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The China Mail. Hong Kong. Monday, Oct. 31. 193
Australia's Recovery.
turns
MONDAY, OCTOBER 31, 1932.
American Princess
Assists Hoover ·
Calls Roosevelt Scion To
creased the burden of her fixed debt charges almost beyond bear- ing, and that, in common equity, assistance must be given to effort to every
reduce! them by legitimate means. Authoritative financial opinion is now far rexdler than it once was to take into consideration the effect of financial operations upoñ trade and industry, and it cannot fail to recognize that every re- jdaction of the fixed interest) charges which Australia has to meet in London is likely to be re- flected in an Increase in British exports to the Commonwealth and in a corresponding benefit to British industry: Australia has
Mrs. Alice Roosevelt Longworth, ing President Hoover's bid for an still a hard road to travel and daughter of the late President other term of office is determined privation still to endure... She Theodore Roosevelt, and. America's to keep things active by all poa- will not fully regain her former only Princess, as they used to sible means to ensure Mr. Hoover's prosperity until, by co-operative call her when she was a dashing election.
Fight Democrats
FORMER SENATOR INDICTED
international effort, the trade debutante at the White House, has Mr. Hoover himself seems deter and prosperity of the whole resumed her quiet but potent role mined to fight the depression on world have been restored. But in national politics.
the same lines as an engineer
it is already possible to say with' It is rumoured that she is being would tackle a ameult bridge confidence that the worst of her used by the Republican Party building problem. He has called a troubles are over and that the re- chiefs to persuade her reluctant meeting of business and in- ward of her labours and of her brother, Theodore Roosevelt, dustrial leaders at Washing-
Junior, to return from his post aston to "organise ปี concerted: sacrifices is now within sight.
Governor of the Philippine Islands programme of action along the in order to assist
President entire business front." Specifical-- |Hoover's campaign.
ly, the conference will survey the The Republicans are worried problems of extended credit to.. Paymaster-Lieutenant S. G. H. Leyh. R.N.R., has been appointed to because the Democratic candidate business, industry and agriculture,
13 numed Roosevelt, the most with a view to moving commodities... H.M.S. Hermes for training.
famous name in, America, and fear and enabling people to buy.
Wall Street has been amazed by
News In Brief.
+
While alighting from a tramcar that many misinformed voters will in Des Voeux Road, near Eastern ballot for him, thinking that he is the turn for the better, and some Street, a Chinese boy, aged 12, fell,& member of the Republican branch traders who are trying to sell and injured his head. He was re- of the family. Hence, they believe short, expecting a fall, have been that it would be well to have one badly caught. Nevertheless, ex- moved to hospital for treatment.
of the Roosevelta campaigning for pert observers say that the market.. President Hoover.
has been going stronger than war- The Postmaster-General an
a high Re-ranted by basic conditions. There nounces the afternoon service to Several weeks ago Macau, which Sas been out of publican official sent Young Roose fore they look for a temporary lull advance, operation for some considerable velt a cable asking him to come without a much greater
home and aid his party's national and will be pleased if the market. time, has been resumed to-day.
campaign. Roosevelt replied that holds the present level of prices.
Mr. Hoover himself is staking he was deep in work and did not
This answer was everything on keeping commodity It want to come.
prices up until the election referred to "Princess-Alice."
-What Mrs. Longworth may have has been noted frequently that Street had the habit written to him is not known, but Wall the other day another cable was of losing strength every time
Hoover made received from Young Teddy, show | Mr.
A Chinese woman was knocked The Budget provides for the down by a F.W.D. motor lorry in West yesterday. complete abolition of all the im- Queen's Road port prohibitions which were im-She sustained injuries to her right posed by the Scullin Govern-leg and was sent to the Govern-
ment to correct the balance of ment Civil Hospital. trade. but are no longer regard.]
