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The
Happy Vallar
Hongkong Telegraph
WEDNESDAY, APRIL 6, 1932.
THE RISE IN THE
POUND.
Those who have been watching the steady rise in the pound sterling with satisfaction may be all interested to learn that not financiers are gratified at the de- velopment, Indeed, the view has
at the old parity, then at some
figure around four dollars. Thus
the two forces dopenda partly up- on the relative importance of geld As pro- and non-gold countries ducers and consumers of particu- lar goods, partly upon the influence of London as a world-trading and Midland financial centre. The
R
DAY BY DAY
mac
MORAL
THE DEEPEST ROOT OF DISORDER LIES IN AN IMMODERATE EXPECTATION Morley.
OF
HAPPINESS.—
F
EDGAR WALLACE AS
I KNEW HIM.
By "AN OLD STAGER.'
ALEET Street has lost its Super-, had a literary Midas touch. Two man. His requiem has been millions of its books sold in one Bank estimates that sterling can bo
His crooks plays made Chanted to the obligato of the year.
In between put almost, if not quite, on
roaring printing presses. News-Marathon runs parity with gold in respect of re- Intive
The P. and O. as, Corfu, from puper people are not given to wear-whiles he turned out short storica, commodity power over prices. At any rate, the gold Shanghai, is due bere at & nm. on ing either their hearts or crape wrote newspaper articles, and ran bands on their sleeves. But the racing columns. One journal paid working rank and file of journal-him £10 a day for a single tip. standard countries, and those Friday.
Yet Edgar Wallace survived tho maintaining nominal parity with
A golf-educated, Quarantine restrictions imposest bylism, the veterans who graduated gold, account for approximately
corrosion of immense. wealth and one-half the total of the world's longkong against arrivals from Amoy in the Street of Adventure before supreme. Leat.
on account of small-pox have been re- the war, mourn sincerely for Ed-self-made man, he withstood the
Har Wallace. international trade. It is there-moved.
For them his passing is in-great celebrity. Ho remained just fore highly important that the
The forthcoming wedding is un-comparably a heavier blow than the same shrewd, sheory, debonair, sterling prices of commodities
nounced of Mr. Stacy Pierce Harris, of was the death of Lord Northcliffe. good-hearted fellow that he had al- should not be pulled down by a the U.S.S. Mindanno, to Miss Matuno The latter was a remote figure, ways been. Fortune might pamp- Bonsational, rise in the gold ex-layashi, No. 87, Morrison Hill Road. a newspaper Bruss Hat with aer, but she could not spoil him. Wallace His generosity was unostentatious pulssant baton. Edgar change value of sterling. What is
Severely scalded by an escape or carried his pack in the ranks, and, and princely. His right hand needed is a rise in sterling prices to somewhere around the 1920steam in the engine room of the 8.a. out of earshot of the red-tabbed never knew which of his pockets. Amongst level, accompanied by a rise in the Hiroshi Maru, Li Foo, a fireman, was staff, laughed with the rest of us his left hand was robbing for
of never again have, in the New innumerable geature gold prices of commodities induced taken to the Kwang Wah Hospital at the mighty Napoleons. We may somebody or something.
Grub Street that is already old spontaneous by controlled inflation in the gold-
II.E. the Governor and Lady Peel and Jaded, such a pleturesque, de- | Fleet Street dogs over hard atllos. His life was exotic. Ho smoked standard countries,, as America,
the bonair adventurer.
hundred cigarettes a day, attended the 7.16 showing of
Edgar Wallace never know his around is trying to bring about.
