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From
MOTION PICTURES.
"Gold Diggers of Broadway"
22027-Painting the Clouds with Sunshine
Tip-Toe thru the Tulips 22113—Tip-Toe thru' the Tulipa
I'm painting the clouds with sunshine 22242-Tip-toe-thru' the Tulips (Organ)
Chant of the Jungle
B-3291-Painting the Clouds with Sunshine
"Say it With Songs"
1425-Little l'af
I Love to hear you singing
21951-ittle Pal (4)rgan)
Why Can't You? "
21952-Little Pal
Why Can't You?
21953 Why Can't You?
Used to you
21951-Little Pal
I'm in Seventh Henven
22056-Now I'm in Love
One Sweet Kiss
Guldkette's Orchestra
Jobeny Marvin
Jean Crawford
I
Grurie Fields
THE HONGKONG TELEGRAPH, TUESDAY, APRIL 7. 1931.
ly hit, because they get salaries, not at the
WATCH THIS AD. change value, at least on
DAILY FOR GOOD AUTO VALUE
CHEVROLET 1% TON 6 cyl. NEW 1931 MODEL 26.33 h.p. Truck Chassis 131" W. B. 30 x 6 Tires Front 32 x 6 H. D. Tires Rear with Spare, olc.
PRICE $2,800,
CHEVROLET 11⁄2 TON DUMP TRUCK without Cab-NEW 1030 Model 6 cylinder 26.33 h.p. 131" Wheelbase
PRICE $2,750.
CHEVROLET 1 TON EX- PRESS TRUCK with Body & Cab Complete 6 cyl, 26 h.p. 131" Wheelbase 1929 Model USED
their full ex-
усгу
DAY BY DAY
favourable term It is truo that many firms who pay their staffs on a dollar basis have devia- ed schumer to compensate their em-18 THE BOGEY THAT KEEPS US AT
WE ARE AFRAID TO HE ANYTHING BUT RESPECTABLE; RESPECTABILITY
ployees for the greatly increased WORK.Alfred Morton. cost of living, but, after making
Should Wages be Cut?
By H. B. ELLISTON.
The Royal Observatory reports due allowance for such compensa that a new anticyclone in central overCONOMIC history is littered The man
Imitations on
tion, the average worker fuds him- N.. China, self still materially out of poc- besides which the mere kot, making of these arrangements in volves the firms concerned in a
ditional expenditure for which there would be no necessity If the placed These com.
of Jaw
who has to pay the ECOM "theorics" wages should be the best judge as
mposing severe
to whether they are economically The Ben Line a.. Benglor, from wajeя. The most dismal of these feasible. Home vin the Straits, is due here on was called the "iron
ДА Wages-cutting would have much, the 20th instant.
wages," or the brazen law, Lassalle described it. Expounded deeper consequences than the re- Busines The P. and O. M. Kalyan, from by many illustrious economists, It tardation of recovery. Singapore, is due here at 4 pm. on held that wages must always tend is looking eagerly toward the Mirzato fall to the point where they mounting total of savings deposits from Shanghai, at 6 am, on the same will be just aufficient to keep the which are the reservoir of the nation's deferred buying. For the day.
Thursday, and the .15.
worker alive. The forthcoming wedding is on- These laws of yesteryear fell most part these savings represent nouneed of Willam Charles Simpson, like ninepins before the assault of surplus from high wages. of the Y.M.C.A., Kowloon, in Anna social conscience. And
wns Wages came down, savings It Gregory Logosh, of the Kowloon social conscience that uprooted have to be withdrawn for the pur Helena May Institute.
