THE
HONGKONG
· ECONOMIC PROBLEMS OF WORLD.
STRIKING ADDRESS BY SIR WALTER LAYTON,
London, Jan. 2.
being operated by each country trying to save itself, but mean- while strangling its neighbour.
The world's commerce, he said, was down to something like half ite volume of two years ago. Tariffs had played havoc with capital and produced quite unox- pected results regarding payment Striking observationa upon of deble and Reparations. They world economic problems were could have been paid in goods but, made by Sir Walter Layton, the they were not, and had produced prominent economist, in address-Brent movements of gold and the
resultant chaon. toy the Anglo-French Studies Association in London to-day.
Sir Walter Layton said that the gold standard, from which other Sir Waltor Layton emphasised countries might have to depart be- the danger of hampering interna-fore very long, could not be re- tional trade by tariff barriers and instated until the Reparations declared thai while gold was use problem was regularised in such ful for settling small denlings, it way that any reparation paid was in effect merely apare cash in was paid in goods. That meant the till and could not settle in-there must be some annity in debtedness between nationa on tariff questions. gaged in lending or supplying large quantities of goods one to the other.
"The key may be that we shall
| have to form a group of countries which have common understand- Some solution of the tariff foue, ing in regard to their money and which was reiting worse, 'must (nt the same time have understand- be found. The financint crisising in regard to what is sensible had aggravated It, for there were tariff policy. It doen not mean in many countrien not only tariffs that in every country there has to but an absolute strangle hold on be free trade. At prosent we trade through exchange control. have to alm at a group of the same Every conceivable device was tariff countries."--British Wireless,
MOM
MESSAGERIES
MARITIMES
FRENCH MAIL STEAMERS.
Sailinga from Hongkong.
1 MARSEILLES via Saigon,
1:0gapore, Colombo, Djibouti
(Aden Suez, Port-Said.
SPHINX...
3th Jan. PORTHOS.
19th Jan. CHENONCEAUX... 2nd Feb ATHOS ........ 16 Fub D'ARTAGNAN, 1st Mar ANDRE LEBON..... 15th Mar. FELIX ROUSSEL 29 Mar.
G. METZINGER..... 12th Apr.
To YOKOHAMA via Shonghai
« Robe
CHENONCEAUX... Gil: Jaz ATHOS II.................... 2010 Jan. D'ARTAGNAN................. 3rd Feb. ANDRE LEBON .. 17. Fou, FELIX ROUSSEL... 2nd Mar, G. METZINGER... 16th Mar, SPHINX.
29th Mar, PORTHOS
12th Apr,
our mail
Wo can ikawo through, trokets to Egypt, Byrian porta, East Africa. Madagascar by transhipment on stormore at Port-Said or Djibouti.
COMMERCIAL LINE.
For DUNKIRK vin Haiphong, Oran Le Havre: 0/8 "YANG
TES" un er about 4th January.
K
For full Particulara, apply to:--
Telephones: 20851.
Cic. des, MESSAGEDIES MARITIMES,
8, Queen's Building.
LLOYD TRIESTINO
FORTNIGHTLY PASSENGERS AND FREIGHT SERVICE FOR
BRINDISI, VEnice & trieSTE
via Singapore, Colombo, Bombay, Aden, Sues, & Port Said
·Peking Cargo on through Bills of Lading to Flume, Genon, All Italian, Adriatic, Levant, Black Sen and Danube Parts Passengers to LONDON (Overland)
NEXT SALLINGS FROM HONG KONG
M.V. HILDA (Cargo boat) *8.8. PILSNA (Passenger toatì
M.V. COL DI LANA Cargo boat)
9.8. GANGE (Passenger boat)
B.S. MONGALIERI {Cargo boat) *8.8. CONTE ROSSO (Passenger boat)
*Passenger Steamers to Shanghai only
Yer
For Shanghai Bingspore & Jupan & Italy
17th Jan. 12th Jun. 24th Jan.
(11a.m.) 11th Jan. 14th Feb. 31st Jan.. 10cm Fob.
(1 a.m.) (6 p.m.
8th Feb. 13 h Mar. 4th Mar. 13h Mar. (noon) (10 p.m.)
Attention is called to the .s. Gange and as. Conte Rosso which will make the voyage Hongkong Venice in 22 and 21 days respectively thus allowing London Passengers to reach destination the day following their disembarkation at Venice.
