Home Consumers Must Go Without
PLAIN LANGUAGE BY MR. HUDSON
SPECIAL TO THE "TELEGRAPH"
LONDON, Dec. 7 (Reuter).—The House of Commons to-day agreed on the reply to the King's address, after rejecting by 220 votes to 31, a Liberal amendment assorting that the Government is not taking adequate measures to develop export trade.
Mr. R. S. Hudson, Secretary for Overseas Trade, replying in the debate, declared that the war was going to be a "Cash and Carry" one.
The. requirements of the Servicen and the civilian industry and of raw
materials were fuflaitely greater than British Blockade
ever, before, and the Services had to realise that if they wanted a con- Einuance of supplies we should have
to export and pay for them.
Public Must Rosliss
tu
to bis
The public also would have .realise that there was bound
shortages of some arileles.
The issue of the war depended on whether we could organise our economy together with what we could draw from overeens better than the Germans, and also which Indus- trial organisation was going to stand) the atrain best,
America Reserves
Her Rights
Friday,
HONGKONG TELEGRAPH
He Wooed Her, Wooed Her
& Wooed Her
AID FOR NEUTRALS Vessels Chartered
And Protected
December 8, 1939.
Rothermore Court
Action Echo
Princess Hohenlohe
To Leave
of Commons when Mr. Georgo
But Hitler's Quest In
Turkey Is Futile LONDON, Dec. 7. (Router),~~ It la officially confirmed In ISTANBUL, Doc. 7 (Reuter).London to-day, with reference to LONDON, Dec. 7 (Reuter)—An -Hitler's latest envoy to the statement made in the echo of the recent Lord Rothermere Turkey, Baron von Lersier, has House of Commons by the First court case was heard in the Ilouse been hard at work since he Lord of the Admiralty yesterday Strauss asked the Home Secretary arrived four days ago to regain regarding the British chartering whether, in view of the revelations in for the Reich the confidence of neutral vessels, that the Ministry the cent High Court actio of ber the Turks, since Herr Franz von of Shipping has already arranged close association with the German Papen's mission is considered to employment for several millions deportation
Chancellery, he was considering the have falled completely, according to dispatches from Ankara.
Baron von Lersner, who describes himself as "representative in Turkey
East Club, claims that his tasic consists of better furthering Turkish-German cultural, soclni and economic relations.
the German
Near
No Short Memories
of neutral tonnage,
Hohenlohe.
of Princess, Stefanfe
Such action is advantageous to Sir John Anderson, the Homo that the Secretary, replied: "I understand neutral ship-owners in British Government takes over the that this Hungarian subject has made war risks, profits are arrangements to leave the country liability of guaranteed and not speculative, and by bent and will be salling in a few the vessels chariered are conducted days." frum port to port by the effective
of the Hoyal Navy.
convoy for In Convoys
Earlier Daylight Saving In 1940
It is not thought, however, that this The experience of recent weeks' new Nazi bid to win over the Turks suggests that the British ships pro- will have the desired effect, us the ceeding in convoys are safer from Turks are unlikely to forget in n findiscriminate German attacks than hurry the bitter experiences of the neutral vessels, travelling, unaccom
LONDON, Dec. 7 (British Wire- past.
panied on normal commercial busi- less). The Home Secretory, answer- WASHINGTON, Dec. 7 Turkish newspapers yesterday and ness,
lo-dny carried is learned attacking the
articles violently We had got to husband our re- (Reuter).It
Neutral ships are finding employing a House of Commons question, Nezl diplomats acment in British trades on the same sad that while he was disposed to 【avour an earlier introduction of that the United States has credited to Turkey, whom they hold footing as British ships in respect of Summer Time next your he thought tell the public in the last resort that reserved all rights under the directly responsible for the wide bunkers, repairs and other facilities, it unnecessary to decide the exnet
distribution, two days ago, of the which mean so much to ship-owners dute so far ahead. the manufacturers would have to International Law. in con- Turkish transition of "Pravda's even in prace time, and which become
increasingly important in war, sumers would have to do the best nection with Britain's order attack on the Turkish Press,
to stop German exports fighting for our lives," said Mr. being made through neutral
sourcer,
He thought that they had pol toj
turn over to exports and home con-
they could.
"We have got to realise that we are
Hudson,
He was perfectly certain that
we continued to export,
Jess
would certainly not survive.
un-
we
countries.
Agreements Signed
SPECIAL To the "teLEGRAPH" ISTANBUL, Dec. 7 (UP). The Turkish military mission has re turned from London.
It is officially stated that they
It is understood that the re- servation was communicated to signed agreements with the Allies for Lord Lothian, the British Am-the purchase of war materials, the bassador, for transmission to payment to be made in commodities.
