1939-04-12 — Page 31

"NO WAR" BEAVERBROOK Germany Will Not Provoke Britain

NEW YORK, April 11. SCRIPPS-HOWARD newspapers to-day publish copyright article by Mr. Roy Howard, Editor in Chief of the New York World Telegram.

"I interviewed Lord Beaverbrook, who said "There is not going to be a war now,'" said Mr. Howard.

"Lord Beaverbrook said Germany will not provoke the British and French to fight now because they know. that such a fight would end Hitler and the Nazis.

"He said. Britain's production of first line fighting planes is reported to have approximated 1,000 during March.

"He said the British Navy is bigger and more powerful than all the other European navies combined.

"Lord Beaverbrook said Britain is not basing her calcula- tions on any expectancy of American participation in the war, although "If America would fight, that is good news'," he said.- United Press,

Congress Debate On Neutrality

WASHINGTON, Apr 11. REPRESENTATIVE Voorhies, Californian Democrat, to-day proposed an embargo on war supplies to nations guilty of bombing civil populations.

Disenusing the Japanese activities, bergh to testify before the Committee

Wednesday,

HONGKONG TELEGRAPH.

April 12, 1939.

SAYS LORD Hongkong

Wu Pei-Fu's Stony Silence

FEITING, Apr. 12.

AIR. Wang Keh-min, head of the Pelping Provisional Govern- ment, Interviewed in his return from-Nanking at a meeting of the United Council, denied that there was any connection be- tween the Trovisional Govern ment and 'My Wang Ching-wei. Wang Keh-min added that the possibility of Forming a new Central Government was not even discussed in Nanking.

He admitied int invitations from the Government to Marshal Wu Fel-fu hnd not even elicited a reply.-Reuter.

Detained Ships

DRASTIC

JAPANESE ACTION?

Begins To Warm Up

MACAO ELECTRIC COMPANY PROFITS

. IT'S

getting

warmer and

rose to 11

warmert-t

From Monday's maximum temperature of 72 degress, the A substantial profit on 1038 was mercury yesterday reported at the 28th ordinary annual peak recording of 75, and this general meeting of the Masse Eles-morning at 10 o'clock it had nl- irlo Lighting Co.. held at the offices ready touched the 74 mark, in- dicating that before the day is Mr. F. J. Gelllon presided and there through the temperature is like- were present: Mr. Henrique Nolasco ly to be in the 80's. and Mr. Wong Yir-chiu (Directors). Mr. M., M. Watson Messra. Johnson, Stokes & Master, the thermometer dropped to a mini- Secretaries), and Mr. A. B. Raworth mum of 88 degrees.

of Mesa Lowe, Bingham & Mat- thews this morning.

(representing

Mr. A.

A. Ritchie Shareholders. The Chairman sald: After provid- of ing for Depreciation the $95.415.20, there remains a Net Pro 21 for yeur of $107,010.24 which,

the together with the sum of $105,887.48 brought forward from last year, makes a total of $303,500.72 for Ap-, propriution.

However, during the past 24 hours,

Humidity remained high this morn. ing, registering 84 per cent.

The present sultry conditions" ore likely to persist. The local forecast ls light to moderate cost and south- cast winds, cloudy, with local fog or

mist.

The Royal Observatory reports that Korea weak anti-cyclone covers and the Sea of Japan. Another anti- of cyclone appears to be forming over

North China.

With this, it is proposed to pay a dividend of $1.25 per share on 30,000 shares, absorbing $112,500.

Government To pay to the Macao 5 per cent. the amount distributed as dividend as per Clause 15 of the Concessionary absorbing $5,023.

on

Contract,

To transfer to General Reserve the amount of $50,000, and to carry TOKYO, Apr. 12.

forward for next year's account the THE ten steamers under

sum of $135,381.72. Portuguese Ang whleb have been de-

am very pleased to say that

the |tained by the Japanese naval -au- thorities, were detained on suspicion year under review met with our ex- pectations, when the total Kilowatt of having supplied arms and muni-Hours saki increased by 15 per cent.

gucciilas, tions to the Chinese

ac and the number of consumers by 10 cording to press messages from per cent, and we were able to re- duce our Bankt overdraft by almost two lakhs, which I am sure you will

Shanghai

in China, songe Congressional senki, į regarding United States neutraty authorities are Bkaty to take drasti agree was very satisfactory.

ment was reflected favouring willing- legislation. new to apply the proposed measure to Japan 'only.

When asked if he favoured the munediate enactment of the measure specifically naming Japan due to "past performances in China," Re- presentative Vourities said he wanted à general measure to be applicable to all nations engaging in elvilian bombardments and that he did not believe indivkita nations should be named.

He said he believed that the United States would have embargoed ship ments of war supplies to Japan lon ago, except for trade considerations. PRESENT LAW OPPOSED

|

In response to the invitation, he said, Colunet Lindbergh had replied "I will communicate with you direct-

on arrival," The Committee heard suggestions

for:-

(1) Pledging world powers to the

Kellogg Brland Pact,

The reports add that the Japanese action on corapletion of their investi-

Billons.

