NEW
NOTICE.
THE HONGKONG TELEGRAPH.
DANCE RECORDS
can now be heard at the
Sole Victor Agents,
S. Moutrie & Co., Ltd.
Tel. 527.
Tel. 527.
JAMES STEER.
9. ICE HOUSE STREET. WATCHMAKER AND JEWELLER.
CHR NOETERS, CLOCKS, WATCHES AND NAUTICAL
STRUMENTS REPAIRED UNDER MY
PERSONAL SUPERVISION.
TFL. 2877
TEL. 2477.
The irritating cough and the obstinate cold will speedily vanish if you take a few doses of COLONIAL COUGH LINCTUS
The rapid Cold dispeller
Prices 50cts & 90cls per Bottle.
Warm Fiends for Cold Nights.
Our HOT WATER BOTTLES at moderate prices.
COLONIAL DISPENSARY.
WEDNESDAY, FEBRUARY 2. 1931.
JARDINE, MATHESO & Co,.LTD.,
ENGINEERING DEPARTMENT, 14. PEDDER STREET, HONGKONG,
TELEPHONE 215 2 1931.
SULE AGENTS FOR
BROOKS
DOXEY LTD.
AND MANCHESTER.
MAKERS OF
TEXTILE M CHINERY FOR THE COTTON, WOOLLEN & SILK TRADES,
WAVIN
UPPSK
CARDEN
PARING
WADING
KING,
MEHNAT
Contex
PAKING
THARAT
Paten:
SPLICING
lot the
"Math Ex
THE TRADE
VIZ:
Patro COMPETION.
FIXA MAMINK
- Tx
on KIN
Paient SKIPPING PLAST
DANIGA. TH {ÉSTRASBANE »
A LARGE NUMBER OF MILLS IN CHINA ARE
EQUIPPED WITH THESE SPECIALITIES.
MAKERS OF
TIN ROLLERS. FLUTED & PLAIN
ROLIERS
EUROPE IN CHAOS.
*** X
Chr
WINTHRA Ave Visaya
20
PRAMEN
SPINNING & DOUBLING SPINDLES
KINGS, ele
wo find that the exchanges fall consistently. On Nov. 30 France was 57:80 francs to the £, Italy 95.50, Gormans 250, Austria 1,175, Poland 1,750, Hungary not quoted, Russia And on the frontiers of Poland gather a pack of s¡AFT- looking bungrily
ing
In an
Westward.
What is the alternative to the present system if it does not recover! It is not Baltherism. That is the last resort of desper Ale, starving man. It may come when the list agony of dissolu- tion is upon Europe, but it cannot re-organise and feed the present large population. It has already appeared sporadically in Hun- gary. Germany, and Italy. has beeh driven underground- perhaps-but only for a time. If you want to prevent Bolshevism, see that the people are well fad. That, however, is just what we are unable to do in many parts of Europe. The machine that did is broken by the war, it is still freely rotating, but each Imonth 1 moves slower and with
more difficulty.
If we cannot save Europe, can we at least sare ourselves?
WAT.
Yes if we prepare in time, Great Britain can be saved, but it will not be the Great Britain we knew and loved before the
With
Continental aur markets gone, and out export trade crippled, we shall not be Jablo to support our present
population.
OUR STRENGTH, A drastic land policy would' settle on the countryside millions xbo are now congregated into industrial areas. Millions would have to emigrate to our Oversea Daminions and Colonies. Herein We are ад are not nearly so marked as inflies our strength. many Continental countries, and Empire with was empty spaces, only emphasise the more the fact with lands which can produce the that Great Britain is still health-food and raw materials we shall with still need, and supply us fier than the Continent.
As the situation on the Con.jthe simple things of life, which tinent goes from bad to worsa, we can barter with the more find it increasingly difficult : primitive peoples of Europe.
Our industries will dwindle sell our goods. We, above ail countries, are dependent on our but our geographical poation will remsio Seat export trade, and it is poor con.enable us to solation for us to know that Am-seafaring and merchant erica is suffering in proportion,As the last outpost of the in- The war has decreased or destroyed the last two sources of even more severely in ber export dustrial wess (by then the U.S.A.),
Ain-we can still carry the
How the Industrial System May Recover. Before the war Europe support. ed a larger population than she could have fed from her own produca by exporting Saished goods, by the interest oa her overseas loans and the payment for her services.
TECH.
mer
income and replaced them by trade, from the same case.
erics can feed herself still,chandise of those countries which
Negs.
is
STRANGLING OF INDUSTRIES.
shifted to the Atlantic.
NOTICE.
LANE, CRAWFORD & Go's
GREAT QUALITY SALE
IN ALL DEPARTMENTS
FOR THIS WEEK ONLY
SPECIAL BARGAINS ÎN THE
LADIES' DEPT.
