THE
HONGKONG
TELEGRAPH.
MONDAY,
OCTOBER 15, 1934.
TRADE ADVANCE
ANGLO-SOVIET BUSINESS
FIFTY PER CENT
INCREASE
BALANCE SOUGHT
London, Oct. 10.
annum as a flat interest chargo, making the total burden betweon | 10 and 12. per cent. Some British banks, however, have been advanc-i |ing short-torm, six to ten months' credits to Russian enterprises on In global four to five per cent.
basis. Average periods of credit] range from 12 to 18 months.
THE ENIGMA OF DOORN
́SQUIRES' RIVALRY IN HOLLAND
EX-KAISER'S AMBITION
Doorn, Oct. 8. While Wilhelm von Hohenzollern certainly never forgets that he is a world figure, the most curious thing about him is la ambition to be regarded as The Squire of Doorn.
Milo Burabam, American Stunt filer, pleka up a table-cloth with his wing
tip.
temporaneous, with a natural pre- occupation with the startling events in Germany,
KNOWS TO A PENNY.
But Soviet credit polley has un-- dergone a radical change. Dur- ing the earliest ora of Soviet In- dustrialisation, the Russians were in such urgent need of production machinery that they cagerly sought foreign credits on terms which, under normal conditions, would Doorn there are at least a dozen But this is donied him. In A marked increase in Anglo-generally be regarded ag even Dutch noblemen. rooted In the soll Russlan trade has accompanied the‡usurious. Nowadays, Moscow and assuming unquestioned pri- improvement of political relations evinces no such avidity for credits, ority. All along the highway from between those countries in 1934.
Indeed, about a third of Soviet the village of Drisbergen clear to The total turn-over of commerce purchases in Britain are settled here they have been living-come Amerongen their estates extend; between Britain and the Soviets on a "cash-and-carry" basis,
of them in the oldest castles of in the first six months of this year]
feudal Holland for generations. has exceeded that of 1933 by appro- SHORT TERM CREDITS,
Το them Wilhelm is still the ximately 50 per cent. True, this
Prices have eclipsed credit foreigner, with no claim to assumo riso has been due partly to the adverse factor of the April-July, facilities as the major considera- any of the duties of the squircarchy. fortune, the ex-Kalser lives like a
However, the rich foreigner at 1988, trade embargo which natur- tion in the placing of Soviet orders "Hula Doorn" refuses to take this wealthy aristocrat rather than like ally dealt a severo blow to trafic abroad. Russin has lost interest lying down. When Winter comes, hold numbers about 60, all of whom
a wealthy bourgeois. His house between the two countries year; the embargo followed the in short-term credits and has near-he and Hermine not up their own
His mornings he devotes to the arrest of British engineers inly wiped out her outstanding short-private relief fund for the villagexcept the guards at the gates- gather for daily worship in the Moscow. But even leaving the term obligations In foreign counto his castle and receive
poor; on Boxing Day the poor chapel at 8.45 a.m.
management of his property. He their abnormal embargo situation out of tries. Nor
is said to know to a penny what Actually the establishment is ahla income is. He has had many are the Bolsheviks parcels of food and clothing from account, the development of Anglo- ready to pay more than the pre He invites, the village choir to give others to forget, that he is Kaiser he first resided at "Huls Doorn"
the hands of Wilhelm and his wife. miniature Potsdam. Within the
gates he never forgets or permits authorities over his income. When quarrel with the Dutch tax- Soviet commerce has recently dia- closed signs of healthy growth. vailing international interest rate:
an evening concert on his estate: Wilhelm II of Hohenzollern. He he refused to for credits. Reasonable price he takes a practical as well as has his Court Marshal, his aides, tax on the grounds that he was a Tho trend
illustrated by tho offers have become the determin-Anancial Interest in everything his staff and his Court Physician. politicnl refugee. Finally he had pay Dutch Income following figures for the first six) months of the
ing factors in the promotion of that concerns the village. three respective
Just how rich he still is acema Everybody has to stand to atten- to pay, under protest. trade with the Soviet Union. years:
to be a matter of dispute. Baronition, to click hools when doing so, Thus he lives a dual life`at public relations to refrain from speaking except Doorn. That of the country aristo- Anglo-Russian trade received n❘von more stable foundation with the counsel and business representa meticulously all the thousand and grounds, studying his roses, thin- when spoken to, and to obey erat, moving hatless through his 42,182,217 Higanture of the trade agreement tive, told the United Press in
1,691,719 between those countries on Febru-January that by the settlement bene rules and ceremonies followed ning out his trees; and that of an
at Potsdam, Mounting Soviet purchases on ary 16, 1934. Formerly the balance tween the State and the Crown in
International figuro, head of an an- royal family had
Mens-Even though ke cats only clent House which the world has the British market appear to be of trade between them had ranged 1926, "the the outstanding fact emerging between three-to-one and four-to- renounce about five sixths of its the simplest fare and that sparing never completely forgotten and
that The Erivate fortune" and from these figures. With a sinte
thisly-are always served in the most which, in the whirlwind of Time,
British
Inst
Imports #4,721,248
Jiritini
Bowler
Importa 1987 7,723,14 £ 782.829 100145,093,037 K
Keesporta
€ 7,708,226
474,007 1,220,0
one
in Russia's favour.
monopoly of foreign trade prevail-February accord provided that the ing in Russin, there seems to be balance of payments
'shall be Approximately equalised within
in
no doubt that the Soviet gover four years, bearing the ratio 1 to ment has deliberately turned away 1.7 from the United States and Ger-
the Soviets favour on many and looked more and more January 1, 1936 and, as from 1938) to Britain as the source of supply onwards, maintain a ratio of about
it to 1.1. for the required minimum of im- ported goods.