British film, "Sunshine Susie," at the It is suggested that if
plan, he was adopted by the warm-walking stick. His special weak- British Government were to de-King's Theatre last evening. There parents. A Cockney poor-law or always in a holder as long an
was again a packed house.
hearted wife of a Stepney fish nose was an amazing jazz dressing
the
last night.
benevolence,
quiet, he
auch emor-
elare definitely for a managed
As announced at yesterday's tilih, porter. His foster mother work-jacket, but he needed that. Be paper currency for all time, if it
next week's Rotary Club in willed at a washtub to eke out the cause his favourite plan was to were to. express its intention of restoring the 1929 sterling price take place on the President Hoover. humble earnings of an impoverish-get up after midnight, ring for The speaker will be Mr. A. M. Bowes jed household. In his most high the butler who was always on lovel and maintaining it by the Smith, whose subject will be "These and palmy days, Edgar Wallace night duty against
nover censed to remember, andgencies, and, with ten or coffee as usual monetary methods, the gam-Bullion Brokers."
never forgot to honour, that de-a stimulant, delve away in his ble in the sterling exchange would
by rent soul IIe meant it when he crook treasury. Weird tales are death. A Invitations have been issuet! din an instantaneous
then the Chief Petty Officer and the Petty said that the woman behind the told of how many novels ho could cheap money policy could
Meers of H.M.S. Cumberland for wastub was the real backbone of dicinte at once. He was a gener- ous employer, but no shorthand- safely be followed, which would flannel Jance (the last of the season)England.
stick the расе After trying to earn a pittance typist could
who Ket
wag not in various ways, including welling he stimulate capital development at at the Garrison Lecture Hall, Friday,
equal home and provide an increased April 15, beginning at 8.30 p.m.
papers outside the Press Club of to record. But the dictaphone was demand for Jabour. Sterling
which he was to become chairman his net. Its sheer modernity and rise and prices would gradually
and patron. Edgar Wallace en-allckness enticed his temperament.
Cheeful Loser. Amerien would be given a real
isited in a line regiment, trans-
A born gambler, only the race- chance to make good with her
ferred to the R.A.M.C., and found
shoulders with course was allowed to Interrupt himself rubbing As "controlled inflation" scheme.
Table Mountain.
the hustling tenor of his literary เเอพ and then he long as an active market in for-
the hectic gold- ward exchange were maintained, the fluctuations in the exchange values of the pound would not be to the detriment of international trade. The future of London as the world's financini rentre would not be prejudiced. Sterling would become the world'standard instead
of gold. As Mr. Keynes remarked recently, the old gold standard worked well when it was in effect a sterling standard, but when gold went "off" sterling last autumn,
it
Mesare. Wm. Poweli, Ltd., ndvertise that the thirty-frst ordinary general meeting of shareholders will be held in the offices of Munars. Perey Smith, Seth & Fleming, 6, Des Voeux Rond Central, on Thursday, April 21, at 11.30 am,
Just after Edgar Wallace had way. But
it was reported by the police this deserted his milltary career to try emerged from morning that a young married woman, out his luck as a writer, the Boer getting to preside at a Press Club named Leung Kit-hing, living at 11, War came along to give him his dinner or play a rubber of bridge Gough Street, attempted suicide by first real leg up. He turned war in the club cardroom he had one taking Phanoderan tablets. She was correspondent, and his vivid style, day had the fancy to refurnish out removed yesterday to the Government knowledge of Army ways, and still of his own purse. I have often more the cool audacity and alert sat opposite that long cigarette- aplomb with which he bluffed the holder as partner in a hard-fought Civil Hospital.
four
and pulmonary tuberculosis, 3 deaths.
The return of notifiable diseases in military censor and got his stories rubber. Edgar Wallace was not a front rank player, and had an the Colony for the week ended April through to London, secured him a
Incurable habit of overcalling his shows the following cases of Infec- good job on Northcliffe's paper.
the hand rather than lot a rubber go. fairly in He was now tious diseases and the deaths there- from: small-pox, nine eases and eight journalistic saddle, but still only He could not stand knuckling down
diphtheria. deaths,
of fortune in Fleet even at cards. But what a graceful- trooper cases; enteric two cases, three deaths; cerebre Street. He remained just a hum-ly cheerful loser he could be!