дл
op-
will leave ing that his resistance to the move timistic speech. Mr. Hoover is ed as necessary in view of the im- Mr. and Mrs. Leyh
Almost on the most sensitive about such matters, proved situation. A long list of Penang for Hong Kong on the .. was weakening. Mr. Lyons in his Budget speech articles used in the agricultural, Sarpado on November 3 and return same day Mr." Hoover designated and finally, became obsessed that He sent out investigators was able to inform the Common pastoral, dairying, and mining in the s.s. Corfu, arriving in Penang Mr. John Holiday, Mr. Roosevelt's he was the victim of a political wealth Parliament that the re-industries is exempted both from on November 26. Mr. W. Gordon, legal assistant, as Vice-Governer plot.
for the financial year Primage Duties, and from the Head of the Preventive Service, of the Philippines, a post that has several times, and when the market
of the been vacant for months.
fell recently after his speech ac- 1931-32 showed a surplus of Sales Tax. The special addition. Penang. will take charge
Depart-
This has paved the way, for Mr. cepting the Presidential nomina- £1,314,000 as against an estimal duty of half the ordinary duty Government Monopolies
Roosevelt's return. No official antion he actually sent secret agents ated deficit of £1.148,000. This is removed from a further list of rent, during Mr. Leyh's absence.
nouncement has been made, but' it to New York to investigate whether welcome result, was due mainly articles: and, on the recommen-
is believed that he will soon be there was any political chicanery
"selling" or if some traders were here to help Mr. Hoover,
America short."
Personal Pars.
If Mrs. Longworth is responsible for persuading her brother to re turn she is repaying a debt that Aucording
to the fact that the yield from dation of the Tariff Board, a new income-tax had exceeded expec- tariff schedule is being intro- tations by over £3,660,000, which duced lowering the duties on a
Mrs. G. S. Mackinnon arrived in more than compensated for ex-great number of importa, includ- the Colony yesterday on the s.a. cesses over the estimates in some ing several descriptions of tex- Nellore from Sydney after travel-she owes Mr. Hoover. items of expenditure, particu- tile goods, machinery of differing via Japan. larly exchange and payments, to ent kinds, and electrical appara-
the States. The Federal Govern- tus. Further revisions of thei Mr. C. F. Gee was among the ment, however, have not been tariff are promised as the Tariff passengers disembarking here from tempted by this satisfactory out-Board makes additional reports, the s.a. Nellore yesterday. He em- come to relax their efforts. The land these are independent of the barked at Kobe. Budget for 1932-33 provides for schedule of new duties in fulfil further drastic economies, in- ment of the Ottawa agreements,
cluding another big reduction in which will be submitted to the
a
to Washington gossip the Presi
Mr. dent promised
Roosevelt, Junior, the Philippine appointment while he was in Porto Rico." Then when the post became vacant he changed his mind.'
Young "Teddy," learning that he had lost "favour with Mr.
FIRST CHURCH OF Hoover, is reported to have appeal
CHRIST, SCIENTIST.ed to his sister, who took up the fight and won him his assignment Yesterday's Lesson to the Philippines,
Sermon.
11
Of course, nothing of the kind occurred, his speech merely having... been discounted in advance.
:
A Breathing Spell.
Wall Street is now about to take a breathing apell, and it is not likely that there will be any real advance until there is an artificial spurt about a week before election day early in November.
in
cer-
Certain specialities, however, will attract a following for special AS
reasons. The action of the direc the salaries paid to Ministers, Commonwealth Parliament
tors of the American Telephone members of Parliament, and soon as possible after the Minis of Customs returns from
and Telegraph Company Civil servants, and a cut in old-jter
Senator and "Sweeps." declaring their usual quarterly. age and invalid pensions, which Canada. The Melbourne Argus, on the reductions are now brought down to fifteen commenting
How you of England would be dividend indicates that the nine shillings a week with a saving now made, says that, taken to
"Bverlasting Punishment" was interested if a member of the dollar annual dividend' will to the Treasury of over a mil-gether with the concessions pro-j lion pounds a year. The gold mised to the Dominions in the the subject of the Lesson-Sermon in House of Lords or a former Cabinet tainly be paid this year, and, if bonus, is suspended for the time British market, they show that a all Churches of Christ, Scientist, on Minister were to be formally call business conditions do not get ed to account on a charge of mak-markedly worse, probably all 'next being, and Mr. Lyons intimated good beginning has been made in Sunday, October 30.
The Golden Text was: "Woe to ing a huge profit from the sale of year.
The American Telephone and that it will probably remain sus-placing rural production on pended until the price, of fine sound footing. Many of these the rebellious children, saith the sweepstakes tickets!
A similar situation has arisen Telegraph concern has more than gold at the Melbourne Mint falls reductions, and still more those Lord, that take counsel, but not of to £5 an ounce. There may be that will be made under the Ot me; and that, cover with a covering, here, where Mr. James J. Davis, 240,000,000 dollars ($48,000,000 at Senate, and a former Secretary for It must not be forgotten that some outcry over this decision, tawa schedules, should be of but not of my spirit, that they may who was a member of the US par) in cash reserve. but it has to be remembered great assistance to the British add sin to sin." (Isa. 30: 1.)
