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THE HONGKONG TELEGRAPH. TUESDAY, JULY 19, 1932.

CHEVROLET,

THE PHAETON

DAY BY DAY

HONESTY, PERSONALITY AND ABILITY WILL ABOVE ALL ELSE LEAD A MAN TO BECOME A HUNDRED PER CENT. BUCCESS IN COMMERCE AND FINANCE.

theroby linking it with war debts. In this connexion, particular at- tention is being paid to the re- marks by Mr. Neville Chamber- Iain in the House of Commona that the British delegates at Lausanne had beon in touch not only with European representa- Certain to prove one of the tives, but also with those of the finést looking phaeton "models United States, Mr.. Stimson, on the road. Full five pas-however, has declared that Ameri- senger capacity. New features can diplomatic or consular repre- include: Cowl ventilator, sentatives in Switzerland have Mr. and Mrs. Chrome plated handles on smart never discussed war debts with new hood-ports. Weather Britain, France or Italy. On the proof side curtains. Two deep, other hand, another Government wide side pockets.

#pokesman has admitted that American delegates to Geneva und British representatives to Lau sanne "have discussed world pro-

The Hongkong Telephone Co., Ltd., blems as a matter of social Inter-declares an interim dividend of forty course." There the matter reste

cents per share on full-paid shares and thirty cents on for the time being.

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BACK

FIRST

ΤΟ PRINCIPLES

By "THIRTY"

"It is all very well for the, by this plausible and materiallatic younger generation Lo be so perveralon of a spiritual conception.. in the Celony during the week-end.

There was a clean bilt of health critical. If they

The Churches, certainly, except know '80 much, why cannot they o'er some little guidance in this matter, save here and there, have given them constructive «iggestions?"

in the wrong direction. The same Skipton returned from Home by the present arder of things often to the profession of teaching.

G. S. Kennedy-OUTH'S critletems of the pre-applies to an even greater extent NY.K. liner Yasukuni Maru yester day.

evoke this peevish plaint. from But that is a digression, and we their eldera. In fact, I neem to must return to the question of Quarantine restrictions have been hear some of my readers muttering practical suggestions. imposed by Hongkong against arrivals it already and, in due course, I alali As has already been explained, if from Newchwang on account of venture to offer some suggestions we are confronted with a ploca of of a constructive nature. Mean-machinery which is about to fall to time, while admitting that the com- pieces or seize up, after all attempts plaint is largely justified, it is only at patching have proved usciosa, fair that I should be allowed to then we know that there are only state our case further.

two practical alternatives elthei, Our mechanical environment, as to scrap It and buy a new one, or has been explained, makes us an- to be prepared to strip it down to compromisingly critical of the Inst nut in order to locate its The new issue of the Far Eastern system which is

so obviously de- faulty components or remedy any is that Travellers' Gazette, issued by Messrs. fective, and the strenuous circum- defects due to errors in design. Europe's attempt to adjust differ-Thos. Cook and Son, contains much stances with which we ences which have ao long persist-information of value regarding ship-grapple compel us to question the

In the case of the machine of ping, railway and e has not met with that response Copies can be obtained from the loyal comfortable elders have cheerfully not afford to "scrap it and buy-a serial services, truth and value of what our more civilisation it is clear that we can- in the United States which wag

accepted for generations. But our new one." Experience has shown expected. This is the more re In addition to the main film, "At stimulating

upbringing and environment, while that the

revolutionary interim grettable since there has always the Villa Rose," the King's Theatre have been empty of information to antrous, and that the date of de- * critical curiosity, without any machine at all is dis- is showing the official record of the been an impression that if the Grand National, a really splendid pro gratify that curiosity, except in livery of the new model is always European Powers took some de duction, giving a remarkable Impres purely technical directions,

uncertain. So for the present, at sion of this, grent classic. finite step towards

To-day The whole tendency the any rate, we must make the best of EASTERNAK DAN BEST settlement, America would not be nessing this tim

a general will be the last opportunity of wit-mechanical outlook, when con- the old machine and see what we

fronted by a hopelessly defective can do with it. behindhand in doing her part. It

machine. is to consider that to First of all, however, it iss is true that cancellation of war debta will mean

A. S. WATSON & CO., LTD. VEHICLES MAY BE INSPECTED

EST. 1841.

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Happy Valley

The

Hongkong Telegrapli.

TUESDAY, JULY 19, 19882.