COTTON HOSE
BLACK & WHITE
50 cents & 80 cents
PER PAIR
SILK
HOSE
BLACK & COLOURS
$1.50 and $2.00
PER PAIR
THE BEST PREVENTATIVE OF INFECTIOUS & CONTAGIOUS DISEASES
13
WATSON'S
HYGIENOL
A highly concentrated and perfectly safe DISINFECTANT.
SOLD ONLY BY
A. S. WATSON & CO., LTD.
CANNY."
"Phoce 16.
All Must Put a Shoulder to the Wheel, Sir Alfred Yarrow contributes
LABOUR AND ITS LEADERS.
Extremists Move Against Moderates.
claims for interest on war loans, whereas we cannot. To her, ex cluster round the Pacific to those which means that henceforth she sho
ternal trade is almost a luxury, bo dwell in Russia and barter must export more than importa instead of being able to to us it an absolute necessity, them for the minerals and raw àro prepared do the reverse ss she did in 1913. Without it half our population materials they
will starte
to offer. Moreover, the supply of finished
But it will be a smaller England goods with which she bought next
Already we are witnessing the with probably less than half its SIR A. YARROW AND “CA' year's food and taw materials no
graduzi closing of our Con-presen: population and perhaps a longer exists. Unless, however, she can get these essentials she tinental markets, and almost a bumbler member of the British cannot restart her industrial Panic among our manufacturers Empire than it is today. Dono: at the possibility of being under. let us suppose that we can con- system, and having no goods to sold in the home markets by the tings indefinitely to export buge
Following on recent utterances OGIILLIPULIK, CPFELICIZUOTIC she can only offer pap Continent, but this aspect of the quantities of manufactured goods
money. This being only of use if
case was dealt with in "The to Australia. Cauada, or evento Furrow's Magazine, which is by Mr. W. A. Appleton in resign- foreigners can exchange it for
South Africa. Dering the war published quarterly for circulsing the presidency of the Inter- good has continued to depreciate Daily News" on Nov. 26.
Unless the decline on
ths these countries have bean de-ion among his firm's workers on national Trade Union Federation, steadily since peace was made, as there are not the goods, writes an Continent is stopped, this strangveloping their own manufactures the Clyde, an article entitled action has been taken by the which he extremists whose activity in the economic specialist in the Dallying of our industries will cod near the spot where they produce" High Prices." in
cine, and it behoves us now to raw materials. This process is mphasises the danger of the movement be so freely criticised, and I am told (writes = Labour consider seriously what we shall bound to continue.
"ra' canny" system. In short, the position, after TŴO
do in That oveDt. There Has it ever struck you how the "The Prime Minister's promise correspondent) that at the next Management years peace, is, as shown by the
can meeting of the need for panic,
but centre of industry, commerce and of better times," he says. rates of exchange, far worse than that is far less likely than apathy civilisation has shifted ever west-only be a foriem hope unless the Committe of the General Federa- in 1915. Therefore, Europe is
and contemptuous unbeli ftill the ward? In classical days.. the whole nation put their shoulder tion of Trade Unions a motion alowly drifting into a state of
crisis is on a. By then it will Mediterranean was the centre, into the wheel, in order to increase will be tabled calling fordismissal rankruptcy, which means that
can failing resignation. This move an insolated one, but ultimately she will no longer be too late. Rather let us take the Middle Ages it was the Baltic, the quantity of goods we
such, a possibility in our reckon. where the Hanseatic League supply in exhauge for those wa is not able to buy the bare necessities of
The checking of is part of a general attempt life. When that happens the and begin to prepare alteras ruled. In the 16th century it
tive plans.
What if industries through strikes, the to drive out of the Labour move- whole system must collapse. What that means is
If Europe can be saved, then it is again moving to the Pacific, limitation of output and other mentall leaders holding moderate shown
considerable by the condition of affairs inradually things will right them.here America and Australia face wise, tends inevitably to keep up views In the last few weeks
been still farther there has
activity on the part of the extra- Hussia, & country, which, being selves, and the first thing to be China and Japan. Look at the high prices, and
done is for every Government rates of change of Japan and reduce our me of exchange.
called into mainly agricultural, should have
home or abroad to reduce its the U.S.A., if this possibility
"The 'ca'csony" practice is a miste, who have bean able to feed itself if any xpenditure to the very lowest seems fantastic.
fatal cause of the diminution of existence & special organisation European country could.
that is possible, even if this} EVOLVE BY DEGREES. output and the reduction of ex-to work inside the Trade Union CIVILISATION IN DANGER.
entails the abandonment of But it takes time to move{ports; moreover, it deteriorates | movement for the removal of "dead-head " The possibility of such desirable zocial schemes or vala millions of men, and if the in-the character of every man who what are called catastrophe is so terrible that so
ible military positions. far no one bas dared to suggest simply cannot afford them.