Mr. Lyons 13,
Among the citations which com-Labour in the Cabinet, has been two great fiscal problems before that the depreciation of the Aus-manufacturer.
was the indicted by a Federal Grand Jury the American people are still up- tralian currency in terms of ster- however, candid in his warning prised the Lesson-Sermon ling, added to the depreciation of against too great optimism in following from the Bible: "My son, and charged with making 100,000 solved. These are the satisfactory sterling in terms of gold, gives this respect. It is impossible, he despise not the chastening of the dollars (£20,000) through slottery settlement of "foreign debts” and jgold" producers a bonus far ex-points out, for Australia to im- Lord; neither be weary of his cor- operated by the "Loyal Order of the inevitable scaling down of the ceeding anything, they demanded port more than is represented rection: For whom the Lord loveth the Moose, a fraternal organisa- domestic debt structure, including when the two currencies were at by the balance of her exports be correcteth; even as a father the tion Other similar orders, Includ farm mortgages and apartment par. The reductions in the over the debt and other charges son in whom he delighteth (Prov. Ing the Knights of Columbus and house construction loans, as well the Order of Eagles, have been ac- as the tremendous bonded debt of,
the American trailways. salaries and wages of Civil ser she has to meet in London.3 11, 12)
Many economists believe, as a The sensation deepened when it vants and in the old-age and in- That, in the long run, is quite The Lesson-Sermon also included cused similarly, valid pensions will naturally pro- true. Any excess over this bal- the following passages from the voke criticism and even protest. ance would only mean that she Christian Science textbook, "Science was disclosed that the Federal matter of fact, that the Govern They are justified on the ground was getting deeper into instead and Health, with Key to the Scrip- agents are also investigating the ment, through its present system Mary Baker Eddy: cases of churches of various de- of making advances to the rail- that they correspond to the fall of out of debt. But it is not the tures," by
wholesome chastise- nominations throughout the coun- ways, is in fact, purchasing the railways, and that eventually the in the cost of living brought whole truth. The more Great Through the about by previous economics and Britain sells to Australia the ments of Love, we are helped onward, try engaged in similar lotteries.
in the m ch towards righteous Lotteries are illegal here, as American people will discover, to by the reduction in the rate of more she will be able to buy mess, peace, and purity, which are they are in England, but the Lot- their surprise, that they a interest, and, in any case, Aus- and the more she buys from Aus the aden zike Sciences (P. tery Law, like the Prohibition Law, greatest owners of rallways and tralia has now recognized the tralia the greater will be. Aus 823: 4-9.) necessity of cutting her coat ac-tralia's capacity to buy from her. cording to her cloth. By means The progressive removal of the of these and other economies Mr. barriers erected against British Lyons is able to balance his Bud- trade in Australia may be ex-.. get for the coming year without pected to stimulate trade in both
London. Yesterday. any new taxation, and to ease directions, especially now that. A Shanghai Chinese unemployed
H.M.S. Falmouth, recently com- considerably the burdens press- under the Ottawa agreements, farmer was sentenced to four
pleted to replace the ill-fated Peters- ing upon the primary industries, effective stepa are being taken to months' hard labour by Mr. Scho- on which Australia relies to pay direct trade into inter-Empire field in the Central Police Court America is a young nation still field, which struck a rock and sank, her way
The relief thus given, channels. The credit and the this morning, on a charge of as- incapable of a steady, political and north of Foochow in December with the encouraging good will which Australia enjoys sulting another Shanghal man. economic philosophy. The country 1931, made an inauspicious malden spect if a general rise in in London have been greatly en- The complainant received a cut lost its head under the terrific voyage to-day,
commodity prices and haticed By the courage with over the left eye, and four other
ad, Tim: and expected from the which she has faced her difficul
will enable ties and by the sacr
and the of them far
rilist to face the
whic
SHANGHAI FARMER SENT TO GAOL”
the
lacks the support of the people, certain other public utilities in the and is openly and violated.
world. flagrantly
A Turn For The Better, The depth of the depressioh has obviously been reached in America, and conditions now point towards a continuous turn for the better.
H.M.S. FALMOUTH DAMAGED.
duress of the last two years, and While coming out of dock at the usual national extreme Devonport the vessel fouled the wall But the rece of the basin and stove in the stern
Wall Street plates,reShe
"to docked for, re
Immediately re
ich are expect
during
pensation
back Novem