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No. 16717

四拜禮 號二十月二十英港香 THURSDAY,

DECEMBER

12, 1935.白七十月一十

SINGLE 'COPY 10 CENTS LAIDLAW & LTD.

$15.00 PER ANNUR

PEACE TERMS UNSATISFACTORY

ITALIANS STILL RELUCTANT

ETHIOPIA REJECTS OFFER FLATLY

1

LEAGUE CIRCLES SHOW APPREHENSIVENESS

An Ethiopian communique, issued in Paris, flatly refuses to consider the latest peace proposals, considering them at variance with the principles of the League of Nations and as an attempt to force the Ethioplan Government to bow to the will of an aggressor state.

The peace terms have been received in Rome, and while Italy appears ready to accept them as a basis for discussions, Signor Benito Mussolini will demand still more favourable conditions before he agrees to end hostilitics.

There is an obvious split in opinion at Geneva. League circles view the situation with uneasiness and there is much activity in the lobbies on the part of smaller states, led by Russia, in opposition to the peace terms.

Thero is anxiety in London, moreover, and a perfect rain of questions fell upon the Prime Minister, Mr. Stanley Baldwin, in the House of Commons.

ETHIOPIAN REJECTION

Paris, Dec. 11.

Tho, new Anglo-French penca pro- posals, rubmitted to Italy and Etulo- pia tu-day with a view to ending the conflict

promptly in Africa, were turned down by Ethiopia in a com munique issued by the Legation hera after the Ethiopian Minister shortly after. Plerre Laval, the had French Prime Minister and co-author of the peace formula.

The French Prime Minister had

Proned to him the purpose of the

and had appealed for a con cillatory attitude on the part of the Ethiopian Government.

The communique sets forth the view that Ethiopia, being the victim of an unjustified aggressor, one unanimous- condemned by the ly und solemnly

and

GENEVA'S

TENSION APPARENT

ANXIETY SEEN IN LONDON

MR. BALDWIN'S STATEMENT.

Geneva, Dec. 11. There is great uneasiness here with regard to the latest development of the Italo-Ethiopian situation.

League of Nations Council Assembly, has decided to reject all proposals which directly or indirectly would grant an advantage to the aggressor, or disregarded the funda

There have been many consultations mental principles affirmed by the

eague Council and Committees and between representatives of the snailer Assembly, particularly the principle states. The Soviet and Turkish de- of the territorial and political in- iegates have been particularly active

in the lobbies, tegrity of Ethiopia.

Committee of Ethiopia would reject lustantly any Ameeting of the proposal which tended to exert pres- Eighteen, fixed for 4.15 p.m. to- weak state to induce it tomorrow, will allow the Committee's subject itself to domination by a experts to complete their report on powerful government, which had not the progress of . ceased to affirm that it would ensure lso give M. Piere Laval, the French the triumph of its ambitions by force, Prime Minister, and Mr. Anthony with or without the League of Na- Eden, the British Minister for League tionReuter,

Affairs, an opportunity to meet and discuss the situation with the other

sure upon

annetions and will

WANTS STILL MORE delegations, to reliable information,

Rome, Dec. 11. According A communique Issued to-day states the French have now agreed with that Signor Mussolini received the the British view that discussion of French and British Ambassadors at the oil embargo must proceed, al- and 5.30 o'clock to-night. They though the date of enforcement may convoyed to him separately identical be delayet if there is n

containing the Paris pence pro- peace-Reuter.

notes

posals.

Signor Mussolini_expressed his ap-| preclation of the efforts at collabora-

tion with regard to the Italo-Ethio-

tho.

It is believed the Italian Govern ment, while accepting the proposals as a basis for discussions, will demand better conditions-Reuter,

chance

of

LONDON IS ANXIOUS

London, Dec. 11. The anxiety of the House of Com-

I. Excellency Sir Andrew Culdcott, K., G.M.G., G.B.E., who arrived in the Colany this morning to aamunie the Governorship of

Hongkong, in succession to Sir William Peel.

FEAR OF BOMBING ATTACKS

ADDIS ABABA IN CONFUSION

ALARMS IN

NIGHT

GOVERNOR

Min Excellency Major General A. V. Bartholomew; D., C.M.G.. C.B.EL D.S.0, the new G.O.C. of British Troops in China, who arrived in Hongkong from Home this morning. (Photos Elliott & Fry, London),

WELCOMED PROSPECTUS TO COLONY

COLOURFUL SCENE MARKS ARRIVAL

NEW G.O.C. ALSO MAKES LANDING

at

Colourful scunes, in which all seo- Akis Ababa, Dec.-11.

tions of the community untied in a An alarm that Italian bombers corual welcome, marked tno arrival, were coming towards the city caused of the new Governor of Hongkong, panic among the inhabitants at 6.30 is Excellency Sir Andrew Caldecott, Kt., C.M-G., CBE, this morning. Sir 'clock this morning.

