NOTICE.

HONGKONG HOTEL GARAGE

In conjunction with CHINA MOTORS (1923). LTD. STAR CAND & BASTERN GARAOB. Shanghai. YIH CHONG GARAGE. Peking.

PENINSULA HOTEL GARAGE KOWLOON.

A livery, service of new Studebaker Cars is now available.

SEVEN PASSENGER CARS $7.00 per hour FIVE PASSENGER CARS $5.00 per hour

RATE WAITING TIME

Car Storage $20.00 per month.

Shell Motor Spirit and Vacuum Lubricating Oil supplied.

United States Tyres and Tubes. Full line of motor accessories on hand. Tel. No. K 374.

STEAM LAUNDRY

COMPANY.

DRY CLEANERS AND DYERS.

CLOTHES

may not make the man let

el nightly they curtainly help

Our charge for thong

cleaning and pro-ing a come plate sitio nel, $0 25,

Writ

Bio Ft.

WORKS and HEAD OFFICE

YAUMATI, Tel. Kowloon 32.

4, Beaconsfield Arcade,

Tel. Central 1279.

65, Praya East.

11, Canton Road, Kowloon.

BUBBLE Books

"that Sing"

Make the Children Happy!

Bring the thi drra to store to day and ler we play the Bubble

Book recorda for you. Book

and three re-

parda

1.25

When the chikdern "have Everything" and it is a problem what to give them next, Bubble Books come to the rescue and keep the children happy and contented for hours, and hours, and hours. Think of how much fun you could have had when you were little if the books you had were not only full of bebutiful pictures, but had phonograph rec- ords as well. And that is just what are in Bubble Books. Each vor tells a different story of a little boy's adventures in fairy tand. It te how he blows the magic bubbles from which come the characters in the story. Funny Froggy, Little Bo-Peep, Jack and fill, and all the other Ettle people that children love are there and tik sags they sing are on the records. They are real records too, and can be played on any phonograph. Each Bub- ble Book is complete in itself. There are twelve now ready and others are in preparation.

AT

ANDERSON'S

E HING & CO.

SHIPBUILDING MÄMNHALS, BHRPCHANDLEBS AND

HABOWARK MERCHANTA

by 52 WING WOO ST. 'PHONE CENTRAE NO, YLJO CESTRAL

THE HONGKONG TELEGRAPH.

WHAT HAS WRECKED GERMANY?

A Wall Street Sermon by

C. W. Barron.

existences.

TUESDAY,

OCTOBER 17, 1922.

world, not by any promises to and other countries, lowering in: pay interess for the service, but terest rates stimulating basiness | 0% by the printing of so-called Ger- (and enterprise and helping in the man marks and the invitation to recovery, of the curencies of the outside world to invest inļother European countries that them by credit transfer or aetuslĮ have balançëd their budgets and |paper transfer.

stopped the issuing of paper At the same time the industrist! måner. Finance preactes the greatest Tsaders of Germany bave puf Canada aven can give a small 987mons in the world; preaches their capital beyond the reach of rote of thanks to impoverished them nationally and internation: the government in foreign cou a Fritz scross the water who has ally. In finance is the bread and tries and have poured their own in some measure helped to restore butter of nations sa well as of gold and credit into the United the Canadian dollar to the gold individuale. It represents, it States and the outside world, standard of the United States, reflects, individual and national bringing raw material into Ger- which it recently attained.

many, exploiting German labour Czacho-Slovakia, that has The banker of experiance sits in on a fraudulent basis and re-struggled bravely and held firmly his counting house and accepts exporting the fruitage of this to the highest principles of honest the note of a struggling young labour at an enormous profit, finance, honest budgeting and merchant or manufacturer be- which profit ultimately reconverts neighbourly helpfulness. cause he knows the money goes into gold in Switzerland, Holland, found the European demand for to boy the raw material, and the Spain, London and New York. her paper money so great that Germany has boras false wit- its purchasing power has doubled character to convert it by labont ass before her people, against within a few months. This is, of into human service at a profit the Allies, who by their invest-course, embarrassing to the in- without unusual risk At thements in German credit and terior merchants with goods on same time he rejects the paper German marks have given food their shelves; but if Masaryk and of an individual or corporation and basis for employment and the Benes can hold their amalgamat rated at millions because he meas continuance of transportation Led people firm they will that behind that paper is an and commercial transaction forendare some messaт9 of the unusual risk in merchandise or German account. markets or a lack of brains orķ character.

borrower has the brains and the

WHY ONE IS TAKEN; AND

THE OTHER LEFT.

