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四拜禮 二月八英港香 THURSDAY, AUGUST 22, 1935.
日四廿月七
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AMMUR
WAR FEVER LIKE THAT OF 1914 IN EUROPE
ABYSSINIA'S FULL Britain's
MOBILISATION
IS BRITAIN READY FOR EMERGENCY?
NAVY ALLEGEDLY SAYS "NO" TO QUERY
(SPECIAL TO "TELEGRAPH")
(By Telegraph. Copyright, Telegraphic Messages Ordinance. 1894. Received, Aug. 22. 11 0.m.)
London, August 21.
The Daily Mail's correspondent in Addis Ababa writes that Emperor Selassie has ordered general mobilisation, following a conference of tribal chieftains, although no official announcement has been made.
[
Policy In
The Making
NATION'S LEADERS IN CONSULTATION
FIRM BACKING FOR LEAGUE?
London, Aug. 21.
An emergency meeting of the Ministers of the British Govern- mont, presided over by the Prime Minister, Mr. Stanley Baldwin, was held at 6 p.m. to-day. Sir Samuel Hoare, tho Foreign Minister, Mr. Anthony Eden, the Minister for League Affairs, Mr. Malcolm Mac- Neville Chamberlain, Chancellor of Donald, Colonial Secretary, Mr.
the Exchequer, and Sir John Simon, Home Secretary, were present.
"To-morrow's Cabinet meeting is
called for 10 o'clock, the unusual hour indicating a prolonged dis-
сивятоп.
Expansion
Of Credit
Anticipated
AVOIDING CURRENCY
INFLATION
ROOSEVELT'S ' POLICY
(Special to "Telegraph")
Washington, August 21. Commenting
the current events in Congress, the United Press Correspondest in Washing- ton, Mr. Lyle Wilson, says that the bellef that Senator Carter Glass has side-tracked the New Deal Central Bank Bill and forced an adoption of a measure perpetuating the Fedoral Reserve Act of 1914, is entirely misleading.
The present Bill which is now awaiting the President's signature, is decidedly a Now Deal measure and establishes an unprecedented political control of banking. Sup- If the report is true it indicates that the Emperor of British policy will not be Minister, who has interrupted his lleve that credit expansion, and con- Mr. Stanley Baldwin, Prime porters of the New Deal firmly bes regards the failure of the Paris conference as meaning eision on general principles holiday on the Continent to preside sequently improved business, will that war with Italy is inevitable.
It is believed that the full detalla
elaborated to-morrow. but a de-
expected.
The Cabinet is believed to be
Meanwhile, in London, the Foreign Affairs Com-divided on the issue of sanctions mittee of the Cabinet was meeting at Downing Street against Italy, those favouring this und after an hour and fifty-five minutes of conversation step believing they can be imposed the leaders departed grim-faced.
It is learned that Great Britain is endeavouring avert not only an Italo-Ethiopian war, but a war Europe, which daily becomes a great threat.
No hope la hold that the League will succeed where the tri-power conference failed to divert Musнo- lin from the road which leads to war. A war fever like that in 1914 is in the air.
The former Prime Minister, Mr. Ramsay MacDonald, has issued a grave warning statement; ...
"I regard the situation as the most serious faced since 1914,"- he nays.
J
CANNOT PREDICT
The extent to which Great Britain is prepared to go to pre-! vent a war between Italy and Abyssinin cannot be predicted. pending the full Cabinet meeting te-morrow, although the air in fulti of rumours.
without involving the graveat of consequences, and the others hold-
in
ut the emergency Cabinet meetingsresult from the Bill and thus check connection with the Halo-the activities of the currency blocs
Abyssinian crisis,
who are now attempting to force Congress to adopt printing press money.
FORCING
tong that Britain's effort should b in to Africa,
confined to restricting the conflict TAXATION
It ia understood that an emergency meeting of the Minis- tera comprising the Foreign Affairs Committee, after hearing
SANCTIONS Mr. Eden's report to-day on the
MAY BE ENFORCED
BRITAIN EXPECTED TO TAKE LEAD
Paris tri-power conversations and Sir Samuel Hoare's viewà thereon. will decide what policy it should the Cabinet to- recommend to murrow.
