AMERICAN BOAT RACE.
MIDSHIPMEN BEAT CORNELL ON FINAL STRETCH."
FAVOURITES CAME
SEVENTH,
Poughkeepsie, N.Y., June 16.- Upsetting all prior predictions and displaying most unexpected strength the crew of the United States Naval Academy at Anapolis to-day won the 40th renewal of the American Intercollegiate annual rowing regatta.
HONG KONG DAILY PRESS, WEDNESDAY, JUNE 24, 1931.
Money and Markets
THE DOLLAR.
THREE DROPS YESTERDAY.
There were three drops registered in the Hong Kong dollar yesterday The quotations opened with the dollar quoted at 1/0id, but at 11.30 it receded a farthing, being then at 1/ At 12.30 it dropped to 11-7/8d. and in the afternoon it Cornell University's shell was receded still further, closing at second and the University of 11-5/8d. Washington finished third;
والی
Navy's time for the race over the four miles course on the broad Hudson River was 18 minutes, 64 2/10 seconds.
The first "race of the regatta, which was for freshman crews over a two railes course, was won by the University of Washington.
In the varsity event, which began at 0.43 o'clock to-night with the water calm but the weather misty, the University of California was fourtin Other crews finished "after California in the following order:
JAPAN INCREASES GOLD
STOCK.
HOLDINGS REGISTER INCREASE OF 'X24,000,000,
Tokyo, Juno 18Increases in the gold specie stocks in the Bank of Japan were announced here to- day.
Since January 1 of this year the total of the geld specie in the Bank of Japan has increased in the Amount of Y.24,928,000, despite a Syracuse University, the Universale of Y.,000,000 worth of gold sity of Pennsylvania, Columbia to the Taiwan Bank and exporte University, the University of Wiscf gold valued at Y.12,700,000. consin, Massachusetts Institute of Technology.
Columbia's failure. Columbia, because of her excellent record this
делвол and prior triumphs over Yale and Navy | crews in duel regattas, was heavily favoured to win to-day. The per- formance of the blue and white proved to be a tremendous dis- appointment.
Cornell won the race last year and in taking second place to-day the Cornell crew fulfilled expecta- tions,
Increased gold imports from China and increased production of gold in Japan, are the reasons ad- vanced for the large specie 'stocks now held by the Bank cf Japan.
SLIGHT DECLINES IN
RUBBER..
MORE ACTIVITY IN
NEW YORK.
New York, June 17.-Fractiona! declines were registered in the course of to-day's trading on the New York rubber market. At the
In winning to-day Navy failed close the June price was quoted at 6.05, off from yesterday's close at to break the course record, which is 6.10. The futures positions were 18 minutes, 35 3/5 seconds: This correspondingly lower. Trading. was somewhat more activo with the record was established in 1928 by contract turnever for standard No. California with the samo. crow. 1 rubber totalling 58 lots ns which that year won the Olympic against 18. lots yesterday. Follow- rowing championships at Ametering are the closing futures price quotations for standard No. 1 rub- ber:**
dam..
U.S. BAR SILVER
New York, June 17-Prices were steady on the New York silver mar- At the close the official ket to-day United States bar silver price was quoted unchanged at 208.
NY, SILVER EXCHANGE..
New York, June 17-Silver prices were easier at the close of the trading" on the New York Silver Exchange of the National Metal Exchange here to-day. On contract sales totalled 350,000 oz. at 09.0 Gne as against 1,300,0000 oz. yesterday, At the close the August price was quoted at 20.00, off slightly from yesterday's close at 20.03. The other futures silver prices were correspondingly lower.
Following are the closing silver price quotations on the silver ex change:--
Month August
June 10 June 17
20.03 September 20.35 October November" December January February March April May
20.95 27.00 27.00
50.90 20.92 20,02 20.04. 26.05 Unquoted 93.03 Unquoted 0.00 Unquoted 20.87 Unquoted 26.99 27.05 26.30
EXCHANGE RATES,
[BRITISH WIRELESS SERVICE]
"Paria
New York Brussels Genevn Amsterdam Milan Berlin
Rucar, June 21.
124.27
4.60 11/18
34.00 25.09 12.00
02.02
50.35
20.49
Stockholm
18.143
Oslo
18161
Vienna radn
34.60
Prague
1041
As 125.000 persons lined the banks of the Hudson to witness the race
Menth
June 16.