U.S. Economy London.
Urged
"Pump Priming" Not
Based On Two Points
It is said to be strictly not in the nature of an open protest" and is based on two points:
1-Question of under
NAVAL INVASION THOUGHT NEAR
(Continued from Page 1.)
It is thus, clear that the system of chartering neutral tonnage by Great Britain operates to the mutual ad- vantage of both parties, states, this special commentary.
FINLAND MAY BE
WORLD BATTLEGROUND
(Continued from Page 1.)
Remedy For Ills international law (In the World War, have been undertaken to explore the Davis, Secretary of the American
the United States, as long as she was neutral, refused to accept the British blockade of Germany).
2--The United Slates really needs
some of the articles she had once purchased from Germany, including
ne percussion instruments,
It is understood that Britain 19
SPECIAL TO THE "TELEGRAPH" NEW YORK, Dec. 7 (UP)—The governing Finance Committee of the National Association of Manufac 1urers in their report state that Federal "pump pelming" has not re- medied the nation's is and that willing to make a concession on such must be replaced by governmental essentials to permit them being sent ceonomy it taxation obstacles to from Germany. private industry are to be reduced.
The report said that interest; charges on the Federal Debt this fiscal year are 43 per cent. greater than the entire arinual cost of running| the Government before the Worldi Wor..
S.A.-PORTUGAL CONFABS
LISBON, Dkc. 7 (Reuter) Colonel Reitz, the South
African
of landing troops by possibilities Parachute,
The Fins are not dismayed, for A network watchers with rifies fonded stands ready day and nigh to deal with parachutists, and th anti-aircraft batteries have already proved effective against Russian
planes.
be searching for Finnish warships off Russian warships are reported to
the coast of Sweden.
Florca Battla
Why News Is Telograms from Haparanda report
Hard To Get
Secrecy Of The
Three Services
SPECIAL TO THE "TELEGRAPH"
a nerce battle (described to be the bloodiest which has yet occurred) the vicinity of Pelasmo,
Sti
It is estimated that ' 7,000 alans were in the fleld when the battle was begun.
Kemijaervi Engagement
It is reported from Helsingfors that a heavy engagement occurred
They have already losi 2,000. The Finns are stated to be fighting with cold, methodical fury,
According to the "Afton Bladet," the Soviet steam-roller movement on the Karelian Isthmus is apparently LONDON, Dec. 7 (Reuter)-checked and may even be stuck, Minister for Native Affairs and re- Sir Walter Monckton is not cently representative at the Empire talks in London, arrived at Lisbon resigning his post as Director- to-day, and I now visiting Portugal General of Press-Censorship, of the Invitation of the Portuguese said the Home Secretary, Sir Government.
John Anderson, in the House of He will discuss matters of great Commons to-day. interest to Portugal and South Africa,
The Home Secretary was questioned particularly in connection with An-
|with regard to recent newspaper re- Rola and Mombasa.
the existence of a The Portuguese press emphasises ports claiming
Sir visit to divergence of, views between the importance of his
Walter and the Service departments, Portugal.
which had objected to the publication of news later held to be prejudicial to national Interest.
KING, PRESIDENT MEET IN FRANCE
The Home Secretary added that certain dificulties in that connection were now being discussed between him, Sir Walter and the Service
LONDON, Dec. 7 (Reuter). An departments. historic encounter took place in a French provincial town behind the Ilnes to-day when the heads of the British Empire and France clasped honds.
His Majesty King George VI enter tained President Lebrun and Daladier at a lunch at which Viscount Gort, the Duke of Gloucester and other high French and British officers were present.
Cordial toanta were exchanged, says "Reuter's special correspondent with the B.EF.
RETURN TO FIGHT
·FOR COUNTRY
HELSINGFORS, Dec. 7 (Reuter). A total of 220 Finnish-Americans, many of whom had never seen Fin- Jand, arrived hero to-day to join the Finnish army as volunteers.
GUERILLA WARFARE
(Continued from Page 1.)
the past 24 hours they do not seem to have come to grips with the main Finnish defences.
driven back.
60,000 surgical dressings to Finland. An announcement to this effect was made to-day by Mr. Norman
Red Cross,
Mr. Davis added that a nation. wide drive will probably be opened for relief contributions, which will probably, aggregate US$3,000,000.
"I do not think there is any ques- American people tion about the wanting to help Finland," Mr. Davis
added!
The Secretary of the Treasury, Mr. that negotiations are in progress for Henry Morgenthau, revealed to-day
n loan to Finland.