Sir Samuel Hoare and Mr. Eden, also conferred to-day with Mr. Winston Churchill and the Labour Opposition leader. Mr. George Lansbury.
POLICY RECOMMENDED
It is understood that s
#
REPEAL
MCCARRAN SILVER AMENDMENT
·ROOSEVELT'S STRATEGY
(Special to "Telegraph"),
Washington, Aug. 21.
Whereas the inflationist's theory is that the doliar should be cheapon- ed by printing more money, the New Deal expects that the Bank Bill will cheapen the dollar by ox- panding the use of credit.
It frequently has been demon- strated that credit expansion is a very effective means of boosting business, particularly prior to the 1929 dobacle. In order to stimulate credit expansion. instead of cur rency expansion the Bank Bill eliminates the Federal Reserve re- quirement of collateral discounted by Federal Reserve Banks of limit- ed character maturing in ninety days. Secondly, the Bil CH- courages member bunks to lend, on real estate security.
HUGE LOAN TOTAL: Supporters of the Bill believe
KOWLOON WHARF DEVELOPMENT
INDICATES FAITH IN FUTURE
EXTENSIVE BUILDING
PROCEEDING
Taking an optimistic view of the future, the Hong- kong and Kowloon Wharf and Godown Co., Ltd., has embarked on a scheme of expansion in order to cater to the growing needs of the port, and at the same time is/ instituting new arrangements for the convenience and comfort of people awaiting the arrival of ships.
A big shelter in the middle of the pier will enable the more convenient and expeditious landing of pas- sengers' baggage, while the annoyance caused by moor- ing ropes across the wharf will be eliminated.
Special arrangements are also to be made for people arriving or departing by launch, while the wharf is to be flood-lighted from towers on the wharf and from the Praya.
CATHOLIC
BISHOPS CONFER
PRIVATE SESSION IN BAVARIA
Last -year, the Company lengthened No. 2 wharf from 570 ft. to 725 ft., and this year great improvements have been carried out on No. 1 wharf which has been longthened to 750 feet in order to provide adequate berth accommodation for the bigger ships now calling at this port,
To overcome congestion on the wharf, especially when two vessels are alongside, the width has been Increased from 51 fout to 81 foct. This widening will obviate the | crossing of truck rails by passen- Each gers using the gangwnys. berth will be served by four in- |dependent gangwaya with access near the centre of the wharf. clear of all cargo trucks.
PUBLIC SHELTER
A further convenience for the
PROBLEM IN GERMANY
Berlin, Aug. 21. Attended by twenty-eight Car- New threats of a silver filibuster | that $10,000,000,000 will be leat dinals, Archbishops and Bishops, result of the meeting to-day of the developed to-day when Senator to the Home Construction industry the annual conference of Catholic Foreign Affairs Committee of the Elmer Thomas, Oklahoma De- from members' banks deposits. Bishops held its meeting privately public awaiting the arrival of Cabinet, that policy has been mocrat, announced that he and Admitting the possibility of nt Sulda, in Bavaria, under the ships is a shelter 220 feet long in decided upon for recommendation several others would speak ex-restrictions on loans by Federal presidency of Cardinal Bertram of the middle of the pier. There is to the full Cabinet meeting to-tensively during the present ses-Reserve Banks to members, this, Breslau. to consider problems ample space in the shelter for The Times to-day says that the morrow, The
opens the chances of affecting the Catholic Church in landing and sorting passengers' sion "unless we secure an agree they say, United Press that the preparations Government and the Nation muat will be that Britain should star 1 ment that the Senate will take up credit expansion. The reorganisa- Germany, including the Reich Law baggage. As baggage
recommendation of the British leaders envisage the face the questions: What sanc-firmly by her obligations under and pass the McCarran Amend-tion of the Federal Reserve Board of June 20, 1993, introducing landed for the passengers, there possibility of League sanctions ions are they prepared to carry the League of Nations Covenant.
