O.K. SAUCE
Served in the best places.
Supreme Court
Hongkong Daily Press.
ESTABLISHED 1857,
No. 22745, 號捌拾肆佰柒仟弍萬式第 日捌初月伍年未辛5 HONG KONG, TUESDAY, JUNE 23, 1931.
EVERY DAY
RED LETTER DAY
if you know the right whisky
བ་ས
19
20
21
22
23
24
25.
26
27
see that you order NED LETTED whisky
Sole Agents:
CALDBECK, MACGREGOR & CO., LTD.
(Incorported under the Companies Ordinances of Hongkong), Prince's Building, Ice House Street.
Tel. 20075.
HONG KONG, CANTON AND MACAO STEAMERS.
JOINT SERVICH OF THE HONG KONG, CANTON AND Magao STEAMBOAT CO., LTD,AND THEÛHINA NAVIGATION CO.,LTD.
HONG KONG-CANTON LINE.
Sailings from Hong Kong:Daily, at 8A.M. & 10.00P.M. Ballings from Canton: Daily, at 8.4.30 PM.
(Sundays
14.30, only
| 30.00 r.m.ani -) (Bundays
HONG KONG MACAO LINE
SPECIAL SERVICE. SAILINUS From HONG KONG-Daily at 8 am, and 6,30 p.m.
(Sandays 9 a.m. only), BAILINGS From MACAU --Daily at 3 a.m. and 2.00 p.m.
(Sundays 4 p.m. only). 'SPECIAL SALOON FARES.
WEEK DAYS.-Singler $3.00, Ratam: $3.00. SUNDAYS and EXCURSIONS.-Single: $2.50; Rotara:84.00.
EXCURSION TO MACAO;-
ON SUNDAY, THE 28TH JUNE, 1931 8.8. "BUI TAI"
Will depart from the Company's Wing Lok Street Wharf at 9 A.M., and from Macao at 4.00 P.M.
NOTE-All Steamboat Company'e'Steamers are fitted with Wiraloss.
NSURANCE
The
Ocean Acoident
and 'Guarantee'
Corp.,
Ltd.
Hong Kong Bask Bldg. Telophono:
28011,
MOTOR CAR OWNERS
SECURE · AN
'OCEAN” COMPREHENSIVE POLICY
FOR
FULL PROTECTION.
DIARY OF LOCAL EVENTS.
To-day,
H.R.H Prince of Wales born,
1904.
Rotary Club Tin; Speaker: Dr. Mistowski on Trinity College and its Work."
Dr. Mistowski's, talk on Music, City Hall, 5-15 p.m.
Queen's Theatre: "Reducing" World Theatre: "Arizona Kid." Star Theatre: "Cameo Kirby." Central Theatre: "The Cat
"Creeps.”
ני
King's Theatre: The Royal Family of Broadway."
Majestic Theatre: "The Big Trail"
Dances: Dinner Dances at H.K. Hotel and Peninsula Hotel.
3fails:-Inward:
Europa via Siberia (Chenonceaux). Out- ward: Europe via Suez (Chenon ceaux) 1.80 p.m.; Europe via Suez (Achilles) 2.30p.m.
Tides-High at 3.34 and 14.27; Low at 8.28 and 21.51..
Registered as a Newspaper at the General
Post Office in the United Kingdom..
gkong
BT Barra
Managing Divortar
N. LAZARUS
OPTICIANS
Queen's Road Central-
XÃO Ba¤A#40 Price Single Copy, 10 cts.
AMERICA'S ECONOMIC
CRISIS.
ABANDONING HOPE OF AN EARLY
RECOVERY.
SOME FACTORS THAT PROMPTED THE.
MORATORIUM OFFER.
In view of President Hoover's suggestion' of a World War Debts and War Reparations Moratorium the following article on America's economie position, written a month ago for the London "Daily Telegraph" by Mr. Percy 8, Bullen should be of interent. : Distress and inreat have overtaken the United States to an extent not realized by the reis of the world, which thinka of America in terma of millionaires, gangsters and Hollywood films, New York-Two years ago the. American public were asleep-drug-
Gloom Everywhere.
Six months ago it was estimated
ged by prosperity; To-day a few that America's business was from still slumber, but the majority have 15 p.e. to 20 pic. below normal.. been rudely awakened by the ahock Today it is better and worse in. of an economie earthquake.
spots, but the figures quoted are
Here is the situation in a nut-practically the same. A quiet sum- shell. The Wall Street smash of mer lies ahead with the prospect--
STOP-
Wednesday.
(June 24.).
St. John the Baptist. Midsummer Day.
AND BUY "CHOPSTICKS’
SPECIAL ILLUSTRATED FLYING NUMBER.
unless things improve considerably of the worst winter in the United States on record. There is no longer a tendency bero to ignore these facts and to represent that all is well-"just another slump to be succeeded by a boom."
