SPEECHES Tin Market
COMPARED
Hitler's Tap-Room Diatribe
Buoyant
High Prices Attainod In Forward Buying LONDON, Feb. 26 (Reuter).
LONDON, Feb. 26 (Reuter). The contrast between the
Following the International speeches of Hitler and Mr. Tin Committee's decision to fix Chamberlain was the subject of the quota for the second quarter comment in the newspapers of at 80 per cent., business was the world today.
transacted in forward tin up to In London the papers expressed £254 among office dealings, warm approval of Mr. Chamberlain's speech. Several of them, including representing a rise of £7% on
the "Manchester the official closing. quoted in their leading While some sections of the articles those passages of Mr. Cham- have discussed for none une aket berlain's speech in which he set out between 39 and 40 per cent.. the the Allied peace aims
declalon came as a surprise to the majority of tin merchants and such reduction in the quota had not been discounted in the trading.
the
Guardica"" and
The Labour paper, "Daily Herald," atso stressed Mr. Chamberlain's statement that under the present German Government there could be no security for the future,
י':
in-position la now
Market circles agree that under the new quota, production approximates Countries Must Be Frood the current consumption, but leaves contingencies. All would welcome a peace based no margin for
U.K. Stocks Comfortablo on negotiations, but negotiations must be with German rulers who can At the same time, it is not over- guarantee their honesty by freeing looked that the United Kingdom stock the countries which, they have
comfortable, as vaded.
evidenced by the readiness of the to the Poles and authorities to grant export licences This reference Czechs la also
other more freely. stressed In
Some are of the opinion that the papers both at home and abrand.
Commenting an Hilker's diatribe, Committee's declalon may have been on influenced by possible representations comments the "Daily Express"
the Netherlands interests for a Hitler's move to the left and con- trasts this with what he wrole in higher price in view of the 14 per in which he hoped to cent, decline in the value of sterling Kampf," fight Russia with British approval, since the war. posing as the enemy of Bolshevism.
Now he is fighting England with Russian support, so he poses as the enemy of capitalfam.
"Meln
No
Originality
Hils speech contained nothing but throats and displayed no originality. It was a top-room specch.
Typical of American comment is that of the "New York Herak Tribune," which
says
thut Mr.
Chamberlain did not propound peace plans, but had put forward a modest
could be obtained If, for instance, the German Army
Contrast this with Hitler's ruthless atid inhumane distribe,
says the paper. One has only to put the two speeches together to realise where lle the better conditions for Europe and the world,
Tuesday,
HONGKONG TELEGRAPH
AD. SCHEER
February 27, 1940.
Continuance MOSLEMS'
AT LARGE Of Trade Pact
But Deutschland Has Had Enough
SPECIAL TO THE "TELEGRAPH” „ BERLIN, Feb. 28 (UP).-— Return of the pocket-battleship Deutschland to a German port leaves the Admiral Scheer as the only Gerntan surface craft oper- ating outside German waters, naval circles revealed to-night.
One-third of the German sub- marine fleet-believed by ex perts to be the maximum that can be operated on the high seas at any one time--continues to prowl the waters of the North Sea and the Atlantic.
Programme
Strongly Urged By Mr.
Cordell Hull
FATE Safe With Britain But Imperilled By Nazis
LONDON, Feb, 20 (Reuter), The Calro paper, "Alirma,” in WASHINGTON, Feb. 26 (Reu-Mokhtar entitled "England and Jan article by Deputy Ahmed ter).The resolution for con- Islam," draws a striking com- Linuing the United States present (parison between the fate of trade pact programme for three Moslems under Britain and those years from June 12, which was under Nazis and Bolsheviks. approved by the House of Deputy Mokhtar relates how, Representatives on Friday, will during a visit
enjoyed every religious and cultural be considered by the Senate this pleased to observe that the Moelcins
liberty the
"and not only in India but'all week.
The resolution is expected to ports of the British Empire." receive a majority of at least eight
Deputy Mokhtar goes on to describe in the Senate.
Mr. Cordell Hull, addressing the Moslems under the Bolsheviks, "who and persecution of Senate Finance Committee, declared have oppressed their religion that the continuance of the trade beliefs and conicated schools programme was necessary to help to mosques. Such is the life of Moslems establish sound world conditions after under brutal Bolshevism.
the war.
F
Futura Dark, Unions———
"Unless we continue to maintain
the massacre
to India, he
and
and
Moslem's Prosont Paril "Regarding Nails. the human mind
These U-boats and mines, thus far, have borne the main burden of Ger- many's thrust against Britain, and are responsible for the greater part of the Allied losses.