HOW AMERICA FEELS

10

drawn at

the

Way

office.

p.m.

cases one

the

10

than by

those

£1

have to

of

more

»

• •

of

The first essential for keeping things going is food. We cannot afford to take any risks about that. We can do without sweepstakes,

by: longer possible, and provided that reason, international trade and finance do naturally not become much nice chaotic than things they are already. But we must

The Sincere Company is holding a "scrap it and buy a new one" is the obvious that we must take such special inannequin parade in eonjune-cheapest and quickest solution. As emergency measures as we can to a considerable tion with a pre-autumn sale. Twelve a result, many of us are Socialists, avert disaster and keep the machine sum to the United States, but so, leading Chinese silk milla are co-oper-1.0t because we are about politics running

during the process ating by displaying their products, or are for that matter, does cancellation and eight Chinese and European man- Socialism as such, but principally must get right down to first prin-

especially enamoured of overhaul.

And this is where we of reparations so far

nequins are employed to display Ger-

desses which are in European sudbeenuse, to those of us who do think ciples. many's creditors are concerned. Chinese cient styles, Two parndes Very deeply, the drastic proposals Moreover, Britain has all along

take place daily at 2.30 m. ana Guajor Socialismi mke a superficial ap-

peal to this outlook. foregone her full dues in the mat- ter of war debts, though paying

The health bulletin for the Eastern Others among us; however-and | Sunday, cincinas, or even inter- ports for the week ending July, I think they form the majority national conferences; but we can out to the United States on a more shows the following cases

of in- There are, at the moment.

fectious diseases and deaths

have an intuition that Socialism | not do without food. liberal scale than any other coun-

there would prove just as defective in We in England are not self-sup- Bow developments occurring

from-Plague, Tarantave one ease one operation as the present capitalist porting and have to buy most of in try. But it must surely

death, Alexandrin une case one regard to the reactions of thecognised that all these relics of Cell'assein 2 cuce the we have this in able to continue to pay pro death, system, though we probably could our food from abroad. We may be United States to the agreements the war, debts and reparations Bombay one case one death, Calcutta tutive feeling. Thuse of our vided our exports do not dwindle to which have been made possible and the like, will never be got out 120 cases 68 deaths, Prom-Penh one eklers who oppose Socialism are such an extent that imports are no among the principal nations of of the

case one death, Amoy 119 cases 85 without sacrifices deaths, Canton 06 cases 24 deaths,

swayed apparently Europe in

Nanking 111 of the being made by somebody. And inhal 317 cases 21 deaths,

prejudice consequence

casea 21 deaths, Shang

of and many Small-pox, Lausanne Conference. It is of those sacrifices, ali should brar a Basral 4 cases 1 death, Bombay incline interest. however, to note from part.

cases 3 deaths, Calcutta 12 cases 10 against which our elders appear to envisage the possibility that sup- deaths, Madras 33 cases, 3 deaths, be blindly prejudiced, though weplies will be at least seriously cur- the fuller reports now available

Rangoon 7 eases one death, Pond-would kindly consider any appeals tailed. We ought, therefore, to of views held in prominent poli-

cherry 5 cases & deaths, Medan (Bela- reason if they would only sel take a few practical precautions. Britain's Trouble.

wan Bol) cases, Saigon one case tical circles in America just what

one death, Canton one case.

them forth. Many of our staleg. There are two million unemploy- the United States is thinking onning to spoil the complacency of Disturbing thoughts are begin-

men, too. by their actions, or ined in the country, many of whom actions, tacitly endorse Socialist would for sooner have something the subject. President Hoover certain British people, inspired by

true of the last Conservative Gov. idleness. The land could produce principles. This is, in particular useful to do than draw the dole in anxious though he may be to see self-satisfaction at the successful

ernment.

far more than it does. Here, then, a final settlement of the war tackling of the financial crlais: debts issue, has seen fit, no doubt with one eye on the coming Pre- |sidential election, to declare that America will not be forced into any decision by

the European Powers. That attitude appears to reflect, in a mild form, current American opinion on the subject. In the minds of the anti-revi- sionists, there appears to be a fear that the payment of the twenty- seven million dollars due to the

United States in

December

on

account of war debts will again be postponed. Senator Hiram Johnson, in speaking on the floor of the Senate last week, launched a new campaign against any war debt revision, and, in objecting to

perce.

the

the

ministers hardly realise how cri- tically they are regarded by the

When the whole outlook of civili- is an obvious and urgent chance But if no other country is betternational candidates last autuma. it seems, as suggested in a previous mass of the people who voted for

sation is chiefly materalistic, when for far-sighted feadership. off and some are much worse off

If all concerned could be made They are fortunate in not article, that wealth is officially con- to realise the necessity and wis- than Great Britain, there are as

having, as yet, any firm or coher-sidered to be more important than dom of action on a large scale, I yet few signs of the general re-

ent leadership against them. Mr. life, and when we are faced with ajam sure that the problem of divert. covery which, it is fondly hoped, Lloyd George may be brilliant and strenuous struggle to exist, it is ing the unemployed to the pro- will bring ease and plenty if not amusing, but he is destructive easy to understand why Socialism duction of food could be solved.

