho-Slovakian actually led 3-1 in the second set and up- peared upset when, owing to an umpiring muddle, the score (Special to "Telegraph”)

changed three times bofore Mrs. Wills-Moody was given the eighth Paris, July 1. game bringing the score to four-all, For the first time since the Great | After that the Czech seemed to lose.

party War, n

of German ex-heart.

Mmo, Mathieu was all out to Servicemen has arrived here to participate in a conference of ex-beat Mrs. King, 8-6, 3-6, 6-4, and Servicemen with regard to the best Miss Jedrzejowska bent Mrs. means of preventing another war. Whittingstall of Britain, 6-2, 6-2

six-Router. Five British delegates. Americans, a dozen Frenchmen and other representatives of soven belligerents in the Great War are also attending.

BECK FOR BERLIN

London, July 1. The Duke and Duchess of York, who flew to Brussels to-day, drove

Sixty German ex-Servicemen were

Barlin, July The nomination of Mr. Franko arrival to the tomb of King given a civle reception in the Town.

The Pollah Foreign Minister;" Murphy, present Governor of the Albert and deposited a wreath, Hall at Lyons today. The leader,

standing Invitation from Germany, Philippines, às United States High Later they paid a first visit to the in the course of a speech, said they Colonel Beck, has accepted the old M. Harriet, the Mayor, saluted to visit Berlin, and will arrive there Commissioner, there upon the in- Brussels Exhibition, for the open-wanted, peace. auguration of the new P.I. Governing of British Week. Tonight

Reuter. ment, was confirmed by the Senate they attended a Royal Ball. In the the visitors ng utoe Brst swallows on July 3 for a two-day visit

British pavillon-British Wireless of Spring."-Reuler Special. to-day-Router Special.