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GREGORY RATOFF W CHARLES WINNINGER
THE HONGKONG
Franc Weakness
Reserved Opinion
On Future
TELEGRAPH. THURSDAY,
SOVIET TO STOP "BOSSISM"
London, Jan. 19, "Quiet but sultry," was a leading broker's description of the foreign exchange market this morning, föl- lowing the formation of the now French Government.
La
While satisfaction expressed that the political tension in France has been alleviated, well-informed circles are very reserved in their opinions regarding the future trend of ovents.
They point out, that the technical position of the frane is weaker than when the previous Cabinet was in- stalled, and budgetary and industrial problems remain unsolved.
It is generally agreed that solution of these problems is of paramount importance, in that only when they are solved can the Government ex- peet to receive the confidence of capitalists which rehabilitation of French industry depends,
on
AT ALL PERFORMANCES broad to bring about peace, or at
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Also showing: “LOUIS & SHARKEY FIGHT" ‘and "UNIVERSAL NEWSREEL OF CHINA WAR"
TO-MORROW ONLY: Vietor McLaglen in
"THE MAGNIFICENT BRUTE"
Some think the Parilamentary basis of the present Cabinet is Insumclently
least for a long truze bolwezn capital and labour-Reuter.
HUGE EXPORT OF CHINESE SILVER
Expulsions From The Communist Party To Cease
JANUARY 20, 1938.
TERUEL FIGHTING
Loyalists Conceda
Some Ground.
London, Jan. 10. Fighting around Teruel has begun ogabi.
Insurgent forces, heavily backed by aircraft, are vigorously attacking_the Government positions, and the Gov- im-ernment has admitted that it bus
had to concede some ground.
The Insurgents claim the
troops have captured two important points which have been held by the Government forces for over a year.— Render Bulletin.
Moscow, Jan. 19, A recent decree ordering the mediate cessation of indiscriminate and wholesale expulsions from Communist Party has been explained in a special article in Pravda, the semi-omcial organ.
dia-
The decree provides for the position within three months of cases Involving tens of thousands of mem bers of the party who have appealed against their expulsions, many of which were instigated by local party
lenders,
Under the decree, discharge from employment will no longer be one of the penalties of expulsion from the party, and the reinstatement within Afteen days of all who have lost their positions through such expul- sions has been ordered.
The decree,
decree, however, does terminate the periodic "purges" which have brought odium on the Soviet system. On the
Pravda contrary,
not
Of
The
that their
HEIGHTS CAPTURED
Saragozan, Jan. 18. Insurgent army claims to Muelton have taken the strategie Heights, United Press.
VALENCIA TRAGEDY
London, Jan. 10.
The tanker Esturla has sent a message sinting that an Insurgent air raid at Valencelo killed 600 children and set fire to benzol storage tanks. Flames were visible for 50 miles.--- United Press.
CAR OF BRITISH. PARTY HIT BY BOMB IN VALENCIA
Madrid, Jan. 18.
A party of British Members of Parliament now touring Spain nar- rowly escaped injury during an air raid on Valencia, the Spanish Gov- to a ernment's capital, according report from a Spanish ometal news
declares that the struggle against the Trotskyites is by no means finished, and all free and unfree enemies the party must be stamped out. The decree, states the newspaper, simply means the reinstatement of innocent agency.
FROM HONGKONG persons who have been expelled the city while the party was driving
Chinese silver coins and bullion to the staggering value of $320,000,000 has been shipped from Hongkong to the Bank of England during the past three months.
A further shipment of 0,000 cases, valued at over $30,000,000, Is leaving the Colony on Saturday by the P. &
. ner Corfu. The last shipment, by the P. & O. liner Rawalpindi a fortnight ago, was valued at $32,000,-
000.
Most of this silver is believed to be from the Chinese treasury in Canton. Part of the money is believed to be
on account of war materials purchases in various countries. But the major portion, it is thought, has been sent to London for safely purposes, and as possible coverage for future com- mitments should a Japanese blockade prevent future shipments.
