Messrs. A. S. WATSON & Co., Ltd.
BEG TO ANNOUNCE
That on account of the New Spirit Duties enforced by the Hongkong Government, all pre- parations containing Alcohol Whether for Toilet or Medicinal use, will as from October 12th 1931, be advanced in price
accordingly.
RECEIVED PER S.S. "NALDERA"
A NEW CONSIGNMENT
OF
"H.M.V." RECORDS
Including Selections From
"White Horse Inn” and “Millionaire Kid." Popular Records by
RAIE DA COSTA-ALEXANDER & MOSE-DEREK OLDHAM, ETC. Dance Records by
JACK HILTON'S ORCHESTRA & AMBROSE'S ORCHESTRA
Complete List Sent on Request.
S. MOUTRIE & CO., LTD.
Tel. 20527
"KEY PATTERN"
No. 45278
Quart decanter
Chater Road,
Liqueur
Champagne 412 stup
Tel. 20527
การเร
Hall-pint tumbler.
THE HONGKONG TELEGRAPH. SATURDAY, OCTOBER 10, 1931.
Internationale can be dissociated from Soviet ofelaidom. If the anti- Japanese movement in China re
BARGAINS presented the spontaneous activity
of the people, and if it could be shown that the Chinese Government
DAY BY DAY
+PHILOSOPHY-78-A-BULLY THAT. TALKS VERY LOUD WHEN THE DAN-
in USED cars. pa taken every step in its power CER IS AT A DISTANCE, BUT THE MO
STUDEBAKER DIRECTOR SIX 1027 MODEL 6. PARA TOURING CAR-BLUE with KHAKI TOP THOROUGHLY RELIABLE AND IN EXCEL- LENT CONDITION (Lie. No. RO).
PRICE $1.000,00.
STUDEBAKER DIRECTOR SIX 1927 MODEL 5 Pass. TOURING CAR-BLUE with KHAKI TOP THOROUGHLY RELIABLE AND IN EXCEL- LENT CONDITION (Lic. No. 21).
to suppress It, then Japan could have little cause for complaint. But when the facts are that govern- mental institutions not only do not
THE
State Control of
Capital.
"THE WORLD'
CRISIS.
Intervene, but actually foster the 1.RELIGION; WHOM, ON MOST OTHER OC-1 ples individual control of capital continue to place their capital in
movement, Japan is quite within her rights in holding the Chinese Government responsible,
The speaker at the Rotarian till on Tuesday is Mr. I.. Forster who will take as his subject "Education, is International Aspect.
#
Insurance
MENT SHE 18 HARD PRESSED BY ̈ ENEMY, SHE IS NOT TO BE FOUND AT HER POST: BUT LEAVES THE BUNT oF THE BATTLE TO HE BORNE DY HER
The form of capitalism which im.¡ reason why 'fhdividuals should not HUMBLER BUT STEAMER COMRADE CASIONS, SHE AFFECTS TO DESPISE. for private ends is doomed to give investments regulated by the Gov- Colton.
way to governmental economic plan- crement and draw a return in addi- tion to wages. The result would be ning in the public interest. Mr. Karsten Larsen, Consul for
This statement at the world con- similar to pensions or Denmark And Norway, resumed
ference of the Institute of Politics benefits. of the charge of
from Association It is thin
these consulates
recently came as a climax to threa
Where Individual Obtrudes. Chinese Government with the boy-September 28, last,
days of deliberation among economi- ists and business men as to whether
"But there is every reason," he cott and all its ramifications which
economic planning could and should declared, "why the choice of the areounts for the strong tine taken
be adopted as a national policy both individual and uninformed Investor by Tokyo in temauling a cessation
in the United States and na between as to what companies and activities nations.
his money shall finance, and when of the movement and in holding
The speaker, Mr. George Soule.
If Chlua responsible for any conse
The Hon. Dr. S. W. Tas, O.R.E. editor of the New Republic, saw not shall do so, is incompatible with
# reasoned economic order. quences which may arise from R.LL.D., is is perform the opening cere- reason why opportunities for offer therefore, we define as the essential With the facts as they are, Japan any of the Uu Long School on Tues- ing to owners of capital a moderate characteristics of Capitalism, the but secure return on investments individual control of capital for pri- PRICE $1,200.00,
would appear to be on good ground day, October 27, at 3 p.m.
should be incompatible with
ends, It cannot survive a The Government Gazette announces planned society, but he said that inte
thorough application of planning." VEHICLES MAY BE INSPECTgin regarding the movement as "a
In saying that on and after October 10, 1931, dividualistically controlled capital
"The basic conflict of society AT OUR STUBBS ROAD GARAGE form of hostile act."
