HONGKONG JOCKEY CLUB,
THR
THE CURRENCIES OF CHINA.
HANDICAPS FOR SECOND EXTRA | A' BOOK FOR THE BANKER - AND
MEETING.
T
PROSPECTS FOR FANLING.
week.
[By Ancus.}
MERCHANT.
"www.by
An ID-
[The Currencies of China: vestigation of Gold and Silver Tran- sactions Affecting China By Edward
HONGKONG DAILY PRESS, TUESDAY, APRIL MIN, 1926
THE KING AND LORD HAIG'S
FUND.
"CONGRATULATIONS ON POPPY.
DAY" RESPONSE:
A total of £395,000 was raised for Lord Kann, Member of the Shanghai Brokers Haig's British Legion Appeal Fund by Association. Foreward by Julean Arnold. the sale of poppies last Armistice Day Published by Kelly & Walah. 812.50.] American Commercial Attaché, Peking.
This figuro is £45,000 in excess of that for 1924.
A report has been issued dealing with the sums raised in various parts of the British Empire. In this it is stated that
LIMITS TO SIZE OF UNIVERSITIES.
DR. BARKER ON DANGERS OF
OYER-EXPANSION.. -
Da YOU fagl Run-down)
"Sanatogen tion which has hitherto been accessible
The weights allotted for the Common wealth Handicap (Classes "A" and "B") and the Empire Handicap, down for
Mr. Kann has written an extremely decision at the second extra meeting to useful book, which should be in the hands be held under H.K.J.C auspices at
of all students of Chinese currency; and Happy Valley, were issued yesterday that class includes all who do any kind afternoon, and will be found below. I
of business in China. It brings together hope to comment on them later in the in one volume a great deal of informa-
With regard to my remarks in yester-only in scattered publications, and much day's paper, concerning the penalties is new, at least to the general public. earned by September and The Regent
At the same time, it cannot be called in the Aggregate Stakes. I am informed light reading, and that for several good by Mr. C. B. Brown, Secretary of the H.K.J.C., that my surmise was correct.
Apart from other victories, at the Tientsin Race Club Spring Meeting, 19gs, Soptember wan the Trial Piste and The Regent carried off the Peibo Stakes. Each race was worth 500 taels to the winner. This exceeds 500, the amount calling for a 5 lb. penalty in the Aggre gate Stakes.
The handicaps follow:-
2nd Race-Commonwealth Handicap-; "A" Class: (8 Furlongs):-
100 lbs. 159
San Diego
Brigade Call
Home Call
135
Daisy Dablia
154
September
-153
Fireworks
"150
Arabian Parrot
149
Rothesay to
148
Melody Dahlia
147
Dobbin
148
The Regent
143
Wixerd
144
The Goblin (late Bundoran) 143 Tacoma
Bay of Bellingham Sandpiper
142 *141 140
Gth Race Commonwealth Handicap- "B" Class: (Furlongs): -
Boston
150 lbs.
The Geezer
150
Blue Grass...
158
Loch Rannoch
157
Tutix
156
The Gowk
150
Blotting Paper
156
Saracen
15-
Grey Streak.......
154
Reynolds
133
Golden Pheasant
132
"
District Call
151
Boy) 150
149
148
146
144
1:43
The King (late Demon
Kwantao
Barley Grass
Craigavad
Beldorney Star
Folly...
Jambu
San Diego
Brigado Call
Home Call
"Empire Handicap: 11 Miles:-
Souvenir
September
165 lbs.
184
1
180
158
153
Dobbin
131
Wimera
149
The Goblin (late Bundran) 14%
Tacoma
147
Golden Chrysanthemum
Bay of Bellingham .......
ED
143
Sunburst 'Rose
145
The Geezer
144
Boston
144
"
Blue Grass
143
77
Loch Rannoch
142
The Gowk
141
Tutix
141
Blotting Paper
140
Grey Strenk
The Gink (late Deon
Beldorney Star
Boy!
FANLING STEEPLECHASES.
139
135
GI
Dr. Pierce-Grove, Hon. Clerk of the Course for the Faoling Hunt Steeple chases, when aren yesterday," said that Whit Monday, May 24th, had been fixed for the next steeplechase meeting. There will be two races of 1 miles; two 13 miles and one of 2 miles.
reasons, the chief of which is that it maintains no thesis. In his introduction the author disclaims any intention of
Ia
tendering advice and suggesting how things ought to be." He says, "I have endeavoured to present a description of China's metallic currencies as they have been in the past, and especially how I found them at the present time." that aim he has succeeded. Such detach- ment is admirable, but it makes the work rather too much a book of reference. After all, there would be no harm in a little bias, or a mental axe to grind, if it served as a clue to historical descrip tion and problems in chain rule spread over five aundred pages and three thou- sand years.
