16

THE

HONGKONG

PENINSULA HOTEL:

HONGKONG HOTEL: REPULSE BAY HOTEL PEAK HOTEL

AND

SHANGHAL

ASTOR HOUSE; PALACE" HOTELI

MAJESTIC HOTEL, HOTELS

LIMITED.

in association with the Grand Hotel Des Wagons Lits, Peking.

Hotel SAVOY

The Newest and Finest Hostelry in THE Colony

Convenient ... Cosmopolitan

KOWLOON HOTEL

KOWLOON.

Under the Personal Supervision and Attention of

Phone Nos.

K. 608 & K."600

Mr. & Mrs. H. J. WHITE. Cables “KoWLOTEL ” Hongkong

PALACE HOTEL.

Tel. Koulou No. 3.

Tol. Addrem "Puloco."

A First Class Bouldential, and Tourial. Hotel with all the Oan. -veniences of mo Undar Entirely European Management, Coey Loungaand Billiard Saloon, Thres minutes froin Forcy. Familien specially catered for. Moderate term. -

EUROPE

After dinner dancing every Tuesday, Thursday.

and Saturday."

Mr. J. H. Oxberry,

Proprietress.

Cables:-

**EUROPE"

Singapore.

HOTEL

SINGAPORE

Grill

THE EUROPE HOTEL LTD.

Arthur E. Odell, Managing-Director.

RUNNYMEDE HOTEL-PENANG

".

"MALAYA'S NICEST HOTEL"

With beautiful private lawns to the Sea.

MODERN THROUGHOUT

Dinner-dance twice weekly

RUNNYMEDE HOTEL" LTD. George Goldsack.

CABLES.---" RUNNYMEDE."

Manager.

TO-DAY ONLY. at 2.30, 5.30, 7.20 & 9 20.

MARY ASTOR, Wm COLLIER Jr.

2

in

"The SUNSET DERBY"

Added Atienation.

at 5,30 8.7.10 % m.

ai 9,30 p.m..

*

"THE DANCING TRIO": "THE HIGH STEPPERS' SLIGHT INCREASE IN PRICES AT 9.20 PERFORMANCE.

MAJESTIC

"AT

"THE":

NATHAN ROAD KOWLOON.

THE HONGKONG TELEGRAPH,

INFORMAL NAVAL

MEETING.

GETTING MACHINERY INTO WORKING ORDER.

EXPERTS CONFERRING.

London, Jan, 24.' The delegates to the Naval Con ference expresa satisfaction with the progress so far made in get ting the machinery of the confer once in working order.

The Prime Minister and the heads of the other delegations are following the plan of getting the problems brought under the active consideration of the interested || parties, and for this purpose. to-day there were several informal moetings.

This morning, the full delega Lions of France and the United Kingdom met at No. 10, Downing Street, to consider the report which the committee of experts had been asked to prepare.

SATURDAY, JANUARY 25, 1930..

CORRESPONDENCE

To The Editor of Hongkong

Telegraph.1

The Currency Problem.

GERMAN SHIPPING

DISASTER.

CAPTAIN GOES DOWN WITH HIS SHIP.

Buenos Aires, Jan. 24. Great anxiety is felt for the position of sixteen hundred pas- sengers and crew of the German liner Monte Cervantes, which struck a rock near Tierra' Del Fuego, in the Straits of Magellan on the 22nd.

Sir,-1 am glad to see, from the "MONTE CERVANTES." last paragraph of his letter, that "Bedlam" is beginning to take a little intelligent interest in currency affairs. Hie Initial criticism" be trays a very superficial knowledge of the subject, but dar be it from me to wilfully discourage him in his endeavours to feel his way into the world of finance. With your permission, I shall do my best to enlighten him upon the part which Hongkong has played in the silver alunip; R

Before the reversion" In Octo- bet, I attributed the note premium to an abnormally high demand in South China for our paper. This has since been borne out by the fact that, despite all our efforts to cir- culate silver, the premium still ob- tains. We have deliberately pulled down, the purchasing power of A communique stated that this our notes and as the preference for report shows encouraging results on certain points and it was der still held good, silver was in- cided to invite the experts to con-itably forced down by the delin-

tion polley. Unue their conversations.

After the members of the French delegation had withdrawn, the Italian delegates were ceived by the Prime Minister and the other members of United Kingdom delegation, and the

Within the last few months silver has been imported (a demand ad- mittedly tending to uphold ita price) and profitably exchanged for sterling or Hongkong paper. A de mand for sterling with a plentiful supply for the white metal could reflection on silver's integrity with an unavoidable drop in its sterling worth.

The Monte Cervantes was badly holed in the bows and quickly submerged, but the passengers and crew were put ashore at Ushala, a prison colony contain ing the most notorious prisoners of the Argentine.

