The Archive · 1927

Men's Decision

Hongkong, Apr. 3.

At a combined meeting of the Oficers' and Engineers' Guilds this forenoon a resolution was passed unanimously confirming the Shang-thai decision of the officers and engineczs of the China Merchants' Steam Navigation Ca. to return to work to-morrow under protest Reuter.

Toxvo, April 2—Admiral Saito, Governor-General of Korea, has accepted the post, of Chief Delegate Hor Japan to the tripartite disarmament conference—Reuter. and the depreciation continues. Meanwhile the police issue regula tions that no forward dealings in, exchange will be tolerated and even leash dealings must be restricted under penalty of summary execution, So what is a poor broker to do?

attempt: to carry on his liable to be charged with on infringement of the regulations and promptly executed. If he ceases to do business he is faced with ruin. No wonder that many of them have decided to leave the Chinese city and open up in the Japanese Concession where they have the assurance of the protection of the Japanese police against their would. be permecutors. As many as 15 brand new exchange shops are to be sea close to the S.M.R. station, while a street off theChiyoda-dori is now given over to exchange shops dealers in silver, and restaurants, Trying Fair Words Finding that methods of terror-i ling the provincial are now trying to soothe the populace with fair words, Civil Governor Mo Teh-hui has issued 8 proclamation advising the people not to lose confidence in the feng-Pino because as soon as existing difficulties are overcome it will be restored to its original value. Few people ave likely to be hoodwinked by such statements, It would be interesting to know what the authorities have now to say on the subject of the loan of $50,000,000 which the Government attempted to float last May for "the ye-adjustment of finance in the Three Eastern Provinces," and said to. be secured on the Government land properties. The term loan was a misnomer as the procedure was that of a forced Jow. Your correspondent ig given to. understand that about one third of the amount in view was raised. How have the proceeds been applied? Have they gone into the war chest. which hag swallowed up so much Manchurian money already?

Text read from the printed page and cleaned; old type leaves the occasional error.

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