FINE OLD LIQUEUR BRANDIES
· Renault's R.V.O.
Rouyer Guillot 40 Years Old Rouyer Guillet 50 Years Old Rouyer Guillot Vintage 1865
Mario 'Brizaro's Vintage 1858
Methusalem (Vory Fine Liqueur) Centurian (Very Old Rare)
RENAULT'S RESERVE GRAND CHAMPAGNE 100 YEARS OLD.
A. S. WATSON & CO.,
WINE & SPIRIT MERCHANTS.
EST. 1841.
WE OFFER YOU A BARGAIN
THE HONGKONG. TELEGRAPH.
THE
MONDAY, JUNE 26, 1933.
attempting to balance the Bud- get and create new sources of credit at the same time is main- ly a segregation of current ex- penditure from capital expendi- ture in the budget. The budget for "current" expendituro, ho has balanced, to all intents and
VAUXHALL purposes. The capital expendi
SYNCHRO-MESH FAULTLESS GEAR
CHANGING
NOW
BEING DEMONSTRATED
AT OUR SHOWROOMS
LTD.
RCA-VICTOR MODEL R-73
AN EIGHT TUBE
SUPERHETERODYNE TABLE MODEL
WITH UP TO THE MINUTE FEATURES.
FULL SIZE DYNAMIC LOUDSPEAKER.
AUTOMATIC VOLUME CONTROL.
45° DIAL FOR EASY READING.
BIC SET RECEPTION.
Price $215.00 Net. Completely Installed and Serviced Free of Charge for Three Months. GOVERNMENT RECEIVING LICENCE
PROVIDED WITH EACH SET PURCHASED IN JUNE.
S. MOUTRIE & CO., LTD.
York Building.
THE
"HERCULITE"
Chater Road.
(Regd.)
SUPER LIGHTweight WATERPROOF.
GUARANTEED. The cloth made from twisted yarn of the finest EGYPTIAN Cotton,
has many
times the tensile strength of the ordinary Light- weight Waterproof cloth.
The amazing strength of this cloth O prevents the splitting which is a common fault of the featherweight MAC, and thus lengthons con- siderably the period of wear.
The proofing is of the finest, and the coat has a richness of appear- ance not possessed by other coats of this class.
The "HERCULITE" Waterproof.
Pricos $23.50 Less 10% Cash Discount.
LANE, CRAWFORD, LTD.
Men's Wear Stylists,
HONGKONG HOTEL GARAGE
Stubbs Road.
DEATH
CLARK-On June 20, in Shanghai, suddenly, W. C. Clark, manager of the Hongkong branch of Millington, Limited.
turo
now.
WAY OF ALL GOATS
HOW A RIDDLE WAS SOLVED.
By C. V.-L. for the Telegraph
handsome polleeman, but a quite
For Weeks I was held in and for an escort he has not a the throes of a nerve-wrack-ordinary-looking fellow--a coalie. Every day the act repeats itself, The Goat, the Rope, and the Man,
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They all went one way.
Doubtless it was the way lead-
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The Very Idea!
GIRLS, BE WARNED! By Eddie Kelly, Chaperoné, TO-DAY we are going to
give some motherly ad- vice to all you girls who accept rides in motor-cars with strange men.
Girls, it isn't done. Be
man.
He said to us: "You are out very late. Where do you live?" We said: "At the Y.M.C.A." He said: "Are you married?"
た
So we said "Yes," and he said: Well, you'd better come for a spin to Castle Penk with me: hop in 1" Which we did.
It was not before he said to "I have run out of petrol, us thero and I do not wish to change a
$100 note. Can you oblige?"
A dreadful thought grew. One recent morning, after a night made came to me a great resolution: to hideous by uticasy dreams, solve the Riddle of the One-Way Procession of Goats and so to end in-this state of continual dread and the doubt.
items are placed in "supplemental budget" estimated at $5,200,000,000, in- ing uncertainty. The riddle cluding $8,300,000,000 for pub- loomed as a growing ques- Ilc works, $500,000,000 already tion mark in my moments of from being merely incongrucus de warned by your uncle Eddie. the Let our experience be a voted for unemployment rellef wakefulness, and in the tails, gradually merge into
environmenta, and the friendly through the states, and $1,400,- hours of sleep it assumed the haw Billy often sends to herald warning to you.
We once got into a flash- of a his coming, in course of time be- 000,000 of other "nonbudget subconscious form
comes as much an accepted note looking motor-car with a strange appropriations." This could not horrible nightmare.
as the much less musical toot of have been raised under the
In the psychic vision I be- a motor-car korn.