June 17
Helsingfors
1831
June
6.10
0.05
Mudrid
July
0.20
6.15
Athens
.375
to-day a minute-by-minute account
Aug.
6.29
6.28
Bucharest
817
of the regatta was radio-cast to all
Sept.
0.30
6:30
1li
Oct.
6.46
6.38
Buenos Aires...
parts of the nation over a gigantic
Νου.
6.53
0,46
Montevideo.me
3 23/32 35 15/10 281
broadcasting hookup.
Dec.
€1,60
6.54
Bombay
1/62
Jan.
0.600
6.60
Fortieth Regette.
Feb.
6.74
8.07
Hong Kong
1/
The first intercollegiate rowing
Mar.
0.80
0.74
2/-4
regatta took place at New London,
Apr.
6.88
46.84.
Silver (spot)
May
7.00
0.05
Connecticut, in 1880. Cornell has won 20 times, Syracuse 5 timer,
Shanghai
Yokohama
Silver (forward)
1/21-
73 13/10
134
BOOKS and READERS accidentally bumped him over the
NEW FICTION,
TWO BOOKS ABOUT CHINA.
kotches There is drama in these sketches, but it lurks, rather too shyly, in the background. Trupo, the break THE GOOD EARN." By Pearl Bing-un of Bill's military band leads
Buck. (Methuen. 76. Od.) THE CARRER OF JULIAN STANLEY. WILLIAMS By Adrian Aling ton. (Chatto and Windus, es ed.).
FAR FROM MY HOME." By Sache vorell Sitwell. (Duckworth. 78. Bd.).
OUT OF Focus." By Jonn Haslip (Cobden Sanderson. 7. 8d.) Miss Buck's "The Good Earth, is, in fact, a novel, The career of Wang Lung, a poor farmer in Northern China in the days when the civil wars were beginning, is both moving and picturesque. He
at the end of which a drunk man'
side of the bridge. For three years more, Ho Kuang Ning resolutely remained on the spot on which ho had fallen.
Causes of Thunder.
The Emperor, no doubt, was im pressed by the Adept's magical powers of controlling the weather, but it is clear that he also venerated him as a Being from Heaven, who was in possession of immortal truth. He inquired of him eagerly a to the causos of things:
It is amusing to picture Chingiz Khan, the world-conqueror, liston- ing natiently to the sage us ho unfolded the moang by which a man can recover his "natural state" as it was before life upon earth co runted it. Even pleasant sounds and nights were forbidden. If the oves sees pleasant sights or the car to the break-up of his home, and anjos pleasant sounds, if the mouth
enjoys pleasant tastes or the natar there you have a story that is al stato is perturbed by emotions," pathetic enough; but in genered and lost, The Emperor we then the original Spirit is sontfor- Mr. Sitwell is satisfied with the are told, was delighted with his mere presentation of a still-life doctrine, but it is not recorded scene, and some randers are bound that he put it into practice. to be disappointed when so little "happons. Yet, when read care- fully, this book will be found to contain work of distinction. It is as though Mr. Sitwell had looked about him, and wondered what Mrs. So-and-So Bill or Mr. What's his-Name, who has come home from India, really is doing, and decided is lucky in his first wife, the exto follow them home, and take a poep. And then he seems to have slave O-Lan, who bears him his discovered that life very seldom children and obeys him in all arranges itself as a magazino story, things; but even the combination of and decided to confine himself & what he has seen. It is an interest- hard work and a perfect wife is ig experiment, but one not without
Yet it is a faming which is really useless against a Chinese famine, its dangers.
responsible for his ultimate success, for it sends him and his starving family to a city in the South, where, in revolutionary times, it is possible to obtain money not, per hape, quite, legitimately, but with a truly American speed. And, once back on his Northern lande, Wang Lung becomes rich and respected, though hardly so happy.
or
The Khan anked the reason of calamities such as earthquakes, thunder, and so on. The Master replied: “I have heard that in order to avoid the wrath of Heaven you forbid your country- men to bathe in rivers during the summer, wash their clothes, make fresh folt or gather mushrooms in the fields. But this not the way to serve Heaven. It is said that of the three thousand sins the worst is ill-treatment of one's father and mother. Now in this respect I believe your subjects to. be gravely at fault and it would be well if four Majesty would use your influence to reform them. The than found these words so illuminating that "he bade thon who were present write them down in Uighur characters."