Sailing Dates subject to alteration without notice. For further particulara please apply to:-
Queen's Building,
Tel C. 18821.
1st June 30 November ...
Jaa
TELEGRAPH. MONDAY, JANUARY 4. 1932.
SHIP BURNT IN SPECTACULAR FIRE.
The Alaska steamer Alameda is here shown on her last journey-being towed by tugs from Seattle pier to a sendspit for beaching, while fire destroyed bar. Two men ship. Fireman, unable to stop the blare, had the varael towed away to safeguard waterfront property. were rescued from the
GEMS OF PERIL.
The lobby was dark except for a dim light way at the back, which proved to be a watch-light kept burning for safeguard in a tile hole-in-the-wall jewellery shop open- neck-ng off the labby. By Ita pale and hustly radiance they found thair was a black, empty cavern which way up the stairs-the elevator Mary hurried past with averted
LESSON SERMON,
FIRST CHURCH OF CHRIST, SCIENTIST, HONGKONG.
Lesson-Sermon in all Churches of "God" was the subject of the Christ, Scientist, yesterday.
(Continued from Page 3.) luck that they had seen the Ince. But if Dirk hadn't and the zoom was empty, she wouldn't have been so foolhardy. But was hard luck after all? That van what Bowen had wanted--to give eyes,
The Golden Text was.-"Ye the Fig a dash of the necklace. After Steps, stepa, steps-arm in arm shall know that I am in the midst that, they wouldn't be able to shake they went up. Mary's lingers of Israel, and that I am the Lord bim off.
fairly pinching Dirk's arm, so tense your God, and none clae; and my was their pressure. The stair-well people shall never be ashamed." Was pitch black, but each landing (Joel 2; 27.) place was faintly lightened from without by a tall, arrow window. On one of these Dirk bent his head and kissed har.
Fear grew in her. if Bowen's reasoning were true, then the Fl might be following them this very
comprised the Lesson-Sermon was Among the citations which mminute. Her hand closed convul-
the following from the Bible. sively about the necklace, and once mor she turned to look back.
"Bless the Lord, O my soul, and forget not all his benefits: Who They were in lower Broadway see well enough by this time to see henleth all thy diseases; (Psalm forgiveth all thine iniquities; who now, in the manufacturing dis- that he was smiling fondly. She 103; 2,3.) trict,
dark and comparatively deserted, heading for the Nassatt fully," he said. They did not
squeezed his arm tighter.
"AW-
l
Dirk ducked his head and looked in the windshield mirror.
"Seared?" he asked.
She could
or two,
and
The Lesson-Sermon
also in-
stret law office of Stephen Rugther seem to be in a hurry to go on. cluded the following passage from and Son. They were going along at He held her against him for a the Christian Science about 45 miles an hour, but cling-breathless minute
textbook. "Selence and Health, with key to ing tenaciously on their trail, about whispered. "It's been a long time the Scriptures," by Mary Baker
block behind, was Bowen's machine, its "one-man top" sway!
Eddy. God is admitted to be "That was one of their own the only ing perilously in the breeze,
Mind and Life, there particular jokes; sometimes they ceases to be any opportunity for even said it between kisses, and Itsin and death. When we learn in seemed terribly funny. It didn't Science how to be perfect even an seem funny now, for it had been a our Father in heaven is perfect, "Is that fool following us?" he long time... since last night, in thought Is turned into new and asked disgustedly.
fact. Two o'clock this morning, healthy channels,towards the "Seems to be," was all she could rather. Arms about each other, contemplation of things Immortal
Now, what was he doing that they went upstairs.
and away from materiality to the for? Was it possible that he, him- The blaze of light that followed Principle of the universe, includ self-o, he couldn't have had any when Dirk had opened the office ing harmonious man." (P. 276.) thing but the best of motives in 'door and punched the button was mind, or he would not have given blinding. Mary threw up her hand Dirk his volver.
to protect her eyes from it. Dirk my mind, and I'd have bucked Nassau street was dark and its went straight to the anfe and be-junder the strain." narrowness seemed to close in on gan twirling the knob. Mary un-
Mary lifted ironical eyebrows. Mary like the walls of a prison as fastened the ruby necklace, held"What? Surely you don't believe they came to a atop before the it up for a just admiring glance. In such nonsense as thieves and samll office building in which three and put it into the soft leather thinga?" generation of Buythers had their bell he held out for it. He Inid offices.
it away inside, shut the door and) Dirk was about to reply, when "Cover that up," Dirk told her
japun the knob,
the very
windows reverberated curtly, as he turned the key in the
with the force of a crash in the "Phew" he anid, getting up and street outside. Pausir only long switch and locked the car. Holding duating off his hands. "Thank enough to pick up the gun Bower the collar of her coat tightly across God that's done!" her throat with both hands,
He made a had given him, Dirk rushed to one she pretence of mopping his fevered of the windows which faced Nas- got out and followed him into the brow with a handkerchief. "Five sau street, lifted it and looked out. building.
more minutes with that thing on.