But that was the last seen of countless strict Republican "pay-as-you- go" policy. It is now to be held a long and silent pro-that one-Billy, or the raised only by levying it largely cession of goats or were other Billies gone before or who
his footstopa. upon the future. From the con- they sheep?-all heading for have since faithfully followed in servative (Chamberlain) finan-one point: a yawning chasm cial viewpoint the budget is still into which they all disap-
ing to some rich pasture lost to view behind the big police barrack unbalanced, but from another peared. viewpoint the budget of ordinary Whence came this unending building.
Powers-That-Be, who see to all running expenses is balanced line of meek and inoffensive things even unto the provision of and the public may know just beasts? And what could have one-way traffle: is it possible that what it is borrowing for the war possessed them to put their farther back of that building there Phone 23124. on depression. Moreover, the heads in that dark cavern which, is that other way out of the pasture cost of this borrowing is to be like the maw of some stygian for which all our Billies have been monster, could devour every-trotting with so much enthusiasm? Behind But it appeared not so. budgeted to balance
over a thing, yet could never be the building is only the Prison. And in the Prison, the pastures al- period of years if the President's peased?
In waiting anxiously, but as though undeniably rich, are all too plans are carried out. There is
attracted to more than a touch of courage in it proved, vainly, for one-if it few for the droves the willingness to impose im-was vouchsafed there could be them.
only one to return whence all mediately a tax which in a
had gone, I started up from a decade or so will retire the debt. troubled and feverish sleep, and It is an earnest of Mr. Roose-found myself bathed in big, cold velt's declared intention to prove bends of perspiration.
be that a liberal regime can
Farther up the hill is the
is centred practical în its financing as far
stitution where as present-day finance is to be direction and machinery of
These Police officers had been considered practical. He is pro- very admirable Police Force. In helpful fellows. They were, elf posing a sales tax, from which keeping with its importance is a clent deductors too, and perhaps bustle and activity to be seen every might be persuaded to help preserve certain necessities will be ex-day: uniformed officers and mes- the sanity of at least one of their cluded in order that the weight aengera hurrying to and fro, and, most constant admirers? The day dejected-looking before I had seen a red, raw skin shall not fall heavily upon those occasionally,
prisoner being hustled across the being gleefully transported from who can buy only necessities. big compound, and up the flight of the Station, with a foreboding of At the moment, the Roosevelt steps leading to the adjoining Ma-evil I wondered, what had become of
the rest of Billy? programme seems to be achfey-gistracy and Prison.
Along the same path, Billy, the They put two and two together ing its purposes. Prices are Goat, makes his appearance. Every these efficient deductors-and rising and the people are regaini-day, and at almost the same hour, solved what has since been known
certainty that the aun can be ex-Way Footprints.. Probably the most important ing confidence so much so that he can be expected with the same as the classical Case of the One- But they suggested that it was resolution now before the World millions of shares are changing pected to rise every morning and Economic Conference is that hands in New York every day,aet every evening. He, too, is a une to be best propounded by one or submitted by Senator Couzens. a great speculative boom being prisoner in the sonse that he is de other of the specialists to be found
similarity ceases there.
"Friend" said I to P.c.-Khan, It urges close co-operation be-checked only by the constant prived of total liberty, but the amongst their Indian colleagues. tween governments and their fear that something may still go
and we had exchanged salaams and honest central banks with a view to the wrong and leave the gamblers
when that officer could be found
handshakes. "Help
a deal. Wo stimulation of business and high and dry as they were in
1929. The warning of the to be assessed in terms of money. trader to put over suggests that the primary steps
sale: Do you think they can be are the making available of Italian Finance Minister, Signor Nevertheless, it is gratifying to have big goats with fat bellies for cheap and abundant credit and Jung, may yet be remembered. note that, even from the most allowed to go in there ?"
I pointed in the direction of The weaknesses of all schemes superficial point of view, educa-
last Billy the acceleration of the process of
for bolstering up the present tion is emphatically a paying in-where I had seen our
vestment. It is particularly vanish. recovery by means of sychron-
"We can eat no kid's flesh except economic system derive from
gratifying because it shows that ous--programmes of govern-
the same source, inability to
fundamentally there are more that which is prepared by our own mental expenditure. In effect,
frigid dignity which discouraged it asks for universal adoption of recognise that it cannot be made things right with the world than hunds, replied that worthy with a
one might imagine business enterprise. to work efficiently. Facilitics perhaps the the internal policy of
I thanked him for the informa- |for abundant credit only mean a merely from reading the head- Roosevelt Administration.
So that had been the end of Poor seems also to infer that if add-temporary stimulation at the lines in the daily press. ing to the debt burden of the cost of piling up a heavier fact that the world pays educat-
The
Hongkong Telegraph.
MONDAY, JUNE 26, 1933.
WORLD QUEST FOR
RECOVERY'
It
ร
our
Billy is secured and led along by a rope instead of being handcuffed,
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an
It was about thirteen minutes later that he had a puncture, and all we had to do was to hold two three tyre-levers and the tyre in places while he jumped up and down on our fingers.