A Good First Novel. "Out-of-Focus" is a first novel with considerable charm. Ite story may be slight, but it is told very well, and the writing has distinc- tion. Daringly, too, Mins Haalip makes use of letters, though in this ease all the lotters, except the last, are written by the same person. Lynch, Balfour is an English girl who falls in love with a Bungarian Count. He is married, but arranger for a divorce, Lyneth's own mar- From the modern point of view, riage is at first happy, but Toni is Ch'ang-ch'un would mrobably be re This book stamps and impresses not quite the man she had imagin-garded as superstitutions, but, itself on your memory. It is imed, and Lyneth has never quite un even when he works a miracle, ho possible to forget O-Lan, who will derstood herself, as her letters to disclaims any magical powers, and have nobody with her when her the middle-aged novelist whom she offers a noblo spiritual explanation children are born and who can die calls Socrates, clearly show. And of what he has done. On one oc- happy when she sees her eldest son's what, you find yourself wondering, casion when he had, for astrological wife And Wang Lung himself, of Socrates himself? Is he in love reasons, altered the position of the without being in any sense n-heroic with her? She with him. You are planet Mars in the Heavens, an figure demands your sympathy conscious of a growing excitement offein hastened to congratulats alike when he is simple and poor And then comes the final letter him on his magic: and when he has put on his fine written not by Miss Haslip, but by clothes and is endeavouring to live up to them, Miss Buck, moreover writes so woll and with auch under standing that there is not a dull page in her book. As for the final scene, when the old man goes back to his beloved farm to die, happy in the quite mistaken belief that his sons will not sell it, it provides the perfect ending to a wholly excep tional and lovable story:
A Failure on the Stage.
well-known man of letters, whose identity will be guessed by many. It is the right letter for Socrates to write, though some readers may wish that it could have been differ ent Miss Haslip has bogun very well.
SEARCH FOR THE SECRET.
[BY ROBERT LYND:]
"The Travels of an Alchemist ranslated by Arthur Waley. Rout- ledge. 10. 6d.
Genghis, or Chingiz, Khan is regarded by bistorians sa con- queror on a level with Alexander and Napoleon; and how great a conqueror he was may be gathered from the fact that, when he put Herat to the sword. 1,000,000 per sons were butchered within the walls of the city.
Columbia 4 times, Navy 4 times, MAN FACTOR IN "Such considerations show that when forced into a wearisome and in the thirteenth century, and hav-
Pennsylvania 3 times, Washington
3 times, and California once-
CRIME.
PLEA FOR A BETTER UNDERSTANDING.
The race was full of colour in the extreme Observation trains, automobiles, house boats, launches, steamers yachts and excursion carried the enthusiastic spectators. The 1931 intercollegiate rowing
Pleas for the better understand season will close on Friday when the stalwart crews of Harvard anding and treatment of criminals in Yale meat in their annual regatta England were made by three speak on the Thaines river near Newers on "The Human Factor in Crime" at the Mental Health Con London,
Harvard and Yale are evenly ference, Central Hall, London. matched and the event on Friday should be exceedingly close.
Attention was drawn to the ex- treme importance of taking into In the race off Poughkeepsie to consideration the deep-lying causes day Cornell pressed Navy closely behind the crime, such as heredity, until on the final stretch the mid-environment, and health, and of shipmen pulled away with a great basing treatment on the investiga tions of skilled psychiclògists, and burat of peod.
social workers. Punishment in a vindictive sense could never bo of
FRENCH MOTORING GRAND },190.
PRIX.
FAMOUS COMPETITORS.
not only must magistrates and others who have to deal with de- linquents take the human factor into consideration, and arrango if necessary for special investigation, but must themselves develop a dif- ferent attitude to that which has been common in the past.
It is not necessary to read many pages of Mr. Alington's second novel before you are in a position to make a shrewd "enough guess as to, the course which "The Career of Julian Stanley-Williams will take, The, small pretty boy who mimics his elders and betters and loves the applause which is, too lavishly bestowed will have to fight very hard indeed if his career is to be other than the most wretched failure. And Julian is no fighter.
