THE HONGKONG DAILY PRESS, SATURDAY, NOVEMBER 97TH
“MELACHRINO
THE CIGARETTE ELECT OF ALL NATIONS.
We have made a reduction" on the following numbers
་་ ་
Old prices
No. 1
$4,75
Revised prices $4.25
No. 4
3.75
3.50
No 5
3.25
2.75
No. 8
No. 9
2.25
$2.25
To enjoy an excellent smoke use a Dunhill Shell" Pipe with
PERSONAL,"
H. TAREYTON
66
OR STROLLERS
(Navy Cut)..
TOBACCO
Tabaqueria Filipina,
38-40, Queen's Road, Central. (opposite to Look Hing & Co.)
SERVICE to UNITED
(93
EUROPE'S FINANCIAL IELS.
EXPERT VIEWS AT BRUSSELS.
*** NO MAGIC REMEDY.**.
The International
Financial Con- ferenceosened at Brussels, on Sep tember 29th with an address in a September 28th with an address in Eng lish by Dr. Vissering (Holland), which mates 45 pages in print. It was espe cially interesting at the points in which Dr. Vissering differs from "Brish and American views
The Joy of Living.
What is the joy of living P Stevenson ang about it exiled in the Pacificy Byron knew: 1 despite a sub foot and domestic strife; and, Scott breathed it in every line of his books, though he seldom lived far from bankraptey.
No matter whare you nor what your thing of the joy of living, if you wake up in the work may be, you cannot help: knowing some morning with a clear head, a good appetits and the renewed vigour which come from refishing sleep, and indicate a digestive system in therough working order.sqr
.1990.
INDO-CHINA
STEAM NAVIGATION COMPANY. LIMITED.
VAILINGS SUBJECT: TO ALTERATION -
SHANGHAI via Nrwało STRAITS CALCUTTA HAIPHONG HOIHOW.
“FOOSHING ".Sam. 18th Nov, Dlight NAMSANG* Tues, 30th Nov, & pa *TARBANG * Wed... Isi Dec, 10 mah
KOBR SHANGHALA TUINOTAU VIA SWATOW "HANGSANG* Thurs, 2nd Dec, Dilight- MANILA
But, unfortmately, many of us have a differ ent experience. On waking, we are too tried for anything. We have no inclination for breakfast, no appetita, no ralish for food, and a Having laid down the propositions that dread of work or exertion of any kind, the decrease in the purchasing power "of Perhaps the cause is pre-work ur worry,CALCUTTA money, was due to the action of both Gov-some une iso indulgence in food; but if the me condition arises morning after morning, it may ernments and individuals Dr. Vissering generally be traced to some disorder of the diges- Said that the first and absolutely necessary live organs. The stomach has probably been reform would be a change in the ideas and Then the liver becomes sluggish, and, the bowels
overtaxed, and food is not properly signatexit actions of Governments and peoples, fail to act. The imparities which in the ordinary HANGHAI
Too rapid dellation would bring as many course aro eliminated, enter and poison the BYE- tem, and you becomes martyrto stomach trouble, dangers as rapid Liflation itself, so that schlity, wind, Batulence, and heartburn, or MANILA. years would probably be required to resiliousness, headache, constipation and a host of fore the previous value of money. The other distreaming symptoms. first method for reducing the money in sirculation would be the amortization - Boating, Government, and municipal debași German marks and Airstrian crown Fur foreign countries, having practically b come foreign fans, with no zinking and would form one of the gravest obstacte to a return to normal conditions." (This form of foreign debt would have to be
When taken
daily, after meals, Mother deal with under a separate arrangement. Seigere Syrup tones up and strengthens the An attempt should be made to restore the stomach, and gently stimulates the liver and former gold unit and standard of 'value. bowels to healthy activity, so that normal In regard to Austria, a new bank of issue digestion is again restored, and the full nourish- must be established, and there must be ment obtained from food. Appetite returTIR, two monetary systems side by side as in meals are eaten, and enjoyed, that tired. feching China. Credit must be rationed. . An indiaper, and you soon begin to experience crease in the Bank rate would not touch the heart of the problem, especially as it would unfavourably affect production.