Ko much, we pass no judgment at the price of the prepared oplum knewn i producing large profits is incompat-to-day is the conflict between the as Kamelat shall be $70 for threeble with the public interest and
must sooner or later give way to disposition toward organization und the moment on the rights or wrong
planning, and the defence of indi. sound planning.
vidualistically controlled capital. of Japan's actions in Manchurin,
St. Andrew's Ball will be held on Other speakers at the same gen- beyond expressing the view that,
Friday, 27th November at the Fenin-eral conference touched on variousThe latter has already given much Home of them, especially in theula Hotel. The dates for the practice phases of the problem of economic ground. It is bound to give further
Appear to dances are Tuesday, 17th and Tuesday planning and government control of ground in the future.""
Speaking on the general subject carlier stages, would
24th November.
credit structure. have been ill-advised. But the
Dr. Herbert
von Reckerath of jof the adaptability of economic plan- happenings which have since oc- The Government is asking for ten- Bonn University was of the opinion ning to society, Dr. von Beckernth ders for repairs to the Kausing, for that government-regulated economy was far less convinced than Mr. intensive curred, especially the
the supply of winter uniforms to the
the is not suited to European conditions Soule had been. nature of the anti-Japanese move- farhour Department, and for
and in In general incompatable with "In Europe," he said, "where in- dustry has its strength in ita ability democracy. ment, have created a much larger supply of general stores.
Mr. Soule said the real question, to meat diversified and changing and more serious issue, one which
it. E. the Governor has appointed is not whether a planned civiliza-demands, there is great danger that. may easily involve most agret Mr. L. C. F. Bellamy, M.C., to be a
injure member of the Sanitary Board for ation is possible under capitalism bat when diversified and traditional in- and table consequences
term of three years from September rather what is the capacity of dividualistic consumption is don
capitalism to satisfy human ende away with, in order to make way China's ease in the eyes of the 19, viee Dr. W. V. M. Koch.
and thus to endure, "If capitalism for the sale of uniform and mechan world. If China is wise, she will
has au-cannot plan," he declared, "it will feally produced commodities, more not hesitate to put herself right on
eventually, be capitalism and not will be lost on the side of moral forces which maintain social order this matter. Failure to do so may
planning which will give way.'
Pointing out that planning is es-than will be guined on the mere be disastrous.
sential to and inherent in machine business side.
THE HONGKONG HOTEL GARAGE.
s.
The Bangkong Shanghal Hastelo, Lid,' Incorporated in Baghong.
Simpy Valley Stube Ronal
ANNOUNCEMENT.
The wedding of Mr. W. G. Harrison Mian M. B. Mallett is announced to take place on Monday, October 12th at 1.30 p.m. at St. Peters Church Hongkong. No invitations are being issued but ali friends will be welcome at the Church and afterwards at n reception to be held at Lane Craw ford's Restaurant, Exchange Building.
The
Hongkong Telegraph.
SATURDAY, October 10, 1981.
JAPAN AND CHINA,
National China.
tacks.
The Governor in Council thorised Mr Harry John Naira to be auditor in compliance with the Com- panies Ordinance, 1911, to perform the duties mentioned by such Ordinance.
10th.
brings about."
technique, he said "our economic "So, for Europe at least, a diver- His Excellenty the Governor has arrangements brenk down in so far sifted versatile business system is appointed Mr. Frank Arthur Hopkins as planning is not applied to an under many considerations more to act as Superintendent of Prisons The futility. rather the disasuring the absence from the Colony area co-extensive with the interre- desirable than a business system en- trous potentialities, of internal dis-of Mr. J. W. Franks, from October lations which the machine technique tirely developed on national lines of man production and business regu- "But planning." he went on. "Im-lution.". sension in China in these days of
As for democratic countries na crisis and calamity is recognised on
It is notified that at the end of blow the substitution of a collective to
that of individual ad- all hands. If the country la
three months from date, The Wai On objective
one independent enough of group emerge with any sort of prestige Treung. Limited, will, unless cause in vantage and domination, It implies soup, he asked where is to be found from her time of trial-no matter hewn to the contrary, be struck off the substitution of order for dis- interests and political and economic what the causes and whose the the register and the company will be order by the co-ordination of activi-cliques to handle such a complicated ties. It thus it very nature system of economic policy merely restricts the cor 13th of individ- under the consideration of main-
out of taining stable business conditions. ual choice and of chance, which speculative gains and losses
Sees Better Days for Communism. urine.