One foreign Embassy told the
ninst Italy, and even British armed intervention.
GRAVE ISSUE FACED
London, Aug. 22.
committed?
[ngrees to this step. face a grave emergency in the lead in the Saar plebiscite men-emphatically inclined towards the
After referring to the British
It is believed that France is Mediterranean. Amazingly, the! reply was sold to have been "No."sures, the Times continues; "In
(Continued on Page 4)
ment."
ance.
annoy-
Arrangements are also to be
will bu
gives President Roosevelt a positive sterilisation for hereditary affile- will be no necessity for coolies to out if the League Council
The McCarran Amendment re- although indirect control over bank- tions,
rush the gangways in their cager- on The decision implies the use of quires the repeal of the Afty per ing credit. The appointment of This Embassy understands the September 4 or at a later date de-sanctions against Italy
carry $18 & inst Cabinet recently asked the Ad. cldes an act of aggression has been resort if the League
cent. tax on silver transactions in the Treasury and the Department signing of the Concordat with the has caused considerable
The Law was passed before thenes to get on board to
packages unhoro, which hitherto Council America.-United Press.
of Commerce is merely a gesture, miralty whether it was prepared to
since the President is authorised to Vatican, and conflicts with, the name the entire new Board on
Catholic Faith. February 1, 1936, and naturally be The conference hopes that made to eliminate the presont will appoint men sympathetic with
compromise may eventually be inconvenience caused by mooring New Deal Banking theories reached on this matter.
Topes crossing the full width of United Press.
Other subjects being discumed the wharf. The centre of the are the future of the Catholic wharf will be left clear of all Youth Organisation, recently for- ropes and other obstruction The bidden by the Government; cur- passenger entrance from the Praya rency smuggling by Catholic will be built up to the truck rail priests; and resistance to the civil level, thus providing a smooth authorities by priests.
approach. Thousands of Catholics from ali
the present case, graver issues aro ALTERED SITUATION at stuke and here are far greater risks to be faced. There are also Naval experts have said that some valid arguments for a policy British policy heretofore had been of abstention but the conscience! conceived on a basis of co-opera- of this country has been touched tion with Italy, and the possibility The League has now to show of having to close the Suez Canal that it is not afraid of Mussolini.
to Mussolini's transports and de- It will do so if Britain takes the
fend auch action, has upset all previous calculations.
lead and makes definite proposals
at the Geneva meeting.
The majority of the diplomats in London believe that the Cabinet be taken is not
"The nature of any sanetious to| matter for
"
Foreigner
Convicted
In Hankow
REFUSED
will reject any thought of armed immediate decision, but the sooner FRENCH PROTECTION opposition to Mussolini, due to the it is considered by all countries, fact that the Empire's welfare at the more likely are the sanctiona the present time is best served by to be effective if the peace. Britain is expected to con- necessity contrate upon localising the con- arises."-Reuter. fict to Africa,' it is expected.-
United Press,
DOWN WITH MUSSOLINI
Paris. Aug. 21. Shouting "Down with Mussolini"
a amall group of French colonial negroas paraded the streets of the elty to-day as a gesture sympathy towards Abyssinia,
of
The police dispersed the crowd and the loadora were arrested.- United Press.
FINE WEATHER
for
their
grave application
BOMBAY SILVER TENSION
ESPIONAGE
CHARGE
Hankow, Aug. 21.
Joseph Waldon and six Chinese accomplices, including a woman, have been found guilty on a charge
Placating silver bLOC.
Washington, Aug. 21. It is authoritatively learned here to-day that the Senate leaders intend to permit the passage of the McCarran Amondment withi the distinct understanding that the House of Representativca will not act upon it.
The Senate's passage of the Bill, therefore, is likely to be only a gesture to the silver bloc in the Senate, without meaning the ro- peal of any section of the Silver Purchase Act.
