DON
“WHITE SATIN”
GIN
BURNETT'S
CELEBRATED
LONDON DRY GIN
IS THE CLEANEST AND PUREST GIN SOLD IN THE WORLD. TAKEN EITHER PLAIN OR IN A COCKTAIL IT HAS NO EQUAL,
SOLE AGENTS
A. S. WATSON & CO., LTD.
EST. 1841.
NOW ON SALE
:(0):
NEW SHIPMENT
OF
"H.M.V." RECORDS
Including Selections From the
September and Mid-September Supplements.
SNAPPY DANCE RECORDS. Orchestral Selections by the World's Most Famous Orchestras. And a New Hit by
FRANK CRUMIT
Ask for a Complete List to be Sent to You!
S. MOUTRIE & CO., LTD.
York Building.
Chater Road..
Tel. 20527.
STOP
Here is something
of
interest
every. golfer
Steel Shafted
GOLF CLUBS
$12.50
Among our newest arrivals we fiod
Joyce Wethered Matched Sets for Ladies
Have you tried the now BROMFORD BALL?
TANE, CRAWFORD, TTD.
SPORTS DEPT. Phono: 2815 1
THE HONGKONG TELEGRAPH. WEDNESDAY, OCTOBER 25,
NEW
STUDEBAKER
AND
NOTES OF THE DAT
U.S. MONETARY POLICY
President Roosevelt's monetary orthodox shocked policy haa Anance, as was only to be expect- ed. The alarm arises from the fact that in the new experiment to be tried, money is to be treated in a manner nover before attempt ed, and although it is admitted
1933.
FINANCE OF INDIAN FEDERATION
Cost of White Paper. Utopia
By DOUGLAS DEWAR
NIR Malcolm Hailey, recently
The Very Jolla!
CAUGHT OUT.
By Eddie Kelly, M.CC I in the Tele- [NTERPORT cricket trial,
graph, was a failure, because
that the casence of President S drew up a memorandum on-Halley, "that some considerable sent in first. ROCKNE SIX high dance, no must be con-of (1) Provincial Autonomy and and on an assured baale, must take
CARS
AT.
GREATLY REDUCED
PRICES.
HONGKONG HOTEL
GARAGE.
Phone 23124, Stubbs Road.
Hongkong Telegraphi
WEDNESDAY, OCTOBER 25, 1933.
"It is clear," says Sir Malcolm the unlucky batsmen weren't Roosevelt's plans sa to make money
We don't know what it all the servant instead of the master tled "The Financial Implications betterment of Central Finances,
place before the Contre can make means, but we feel peeved
surrenders necessary
to
demns the proposals as Utoplan. (2) Federation."
The memorandum, although the It is impossible to oven hazard a
as to whether the ex limited in scope, contains sufficient establish the Provinces as in- about the matter. Guess
will succeed.
The Information to demonstrate that, depondent financial. units on such pertinent United States is striking out in for many days to come, India will terms as will allow them to rest
country completely unknown
not be wealthy enough to receive securely on their own resources." more seriously than this. bred by the late Socialist Govern- when trying to make the best of n
against a foo of uncalculated made largely because pressure realated any longer. SENSIBLE ENOUGH
sora.
Cricket should be, taken.
strength. The effort is being and maintain the white elephant / The Scerotary of State for India. Look how 'seriously the Aus- Committee on July 6: "After all, see our friends in the Anti- from the rear is too great to be ment, and nursed by their succes-bad business, said to the Joint tralians take it. You don't Sir Malcolm estimates that the my Lord Chairman, we are balanc-pathics having interport fail. Provinces, if they are to run asing our Budget."
Hongkong cricketers "pay too
.
ECONOMIC ISOLATION
|
000 to £2,000,000) a year.
*
1
ures.