It is believed that 90 per cent. of the precious melal sent to England is government-owned,
HOLLAND PREPARES FOR ROYAL BIRTH THIS WEEK
Amsterdam, Jan. 19. Everything is in readiness for the birth of Princess Juliana's baby, who one day may become ruler of the Netherlands.
Although the birth is not yet imminent, the doctors expect the huppy event to take place soon after to-morrow.
Broadcasting stations, including the short wave station PCJ which broadcasts to the Netherlands East Indies and the Far East. ure ready.. to make an Instant announcement.
Decorations and fireworks being kept in readiness, and con- fectioners and other shopkeepers are, prepared with appropriate souvenirs. ---Iteuler.
are
RAIDS IN SPAIN
MADRID AGAIN UNDER ARTILLERY FIRE
London, Jan. 19. Spaulsh news agencies authorita- tively deny that 600 children were killed in on air raid on Valencia, However, it is not denied that the city was subjected to a large-scale aerial attack.
A United Press message from Mad- rld reports that the old capital of Spain was again subjected to an artlilery bombardment yesterday.
The same messange reports that Insur- gent planes which attacked Barcelona yesterday originated from Palma, where they returned after bombardment. Anti-aircraft
their
guns
are reported to have brought down one bomber-United Press.
MONTREAL TRAGEDY
SCHOOL DEATH
ROLL
MOUNTS TO 29
Montreal, Jan. 19.
The total death roll in the disas trous fire at the boys' school in Mon- treal has now reached 29.
The heat of the fire was so great that it was some time before the firemen could appronch the ruins.
A number of schoolboys were killed when they attempted to jump
to safely from the upper windows of the building-Reuter,
PRODATZEAVOR JELAS GAS PADARA NAISET | SIR CHARLES TURNER
COUNT
THE
"TELEGRAPHS"
EVERYWHERE
Bombay Secretary Dies In England
The doolh
London, Jan. 10.
has occurred of Sir Charles Aldin Turner, Chief Secre- tory of the Government of Bombay,
at the age of 60 years.
The late Bir Charles Turner had been a member of the Indian Clyli:
*Service since 1902,--fleuter.
by over-zealous provincial party "bosses,"
At the same
The raid occurred in the centre of
REFUGEE SCHEME
Madrid, Jan. 10. Negotiations have been completed for the removal of thousands of poll- tical refugees from the foreign lega- tions in Madrid. Their lives are in precarious conditions owing to short- age of food.
to a war trahing school. One of the was, bit by a bomb, but the time, the widest cars publicity has been given to a resolu-occupants miraculously escaped in- ilon of the Sovlet Supreme Court, Jury-Reuter, the enforcement of the constitutional guarantee of the right of every Sovlet citizen to employment. Persons dis- be charged for incompetence must found other employment, the decree states.
The decree is held as a new for- word step ushering in the
of end bureaucratic "bossism," and a more Judicial attitude is expected for persons suspected of political uni- reliability.
Citizens of the Soviet are to be freed in future from responsbility for the political crimes of the relatives.
Reuter.
STOP PRESS
JAPAN CRITICISED
BY JAPANESE
The French Embassy has agreed to repatriate aged refugees to France, and those of military age will be sent to a government concentration camp, -Reuter Bulletin.
NEW CHINA
BANK Note To Be Issued After January 25
Peiping, Jan. 19. The Japanese military paper, the Yung Pao, published in Tientsin, to- day states that $10,000,000 in n of the new China Federated Reserve Bank will be issued some time after printing on January 25, and will be exchangeable for Nanking's
legal notes"
It
also says that purchtises of gold from the Hongkong and Shanghai Banking Corporation are being "ur- ranged for the bank's reserve, with the salt revenues
exchange.
guaranteeing the
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• TO-DAY & TO-MORROW Representatives of the Peking re- THE MOST UNUSUAL AND THRILLING PICTURE OF THE YEAR! gime have been sent to Tokyo to dis- gimo
A WARNING!
Princetown, Jan. 18. Mr. Fumitaka Konee, in an address to the "Knights of Columbus," here to
day said: "The Japanese have stretch- ed the doctrine of self-defence in some instances. For instance I question whether Japan was forced to under- take the extreme actions of the present conflict in China Naturally no Japanese Government official will admit such a viewpoint, but that isng the Bank of China, the Bank of Communications, the Bank of East how 1 teel."--United Press.