Having conquered as much of the In the usual way he believes that he will be the perfect Hamlet, and world as it was possible to conquer second-rate theatrical career in the ing deprived an enormous number. provinces imagines that there is a
of human beings of their lives, he sent messengers across the brendth general conspiracy against him,
of Asit inviting the aged philo- His private life is just as un-sopher, Ch'ang-ch'un, to visit him. successful. He marries a fine wo To so mighty an emperor it was man, who might have become a manifestly a trifling matter that the famous actress, and is jealous of philosopher was somewhore in the such success as comes her way. He neighbourhood of Pekin while his ruas after other women, and then owo headquarters were near the begs for forgiveness. He is a cad Hindukush, many thousands of and buffoon, but deceives himself miles away. The old Chinese ex- into thinking that he is merely a pression for a journey facilitated misunderstood genius. He imagines by the emperor was, I gather from himself to be the perfect father, a footnote, a Comfortable Jour but can leave his family to live with xey and the record of the philo. the years pass he puts on fat and over a woman who has money. And as sopher's Comfortable Journey": mountains, across rivers, finds that his nerves" prevent through regions never mapped, him from working, and finally across deserts unwatered by rain or COKIES near to madness. In a dew," is contained in the present moment of frehry he kalle his mis volume. tress. This is easier to believe than the fact that in a little while be
A New Angle. "Their aim should be to find out what made the offender net as he did. Their idea should bo. not what can we do to him, but what, ean we do for him" t
Crime, might also be due to the parents' lack of sympathy and un" derstanding, or the offenders' lack of knowledge in sex matters. also kills himself. His epitaph is. Wrong Gccupations and lack of casually composed by a fellow
member of the Thespian Club. "A scope should give way to the enbaddish actor-poor chap." couragement of gifts and abilities.. Other points made by speakers
More
Cameos in Drab
How to Live Long.
If the Emperor expected to find Chang-ch'un an ordinary miracle, working alchemist, he must have been as deeply disappointed as the render will be who takes up this boolt in the name hope. By the time. Mr. Sacheverell Sitwell's first | Ch'ang-ch'un became an Adopt venture into fiction is not, I fancy, alchemy had become mysticined, and Mr. C. Clifton Roberts: "Is what many of his roaders might the Elixir of Life had come to mean The crime itself is often of little
society at last beginning to realise have expected it to be Far from a medicine against not physical, lint importance compared with the hu that it is itself largely responsible My Home" consists of nine sketches miritual death. <
The sect to which Ch'ang-ch'un man factor," said Mr. W. A. Petts, for the creation of the criminal of ordinary people doing fairly
ordinary things, and I use the word belonged, indeed-the Completely MA, M.D. We realize that we cloaca "A
"No criminal is impossible to sketches advisedly. With one ex-Sublimated Sect of the Taoiste waS Great satisfaction is expressed in must not think so much of what treat and mere punishment is of ception, they can hardly be called as remote from materialism as the Paris at the decision to hold this the offender did as of why he bo- little value.”
stories. They are written, more most extravagant doctrines" of the "Perhaps some enlightened memever, in a stayle which on a first hermits. Its founder, Wang the year's race for the Grand Prix of the Automobile Club de France,haved as he did.” “
ber of Parliament will introduce examination seems ingenuous This Madman, was a man so littlo in love which takes place on June 1, on Poor health, minds warped by legislation by which we shall in style, however, grows upon you, with life that in 1161 he immured the Linas P
Among the famous Facing motor unhappy experiences, or false and future describe cur oriminals as and you come to see that it is himself in a grave ten feet deep patients and our prisons as institu peculiarly 6tting. So we have the where he remained for two years, ists who propose to take part are misleading ideas might altions for the scientific treatment of sketch of a mother who cannot pro- After this he built himself a hus vent her daughter's marriagoan lived a life of meditation and soli Kaye Don Williams, who won this fluonco conduct, said Dr. Potts, offenders."