|
* OHAKBANG. „Thurs - Bud Deo. . Dlight. “YHENBANGTM - Fri, 3rd Dec. 3 pmo
LINE-This Line affords regular, miings to Calenta, Penang and
Blagapore ; returning from Calentia steimers: proceed via Struis and Hongkong to Japan, occasionally calling at Shang All steamers hare excellent passenger accom Atted with Electric Light and
Bury cou
and ons
LINE:-ings approximately every five days between
Shanghal sometimes calling at Swabow. Abrówka be obtained and through BI of Tading are Northern and Yangtese Forts the Shangmangy rössels with good LINEA weekly service is malings tones bosh porta every Friday,
(with miling
LINE-O
weekly for passengers, and carg calling a
st Holhow when inducement one) 322 iling For
betwee
Honelata” and Bandaran. a stoumor having up-to-date › socommodation for y Oirgo taken on through Bills of Lading for Kuadat, Jesgo Labuan, Tawao and Laind Datate debu jomalai
HAIPHONG LINE :---STRAS At such times the digestive organs call for the help which Mother Seigels's Syrup can BORNEO give them. This world-famous digestive tonic. contains the "medicinal extracts of sacre than ten different roots, barks and leaves which
xert a remarkably beneficial action upon the TIENT IN LINE aigestive system-the stomach, liver powalu,
the joy of living.
And
Men and women of all age-who have Kared the agonies of indigestion for years, and could not eat without distressing paint to follow have, with the aid of Mother Beigel's Syrup, obtained a new lease of life.
[25
Dr. Vissering" then, discussed, the pecu- liar position of the United States, and predicted that it that country continues to insist on remittances from Europe, thereThe strong recommodation of these people will be no limit to the rise in the dollar has done much towards the reputation ind because Europe is far from able to force popularity of this 50-year-old digestive remedy, ucher production and exports to an equili. Be guided by their experience, and put Mother brium, against the constantly increasing Seigel's Syrup to the test for yourself to-day, creditor position of the United States:"} Was it not greatly to be leared that very: serious complications would arise if ́the United States was not prepared to extend credit and insisted on cash payment, which would be fatal for the debtor countries and. Eventually, also, very unfavourable for the United States? ** If the course of affairs is left to its own" fäte, # fresh economic equilibrium will in the end be obtained, but in the meantime, the home of the old | civilization will lave become a hell!
LORD CULLEN ON DEFLATION. Lord Cullen regretted that he did not find himself able on all points entirely to agree with "Dr. Vissering's conclusions.
STATESsation was, in fact, an unscientific and
For, NEW YORK and/or BOSTON via Panama,
SURUGA"
5.5.
S.S
about 10th Dec.
For HAVANA, CUBA. SURUGA "
For freight space and particulars apply to
about 10th Dec.
BARBER STEAMSHIP LINES, INC., THE ADMIRAL LINE.
2477 #2478
AGENTS.
VER FLOOR- HORAL MATEOS
The most famous "Walker" in the world is
JOHNNIE WALKER
-The "Walker" that has made a track
round the globe...
JOHNNIE WALKER, JOHNNIE WALKER,
JOHNNIE WALKER,
"White Label. Over 6 years old
Red Label. Over 10 years
"Black Label. Over 13 years old. To safeguard these ages our policy for the future is the policy of the past. Fust and foremost to "see that the margin of stocks over sales, is always large, mough to maintain, our uniqus, quality
Guaranteed same. Quality throughout the World To be obtained from the Bole Agents for: China:
CALDBECK, MACGREGOR & CO., Hongkong, Canton, Bhanghai. Tien
isin, Peking, sto
SOHN WALKER A BONE LTD. Botch Whisky Distillers. HALMARNOCK, SOTTLAND." -
ill-adjusted form of taxation. The extent to which rices in any country exceed gold prices was probably a fair measure of the inflation of the internal purchasing power, and if we were to secure stability of priced we must endeavour gradually to readjust our internal purchasing, power so as to bring down.our prices to gold prices.
He fully and sympathetically realized. that the task would be even more arduous for neighbouring States than – för ”“Great Britain. The process of deff tion should not indeed be violent, but gradual; · The first stage was to cease from further in- flation, whether by the issue of more paper money or by any other..form of creation of credit by the State. The great desidera"}, tum of a world which is short of commo-I dities is economy, and economy is always harder to attain when spending other people's money. Another aspect of this question which the Conference/should con- sider was the advisability of placing the issue of paper currency outside the direct control of the State.
1774 Adequate money rates were the only wer to accomplish deflation. "High money rates, though at first sight appearing to favour the capitalist, were really's pro- tection to the consumer. Money rates formed a comparatively negligible" Bro- porpion of the cost of production, but the bulk of the cost of holding stock. High money rates therefore, terided to force out stock and to prevent speculation. Thei last rise in money rates in Great Britain appeared to have acted as it naturally should, as a considerable, stimulus to thrift.
ALL THE NEWEST
BOOKS OF EVERY KIND-
Novels, Biographies, Memoirs, Books on the War, Travel, Ast and Science, can be obtained immediately-on" publication --ni the Lowest London Prices. All discounte
deducted
40-Write for our Catalogues.
Newly published
Books, Second-hand books at greatly reduced Prices.
List of Pocket Volumen.
Recent Novels „, by the best Amhers ...at reduced Prices.
