THE BEST XXX BRANDY
IN THE MARKET.
Sole Agents:
CALDBECK, MACGREGOR & CO. LTD.
(Ground Floor) · Tel. 20075.
Prince's Building,
TheLoading Wine & Spirit Merchants in the Far East.
MASON'S FAMOUS "O.K." SAUCE
On Sale at All Stores.
Sole Agents;
W. R. LOXLEY & CO.
York 'Building, Hongkong.
THE HONGKONG TELEGRAPH. SATURDAY,
UNEMPLOYMENT
BURDEN
DISTRESSED AREAS PROTEST.
BILL'S EFFECT
Mr. W. Walker, Deputy Mayora of Manchester and Chairman of tho Conference of Distressed Areas, has addressed to the Lon- don Morning Post the following statement on behalf of the dia- treased areas as to the financial Incidence of the Government's now Unemployment Bill proposals.
"It la dimcult for us to deal, on the floor of the House, with any Mialater who has at his disposal there all the resources of his De- partment in staff and material and there is no cross-examination to bring out all the evidence on which to form judgment.
"The information at present before the House of Commons In justification of the Government proposals is:
(1) That if this Bill becomes law the State bears 95 per cent, and the ratepayers bear 6 per cent. of the cost of relieving able-bodied unemployment.
to
(1) That the amount of relief
authorities
this local
by Bill is about £2,600,000 a year, and (iii) That the existing block grant is so weighted as to give special rollef to distressed areas like Carmarthen County, of 148. 10d. In the £ against an average of 4s. 9d. for all counties.
"On these grounds the Chancel
British- and Bestor asks Parliament to say that
OK
sauce
Puts punch in appetite
justice is done to local authorities In general and that generous aid is given to distressed areas in par- ticular.
CHANCELLOR'S FORMULA. "On the first point-the V& per cent, and 5 per cent. relationship -the Chancellor might well say that The local authorities have not sumciently considered these figures." We have not heard them before his speech in the House, and we have never thought that
JANUARY 13, 1934.
HOWARD'S GREATEST PART-Larlis Howard accom- plished what is considered to be his finest screen characterisa tion in "Berkeley Square". Here he is seen with Heather Angell who plays opposite.
the higher is the percentage that any Chancellor can calculate by this formula to belittle the birden on the rate-payors. Vice versa, when the Insurance Seleme is im- proved and less sums for transi- tional payments out of Exchequer Funds are needed, the percentage borne by local rates rises.
Government in the first instance, and afterwards thrown back on incal rates. This involves £150,- 000. The provision of juvenile instruction centres is estimated by the Treasury to put another £250,- 000 per annum on to local rates. In the net result the gain by this Bill in England and Wales is just "As to the second claim we are over £1,000,000 in aid of local such a plea would ever have been being told that the Bill gives to lo-rates-shared by rich and poor formulated. The 95 per cent. Iscal authorities a real gain of towns in the same proportion. forthcoming out of a piece of £2,000,000. We can only deal We cannot regard this as reason- arithmetic which puts down to the with England and Wales, where, able, for we are still left with credit of the Government £51,000 on the best information available heavy debts for relief work and 000 per annum for Transitional to the Treasury, £2,000,000 is the intolerable rates for public assis- Payments and two or three mil-apparent advantage to the local, tance. lions to the rates. We can only ratea, ie., 40 per cent. relief on
"On the last point, namely, the leave it to the good sense of the £6,000,000 for transferred cases. House either to adopt or reject But these benefits are in lieu of virtues of the block grant in ald this theory. The greater the about £500,000 of special grant of distressed areas, we weakness of the National Scheme now received by distressed areas. think that the Chancellor can have of Insurance against Unemploy-The local authorities are also to made his statement with all the ment and the more the number of
an extra 5 per facts before him. Counties like
(Continued on Page 11.) Insured men who cannot, draw be able to pay benefit out of Insurance Funds, cent, for cases transferred to the
SALESMAN SAM
MADAM, I'M SELLING HANDSOME GENTS HOLIDAY NECKTIES! NOT A JITTERY PAT- | TERN AMONG 'EM-CAN ! SELL YA ONE,
TWO, OR A DOZEN?
OHOHO
THE BLOCK GRANT.
And Sam Hadda Fall for It!
WELL, AS GENERAL GRANT SAID, JUST BEFORE TH BATTLE OF-WATERLOO, DON'T GIVE UP TH' BOAT, GOYS"— so
I'LL JEST TAKE A STAB AT THIS HOUSE,
cannot
OH, OH! LUCK'S WITH ME! FROM TH LOOKS OF THINGS, I'M IN TH' RIGHT, CHURCH AND NOT TH' WRONG PEW!
1933
THE
KEENEST
BUYERS in the Colony all Stock
SHEPHERD
PURE NEW WOOL.
100%
ALL WOOL.
STELLA INTERLOCK
BEST EGYPTIAN COTTON
SHEPHERD
TRADA
UNSHRINKABLE
CODITÍCH MADE
UNDERWEAR
These two garments have the essential outstanding features-
THEY DO NOT SHRINK. THEY DO NOT IRRITATE.
STELLA
INTERLOCK" PERFECTION IN UNDERWEAR BRITISH MAKE
SOFT HYGIENIC DURABLE
Samo
COMFORTABLE UNSHRINKABLE.
The Best
Possible
Materials.
ALHAMBRA
THEATRE
OPENING SHORTLY
By Small
A FEW RINGS, A QUICK SALE, AND
I'LL BE OFF!
RING
FRING
SAM
HowD)
REG, U., E. PAT, OFF.
MEBBE YA ARE, SON! BUT
HEY, MISTER, HEREAFTER KEEP
ITS VERY MISLEADING,
INDEED !!..
WILL YA?
NOT HERE SCRAM! YER OL MAT ON THE INSIDE,
ܬܵܐ
17
+Christmas
Greetings
WELL?
MY DEAR SIR, I'M
SELLING
WELCOME
SWAN, CULBERTSON & FRITZ.
Investment bankers and brokers in securities and commodities Daily New York and London Stock Exchange Service. Commodity Futures on the principal American markets.
Mombers of:
Now York Cotton Exchange.
Chicago Board of Trade,
Commodity Exchange, Inc.
(Silver, Rubber, Silk Copper, Hides and Tha),
Sundll
Correspondents for Hayden, Stone & Co...
Cable Address: Swansteck Asia Life Building, 14, Queon's Road.
Telephone 80244,"