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MONDAY, MARCH 5, 1934.
KOWLOON AND ITS TREES
MONDAY, MARCH 5, 1934.
NOTES OF THE DAY WHY GERMANY WITH-
THE SILVER FIGHT
|
DREW FROM THE LEAGUE The Very Idea!
By Dr. JOSEPH GOEBBELS, (German Ministe r of Propaganda,) THE
THE new Germany has gradually pariahs; and membership was not
CHEERING
UP.
By Eddie Kelly, Gloam Merchant
WHAT the world needs is someone to lighten the people's burdens.
That's what we're for. While governments dilly dally we have taken the first step to make this world a brighter and better place to love in-live in.
American silver advocates are fighting to the last ditch to force effective action on silver. And there enn bo little doubt that the willingness of the Administration to cooperate in the rather startling. achomes put forward would sco the objective achieved. The mere announcement that the United States Government was in the market for 1,500,000,000 ounces oven a third of that quantity for that matter, would send prices sky. rocketing. There is hardly a doubt that official decision to pur- chase moro silver than la, nt the moment; in sight would produce the 18 to 1 railo which the Pitt-oven as a menace to the peace of which it was originally conceived, man school kcop constantly in Europe. Genuine advocates of
pence throughout the world, how-League was made public ever, may rest assured that February 14th, 1910, It was as to spend, and less places to DREAMLAND
nothing can be more detrimental to serted that it would ronder valu-spend it in... the cause of peace than the atmo-able servico to the peaceful and Whother anything is likely to be sphere of unrest and distrust organic development of the com- it is imperative that they also But businesses must live, so dono upon the lines suggested or created by the spread of informa-munity of nations. It is strango earn increased profits. not, the line of thought which tion serving the sole purpoan of naturally develops, is a rather
to aco that the League's own pleasant one. The proposed ratie allotting to Germany the role of development should never havo In order to combine the two, transcended what might be called it took some thinking out, but
we managed it.
accustomed herself to the un-extended to them. Can it be said friendly criticism meted out to that tho atmosphere of Geneva most of her dolugs by large scc-has over changed since their sub- tions of foreign observers. It is sequent admission and that this thus not very surprising to see dualism has ever consed to make that her withdrawal from the itself folt? Gormany believes that league of Nations was described as the League will always remain trus an indication of her "bad will" and to the spirit of discrimination in
What Hongkong wants, When the Covenant of the for instance, is more money
mind.
PRICE ISSUE
It is therefore A mutter for the infantile stage. Germany's gentification that, soon after our collapse was brought about by a over the situation, and that known in the world's history Hotels should, In view of the fact exit from Genova, a change came coalition of Powers never before
First of all, we suggested that the Hongkong and Shanghai
that they were doing their best to make their customers cheerful, be the first to benefit under our scheme,
raise the price of beer to five bucks So we prevailed upon them to
a bottle.
We estimated that this would net the company an extra $5,000 a day, or $7,000 n day during the summer montha.
Then we decided to bring a ray of cheer to the beer drinkers. We
Thus, with one stroke of the pen, wo were able to save the Hongkong public the sum of $35,000 a week ($47,000 summer consumption),
+
In other words, $150,000 à month. In still other words. $1,180,000 a year.
This amount should, naturally, be devoted to the drinking of beer. Which will make the botelk
happy.
Which will make us happy. Woll, wattinell are we grurabling
But wait, we haven't finished yet.
about?
Still pursuing our policy of mak-
would see silver quoted at approxi-the "bogoy man.” mately 7/6 an ounce in London, and the Hongkong dollar at, possibly, seven shillings. No harm ig. likely to be done by allowing oncself to entertain dreams along these lines. Pounds at three to number of critics evinced a certain
that association was an unnatural the dollar! And it is not quito motives. It is no longer possible years of the war, what reason is desire correctly to appreciate our combine even during the four so Impossible and so fantastic as at first it seems. Something of the to ignore the plain fact that the tere for endeavouring to make it kind has happened before and even time of its existence, has passed The place assigned to Germany by League, during the relatively short
In politica? a permanent factor miracles have been known to re-through so many failures that even the authors of the Versailles treaty prut themselven..