Aerial mine-laying in believed to have oved too costly and inefficient our position of leadership in the pro- cannot imagine what Moslems might
proved in comparison with the U-boats, motion of liberal trade policies and suffer if they fell under the which also plant mincs. The Gerre upon others the need for adopt-regime. We have plenty of examples Ing such policies as a basis for post of the atrocities they commit against man air fleet, however, has had con-
the conquered without the economic reconstruction siderable success
its hombing Wa in operations,
war
Nazi
ut
| futuro will be dark Indeed,” be sak. #acred human right,” Any regard for "At the termination of hostilities, "We have no doubt that all Mos- Close Nazi Secret
there will be
lem leaders appreciate the peril an unprecedented needlem The navy has made a close oficial for world-wide and for vastly in the present moment and will find no secret the number of U-boats that
creased production of useful goods of way of escaping the threats of Bol- Nazism and of ex- Germany now has, how many she is
by Co- building, and how many have been every kind. Only if this vital need shevism and
France The opinion is held that any such sunk. I asked authorized circles to- is met can our country and all the terminating them except other countries hope for fall enjoy operating with Britain and
aggressora Is claim would undoubtedly be support-sight if there was any announcement
he concluded,"
obtained. ed by the British in view of the im- expected regarding submarine lossen.ment and higher living standards, until victory over the portance of tin as a source pf foreign "I see no reason to expect an un-
"Our interest is interest in world exchange.
nouncement," he declared. Later he
peace, which lies in the victory of refused to answer whether his state-
Britain." ment meant
there had been no Ger- inan tosses.
Well-informed neutral sources be- lieve Germany had about 71 sub- marines shortly after the beginning of the war, and is now turning out six to eight U-boats month. By the end of this year, German pro-
British Pilot Decorated
basis for the kind of peace which "Magnificent Courage” overthrew the LONDON. Feb. 20 Router)-The Noals and offered to make a reason-Distinguished Flying Cross has been able settlement.
awarded to Squadron Leader Andrew Douglas Farquhar, of the Auxiliary Air Force in recognition of gallantry displayed against the enemy.
The Air Ministry states that "Far- quhar led his
with inagni- squadron ficent dash and courage on several occasions," and during this month while on patrol brought down an enemy plane by shooting so accurately that only a small amount of ammuni tion was expended.
Mystery Radio Station
LONDON, Feb. 20 (Reuter)--Post
duction will reach a maximum rate
of two boats every three days, which is 20 a month or 240 a year.
Men, Not Ships
(In London, British naval circles pointed out that losses of U-boats! should not be measured in terms of numbers sunk, but in terms of crews that
are lost. They pointed out it takes years of experience for naval officers to become proficient at hand- ling submarines, while crews are al- ways hand-picked and highly train- ed. They claimed it was easy to build submarines but extremely hard] to build up good personnel)
Neutral sources believe that about 20 German U-boats have been the British will have to double the present rate of sinking to keep ahend of German building. They recalled the British reached a maximum rate a month of eight to ten sinkings towards the end of the World War, and boasted a war-long average' of 4% monthly,
Washington is jubilant of the reso- lution of approval made by the House of Representatives..
U.S. Loan To China
Japan Is Seriously
Concerned
TWO STEAMERS TORPEDOED
HENDAYE, France, Feb. 20 (Reu- ler).It has been confirmed that the Spanish steamier Banderas, which was reported on February 21 to have been destroyed by an explosion, was tor- pedoed by a U-boat.
SPECIAL TO THE "TELEGRAPH"
British Ship Lost TOKYO, Feb. 27 (Domei)--The pro-}
GLASGOW, Feb. 26 (Reuter),- pased new American loan to China formed the subject of comment by The 4,990 steamer Loch Maddy was the spokesman of the Foreign Ofce torpedoed in the North Atlantic on February 22. Four lives were lost during to-day's Press conference.
The spokesman warned that the und 35 survivors were picked up by loan, if granted, would be regarded warship which was believed to by Japan with serious concern, "even have sunk the U-boat. if it does not directly faster Chang- king's resistance to
Japan."
Swedish Vossol Sunk LONDON
Feb, 26 (Reuter)-It-is The spokesman & Imitted that a learned that the 3,480 ton Swedish foreign loan to, China' in upy form steamer Santos has been sunk in the would certainly strengthen the poll-northern region of the North Sea.
for Generalissima Thirty people were aboard includ-
ing a number of passengers. Chiang Kai-shek,
Once engineers believe that the new COMMON GROUND stink. These surne sources believe tical situation
British Broadcasting Company" from which anti-British propaganda was heard on Sunday night is a low power station operating somewhere in "a distant part of the Continent."
