1
MASTER SIX COACH
The
Lighting US TI High Water :--21.25.`
Water:--22.45,
6.49
U.S.$835 Thongkong Telegraph.
FAR EAST MOTORS
CHEVROLET
WHITEAWAY'S FINAL SALE WEEK EXCEPTIONAL
BARGAINS
To be found on
Page 3 Whiteaway-Laidlaw & Co., Ltd
26 Nathan Road, Kowloon, Telephone 59101.
FOUNDED 1831
No.14804
六拜禮 四廿月八英港香
SATURDAY, AUGUST 24,
1935.
SINGLE COPK 16 CENTE 日六廿月七
134,00 PER ANNUM
BRITAIN MASSING FLEET IN MEDITERRANEAN
EMPIRE DEFENCE
MEASURES
FULL POWERS FOR COMMITTEE
ITALY RUSHING MORE MEN TO AFRICA
London, Aug. 23.
It is learned that the British Cabinet Imperial Defence Council, presided over by the former Prime Minister, Mr. Ramsay MacDonald, has approved the acceleration of redistribution and reinforcement of
military forces in territories adjacent to Ethiopia and
elsewhere in Africa.
The Royal Air Force has received full instructions: of the course to be adopted in the event of serious trouble, while the Admiralty has been instructed to hasten the massing of the strongest British naval forces in the Mediterranean ever assembled there.
The headquarters of this powerful fighting force will be at Malta, which is less than 100 miles from Cicily, and which is strongly defended. The force for the Malta base will include five battleships, several battle: cruisers, and a large number of smaller vessels.
London, Aug. 23.
The Imperial Defence Committee of the Cabinet, prosided over by Mr. Ramsay MacDonald, Lord Pre- sident of the Council, and attended by Sir Samuel Hoare, Foreign Minister, Sir Bolton Eyres-Mönsell, First Lord of the Admiralty, Lord Halifax, Secretary for War, met al Downing Street to-day, apparently to discuss naval, military and aerial preparations for the safe- guarding of the Empire
event of an emergeney,
In
It is learned that the Cabinet bra delegated full powers to this Committee to act during any enwergency.-United Press.
NO FURTHER meetingS
London, Aug. 28.
It is understood that the meet- ing of Ministers this morning was
MUSSOLINI EXPLAINS POLICIES
CANNOT TOLERATE
INTERFERENCE
MARCHING TO DESTINY
(Special to "Telegraph")
Abyssinian reserviste era burn showa 'balog trained in the use of modern firearms. In the foreground is a
machine-gunner with one of the 1,500 weapons said to have houn imported from Europe recently,
American
Neutrality
Protected
¦ MANDATORY ARMS
EMBARGO
AGREEMENT IN CONGRESS
Washington, Aug, 20, The House of Representatives į to-day
Passed the mandatory Neutrality Bill.
non-
GERMANY FLOATING BIG LOAN
TO MEET CÓMING CRISIS
PREDICTED
BY SCHACHT
Berlin. Aug. 23.
It wan in order to task" the Reich
control in
SILVER FLUTTER UPWARDS
HONGKONG DOLLAR
ADVANCES
AMERICA, INDIA AND CHINA BUYERS
With silver up both in London and New York, the Hongkong dollar rose a halfpenny this morning, the `. official rate being 23. Od. The business rates were 2s 0d. sellers and 23. 0%d. buyers, the market being firm.
Abolition Of
Naval Ratios
Japan's Urge quief, India working both ways.
London silver rose 7/16ths spot and 9/16ths for- ward. America, India and China all bought, offerings being small and the market quiet. Reuter reports that after the official fixing, the market remained generally
REPLY TO BRITISH NOTE SENT
CONFERENCE PLANS
Tokyo, Aug. 21. announced to-day that
The Japanese Government has Parry through 1 cabled to the London Embassy in
Government is
reply to the British proposal for a naval conference in London In October.
In New York, silver rose 3/8ths to 6544.
DEFENDS COTTON SUBSIDY
GIVES OUTLET FOR EXPORTS
VALUABLE MEASURE
SHANGHAI MARKET
Shanghai, Aug, 24. The foreign exchange market is steady but inclined to the wenk side this morning.
Trading is very dull with speculu- tors buying in small amounts,
Chinese banks are inactive.-- United Press.
U.S. SILVER FINANCING
London, Aug. 2. Foreign exchange experts here assert that the United States is financing its silver purchases in London with sterling borrowed from the Bank of England, which has been secured by gold ear- marked at New York for the Bank of England.
U.S. SILVER IMPORTS
Washington, Aug. 23. Imports of silver into the United States for the week ended August 16 amountd to $4,734,351.
were
Of this total $1,892,343 from the United Kingdom and $1,621,596--From-Mexion---Vuited- PTERO.
The Bill is virtually identical offering to the public during the with that passed by the Senate, first fortnight of September honds which is expected to accept the to the value of 500,000,000 Reichs- Representatives". amendments.
marks at 9844-bearing four and aj.......... The reply, takes the form of obej While the mandatory
servations on the British Note to hal per cent, interest.
the signatory Powers of the
Washington, Aug. 23, discretionary embargo upon arma This is the first step of and munitions shipments to belli-i
the Washington and London Treaties, Mr. Chester C. Davlaj A.A.A.