Colony currency were upon a proper footing. pensation schemes, in fact, repre- sent an extra burden on business houses already saddled with in- creased taxation as a direct conse quence of the fall of the dollar. To revert to the individual, he is hit in two ways—in the first place, the cost of imported necessities.30 p.m. of life, which constitute the greater
more than doubled; secondly, be
lower level.
would the pre-war concept of wages and Pose of cking out subsistence Introduced the new standard that standards, which, though very The aports of the South Wales labour should share generously high in the United States, would Borderers which had been arranged for to-day have been postponed until as of right in the increasing fruits not be adjusted immediately to a In time lower levels would be to-marrow. They will take place on of production. the Sookunpoo ground, commencing ut
reached all along the fine of re- of tall purchasing. This in turn late has come in for attack by would condemn American Indus- The marriage between Mr. V. J. overal outstanding American try to a permanently lower level THE HONGKONG HOTEL proportion of his dully, needs, has Atkins of the Asiatic Petroleum Co. bankers. Their failure to obtain of activity. Excess plant equip
PRICE $1,750,
GARAGE.
The Hongkonu à éḥanghai Hotels, Ltd. incorporated in tongkant. 15. Green's Road C. and Habbe Rond
ANNOUNCEMENT.
DEATHS.
This is the theory
which
and Miss A. E. Hendry late of the much support, however, gives Education Dept. took place ni A
vement, sustained a prosperity by is culled upon to pay higher hous-Saints Church, Sidmouth, Devon, on point to the statement of Henry high wages, would be permanent
S. Dennison,
the of Dennison unemployed, involving Immense Manufacturing Company, that in
in losses of capital. Permanent con- .
ing rates, increased postal charges, higher excise duties and
the 8th inst.
an en-
A
funds
to
|
commitments.
contain 22 - rounds ammunition, Shui Pul, was charged
4
mainten-
of
the United States payment of bigh traction of home demand would Victory Modal and a Generad
wages is "n rooted tradition."
on also react on the competitive its exponents reach power of American Song Hatel livery car on March 1 from organized labour through abroad, which rests on the
fadustry tirely new tax in order that the Service Medal found left in a long-wadaya
low Government may find
have been handed 20 the police, an bridge the gap between revenues are awaiting a claimant at the Chief every stratum of society to the unit of cost of product obtainable
Inspector's Office
White House. President Hoover from mass consumption at home. received in silver and expenditure
hipped the first breath of banking
To recommend wage-cutting`nt Arrested when leaving the Pre-complaint against the involving sterling
sident McKinley yesterday with ance of wage schedules. Before this time is to miss the actual cause The engagement is announced be-
If we add to these circumstances rattan basket which was subsequently the baskers' convention at Cleve- business stringency. This is simply that supply has outstripped tween Mr. Arthur Brailsfor!
of land fast year, he said that any demand. To remedy this, economic of Government Radio Service the fact that the community's say- found to and Miss Caroline Mary Hardings have been cut in half when with unlawful possession before Mr. departure from present scale thought should logically be riveted uf pounds, Hamilton, at the Kowloon Magistracy would be "a retreat into perpetual on ways for increasing, not de- inge of Harbour Office.
expressed in terms
this morning, but un failing to make unemployment and the acceptance creasing, demand. To this theory one lender of finance shillings and pence, and that re-
his appearance in Court, his ball of a cesspool of poverty for some at least
large part of our people.".
Reens have given his support. In mittances Home call for twice the of $280 was estreated,
What appealed first to social his version of the setback to In- of dollars required in
We are pleased to learn that in the conscience was later found to be dustry, Frank A. Vandarily thinks MCNEILLIE. On the 6th insinumber
W reported economically sound and economi- that capital has received too much Naney, the dearly beloved normal tiraes, the Currency Con-motor mishap which
The economic out of production and labour too daughter of Mr. and Mrs.
missioners will have no difflculty in sisterly, Mr. lgglerden did not cally profitable.
receive such serious injuries as correlative of high wages ja a
way little. This is another MeNollie of Quarry Bay.
lamentable effects at first reported. Apart from bra high level of buying power. "Massanying that the world has too few Funeral passos the Menamont realising the
"the tremendous customers. Civil consumption." at 5 p.m. to-day (Tuesday).
trented at the Government enused by the vagaries of a car.sions and shock, for which she was
consumer demand,'
Industry has not advanced so rency based on such an unsatisfue- Hospital, she escaped unhurt. Her volume of
to place labour in the arm was nut, as first stated, fractured these phrases are always applied for as and bath she and her husband were to the United States. They mean category of fixed costs, like tory medium as silver.