Also it is understood that the Allbuster threats by Senator Thomas and other members of the Silver Bloc have been motivated aimply by the leaders' decision.- United Press,
STOP PRESS
London, Aug. 22.
of espionage by the Hupah High The City Editor of the News Court.
nounced next week.-Reuter,
Chronicle understands that one of the "Big Fivo" banks has recalled
Twenty Men
Feared Dead
In Cave-In parts of Germany have arrived
BERLIN TUNNEL
DISASTER
UNDUE HASTE ́
ALLEGED
(Special to "Telegraph”)
Berlin, Aug. 21.
It is officially admitted that
Conalderation for these arriving
to witness the gathering of the or departing by launch has not Bishops and to pray at the grave been overlooked. Three fights of of St. Boniface for succour of the steps are being provided from the wide fonder to the wharf deck at church.-Reuter.
the sea end, the centre ftight bo- Ing extra wide. Portable plat- forms are available to enable passengers to reach the fender from launches at low tide.
STAMP TAX ON FOREIGNERS
CHINESE GOVERNMENT MAKES APPEAL
Nanking, Aug. 22.
FLOOD LIGHTING
The wharf will be flood-lighted from four towers on the wharf.
and from the Praya.
The reconstruction should be completed and the wharf ready to
In consequence of many foreign berth ships by 1st September. residents in China refusing to No. 1 wharf is the nearost one
COURSE OF ACTION
NOT DECIDED ON Their sentences will be 14-12- the whole of its Italian credita. twenty workmen are missing in
Bombay, Aug. 22. Waldon, when he was arrested He adds that as credits not utilis- the Brandenberg Gate disaster.
A gang of eighty men is work pay the Stamp Tax as provided in to the ferry and is therefore the The situation regarding allver in Shanghai, claimed he was a ed mature, they will not be renow- la still tense. The Bullion Ex-Frenchman, but since that time od and must be repaid by the ing in the great pit in shifts, Chinese law on the ground that it most popular with Shipping Com change Board held meeting the French authorities have in- Italian banks or the commercial attempting to recover the missing is not provided for in treaties, the panics. The Company has ton rostore normal condi. Ministry of Finance has roquested berths at. Kowloon now. No. 5 yesterday, but was unable to de vestigated him and found his firms for which they have been men and
the Ministry for Foreign Affairs wharf, which is 800 foot long, A weak anticyclone covers the cide as to what course of action claim. unsupported. He is charged, granted. It is probable that this tions,
Meanwhile, sixteen miners are to enter into negotiation with for- accommodated the Empress of Pacific to the south of Japan and to be taken to overcome the ques-in Hupeh, with having assisted in load will be followed by all the pressure in moderately high over tion of prices, as the affairs of the dissemination of Communist other big British banks. The defying from the Ruhr with special olgn embassies and legations re-Britain when on her world tour
early this year. North China. The Pacifle de the Raichand Motichand Company, propaganda.
cision is not due to 'dictation from salvago apparatus to assist in the garding the matter.
The Ministry of Finance TO- pression is situated about 250 a prominent operator, are still a The trial has been long delayed, the Bank of England or the Trea-rescue work.
Workmen allege that construc- quests that foreign residents in. It may also be mentioned that miles to the east of North Luzon, matter of Judicial proceedings. pending the settlement of the Bury but' is a normal precautionary moving N.W... The 'depression The Board is meating again to- argument over Waldon's national measure which is taken in view tion of the underground rallway China be instructed by their ro- dredging operations between the represent-wharves have been carried out near Saipan is stationary and has day after the Rafthand Motichand ty, which has been compilcated of the serious deterioration which was being unduly hurried with a spective diplomatic increased in intensity. Local fore- Company's application to the High by the fact that he speaks English, has occurred in the Italian ex-view to completing it as the show atives to abide by the Stamp Tax during the past few months, leav cast: Westerly winds, light to Court requesting an annulment of German. French And Russian change position.-- Reuter.
plece of next year's Olymple laws which will go into effect onjing a depth of 34 feet of water at Games,——Beuter. Special.. September 1Central News. How tide. moderate; fine.”
[equally well.
adjudication-Reuter.
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