It was not long after that when we were called upon to take a turn at the starting handle, which we wore down with our naked hands to the size of a gramophone needle (loud).
We also pushed the car eight. miles while the stranger sat back in the front seat and juggled the ignition switch gadget.
It was about this time that we said to the stranger: "We suspect you of malpractices and evil designs," and "wo walked home.
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He must be about three days behind us, because he's got to No, girls. Don't accept rides in motor-dnrs with strange mon. bring the car with him,
AN OUTCAST. We are an outcast. Yet in all respects we are an honourable man. We do not belt our wife or pick our teeth with u brend knife. We are not a poet, nor do we possess a dog with
We always smile rabies. street, and raise our hat. We ladies as we pass them in the have never committed murder or used the wrong fork. In all these things wo are beyond reproach, yet wo are treated like a shroff. Nor are we a balliff, hawker, In-
or They had but gone the way ofsurance-collector'.
landlord- dicates that it puts a high value brethren taken to the Station.
Yet we are an outcast. upon the things that educated all edible flesh men and women have to give. These figures are essentially a confirmation of the conviction that fundamentally mankind's sense of values is sound.
The tion.
world along these lines doés not / burden of industrial ́ debt, the /ed men and women highly in-Billy and the hundreds of his We are not, incidentally, a shroff.
lift us out of the depression, we cost of which will finally be might just as well all go down thrust upon the shoulders of the They pour fresh together. It would perpetuate consumer. the monopoly of creating money money into the market only to so carelessly delegated to the leave the disabilities for the banks, the privilege which, in next cycle greater still. the last analysis, is the funda- mental cause of the present crisis. It goes further, in the
Wages of Education
sense that it practically invites The effect of education upon the banks to exceed the self-earnings is indicated in statistics imposed limits of creating new recently compiled by one of the money, normally governed by largest insurance companies in their experience of to what ex-Great Brtain.
It appears that | tent deposits are likely to be
for every £100 earned after withdrawn in cash. It would
twenty years' service by the strengthen the control which
man who leaves school at four- the great financial houses have teen, the sum earned by the man upon the growth and power and whose education has been pro- activities of nations. Already
longed for a further four years the master of the situation, the "servant" would become the is, on the average, £200; while the figure for the man or woman complete despot. The methods
urged also bear a very curious who has had the highest kind resemblance to the proposals of training possible is £400, submitted to the Chancellor of After forty years' work the com
parison is still more striking. the Exchequer some months ago by Mr. J. Maynard Keynes, For every £100 earned by tho and rejected, not for the reasons first man, the second earns, which we would advance but roughly, £800, and the third because Mr. Neville Chamberlain £900. These are only the latest remains too solidly the upholder of a long series of investigations of a financial rectitude based all pointing to the same result. upon economic laws which if It would be folly of the most not yet completely discredited, stupid kind to suppose that the are destined so to be. Me value of education depends on Keynes' scheme so closely fore-the Income to which learning shadowed the Roosevelt Ad- leads. The most valuable pro- ministration programme that ducts of education-breadth of the latter may well be examined, outlook, a deeper understanding, What President Roosevelt has generosity of attitude, freedom achieved in the double task of from petty prejudices are not
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Last night, for the first time in
weeks, I slept the sound, tranquil aleep belonging only to the just..
dreamt of kid curry.
We've got to have a larger pla ce if you're going to do all your
work at home, never can have anybody
Our family has practically dis- owned us. The boy in the hotel. hands us our beer as though he
would prefer it to be a bomb, We drink. have to lunch, and oven alone.
We are an outcast. We take no interest in the body- line controversy.
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PROFESSORS OF OBLIVION.
The happiest people, those whom wo should envy' most, are the people who forget everything in an incredibly short time. What a precious gift is thati
The world is out of joint, but the memorising apparatus within our heads is too perfectly in joint, and that is the main cause of our woo8. It goes on recording with deadly efficiency, like a re- porter who takes a verbatim note of some tiresome nobody's specch when all his paper wants is three lines, and when even these would be better in the waste-paper basket.
"Elaborate systems' have been devised to help us in the melancholy task of remembering, but there is no aendemy, school, or college which bas specialised in the much more usoful art of forgotting.
We have no Chairs of Total Oblivion, no Professors of Entire Forgetfulness, even though our Professors themselves are some times as forgetful as could bo desired.
No wonder that we daily ratso the plaintive cry that civilisation is becoming too much for uetoo large a thing for us to grasp.
The only substituto at present available, and one which wa de precate with all our might, is that of strong drink, sometimes called epirituous liquor, Does anyone, however, consume that nowadays? It is much to be doubted.