It is pointed out that the strength gerents expires February 29, 1996, Government to meet the financial and press reports say the observa- Administrator, vigorously defend of the United States dollar supports the establishment of a licensing crisis forencen by Dr. Hjalmar tions re-state the position which ing the Government's plan to lend this theory.-United Press, ¡system for the manufacture and Schacht, who, 14 Misister of apan has already taken up, name-nine cents and guarantee by export of arms and munitions un-Economy is sucking unification ofy, a willingness to participate in direct grants a total of twelve der the supervision of a Board of
a now conference, but insistence cents to producers participating The economic sphere. on its own principles of naval dis-in the cotton control programme, | Cabinet officers is to be permanent.
and who may become a
sort of armament, parity for Japan, a predicted the first. billion dollar The Bill also makes it impossible financial dictator, answerable anly common upper limit for fonnage, crop since 1929, as prices in the for belligerents' warships to use to Chancellor Adolf Hitler..
and the abolition of the system of major markets dropped sharply in In connection with the Italo-
the Hy Telegraph, Copyright, Telegraphic Mea. American ports and denies Abyssinian situation, and
naval ratios.--Reuter.
response to the loan announce WOH siger Ordinance. 1994. Ererived, Augstprotection of the United Slates The bonds, it is announced, will purely for the purpose of clearing **** ศ.พ.
Government to American citizens mature in
Renter recently reported that ment... up matters left over from yester-
ten years' time, but travelling o11
Britain had sent a note to Japan; belligerents* day's meeting. No other meeting
Mr. Davis added that the Gov- twenty per cent. of the issue will sounding that nation upon the ernment policy not only promises. LONDON MARKETS in planned at present.-Reuter.
be redeemed yearly from 1941. possibility of calling a conference the best cotton Income which the in October. It has been intimated South has enjoyed for years, but
London, Aug. 23. A further 500,000,000 relchs- In some quarters that Japan sees also means an enlarged outlet for Business on the Stock Exchange marks issue will be taken up no object in calling auch n confer exports, which is most important to-day failed to broaden owing to entirely by the country's savings ence when it is very apparent that to the cotton industry.
conclusion of the fortnightly ac banks.
no agreement can be obtained with
Earlier, Senator Byrnes had counts, but the markets are gener- respect to ratios or relative
begun These measures were predicted tonnage
a campaign for the imally showing some improvement. values. The United
mediate enactment of logislation On the commodity markets, cot- by Dr. Schacht In his speech at States, It is stated, will insist upon compelling, the Administration to ton prices fell sharply owing to dis Koenigsberg, on August 18,, when parity with Britan, at the very lend twelve cents, while Senator appointment regarding the fact that he urged unity of action upon the least, and considerable superiority Bankhead had appealed to the the American cotton loan in only
farmers to hold on for twelve nine cents. conta or better, asserting that
Silver rose owing to very small they would rather sell at a fair offerings.--Reuter. price than accept a bounty from the Government.
ACTIVITY AT SUEZ..
Calru, Aug. 23. There was unusual activity in the Suez Canal to-day.
Rome, Aug. 23. "The solution of the Ethiopian chant vessels.-Reuter. problem must be something radical and conclusive," declared Signor Benito Mussolini, Italian Dictator, when interviewed to- day. "In order to avoid friction we sought an understanding in An Italian destroyer flotilla 1928 and signed treaty of lender, Tigre, proceeded through friendship with Abyssinin, which the canal towards the Red Sen that nation has consistently dis- followed by two ships carrying regarded. Italian war materiale and cool,
"We have decided upon pre- Later transports with 1,200 cantionary measures," he went on. officers and men aboard, and an-"I have sent soldiers to Eritrea other vessel with 200 men, passed and Somaliland. I am not aa through the locks. At the same enemy of any race, but I insist time another Italian vessel entered that italian rights be respected." the canal from the opposite direc), Asked if the Italian policy did tion carrying sick and disabled not endanger the present European, men from Eritrea-Renter.
LONDON ACTIVITIES
equilibrium or the Anglo-Italo- French understanding roached at Stresa, 11 Duce replied:
N. CHINA DANGERS REMAIN
mer-
SITUATION STILL WORRIES JAPAN
REMINDER OF
PLEDGE.
Pelping, Aug. 24.
General Tada, the new Japanese
in
nation in order to meet the prosa-] ing needs which the rearmament; and work-finding programmes would entall-Renter."