Renter's special correspondent was Andrew travelled in the P. & 0. where, rouard by a frightened boy. leer.

from Singapore Carthage rou pulled on his clothes and rushed out up to the true of his new appointment, His Excellency Major-General A. nto the icy darkness, All around him. had been Colonial Scervuary.

ures were scurrying from houses,

upwards at the W. Bartholomew, C.B., C.M., C.R., a.ng fearfully ewly ghtenlag sky, watching for D.8.0., the new General Officer Com he approach of the dreaded death manding the Froops in China, travel ted by the samo uoat from England,

Mefully welcomed brids.

Houseboys rushed out excitedly and WAS randishing Files and spears and D.40 am. when he disumbarked from

board. uckling on revolvers, while yelling Queen's Pier.

Sir Andrew was met on by with martful ardor: "We are ready for the lûlans however they come."

His Excellency the Officer Adnt.nister. ing

the Government, Sir Thomas EVACUATION ORDERED

nauer hy his A.B.C., Capt. The Crown Prince, who is command-

J. B. Cragg, and the Harbour ng the capital in the absence of the faster, the Hon. Commandar G. 1. egus, ordered the municipal offic.nia role, H.N. (retired). The party board- evacuate women and children fromed the official launch, the Britann., the town as rapidly as possible, and, escorted by police launches, cross- Soon the streets were full of mues and donkeys, led by women and called the harnour to Queen's Pier.

A salute of 17 guns from the Royal bundles

of Navy signalised His Excellency's land- en, staggering under" ousehold treasures or driving ahtep, ng." outs and bens. All fled to the com- erative safety of the surrounding forests, on the slopes of

Occassionally a motor car, packed ith several families, dashed through he streets, hooting frantically and cattering animals and humana in readful confusion.

ucalyptus

he hifis.

"DREADED SOUND

Sathorn,

WELCOMED ON LANDING

ALLEGEDLY· FALSIFIED

ECHO OF MARKET'S COLLAPSE

THREE FACING

CHARGES

London. Dec. 11. As a sequel to the pepper market

Howeson, crisis,

Bishirgion and Hardy re-appeared at the Mansion House Police Court to-day on charges of being parties making, circulating and publishing a prospectus which was falso In material particulars with relation to the public issue of shares in James and Shakespeare, Ltd.

U.S. PRESSURE ON CHINESE

FORCING RETURN TO SILVER STANDARD?

TREASURY'S POLICIES

INTERPRETED

London, Dec. 11.

America continued to play havoc in the London silver. market, forcing it to abandon its custom of fixing its price only when all transactions can be arranged at one level,

The amount of spot metal offered "was estimated at 6,000,000 ounces, but the American Treasury was ony pre- pared to buy 450,000 ounces. Sellers wore all treated on a pro rata basis.

Forward offerings were smallish, since it was early made clear that there was hardly a chance of forward quotations. being fixed. But it is understood that a quantity of forward orders have been converted to spot sales.

The belief is growing in the City's best Informed circles that the American Treasury's action is a definite counter-move against the recent decisions of the Chinese Government to demonetise silver, which frustrates America's proclaimed alm to raise the purchasing power of the allver countries;

JAPAN'S NAVAL POLICY

READY TO SCRAP BIG SHIPS

FIRM DEMAND FOR PARITY

It is therefore regarded as signi feant that the American, Senator. Thomas, whole-heartedly consented to the change of policy which, for tho time-being, can only depress the in-¡ ternational price level of the commo- dity dearest to his heart---Reuter.

WILL CHINA RECONSIDER?

New York, Dec. 11. With the Treasury remaining silent, speculation continues with regard to the American Government's Inton- tions in connection with silver and the impasse in the London market.

Wall Street experts believe the Treasury will continue to take silver, though in moderate_amounts and at lower prices.

At the same time there is some conjecture over the possibility that China may

recent reconsider her monetary measures and continue to uno silver to some degree as a cur- rency,

There are indientions that Washing- ton supporters of high silver prices to force the may reopen the fight Treasury to reveal its tactics and in Lentions, but it is considered a fore- gone conclusion that they will not succeed-Reuter.