Its stouteat defenders begin to has never born any relation to her look at it with critical eyes; but status, ber lanate strength or her, THE COLD FLOW
although most of the original en-cultural and economic importance. thusiasm has by now evaporated, The equilibrium of the world was Gold to the value of millions of Great Britain and France have completely upset when the war was pounds sterling is flowing to the resolved to continue the League in finally liquidated. The real task United States every week as a re-operation. In order to diagulas of the League would have been to sult of the devaluation of the geld the fact that it is really a mere restore auch equilibrium in order dollar and unless a halt is soon torso and that not less than four to enable those countries that had called, grave damage may be done out of the seven Great Powers are been the principal sufferers from prevalled upon Mr. Taggart to to the financial stability of Europe. not or are no longer members, the events of the war to put their lower the price of beer to $1. There are two causes for the al- it is sometimes alleged that the
houses in order. This bottle. most unprecedented movement German withdrawal must be re-task, although dificult, would have АСГОНА the Atlantic. "Flight".
htgarded as a tactical mazoouvre, been beneficial to the world. In money is returning, representing a
and there is a widespread belief history nothing is dolin profit to its owners of 60
permanent; that she will return to her seat everything is development, life and Evidence
per cent. Superimposed on this on the Council prior to the ex-growth. The Geneva institution is not wan.
piration of the period of two years
an upholder of movement are the normal balances ing which she is still consider as always been ting that Kowloon's opinion due to a creditor country which on the matter of removal of its fine plcturesque trade,
the still enjoys a surplus in foreigned a member in conformity with stagnation; it has never compre- hended its real misalon, and it has the League's statutes. Such he never done anything that would avenue of trees in Nathan Road
lief, however,, is wrong, may have made for political progress. is strong in condemnation of
peralsted in lead to sortous dis- the official decision. The rea-
appointment. It cannot be em- Germany's decision to join the From a long term point of view, phasised too strongly that Ger-League proved barren of results. son given for cutting down
ahe It was soon seen that it was im these, fine old banyang is that what are the probable results of the wished to sever any connections possible to create
many left Geneva because CO-cent dollar policy? They seem
an atmosphere they constitute a traffic danger. to be well expressed by the views with an institution which has which would enable the European The extent of that danger, even of an eminent economist, who never been able to dissociate it- altuation to be handlet i such a if it is admitted, is a point on quoted as having stated before the self from the mentality that pre- manner as to pave the road of real which opinions differ. The Senate Banking Committee that the character underwent no modifica. feeling of having signed the vailed in 1019 and whose real progress. Germany had an uneasy general view is that the danger use of the Government's profit ention it spite of the admission, of Versailles document a second time is by no means so pronounced direct inflationary influence of the
the gold stock would constitute “a Germany.
and of having voluntarily acknow as to warrant the destruction first magnitude." Many. econo
It would be unfair to disparagaledged its terms. Is it necessary ing, this Colony brighter and bet- of over forty of these magpi-mists argued that there was and is the lofty ideals by which the to refer to the practical activities ter, we have accured a promise from ficent trees, which have been suflicient gold base to restore and Anglo-Saxon originators of the The fact is that all the great Rotary will be knocked on the head of the League all those years? T. B. Wilson that apoakera at the pride of residents and the maintain the 1926 price level with. Lengue principle were inspired. problems of international import with his gavel. admiration of visitors. But out revaluing gold. Theoretically But the application of these ideals ance were solved without ita ald. public feeling has been chiefly this is possible, but as a practical to-the-sphere of reality has been when the conflict between China aroused at the manner in which matter the attempt to do so would so inadequate that it provides an and Japan presented it for the action has been taken. As and the final results would be ideallats might learn if they were making a decision of that kind, it make for much slower recovery object lesson from which all super first time with an opportuinty of correspondent pointed out on Saturday, Kowloon people have other hand, a minimum cut of 10 hard facts. The League Covenant which-indeed-is no
somewhat problematical. On the not constitutionally unable to face failed to rise to the occasion, had
no voice in the matter per cent in the gold value of the has been incorporated with the surprise. whatever the official fiat goes dollar would seem to make the pro- Versailles treaty as Part One, forth, and the destruction auto-blem of restoring the 1920 price evidently for the purposes of From the attitude taken up by matically begins. It is not as level of restraining the tendency supplying a sort of ethical and the Geneva institution Germany if there are no media available hope that the rise in prices can be articles, The
towards increased prices, with the moral alibi for the remaining 440 has drawn the only inferenco com for ascertaining the unofficial halted at approximately the 1926 President Wilson was submitted to not and will not go back to Geneva. idea evolved by patible with her honour' She can- view. The least that might level. have been done was to have
