6
There is a SHERRY for ALL occasions.
WE SPECIALIZE IN
SHERRIES
Those who want wines specially selected with a view to the British Palate should We have the finest selection come to us. of Sherries in Hongkong.
SHERRY TO SUIT ALL OCCASIONS AND
SHERRY TO SUIT ALL PALATES.
A. S. WATSON & CO., LTD.
WINE & SPIRIT MERCHANTS
Est. 1841.
YOU GET TWENTY-THREE SMASHING HITS
IN THE
BIG BROADCAST SONG album.
Look Through These Titles
PLEASE.
I WANNA BE LOVED
Ev'ryone says "I Love You"
You little So-and-So
It was so beautiful
ONE HOUR WITH YOU
OH! THAT MITZI !
My Silent Love
Troubles are like bubbles
RAIN, RAIN, Go Away I
Got the South in My Soul
HERE LIES LOVE
It's Gonna be You
Bon Voyage
Ah, But I've Learned !
WE WILL ALWAYS BE SWEETHEARTS
WHAT WOULD YOU DO?
Mm Mm Cot you where I want you
I Wonder how the Old Folks are to-night
Let's get together
I Love a Parade
The Jolly Sailor
LET'S PUT OUT THE LIGHTS.
Ask_for:"The_Big_Broadcast Album.
S. MOUTRIE & CO., LTD.
York, Building.
A
NEW
&
BEAUTIFUL RANGE OF
Tel. 20527.
Chater Road.
Costumes
FOR
EARLY
AUTUMN WEAR
Various Colours & Sizes Priced from $39.00
25%-
off all
· SUMMER GOODS
THE LADIES' SALON
LANE CRAWFORD, LTD.
THE
HONGKONG TELEGRAPH.
BEFORE
YOU DECIDE
on your
ARRIVING
3rd. SEPTEMBER.
TUESDAY,
AUGUST 22, 1933.
NOTES OF THE DAY WILL LITTLE 'FLUTTERS'
A SMELL
The Amell at Cheungshowan re- fuses to accept the airy dismissal by the end of the Sanitary De partment. It is not to be
were
and it is easy, in thenC cir- cumstances, to reply to representa tions by the Kowloon - Raşidents' Association, claiming that the rubbish now being dumped upon the foreshore is carefully covered over to avoid fly-breeding and is not, therefore, a monace to health, even if the smell is unpleasant. It is to be deplored that the matter was not gone into a little more thoroughly. The spot where the rubbish is being dumped is part of the reclamation. Ultimately it will be used for building purposes
י,
BE TAXED?
By HUBERT A. MEREDITH
City Editor of "The Daily Mail"
The Very Idea!
SUNSTROKE.
By Eddie Kolly, Moony'
AS a nation England holds at ly be adjusted for the twelvo A PARTIAL eclipse of the
A least one world's record-ve preceding months.
sun
was visible' 'in It may be contended that much Hongkong yesterday after-
are the champion taxpayers.
Whatever Government is in of the money lost was caused by
deductions
taxable mont.
causes un
readily disposed of, although it would probably be something of a miracle if the official attitude
The different. NEW CAR
H.S.D. power, It has the satisfaction of the depreciation of Investments noon. neither has to live near the smell knowing that the taxes it imposes and not by speculation. I ven- you should try out the
At least, so we were told. nor is it likely that his swimming will be paid punctiliously and ture to suggest, however, that It expeditions take him further honestly. This does not mean would be almost impossible to We tried to look, but the NEW VAUXHALL fteld than Repulse Bay or Stanley it signify any desire to pay one taxation purposes. No one could sun was too strong for our eyes.
that we like paying; neither does differentiate between the two for
penny more than is lawfully due possibly contond that where A LIGHT SIX
from us. Actually, our income prot was made the transaction Probably most of you Are tax laws are carefully studied, and was a speculation and the result wondering what taxpayers very wisely noc to it therefore taxable, but where eclipse. We'll tell you.. An that where they can lawfully make loss was made it was an invest-
from the
eclipse is just # natural amount of their incomes they do Actually, In the minds of many phenomenon, like the shroits cal- so.
people the reverse is the case, ling at the end of the month, and This being the case, great in-They look on a purchase of stock drinking beer. terost will be aroused in Mr. and shares that goes wrong as a one that goes
It is caused by the moon got- Justice Finlay's ruling in the speculation and
ting between the earth and the King's Bonch Division that proits right as an investment.