That was his philosophy of life. the gold standard became doomed, apinal fever 13 cases, and one death;iarum reporter, cheery, bright, re-
up, till heHe meant what he frankly aald in wo followed, Whatever policy is
enses of small-pox, one of diph-sourceful, and hard
degree with his biography-lean adventure had charms for him than seems highly desirable that the theria, Ave of enteric fever and one struck oil in some Bank of England and the Federal of cerebro-apinal fever were reported "Four Just Men," It was the beat greater
of Health on of all his books, but it was a des- settled affluence. He sometimes pairing effort to sell a rejected sighed for the savoury husks of Monday. Reserve Bank of New York should to the Medical Officer
short story by extending it. his old Fleet Street days. I fancy work in collaboration to prevent a
he found more zest at the a la A Household Word. "bul" drive on the pound or a All sections of H. M. services were
No publisher would look at it. mode beef shop,or the old anuange "bear" drive on the dollar. The represented at an enjoyable whist
somehow Ritz. Safety last was Edgar Wal- "peg" on the exchange must be put drive, organised by the European but the author's faith in his own counter than at the Savoy or the
Y.M.C.A.. assisted by the Women's handiwork made him Guild of Kowloon Union Church contrive to publish it at his own lace's slogan. Goloshes and an back.
which was held in the new lounge of expense. It made his name, and umbrella, in their metaphorical
night. Prizes
collar
stud and its concomitant shackles
tite Y.M.C.A. OB SEC. B. Bern laid the trail for his subsequent jentente, had no place in the equip-
were donated by War on the Starched Front.
ard and Son and Messrs. Lane Craw fortune, but the profits were no-ment of one who had somtimes because he had lost every cont,. Women have wondered for years ford, and they were distributed by thing net. He spent too much on walked home from Kempton Park But now, suddenly as by the and other times brought back been atrongly expressed by one how long strong men are going to Mr. FL. Allen. The function, printing and advertising.
which was organised for the benelit City financial editor that Britain
cower before the tyranny of the of the services, was highly successful, rubbing of Aladdin's lamp, the £800 instead of a solitary fivor. He Fleet Street maid-o-all work found once coaxed bailiffs into a game of la in distinct danger of being elusive collar stud. And the starch-and play was keen nail friendly,
himself on the high road to fame poker that enabled him to settle pushed back on to the gold stand-
ed stiffness that goes with collar
Georges Arlar de Hour de Fastree, and fortune. There is no need to his bill and left enough over for ard by frenzied foreign gambling studs. Women lately have accom 48. described as a motor engineer, capitulate the rest of the story.a new overcont.
Yet, except in tobacco and work in sterling. There is. says thisanied the male human into many living at 22, Ylek Tan Stret, appear. Henceforth Edgar Wallace was a
A strictly authority, a risk that the pound of his hitherto exclusive pursuite ed before Mr. Wynne-Jones at the name to conjure with on bookstalls and betting, he was
morning and playbills. He supplied a war-sober and even abatemlous citi- may be stabilised quickly. if not but not the pursuit of the collar Central Magistracy, this
stud ns it rolls under some heavy charged with passession of an auto weary world with the distracting zen. He drank next to nothing ex-
matic pistol and entering the Colony
A Jovial Cynic. the world marketing advantages of piece of furniture and les, elusive without a proper massport. De Fas thrilis it missed when the guns cept a very occasional glass of
and obstinate, in a trumphant and tree pleaded that the automatic was censed fire. In eight years he chanmagne.
