A BRANDY THAT'S MORE THAN A GOOD LIQUEUR
"E" Brown Brandy
FIREST OLD
AP. WaDom & EL Long King & Line
KATABRIKHILI, AK NIE. --
Bettina in Cognac 1906218
IT'S A GLORIOUS GLOW IT HEARTENS & INSPIRES IT RIPENS & MELLOWS ` IT HAS THE WARMTH AND
RICHNESS OF THE SUN IN IT.
IT'S
66 E 99 F??
BRANDY
THE REAL THING
Specially Matured & Aged in Cognac, France, by Renault et Cia
FOR
باشد
THE CHINA MAIL, MARCH 10, 1939
The China Mail Ninety-Third Year of Publication
BA Wyndham Street, Hong Kong.
Telephone 20022
London Office:
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3 Months
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One Year
A. S. WATSON & CO., LTD. Wine Dept.
into
Australian Summer
the
While
we shiver in Winter's grip, pastures of Australia drenched in
are
sunshine.
And from this healthful land comea rich creamy butter, packed with sunshine vitamins to protect and nourish us. Enjoy this summer goodness now, Children can assimilate butter more easily than fat in any other form. All Australian butter is produced under Gov- ernment supervision and guar- anteed for quality and purity,
from all leading
AUSTRALIAN BUTTER
·H.K.Ş.9.00
.. E.K.$18.00
HL.KL.$36.00
!
[extent. Here it is that Japan may soon mèct with counter-pres- Bure for such encroachments the upon foreign privileges as conversion of Tientsin concessions into concentration camps under constant armed menace, as
the North China exchange control impositions, closure of the Yang- tse and other barefaced barricad- ing of the Open Door.
No promise or assurance has yet been given by Japan, but for which she has found a convincing reason for breaking. She can hardly complain if those injured in the process, adopt measures for self-defence.
A Peaceful Self-Portrait
Sir Henry Wotton's old-time de- finition of an ambassador as "an honest man sent to lie abroad for the commonwealth” nowadays needs some extension; in these days of totalitarian States and Ministries of Propaganda there are also the numerous and de- serving officers who lie at home for the same purpose.
Italy seems to possess one or two very competent performers, including somebody who has just asserted that it is no longer pos sible, in considering any legal as- pects of warfare that may still exist, to draw any distinction be Hong Kong, Friday, March 10, 1939, tween the attacker and the at-
Postage Abrend Katra
·MORE BRITISH
CREDITS
tacked.
That is a convention which bg- longs to the past; and in any event, it is added, of all the na- tions now threatened by one sort The political consequences as of trouble or another Italy has well as the economic importance the clearest right to describe her- of the China dollar stabilisation self as attacked.
fund to which the Hong Kong It would be interesting to see and Shanghai Bank and the Char- the argument elaborated, with tered Bank are substantially con- full details of how the vindictive tributing under British Govern-and remoseless Ethiopiana threw ment guarantee are unmistak-themselves savagely upon the able.
peaceful and unprepared Italians; China's management of her of how the Spanish Government currency, which has kept quota-waged uninvited war on Italian tions remarkably, steady for se. soil, and how a provocative France recklessly demanded slices of veral months past, has been a distinct achievement in itself. Italy in North Africa.
Perhaps it would have The tangible backing of British banking quarters is calculated to safer to have kept to the compar- inject a new feeling of confidence atively in every sphere, and notably into foreign trade transactions, reliev ing both importers and exporters of possible anxieties.
been
hole-proof proposition that there is no difference. now- adays between attack and defence. It is at least a little easier to swallow than the picture of Italy as always and everywhere the in-
innocent.
* ***
Politically, although this is the sphere of the Government and jured not of the bank, the step leaves Japan no room for misunderstand-"It Can Be Said” ing. It tells Tokyo that the con-
No doubt there is a fair amount tinued pressure on British inter- este throughout China, the glibly of the "What I say three times true" attitude about A denied but practically-persistent is efforts to squeeze out third Pow- good many approaches to the er commercial enterprise, is felt problem of the Spanish civil war, in London as an increasing in- but so far the supporters of Gen- The eral Franco in Britain seem to centive towards reprisals. powerful finance weapon of the emerge as easy winners in the City of London and great British production of bland and unblush- banking institutions in the Faring assumptions. In a letter to East is but one of many that can which the "Times" gave pride of be brought into play if Japan place in its correspondence re- compels it. The export credit cently there occurred one bright granted a few weeks ago was the bloom that will not easily be first mild intimation. The joint beaten: £10,000,000 fund now set up with British assistance is no more than the lending of additional em- phasis to that warning.
•
The policy laid down by the Prime Minister of non-interven- tion in the conflict in Spain can be said to have secured the Britain's patience, however, is universal approval of thinking far from inexhaustible and as the people in the country. situation in Europe enses, so will The operative phrase in that it be possible to pay increasing assurance is, one supposes, "can attention to the Far Eastį
be said," for obviously there are No-one seriously misconstrues no limits to what anyone "can". the potentialities of the situation, say so long as he is not tied down Japan's weakness to«iky" is not by any tedious fidelity to fact. inherently financial; though she In precisely the same way it is not exempt from the danger of "can be said" that grass is blue, exhaustion of her national capl- the sky green, water hot, fire wet, tal. Her important weakness the moon made of green cheese, lies in the necessity of finding and pigs endowed with capacity certain, materials abroad, and for flight. Whether you will get nothing she has yet done, either anyone to believe you je, of in China or elsewhere, has
an entirely different mat- the bandicap to any importa