Another point of great impor.sun. in cotton futures made by a taxpayer on "Butters"
were able to tance is whether these "flutter" Other eclipsee of the son can income tax.
profits, whatever they may be in, be caused by someone else's non- In the past it had been general-arc considered to come under
profits "utters" or "apeculations" outside profits from ordinary business, girl friend. ly assumed that
on Case 1
getting between him of Schedule D (that is,
and his
and foundations will aced to
a taxpayer's business
not trading, or profession), or under
The difference between the be sunk, probably into a rich de- considered part of his income. Case 6 of Schedule D (that is, oarth and the sun
is that we're caying matter. We wonder whe-In the case in point, the taxpayer more casual earnings.)
a planet and the sun is a ator. ther it will then be regarded as a was an agricultural implement
The planets and the earth keep menace to health, or merely un-manufacturer. So the £6,000
netted in the sixteen transactions Section 27 of the Finance Act going by whirling around the pleasant to the nostrils.
he had in cotton futures, between of 1927 establishes the fact that sun. the years 1919 and 1923, on which while losses under Case & can bo It is now ruled that he must pay deducted from profits under Case
caused
· WORTH WALKING
_FOR
HONGKONG HOTEL GARAGE
Stubbs Road (Showroom) P. ONE 27:78.9
FUNERAL.
The funeral of Lady Shouson Chow will take place on Sunuky, August 27th, at 3.30 p.m. (sharp) at the Chinese Permanent Cemetery, Aberdeen.
The
Thongkong Telegraph.
TUESDAY, AUGUST 22, 1933.
SLUMS
2
•
a very con-
•
classed
gult.
be
were
TAX LOOPHOLES.
If they didn't whirl it would be the end of the whirled.
is cannot be called sunshine. It can be seen
think it
fr
:
"PASSING THE BUCK"
income tax, could not possibly be in the current year, an adverse The light from the sun
$0 as profits derived from balance Another nuisance with a similar his normal business, but were carried forward to set against best through a pleca of smoked origin which has been the subject from a secondary business, which profits under Case 1 in subsequent glass.
described years. Case 6 losses, however, in of complaint by the K.R.A, seems
presumably would be
Sunshine can also bo 800 by the tax collectors as that of a one year could be set against Case through a to have been rejected by the
6 profits earned in the next six America this is called moonshine. whiskey bottle. In ilutterer in cotton."
years. Sanitary Department as none of
REBATES ON LOSSES? their business. We refer to the
It is to be hoped that the
Astronomers can always tell This ruling therefore appears authorities will not rubbish and debris, carcases and to establish the fact that the re-necessary to adopt a new attitude eclipse of the sun by studying. when there is going to be an so on, floating in the harbour and sult of such transactions must be as regards this class of profits, the position of
the sun and along the beaches of the New included in one'a roturn for and will realise that not merely planets. Territories. Letters written to taxation purposes. At first blush would they be faced with large
Then they got their poncils, the Sanitary Department have it might seem that this would claims for overpayment in the and work out, to the noarest been acknowledged with the in- the taxpayers' resources, and so of years in the future gain a happen. In this way they planet. lend to a further heavy drain on past but would not over a period decimal point, what's going to formation that their subject mut-to a corresponding increase in the material sum on balance.
