P&O B.I. E&A
COMPANIES
PENINSULAR & ORIENTAL 5.N. co.
PASSENGER/FREIGHT SERVICE
Outwarda "CANTHAGE"
"CORFU"
"CANTON"
"CHUSAN”
Leaves Londry Dua Hongkong
6th February
and February
7th March
430 April
Ind March
141 March
10th April
Via Routhampton, Port Bald, Aden, Bombay, Colorabe,
Nomewards *"CHUSAN” "CARTHAGE" "CORFU"
"CANTON"
Penang à Singapore
Leaves Hongkong
2 February
Due London
2nd Morcl
March
11th April
February
144
11th March
sta Apul
s May
Via Singapore, Pepang, t'ujambo, Bombay, Aden,
Fort Haid & London
• Also calla narweilien.
FREIGHT SERVICE
"SINGAPORE" bad. 700 Pen for Kobe, Yokohama &
"SOMALI”
Olerú
beads y 09h Frb for B'pon, P
"TREGENNA" đur 20th Feb.
Bwetten- har, Penang, Colombo. Aden Port Bald, Genos. Marseille, Havre, LOD- don, Antwerp. Stotter- dam & Hamburg Trum U.K.
With iberty to call at Belawan before or after Straile Ports and at Bombay 12 inducement offers
in Bulk. Tanks available for carriage of ou Space for refrigerated cargo, Limited Passenger accommodation
BRITISH INDIA S.N, CO., LTD.
m Jai beto
"NANTIA”
"SIDHANA" dur
3d Met
"FVITALA"
"FULTALA"
*
SARA
dur
ith Zeb. sals
stur 2/0 Feb. Mall His bela.
4th Feb
from Japan
for Singapore. Penang. Kang Calevita from Calcutta Rangoon
Steu
tot Japan
from Calcutta & S'pore fur Whampoa & Japan
troni Japan
for Singapore. flangeon, Calcutta Chittagong
P. O./8. 1. JOINT SERVICE
"OKHLA"
due to a
KAN MAN dan
"OLINDA"
salts 97
from PG. Katechi & Bombay
for Japa From Jajust ti
Singapore.
tir
Penang,
Ban-
Horlay, Narachi. TH, KOLIKORNALE Ba Kuwall
EASTERN & AUSTRALIAN S.S. "CO., LTD.
"NELLORE"
"NELLORE"
7th Feb from Australia Salls at Pet for Japan
6th Mur, for Sandakan, Salls
Brisbane, do bourne &
Flabaril. Mel-
All vessels have überly to cali at any poris on or off the route & the route & saliing are subject to change or amendment with or without notice,
For Full particulars apply to:-
MACKINNON, MACKENZIE & CO.
OF HONG KONG LTD. Telephone Nos. 27721-4.
EVERETT
LINES
EVERETT ORIENT LINE
Fast regular freight
passenger
to Hervice
refrigerator Korea,
Јарал,
Philippines, Indo-China, Siam, Malaya,
Rangoon, Calcutta and Chittagong.
"REBEVERETT"
Arrives
Saus
Jan. 20 for Singapore. Jan. 27 for Kobe & Yokohama.
"LENEVERETT"
Arrives Safts
Jan. 28 from Manlia.
Jan. 27 for
Singapore,
THE CHINA MAIL, WEDNESDAY, JANUARY 26, 1955.
CHINA MAIL
HONGKONG PUBLISHED DAILY (AFTERNOONS)
Price, 20 cents per copy, Baturdays 30 cents, Bubscription: $0.00 per month.
China and Macho $3.00 UK. Bellsh Poucastors and other countries $1.00 per month. contributioné, Kiways wel« Nows come, should be addressed to the Editor, businem communications and advertisements to the Secretary,
per
Telephone: 20611 (3 Lines). ROWLOON OFFICE: Ballbury Rond. Telephone! $2038.