".
It is churlish. however, so complain of a work which is packed so full of in- formation otherwise inaccessible, and is well indexed and provided with a'plos- sary to boot.
-1920.
Buckingham Palace, February 19th,
At the six conference of the Central Council of the Association of University Trechers, an address was delivered by Dh. Ernest Barker, Principal of King's College, London, on "The Proper Limit of Sire of Universities." He said that the proportion of university students to the total population varied from country on February 11th, when a total of to country. Is England and Wales it was £375,000 had been reached, a communica- about 1 in 1,500; in Bestland 1 in 400; tion on the subject was sent to the King in Germany I in 600; in the United and Queen by Captain Willcox, the States 1 in 300. Various factors deter organizing secretary, and their Majesties mised the proportion. In Scotland an sent the following"reply
educational tradition; in the United States the social vogue of universities; in Germany the concentration in the uni- "Dear Captain Willcox-It is withi the utmost satisfaction that the Kingversities of legal training and of train- and Queen have learnt from your lettering for the service of the State. In Eag- of the 11th instant of the splendid reland and Wales we were not likely to in- suite of Foppy Day 1925. To have crease our proportion of university su- surpassed the 1994 total by upwards of dents greatly; but the present, 30,000 £25,000 is indeed an achievement of might in the next 10 or 20 years become which the Appeal Department and all 40,000. How was the increased number the workers for the British Legion may of students likely to be best distributed feel justly proud; and I am command. ed to convey their Majesties' hearty over the country?
That raised the question of the proper congratulations upon the remarkable size of a university. Here a distinction success which has rewarded their un-
must be drawn between a collegiate or sparing labours:
The King was in federal university (such as Oxford cr pressed with the small sun incurred by Cambridge, or in o different way--- administrative expenses testifying to London), and a unitary university, such she amount of voluntary help given.
as Birmingham or Bristol. A federal uni- The King and Queen sincerely thackversity might attain large dimensions all who joined in the loyal and dutiful but even here, London, with its 9,000 sentiments expressed in the concluding students (mostly centred in some half- paragraph of your letter. Yours very dozen of the greater colleges) wAS TO truly, STAMFORDHAM,"
large that it was apt to become mechanical. A unitary university should, Perhaps, aim at a golden mear of 2,000 students, or an average (in rough num. bers) of about 400 in each of its main faculties. A university which largely exceeded this number might, become an agglutinative, combination of separate departments, with teachers too numerous to know one another addressing audiences of the dimensions of public meetings. It might run to sted in "organization"-ið schemes of building. The heads of de- might spend itself in great buildings or partments, especially scientiae and tech nological departinents, might be absorbed too little time for education; the students so much in management that they bad might lose that personal touch with the teacher which was the true way of learn laboratories with large-scale. plaat toc ing, and might wander in barracks of
vast to be intimate, and too dispersed
The report statis that since its begin ning in 1931 Poppy Day" results have. advanced by leaps and bounds. The totals year by year have been
as follows:-1921, £100,000; 1022, £204,000; 1923, £939,000; 1924, £350,000; and 1925, £295,000, These are gross figures. The coss of poppies is a heavy ited, as nearly 200 severely disabled ex-Service men are employed throughout the year making them in the British Legion Poppy Fac. tory. The administrative cost of the day (excluding cost of poppies) is, however, under & per cent. A detailed report, the cost of which is being defrayed by a con- tributor to the fund, is being prepared The following is a comparison between the 1995 and 1923 figures:-
1921.
There are already five, appendices, but evens, a great deal of material given at length in the text, for example in the chapter on a Gold Standard of China. might usefully be relegated to further appendices, a brief digest appearing in stead in the text of the chapter.
There are many sections of great in terest. The account of the market for gold bars" in Shanghai is vivid and the author is right in emphasising the importance of this comparaticely new de velopment, He also brings. out very clearly the advantages of the New York England and Wales, Silver Market over the London Market, and the great extent to which the Far East has turned to New York for its purchases.
To the theorist the installation of a kind of unregulated gold and silver Bimetalliam in Yunnan in 1919 is also interesting.
3:
etc.
Scotland Overscas (including Ire-
land)
251,500 75,000
1995.