Let's introduca . a.
elf-supporting units, will require Let us see how this has been The avowed objective ta plain between them an additional sum of done. The revised estimates for and sensible enough. The Prasi- from Rs. 6 to 8 crores (£4,500,000 1032-38 show a surplus of Rs.2.17 much attention to the batting dent aims to bring an end to wild to £6,000,000) a year, but it must crores (over £1,500,000), A 10 and bowling. Cricket should be
Indian officials resulted in a saving price fluctuations, to produco abe realised, aven with this pro- per cent.. cut in the pay of all livened up a bit..
For instance, animal crickets dollar that will be worth when vision, some of the Provinces... paid back exactly what it was will start off on a bare subsistence of Rs.2.50 crores. The expenditure
As the provincial sources on Military services last year was sing by rubbing their hind legs
as opposed to together. worth when borrowed; he spoke level." the creation of a monetary system of taxation are yielding already Rs.45.74 crores under which trade and industry their maximum return, the Local Rs.68.91 crores in 1922-23. When little variety into the local game con, operate with some degree of Governments will not be able to the military expenditure was cut by having our players do the same regularity. It is obvious that raise this sum, or any part therc-down from the latter figure to thing.
Probably half our cricketers peril has to be faced. The of; the whole will have to be found Rs.50 crores in 1923-24, the Com- attempt may work and on the other by the Central Government. Thomander-in-Chief said this involved don't know the meaning of the hand, it may not; but behind extra expenditure at the Centre la certain degree of risk," but he word "cricket." What we know there stands the ninin fact that estimated by Sir Malcolm to be felt this was justified in view of about cricket mayn't fill the " the system the world has been using from Rs. 2% to 2% crores (£1,876, the Anancial plight of India. In Idea" column, but there's no harm. 1928 the Government of India said in trying. Besides, we feel like has not worked. America inay D
that Ra.56 crores a year was the imparting some knowledge this Jumping into the fire, but at least
lowest possible expenditure if afternoon. she is jumping out of an unendur-
This is not the whole story. "India is to make reasonable pro- |
BAT-Old-fashioned Instrument- ably hot frying pan. biost of British criticism rests less upon Sir Malcolm does not deal with the vision for her defence in modern
Nevertheless, last used to protect the legs. Also use. the merits of the experiment than effect of the White Paper proposals conditions." upon the fact that it leaves out on the Indian revenues, except to your Rs.8% crores less than this ful for braining wickot-keeper, or of all consideration any linking mention that they will entail a loss minimum was spent. One crore bashing bowler as you pass him.
BODY-LINE- Imaginary line of the dollar with other foreign of Rs. 1 crore per annum in cur- of this is attributable to fall in
rency receipts; and he is silent as prices, the remainder means "deple separating stomach from lower currencies.
to the effect of the change in tion of stocks of supplies and the limbs. A hit above the body-line administration on India's credit. postponement of building and counts one extra. BODY-LINE Is THE FRENCH CRISIS
The handing over of control to the other programmes."