Classified Advertisements
20 WORDS $4.00 for 1 DAY PREPAID ADDITIONAL INSERTIONS
$2.00 PER DAY
10 cents PER WORD OVER 20 Births, Deaths, Marriages, Personal $5.00 per insertion not exceeding 25 words, 25 cents each additional word. ALTERNATE INSERTIONS
10% EXTRA
If not prepaid a booking fea of 50 cents in charged.
POSITIONS VACANT
ACCOUNTANCY Bak Keeping. An Company Secretarymip, Costing. "Intensive Mrti
Course (For Award of iploma as Associate DF Fellow) will int you to higher status and beller salary Interesting pate-time Postal Budy with expert for future.
Coursed Quarters
namber of London
Commerce, A Ihabitute of Commerce, etc. For Fire Book.it, write now: Lon- 07. Accountancy. Monmouth Steel, London, w.c.a.. England.
اد على
WANTED KNOWN
DR ACROLL.H Foot Comfort Ser- rice, Telephße House Mezzanine) Hongkong provides the expert atled- tion your levi deserve-by London- Qualified Chiropodist
STAMPS
SOMETHING EXCLUSIVE.
Collec- burn packe in
stamps. of assorted FH 20 cents per packet upwards, An entirely New
South series, China Morning Post Ltd., Wyndham Street and Salisbury tond. Kowloon.
FOR SALE
REMOVAL PERMIT Forma
Duty-Paid Goods, 10 cents each al
S. C. M. Post."
NOTICE TO CONSIGNEES | NOTICE TO CONSIGNEES
PACIFIC TRANSPORT LANES, ING, FROM USA.
Consignade por Cothpany's Vanel 25. "CHINA TRANSPORT" Voy. w..
are hereby notified that their, cargo will, be discharged lato The Hong Kong & Kowloon Whart & Godown Co., Ltd. where it will Iio at Can- algrado a risk and, pubject to terms aid conditary of storage The Hong Kong Kowloon Wharf & Godown Co., Ltd. The, cargo wil
"LAOMEDON"
Damaged orgó ex this vessel will be surveyed by Messrs. Goddard Dougins at Holt's Wharf from 10a.m. on January. 27 and 28, 10:5, and consigneen kra requested to have their representatives prosent during the survey.
BUTTERFIELD SWIRE,
Agente.
be ready for delivery from Godown Hong Kong, January 20, 1088. ort and after 23rd January, 1993.
Optional cargo will not be landed NOTICE TO CONSIGNEES here, unless notice has been given prior to stewner's arrival but CAF ried fron part to port to the 110 port of cl to which the option extends
No cizima will be admitted after the goods have left the Company's Godown, ani ali
remaining undelivered after the 1st Pedružky, 1955, will be subject to rent.
All claims against the steamer must be presented to the under- #god on at before the 12nd Ysbruary, 1855, or they may not be recognised.
No Fire Insurance will do efesteg. Damaged cargo ex this vessel wili be surveyed in the premten of The
"CLYTONKUS“
Britain's Economic
Situation
Bewilders People
From Ronald Boxall
London, Jan, 25,
Britain's present economic situation bewilders the ordinary Briton. He finds no help at all studying various diagnoses of writers of learned articles on the subject. Yet he asks seemingly a simple three point ques- from tion: "Are we in the middle of an inflation, on the verge of inflation or in no danger whatever of inflation? Experts answer "yes" to all three possi- bilities- it depends on which expert you consult.
Damaged cargo ex this vesel will be surveyed by Messrs. Goddard & Di at Holt's Wharf 10 km. on January 25 and 29, 1955, and consignees are requested to have their representativer present during
the survey.
BUTTERFISLD & SWIRE.
Agents,
Hong Kong. January 24, 1938.