Mr. H. E. Norman:"In 108 unhappy girl on a summer holiday; tude for four yeare when he sud- Grand Prix in and again in 1929 whe quoted the case of a young 13,200 persons were imprisoned in the final visit of a man to hit din donly set fire to it and was found minges circuit, at Le Mans Birkin, who finished man convicted of stealing who was English prisons for failure to pay carded mistress; a little snobbery dancing about amid the sahon.** second last year, Earl Howe, and found to have consumption, and finos and 18,542 persons imprisoned in a peer's castleyn dwarf seen in His disciple, Hr Swang Wings let Caracciola, the Gorman champion after being cured in a sanatorium as debtors or un civil process, and Constantinople there, I admit scarcely less austere existence while such powerful, propaganda there is something not ordinary at Ho stationed himself on the Bugatti, Alfa Romeo, and Maserati. offcial teams have been entered, became a law-abiding citizen of the punitive nature of imprison all); and, anally, the more detailed bridge at Wuchu, where he remain and there will be-three-Delages, Sleepy sickness particularly had a ment continues, the best endeavours picture of a little group of out-of-ed night and day without moving paralysing effect on moral quali of prison reformers and of prison works endeavouring to make money Ho ate only when food was given two Peugeots, three Mercedes, and
administrators will be power.oss.to by going the round of the Loudon to him, and betrayed no emotion numerous private-Bugattis. Sung- boats, Stute, and B.N.C. will also tics, and should be tackled energe eliminate the thought of the pun-streets in the guise of a military when taunted and jostled by passers-
band, tive character of prisons." tically.
by. He stood there for three years, be represented-31 cars in all.
What is this about magic?" said the Master. "Prayer is no new thing All that is needed 18 to believe in it: This is what the ancients meant when they said:
Absolute belief could move the sky and the earth after reading
11
TWO CITY MEN SENTENCED.
7 YEARS AND 4 YEARS
·PENAL SERVITUDE.
Sentences" of "seven years ponal servitude and four years respoo. tively were passed on two of four City men charged with share push ing frauds, in which over £18,000 is said to have been extracted from the public ek
The "trial had lasted over three
werks.
It was alleged that through the modium of the Tinancial Tole graph" members of the public were persuaded to purchase practically worthless shares.
Donald Kennedy (44), director,
and
Sydney Godfrey (30), broker, were found guilty on the general counts left to the jury.
Godfrey was sentenced to pona! servitude for seven years, and Kennedy to penal servitude for four yours
Ernest Godyfrey Bewaring (30), secretary, and Stanley William Tanfeld (41), stock dealor, were found not guilty on all counts and wore discharged.
Warning to Investors. The Recorder said that this caso should operate as a warning te investors, especially people of small meana because of the cunning, cruel and merciless frauds by which these men had succeeded in obtaining money from widows, butters, nurses, respectable citi zens, and retired civil servants.
Their conduct had in effect be smirched the fair name and eco mercial morality of the city, and it was his duty to pass an exem- plary sentence.
Eir Ernest Wild congratulatod the police, who had investigated the ease with the greatest cars,
Bouquet for Jurywoman. Sir Ernest in summing up said: that no doubt the jury would like. whose names bad been mentioned, to see in the dock various people and who, if the prosecution were right, ought to be in the dock,
One's chief regret this story of Chang-ch'un's travels is that it does not tell us a great deal more about Ch'ang-ch'un. Hia
One man, Bert Green, or disciple, who wrote the story, was no Boswell, and his account both of D'Armand, had gone elsewhere, the sage and of the hardships and it might be a hardship to the There was, however, another view, through which he passed orrs on the defence that he (was not there. side of reticence and dryness.
Many students of history, of the that his absonce was an advantage literature of travel, and of Eastern to the defonce, because when, a man was not present it was so easy religion, however, will be grateful to Sir Denison Ross and Dr, Eileen to put all the blame co him.
On rising the Recorder present Power for including the book in the Broadway Travellers Library, anded his bouquet, which judges have at the Central Criminal Court, dur-. to Mr. Arthur Waley, at enes a scholar and an artist, for his ex-ing the summer, months, to the cellent introduction and translation, only woman jurer.
NOW
INVEST
IS THE TIME TO IN SOUND ADVERTISING.
When new accounts are slow in maturing and business seems dull, pro- fits can be built up to normal level by investing in a carefully planned advertising campaign.
Let The
Directory and Chronicle of the Far East
be
sales builder Write to us for tions of advertising schemes and rate cards.
Published by
THE HONGKONG DAILY PRESS, LD, I
Hotte