the tender mercies of the political so long as the League continues an ful iden. consulted the Kowloon
realists of France, who-after first Instrument for the maintenance of Resi- STERLING BLOC dents' Association, the repre-
refusing to have anything to do the Versailles treaty. She does with so fantastic a notion-soon not wish to take part in discus sentative body of ratepayers on
Before Mr. Wynne Jones at the For the gold countries, initia discovered that this was a unique sions that are only intended to the mainland. Then there is tion of the Roosevelt policy is opportunity of enforcing and per- perpetuate it; but she is always the Automobile
Association, meaning a substantial loss of gold petuating the kind of "pace" willing to collaborate in the work whose views on the question of going to the United States perhaps contemplated by them. Thus, the of European consolidation if the of Nations" became a principles of true Justice are growing to an extent that will "Society the alleged traffic danger would disturb their financial equilibrium, mere League of the Victorn. The applied and if her equality of securing. Neither body, bow-given no sign of the policy which surely have been worth Kelly, during a passionate outburst ever, was even approached. they will pursue, although it is The police have declared clear that their refusal to consider that the
trees
at around present are a stabilising danger and that has sufficed. values is justified by the tre It would be interesting to knowmendous under-valuation of the whether, in seeking official dollar in terma of foreign ex- sanction for the removal of the trees, the police brought for ward any evidence to establish their argument. So far as we can see, the only possible means of proving whether the trees constitute a danger is by analy- sing the number of accidents NO TRUE CONFLICT which have occurred on the stretch of road by which they are flanked and comparing if with the number of accidenta on
Even
internal purchasing power. It is change, as compared with this situation that has prompted the press to discuss recent develop ments in terms of a currency wer between Great Britain and the United States.
*
There is no conflict In any true sense in monetary matters between the interest of the sterling group and the United States, and any
-could
# comparable thoroughfare, discussion na to the relative prico
then, allowance would at which exchange have to be made for accidents stabilised can be based intelligent- in no sense attributable to the ly only on the eventual internal presence of the trees. Apart price which is being nimed at. It from these points, however, in folly to say that the pound there is just cause for complaint should now be stabilized at $4, nt that a matter of this kind should 36 or any other figure, until the be decided without taking public basic premisen are determined. If sentiment into account. Such a
Britain is content to complete thing would be impossible in level and the rest of the sterling readjustments at the present price England. To this type of group follow her, it is clear that Oficialdom, the natural reaction this decision would justify a valun- of any civic-minded person is to tion of the pound higher than the ask why in this Colony the public old parity. If the sterling group. cannot exercise some measure of and the United States are to pur control over purely domesticano a parallel policy in regard to questions. Other Crown Colonies aising prices, then it is clear that have their Municipalities: why is justified, that is, if we accept something less than the old parity not Hongkong7, Wo still have to hear a satisfactory answer to stabilised, at too high a price in the theory that the pound was that query.
1924.
¿CGARI
CANDY
matter for
"A swell⋅ placo"you picked for our vacation!--Not-an-alm- cooled movie in town,,”
that no horses but the winner will The Jockey Club, has consented. be entered in any race next season.
We were even able to pre- vall upon the government to chop down the trees in Nathan Road in order to give the Kowloon Residents' "As- sociation something to chew
over.
We have just thought of a wonder-
Then there is our mother-in-law.
STOP PRESS
old nun named Edward Kelly was Kowloon Magistracy yesterday, an charged with having attempted to murder his mother-in-law," Bertha Whaleateeth.
Speaking with kruit emotion,
from the dock, declared that he had put arsenic in Mrs. Whalestooth's coffee with only one idea that of making Hongkong a brighter and beiter place to live in.
"After I had completed my work," said Kelly, "It was my intention to usk members of the Forestry Depart- mont, Shroff Association, Police Department and other prominent Joy- killers to tea, in order to mako Hong- kong still brighter and bettor."
The special jury of four found the accused not guilty, without rotiring front the court, and Kelly, was ac quitted with cheers.
邮
HIS: MISTAKE
Mr. Jinx was the mildest of men, but even he objected to the noise which had issued from the bedroom of his neighbour, some time after eleven o'clock on the night previous, "I say, old man," he said to Jonx, meeting him during tin bour, "don't mind me mentioning it, but If you intend to talk so much be fore going to bed, you really should clono your window. My wife simply couldn't get to sleep last night with all that talk going on." "Mo making a noise, talking last night!" exclaimed Joax.
"Yes! Perhaps you don't realise It: sound carries at night."
dear Jonx, you're making a mlatake."
"But I heard you, old man! As a matter of fact, the wife com- plained bitterly. You didn't realise you were talking so loud. Agiven
You're wrong this time, Jink," said Jonx cheerfully. "I was in Macao on business last night. Haven't been home since Satur day I'