Suns arc The big drive against slums ter has been referred to the Har-national revenue. But this would
dangerous things. Wore every Stack Exchange Too much sun is liable to give at last contemplated by the bour Department, the Water not always be the case, and at the operator deemed for taxation pur- you sunburn. Too many sons National Government is highly Police and the Port Development present juncture might bring pose to be running a secondary will give you the same feeling, important, but it will fail of its Omce. This is known, in common about a diametrically opposite re-business as a "futturor in stocks
A Belontist recently discovered purpose if the fundamentals of parlance, as passing the buck, The reason for this is that if might seek to reduce the taxable further away from the earth than and shares," possibly the oporator a sun that was 2,000 billion miles the housing problem in Britain the K.R.A. presumably being left profits on such transactions must amount of profits by selling stocks our own sun. This, of course, are overlooked. In Britain, as to discover whose is the final re- be added to one's income, it is and shares to relatives or friends was a sun of his, farther. in Hongkong-where nothing is sponsibility. The Sanitary Do- only logical to assume that losses at very cheap rates so as to re- done or contemplated-the deve-partment claims, of course, that though last week's ruling only re-taxation demands.
could
deducted. Now,
Young Eddio is also the son al-duce the proft and so minimige of his father. We tried to borrow lopment of slums is not so much its daily quota of rubbish from ferred to, "flutters" in cotton, it
five bucks from him last night, a housing problem as a poverty Kowloon and the city is taken for obviously must be equally up-
AN ISOLATED CASE?
but he said he was short, Ho problem. If the people were not enough out to sea to prevent it plleable to "utters" in other com- Obviously there are many more
was our little ray of son, light. poor they would not live in slums from returning to harbour; but modities, such as wheat, rubber, complexities and problema and bad houses, So long as sometimes we wonder. We seem
Naturally, we feel proud of and tin, and also to similar trana" | connection with this matter than young Eddie. When 190 came there is a class obtaining food,
actions on to have heard of
the Stock Exchange. can be covered in this article. here he wan a baby, sucking at clothing and shelter by the un-
It is in this direction that the Two facts emergo, however, The his bottle. certain sale of its labour-its venient "tip" not n thousand nature of the decision may prove first, that apparently any casual Now he is fine, strapping only commodity to an employ-miles from Kowloon-Bay. We are so far-reaching.
profit-can-be made subject to in young man, who still likes his ing class, so long, in short, as perhaps unduly suspicious in It is impossible to estimate the come tax if its earning in con- bottle with the old man. Yes, capitalism is the prevailing suggesting that this possibly con-amount of money lost by the de-sidered to constitute a secondary since coming to Hongkong we economic system, so long will tributes to the "mysterious" ebb values since 1928, but it must run cerned; and secondly, that there the East.
and share business of the taxpayer preciation in stock
con- have Been our little son-rise in there be an acute housing pro-and flow of rubbish.
into hundreds of millions of has been no change in the powers blem. It is notable that since
Anyway, you'll be glad to hear pounds. None of those losses 18 to assessment in this respect. that there will be no further the war roughly 2,000,000 new
have so far been deducted from The first of these facts explains eclipses in Hongkong this year, houses have been built in Britain. GEN. JOHNSON LOOKS AHEAD the incomes of those who sustain- Mr. Justice Finlay's ruling, and Mr. C. W. Jeffroys, of the Royal Yet we learn from the census of
ed them, with the exception of the the second encourages the hope Observatory can tell you that. 1981 that the worst forms of
Gen, Hugh Johnson seems to have comparatively small proportion that the case in question is likely He has worked it all out with overcrowding have increased. gift for forceful and expressive business it is to deal in stocks for Income-tax purposes wo shall:
lost by those whose definite to prove an isolated one, and that poncil and paper. And the Praya East reclamation speech-and, along with it, a clear and shares. It therefore follows not have to adopt in addition to tance between the earth and the Ho simply measures the dia- in Hongkong is a sufficient in-recognition of the exact nature of that if such transactions were our ordinary profession or trade sun, and multiplies it by the dis- dication that slum houses are the problems that lie ahead of him. taxable a very large number of description the title of "Fluttorer tance to the Peninsula Hotel. not necessarily old houses. If In choosing men to help him ad- taxpayers have overpaid income in Commodities" or "stocks and new houses are overcrowded minister the recovery act, General the past few years, as they have racing," or even "Flutterer in eclipse off any spare noughts to
or "horae-". tax to a very great extent during shares"
Then he adds a few million. or "dog miles for good measure, with folk of both sexes and all Johnson is expecting trouble. "I been assessed on their incomes Contract Bridge." If we have to, be on the safe side. ages herded together in con- know sooner or later the applause without the deduction of their then, as I see it, the Revenue tinuous discomfort, neglectful and desperate because full of dead cats," he says. "I am
rendered will die down and the air will be losses. As the income tax law Department may become our part- The answer's a. lemon, which of their poverty, they rapidly de-picking men who won't run when reclaimed, as such matters can on-difficulties.