nothing without high wages, be machinery, debentures, and The point which, on behalf of the about as usual yesterday,
cause they are the product of forth. Idealists look forward to we would long-suffering public,
Prompt reseve by the crew a high wages.
generous such a consummation. However, bring to the notice of the Commis Y.Y.K. launch at Blake Pier yester scale of wages has paid not only it may be impossible of achieve- day frustrated on attempt by in high production, but also in
long as the economic sioners is that all these burdships defe to end his life, in the harbour high consumption, is the testimony machine is constantly impeded by would be automatically wiped out The would-be suicide, who gave hi
of purchasing. the variability as Ng Tak-ngau, and his of American Industry as a whole. if the dollar were stablished in the idence as 32, New Market Street In fact, this is its chief justifica-power attached to the dollar-or
the pound or franc or yea. region of its normal sterling value said he had been without employment tlon la industrial eyes.
for some time. He was removed to A thousand and one Industries condition, expressed in a rising 18. 98. the Government Civil Hospital where owe their position to the ability or falling price level, changes the --anywhere, say, between and 24. The cost of imported goods he is recovering from the effects of of wage carnera to buy things out-pressure of all monetary contracts,
his experience.
The present side the category of necessaries. Including wogca. The effects of their purchases be- period of falling prices his thun tween 1924 and 1929 have brought brought into prominence another the very framework of American school of wage cutters who assert to industry into dependence upon that wagos "should at least
John McCormack
Jane Crawford
K.
T
Gene Austin
י
Shitkret-Victor Orchestra
22091-When you come to the end of the day
Mem'ries of One Sweet Kiss
"What a Widow"
22531-Love is like a song
Say "Oul" Cherie
"Obara's Music
J
Aruheim's Orchestra
Pai! Oliver
11
011
C.
LAU AL thu French Hospital at 5.m. 7th April, 1931, Funeral passes the Monument at 3 pm. to- morrow (Wednesday).
The
Hongkong Telegraph.
TUESDAY, APRIL 14, 1981.
Reisman's Orchestra
+
THE COMMUNITY'S BURDEN.
S. MOUTRIE & CO., LTD.
Chater Road,
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BILFER!
more
the
That
BU
This
be
would drop to H reasonable
figure.
and the Government would have no necessity to bolster clusion that the eats in the elty op its revenues in order to meet market have done far
if the steel industry cut wages, If he can get his commodities sterling commitments. On the other keep rats down than nil the costly mass consumption. For instance, realigned with prices.
poisons, tited traps, and bird-
would corner grocer
not cheaper, the wage earner would Whilst the community generally hand, if we are to remain pinned time which is deposited periodical necessarily bo hil, but there would obtain the same quantity.of.com- appreciates the presence the to silver, which may easily drop ly for unwary rodents. In conse-be less money available for the moditles for a smaller monetary
In Anch been decided to buying of automobiles, the manu-wage.
circumstances Colony of the currency experts sent still further in value, we can visua-quence. It has here by the Imperial Government like the Colony facing bankruptcy. place forty cats on the strength facturers of which are the best wage-cutting would not diminish
the happen would be that the Appropriately, for the purpose of studying the These and similar points necil to be of the Municipal Government. They customers of the steel industry, a home market. dollar crisis, there is undoubtedly brought to the attention of the are to Le distinguished from or answer to Albert II. Wiggin, the volume of business activity would
dinary cats by badges of office,latest banker o advocate wage cut-bo valued at lower money terms.