Well, he has run his race. When Britain's exporting industries are, baffling silence,
metaphorically uselesa, as it could not be worked. must have made at least £200,000 The case was remanded until Monday by intensive dictaphone hustle, A it is held, again in danger of being smiling at futile ferocity. Now morning, on an application by Mr. marvellous metamorphosis from the Angel of that darkor drink jettisoned for the honour of Lon-however, the war, often sporadic D'Almada e Castro, bail being allowed the washtub days! But Edgar Old Omar talks about drew up don as the world's financial centre, and halting which has been waged in the amount of 3400, a surety being Wallace never changed a hair. He to him, I am sure Edgar Wallace
coined money like a conjurer. He never shrank. optional. while a trade revival for the sterftfully at times upon the ling bloc of countries is on the point of being killed by the ster-has been renowed in earnest. The ling prices of commodities falling Men's Dress Reform Party is be before the gold prices can rise.
The view is being expressed that ginning its spring campaign in there is only one certain way of England against conservatism in C. Jordan, bringing this dangerous gamble in male dress. Dr. A. sterling exchange to an end. This general secretary of the party, says be modern dress must is an announcement that the men's British Government dues not in-brought up to modern tend to return to gold. It is not and hygienic standards, declaring! so dreadful as it sounds. Britain that it has not been changed for a hus. been "off" the gold standard hundred years. The men of par- for many months, has actually iles on country rambles are to wear benefited from the change and has thin open-necked shirts and shorts, and carry or Bandala
ahoes, helped at the same time nearly one
of need. "Wo Caso half of the world. The Midland pullovers in Bank does well to call attention in want to get rid of the collar stud says. Dr. its March Review to the fact that and free men's necks," never before las Great Britain had Jordan. Men's dress reformers such opportunities for shaping the have opened war on a wide front- a collar- course of world trade. There is a atarched front and
Besthotic
ut the present time no world price studded front. May it be found for any commodity, for the world that a soft shirt turneth away no longer operates upon a univer- wrath. As in England so in Hong- the kong. The men of the Colony are basis. Since
the ani monetary middle of November last gold has growing more and more into beon appreciating in terms of com-habit of considering comfort before inedities (that is, gold commodity what is "strictly correct," though prices have been falling) while even now the appearance of, say, a sterling has been fairly steady, bank clerk in the office dressed in despite the heavy decline in its gold an open shirt would possibly create value. Now on account of the great a vacancy in the managerial chair. commodity markets in Liverpool and London, steady sterling prices
A woman, Au Yang, 30, was rescuel exercise a stabilising influence from tho harbour near the No. 1 Buoy, upon gold pricea, Per contro, fall and sent to the Kowloon Hospital in an exhausted condition last night. ing gold prices for commodities It is thought that she had either fallen Star nct as a weight upon sterling quo- or had thrown herself from a tations. The relative strength of Ferry launch.
"They'll be back in about two hours and want to know it the dog got Impatient.".
ile never wanted to go to Holly- wood. He did not like Americans and hated the whole aura of the flim metropolis. Megaphoned pre- tension was never much in Edgar Wallace's line. I suspect the treacherous chills of Los Angeles, the climate of which has been as grossly puffed an everything else about it, caught him in some furi- ous night vigil of film work. Old soldiers are tough, but old journal- Iata are not. His was not the- build or habit of life to withstand double pneumonia following flu.
Fleet Street's brave knight-or- rant has gone. We might have better spared a greater literary- light. He turned out novels: and plays as some men manufacture Jam or candles, occasionally, in the carelessness of haste, mixing hfa characters a bit or varying bis hero's Park Lane address. But his-personality was: richer than half-a-dozen of the highbrow- literary geniusca who laughed at Edgar while log-rolling them- solves.
Ho was a queer mixture. Part schoolboy, part racecourse sharp, sentimentalist, but humanitarian through and through, His blue eyes, of the kind usually associated with aluminium blondes, gazed on the world, its citios and men, with genial, humorous derision but warm-hearted. sympathy. He had no illusions, though he tried to convort Blackpool Nonconformista to seaside casinos, and no ran cours, though he regarded pro- fessional politicians no a shade worse than threecard tricksters. A Jovial cynic who yet bravely sought the golden end of th rainbow, ho resembled Kipling hero. E-ked it all.