Muddled Vlows
IN DENIALS
Nowspaper's Comment WASHINGTTN, Feb. 26 (Reuter). LONDON, Feb. 28 (Reuter)-A-Commenting on the speeches made few radio listeners in Britain heard by Mr. Chamberlain and Hitler, the on Sunday a pathetic attempt to proWashington Post" finds "some com- mole or provoke feeling against mon ground" in Hitler's denial that the British Government.
he seeks world domination and Mr.
new
A radio station calling self the Chamberlain's denial that the Allies British Broadcasting Station seek to encompass the destruction of with announcements in English came
Germany and odds that "Mr. Cham-
co-operation.
on the air but gave no indication of berlain holds out to Germany a pledge where it was located.
of
German submarine building on a mass production basis is believed now to occupy about 70 of the 75 existing berths, while most remain- ing facilities are devoted to complet- ing such ships as the battleships Bis- marck and Tirpitz.
240 U-Boats A Year
Mr. Welles Off To
See Hitler
ROME, Feb. 20 (Reuter).- Is learned that Mr. Sumner Welles Is leaving for Berlin on Tuesday nights,
He saw Signor Mussolini at Venezia Palace lato this afternoon.
Up to the present it is reported that
12 have been saved.
New Stamp Will Symbolise Amity
LONDON, Feb. 26 (Reuter)-The issuing of an Anglo-French postage stamp later in the year as a symbol Hour's Talk With Duce
of Anglo-French unity is now being ROME. Feb. 26 (Reuter)-Mr. discussed between the British Post- French master General and the Sumner Welles' talk with Signor Minister of Posts and Telegraphs. | Mussolini lasted about an hour.
Immediately afterwards, Mr.seen Signor Mussolini and Count Welles returned to his hotel and de-Clano.
Immediately after Mr. Welles had Lively Italian Interest seen Count Clano in the morning, ROME, Feb. 20 (Reuter).-Italian the Italian Foreign Minister hurried Indifference to Mr. Sumner Welles' to the Palazzi Venezla and spent half the gist of the talk visit suddenly gave way to an atmos- an hour, laying t
The amouncer spoke as one Bri- "It will be Mr. Sumner Welles' to find out if this common ton to another and talked at some mission sufficient to support~~~a{-about-150-building places-are avail-clined to make a statement.. length about the British war alina." ground is
His commentary was chiefly not-peace effort, or whether
the only
able for the muddled views display-alternative is to fight to the bitter
ed.
The broadcast National Anthem.
end," concludes the paper.
ended with
the
With each berth able to handle two or more U-boats, this means that able. It is estimated that it takes about nine months to build cach boat, which gives an average of 246 that con
Some
a cách year.
A similar broadcast by a station Rhodesia's Waring of a result of the phere of lively interest after he had before Ji Duce.
purporting to be a French station has also been heard.
Roosevelt Continues Southern Tour
Contribution
LONDON, Feb. 20 (Reuter).—A communique on the recent conversa- tions between the United Kingdom and the Minister of Defence for PANAMA, Feb. 26 (Reuter)-Pre-Southern Rhodesia was issued by the sident Roosevelt is returning to Bol-Dominions Office yesterday, boa on Tuesday morning. Two des- An agreement was
was reached, says troyers will escort the U.S.S. Tus- the communique, on the financial caloosa.
aspects of the contribution of South- President Boyd of Panama will ac- cm Rhodesia during the war and company President Roosevelt through arrangements were made to use the the Canal to Cristobal, after which ground nir forces
of Southern the President will proceed direct to Rhodesia to the best possible advan-
Pensacola.
tage.
No Brass Bands Greet Arrival of
of Canadians
LONDON, Feb. 26 (Reuter).—A description of the landing of the first squadron of the Royal Canadian Air Force on Sunday at a north-western coastal port was broadcast from Daventry yesterday by a BBC observer.
The most striking aspect of the landing, he said, was its showing that Britain was really glad to welcome the Canadian airmen and simplicity.
that their coming incant a great deal to all.
There were no brass bands or cheering crowds,
formal one. It was just a case of
The men have comic from all over It was not an occasion for eye-the Dominion, fromVictoria, B.C., and wash, it was an actual incident in trom West Halifax in the east, war time and an important one,
Just Disappoarod
Must of them are members of the
Auxillary Air Force who in peace- time are lumber jacks, shop assistants
A complete squadron, trained and equipped on active service, was land- ing according to pre-arranged plans. It was a grey misty morning and the ship was close on shore when and so an. it was first sighted.
