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Hongkong Daily Press.
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ESTABLISHED 1857
No.
23641. #E6#BRf84✡a ́Ð3⁄4Ðı‡ HONG KONG, SATURDAY, MAY 12, 1934.
THE BEST THREE STAR BRANDY
JOHN EXSHAW
BRANDY
KEEP A BOTTLE. IN THE HOUSE.
SOLE AGENTS:
CALDBECK, MACGREGOR & CO., LTD.
Prince's Building.
Telephone 20075.
HONG KONG, CANTON AND MACAO STEAMERS.
JOINT SERVICE OF THE HONG KONG, CANTON AND MACAO STEAMBOAT Co., LTD., and CHINA NAVIGATION Ü0., LTD.
HONG KONG-CANTON LINE. SAILINGS From HONG KONG-Daily at 8 am, and 10 p.m. (Sundays at 10 p.m. only). SAILINGS From CANTON -Daily at 8 am, and 4.30 p.m. (Sundays at 4.30 p.m. only).
CURTAILED SERVICE
As from
TUESDAY, 15TH MAY, 1934 Until Further Notice Day Boats to and from Cantou will sail on Alternate Days only.
HONG KONG-MACAO LINE. SLILINGS From HONG KONG➡st 8 a.m. and 5.30 p.m. (Week days only). SAILINGS From MACAU at 3, and 2 p.m.
(Week days only),,
SPECIAL EXCURSION TO MACAO SUNDAY, 13TH MAY, 1934 S.S. "TAISHAN
will leave Hong Kong (Hong Kong Wharf) at 9 am, nod Macao at 3 p.m.
.* SPECIAL SALOON FARES. WEEK DAYS. -Single: $2.00; Return: $5.00.. EXCURSIONS.-Single: $2.50; Return: $4.00, Norz-All Steamboat Company's Steamers are fitted with Wireless.
HOU
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OLUB
AT THE GREAT
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HING
Dancing every night from 10 P.M. to 4. AM-12 Beautiful Chinese dancing partners & 12 Beautiful European dancing partners. Best Liquors & all kinds of refreshments served ALL ARE WELCOME.
YOUR VIEWS AND MINE I
A Weekly Column of Local Gossip
FROMOTING CONCORD
By
"The Scout
It may not be generally known that for nearly five years there has been meeting' regularly once month over a. lunch. a certain number of the leading Chinese and British business men in Hong Kong. It began with about half a dozen members on each side and very gradually it has grown until the attendance numbers 30 nowa- days. The object of the lunch is to promote friendship and to create a better understanding' and cuncord between these two most important branches of the com- munity. I understand that on the English side of this group are Str William Hornell, Sir William Shen- con the Hon. Mr. C. Gordon. Mackie, Mr. W. H. Bell, the Hon. Mr. J. Owen Hughes, Mr. A. I Shields, "Mr W, J. Keswick, Mr. J. B. Ross and heads of other local firms, while on the Chinese side are the Hon. Sir Shou-son Chow, the Hon. Dr. R. H. Kotewall, the Hon. Dr. S. W. Tso, the Hon.. Mr. T. N. Chau. Mr. M. K. Lo, Mr. Wong Kwong Tin. Dr. Li Shu Fan amongst others.
SOME OF THE GUESTS
Although it is not a written law. no speeches are made and an equal number of English and Chinese friends are invited to each lunch, including business men who may be passing through the Colony. Sir Cecil Clementi and Sir William Peel had been among the guests of this group of business men whose organisation appear to go on from strength to strength. The work they do, though producing good results does not come very much before the public eye as their meetings are strictly private in character.
"THOSE QUOTAS
A prominent business man with whom I conversed the other day on the question of the quotas for the colonies said that in his opinion the Imperial Government should exercise great care before making a decision on this point, The main points against the quota, so far as Hong Kong was con-
Luairis
General Manager
DIALON
DUSTING POWDER BEST PREVENTION
t
REMEDY FOR
HONG KONG FOOT PRICKLY HEAT AND ALL
SKIN DISEASES
In All Leading Pharmacies.