London, Dec. 11. The delegates to the Naval Con- ference are disappointed that Admiral Nagano, the head of the Japanese de legation, did not diverge to-day from the attitude already adopted by Japan in favour of common upper limits.

Admiral Nagano did not indicate any means by which a compromiso could be reached. He explained that

RATIONING SYSTEM?. Japan wanted common upper lim.to

London, Dec. 11. with the United States and Britain on on low a basis as possible. In or-

The disorganisation of the alvor Defendants counsel applied, for

der to reach this basis, Japan was market, due to variation in American permission to reserve his cross-ex-

prepared to scrap a number of capital orders of the last few days, continued Bmination of witnesses, because they had not yet dincovered-what-was-the-ships, alteraft-carriers and 10.000 today and the market was flat at. tun cruisers, if the other major Powers 27% There was no forward quota- case, for the prosecution.

would do

tion. likeway In the course of his speech, Admiral The difficulty of dealing with the Nagano drew attention to Japan's large amount of silver may be over- vulnerability as the reason for the come by a system of rationing-Bri demand for parity, which, he claimed, tish Wireless. alone could give Japan security.

Permission was accordingly granted. A chartered accountant then des- cribed the dealings between Williams, Henry and James and Shakespeare, and stated that in June, 1034, there were outsanding purchases by Will- lams and Henry of £400,000 worth of shellac. On September 3, 1934, there was an open position in regard nt £1,000,000, pepper valued which was the amount Williams and

tu

Henry had to pay.

caso

WAR

originally

Tho

TOXINGƆ 's 'n

· Washington, Dec. 11. chief Congressional silver

There was little discussion in the course of the meeting, which lasted two hours, the proceedings being proponents have hailed the deadlock inter suspended in order to enable the in the London silver market as a other delegations to consider Admiral demonstration that the United States Nagano's statement.

controls the market and that its

PARITY IN PRINCIPLET

When the Commitles again meets

monetary resources

will

provo in as a politi A source closely connected with

directty to bo import

cal influence in. the

at 10.30 a.m. to-morrow, the common Senator Pittman's investigation Com

dele-

On the pier waiting to welcome the new Governor were Lady Dreyer,

When tho Sou.hora, His Lady

Excellency Admiral Sir Frederic

called last month, the prosecution Drayer, is Excellency

Major-Generat

counsel outlining the east said that artholomew, members of the Execu

when dificulties arose regarding the

upper limit will again be the financing of heavy shellac and pepper. Live and Legislative Councils, Govern-

mittee to-day said that the mancouvre principal topic, as the other in which the companies. commitments,

was a conclusive demonstration to ment ofllerais, members of the Recep

Estions appear to require further the smugglers of silver from China controlled by defendants were involv

the An hour after the alarm was given, tiun Committee, Navy, Army and Ar

of Admiral Nagano's of turning amplification

to Japan that the United States was Idea Force officers,

ed, they conceived and leading residents of

James and

private

able to ruin their business. Shakespeare, then

question agitating The theory continues to be held The

company, into a public company. in alleged that they were using the money obtained from the public in order to finance sheline deals. Nothing had been sald in the prospectus about shellad and pepper contracts.-Reuter,

he dreaded hum of an aeroplane was the w notice had been early on the

.ward..

'All cyca

lifted to the sky, and

pian conflict made at Paris during the mons with respect to the Anglo- inst few days by the British and Freach plan for the termination of French Governments and he reserved the Italo-Ethiopian hostilities was the right to examine their proposals, shown by the rain of questions upon It is authoritatively learned that the Prime Minister, Bir. Stanley an Italian reply cannot be expected Baldwin, to-day. for several days, as questions Mr. Baldwin replied that there was raised are so complox as to require nothing to add to his and Mr. long consideration.

Eden's statements of the Anthony day previous. None could be more anxious than he for the publication of resently the shape of a lone plane scene to prevent unauthorised persons an accurate version of the peaco us discernable. As it drew nearer, uard of liqueur drawn from the from encroaching on to the Pier." A proposals, but the matter did not restying low-it was recognised for one with the British Government alone. i the Ethiopians own small air the Lincolnshire Regiment was drawn the 1st Battalion of Royal Navy

and Navertheless, ho promised ta orec

fuselage publish the proposals at the carllest lashed in the early sun.

Green

up on the pler and imparted an addi possible moment.