ELECTRIC WIRING

NEATLY CARRIED OUT WITH BRITISH MADE CABLES ONLY, ESTIMATES GIVEN FREE.

ALL WORK GUARANTEED FOR SIX MONTES AFTER COMPLETION.

THE PATENT

KINGSWAY

1

bas

suffering that Switzerland has endured from an honest currency. in competition with bankrupts, and eventually stand as high in the markets of the world, with ability to come and go on lines of credit and win with thrift and savings and increment of capital.

WHERE NON-RESISTANCE

WINS.

People who would steal would of course, bear false testimony, But the end is coming- The vary stones in the streets of Ber Without express. bimself to lin are raising op, to denounce anybody. be says "Yes" and the fraud and the rulers that "No," but behind each is have spoken and printed lies for Bermon that might be daily so long a time. written. Indeed, such Bermions It was a pity that the United could be daily written from the States government should hav The third great effect, and the stock ticker reflecting investment been even a small party to such most important of all, now comes and speculative judgment upon dishonesty. When it made re to the front. risks in merchandise and marketsquisitions in occupations the and market valuations of in-Berlin government simply hand-rained before the great lesson of tegrity, character and jodgmented over packages of paper with the New Testament. The Allies The banker may say of the which the United States govern whom she has struck have turned young man: "I knew his mother ment within Germany paid the the other cheek. They have now

German people to:

army said by agreement: "We will not supplies.

strike back. Go your way for the time being. Reform yourself and | redeem yourself. You need pay

nothing further year."

she was a good woman. I bare followed the boy; be is honest and capable.If he gets into trouble he will tell me the whole truth and can probably afford to back him many times more and poll him through and the bank will, in the future, have a good honest customer with a growing

business.

Germany stands abashed and

this

LOSING THE PEACE. Germaoy threatened that by

priating inflation with

press moany she would turn out pro-

This is the greatest blow that ducts of labour socheap that no country in the world could com- could be delivered against Ger pete with her and that soon every many. All her machinations, x[}} "If the bounding speculator one of the Allies would cry out her weaknesses, all ber scheming or millionaire. mannfacturer in despair over such trade com-to build railroads and docks and meets trouble, which is bound to petition: "Cesse! Cease! come ships and houses and factories, to come in due time when sach back to honest money; trade pad her own pay rolls and make risks are aromed, my bank has honestly and will forgive compensation on railways and government pay rolls to all ber not capital enough to carry the Four reparations bills." feature through to a successful But just as Germany lost the Dan war cripples in order that conclusion and the bank will lose war because she figured on a false nothing might be paid to France, both money and customer."

basis and against the

comes to naught. Her new factor- Commandinents, she is likewisees and her new buildings, which losing the peace" which she she boasted the Allies rould not strived to win with false money.

take, are as ashes on her own

UNITY IN THE TEN COMMANDMENTS.

We

Tep

for bread.

The Nation that struck the

WIRING

SYSTEM

FIXED WITH RAWL-PLUGS ENSURES A GOOD JOB. ENGLIS SUPERVISION.

THE

JENERAL

ELECTR

LECTRIC

COMPANY

TELEPHONE 518.

ANY OF CHINA LTD.

WHITEAWAY LAIDLAW & CO., LTD.

MEN'S WEAR SPECIALISTS "JASON" PURE WOOL UNSHRINKABLE

UNDERWEAR

(SOLE AGENTS)

THIS UNDERWEAR POSSESSES THE VERY PROPERTIES AND QUALITIES THAT ARE ESSENTIAL TO HEALTHY CLOTHING. HEAT WILL NOT PASS THROUGH WOOL SO READILY AS IT DOES THROUGH SILE, OR COTTON. CONSEQUENTLY WOOL IS MUCH BETTER FOR CLOTHING THAN EITHER OF THE OTHER MATERIALS. **JASON** GARMENTS ARE MADE FROM THE BEST WOOL OBTAINABLE. THEY ARE ELASTIC, POROUS ABSORBENT, NON-IRRITATING, AND UNSHRINK- ABLE. EVERY GARMENT REPLACED IF IT SHRINKS. WE ARE NOW ABLE TO RETAIL THIS "HIGH ORADE - WOOLLEN UNDERWEAR"

PRICES

TROUSERS,

From $3.95

VESTS

On what banks that bank pre false promises and false witness tongue when her people cry ouAT VERY ECONOMICAL sident?, The Ten Command- ments, nothing more and nothing against her neighbour. less:

Germany has sold her goods | "Thon shalt not steal," *Thou shalt not bear false for naught and has not increased world and boasted its army unde- witness and all the rest of them: her wealth by their price. Slowly feated, its soit uninvaded, its for they are all one as they are he has been sinking economical machinery of production on- knitted together in a singles and financially as she first touched, now finds itself power- source, and be who violates one ank morally. The very stones less, its false teachings against may be found violating them all. in the streets have begun to cry the Allies and its fraud upon Russia was recently asked font as they go through the bake friends exposed: its arm palsied and powerles when France and, she would permit an independent shop windows.

the Allies say "Go your way, re- investigation of her economic Instead of Germany's currency condition. She replied with re-and cheap labour demoralizing deem your own budget and pay

yourself now.**** fusal as emphatic as at Genos. the trade of the world, it has Thieves cannot stand investiga-dried up her own life blood or tion. There is now nothing in circulating medium until the Russia but stealing and starva-presses cannot pump fast enough tion, and there was no call for a to push out the little remaining self and cannot redeem herself United States investigation.value there is in the mark and and must waep and wall; go back Germany has played two games give the people currency for in civilization to barter and the in violation of the Command.transactions

within their use of other people's currencies !ments. She has coveted her own country.

with the humilistion, the incon- venience, and lowering of the standard of living and all the in- ternal

evils entailed in

pay the bill.

aven

GERMANY MUST REDEEM HERSELF. And Germany cannot pay her.

these.

neighbour's house and attempted HOW THE ALLIES AGAIN WIN. to take it, and, when besten back

Every economist has been jby her neighbour's friends and watching closely for the outcome allies, she has plotted how some of the German currency battle body else beside herself should against the world, and no well- And still, no man can see the informed mas has dared to pre-end. Ba: the world outside will Germany with pride in her own dict the form of the collapse that pray that within Germany there intelligence, which she consider-was inevitable or the results in may be reformation and that the ed so much greater than that of other countries. The unexpected nation where 98 of the people, the people around about her. now begins to became apparent. or a higher percentage than in determined how she would win Thedisasterisupon herself and her any other country in the world, thefpeace.

friends-the people who believed can read and write. will at last THE MARK OF TRAUD. that she not only had value re-learn the truth not only concern Since the war she has lived maicing but some character lefting themselves and their wicked leaders, but also concerning their upon her neighbours. She has that would reassert itself. refused to pay her own bills, cost The benefit is upon the Allies neighbours and the neighbourly of her government establishment, and the people who stayed her good will that from the beginning cost of her own railways or post hand in war. The chief benefic. has never been against the Ger

mao people. office, in order that she mightiary has been the United States, prove she couldn's pay any of the It has gotten from Germany war bills.

cheap goods of a kind it does not She has turned her printing itself make. The fiasocial opera- presses into the manufacture of tions of Germany and the trans-

reserves

KRYPTOK LENSES

a something called money, which fer of property from within her are conceded to be one of the very has gradually become nothing foreign countries have pushed best forms of bifocal lenses. The but a fraud. She chuckled as gold over to the United States bifocal segment is ground and she saw the outside world belier and reduced the rate of interest fased into the distant lens making ing her promise in the paper bere, stimulating building, co of glass. The segments are to

the product practically one piece mark would ultimately mean struction and arresting the down-tally icvisible and the leas has a something, and has continued to ward tendency in wages.

This is one of the elements beautiful appearance. Kryptok pass them out for foreign gold with which she fed her peopls. that has piled high the gold lenses of any prescription "ip With more paper she balanced behind the bank

of either regular or Toric form are her governmentbudget and fooled America and started & movement manufactured by The Hongkong her own people; kept them quiet in the United States that cannot Optical Co. successors to Clark. with food subsidies and false yet be clearly interpreted as to&Co.manufacturing and refract- teachings that the whole world whether it is secondary inflation, ing opticians-the most

manufacturing | was against Germany and was gold inflation or a

petent optical temporary raining the price of German reaction in the downward swing establishment in South Chins- goods and dropping the value of of wages and prices that always located in 53, Queen'e Road Cen- the German mark.

Yet the fact was that Germany (was being sustained by that part of the outside world that bad some Hittle faith in Germany's faturé.

follows a great war.

OTHER STANDARDS CO UP AS GERMANY'S GOES DOWN, " The next great movement mod of unexpected benefit to the Allies lias" hsen an deceleration in she THE EXPORT OF GERMAN › marement of the Allies toward a

CAPITAL

"

About three billion dollars havs.

gold-stabilized currency.

German Wealth has been sur- been, berrowed from the outside reptitiously poured into England.

tral

com.

2nd

Fitting glassOT testing the | specialty.

sight is their

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From $3:95

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METAL GOODS

some – Orntení 1993.

HARDWARE

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