"Only such profits as may be earn.
Communiem was defended before ed without the incurring of sub-
tolerated the round table on distribution of stantial risk could be under a thoroughly planned indus wealth and income by Carl Haessler, The next general meeting of the trial order. The queatlen is, there. managing editor of the Federated longkong University Medical Society fore, whether capitalism will choose Press, who declared the Communist will be held on Thursday, October 15,
the to cling to machine technique, with machine will be working well in un- at 5.16 p.m. in Room K. of
Rome
be
dissolved.
of
A
order that
11n-
responsibility-differences Unhappily, instead of diminish-
tween politicians must be subor- The Government Gazette contains ing. tension between Japan and dinated to the nationul interests. notice
tenements in the Chás appears to be increasing. China's position is very similar to valuation of the
Colony for the year commencing July. The latest incident reported, the that of Great Britain. In England, 1, 1932, shall be made from April 30, bombing of Chinchow by Japanese an economic peril has brought the tha2 or as soon as possible thereafter.
Till political planes, is likely to add fuel' to the leading figures of fire. As might have been expect. parties together determined to fight a joint battle for the country's ed, each side blames the other,
survival. In China, alatesmen are
It will not be subject to the fric- and, until the facts are impartially faced with two
grave problems, University Main Buthing. Professor all that it implies, or to the chance other decade.
tion and problems of Capitalian he investigated," it over they are, it will either of which would be sufficient J. L. Shelisheur, M.D., will read a fur speculative or otherwise
"If it chooses the latter, in the held because under the Communist with lantern-slides. be impassible to apportion the res.to engage the Government's entire paper on "Siranthropus," illustrated earned profit.
main, it must eventually fall, for we theory the only purpose of produc- considerable
that society will tion in consumption, while under ponsibility. The suggestion that energies for
According to the China Prons, Sir cannot asume Japanese militarists exceeded their time. On the one hand, the dia
"It is hard," he said., "for the powers may be dismissed as being Pate with Japan has got to be set-Robert Ho Tung made a second con- abandon machine technique or will Capitalism the purpose of produc
iled and the combined common-tribution toward the National Flood fail to develop further its inherenttion is profit. hardly a true reflection of the situation; far more probable is it necessary if cash handling of the Madame Chang Hauch-liang in nddi-under the planning of the future view of Communist economics be rucket- that the Japanese commanders on situation is to be avoided. On the tion to the $10,000 which he gave some would be very different from what cause Communists" regard. Capital-
on all time ago in Shanghni.
we know to-day, and it might take ist activity as essentially the spot have been given consider other hand, flood rellef
the form of state or collective ecring. If a rucket is an institu- able latitude to act as the circunt enormous scale must be organismi
Sir William Harrison Moere, well-capitalism, under which planned tion by which a mluority with a big stances might warrant in case of and quickly if one of the greatest known Australian jurist, arrived by control of the bulk of investment. stick exacts toll from a defenceless
disasters in modern history la not the Changte, accompanied by Lady
return on in-majority, then, by Communlet deff- Sir William. went from and consequently of Be that as it may, it
to assume even more catastrophic Moore.
wealth in greater measure to those would seem that so long as pre-proportious. Efforts are now sing journalism to the bar and was Profes- vestment would be a cardinal actinition, the system of distributing
sor of Law at Melbourne University, vity.
Under such a system, operated for who do not work than to those who sent tension remalus, there will made, with fair prospects of suce has represented Australin on the
the general public good, he saw no do comes under that head.
"The depression has made plain always be a danger of unfortunate eess, to settle the dispute between Lengue of Nationis Assembly.
the racketeering character of un- earned income and of disproportion- ate rewards to Capitalist birds of prey. If a return of prosperity continues to stay just around the corner we may expect a harvest of Populist if not Communist legisin.. tive proposals and a growing feel ing of discomfort among our eco- nomic aristocrats and kings."
sense of all China's leaders may be Relief Fund during his recent visit to tendency."