also called (consored) and (wiped out) and (unprintable word) in No-one can doubt that further Indians must for obvious reasons
Australia, but these expressions are The fail of the Daladier Goy-
not recommended for Hongkong. ernment is not surprising. The economic isolation, which would result in a fall in the Government. naturally follow for some consider-revenues. Doubtless many British
BOWLER.Old-fashioned hat, storm has long been brewing ow-able time upon the success of the officials who dislike the White of last year's Budget aro swollen
M.C.C.-Latin for 1,200. This is ing to fundamental antagonism now dollar experiment, would be bad Paper proposals will retire on pro- by Rs.1.60 crores for receipts on
for the world as a whole, setting portionate pensions. One hundred salt, which, but for the extinction the year Yorkshire defeated Lanca- between the Socialist and the up further barriers to free in- and hincty of them did so during the credit system, would not trade Intercourse, the first year of the Montagu-have been paid until this year; and Radical conceptions of Budget- tornational balancing proposals. It was de. But President Roosevelt is merely Chelmsford reforms, whien, unike | Ra.18 crores are "attributable, w standing by the principle laid these new proposed, affected only the recent 'emergency surcharges Jon Customs, Taxes on Income and layed by the process of postpon-down at the World Economic Con- portion of the Indian officials:
Such retirements will not only salt." Owing to the unsatisfactory ing controversy and allowing ference,, that his own house must the 1983 deficit to mount up, no bo put in order before the can increase the expenditure on pen-condition of Central fluance in
contribute towards. general effort being made to check it. measures of revival. Selish, sons, but will diminish the 1931, these surcharges were in-sture, Men have not been gentle at France therefore finds herself in conception, it may be. but this iciency of the administration, as posed whereby the Salt Tax was in- a relatively more serious plight attitude was the one which most any poste will be filled by increased by 40 per coat., Income Tax big countries accepted at the Con- experienced men. Dishonest sub by 20 per cent, and Import Duties than nine months ago, with her ference, and whether it was ordinates will take advantage of by 16 per cent, and the pay of all Government credit weakened and dictated by President Roosevelt or that, and there will be many fan- These surcharges work per cent cial irregularities, leading to loss These surcharges were to be limited the stability of
CHANGE OF BOWLERSA-Hats the franc not makes very little difference.
The policy outlined by President of revenue. Such Irregularities to two years, but they still exist, threatened, a dangerous situa
occur in almost every office in though in the current year the that have become mixed. General- tion which is the direct outcome devising. It is substantially which supervision is lax, as the cut in pay has been halved. Thus, jy played in the Hongkong Club.
programme recommended by ad- reports on the working of the there must be an enormous better- vanced economic thinkers for Local Boards under Indian control ment of India's finances before the some time past, although they show. The fact that over two White Paper white elephant can be get a side out. Generally half an have been regarded as voices-cry-million people are caught every entortained.
wilderness. The year travelling without tickets on Ing in the
Roosevelt is not one of his own
On the revenue side the figures
shire.
PLAYER-Favourite brand of cigarettes. Henco "GASPER" la a winded player. Sco also Capstan, or Captain,
GENTLEMEN. -- Meaning, obe
cricket since BODY-JANE (q.v.) was introduced
CREASE-Neat fold in trousers, STUMP.—Amputated leg of one- legged cricketer. The player is said to be "stumped" in a match if he had a leg before.
INNINGS. The time it takes.to
hour after the bar closes.
EXTRAS Payment for carly morning tea, elgarettes, liquors etc.
of long and continued failure to face the financial situation squarely and impose the neces sary economies in expenditure. Any successor to M. Daladier United States la determined to the main Indian railways shows nancial obstacles to be overcome. Also includes Cumshaw,
attempt to put the theory into that many of, the inhabitants of practice. And it is still a matter that country are ready to feather of opinion as to whether President their nest at the expense of others. Roosevelt is moving too fast or others are moving too slowly.
AMERICA AND LEAGUE
•
•
#
Meanwhile, there are other
LONG STOP.-Takes place at The currency problem is to be solved by a Reserve Bank, to which
MAIDEN.-Girl cricketers. the Central Government has to conclusion of match. Bubscribe Ra40 crores (over £30,- 000,000). The Central Govern- LEG-GLANCE.Glance in the The handing over of the Police imant owes something like 90 crores direction of a girl cricketer whon to. Indian control will afford a of rupees, which are payable on she is fielding somewhere to leg. grand opportunity for crime of all demand; i.c., the amount of the POINT.-Business end of the sorts: dacoities, burglaries, and Post Omec Savings Bank deposits stump. riots are not conducive to good and cash certificates outstanding SILLY POINT-Calling an end trade, and are likely to affect the When the War broke out in 1914 of a stump the business, end is revenue adversely. Clearly, then, there were no cash certificates, silly.