60,000
23,500 44,050
£350,000 £395,000
1024
The number of poppies requisitioned in was 21,000,000, while in 1925 28,000,000 were dispatched. The County of London contributed £82,287, against £76,497 raised in 1924, and most of the big provincial centres recorded substan
19 the following table
The general picture of China's mone tary confusion which remains in one's increases, mind after reading this book is extreme shows:--
ly depressing to any friend of the
Chinese. Their copper currency, which Birmingham
Manchester
nection between branch and branch, be tween subject and subject.
to make possible a rich and fruitful cos-}
Aristotle had said that a boat was not about if it was either only a span long, or if it ran to the length of a furlong. 200,950 A. University ceased to be a University If it were spread out over too many Acres. There was room, and justifica. tion, for small universities-just as there was for small States. The University of St. Andrews only contained a few huD- drod students; but these might be just beauties in small proportions. He hoped accordingly that the growing university mean endlessly population might not growing universities, but might rather be distributed in universities of a moderate size, of which several might well be uni- For that versities of a ner creation. reason be trusted that he might yet see a University of the South-West, with its own genius, based on local needs, and yet (as all places of higher-education must be) not local, but national, and eyen international, in its outlook and its
1023.
*:
1924.2
モン
6,751
8,360
4,168
5,424
2,315
6,000
1,814
· 3,318
9,150
3,611 appeal.
is the real money of the people has been Liverpool debased and depreciated in all degrees. Shehold The subsidiary coins in aliver have like Bristol.. wise been issued and debased purely as
Hull
1,433 2,080 n profit-making business by mint officials port continues, Poppy Day has made "From its very institution," the re- who would appear to the superficial an increasingly strong appeal to Britons observer to have no morals. The Canton overseas-both in the Colonics and in Mint bas in the past been conspicious in foreign countrica. In the great self. that bad eminence, but the whole busi- governing Dominions there are, of course, ness would seem to suggest that there is association of ex-Service men, and in at present in China no body of persons in Canada, Australia, etc., Foppy Day is power who can he trusted with a blind organized by those associations for the child's penny. For the poor and indus benefit of ex-Service men in the various trious plasses are little better than blind Dominions. In the Crown Colonies, and children, and they are robbed yearly of among British people resident in other part of their miserable earnings by these lands, the effort is made through Earl swindlers. Like children they are depen-Haig's British Legion Appeal Fund, and dent on the wisdom and honesty of their for Poppy Day purposes Treland is in. rulers. Heaven help them!
cluded amongst these places. In North- ern and Southern Ireland in 1924, £6,482 was raised; the 1925 figures show an in- been obtained." Other results from over crease of £3,218, a sum of £8,680 having seas include the following:
Fortunately we know, that these prac tices are as repugnant to enlightened ideas, and that in time China deals with Chinese public opinion as to our own baul rulers in her own way, when publie opinion has reached the limit of tolera- tion. Moreover, the history al currency wan
inflation in Europe during the war and
The course has been altered and im proved. The bend at the western end has been widened and three fences removed, including the in and out, which bas caused so much heart-burning
Critics apparently lost sight of the fact that this "horse-show obstacle a natural and not made obstacle and the Masters of the Hunt were powerless to remove it as it stood on the original course. The widening of the bend, how ever, has left this fence and two others in the centre of the course, where they will be available for schooling purposed.
British Malaya
the period following it forhids Euro British West Indies peans to adopt a sanctimonious air in Ceylon... condemning these practices, for compar Gold Coast Colony...... ed with the depreciation of the rouble Kenya Colony and mark, and even the franc, the Punta Arenas (Pata- debasement of the metallic currency in gonia)
1824
SELL'S NATIONAL DIRECTORY of GREAT BRITAIN & IRELAND
1926 EDITION NOW READY You can consult this, the leading Trade Reference Book of the United King dom, at British Contalates & Chambers. of Commerce. The Volume contains special Textile and Export-Import Saction, and General List of 133,000 Traders, Mamfacturers, & Merchants; grouped under 3,500 separata trade beadings, Prica 12/6 per ans. Orders should be sent direct to the publishers: BUSINESS DICTIONARIES LTD.
4 2 1 Johanna Cars Flath. EGA London, Endiał
5,308 1,849
1925/
10,494
2,200
2,337
6,120
1,735
2,307
$3
THERESA LONG, LONG TRAIL
of
744
34
174
"The fence turning into the straight China is a were peccadillo.It is added that each year secs new
(where Kwantao fell) has been shifted further back and another brush fenes has been erected. Thus, there are now fences the first time round in place of 11.
The fat training track on outside is practically completed, which will add much to the value of the course for exer- cising purposes,
ace his way to publishing a second volume
It is to be hoped that, Mr. Kann will Poppy Day committees established in the
on the note issues of China.
SOUTH CHINA'ALA, ANNUAL SPORTS.
The 4th annual athletic sports of the On Whit Monday, the first race starta at.3 p.m. As usual, the Kowloon-Canton Association is to be held on Sunday. Railway management are running a May 2nd, on the Hongkong Football special train to enable visitors to reach Club ground, Happy Valley, under the the course half an hour before the start following open events will be included in Laws of the A.A.Association. The
the programme:—
of the first event.
outposts of the Empire or among British communitiesin foreign lands, streng thening, through their benevolent ac tirities, the ties between the Mother Country and her ecattered sons and daughters
«A QAR OR A BABY!
