1938-09-30 — Page 5

SALE

COMMENCING

THE HONGKONG TELEGRAPH, FRIDAY,

YEN PEGGED TO STERLING

Tokyo, Sept. 20. For the present Japan will continue her polley of foreign exchange and continue to keep the yon linked to sterling, irrespective of sterling fluctuations, according to a decision just made by the Directors be the Bank of Japan at a conference held on Thursday.

On

the assumption that peace would be maintained in Europe the

JAPANESE CABINET

CRISIS

(Continued from Page 1.)

adherence to the anti- insofar as Comintern Pact is concerned and the protection of the rights of third par- ties in China.

Continued opposition to the Chiang Kai-shek regime in China, will also be carried on.

Among General Ugaki's supporters who have resigned In sympathy with their leader are Naotke Sato, and Hachiro Arita, of the Foreign Office,

TO-MORROW meeting, it la understood, decided to Tadao Matsumoto, Parliamentary

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FOREIGN POLICY NOT CHANGED |

Tokyo, Sept. 29. Official circles assert that Mr. Ugaki's resignation from his post as Minister of Foreign Affairs in the Japaneso Cabinet will not result in any changes being made in Japanese foreign policy.

It has been confirmed that Prince Konoye will temporarily combine the portfolio of Foreign Affairs with that of the Premiership.

Four other Foreign Ofee offeints resigned with their chief.--Heuter.

NEW YORK'S DISTRICT ATTORNEY AS GOVERNOR

New York, Sept. 29. Thomas Dewey, New York's Dis- for his det Attorney and famed drive against racketeers in New York State, has been nominaled as the ftepublican candidate for the gov ernorship of New York State, always a post considered a stepping stone to the White House-Reuter.

Vice-Foreign Minister, and Shigenki Harunn, Parliamentary Councillor.- United Press.

SEPTEMBER 30, 1938.

STAMP SOCIETY

To Hold Exhibition In December

The Hongkong Philatelic Society, at its meeting last evening, decided to hold the Fourth Annual Slamp Exhibition on December 11 and 12. This year the Exhibition will be divided into two clanses, collections of countries and smaller exhibits of not more than six album pages of standard size.

Three medals will be awarded, of which one will be donated by the President. The first will be for the best collection, the second for the best Class 2 exhibit and the third for In the next best in either group. addition there will be Certificates of Honourable Mention. Complete de- tatia will be sent members in a few days.

U.S. UNINTERESTED

Washington, Sept. 20. Officials here have given slight at- tention to the resignation of General Ugal, on account of their pre-

Mr. H. W. Hammond gave a very occupation with the European situs-interesting talle on various designs in

lon. They refused to comment.

Sources

the stamp album and their meaning. close to the Japanese Members with their catalogues were minimise the importance of the re- able to follow the lecture and signation and state that it will not derive a great deal of information. vitally affect foreign polley-United Preat.

· ARMY DICTATORSHIP.

Tokyo, Sept. 20. The resignation of General Ugaki was handed in after #prolonged conference with the Prime Minister who, It is announced this evening,

БО

The Society was also favoured by having a chance to examine a fur- ther book of the Post Office's colicc- tion of specimen stamps through the courtesy of the Postmaster General.

will see the Emperor on Friday and NEW HONGKONG SHIP wit br entrusled with the conduct

of soreign altaira, tukirig over the pust of Foreign

Minister in addition

Premiership. to the

Quarters close 10 the Foreign Office declare that the resignation

was primarily due to the creation of the Chins

Oil Tanker Launched

In Germany

The second of the two motor tank- Bureau, which is to dealers ordered by the Standard Oil with all questions connected with Co. of New Jersey, the Charles F. China the Far Eastern policy, under Meyer, has been launched in Ilam- the direction of Prince Konoye and burg, Germany.

the

Five Minister Conference.

This would have deprived the

TORNADO AT CHARLESTON Foreign Office of one of its most im

Charleston, Sept. 29.

A formado struck the waterfront here to-day and mowed down frame structures, killing at least 25 and injuring 340.

It is estimated that the damage will amount to more than a million dollars.-United Press.

QUEEN RETURNS TO LONDON

London, Sept. 29. Her Majesty the Queen arrived in London from Balmoral early this morning and proceeded at once to Buckingham Palace-British Wire- less.

ITALIANS LEAVING INSURGENT SPAIN

Hendaye, Sept. 29. Unconarmed reports etate that al- ready 500 Italian airmen have left the insurgent Spanish territory in Saragossa--United Press,

LECTURE POSTPONED

The lecture on "The Revival of Chinese Culture" by Dr. Kinng Kang- Hu, LL.D., advertised to be held at the Y.W.C.A. on Saturday afternoon, has unavoidably been postponed, with Dr. Kinng is at present 11 malaria. It is hoped that he will be well enough to give the lecture in the middle of October. Further an

will be made when a nouncements definite date has been fixed.

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ing capacity of 15,000 tons, will be Eat placed on the service from the portant functions and would have United States to Hongkong. 011 given the Army a decisive influence engines of 3,000 .p will give the

the control of the entire For Eastern

vessel a speed of 12.5 knots. policy. Quarters close to the War ofice

This is the 43rd vessel built by point out that the conflict is between the Army and the Foreign the Standard Oil Co.

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a conflict of long standing, and not due to divergences of opinion

The sister ship, named Arthur F. connected directly with The China Corvin, was taken over by the com- Incident,

pany a few days ago.

such

The conflet involves larger issues as the general conduct of the Japanese policy.

Army officials, It is declared, have repeatedly stressed that all other matters must be subordinated to the

t

PASSENGER INJURED

conduct of the war, in conformity Pun 800, 23, was admitted to the with the Government's declaration of Kowloon Hospital on Wednesday suf- January, 1930, and the question offering from injuries to the head relations with other Powers 15 SQ

she jumped from a caused when closely linked with the Sino-Japanese moving bus in Castle Peak Road. conflict that it cannot he separated from

The Army disapproved of the convertions with Sir Robert RE-TRIAL OF JAMES HINES Cralzle, the British Ambassador, because il considered them incom- patible with the China polley demanded by the Army Trans- Ocean.

New York, Sept. 28. The re-trial of James J. Hincs, the former Tammany boss on charges in connection with the "numbers racket" will commence at the Gen- crat Sessions

Idioma сп November United Prean.

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"Mountain Climbing in Hongkong and elsewhere" was the subject of an interesting talk given by Mr. of the Royal G. S. P. Heywood,

Chicago, Sept. 28. Observatory, at St. Andrew's Church Hall last night. The lecturer des Mr. Marshall Field Ill, the well- On his ribed climbs on Ma On Shan, Tal-known financial magnate, moshan and other mountain walks 45th birthday to-day inherited a for- at $100,000,000, the in the New Territories, and spoke of fune estimated his experiences in the Alps and on estate of the Into Mr. Marshall Field the hills at Home.

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