On the contrary, an at-

ninkes such an appeal to so many Admittedly it would take courage, thority as respected as Sir Arthur Mr. Winston Churchill has

and commands Hitle confidence. of

leadership and sacrifice, but I can- Salter has told his countrymen in

Our temporal leaders, as a whole, not believe that we are so bank- ear of the younger Nationalists fail, rationally to demonstrate the rupt of these qualities that we can- his book, "Recovery," that, with-

who fear, nevertheless, that after fallacies of Socialism, and our not achieve it. out the establishment of peace on

In addition, if necessary, his many political transforma-spiritual leaders, in the nuiu, fail a basis of collective security and tions, his future may be behind ethically to indicate them. So it State should lay in stocks of food of confidence in good interna- him. Labour, for the moment, intelligence and instinct of the serious rise in prices if the day of is really a wonderful tribute to the while it can, if only to prevent any tional relations, "all efforts to re-

seems to have no leaders and no younger generation that such a shortage arrives. vive world fluance or trade must be policy. The whole party is moult large proportion still refuses to doomed to failure." Those who doing. Nobody knows whether itswallow the Socialiste bait. And The next basic requirement is not like such sweeping assertions new plumage will be red or pink, it is no thanks either to the exam- the maintenance of order. Alrendy remember that,

or. Ble

to the in the good old or particoloured deep red and pale

arguments there are enough elements of un- days, there was plenty of prosperity | pink,

of their elders that they rest and the future will probably I have nol been taken in produce still more. Disorder might without much peace; and they do

completely nullify our efforts to re- not see why they should be forced

pair the

machine. At the very least, it would produce considerable bardship and suffering. Every- thing, therefore that tends towards disorder and crime should be ruth- lessly suppressed and the mechan- ism for doing so should be com- pletely overhauled and reorganis- cd, with the removal any grievances. The hoary superstitions about

"free speech" should be fearlessly ex- amined. The community has an much right to protect itself from those who would steal its stability as from those who would burgle its goods.

a further moratorium, said this to bother their heads about new- would add to the taxes of the fangled notions. Yet it is awk- American people at a time when ward when a man

depression is being keenly felt.trusted member of

Other Senators

name.

fellow,

con-

who was i the Supremie Economic Council, writes in so expressed the

disquieting a way. Then there is view that cancellation of these Ireland. In 1921, they or, at least, debts would in effect place the the citizens of the Irish Free burden of the war bill on to the State got the substance of in- shoulders of American taxpayers, dependence without the Inleed, a survey

of opinion in Now under that strange Congress circles indientes that

de Valera, they want the shadow; there is strong sentiment against is the question of how long Mr. as well as the bone. Then there revision of the debts in any shape Ramsay MacDonald. will or form. It is being recalled that time na Prime Minister. Who when Congress ratified the Hon-could replace him if he withdrew ver moratorium, it adopted a re- from the Government? Would solution declaring opposition to its Liberal members accept the party in the any further concession

on these change? Their

country is already pulling at them, debts. Slice that time, the Basle urging them to resume their free- experts have expressed the view dom and to help in forming the that war debts and reparations parliamentary opposition which is should be adjusted to conform to ngeded for the sound working of the changed economic situation, British institutions. Mr. Lloyd but it would appear that Ameri-George has come back, to public ean opinion, though not yet final-life, on mischief bent. But when Mr. Winston Churchill gets going, ly crystallised, is not disposed to and harries the Government from link the two issues. There is ap- the extreme Right while Mr. parently a good deal of rosent- | Lloyd George "anipes" it from ment felt at the suggestion that the Loft. Liberal Ministers representatives of America have miny

acuto discomfort. The rank and file of young connived with the European Tories, elected as National Cen Powers in securing an adjustment servatives, have not yet found of the reparations question,their feet. The truth is that

suffer

"I'm giving you fair warning!. I'll give you two days to

get that stock you sold me back up to par."

of

The third basic requirement for effecting repairs in-team-work, inspired by intelligent instruction. Everyone In any position of authority or influence should do everything in his power to kill, rather than to foster, projudico and to promote a feeling of co-opera- tion to meet a common danger. Personal intrigues in politics, busi ness or finance, should be treated As crimes against the body politic. The next basic requirements are calm, but not unreasoning, optimism and courage. Tendencies to hysteria and panie should be stifled at birth. At the same time, the country should be told the facta and made to realise that the sooner It faces them courageously and takes remedial measures, the sooner our troubles will be solved and the less the process will coat and dam- age 119.

That is a lesson which history has tried to teach England on many occasions-but always in vain.

It will pay us to karn it this

time.

· 14

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Page 201.3.

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