(To be Continued.)
THE HONGKONG & WHAMPOA Dock Co., LTD.
Telegrams,
**MANIFESTO, NONTRONG
Head Office and Works: KOWLOON, HONGKONG.
Telephonse i ONG KONG OFFICE $2920.
PALA DIÈK 26053.
DOCK OWNERS, SHIP DESIGNERS AND BUILDERS, MARINE AND LAND ENGINEERS. BOILER MAKERS, STEEL, IRON AND BRASS FOUNDERS FORGE MASTERS, WELDERS AND, ELECTRICAL ENGINEERS.
DODWELL & co., LTD.
Agents,
Oz ioyda
11% of
A
Approved Cant
tel
Bet
++
£60.0 0. £75,0.0.
Manut
funera
GLEN LINE.
FARES HONGKONG TO LONDON.
1st December 31st May *** ***
----ĶO LONDON, ROTTERDAM & HAMBURB via STRAITS & COLOMBO.
TO SHANGHAI, KOBE, YOKOHAMA & VLADIVOSTOCK.
Stommship "GLENSHAND"
6th Jan.
Mator Vosaol "GLENA MOY ...
18th Jan.
Breamship "CARNARVONSHIRE"
29th Jan.
Motor Vassel "GLENLUCE"
15th Feb.
For freight, panasze and further particulars, apply to
JARDINE, WATHESON & CO., LTD. AGENTAL THE OLEN LINE, LTO,
T.S.S. "EMPRESS OF JAPAN.”
In No. 1 Dock. Skip Dimensions:—606′0′′ 0, A. × 82′6′′ × 45′6′′ Mid.
26.000 tona Groen.
The dimensions of No. 1 Dock'are 7000′′ × 88′0′′ x 30'6" Over af. H.W. 0.8.T. Salvage Tug "Henry_Kewick" 2,000. L.B.P. Wireless Call Bignal V.P.B.T. and Flag Call Bignal. T..Q.B. Skeerlegs espable of lifting 60 tona. Codes Used: A1, A.B.C. Fifth Editions Engineering, First and Second Edition, Western Union. Bentley and Watkinn.
Kindly send enquirica to the Chief Manager,
R.M_DYER, BS MINA, Kowloon-Dock-Hongkong,
Farbour Call Finge
Inglater
H."
Boller
KOT
***
Whipwright
MUELLER
EXPRESS
PNEUMA
BARBER WILHELMSEN
LINE.
THE PREMIER ALL WATER ROUTE TO NEW YORK and other U.S. Atlantic Forts vis Panama.
All Vessel call at SAN FRANCISCO and LOS ANGELES en route.
Passengers desiring to travel, by this interesting route will find the accommodation provided well up to their expections, and at a cost most reasonable.
For Passenger and Freight information please apply —
DODWELL & CO., LTD.
Queen's Buildings.
Agents.
Telephone 28021.
P. & O. BRITISH-INDIA, APCAR AND EASTERN & AUSTRALIAN LINES.
(COMPANIES incorporated in ENGLAND) Taking Cargo on through Bills of Lading for Straits, Java ung Burma, Ceylon, India, Parsian Gulf, Mauritius, X. & 8. Afries, Australasia, including, New Zealand & Queensland Paris, Red Boa Egypt, Constantinople, Greece. Levantine Poziti Europa Bic.
PENINSULAR & ORIENTAL FORTNIGHTLY DIRECT ROYA MAIL STEAMERS. (UNDER CONTRACT WITH B.M. GOVERNMENT.)
8. 8.
*MIRZAPORE +KARMALA CHITRAL
† KASHMIR N LDERA 18OUDAN
CARTHAGE R-JPUT NA *Cargo only.