in
therefore,
All that would same
ia
In
a widespreal fear—an unwarranted Commissioners. Indeed 30 con- made up of the colours of the ting, comes from James A. Farrell,
But are prices as low as one, we trust-that the Commis-ceive them to be fit subjects for re-municipality and attached to their president of the United States
Steel Corporation, who says: stoners may come and go without presentations by the Residents' necks by similarly coloured rib;
It is my deliberate judgment sometimes made out? Not whole- sale prices or liquidating prices, giving due heed to the effects of Associations of the Colony, failing hons. They are to provided with that a general reduction of wages but those prices at retail which the silver slump on the general which, individuals might do worse milk, ment. etc. daily at to rest in this country would set back the enter into cost of living. public, but which we mean the great than place their views in writing be-of the ratepayers, and they are not impending recovery by at least December the index for cost of living in the United States and body of ratepayers. It is not, of fore the Commissioners or allowed to be shoo-ed, nor tre If the high wage doctrine
fullon by 6.2 per cent from the such men as Mr.
level of course, suggested that the experts press them through the medium of boys allowed to tie eans to their justified by
the year before, although sehene Farrell, there would seem to be wholesale prices the
had fallen would wilfully overlook any section the newspapers during the time
little further room for argument. much as 15.6 per cent in he twelve- of the community, neither does any the currency experts are with us.
month period between November, responsible element go so far as
1920, and November, 1930. In. comparison, factory pay rolls fell
to believe that the Commissionera
nre likely to be dictated to be those
interests which thrive on a fluctuat-
The H. S. D. Vindicatesl.
When, some several months ago,
ing dollar; the fear is that whilst the measures taken far a reduc-!
the anti-stabilisationists are so well❘tion in the Colony'a radent popula-
organised that they will take every care that their viewpoint is brought to the fore, the general public, be ing nobody's darling, may be left
ردم
not
tion were a topic of discussion by the Sanitary Board, the Chairman caused a great deal of surprise and not a little mistaken hilarity by suggesting the employment of in the lurch unless individuals or ents. It was subsequently organisations make it their busin-plained, we believe, that the Hond ess to see that this does not hap-of the Sanitary. Board was
pen.
trying to be funny;" he had not We are not at the moment con- suggested the engagement of a corned with the larger question of modern Pied Piper; he had muerely. the possible effects of a stabiilsed departed from the normal routine of replies to questions by inqulai- dollar on the trade of the Colony, al-tivo Unofficials to throw out the though in passing we would reiden that an increase in the cat mark that It is logical to expect colony might produce disappear- commercial transactions to be faciliances among the rat tribe. How- tated rather than hampered by the ever, the community refused, much substitution of a stable clement for to its discredit, to take Mr. Sayer
and seriously.
we have had the uncertain factors which present obtain. The point we wish nothing but terao unimaginative
responses to efforts to obtain en-
to stress for the guidance of the lightenment ever since. We hus- Commission is that the decline in ten therefore to give credit where the sterling value of the dollar has credit is due, to show that the been nothing short of disastrous idea was not only an original one, to those whose wage or salary is but that its practical application, paid on a dollar basis; in other is now forming part of anti-rat words, to the great majority of compaigns in other parts of the world. One Gorman municipality, thepopulation. Sterling-paid for instance, has come to the con
Government servants are not great-
tails.
We mention without comment.
two years.
F
EGYPTIAN
ROOM
"Good morning, B1, who's nov
off 27.1 per cent in the twelve- months ending last November.. showing that adjustments
of
wages to cost of living have been amply covered, though the majer part of the drop is, of course, due to unemployment. This figure, incidentally, shows that unom- ployment has already cut a large hole in consumer demand.
Unemployment is used as Bil argument to show that the accept- ance of lower wages would diffuse employment to the jobless. Thun it is contended.: it would leave consumer demand unimpaired. This is a plausible but specious argument. Socially, it would be retreat rade stop, the kind of
from
the new.
Bocial standarda against which President Iloover invelghed economically, it would make for lower standards.. Unemployment cannot be con- nected with the question whether wages and
should
be reduced. The Governors' conference at Albany ahowed that the American people are thinking of unemployment not as an excuse to reduce living standards, but as a spur to im prove them by building on the basis of high wanges a superstruc ture of economic security. Jamer G. Lonsdale, president of the. American Bankers Association, went to the root of the matter when he said industry Well-managed indus
·long,
ago learned the wisdom of In- suring regular payment of dividends. The establishmen (Continued on Page 7.)