Hopel, the Hopel Provincial Bank, the China and South Seas Bank, the Bank of Kincheng, and the Con- Cinental and Salt Bank-United
BARCELONA'S DARK DAY
Barcelona, Jan. 19. Two hundred and twenty were killed and over 400 wounded in Wednesday's air raid on Barcelona, according to the Defence Ministry.— Reuter.
cuss the question of Japanese loans.
Chinese Banks are pledging half IF YOUR NERVES ARE NOT STRONG OR YOU HAVE A WEAK the
"capital of the new banic Includ- HEART, WE ADVISE YOU TO KEEP AWAY FROM THIS PICTUREȚ
PTC83.
VICEROY PRAISED.
SYMPATHY FOR INDIANS BRINGS
APPRECIATION
Hyderabad, Jan. 20,
The Viceroy, Lord Willingdon, and Lady Willingdon attended a State Banquet to-day on their first oficial visit to Hyderabad.
The Nizam of Hyderabad, speaking at the banquel, said that the Viceroy's infinite pain and genuine sympathy for the welfare of India had endeared him to the masses of Indian peopic.......... Reuter,
RAIL PROFITS UP IN ENGLAND
London, Jan. 19.
Traffic returns of the chief railways
In England show that for the Arst
fortnight of 1038 there was a total
HARDING
Basil RATHBONE
with
LOVE from a
STRANGER
A United Artists Picturo
SATURDAY, SUNDAY, MONDAY 90 RIOTOUS . MINUTES OF LAUGHS !
CONSTANCE BENNETT "TOPPER"
CARY GRANT
In
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increase of £110,000 compared with HOOKWORM IN CHINA | DUTCH AND BRITISH
the same period last year.
Fart of the increase is accounted Lecture By A Visiting
for, however, by the recent five per cent. Increase in passenger and freight rates. Reuter,
ARAB TO DIE
MILITARY COURT SENTENCE FOR FIRING ON POLICE
I
Jerusalemn, Jan. 19.
Professor
Common Interests In East Indies
London, Jan. 10. "If rain penetrates our roof, yours would begin to leak too," declared
Prof. Dr. E. A. Heide, of the Mill-Count Stirum, Netherlands Minister, tary Medical College, Canton, was addressing the Royal Empire Bociety invited by the Hongkong University last night and alluding to common la the Eart Indian to give a film-lecture on the subject interests "A Contribution to the Epidemology chipelago,
Count Surum dwelt on the signi- and Blology of the Hookworm DlacaDO
den An Arab peasant has been sen. in China. The audience opplauded ficance of communications between tenced to death by the Military Court the interesting film, which is the first Singapore and Australia. He
produced inclared that centuries of cultural work for firing at the police during inves- one of its kind ever
were behind the British and Dutch; tigations into the murder of Profes- China. sor Starkey, the noted archeologist.
Expressing thanks for the kid re- and each would play their parta to. -----Reuter..
ception his lecture has found amongst prevent destruction of what had been built Inbourlously and Fuccess- the Professors and students of Hong- kong University, Prof. Holde em fully.
"It formerly we have been rivals, phasised the Importance of selentfe co-operation
Hongkong it is evident that the protection of between
China, University and scientists
our cultural schlevements, in those Paris, Jan. 10,
especially at the present time for the territories is a common Problem, but we should not allow ourselves to be The French
press generally welfare of the Chinese people.
Professor W. I. Gerrard, who pre- lulled by confident expectation of big approves the now Chautémps Govern-
alded, thanked the lecturer, and ex-brothers support. We are very much ment..
The new Cabinet members paid a pressed his agreement with the com-awake is making great sacrifices to traditional call on President Lebrun ments made by Prof. Heide, this morning. The Arst: Cabinet
FRENCH PRESS APPROVES CHAUTEMPS JADINET
meeting has been convened for lo morrow-Reuter,
BO
guard our house,” he said,Router.
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