In the present period of interna tional tension the relationships of the United States with the League of Nations seem to require re definition. The present contacts If the proposed "reforma" be but the withdrawals of Post Office NO BALL-No ball available. of Washington with Geneva effected, the Indian Governments Savings Bank deposits were heavy. The game must thereupon be aban abound in anomalies and inconsis will have to face both increase of During August, September, and doned.
(Continued on Page 9.) tencies. The United States is not expenditure and fail in revenue, a member of the League. Yet no Americana have bean many spokesmen in Geneva that it is sometimes difficult for the League to know where to turn for an au thoritative expression of American opinion or policy. In spite of numerous chanucts of communica tion. the representatives of the
will be confronted by the same difficulties. He cannot succeed In averting the serious position, unless he introduces an un- popular measure. It needs change of outlook, of which there is as yet no sign. Some thing of the French wartime spirit of sacrifice is required to avold financial disaster. The appearances point to a combina tion of the Radicals with the Right, with the possibility of a series of short-lived Ministers. It can only be hoped that there will not be a break in foreign policy, although even that is not assured. The best prospects for a settlement in Europe United, States, are not permitted, reated with a'continuance of the to raise their voices where they' Daladier Ministry. In the mean are most needed or desired. It time, however, domestic issues is necessary to resort to sub-
ör take terfuge
refuge 10 will .dominate the French
technicalities in order that normal the United political field and France must relations between continue in a state of high fever States and League organs may be
established. Onancially until her leaders agree upon a remedy. The time for palliatives has passed long since. Everyone who has been ac quainted with the facts had long foreseen that any government which failed to tackle the pro blem would fall. Party quarrels will alt on the Leagus Council to choose an American member of the and the resultant undermining Permanent Central Opium Board, of confidence has worsened the But it is explained that he will not situation. What France needs is be really sitting on, the Counell, not political finance but financial for the Council on this occasion policy. It is not the political will not call Itself the Council, but a special committes sitting for a doctrines of the Left or the ecific purpose. The last time an political doctrines of the Right American ant at the Council table, which will bring about a better it was not the American Minister condition of affairs. It is neces- to Switzerland who, occupied the sary that all Frenchmen should extra chair. It was the American forget their differences, should consal at Genova, Mr. Prentiss realise that if the country is to Gilbert, who has been equippal be saved from disaster, they with a special staff of qualified as- must seek, in no partisan spirit, sistants in order to keep in intimate touch with activities. Longue but with a single oye to national officials and delegates from other interests, the solution of the countries find some amusement in exceedingly grave problems that speculating who the next American have been neglected for so long. spokesman will be.
COUNCIL COMEDY
'It has now been decided that the American Minister to Switzerland, Mr. Hugh Wilson, whose past is at Berne, but who is obliged to spend, about half his time in Geneva,
"Aren't planes marvellous? We are only four hours away from mot her now."
WICKET-Torm applied to any cricketer who does naughty things. LEG BEFORE WICKET-A girl in a bathing costume standing in front of Eddie Kelly.
STUMPED. Well, even are, we managed to fill out three- quarters of a column.
ENGLAND EXPECTS
if we
We were walking down Con- naught Road with Robert Mac- Whirter on Saturday, when one of those pretty skirts in sailor's rigoute pulled us up.
"Buy a log" she appealed to Mac.
"No speeka da Eaglecah!" be replied.
A SLUG IN THE EYE.
The other day we had an article about Gardening. A correspondent, who claims he is gixty por cant, of our readers, wrote in asking us if
we could give him a good cura for aluge, as they were eating up all the radishes in his kitchen garden. We advised him to get a low lbs. of salt and sprinklo it between the rows. The following letter arrived. to-day: ANN
Dear Kelly Your cure for sluga was a wash-out. When I went to look at the garden this morning, the sluge were pulling up the radishes, dipping them in the salt, and eating them!..
STOP US
It seems that no one in England can trace his ancestry back to William the Conqueror,
Out here, of course, it is com paratively easy to trace back to the concubine.