Break Off Relations
BPECIAL TO THE "TELEGRAPH" PARIS, Dec. 7 (Reuter)-A de- mand for breaking of Anglo-French relations with Russia
made by
Right Wing newspapers.
"Le Temps," for example, admits that aerious consequences must uny Franco-British gesture follow
solalarity with Finland, but argues that there is a "certain risk
giving a spectacle of two great powers in arms hesitating to fall in alongside with a weak and brave people who have preferred to fight rather than capitulate for a cause which the Allies are defending,"
Le Temps emphasises the effect. such action will have on neutrals and
north-east of Kemijaervi,
Three thousand Russians were the whole world.
The Journal says that it might The retirement of Finnish troops bring about a vast moral coalition has brought them to their main line around Franco-British unlan.. of defence in this sector.
Finnish Government departments
are still functioning in Helsingfors, using secret addresses, and chang- ing telephone numbers constantly in order to frustrate possible espionage. A total of 2,500 Swedes have offer- ed to serve in the Finnish forecs.
FINLAND'S APPEAL TO WORLD
[Continued from Page 1.)
methods as the Nazis, against which the British working class is united in the war now raging."
CHINA AND THE SOVIETS
Geneva Position Is Delicate
LONDON, De 7 (Reuter) — Mr. Quo Tai-chi, the Chinese Ambas- sador to London, left for Geneva last night to attend the League of Nationa meetings.
Chinese in London find themselves in a difficult position.
While naturally sympathising with Finland, they cannot fail to recognise the gratitude due to the Soviet for the substantial help offered to China In
The statement declares that British Labour, in the light of recent events, Reports by Italian_correspondents repudiates utterly the claims of Hus- the struggle against Jupon. from Felsamo, they set the town a working class movement, Interpreter state that before the Finns withdrew sin to be the leader of the world's of Socialist principles, and custodian
ars, leaving the Russians with a heap
of rulas.
About 1,000 people, mostly women, children and the nged, crossed over
into Norway, and It is learned that
of International pence.
..
BAN ON COTTON OPTIONS
Planos For Finland LONDON, Dec. 7 (Reuier).—The number of the employees of, the Finnish air force has taken delivery BOMBAY, Dec. 8: (Router).The nickel mines, including Britishers and of some 50 or 60 Italian planes. Governor of Bombay, according to on Canadians, are also safe across the
British faciaries will be sending 30 offelal announcement, intends in the border.
Aghter aircraft to Finland shortly, next day or two to make an act de- Soviets Touch Main Defence Line and also a large quantity of war claring vold options in cotton along
On the southern and central materials.
the lines of the Ordinance issued on frontiers, the Russians are sull try Orders for these were placed soine-September 22. fing to push the Finns back.
time ago, and shipments will be in emphasised in London.
The Brilish - Government has no connection with these shipments.
:
The Ordinance prohibited option
violent fluctuations in prices.
They left New York early last This morning a Red communiquerutalment of private contracts, it is business in cotion in view of the month when it became apparent that claimed that Soviet troops had plerce the Russians were eager to pick a od the famous Mannerheim Line.
The Finns deny th nhd neutral quarrel.
News of the Soviet invasion of reports suggest that Russians have Finland reached the contingent while merely mado contact with the Line they were at sen. -
[at one or two points
FORMER CHINA STATION
PILOT IS KILLED
LONDON, Dec. 7 (Reuter).The Admiralty casualty list contains, among those killed on active service, Squadron Leader PM. Watt, former adjutant of the air units aboard H.M.S. Hermes which was formerly attached to the China Station...
Squadron Leader Walt WEI years later to No. 17 (Fighter) famous glider.
Squadron, Yoavon, illo was after Squadron Leader P. MacGregor wards a fisi instructor at No.1
Crops On Credit For Finns WASHINGTON, Dec. 7°⋅ (Router). -President Roosevelt hopes that he will be able to help the Finns by supplying them with surplus crops on credit,
Under-Secretary For Air Back
LONDON, Dec. 7 (Router).-Cop-1 tain Harold Balfour, Under-Secretary, of State for Air, arrived back in England today with the Australian Alt Minister.
He bad, flown from Canada, and salt he whe amazed at the united
STOCK MARKET'S |
FIRM TONE ·
· SPECIAL TO THE "TELEGRAPH" LONDON, Dec, 7. (Reuter). Despite very quiet conditions on the Stock Exchange, the, tone was firm
H.K. Stock Market
The
following quotations were Issued on the Hongkong Stock Mar- kat this morning.
DANKS
H.K. Banks $....
1,330 b. H.K. Banks (Lon. Reg.)... £821⁄2 n. H.K. Banks (H.K. Rog.).... £841⁄2 n. Chartered £, Mercantile, A. & B. £. 2036 n. Mercantile, C. £.
