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The Telegraph.
THURSDAY, SEPT. 24, 1925.
THURSDAY, SEPTEMBER
especially when the present_de-
preciation on local shares averages something around forty per cent.
DAY BY DAY.
1926.
FAIR TRESSES MAN'S IMPERIAL
How much further are these share RACE ENSNARE.—Pope.
and land values going to depreciate through the action of the anti-
The opening rato of the dollar British Chinese elements in Canton, on demand to-day is 28. 5.1/16d. and who is to say what proportion
CORRESPONDENCE. ENGLAND AFTER TEN
To the Editor, Hongkong
`Telegraph,]
THE PROPOSED TRADE LOAN.
YEARS.
SEEN BY FOREIGNER.
After an “absence of rome ten years London strikes me, a visitor from Vienna, ne greatly changòd,
Sir Will you please allow me a And let me any so at once: very little space to protest against the much improved in many ways, of the pre-strike value can be Mr. Li Yik Moy, a well-known idea of the Hongkong Government says an Australian writer in the advanced now? Is the money need-Chinese rice merchant, has been making cash advances in the form Observer. The very arrival at appointed by His Excellency the of Treasury Bonds to Chinese Dayer proved a pleasant ex- ed for the legitimate buying and Governor as a permanent mem-hoders of share or land securities perience--the calm politeness of selling of merchandise and the ber of the Po Loung Kok Com-
mittoo to succeed the late Mr. as is now being suggested? I need the officials; the good humour of taking up of goods ordered and Chatt Siu Ki..
no telling that the money market from the steamer to the train, the the man who carried the luggago. la In a state of great stringency beautifully clean and comfortable arriving, or is it needed by Chinese
and that it is difficult, if not almost corridor train itself, so entirely who have over-traded with their
Hongkong will be interested to impossible, to raise money on the differont from those ancient pre- surplus pre-strike cash and who are hear that Master Emil Danonborg ordinarily accepted, securities of war vehicles of the South-Eastoin striving to stave off a disaster is to make his first appearance in property or scrip, but I don't think and Chatham. Then the arrival Tokyo at a piano recital to be that the need of the mombut is the at Victoria. The splendid station which would have come inevitably held on the 27th, instant. After Hquifying of land and share so much finer than the pre-war oven though the strike and boycott wards he will also play in Osaka securities, especially having re- one which some Continental- had not preolpitated it? These and Kobe, whilst early next gard to the aims and objects of the writer compared with a coal-pit.
mionth he is to make his reholders of such securities. The The cleanliness and order of it- and other questions can all be put appearance in two concerts at Chinese Commercial Guilds are all. And the streets round it with great force and call for a Shanghai.
making this petition to the Govern- much cleaner and pleasanter public answer before the Govern
ment and if the suggested advance than they used to be. mont takes on the responsibility Mrs. Feng Yu-hsiang, förmorly of 330,000,000, were forthcoming it Naxt day I felt profoundly Miss Loe Teh-chuan, a Y:W.CA. would mainly be swallowed up by truck by the vast improvement being sought after.
worker in Peking, is the latest Chinese holders of securities inter-of artistic tasto practically every There are those who argue that addition to the Chinese girls and eated in such things as the Bangkok where I saw a new town hall, a revival of the normal trading women who have bobbed their and Saigon rice traders, the sugar built in a style of its own which goodwill between, Hongkong and
hair. Mrs. Feng, says the NC market and such like native mat-might be an ornament to aby Stur, had long decided to havo ters. How much does the Govern Continental city. Caford-circus Canton would automatically release her hair bobbed. Owing to the ment think would go to the relief and Regent-stroot seemed hardly all the cash that would be neces- opposition, however, of Marshal of trade in British manufactured and new styles, there, howover, recognisablo-the mixture of old sary for trading purposes, and that had not done so." Finafly, she dealer. in Manchester and Birming the making. I admired a large Fong Yu-hsiang, her husband, she articles? Would the importer and struck me as something being in to advance cash to Chinese mer convinced her husband of the ham goods, whose money is now all number of posters done in chants before such revival would usefulness of bobbing her hair, locked up in accumulated stocks, excellent taste. It seems to me
recently,, she cut her hair in her be a foolish and unwise procedure. own home in the presence of her get a cent of the money? Why that the nation is awaking to On the other hand, there are those husband. One report has it that should the Hongkong Government some new style, and realising its who say that the merchant class of it was Marshal Feng Yu-hsiang (beth land and shares) into liquid direction. One need not agres transform.depreciated securities great creative faculty in that Hongkong are just as much against the barter.
himself who played the part of cash for the bonefit of Chinese who with ultra-modern tendencies, the strike and anti-British. boycott
FINANCING TRADE.
have so over-traded that they can-but fine taste is shown in the as are the British themselves and The world has its unconscious countrymen have brought about? galleries. There may be little not weather the slump which their arrangement of the picture There is very widespread interest that it would be an act of sym- humourists. Speaking at Moscow Would the lending of money to things which the average Lon regarding the possible outcome of pathetic understanding if the on September 10th, M. Karakhan native traders in native products doner hardly notices, but which
said: "As to trade relations be do anything to bring about a catch the eye of the foreigner the conference held yesterday Government helped merchants to tween the U.S.S.R. and China change of heart and attitude on the green railings instead of the between representatives of the survive until such time as there has they also have improved lately the part of the "anti-Britishers in former horried red ones round" Government and representatives of come a change in the situation. Owing to the commercial blockade Canton?