New Books At Second-hand
Prices.
"The Times Book Club,
380, Oxford Street, London, W.1.
1783
HONGKONG METEOROLOGICAL
REGISTER
Hongkong Observatory, November 26th: -
Previous On Datë¦On Dais”
Day st
st3pm 6 am 2 am
A regular service la can from March
Hongkong and Tientsin, calling at Welhalwel and
CALOUTTA
LINE
53. “NAMSANG "will be despatched on or about Nov. 30th, for SINGAPORE, PENANG and CALCUTTA.
Through Bills of Lading issued to RANGOON. PORT SWET- TENHAM, MADRAS, and DUTCH EAST INDIES.
For Freight or Passage apply to-
Jardine. Matheson & Co., Ltd.,
GLEN
BESERAL MANAGERS
AND
SHIRE
Joint Service of Steamers.
U.K-STRAITS CHINA & JAPAN SERVICE.
GLENSHANE' “GLENADE® "GLESLUCE* UGLENTARATM
GAENSHANE 'GLENOGLE'
OUTWARDA
(From New York via Fanama)
Das Hongkong
I
18th Ja
HOMEWARDS. Lesves Hongkang
about
1st Deo. 10th Dec.
Discharge
GENGA, I’DON, Axrware & Bot'dan, GENDA, London & RotterdaAX.
Movements ars subject to change without notice. For freight or farther particulaen plesat apply tườn
Jardine, Matheson & Co., Ltd. The Glen Line, Ltd.,
AGENTS.
Tal. No- 21 sub. 5. er 23 and 2095.
Cable Address
Kawakisen, Kobe.
Barometer Temperature
Humidity
20:00
71)
30.03
29.98
62
67
77
77
7-1
NNE
ESE
Bentley's A.B.C. 5th Ed.
Force
1.
and Boots's Codes.
с
In regard to exchanges, it was of no wind Direction Weat mo.e permanent use artificially to put up
Highest open-air Temperature on th Lowest open-air Temperature on 28th
the exchange of, any country than to put Weather up the thermometer Gl. golf!were feeling | Rain cold. It was, indeed, positively mischiev ous for it constituted a subsidy on im ports. We must contrive to pay our way And then our exchange would right itself.
No international currency, no attempt, to stabilize the value of gold; would be substitute for the simple, if difficult and often painful, duty of paying, dûr way. There was no magic remedyy only hard, work, and economy.. If a country once started resolutely on that road, the result- ine confidence would go no little way to hé it our of its difficulties.
BUNRISE AND BUNSET.
FORMAVIMETI
Ban
Professor Beneduce (Italy) was in lav- our of unrestricted distribution of raw}} materials as well as ola gradual amoroach!; to free trade, also of the granting of cre- 'dit to countries which have a great "capa-;] city for work. "
Sta
8.38
9811
5.38
EDth
soth
6.80
5.38
ان کے
Mr. Strakosch (South Africa), speaking December 1st on gold production and uses, said that the dro in the world, output from 1915 to
1920 had averaged 54 millions sterling. In his opinion it was neither practicable per annum. Between 1907 and 1913 the nor desirable to prevent the price of gold world consumption of gold for purposes from rising in terms of commodities. other than money amounted to 42.5 per There would be hard times and cent., and from July, 1919, to September unemployment whether commodity prices 3rd last, 66.4 per cent. of the production were kent high by allowing a grea of the Transvaal was devoted to purposes ter amount of money to circulate, or whe other than money, leaving for monetary ther deflation was practised, and it was at purposes only 33.6 per cent. The low least open to doubt whether hard times value of gold in terms of commodities had, and unemployment, concurrent with a high very materially extended the demand for level of commodity prices, were not more that meter in the East and for industrial conductive to social upheaval than unem. purposes.
ployment which coincided with lower (Continued at foot of neat column.) price
KAWASAKI
KISEN
Telephone: Sannomly
3844 8933,
(KAWASAKI STEAMSHIP CO.)
CAPITAL PAID-UP
President: Mr. Ti Kawasatz
KAISHA
¥20,000,000
Vice President: MZ K.-MATHUKAZA,~~ Managing Director: Mr. Masaya ATI.
The Company has dis hand a Large Mamber of
NEW CARGO STEAMERS
ALWAYS BEADY FOR
CHARTERS of all descriptions,
The following are comprised in the Company's Fleet
Eleven steamers of 9,100, tons each deadweight
And under the Company's manageme
Twenty steamers of about 8,100 tons deadweight each. Two steamers of about 6,400 tons deadweight each.
(Belonging to the Kawasaki Dockyard Co., Ltd)
For Chater Botas and all other particulare apply to the
192]
KAWASAKI KISEN KAISHA,
ph No. 8. Bona Koza,