J

Shallow depressions are moving Castward over Mongolia and the Eastern Sea, while pressure remains relatively low over Tongking.

Reaction To Crisis

EUROPEAN BOURSES DEPRESSED

London, Apr. 11.

am glad to state that the Com- has and Equipment pany's Plant

and has given

every satisfaction Also they say that the Japanese been maintained in a high state of naval authorities in Shanghai bave efficiency. recently been paying attention

The report and accounts to foreign steamers which have been adopted on the engaged in smuggling arms munitions for Chinese querillas near Shanghai, hence the detention of ten steamers which have been flying the (3) To strenght: neutrality laws. Portuguese flag allegedly supplying Representative Maas suid the the guerillas with war materinis.- United States should place her fron-United Press. tier "wherever we are threatened whether it is on the Rhine or in the middle of Russia.

Sharp declines on the principal European bourses came as no sur- were prise on the re-opening of the mar

the kets after the holidays. resolution Of and Chairman seconded by Mr. Raworth. The re-election of Mr. N. G. Beale as a Director was approved on the resolution of the Chairman seconded by Mr. Raworth,

(2) Trap all neutrality legls-

In the Senate, Senator Key Pitta Nazis In Argentine

Buenos Aires, Apr. 11:

The morning newsopers here, all

expressed the belief that the proposed retaliatory measures against aggres- Representative Faddis, Pennsylv-sor nations should be divorced from anian Democrat, opposed the present general neutrality legislation, Neutrality Law because it tends to flowever, he said he does not intend apparently from the same source, to- aid Japanese aggressors and hurt the to uller unty separate legislation day reported that the police have

authorise the President to uncovered an He said although the Act has not declare an embargo against Japan, Nazi centres directing the work of yet been invoked, it tended to re-despite the reports that he might de Nazi agents throughout the Argentine, strict trade with China because the United Prész,

Chinese.

United States businessmen never knew when war would be declared

and their contracts cancelled.

United Press.

organised chain of

Representative Maas, Minnesotan BRITISH CASH FOR BURMA LINE

free

with

Republican, said the United States should defend their Interests through- out the world and maintain

Asia 40 access

particularly Malayo, and that they should defend their interests in China it they found their rights there were vital.

"My own sympathy is with China," hed, "We are definitely helping China rough not invoking-the Neutrality Act.

Representative Maas said he sup- ported the Guam proposal "because Japan would never try to pass such a fortifiention and that it would keep Japan in Oriental waters."

He said the present Neutrality Act China had further antagonised Japan,

as well as the United States Joun lo

and that otherwise China would have been conquered more quickly.

He expressed the belief that the United States should sell China everything she needs to continue the war, and that funds should be lent to any warring nation that the United States wanted to lead to.

LINDBERGH TO TESTIFY Representative Col. Bloom to-day

40-Year-Old Railway Dream Coming True

LONDON, Apr. 11.

THE CHINESE Government's Purchasing Com- mission recently placed orders with British firms for £180,000 worth of all sorts of construction material for the Yunnan-Burma railway, which is actively being pressed on towards completion.

Further orders are now being negotiated.

en-

i

The Paris Bourse was depressed owing to a considerable volume of selling, with rentes declining from one to two points, while at Amster- dan. the leading stocks weakened up Mr. to 15 points, though nervousness Mr. Nolasco proposed and Ruworli seconded, the re-election of Was somewhat allayed by Dr. Collin's Messrs. Percy Smith, Seth & Fleming speech, as nuditors.

STOCK MARKET REPORT

The Hongkong Stock Exchange official summary issued at 4.00 p.m. yesterday, says:

The market opened very quietly after the Easter recess and remained so throughout the day. Only a very small turnover was reported ut prices round the openinst quotations.

Kuyers

Hongkong Bank $1.200 Canton Insurance $23, Union Insurance $405 TIK. Lands $3315

Canton feco $0.95

Entertaiment $0.40

II.K. Govt. 4 Loon 34% Pin. HK Govt. 365 Loan par

Sellers

Hongkong Bank $1,300

Balen 1. Fire Insurance $133 IK, Londa $3325 HK-Tramways $10.0 China Lights (Old) $8 Dairy Farms Rights $15 Antamokn 1.3

Bagulo Gold .2415

Benguet Connalidated 11.79

Coco Grove 3315

Demonstrations 13

I X. L. 50

Hoitons 2414

North Camarines .50

San Maurielo 1.74

Suyne 18

Untled Paracale .50

'Holy Comintern' Festival In Shanghai

The railway follows the route curves, with sheer drops of 2,000 feet on the outer side. Almost un- recommended by British

limited labour is now engaged on this gineers 40 years ago.

part, but owing to the geological The Times" correspondent, who nature of the ground, landslides are told the House Foreign Affairs Com-recently motored over the Lashio- frequent,

motor road, minutely mittee that he expects Colonel Lind-Kunming describes

impressions, and observes "This is

feat of a fine Chinese engineering."