I ask all these questions many public gardens: the green of Canton by Hongkong, the Can-
lampposts, and the silvery ap- British and Chinese trading com- It is for the Government to be ton authorities entered into active in the spirit of genuine enquiry. munities on the subject of a loan guided by its experts in such trade retutions with the U.S.S.R., there was plenty of cash before don't like the red motor-buses; What I cannot forget is that pearance of the aluminium lamp
posts and railing pórsonally, I or cash advances to militate against matter, but all that we ask is that thus avoiding an imminent mor the strike and slump. Land and the tramcars in Vienna are red, chandise famine."! And the the possibility of locul Anancial the public shall be taken fully into Soviet.correspondent in Canton, house values here all went up betoo, but that does not make ruination as a result of the strike the Government's confidence and telegraphing on September 9th, cause of the surplus of cash in the things any bettor.
I noticed a great improvement and boycott. The suggestion which that ample justification will be says: "There is not the slightest hands of Chinese speculatora "and
trace of anti-foreignisin in Can- gamblers. Our high, rents are a in the art of ladies dressing. has been made is that the Govern-given for any steps taken, ton"; whilst, spooking of the direct outcome of the transference There is a gayer note in it, some- ment should ise public loan
Kuomintang, Government, he as- of Chinese money from legitimate thing more graceful and Franch serts that they...claim that trade channels to speculations in than before the war; but you also bonds or Treasury Bonds up to the]
they are doing their best to shares and landed property values. find in it a certain breeziness, amount of $30,000,000 or there-
hasten, rosumption of normal Money was to be had almost up to lightness and daintiness of colour, relations; (with Hongkong). the limit of the value of a security something essentially English.ro- ̈ -inflated though that value was miniscent of those lovely, light, known to be; and now the slump elusive tints of an English aky is with us and Chinese speculators after rain, when the sun shines down, they come crying to the find that the value of securities is again...
I cannot help feeling that in Government to help them out. many respects London has be
OF
abouts, for the relief of the financial stringency in which many Chinese merchants and barkers now find themselves.
1t
location of local commerce, 'It is
The Soviet Way.
The extent to which Soviet Rus- is seeking to embroil China against the Powers is illustrated by the report of the "Hands Off China"
If
If there is to be any help, then come continentalised," if I may for goodness sake let it be on be-so express it. One can get a sup
If. British merchants
Congress, held some little time back as, this time discovering two very is argued by the petitioners that Berlin, of which we yesterday ancient human skeletons, have re- failing some such relief there will gave some details. This gather-newed interest in the question of be a big increase in the numbering was held for the ostensible pur- the world's remote history, and the of bankruptcies and a greater dispose of securing relief for Chinese various theories of evolution. half of legitimate trade-imports of tea or coffee and something to and exports upon which this Colony eat late at night. And not with- strikers and the victims of the unwe accept the proofs which astrono- must live, and British importy for out a pang of jealousy. I noticed suggested that merchants shall be rest in China, but it only needs a mers, geologists and naturalists are preference.
that the Lyons Corner House was at liberty to apply for "assistance very cursory reading of its proceed-falways ready to put forward, then difficulties of the period, then there down at 1 or 2.a.m. at the latest! are zasiated to tide over the pen all night--we demoralised Viennose" are obliged to clase: ings to realise that its real purpose
man must ignore the Adam and Eve will be much more morality and Unless I am mistaken there is was to further the spread of Bol story and believe that from mere practicality in the act than if Chi-much less snobbery and a much shevism, particularly amongst the
scum on the face of the waters nese who have either over-finer feeling for sociability than Chinese. The organization under he has evolved through successive to the benefits of British credit. There is greater vividness and
lent or over-horrowed, are treated there used to be before the war. whose auspices the Congress was ancestors who might, or might not, There are lots of business, men who general "quickening up. During held the International Workers' have been reptiles, and later birds, think as I do. Yours, etc. Relief Association-appears to pose and then mammals. There is a
upon the production of property, gocis. or shares against which a
THAT MACHINE-MADE BREAD.
MUST BE MORE WHOLESOME loan would be made, and that a rate of six per cent might be charged How far $30,000,000 would go one can say, but it is stated that
REDUCED PRICES
From October, Iat
WHITE BREAD BROWN FRENCH
-13 cts. per lb.
11
13.