stands to-day, however, the bulkner in these risky enterprises. gencrate into slums. Clear all that time comes." It could hardly
of this overpayment could not be But the question bristles with
the slums in Britain to-day, and slumdom would again arise in in the cotton textile industry there be expressed more aptly. Already all its squalor. It is one thing to build houses, it is an-ara signs of serious trouble and in other thing to enable people pro-a few months some of the people perly to occupy them. Out of on whom the restrictions of the their incomes the workers have recovery programme.rest to satisfy inexorable necessities, heavily will begin to offer reaist- When people wonder how slums ance. Then, as General Johnson come into existence, how slum says, it will be important for him conditions are created in ap-to have behind him men who will parently respectable neighbour- not mind being targets for the dead hoods, and how slumdom grows cats. and spreads, let them reflect for a moment on the plight of the unemployed. The unemployed and their families now number In Japan's present mood, it is more than a sixth of the total hardly surprising that the pleas population of Britain, at least for clemency for the young officers 8,000,000 men, women and charged with the assassination of children. The terrible iron logicMr. Inukai, the late Premier of of their position compels them Japan, have met with widespread to make sluma. They are ruth- response. And it is more than lessly compelled to seek the likely that a kindly car will be cheapest shelter they can find:powers who will deliver final judg
turned to the arguments by the to herd together in order to ment. There is, of course, reduce costs; to crowd whole excuse. Political nasassination is families to a room so that thea deplorable crime, tho inherent rent can be shared between the wickedness of which is onhanced familles occupying the house, by its futility, More often than Conditions among the coolie not it thwarts the attainment of class in Hongkong aro worse have in vlaw and when not treated the very ends its perpetrators than among Britain's unemploy-with the usuni severity of the law, ed. Talk of removing sluma encourages other hot heads th here and the glib reply is that follow similar coursos. Self- [the problem is economic and Immolation for the furtherance of, nothing can be done about it. a dearly-held principle ntay in The Government, In fact, dare soma circumstances be praise not insist upon.compliance with someone else for the same reason. worthy, but the" immplation of its: own building ordinances in has little about it which is com-
TOKYO TRIAL
most
no
Potha
and
should be taken with a grain of Bolt.
BUFFERS
.
Wo wore in bed on Sunday morning when we read the re- marks by the I.G.P. about rubber buffers for surf-boards. Wo did not get the full significance of it at first. We thought he was re ferring to the people In their second childhood who were riding the surfboards. Then we sat up in bed, quivering with excitemont. Rubber buffers! Why hadn't wo thought of that beforo, Motor cars have bumpers to protect them.': from pedestrians, and now surf boards are going to have buffers. to protect them from the waves. Why not rubber buffers for pedek-- triana.
Of course, the iden would have to be gone Into thoroughly. Probably other little refinements, such as roar lights and spectacle wipers for rainy weather, could be introduced. The taipan paden- trian doubtless would be able to afford a small radio set, which could be carried under his waist. cont dashboard.
Hate could be built on the sliding roof principle. Durlig the evenings, the top of the hat could slide back into the brim, while, during the host of the day, It would be returned · as `6 · "prós, toolive covering. Doubtless soma. of the sons of our "rich talpana. would eagerly seize upon this method of allowing fresh air into i the hair of the heir, Cohen a --Thsto÷aro-several other-refine.... ments,wo, havg in mind, but the Editors will not allow us to pub-s lish them, in case tha 1G,
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