We dustrial systera is breaking down, does intentis ully less than he officials that is, men who are red" what will take its place? Stats can. I canguite understand how pot prepared to toe the it, but the writers feel that unless people realise where they are Every country must not merely Socialism cannot, for it presapit is that the "ca' canny'system line and at the same time to drifting no efforts to avert it will increase production, but see that poses a huge industrial machine. has become almost an article of work for the adoption of extreme be raade till it is too late. They the goods made are exchanged for Perhaps the Guild Socialists faith. If a body of artisana sa policies. This organisation, which do not say that even now it is the things they must have. It is have seen & vision of the ultimate that their job is drawing to has some of the features of a impossible to
Miners Federation. BAYO Ecrope, ase filling warehouses with solution, but, if so, they must close and there is nothing to fol secret society, is now at work in though it will be no easy task, bat goods which our neighbours can descend from the clouds and low, one cannot be surprised that the they do say, if things are allowed not buy because their exchanges begin to construct their system they wish to spin the work out National Union of Railwaymen, so as to ecture employment for the Engineers. and other big to drift for another two or three are so badly depreciated. We is here sad now.
societies. In the Miners Federa- yearn it will be too late then. Great Britain trust open up now It is aleas to imagine the longest possible time.
This is only natural; end. Ition its aim is to get rid of the is certainly possible to save Great markets, if necessary, by means our Guildsman will straighway
of barter, particularly with coun- become a saint He will bejtally sympathise with those who leaders responsible for the recent Britain to-day; by then it may tries other than the U.S.A., from be exactly the same man who stare misled by what, to them, is settlement, and to replace them Unfortunately there are ret which we can get food or raw present forms part of the indus-an honest conviction. It requires by men in favour of the militant wanting other indications that material for example, Poland trial system. In time a better certain amount of moral policy. our civilisation is in danger. Wood Russia.
system may produce more per-courage, under such circumst can only tabulate these briefly. But supposing Europa car-fect mea, bat, they must evolve ances, to continue to give a fair
day's work for a fair day's pay. at a price that will secure car but whenever in history & civili.not be saved, what will hap-by degrees. aation has been approaching its pen? Briefly it will be id- Meanwhile, the wise man uses But those who think deeply must trade in competition with those where the working similar indications have possible to tracsport the excessive the material he has to hand, and realise that, in the face of foreign countries
Europe overseas.in trath the average Briton, competition, by spinalog the hours are longer and the wagen They include a marked laxity What will happen to them is what despite his faults, is still the work out and making it cost more, lower. As regards shipbuilding. in the morals, sodan open
has happened in Russia, and to cream of the earth. In short, they are orificing their future faw orders will come our way, an challenge tothe established morsi day is happening in Poland and why not begin to build the new prosperity for the uke of a purchasers cannot afford the pre coles. For example. "The Right Austria-they will die.
system to-day, so that it is a temporary gain, because to obtain sent high prices.
In Belgium, for example, the to Motherhood" abows what le Those who survive will revert running machine by the time orders it is itself evident that we meant. The failing influence of to an agricultural face, with but the old one breaks down com must produce at least as cheaply working day, on an average, la an aur competitors, and, if poss 12 hours, and everywhere is found. the orthodox faiths, love of luxury simple industries and co elaborate pletely?
combination of thrift with. and extravagance at a time when industrial system. Do not think But still, perhaps, this appears ible, more cheaply.
"The frade is going to those industry. The energy of the tens of thousands are suffering that this picture is too highly a nightmare dream. What if, from want; spirit of lawlas coloured. Five years ago, would after all, it is but the darkness countries where the costs of pro- Belgiens is resulting in their violence, coupled with a strange you hate thought it possible that before the dawn of better things fiduction are lowast. Now, while being able to underall thi spathy on the part of a large Russia would bave reached the Nightmare or vision of the dawn, this country has no wish to goleountry. Only this week I can. section of the community are condition she is in today? Russia, take your choice, but look at the back upon the shortening of the doctor's one of 500 tõus of stret characteristic indications of remember, represents one quarter, writing on the wall and war worktust hear, in accordance bets being purchas |decaying civilisation, by of the earth's surface. As war which country follows Russia with public opinion, we shall have firm. Palkkip move Kistward from the Bay of and the Buswer, is given to you to face very serious iose in our the home price; 1
enaria, to offer our commodities of many it itsi Biscay the frontiers of Rusty by the rates of Exchange.
14. QUEEN'S ROAD CENTRAL. HONGKONG.
Telephone No. 1877.
JUST ARRIVED
YACHT UNDERWATER CLOSETS. BRITISH MAKE.
}
UNION ENGINEERING CO., LTD.
13. Chater Road,
be too late.
end
appeared.
Though these vices are notice able in Great Britain to day they
millions in
the