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THE CHINA MAIL, WEDNESDAY, NOVEMBER 26, 1952.
Sitting On The Fence
By.... NATHANIEL GUBBINS
THAT about having a cosh boy in your home for Christ- mas? The iden occurred to me after reading a report by a London magistrate on juvenile courts.
In one of these the chair- man paid the fine of a young thug, called
naughty him a tlo fellow and wished him a happy Christmas.
If this is the official attitude towards thurgery, then every right-minded citizen should help by entertaining at least one cosh boy during the jolly fes- tive season,
..
Here are some hints on how to make the naughty little fel- low feel at home.
The Christmas tree should be hung with coshes, doggers and bicycle chains.
All crackers should be loaded with small hand grenades. This ought to make the Christupas dinner go with a bang, H.
han Christmas Eve, Father
from Cosh
Christmas, an old lag Dartmoor, should all the boy's stocking with drearm", jeminles and explosives for blowing up safes.
Christmas games should played with marked cards,
bc
Haye plenty of old ladies staying with you. Cosh boys can't resist of ladies. If you want to make the boy happy. you must let him play with his toys.
Have an ambulance ready to take the old ladies to hospital,
★ ✰
☆
leaves, When the cosh boy the morning after Boxing Day, £i note and wish give him him a happy New Year.
senseices If he knocks you with the cash from the Christ- mas tree, and takes the rest of your money, you can at least tell yourself (if you recover) that you have given a poor little social misht 0 happy Christmas,
1.8. If you would rather have a
Christmas yourself, happy either don't have the cosh boy,
If you feel like this, remem- ber the story of Ranby Lovely, the six-year-old black and white cow that broke the world record for butter fat production.
Ranby Lovely has
never
bothered her pretty head about
A
rewards for hänest endeavour,
without Modestly, and thought of personal gain, she has produced in a year enough butter to provide rations for 283 people. Indifferent to praise or blame and content with the same rations as other COWA Bho hos done more than her duty.
and
men
Yet fame has come to her un- sought. Photographers B.B.C, television camera were there to record triumph.
her
If you do your duty modestly and patiently, dike Ranby Love- come to you as ly, farie muy you sit on your office stool. Any day the manager may give you another ledger to look after.
Although your triumph will not be photographed of tele- vised, you, like Ranby Lovely, will have, the satisfaction o! knowing your work is appreci- ated even if, like Ranby Lovely, you get nothing else.
Virtue is its own reward,"
Once quoted an industrial
Lord.
"And those who ask for many
riser
"Are certain of some, sharp
surprices. "Contentment
allows
with your tot
"Efficiency in men and cows, "And those who grumble, nark
and sucer
"Can get the hell right out of
here."
•
And don't forget in any crises To do your morning exercises,
-London, Express Service.)
"WHAT DREADFUL MAN IS STILL WAITING
OUTSIDE FOR AN ANSWER!!!
COMMONWEALTH PRIME MINISTERS' CONFERENCE-2
to
old
THE
or hire a fly-weight boxer
one of the dress up as ladies and see what happens.
My Real Self
By Her Highness Queen Lottie, The Devil Cat
ness.
She will tell of:-
the
Her first romance with tough, battic-scurred American
unger
he
dustbin
Gimmings
London Express Service
PROBLEMS OF
CONVERTIBILITY
·LTHOUGH the Com- monwealth Prime Ministers
are ex-
in
60
(By A Special Correspondent)
reserves-fell
BALANCES
from was imperative, tho
**
high enough to satisfy all the sterling countries' dollar needs. And before this can be done, the sterling area must earn sufficient
area to
Boom City Has No Kick On Overtime
By William Hamsher
Hamburg.
ROM his high ⚫office
FROM
window, Herr Kructz- fellt gnzed out over the shimmernig Alster Lake and said: "Ja, ja, no doubt about it, Hamburg is pulling through."
Herr Kruetzfeldt likes speaking English, and seems to have caught the English habit. of under- statement. For Hamburg is doing more than pulling through. It has achieved a degree of recovery that is astounding.
The city's prosperity in- dex needle was bobbing on the 100 percent mark of in-' dustrial ~ output (compared with 1936). Now it is set fair and firm at 106 per- cent.
NOT BAD
"NOT bad,"
Herr
commented Kruetzfeldt, boss of the shipbuilders' federation, which has made the base for Hamburg's comeback. "Not bad at all for a port which, besides war damage and postwar dock demolitions, lost three- quarters of its life when it lost the German, East and the trade with the Central European countries."
Herr Kretzfeldt gazed agtin at the busy ferrics making glittering furrows on the lake. "You know," he said, "when I reflect on your policy after the lives world war i must question British common sansa,
"You took from us all our ships. It turned out to our ad- vantage. It forced us to build a brand new fleet,"
FOR BRITAIN THIS time It appears we have rother 'better by the Germans. Allied insistenco that they build no ships faster than 12
three knols ceased years ago. So did restrictions on size.