East Asia $.
INSURANCES
Canton $.. Union $. China Underwriter $ H.K. Fire S
Douginses
SHIPPING
Steamboats $.. Indo-Chinas, F.$ Indo-Chinns, DS.. Shells (Bourers) 57- Waterbonts $.
DOCKS ETC. Wharves $... Docks $..! Providenta $. New Eng. Sh. Sh. Docks Sh. $..
BONING
Kallon 8/
Roubs $..
Venz, Gold H.K. Mines $.
Hotels $.
11% 11.
215 5. .390 b
.71 b
.11. 60 n.
.0.10 p.
101% n. 104 0. 1.4% bil:
17.00, n..!
105 n.
.18/6 n.. .9.90 b
.4 0. cts, sit,
LANDS
.4.09 n.
.33 b.
100 .
10.80 n.
Lands $.. Lands 4% Deb. $. S'hai Lands Sh, $. Humphreys $... UK. Realties S Chinese Estates
UTILITIES
Trams Peak Troms (old) $. Peak Trams (new)
Y. Ferries $..
14.
4.30.b...
.100 b.
101⁄2 8,
..d b.
Star Ferries $.
.044 b.
.2334 b.
China Lights (old) $.
7.03 n.
China Lights (new) $,.
.4.70 n.
.51% b.
.1821⁄2 D.
114 b.
Telephones (old) $.'. Telephones (new) $. Traellons 3/-
.24 sa.
.71% 6.
.18/3 .
Tractions (Pret.)
.18/0 n.
.. ILK. Electries $. Macao Electrics
Sandakan Lights
- INDUSTRIALS Cold: Macg. (Ord.), Sb. $..14 m. Cald Moeg. (Prof.), Sh. $..........13 n. Canton Tees $.
.1 m. Cements $...
.16 sa
.6.10 b.
H.K. Ropes 9.
STORES, &c. Dairy Farm (old) $..20% Dairy Farms (new),$. Watsons $... Lane, Crawfords $ Binceres $.
Wing On (HK.) $. Powell, Ltd. ·3.
COTTON MILLS Ewo Sh. $..
Shal Cotton Sh. $ ex. div. Zoong Sing, Sh. 3..
MISC. HK Entertainments
b. & 60. .10 b.
.8.60 3. .7% 13. 1.80 n. .41 д.
11.
20 n.
.161 n. ກ.
Wing On Textiles, Sh.
0.25 b.
Constructions (old) Constructions (now) 3. Vibro Fillog $ Ch. Govt. 5% 1925
G. Bonds
1.75 b.
.1 n
47% n.
,100 n.
.97 n. 14/0 n: .4/- 11.
II.K. Govt. 17% Loan H.K. Govt. 34% Loan Marsmans (Lon.) 's/-
** Marsmans (HK) 1/-.
RESULTS OF SERVICES GOLF MEET
The following are the results of
with gilt-edged and selected foreign the United Services golf meeting held [Government Bonds rising.
Olis recovered after the recent at Fanling: down-trend,
while the leading Industrials maintained good levels.
Wall Street was 'firm.
36 Holes Beratetu-1. Major A. B. John- stone (80-4-80) 100., Lieut. Col. II, D. Iloso⋅ (624-64)=100,
38 Hole Handicap, Capt. C. H. R Itydo (18) (G0+77)=143, ‚2; Major C. W.
WESTERN FRONT; Heane (16) (724-72)=144,
“A QUIET DAY"
1 Tidies Ilandicap (Old Course) Wing-Car Steele-Perkins (10) 00,"
ID: Halasilandicap (New Course)'--:
Veteran Prize-Lieut. Col. H. D. Tune
PARIS, Dec. 7 (Reuter) A coin-Major II. W. It. Williams (17) 70. munique issued to-day states:
"Quiet day on the whole, Patrols (9) 18.
Walt, flying instructor and adjutant School and the Central Flying School, of No. 608 (North Illding) Squadron and in 1932-83 was adjutant of the of the Auxillary Air Force since air units in HMS Hermes in China, determination of Canada to play
On his return to England, he joined full part in the war. March 1035, was, promoted in
│No. 18 (Bomber) Squadron, and "In October 1997.
Many Americans are coming for-{ Entering Cranwell as a cadet in 1984-35 was adjutant of No. 657 ward and offering themselves for ser- on either side. Infantry along the January, 1025, he was posted twol (County of Durham) Squadron. vice with Canada; he had been told. Thine."
Long Handicap Prize-Capt. J. Holy (21) 773-471)==144.
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116%
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