-14
11
CURRANT
-20
SULTANA
-20
#
[11 cts. Small Loaf
HOVIS
taa ets. Large
Gel your Supplies from :-
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Grand Store
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H.M. Hajee Esmail
OR
it would ease the situation to a very large extent. The Govern- ment is said to be sympathetic to
the idea; at any rate it is now considering it, after having had the opinion and advice of leading European bankers and commercial heads,
property or goods in godowns is going to help the trade of the Colony to flow once more, or how It is going to help the flow which will eventually come when the hindering factors are removed. We print elsewhere in this issue a letter from a British merchant on the matter and ho raises some pertinent queries, especially, that regarding the desirability of assis-
as the Russian Red Cress, whereas great deal of loose talk about the
intervals at the theatres I noticed BRITISH MERCHANT. a much louder hum than was Hongkong, Sept. 23rd, 1925, usual before the war. But par- in reality it is known to be a "Darwin theory" by those who pro-
hape above all the visitor from the PUBLIC SCHOOLS.
Continent is struck by the sense purely revolutionary body whose bably have never read Darwin. It
of geniality in the Londoner, the leaders aim at the stirring up of is erroneously supposed that he la- appears to be a particularly mis-such a difficult traffio-contre as Sir, Your correspondent, "C. absence of nervousnoss-even in trouble whenever and wherever the vented the evolutionary discussion, informed person. You, sir, showed the Strand, the calm and polite opportunity arises. We are
not and nalled the blame on the monkey, attributing to the Telegraph which everything is done.
yesterday that he was wrong in ness, the self-discipline - with surprised, in the circumstances, that tribe. Actually, Aristotle and other statement that there are at present
In theatrical production, too, I when certain delegates represent-
very early philosophers 'discussed several oid boys of King's School, found great progress. Mr. Gals
kong. I now hope to be able to deeply as something very human
their activities along the same lines in Europe, it becomes patent that organisations such as the one under: notice are far less concerned with relieving the sufferings of supposed- ly oppressed peoples than they are with furthering their insidious and evli doctrines. Incidentally, It would beáteresting to know
The average man in the street isine humanitarian societies learned auch theories, and, modern thought/Canterbury, at present in Hong-worthy's Stow" impressod me inclined to look at the matter, we of the true purpose of the Congress does not say man is descended from show that he was equally wrong in and very English. A beautifully think, in terms slightly different to-Soviet hostility to Britain-they monkeys but from an ape-like ances assuming that this particular school English worth, with a perfect those of the petition upon which departed from the gathering. the Chinese Commercial Guilds are When we realise what Soviet merely a less perfect, and parallel. The claim by King's School, passed anywhere on the
tor: The monkeys are presumably is the oldest Public School in style of its own, is "The Beggar
Opera," with its superb staging, England. asking for the loan, Hu wants to agitators are doing in China tofinstance of man's evolution. What Canterbury, to premier position se Continent, its magnificont which could hardly be sur know how the loan of $30,000,000 besmirch the name of Britain, and by the Government against shares,
has really started the revival of far as antiquity is concerned is colour-scheme, and its very good when wo also take into account
based on an assumption that acting and slaging. I have been controversy is the famous Scopes this school enjoys unbroken unfortunate with regard to mustó trial in Dayton, Tennessee. It continuity with the old city in London, no important concerts Is that really so? It is being given at present, but the has led to moro nonsence appear school. ing about man's supposed ancestry
Fone thing to make the claim; but charming, delicious musfe....
quite another to substantiate it. "The "Beggar's Opera " in its than has ever been written before. Can "C" do so? In these matters, English character means some But perhaps we can understand documentary evidence alone should compensation. this if we are prepared to accept count, and, on that basis, all that I enjoyed a few days stay in
King's School can say is that it was lovely South Dovon immotisely the findings, just announced, of a founded by Henry VIII in 1541, whore I lost myself in the lanes Dr. Chiera, who has translated six Against the claims of King's and fields, and am enjoying the stone inscripilons found on the School let me set. those of St. sunny, breezy Bouth Coast precisely the extent of the monetary Euphrates river, and written about Albans School (proved by documan have enjoyed lovely raspberries, tary evidence to have been Inroast boof, and Yorkshire pudding aid which this and’símilar organisa:|| 4,000 years ago by the Chaldeans existenco in 1097) Durham School and Dovonshire oream. But abov
all I have enjoyed the spirit of in this we, and the idea of evolu- (reconstituted by Cardinal Langley kindness and hospitality shown tion much older than has hitherto in 1414); and Reading School to me by quito a number of dess (which was in existence in 1120) old friends and several new ones Man's Evolution.
been supposed, for these tablets Can "C" prove that King's School which at times nearly over Recent discoveries In the Mongo-vive a theory of the evolution of was in existence before those whelmed the; and proved to on shares and property would be lian deserts by Mr. Roy Chapman man from an ancestor that walk named above? If not, the verdict again and again the utter fallacy maat go against him.Yours, etc. of the opinion still prevailing on HISTORICUES the Continent that the English
are stiff and cold;"AY
Yaumati Kowloon Dock Quarry Bay Causeway Bay tance to importers and traders in
CAFE WISEMAN
וז
LANE, CRAWFORD, ~LTD,
A
British manufactured goods. against traders in purely native. products. The question of fixing.
the amount of depreciation to allow
tions have given to the general anti-foreign movement in China.”
a dangerous one for any Govern- Audrews, who has again made a ed on all fours-not a monkey, ment to undertake, we think, big haul of dinosaur eggs, as well however, but a sheep!"
Hongkong, Sept. 24th, 1925,