BRITISH ASSOCIATION
North PLANS FOR NORWICH
CONFERENCE
to China, stated in the course, of an
London, Aug. 24. "I cannot belleve Italy's action After yesterday's Cabinet meet-in Ethiopia, which is of a purely ing on the Italo-Abyssinian dis-local, colonial character, can in pute it was understood that Minis- fiuence developments of a policy Commander-in-Chief tera remaining in London would of European collaboration. keep in touch with the Foreign which Italy Is giving her entire interview that he did not consider! Secretary, Sir Samuel Hoare, for a adherence. What could endanger the North China situation satisfac- consultation and JU71 Informal the Stresa front and the European tory, because the removal of anti- meeting was held to-day at No. 10 equilibrium would be the attitude Japanese activities had not been Downing Street at which Mr. those wishing to ignore the fully carried out. Ramaay MacDonald, acting Prime necessity of Italy's safety and Minister in Bir. Baldwin's absence expansion, and
to Japan.
CASTELLANI APPOINTED
GUARDS HEALTH OF ITALY'S TROOPS
Rome, Aug. 23.
been Sir Aldo, Castellani na
Consul- appointed Chief Health tant of the civil and military | population of the Italian African colonies.
Meanwhile, the Senate's Frazier- Lorke Farm Mortgage Bill has been amended and passed by the Houso of Representatives.— Reuter.
MUSSOLINI'S SONS SAIL
CONTROL OF U.S. CREDIT
ROOSEVELT SIGNS 'BANKING BILL
Washington, Aug. 23.
Virtual · control of the credit policy of the Amorienn banking system has been sccured for the ́ Government by President Roose- velt's signature to-day of the re- |vised Banking BIL
of
London, Aug. 21. Arrangements are now complete for the meeting of the British He became the father-in-law of to create arti- However, he appreciated that
from the Egyptian High Commissioner, Association at Norwich on holiday abroad, the Foreign, ficially a legend of perils to this was a difficult task, and Secretary, the Chancellor of the Europe.
patience and courage were needed September 4 to 11, for which a Sir Miles Lampson, former Minis Exchequer, Mr. Neville Chamber- "Our operations are similar to to achieve it.
Inrge number of visitors, Including fer to China, a few months ago. lain, Bir Bolton Eyres-Monsell those of other colonial powers in
He is one of the most famous and Lord Halifax wore present,
Asia and Africa," Il Duce added.
General Tada added that action many from overseas, are expected. Mr. MacDonald la travelling by
by force by the Japanese could be /The Association mot laat in Norwich authorities on tropical medicine the son-in-law of Il Duce, Count Reserve Board control of the open
living-Reuter Special. PRECEDENT CREATED taken, but he hoped the local au-In 1868. Mussolini recalled the British thorities would carry out their promises. North China WAS against anti-Japanese
night train to Lossiemouth.
No Important developments in
the situation are anticipated be- bombardment of Alexandria in pledged
WILL SERVE WITH AIR FORCE
The version finally adopted by: Rome, Aug. 23.
both the Senato and the House The sons of the Italian Dictator,
Representatives • givės the Vittorio and Bruno Mussolini, and
Government - appointed.” Foodral Clano, are sailing from Naples for market policy of the Federal Re East Africa to-morrow to serve serve Banks through a 7 to 8... with the Italian Air Force there. majority over the Banks' represen- Count Ciano, however, still retatives in the special committee foreign trade, financial and econo-
empowered. to control these agriculture, and will attempt to set Press and Propaganda.-Router | activities. out a chronology of the world crials. Special.
Moreover, President Roosevelt la This section also will interest itself
empowered to appoint, with the In nutritional problems in relation to standards of life.
This evening from 0.80 p.m. to Senate's approval, a new Reserve., |0.50 p.m. Mr. L. W. B. Tseling will Board before February, 1, 1986, Other Items bearing on current speak over Z.B.W. His subject will Router The fortnightly launch picnis of discuss species In the light of problems will be the study of causes be "Es war Rasult of Unemploy the Hongkong Univeralty Graduates modern - knowledge. The Economic of - skidding: en roads and an ex-"/ment1". At the same time on Wed Association will leave: Queen's Pl Salance Section has a programma | hibition to-morrow at 3. p.ta. A big launch topical interest, including papers management in Industry British soothes of Australia and New Z«« has been hired for the oceandáng
of scientific aide to besday next, August 28, he will stive 舞 brosadosnt talk on “Recent. Intars
unitatially big galtendanes le fan
Final economie nationallemand Wireless.
fore the meeting of the Longua 1882, and that the United States activitios, as well as against anti-Watts, will deliver the Presidential/mic results of State control of itains the post of Minister for the
thereof.-Router.
The Professor of Geology at the Imperial College London, Mr. W. W. Coupell on September 4, though as had forcefully taken the frontiers Manchukuo activities, and Indicated yesterday the British of the Indians and Mexicans in pledged to remove the causes Rhythm of Continents."
was address on "Form, Drift and Government will pursue with the hor enger expansion in America. French Government policy an- Asked what Italy would do, it mounded in Paris, soolding through the. League of Nations fails to diplomatic channels any opport-solve the problem, and. if Italy unity to help the parties to the would leave the League, he dispute to solve their difficulties. 215The expectation in London is Amat Ital” win ictand the Council. (Continted on Pažu 14)
answered
"Italy will pursue her alme with Geneva or without Ganeyar Continued on Page 153
In celebration of the centenary of the landing of Charles Darwin ar Galapagos Island, zoologista will
A ten dance will," hold at
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