MODERN.DOMESTIC DILEMMA. The decline in Sunday observence was one of the subjects discussed at the clos The charge for admission to the encla sure and public stand has been reduced
Event No.17--200 mctres Championing meeting of the Free Church Assembly at Llandrindod Wells. The Rev. Griffith to $1.00 for men, woman, or child ship of the Colony. There will be the usual enclosure on the
Event No. 21-400 yards Relay Race. Jones (Bradford) "said that, motor-cari Four & side (this event is confined to all i and the golf course were the greatest rails for motor cars at a free of $5.00.
enemies of Sunday observance and the Bubscribers, application to Dr.boy scouts of the Colony.)
Obristian Church, “I know of peonie,” Pierce-Grove.can obtain two tickets, ad. mitting ladies to the Subscribers seacle
he said, who debberstely day:
Is it to be a motor-car or a baby?' sad the sure and stand.
Entries close at noon on May 10th. entrance fees. "
Tote often goes to the motor car."
Entrance fee: 81 each Event and entries close on Sunday, April 25th, at p.m. All entrics must be accompanied by
Bugs, Fleas, Flies, Beetics, Mosquitoes,
etc.,
oll killed by
KEATING'S
BRITISH
MADE
THERAPION" No.
enabled me to
do twice as much twice as well"
·COSMO HAMILTON,
"Vary true it is that you can only get cat of a machina what
you put into it, and that most intricate machine, the human, brain, needs extra nourishment to stand the strain. A course of Sanatogen la exactly what the brain and nervous systent aced to enable a man to do his best work and more of it."
These are the words of Mr. Victor Bridges, one of the best-known modern novelists. To do your best work and more of it, to forget the existence of nerves and fatigue-that's what Sanatogen will enable you to do. Because as a well-known London Physician writes: *Sanatogen goes straight to the core of well-being-the cells,
and builds these up into a permanent and solid fabric of health." -
For Sport: The fact that Sanatogen strengthens the nerves and conquers fatigue is not only valuable for daily life but also for sport. Train with Sanatogen. It enables you to keep your body and nerves at "concert pitch" even during the most strenuous game. Try Sanatogen for a few weeks then you will under- stand why so many internationally famous sportsmen use it regularly,
Increase your own health with
SANATOGEN
ALPS
The True Tonic-Food
So'd at all chemists and Stores
MILK
A Tin of Milk in the House is worth two in the Shop.
So order TO-DAY your
BEAR BRAND MILK
The Milk in the tin with the
Natural Flavour.
Sole Agents in South Chiza
A. B. MOULDER & CO., LTD.
China Building, 3rd Floor. Tel. G. 881
ASAHI BEER
SPECIALLY BREWED" FOR, HAPORT
DAI NIPPON BREWERY CO.
LIMITED.
TOKYO JAPAN)
SOLE "AGENTS:
(97
A.P.B-
MITSUI BUSSAN KAISHA ETD.
HONGKONG
WITHOUT PURE BLOOD HEALTH IS IMPOSSIBLE.
BLOOD
VETARZO
MEDICINE
Never before we there anything like it, nor droite marvellous properties likely ever to be equalled in disenses arising from impure blood. It searches cat and expels from the vítal current every lurking trace of poisonous matter, euring blood and skin diseases, scrufalous and glandular swellings, bad legs, abscesses, alcers, eczema, goat, thenma tiam, guire or Derbyshire Neck, eta It improves the general Eosith and quickly removes long-standing bronchitis, asthma and backing, straining, speamodis cough,
"too often this
• precursor of consstuption,
LIER WETHOUT HEALTH 19 LIVING DRATE.
THERAPION No. 2 VETARZO BRAIN AND NERVE FOOD.
THERAPION NO. 3
Ha, 1 for Mulder Osterk. Ex: 3. für Hood, & Tins Duomo. To. 1 Bar Cironia Talkssonar, gOGY ST
· MAS FROM, Dinkar Huy Lawn, Lose Out, on 63
ForNervvadBreakdown and ChronicWeakneső, MAVETARZO REGULATORS, Bule and Reliable den geny English Price 38. (either remedy), TE VETARZO REMEDIES CO., Gospel Osk, N.WS, London, Enge, Unprincipled (Dreslers may try to sell you something else or astra profite do not accept if - Intist on häving :VÁTÁRZO. The genu.4) his words SETÁRZO BEMEDIES' on Government Stampi. Sold by Lixadong CASH ZBEKISTA.
TROUBLER,, REDLISH
PRIGH
3/«, "ALL PHARMACIES,
ÖRDIKEÈT CE,
BÈLUKT,19
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TEKSTIRATION. BAD ODOWAN, AND ALL TÖÖT
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TENDER-AND “SORS - FOUT