Broka Into Song
As soon as the men dicembarked they were "falien-in." As they did
The average age of the men is 22 although some of them have medals and ribbons from the last war.
Intervlowed by the BBC observer,
so they kept on bursting out into song Canadian officer onld that they did which those on shore could hear as not get a rousing send off from Canada. They just disappeared. No the ship came into view.
A song, written by one of the squa-one knew they were leaving unti dren's own officers, is entitled "We've they had gone.
After the French section of the A record- got a lovely war to win." ing of the men singing this song was quadron had fallen-in" and had broadcast by the BBC as the observer sung that popular song of the last commented, "It's got lots of kick in war, "Madelon," they entrained and were off for their camp, disappearing Although there were one or two again as they had disappeared from short speeches the occasion was not Canada.
of canals during the past month, it is understood.
To facilitate mass production, the Germans are believed to be concen- trating on the 250, 500 and 740-ton classes. Experts discount repeated rumours the Germans are building a swarm of midget U-boats since this would disrupt the present mass pro duction equipment and boata smaller than 250 tons are imperilled by the North Sea storms and have only a limited range:
Arming Our Trawlers
Tremendous Task Makes Progress
Bitter Japanese Attack
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On Sir Victor Sassoon Chantecler
SPECIAL TO THE "TELEGRAPH"
SHANGHAI, Feb. 26 (Dómei).-The prediction that the Japanese People will soon turn against their Army because of the impending economic collapse and the "belief that much is supposed to go to the Army is sticking to the fingers of the Army's higher-ups," assertedly made at New York on February 24 by Sir Victor Sassoon, the well-known British financier in China has been LONDON, Feb. 26 (Reuter). In vigorously assailed by the Japanese Embassy spokesman. the House Commons to-day, Mr.
The spokesman described Sir Jhave authorised, from a humanitarion Geoffrey Shakespeare, Parliamentary Secretary to the Admiralty, sald hat Victor's statements as a "grave standpoint, Jewish emigres, to settle
large numbers." defensive arming of trawlers and slander not only against the in the Japanese defence conating vessels in the North Sea was Japanese Army but also against proceeding with all speed.
He said that the machine guns the Japanese people," which were supplied to Finland were not so suitable for anti-aircraft de- Ienco on those now being fitted to trawlers and coasting steamers.
The problem of arming all ships, he sald, was one of very great magnitude.
the
sector in
Japanese military and naval spokes-Queon's &. Alhambrag men associated themselven with this attack, which, the spokesman re-
Starts TO-MORROW! marked, was based upon the nestump- tion that Mr. Sassoon had not been misquoted.
Jows In Shanghai - He assured the House that it was The report quoting Sir Victor has going on and was not being held up caused
surprise "painful
among
in any way by the fact that arms Shanghai's Japanese community and were being sent to Finland.
officials," the spokesman said.
Top-Spood
Working At
"In their eyes Sir Victor is a mem- LONDON, Feb. 20 (Reuter)-Bri-ber of the Jewish Race," he added. tish shipyards are filled up with orders, Mr. Winston Churchill, First Lord of the Admiralty, said yesterday afternoon.
The speed of their output will be increased, he said, and new yards will bo arranged.
Hongkong Aid For Finns
"The Japanese authorities have given serious consideration to the Jewish question and has extended facilities for the settlement of Jewish emigres in Shanghai.
"Over 10,000 Jews have been re- siding
in peace and security in the Japanese defence sector in Shanghai because of this considerate attitude of the Japanese authorities, which is based upon humanitarian grounds.
"It is regrettable that such a pro- minent member of the Jewish Race should have demonstrated such a Incis of appreciation for the Japanese attitude.
authorities
Hes have The Japaneko. A further £200 was remitted by even restricted the influx of Japanese civilians, Into Shanghal-because of telegraphlo transfer on Saturday, making a total contribution from the inevitable housing shortage such muse arrivals would precipitata, but Hongkong of 005.
The total donations to the "Friends of Finland Fund" have now reached $10,070,
Weird and Wondrous Beyond Ouliaft
CHARLES LAUGHTON ·
- VICTOR HUGO'S THE
HUNCHBACK OF
NOTRE DAME
With a cast of thousands, including
·Sir Cadria Hardwicks • Thanks Mitabell
COME TO THE
LEAP YEAR
DANCE
THURSDAY, FEBRUARY 29 EXTENSION TILL 2 A.M.
DINNER $3.00
CHANTECLER
176, NATHAN ROAD
TEL. 50021
KOWLOON
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everywhere
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