The real result turns of course on what is meant by inflation. And it is on this very point that the experts differ.
condition and should be cconomic thinking is that it bulls The experts, however, are in, mal
the nation into a state of con- treated as such. one thing. In.
fuli acceed on
Hong Kong and Howloon Whert & NOTICE TO CONSIGNEES nation, they declare, is an abnor The danger in much current (placency about inflation. It takes
Godown Do. Lid.. between Lan house of 10.00 am and 4,00 p.m. 1055. da Tuesday, in February. Consignees are advised to their Bopresentatives present during
the Burvey.
have
Canalgrees are wamed that claims for damage ur shortage may not be accepted it the damnge is not wit
Mexers. by
Goddard b veyed Douglas in the presence of Con- agrico Representatives
tim D1 appointed time,
10
"TELENACHUS“
Damaged oargo ex this vessel will
be surveyed by Messrs. Godlard & Dongina al Holt' Whart
from оп A.M.
January ta 1735. and consignees are requested to trave their representatives present durin the survey.
BUTTERFIELD & SWINE.
JARDINE, MATTESON & CO., LTD. Agents
Agenti
Hong Kong January 20, 1950,
Pacific Transport Lines, the Hong Kong 22nd January, 1935,
MESSAGERIES MARITIMES
P.O. Box 53
FAST PASSENGER/FREIGHT SERVICE "CAMBODGE" "VIETNAM"
Queen's Building
Tel: 28851
sailing Feb. 25th sailing Mar. 25th
FAST FREIGHT SERVICE
"DONAI" "ANADYR"
sailing Feb. 21st sailing Mar. 13th
The most brilliant event of this decade. England's distinguished artists
• Sir Lewis Casson In a recital of Shakespeare and peotry
Dame Sybil Thorndike
at the
EMPIRE THEATRE
on Wednesday, 16th February, at.9.30 p.m. Seats may be reserved now at International Films, Ltd., 107, Holland House, Tel. 21832.
MANDRAKE THE MAGICIAN
UNDER WATER- AS MANDRAKE
IS PULLED DOWN BY THE STRANGE SHAPES FROM THE DEPTHS ---
FERDINAND
Penang,
NANCY
Rangoon, Calcutta
Chittagang.
(Accepting cargo for transhiprosent
Kobe/Pasan and Kobe/Okinawa)
EVERETT
THIS.IS AWFUL
Bervice Jo
STAR LINE
Fast regular freight — refrigerator
Japan, Malaya, Colombo, Bombay, Karachi .and
Forsian Gulf.
(Subject to inducement for direct cati Korea),
"STAR ALCYONE”.
Arrives Sails
Jan. 28 from Japan,
Jan. 29 for Singapore, Port Swetten. ham, Madras, Colombo, Bombay, Karachi, Basah, Kuwalt & Bahrein.
Arrives
Feb,
Salla
from Bingapore, Feb. 3 for Kobo
&
Yokohama.
(LIMITED PASSENGER ACCOMMODATION)
(Accepting ergo for transhiponosen
Kobe/Pman and Mobd/Okinawa)
EVERETT STEAMSHIP CORP
Uncorporated in the ‹Reyshia
with Limilisl
Chinese Deportmen
Queen's Building
AUNT FRITZ!--- I CAN'T GET TO
SLEEP
JOHNNY HAZARDEZAS
JOHNNY, IF YOU'RE GOING TO TRACE THAT' |[DELIVERY TRUCK, USA: | MY UNCLE'S CAR/-ITE PARKED BEHIND THE
ESHOP!!!
KIGHT? YOU STAY · HERE AND WAIT FOR
• THE POLICE AHESA/
DOESN'T MAKE SENSE I A HARMLESS OLD MAN. WITH NO ENEMIES AND NO. MONRY GETS SHOT-IN THE be BACK{{WHY,;;7:
WHY NOT?
LLOYD
TRIESTINO
EXPRESS PASSENGER SERVICE
as its starting point the pro- position that full employment and inflation go hand in hand. Rising prices, the argument runs, is the price and a small one at that which we pay for security of employment, rising production and freedom from Ceonornic con- trols.