The total length from Lashio to the frontier is 124 miles, and from the frontier to Kunming 648 miles. Of The "Times" correspondent ex- the Japanese press, is scheduled to be

Another U.S. Protest

Peiping, Apr. 12. For the sixth time within a month the American Embassy has protested at the to the Japanese authorities bombing of American property inį China,

The latest incidents occurred at Yingtan in Klangs on April 4 and at Hengyang in Monon on April 6.

In cath incident American mission property was badly damaged, and there were some Chinese casualties at Yingtan.

No American casualties were re- ported in either incident.

At the time of the bombings prominently

American dogs were displayed.Router.

Big Robberies Reported

Monsoon Dangers

A suspension bridge, 208 feet wide which crosses Salween was only recently finished, and it is now being reconstructed for heavier vehicles. the Chinese sector, 367 miles from presses the opinion that If the road Halakwan to the frontier were only is to stand heavy tradie during the begun in October, 1937, and despite monsoon season, it must

have the altitudes ranging from 2,000 to adequate drains cut on the inside and 8.000 feet, the road was completed which lead under the road. for light traffle in 14 months,

Unlimited Labour

The worst stretch is from Lung- lng to Salween Valley, crossing an 8,000 feet mountain barrier of very steep gradients, and almost Impossible

the

encourage-

On the contrary, although prices on the London Stock Exchange were marked down, there was not much selling pressure visible. British holders mostly refused to be stampeded, and further ment was derived from the small- ness of the Continental sales, which, owing to the prevailing European be nervousness, had been expected to larger

The London foreign exchange mar- ket was not much affected, the rates of the leading currencies remaining comparatively steady.

On the other hand, keen bidding Amster- for dollars was visible in dam, where the guilder rate maintained only owing to the large sale of 'ollars by

Dutch the Equalisation Fund-Reuter.

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LATEST CABLED

QUOTATIONS

New York, Apr. 11. New York Cotton

Closing 7.09/0.00

Opening 7,09/00

7.78/78 7.70/76

May July

October December January March Spot

7.49/49

7.49/40

7.42b/440

7.44/44

7.42b/45a

7.43N

7.47/47

7.48N

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May

September December Murch

July

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Shanghal, Apr. 12. The "festival of the holy anti- Comintern on the eve of the coming world war is how the Shanghai "Manichi Shimbun," the local Japan ese paper describes the anti-Comin tern function, which, according to held under the ausplees of the anti- Comintern Cultural Society of Shang- Sept. fal at an hotel in Hongkew Saturday evening.

next

Prominent Gorman, Italian, and Nevertheless, ho Bays.

Japanese residents will participate, it greatest credit is due to the Chilneşe is stated. engineers. "One leaves Yunnan Some 800 persons, according to with the utmost admiration for the the press, are expected to attend the determination and courage of the affair, which will include dance Chinese."--Router.

contests. Reuter.

NEW BRITISH PROPOSALS FOR

PALESTINE ARABS

Cairo, Apr. 11.

AN EXCHANGE of opinions between London and Cairo out the ques- tion of Palestine, which were unexpectedly opened by the British Gov-communicated through the Egyptian ernment at Easter, is considered to have been concluded.

According to competent observers, The remaining rump of Syrin the British proposals, communicated would become part of a now Arab

under British control.

by the Egyptian Ambassador to State London are regarded is suitable for Trans-Ocean

a basis for discussion. They will be

Loot valued at $1,350 was the recommended to the leaders of the proceeds of two daring burglaries in Palestine Arabs through Egyptian Hongkong yesterday.

and Saudi-Arabia mediators.

Zionist Leader's

New Proposals

·

London, Apr, 11.

Ambassador.

Official circles maintain a reserved altitude regarding the contents of the British proposals, but it is under- slood that they are at the expense of the Jaws.Trans-Ocean.

Spelling Bee

How many of these words are

correct and what is wrong, with

The Zionist leader, Dr. C. the others?

A widow living in a matshed atį Their contents are not yet revealed, Talhang, Causeway Bay, lost her but Egyptian pollLcal circles believe entire fortune when thieves entered that the essential point will be the the matshed between 8 a.m. and noon establishment of a new Arab State.

portico and stole bank-noles and small coths The plan would include the partition Weizmann arrived in Cairo to-day by

portlerre of Syria with large parts of northern air from Palestine. to the total value at $1,050.

rivulette Dr. Welzmann is said to have with particularly Aleppo --Three hundred dollars was stolen in Syria,

servants offered lo Turkey If she would be him counter-proposals to the Britishs | Engilsh Orford Dictionary spell

a anti-Germin | proposals for quarters at the Hongkong Jockey prepared to Join the

solution of the ings of these words will be found on club in Happy Valley.

Palestine question, which have been page 9. i front.

another robbery in the

bring

honourartum portible honorific

May July

May July October

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WASHINGTON, Apr. 11 The THE STEAM LAUNDRY CO.

Senate to-day passed the $100,000,000 Retief Bill for public works, after rejecting a proposal to increase the amount to $180,000,000.-Router.

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