Now Hamburg
building chips for many countries. Herr Kruetzfeldt's habit, of under- stamment gave way to pride of achievement. He said:
wo building
for Norway. Sweden, the U.S., Denmark, Holland,
Greece, Peru,
are
Ireland, Indonesia-oh,
not
and of course, for Britain, But
for "Russia or Bulgaria, or, anybody like that." anyt
Two years ago the Hamburg yordy
gave work to 10,000. Re-
5,000 more men
the stocks at Hamburg ars
ing In Schleswig-Holstein yards It adds up to more than 200,000 on the way to being Inunched.
(This does not in- clude the output of Bremen, in the American
#zone.")
And
all this in well under seven years strictly from scratch,
Says Herr Kructzfcid!:
Otherwith the 50 buld-
"In ཀ་
caything sizable overri definite advantage over Britain in being able to guarantee earlier delivery dates than you could possibly manage. And we can do repairs much morg quickly, than you." Why is that?
"Of course, in England you have difculties,' Herr Kruetz- "Here they
feldt answered. don't mind putting in
time,"
over-
AM glad to announce that.
pected to devote the discussion on the future status monetary reserves. But the dollars to rebuild its depleted at the enormous expense of greater part of their time to of sterling. That report has not Colonies, as a whole, could still reserves until they are able to 2ib. of rabbit (45, 2d.) and a the problems of Common- been published, so any attempt run down their balances quite withstand all but the most chicken gizzard, I have obtained
to forecast the outcome of their considerably before reaching the violent fluctuations in trade. wealth development, other -the-exclusivo- -rights of the life.
discussion must
matter. minimum safety..level........ remain Cat, equally vital matters will of guesswork. However, it can of Loltie the Devil story
It may not be necessary, how-cently 20,000 signed on. And Queen of The Dustbins.
figure prominently on the be stated with reasonable Any discussion
tr the over, for the sterling
would have Quecen Lottie calls her story agenda for their conference assurance that a good deal of the possibility of freeing the pound attain this exalted position before pain, but for the
Florted, Hore Kruetzfeldt ox- "My Real Self," and in this, the
tomorrow,
enthusiasm!
shertoge ⚫ expressed last January mast vivid, lopical, and reveal-
by
nendemic, how- attempting, a limited experiment must semain the many ol
of steel plates that is troubling ing royal story ever printed, she
Dominions for immediate con ever, until the sterling aren, as in convertibility. Total sterling shipbuilding firms just now. Next to the need to will write of her remarkable
ac- vertibility has by now evaporated. a whole, has achieved at least a balances are lower now than al FROM SCRATCH life with intimacy and frank-celerate economic develop-
balance in its pouments with the any time since the end of 1943, The reason for this can be rest of the world. ment within the sterling
The Commonwealth countries can arca,
the Commonwealth seen in the recent movement of
be relied upon, to exercise The aim of sterling area policy Finance Ministers, at their the balances held in London by
the self-governing members since the January.
restraint, and arrangements could meeting of meeting in London last
tons probably be made to prevent a the sterling of
area: These Commonwealth Finance Ministers January, stressed the im-
down of the rapid drawing balances which form the has been to achieve this balance
£842 million held (on June 30 cat, Manhattan Mouser, and the portance of making sterling bulk of these countries' "foreign in the second half of 1952.
convertible
Il Inst) by non-sterling countries. eur-currency" of Iodal cats at their a freely
Ministers The balance of payments con- meeting.
rency. And, as was
shown £2,102 million in June, 1851 to declared, that this should includu dition should not be too dimeult in the previous article, the £1,513 Lottie's Arst Impression of
to full at the present reduced million in June, 1952. at least a balance with the doilar level of trade; for the time being, Manhallan Mouser. "Although two problems are closely And, since then, they have prob- area within the same period.
wasn't quite the gentleman, tertwined.
at least, the drain on the gold ably been even further reduced. ne was guy and reckless and his
rezerves has been halted. And whiskers ware divine."
The United Kingdom, for its s For the possibility of a The secret
irysl, The best way to make sterling
part. achieved this objective disastrous flight from the pound, tu establish the when The Mouser first declared strong and
during the rst half of the year this should prove to be less of i love for the young queen,
economies of member countries
and even earned a modest a bogey now than at almost on a sound and stable basis, and how she boxed his ears.
time Certain factors were
since the of WHEN
1043 these reserves were surplus.
were any The full and exclusive descrip- as to prevent the recurrence of
It the recent crises, the Finance Ministers
abnormally high, the self- operating in the first half-year devaluation, tion of Manhattan Mouser an a
said, was to secure a higher level overning sterling countries not which are not expected to benefit strength of sterling in the world's gultor. (This is guaranteed to
the sterling unnaturally wanted them to be the UK. balance of payments to exchange markets is anything to of trade between be clean.)