*A
This argument is unfair well as dangerous. It implies that we have to choose between falling purchasing
In 23 days to Naples and 25 days to Genoa constantly
via
Singapore, Colombo, Bombay, Karachi, Aden, Suez and Port Said
by
NEW AIR-CONDITIONED LUXURY LINERS
M.V. “ASIA” M.V. “VICTORIA”
Specially Reduced Roundtrip Fares
SINGAPORE COLOMBO
to
Apply to
BOMBAY KARACHI
DODWELL & CO.,
13 Chater Road, Hongkong.
By Lee Falk and Phil Davis
ME GO HELP
WAIT, LOTHAR? MANDRAKE SAID TO STAY IN THE BOAT!
By Mik
si-34
By Ernie Bushmiller/
MY TALKING DOLL KEEPS TALKING IN
HER SLEEP
MAMA
DADDY
MAMA..
DADDY:
MAMA
PADDY.
„TANIE. BUSHMILLENIU,
By Frank Robbins
IP HATE AND ROBBERY AREN'T THE MOTIVES FOR THIS "MURDER, WHAT 157, MAYBE A HEART-TO- HEART TALK WITH THAT TRUCK - ORIVER CAN ANSWER-THAT-14
CELTA QUESTIONSĄ
LTD. Telephone 21113 & 28021
TALK
ABOUT
MAGIC!
Have you seen
Admiral
AIR CONDITIONERS
AND REFRIGERATORS
IGAWI
*THE JAM THAT MADE" TAKWANIA, FAMOUS" ·
BLACK MAGIC
ASSORTED
CHOCOLATES
situation
Minnel
power of our money and unen- ployment. So long as production goes on rising, we are told, In effect we can always compensate for the rise of prices by de- higher imanding (and getting)
wages thus keeping the ball of Inflation rolling.
The weakness of this theory as Mr D. J. Robarts, Chairman of the National Provincial Bank, polated out in his annual state- ment last week is that it "im- plica a precision in economic management that has yet to be displayed." In other words who Ja going
that what ensure starts out as a "mild" Inflation does not get out of hand and overdose of drugs kill the system It is supposed to stimulate..
like an
ما
But there are other reasona the fallibility of apart from economic planners why this com- fortable theory is able to break In the first down in practice. place, said Mr Robarts, such a polley one of tolerating even deliberately engendering a yearly dose of inflation is only
or
sible for a country in Great Britain's position if the rest of the world is doing much the same thing. Otherwise our ex- ports sooner or later price. themselves out of the market with consequent unemployment or our currency will have to be: devalued again to maintain the balance of payments.
WAGE BATTLE
Secondly, is it presupposes a yearly battle for increased wages, always fought and lost on the isn of trying to restore the standards of the workers Instead of that of raising pro- ductivity.
Thirdly, unless prices can be kept reasonably stable the cost of social services must constant- ly be increased, with consequent threats to solvency of the National Insurance Scheme or of the national budget.
This electively demolishes the "mdid inflation" theory, But it la not enough to show up Its wrong headedness. Something must be put in its place. The question is: éan we have full employment and still be tree from the curse of rising prices?
According to the exports full employment and inflation are not inseparable parts of tho same phenomenon. The former may be a symptom of the latter; but it is inflation and not full employment that; is the abnor- mal condition. It. happens when demand outstrips supply: In other words when too much money chases too few goods. To maintain full employment and kill the, germ of inflation it is necessary to ensure that pro- duction not only rises but rises in line with demand, both at home and abroad. It is easier, to point to a remody, however, than to my how it is to be put into effect. It requires not only the means, but the will to malco ourselves more ‘eficient.
PROFITS
It would sertably help if the Government took a little, less of Industry's profits and if, those profits were put into... uso that would result in the maximum benefit to the national economy, But ovon if the Government produced the incentive and “in- dumtrialists did everything "that, was required, of them the, offeri would be wasted, if the trade unions changed their attitude towards the “proît motiva" which is, the driving force of our economy. They souths should realise that there is
anti-social about profits; that ba | the" contrary, they are the 1921- timate: reward"" bf enterprise without which Brithin will drop Behind in the Industrial, races":
"This is the theme that fun through file your" banit man's clatements, the
I