When 8 o'clock arrived without any tionally colourful touch to a ceremony Ho was unable to say whether the Committee of Five ar the Committee Ppearance of the Italian raiders, the which was a precursor to the public

Low spread that the alarm originally reception to follow. of Eighteen would discuss the plan at

ven by the aerodrome employees Geneva,

was falac. The capital quieted down Asked about the French support of immediately.-Rauter. the British foot in the event of an attack by Italy, he said it would not

PEACE PLAN ATTACKED

Washington, Doc. 11. It la reported that the Anglo-French peace terms have been forcely at- tinct by Senator Borah, strong Isolationist," who doclares they would give Signor Mussolin! more then ha sought and make him the most power- ful figure in Europe,

If the proposals go through, ha said, the Lengue will become a subser-

ient Instrument of imperialism,

It is indeed fortunate, he added, that the United States had taken up a position of neutrality in the affair.- Reuter

WILL FIGHT TO DEATH

Paris, Dec. 11. "If there is any question of hand ing over territory to Italy, we shall

un.ts. Ita

T

be to the public interest to publish DEATH OF 'MR. G. the correspondence on this subject at the moment-Router.

ASKS FOR STATEMENT

London, Dec. 11.

In the House of Commons to-day. Mr. Hugh Dalton asked for a further statement regarding the proposals submitted on behalf of the British ment of the war in Ethiopia.

FORSTER

FORMERLY WITH JARDINE'S

P.-

As His Excellency mounted the steps, wearing grey morning dress and grey top hat, the Guard of Honour was urought' amaftly to attention. Intro- ductions were effected

Sir Androw smilingly went the round of the wel coming citizens

Bir Andrew inspected the

Gully Bin

of Honour and tear. Defence A police and Corps

motor cycle

cycle escort preceded the car Government House where.

to

then entered his

сат.

Janey rebred for the ceremony

the taking

At 11.15

SABOTAGE NOW DENIED

IL

con-

WASHINGTON DROPS INQUIRIES

Washington, Dec. 11. No further investigation is templated regarding the damage to the new cralier Qu'nery on Monday The

turkine Royal Welch The death has occurred of Mr. G. P. with detachments of there was lined fast, when it was reported that the Mr. Claude Swanson, Secretary of Matheson and Co., Ltd.Router, Patahl Degiment

the Navy, announces, that' a rival inspector has reported, that the darn- ago was entirely due to an accident.

·Brutar.

London, Dec. 11.

of

by weigerhment

Tam.

tho other

An

2

s whether Japan that in order to have absorbed Tues will be satisfied with a declaration of day's offerings of 25,000,000 ounces Parity in principle, leaving practical the United States would have been. parity to be attained later.

required to purchase £3,000,000, which opening for compromises on the the the United States Treasury Japanese claim is also being sought, fented" would

send the pound for example, whether she would ac-soaring and upsetting the foreign cept a two-year building programme, exchangt stability. The Treasury Instead of the five-year programme chose instead to coase their purchases proposed by Britain-Reuter.

READY TO REDUCE

London, Dec. 11.

Admiral Nagano, the

Јаранове

pokesman, told the naval conference

temporarily

worthy of note that the United States Treasury insists that they are still carrying out their silver polley. ----United Pronk.

to-day that his Government was the extent of allowing Britain five willing to reduce Its navy is any tons for every four for the United level as long as Japan was awarded States and Japanese fleets.United parity on a total tonnage basis.

lle thus rejected the American thesis that the number and size of ships in each

should be category

Pross.

BRITISH CONSTRUCTION

London, Dec. 11. In the House of Commons; · Lord specified in limitation. He said Japan Stanley, Financial Beerotary to the would refuse to reveal her construc- Admiralty, announced that orders had determined the total tonnage each sight destroyers, which would be power was to have and had agreed laid down in the next fow months. to the limitation of individual

In addition, it was proposed to or categories.

der a further flotilla of savon vornais It is understood that Admiralter, and also some small vessels Nagano is willing to waive parity to Reuter Special.

fight on until no Ethioplan is left and French Governments for a sotile: Forster, formerly of Messrs. Jardine. - Fusiliers, the Lincolnshire and the 1/87 ruine reducing. gears had been' tion plans until the conference had been placed for one flotilla lender and

alivo rather than yield of our own

free will to the aggressors," declared The Prime Minister, Mr., Stanley M. Wordo Maryam, the Ethiopian Baldwin, said there was nothing to Minister to France, in an Interview add to the statements made in yaster to-day--Router Special.

(Continued on Page 5)

The late Mr. Forster was for some

Sir Andrew Caldecott was unaccom time in the produce department of pauca to ne osonly, his wife remain- Jardine Matheson's Shanghai office. ing in England where she has been

(Continued on Page 7.1 |Ho had never sorved in Hongkong.

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