"

Ushain has very few buildings and no propor accommodation for so many people. The liner Monte Sarmiento is hastening to Ushala to take off the stranded passen- gers but she only has accommu- dation for six hundred persons.

The death penalty in non-exist- ent in Argentina and the worst malefactors are sent to Ushair, The prisoners now there include an anarchist who in 1909 bombed

and killed the chief of the Buenos Afren police and another is a German convicted of killing and

general business of the conference only have one result-a fictitious | quartering one of his friends.

was discussed.

Room for Pressmen.

London, Jan. 24. Mr. Stimson, addressing press- men, referred to the disappoint- ment at the absence of the press ut yesterday's conference, Mr. Stimson said that he saw no rea son therefor, except the.lack of space and he was going to re- commend the American delegation to give up three sents to enable three American news agencies to be represented in future. He

other hoped that

delegations would follow suit.

This afternoon, after dealing with some matters of domestic politica the Prime Minister will leave for Chequers, where he will spend, the week-end,

I repeat that where this Colony made its big mistake, was in not fully investigating the paper pre- mium before, tampering with the October position.

"Cynicus" has proved a broken reed. Sarenst and ridicule are very convenient emergency exits to him who has cast him last javelin.

And now that all adverse presa criticism has evidently been stamp ed out, the Advisory Committee cun ita reforms proceed to carry out with the confidence derived from the' belief that "right is might."-

Yours, etc..

ONLOOKER. Secretary, K.E.C.A.C. Kowloon, Jan.24th, 1930,

Excepting for any new aspects which may be raised, and seriously dealt with, the correspondence on this subject is closed.-Ed 1.K.T]

小 Later.

The Monte Cervantes suddenly heeled over and sank last night, her master, Captain Dreyer going down with his ship.

A skeleton crew which was left aboard narrowly escaped with their | lives.-Reuter's American Service,

"ELECTION WON BY PROMISES.”.

MIL BALDWIN ON THE LABOUR "FAILURE."

"The Inat election was won by promises," declared Mr. Baldwin] at the Albert Hall recently."

"I have fought through many electioris," he went on, "but I have promises 80 wild. never known And though I do not doubt the good faith of many who made those promises, many must have known the insincerity of them. ?

"It is like a firm in business. ACCEPTED.dawing bills, the directors know-

TENDERS TWO ROAD CONSTRUCTION

SCHEMES.

The Government has accepted the following tenders:

Mr. Man Gang, $7,881.50 for formation of-site and road at Fung Yuen.

Messrs. Hop Hing & Son, $2,083.50 for formation of site and rond at Pan Chung and Mui Sha'

ing that those bills will never be mat.The clerks who enter them in the bill books may, have "no doubt of the solidity of the firm, but at the end of three months or eix months the fate of the mises made last May is known throughout the country.

pro-

Hot Air to Cold Facts, "In five months we have got away from hot air to cold facts, and before long the facts will be colder still."

Lord Mayor's Banquet." The Lord Mayor of London welcomed the delegations at a❘ reception and banquet at the Guildhall last night.

In pro- posing the toast of "Success to the Conference" the Lord Mayor referred to the great task before the delegaten. He said. "Thare are of course numerous difficulties, some obvious and some obscure. but none of them ought to be insuperable, if upproached in the spirit of business common- sense, goodwill and co-operation." The French Premier, Monsieur Tardieu, responding on behalf of the foreign delegations said, "Wa] are servants of peace and it is Ha.

"With such a heritage from the our hope on the one hand to

For the making up of winter General Election the Government diminish by suitable agreements | uniforms:-Mesara. A Yun, office had carried into office the seeds of the danger of conflict and, on the attendants, $1 per suit; -Messra. their own dissolution. They muy other, to make poace less oneraus Tung Hing Co., messengers, 75 tread In our footsteps, they muy and more secured by reducing the cents per suit; Messrs. Tung Hing follow the trail that we blazed, burden which unlimited competi- | Co., R.T.0. messengers, #1;'but that will not save them. bion in naval expenditure has Messrs. At Men Hing Cheong. "At first it was roses, rogos, all imposed upon the world. If we waterworks inspectors, $4.25; the way. But to-day the glamour are all driving for the same goul Mesara. Ah Men Hing Cheong, a wearing off; the Government. how shall we fail to reach an motor drivers, $4.25; Menaars. Ah stock in fulling. Is nothing ria- agreement in regard to the Men Hing Cheong, fan and lighting to compensate It? Yes, 'means,"

Inspector, $4.25; Messrs. Ah Men emnlovment and expenditure and Hing Cheong, f attendants, before long the cost of Hving will $3.35; Messrs. Ah Men Hing follow."