陸拜靈 日式拾伍年肄卅佰仟登英 Price)
SPECULATION IN
RUBBER
Government Not To Intervene
London, May 10,
The Chancellor of the Exchequer,
Mr. Neville Chamberlain, was ask- ed in the House of Commons yes- terday whether his attention had been drawn to the recent specu- lative dealings in rubber shares and in rubber on the English stock Quotas is the question of the exchanges' and commodity mar- economic condition of the Colony.kets, and whether legislative pow-
A few arm optimists will say that things are not as people make out. This optimism is cheering in these days, but at the same time one must face facts, and the facts are that things have not improved to any
appreciable extent. Hong Kong, no doubt. was fortunate at one time in that it was practically the last place to feel the world depression, but when it did come it struck the Colony with cyclonic force, and we have been in this situation for considerably over a year. Being so very close to China, we have had the adverse, addition of high tariffs and a steady decline nas been noticed in all lines of business and on the share market as well as on property.
WANT OF CONFIDENCE:
era would be sought to provide that transactions of the kind mention- ed should only be of cash order. ".
with
that
Mr. Chamberlain replied he rise in the price of commodi- ties. and therefore in the shares of producing companies, following the announcement of the recent re- striction scheme, was not unnatur- al and, he saw no reason for the Government seeking powers to in- tervene in the manner suggested.
British Wireless Service.
Lusiness somewhat because of the uncertainty of the position of silver in the immediate future. In the opinion of one man, exchange is bound to go up again, not because there is any real strength in silver, but because of the powerful in- terests in the United States which are bound, before long to make further attempts to raise the value of silver. There are just as many people who hold the opposite view!
SHANGHAI CHAMPIONS
In the course of a lunch the other day, a visitor summed up the situation in Hong Kong in three words "Want of Confidence." Having been with us for a few months he discovered that there was plenty of money in Hong Kong but it was not in circulation, so that its presence "was useless. Not so many years ago, Hong 'Something ought to be done," he.Long used to watch most keenly said, "or things will become worse.""
GOVERNMENT LEAD
for the results of the Shanghai Champions, not so much because it is the greatest race on the calen- dar of racing in the Korth, but because it carried with it a prize It strikes me that even if the not device
of a couple of lakhs in the way of Government could
sweeps. At least ten thousand means of helping the situation the very fact of its having earnestly tickets (at 810 each) were held in looked into the matter, should, the Colony and frequently the first when it becomes known to the prize came our way. It is a sad public, have a very good psycho-reflection that at present, with the logical effect. At present, people exception of a handful of men, no are murmuring and even asking interest whatever is taken in the
What is the Government doing?" fate of the Champions. Wherever there has been bad bust- NEW TERRITORIES. ness of a universal character, "the Government should lead the way
The proposed development of the We New Territories has come very to a revival of prosperity. have only to look at Great Britain, much into prominence during the America and Germany, to see that week, by reason of the questions it is the Government in each case raised in Council by the Hon. Mr which has successfully accomplish-J. P. Braga There seems to be s ed the task of overcoming the de- very strong feeling in the Colony presalon. The local Government that more could be got out of the may have already examined the New Territories than is the case cerned, were 1) that the Colony situation, but in that case, why not at the moment and it would seem might lose its character as a free let the public know? Something that the community in general port and (2) the possibility of done is something achieved and are in favour of a start being made retaliation by the Japanese, who the economic life of the Colony is without much delay.
are still carrying a large amount
of cargo into the Colony in their ships. At the same time we do not want to lose any advantages that we might enjoy as a result of the Ottawa Conference,
ECONOMIC CONDITION OF HK. Bound up with the question of
III
such that it is like a stretched wire which, if touched at one spot will vibrate throughout its whole length.
.....
In this connection it is gratify- ing to see that the views express- ed in the leading article in "the "Daily Press" yesterday has had the support of one afternoon paper, and it is hoped that in this question, the sponsors of the development The recent drop in exchange has scheme for the New Territories will efected some people very heavily have the support of other sections and I am told, has disorganised of the press as well.
DROP IN THE DOLLAR
THE CONSTRUCTION IS DIFFERENT.
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AUTOMATIC
THATS WHY "THERE'S NOTHING LIKE A LEICA "
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