The the
the judge by. same extent during The Mouser's remark to area and the rest of the world. made freely convertible,
And this alm friend. "She's certainly got what
could best be United Kingdom, which would current six months; but Ministers achieved when sterling
was then have had to find gold or appear to be conndent that the into all the foreign currencies against further position will be held between freely convertible world's main currencies.
drawings сл the Dominions now and the end of the year. sterling balances,
Just as naturally opposed convertibilliy. It is unlikely, however, that HIS, of course, is not to my these balances have the rest of the sterling area did that the time la ripe de con- been reduced to a more normal so well in the first half of the vertibility In Its widest
Dominions-with the year. Remedial measures to But the Commonwealth
well decide to these countries as always, an outspoken came later in
move one step nearer that advocate of immediate con- than in the UK.; but import cuts objective. They could do this by What romance with a cat
for vertiblity
the area sterling-have should by now
in which be having able sterling" may be Manhattan Mouser means to
effect #
on their to the vlows of substantial access to the output of North moved nearer young and bonutiful giri. (This
balance payments position. All freely bought and sold to in- An America,and
other important the UK. authorities. be clean.) regions and to adequate resources
all, it appears likely that the clude the dollar countries; "My Real Self," beginning of external capital for develop-
But the problem now takes a Finance Ministers objective will widening the
"spread" of the next week, is the enthralling
sterling from official' rates for different form. Or, rather, the be reached by the year's end. personal narrative of simple
the
to, $2.78-$2.02. concerns problem girl awed by the whirlwind
they perhaps, $2.75-$2.85; or, courtship of a
The Ministers also declared in different set of countries: While fascinating, IF
wish to be really courageous, by unprincipled, ho-cat.
their final statement that it was the balances held by the self-
giving complete freedom to the their "definite objective" to make governing sterling countries have
pound for all current transac- sterling convertible and to keep fallen, those of the dependent A
15" for the sterling area's flons, with the barest minimum It so. Their intention was to sterling territories have gone on position vis-a-vis the dollar of safeguards." work towards that goal
by rising. On June 30 last, the area, the recent atability of the
Commonwealth countries colonies sterling balances stood gold and dollars reserves is progressive steps almed at at £1,042 million, a rise of £75 definitely encouraging sign. But should, realise, however, that Board- went bomo. creating the conditions under million over the preceding six If the sterling area has managed convertibility, even on a limited. Oficial '. `relations (- continue O you sometimes feel that which convertibility could be months.
w to close the dollar gap and keep scale, can only be achieved if
friendly: the Germans Dyou are not appreciated, replied and maintained
it closed for six months, it has they are willing to create the
Invite the Military Security that you are not properly · re-
Convertiblity would therefore done so only by a drastic reduc endeavour; Tho Arst step they took was to be less embarrassing to the UK tion th its imports from North Conditions in which is "free" Board mon to launchings. warded for honest
would be able to hold its, launchings always happen on a that your genuine desire to do set up a study group of Com- Government now that the America, Including Canada, and own against other currencies in Sunthay. It makes a show for your best and give good value monwealth officials to signpost balances, owned by the golf latterly from Western Europe, a highly competitive world. And the" rivelers, *; and being on a for the money you earn is not "the road to convertiblilty” and governing sterling countries are Before the gay can be considered foremost among these is the up. Sunday does not cut into noticed by those who Einest by their report will now form the at a lovely consistent with their 'Permanently closed; however;, pression' of: indation, with all' time when they might be. your efforts!
basis for the Prime Ministers' need to maintain adequate trade must be raised toʻn level that this entails.
«rivating.
it takes and has the swellest 16 chassis in the English speaking world."
Her grand tour of the les with-The Mouser and how he laught her square dancing on the fut roof of The Sea Nest,
I also guaranteed
:
Το avold disappointment, order your copy in advance.
Tonic talk
INTENTION
66% 17HEN this state of affairs has
stated, "the countries sterling area
"Wheen reached," the Ministers
ment."
will
of the bave frcer
But
now that
the
SAFEGUARDS
04 of Canada, which re- correct their individual problems Ministers may
same
"
+
In
ENCOURAGING
present
Berise. Prime
SUNDAY SHOW · No it is that old. "Blood and Irca" Bismarcit, gazing down from his ugly memorial high oyer the harbour, sees many a line new German ship sliding into the Elbe,
This time next year German liners will be sailing to Aus tralia, and on to the West Coast
bolt
of North and South America, Then the German sea round the world will be
bo com plete.
Below Herr Kruetzfeldt's room in the some: lakeside, building is another office, Its outlook is less pleasing for those who work there. They are British and French "officinis of the Military Security Board, whose job it is to stop. German: ship buildings surning to warlike de- Bigns,
But Herr Kruetzfeldt thinks it is time the Military Security.
most
The