"Empire Markets, Cheong, foreman drain tester, $3.36: Messrs. Ah Men Hing Mr. Baldwin went on to salv that Cheong, Peak watchman, $385; the only expanding markets in the Mesara. "Ah Men Hing Cheong, worl the only markets in whose Indian watchman $3.35; Messrs. expansion we might take part Ah Men Hing Cheong, cleaners, without fighting to rob" someone $3.35; Mesara. Ab Men Hing else of their share, lay in the Cheong, custodians, $3.36; Messra. Empire in the New World.. Ah. Men Hing Cheong, caretaker, $3.35; Mesma. Ah Men Hing Cheong, watchmen, $2.85.

Britain's Role. Observing that they desired that the magnitude of the enterprise should be appreciated, ho nevertheless declared in the name of all-Americans, French, British, Italians and Japanese that they counted upon success. "The City of London now wel- comes us realising that when it comes to preserving peace in far distant lands and among different races, Great Britain can claim

have

played the finest role that human genius con-

to

.

un-

Having paid a tribute to Lord Beaverbrook for bringing before: the country the idea of which we had heard too little in recent years of a united Empire, lie said he be-

throughout our Empire was pos sible and would be a great beneßt to all parts of the Empire.

ceive. My country cord a POWER FROM GRAVITY evented Empire co-operation

othere, is less able to understand:[ this role played by Great Britain in the light of our

own briefer colonial experience. We mast have a long vision. Our diMcul- ties are rathor in our habits of thought than inserted in the ques- tions themselves. We shall how ever, overcome them.

EXPERTS APPROVAL OF CLAIM BY BELGIAN.

Brussels, Dec, 201 The machine invented by M. A.B.C. MANAGEMENT. official, for generating electricity by Charles Clabote, a Belgian State the application of gravitational forca (decribed in the Morning Post | MR. ARTHUR PEARCE'S ACTION last July), has been examined by a FOR BREACH OF CONTRACT. number of scientists and engineers, who were anxious to hear the de- tails of the invention. Th

Landon, Dec, 21. The meeting of the Aerated Breach Company at the Central Hall yesterday lasted two hours.

Mr. Ramsay MacDonald, who proposed the toast of the Lord Mayor and Corporation, said that ther Naval Conference in tlie task, that it would do its best to ful In their reports they declare that fil, had a strange combinating of the principal of the invention; an business idealism, of political entirely new one, based on equili- Lord Greenwood (the Chairman) wisdom and of capacity to under- brfum, is-sound. As for the referred in detall to Sir W. Harry stand what was essential for the machine itself they emphasise that Peat'a report, maintaining that it foundation of national greatness." it is subject to modification and constituted a serious indictment --British Wireless and Router. might perhaps be simplified, of the past management,

They conclude: "When it is re- membered that this is a first model

FOREIGN OFFICE.

SIR R. VANSITTAKI'S NEW SECRETARY.

As to the Managing Director. Mr. Arthur Charles Pearce, the

and a machine is never finished Chairman stated that he could say it can be said that it is very clever- ly contrived..

no more at present than had been stated in the directors' report, Fifty per cent of the electricity inasmuch as Mr. Pearce had com- generated by M. Clabot's machine menced a suit against the company is used to keep it, working, while for breach of contract. The board, the other fifty per cent, can be em- in consequence of Mr. Pearce's ployed for lighting, heating, or action, might have to ask the share. power, and represents the useful holders, to remove him from the energy of the machine,

board. The engagement of the General Manager had been: termi-

fed and the office of Administra tive Adviser abolished,

The report was adopted with nine dissentients. Mr. Pearce did.

London, Jan, 24.- Sir Robert Vansittart, Perman ont Under-Secretary for Foreign

M. Clabot claims that his inven- Affairs, has appointed Mr. Clifford Norton to be his Private Secretary, tion will enable electric current to in place of Mr. G. N. M. Bland be supplied at a cheaper rate than who has been appointed Counsellor is possible by existing methods. and Published for the Proprietors by FaEZZICK PEZDY of His Majesty's Embassy in He has patented the invention in Belgium, England. Canada, and the and 8, Wyndham Street, in the City of Victoria | Brussels→Birtish Wireless.

United States?

not address the meeting,

IN OLD ARIZONA

FRESENTED BY WILLIAM

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EDMUND LOWE

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-FOX MOVILTONE NEWS THIS BEATS ANY YOU'VE YET SEEN

HEAR H.M. KING GEORGE V

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AT THE

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FINAL SHOWINGS TO-DAT

At 2.80, 5.10, 7.15 & 9.20,

"Bookings will be held only until 10 minutes before the commencement of the performance.

A TENS DRAMA OF THE NORT!

The

SIN SISTER

WILLIAM

AT THE

WORLD

At 2.30 87.15

NANCY CARROLL LAWRENCE GRAY JOSEPHINE DUNN

CHARLES KIDIN

FINAL

SHOWINGS

TO-DAY

At 5.15 & 9.20 only

Chinese Pictur»- "TH✨ KIANG NAM GIRL,"

A SINGLE MAN

LEW CODY AILIEN PRINCI

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