Tons
From, Hong- kong (about
1032
Destination
6,700 | 6 Jan. 10 am. Straits, Colombo & B'bay
9,000 16th Jan. | M'lea, L'den, R'àm & A'wory ' 15,00 | 30th Jan. Į Rambay, M'ler & L'don
9,00 13 h Feb. | M'ler, L'don, R'dm & A'werp 16,600 27th Feb. Eombay, M'ies & L'don | 6,800 | 5th Mar. | M'les, Lˇdon, Havre, H'burg,
Rotterdam Antwers & Hull
| 15,000 | 12th Mar
Marseilles & London
Maiseilles & Londoh
| 17,000, 26th Mar. Calla Coss Bianca. +Calls Djibouti.
Frequent connections from Port Said for Purvangers und Ökryt E Constantinople, Pireana, Smyrna and other Leriat Porta by Biwonne of the Khadivial Mall 9.8. Co.
SANTHIA TALMA
BRITISH INDIA-APCAR SAILINGS
BIRIO 10,000
8th Jan. 22nd Jan.
S'pore, Penang & Calcutta S'pore, Penang & Caloutts
·B. -L- Apear-Line-steamers - baru¬uresllient=mopommodation Bet-Er and and class passenger).
EASTERN & AUSTRALIAN SAILINGS (South)
NELLORE TANDA NANKIN
·7,000 ||
7,000 7,000
30th Jan. 4th Mar. 21 d Apr.
"Manila, Rabaul,
Brisbane, Sydney
and Melbourne
Regular Monthly Ballings from Hongkong to Shanghai and Jupi and Hongkong to Australia,
Hong-Kong to Sydney—19 days, Frequent connections from Australia with the following!-- The Union 8.9. Co.'s_Stomizers to the United Kingdom via Mar Kealand, Vancouver, Ban Francisco, ete,
The F. & 0. Royal Mail Steamers to London and TP. 4.0. Branch Series of Steamere to Londos via Brasil. The New Zealand Shipping Co.'s Steamers for Southampton (2017 London via Panamo Canal.
+NELLORE
İKALYAN TALA MBA
KASHMIR 1BOUDAN NALDERA CARTHAGE
RAJPUTANA
SAILINGS TO SHANGHAI & JAPAN
1982
| 7,000 | 4 Jan. 4 p.m. S'hai, Moji, Kobo, Osaka
& Yoko 9,100 10th Jan. 1 8'hai, Kobe & Yoko 8,000 15th Jan. J Amoy, S'hal, Moji, Kobe
& Opaka 9,000 15th Jon. | 8'hai, Moji, Kobo & Yoko 6,800 | 26th Jan. 8'bai, Kobe & Yoko 16,000 | 29th Jan. 6'hai, Kobe & Yoko 15,000 | 12th Feb. | B’hai, Koba & Yoko 17,000 26th Feb. [ B'bai, Kobo & Yoko
1Cargo onlv. †Calle Nagoya.
All dates are approximate and subject to altération without notice,
Parcels Measuring not more than 5 oft. will be received at the Co'n Office up to noon on the day previous to sailing
For Passage Rates, Handbooks, Freights, oto, apply to
|`MACKINNON, MACKENZIE & Co. P. & O. Bldg., Connaught Rd, C Agents.
TRAVEL A.-O. LINE
Tь AUSTRALIA. Calling at Manila (P. Is.), Thunday in. Cairas, Towner{}100+)
Brisbane, Sydney and Melbourne.
DIL
BRITISH STEAMERS: CHANGTE · TAIPING (väntap});
FASTEST 24 MOST UP-TO-DATE SYBANERS IN THE SURVICE. ELECTRIC LAUNDRY, BARBBA SHOP, BURCHON 14 STEWARDESS CARRIED, Ends Your Short Leave in Australia and New Zealand, Hong Kong, Sydney-19 Days
FIRST CLASS FARE TO SYDNEY. 874 RETURN
-
•
+
ATBAMER
TAIPING EN CHANEIR...
TAIPING **
CHANUTE
LONDON (via, Australia) from £1M/IJA, (Australian Newspapazu'on Ala).
Dva Hong KonS
Feb. Th
Mar.
N
Apr. 18th
Barse Hong Kong. Fluarea AGREE Dwby' bay
Jan. 18th
Yok. 2012
Aut. 201
AUSTRALIAN - ORIENTAL LINELLIK
DUYTHO
LA HONG SOÁT T
Have vis. Australia Tour-aa. "Chantam Upening of the Sydney Harbour Bridge Istalled Itinerary on applis wiGH: FAN