1020 was only a symptom, and not the primary cause of a tidal wave of depression which has struck all classes. Every economist agrees now that the smash, with its toll of industrial casualty and human misery, was bound to occur some time, and that it represented a big ·Business is båd. Many dividends accumulation of causes to which have been reduced and others have, the public were blind and which been suspended, Bankruptcies have inevitably paved the way to disincreased everywhere, many shops hitherto doing a flourishing trade
Cambridge Easter Term onds Lawn Tennis:"B" Division University Recreio, U.S.R.O. . Indian R.C., Kowloon 0.0. Hong Kong C.C., Nippon Club .M.B.R., Chinese RC. v. Craigen- gower, South China Civil Ser- vice. C Division: Army T.
. Indian R.C., Hong Kong 0.0. v.. Craigengower, Chinesa R.C. v. Uni-aster. versity, Deutscher Club v. Recreio, Kowloon Indians v. Kowloon C.C., 1
Some of them were strictly in the cities have been closed, and Civil Service Radio Sports Club. national-a gradually rising tide last year suicides. (largely attri- Water Polo: First Division: of unemployment due to thebuted to business difficulties) in T.R.C. v. Chinese Athletic, a p.m.; efficiency of mass production by creased 25 per cent. above those in Second Division: V.R.O. “”® Kowloon "A," V.R.C. "B". machine, reckless speculation in the peak year of prosperity. Twelfth Henry Battery, Royal' which people everywhere were parti- Artillery, 6.30 pm.
*.
The resulting depression is as
jcipating, a great ern, of extravag- Į abnormally, aggravated, to-day as ance and wild living. But other was the optimism of the autumn of causes, as we see now, were directly 1929. Then America spelled Utopia. The Catreinted to the world-wide depres↑ Eminent business men and stock.
Queen's Theatre Reducing."- World Theatre: "Arizono Kid." Star Theatre: Cameo Kirby." Central Theatre:
Creeps."
King's Theatre: "The Royal sion with which Europe is now brokers told their clients that the Family of Broadway."
familiar.
(Contimed on Page 3.)
Lane, Crawford's Restaurants.
Lane, Crawford's
RESTAURANT Exchange Building.
Tomato Cream Soup Fried Fish Soup
Macaroni an Gratia
Boiled Chicken and Onions
Roast Bouf, Yorkshire Pudding
Cold Leg of Lamb, Mint Sauce
Potato Salad
Brown Potatoes. Boiled Potatoes
Braised Onions
Fruit,
TIFFIN $1,50.
Tea Dance
on
Wednesday, June 24th
Ten or Coffee
THE MIDGET GOLF COURSE REMODELLED, 18 NOW OPEN.||||
From 5 P.M. to 7 P.M.
Grill Room King's Restaurant.
MICKY'S MELODY
MAKERS.
King's Restaurant
King's Theatre Building
Julienne Clear Soup
Garoups Margaery
Kai Car Fan
Grilled Lamb Chop & Saratoga Chips] Ronet Eeet and Yorkshire Pudding Cold Bologna Sausage
Russian Salad
Boast Potatoes, Boiled Potatoes
Vanilla Ice Cream
Hong Kong's Snappiest || Frot.
Dance Band.
Toa or Coffee
LIFT TO GRILL BOOM 11 WYNDHAM, ST,
THE
HONGKONG
PENINSULA HOTEL"; HONG KONG HOTEL REPULSE BAY HOTEL; PEAK HOTELS --
AND
SHANGHAI
ASTOR HOUSE HOTEL; PALACE HOTEL;
HOTELS, LIMITED."
IN ASSOCIATION WITH THE GRAND HOTEL DES WAGONS, LITS, PEPING.
The Only Hotel în CANTON Directly under European Management.
THE VICTORIA HOTEL
SHAMEEN
Guides and Trips arranged for
and Special Care Taken of TOURISTS,
Cable Address;
Per Month. 33.
THE HONG KONG SPORTING ARMS, & AMMUNITION STORE, 6.8, BEACONSFIELD ARCANE.
Sporting and Athletic Goods
Movie Osmeras and Accessories
Hunting Wear
Shooting Equipment
YOU
ARE INVITED TO INSPECT OUR STOOK OF
'ASIATIC, FOREIGN AND
COLONIAL·
POSTAGE STAMPS I BETS, SINGLE PACKETS. BAGS AND IN' APPROVAL SHEETS.
GRACA & "CO." DEALERS IN POSTAON STANTS PRILATENC GOODS, PICTURE POSTCARDS, TOIs, de,
10, WYNDHAM STREET, P.O. Box No. 620. HONG KONG
[8
LOCAL MAPS
Peak District,
Kowloon,
Victoria,
New Territories.
VICTORIA." HONGKONG DAILY PRESS.
Courtesy, Comfort, Service
and Luxuries of Modern Hotel Construction
THE HOTEL RIVIERA
MACAU
Cable Address :---“ Riviera, Macau."
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