Peking by donating $6,000 through What would be left of capitalism western world to get the point of
emergency.
incidents arising to complicate and aggravate the situation still further, Japais, however, will ny herself open to criticism if she pursues anything in the nature of a provocative policy at this june- ture.
Cheet
Sherry
Pur
for very
Liquour glasses...
Shorry
Port
Clarot Champagno,, Custard
"
.. 15.50
fon foot) 10.50
(without) 8.00
Cocktail tumblers"
Finger Bowls
per
14.50 doz.
Ice plates
... 14.50
Hock glasses, ruby 20.00
Kroon 20:50
Per dor.
7,50
9 50
... 9:50
11 00
Jugs, 2 pints
1.
6.00
1/4 pint
6 50
753
LI
*
+
1
9.00
10.50
4.00 each.
- 3 50
1
2.50
Decanters, 1 ping 4.50 Quart 5.50
Clarot 6.50
Y
11
+4
Glassware Dept.
T
Phone 28151.
Lane, Crawford, Ltd.
Canton and Nanking. But hegetia ties mean delay and delay may mean the loss of opportunities. The exigencies of the moment al most demand that the leaders of the country should not even try to They settle their differences. must forget them lemporarily and When we come to analyse Jawork together to bring a satisfuc pan'a protest to China, it must be tory termination of the two great country, conceded that there are grounds now before the
Time enough when the crisis in serious complaint by past to discuss detalls of internal яentiments Tokyo. The anti-Japanese move-organisation. These ment is, without a doubt, being are, we are happy to note, shared fostered by Chinese governmental by thinking men in China. Dr. C. L Hsin, principal of Medhurst organisations. Iere we have a
College, Shanghai, has issued an recurrence of tactics with which appeal in these terms, urging a foreigners in China have long new spirit, a large-minded, far- since been familiar. The Kuomin-eighted, statesmanlike outlook in- tang has figured prominently in alend of the small-mindedness-of demonstrations which have taken old, beset by petty formalities und place in North, Central and South minor grievances. Should the api China. It was suggested the other peal meet with response, the pre- sent crisis may provo a blossing in that Chiang day, from Canton,
disguise. Kai-shek's agents have been stir- ring up the trouble, but we cannot
Health Bulletin of Eastern overlook the fact that there haveports for the week ending the 3rd. been huge demonstrations in the inat, gives the following cases of in South, planned for the purpose of fectious diseasen and the deaths there- from: Plague, Beirut 2 cases, Cholera, encouraging the boycott of all Basrah 19 cases 11 deaths, Bombay things Japanese, in which promi-1 case 1 death, Calcutta 23 cases 12 deaths, Prom-Penh 1 case 1 death. nont Kuomintang and Government at Shanghai 20 cases 7 deaths, Shang Jondors have participated, Every-hai 20 cases 8 deaths, Small-pox. Cochin 1 case, Madras D caran, Nega- body knows that the Kuomintang patam I case i death, Rangoon 2 cases can no more be distinguished from 1 death, Tuticorin 4 cases 1 death, the Government than the Third Vizagapatan 4 casos, Emigon 4 casca
S'deaths.
.
"Cheer up, Sergeant. Summer's almost over and this place
will thaw out soon."
Future of Great Britain.
મ
Great Britain faces an economic future with a slower rate of develop ment under which other forms of progress may take the place of a constantly increasing material stan- dard of life said, Prof. T. E. Gre- of the London School of Econ- umica.
Но ouflino Britain's present economie strength and weakness and suggested a possible. course for fu ture action. He saw in all, how- evera-slowing down-in-Industrial nctivity.
According to Professor Gregory, Great
Britain's economic assets are
a great limit of good will and many markets bound by ties of sentiment; large British investments through. out the world; profitable shipping and banking services, and a con- tinued increase In Its per capita productivity.
With these assola It is forced to combat forces over which it has no control. These, he said, are changes in the demand for staple 'products. such as cotton, wood and coal, changes in technique of agriculture, growth of nationalism' expressed in tariffs, discriminations against im- ported capital, and the level of world prices.
(Continued on Pape 7.)