POLITICAL ANIMOSITY.
Increase of Soviet purchases in Britain this year indicates that the stipulated balance will be) Politieni animosity between Ger-jattained by January 1---United many and the Soviet Union makes Prrar,
Sell, his
to
Pricei based
on the
Zenow value
of the dollar,
FANLING!
SCOTTS HUNTING BOWLERS VELVET HUNTING CAPS SCOTTS CRASH HELMETS
BRAEMAR RIDING SWEATERS
DENT'S STRING GLOVES WOOL CUBBING SCARVES PLAIN or FANCY STOCKS PLATED STOCK PINS BOOT HOOKS and JACKS HOWELL'S SEAT STICKS
Brecones, Hunting Veste and Racing colours made to measura
MACKINTOSH'S
MEN'S WEAR SPECIALISTS.
MARTELL'S BRANDIES
KNOWN, APPRECIATED AND CALLED FOR
THE WORLD OVER.
THREE STAR
CORDON ARGENT
lalso square pints)
(over 60 years old)
CORDON BLEU
Special Trade Mark
. lover 35 years old)
V.SO.P.
V.V.E.S.O.P.
SOLE AGENTS:—
GANDE, PRICE & CO., LTD.
St. George's Building;-No-2-Ico-House-Street,-Hong-Kong.A
Dlal No. 20135.
Mr. Charles Chaplin is making plans for a new picture. Here he is at work at Lake Arrowhand.
it unnecessary to seek farther afleld for an explanation of the ruthless reduction of Russian purchases on the German market. Formerly the chief beneficiary of Soviet ordera placed abroad. Germany now lags far behind Britain. But the United States, too, has been among the losers in the International · scramble for
Soviet business. Smooth exten-
Fishing for amber off the coast of East Prussia whore a ncient forests are buried and the rare resin appears in
large quantities.
residue "has to be shared among formal atmosphere; he Invariably might once more figure in dramatic 17 households, comprising 40 mem- dresses for dinner and so does events. bers of the Royal Family,"
Hermine. Ou special occasiona le He must have his own strong "Furthermore," continued the dons one of his old uniform the and even obstinate opinions about Baron, "there remain other oblign- brilliant uniform of the All-Highest Hindenburg and Hitler. but all tions, such as pensions, which have Warlord. And although he is in that he has permitted the outside to be paid, although the bulk of variably the amiable host, woe be-world to know is that he "rejolees the estate consists of handed tide the careless or ignorant guest in the unity of the German property which has yielded no in- who neglects the prescribed court people." He must know that many come for years though requiring to ceremony. Ife is never invited would like to see him aented once be maintained in a suitable manner again.
more on his old throne in Potsdam by a large staff of officials, work- But this "make believe" does not but no visitor had evor drawn, hím men and their families."
mean that the ex-Kaiser lives in the out on this subject. That his CARICATURE OF WEALTH. past or suffers "delusions of children and grandchildren stand in Berlin estimates that the ex-grandeur."
His only concern with the streets and salute the Austrian- somags | Kaiser's private fortune amounts to the past is to defend, in one book born ex-housspainter Hitler, not 700,000,000 marks, wore dismissed after another, his reputation and a word of comment on this has ever by the Baron, impatiently, as that of the German people from the issued from his mouth or pen. "grotesque political caricatures." "war gulli" charge. Other than Ile remains the enigma of
But whatever the size of his that, his interests are intensely con- Doorn-United Press.
GERMAN OFFER
REJECTED
COMPROMISE PLAN SUGGESTED
Germany's offer to pay £276,000
sion of government credits to owing to Lancashire yara spinners,
Russia was blocked by ennetment by 12 monthly instalments was re-
of the Johnson Law and failurejected by splaners at a meeting in
settle the Soviet-
hitherto to
United Statea best problem has Manchester.
left Russian-American trade stag-
nant. Britain has consequently As an inducement to settle, emerged from this muddle as the Germany offered that if the Empire amiling third party.
would take a bigger share of
As a result, cargo steamers have hosiery and gloves, payment of the been leaving British ahores, faden with tool machinery, iron andjold debts would be speeded up.
stool, equipment for the Moscow:
subway, sheet iron, and special
Germany also asked for a re-
steel amalgams, as well na with sumption of yarn supplies, the now re-exported lead, tin, copper, rub- ber and tea-all bound for Russia, business to be done at six months'
A British manufacturer or mercredit instead of the usual 30 days' chant, seeling to the Soviets on n credit. credit basis, enjoyed a 75 per cent. gurantee of such credits, granted by the British government.
IMPROVED CREDITS. But credit conditions for Russia have of late improved here. Up to this year, the average Insurance
The meeting in Manchester de- cided to set up a special committee to deal with the matter and co- operation of the coal and wool yarn exportera will be sought,
Two deputations have been to
rate for dealings with the Soviets Germany, and on the last visit the was 10 por cent.; now it has drop-offer was made with the backing of ped to about 0.06 per cent. Be- Fond this, the Russians are paying Dr. Schacht, President of the approximately 8 per cent.' per Rolchsbank.
· Stege coaches-racing in a wastern Canadia rodas, whare drivers of a vanishing ara complete annually in thrii.
WEDNESDAY AT KING'S
THE
WITH DURANTE. THE SCREEN'S NEW PERFECT LOVER! . COME ON! EVERYONE'S INKA-DINKA-DOO'ING
At Last!
He's a second Don Juan' and twice as good Be the first-it's an earthquake of uproarious laughs!
PALOOKA
by Kim Flakes
* JIMMY DURANTE - LUPE VELEZ- STUART ERWIN • MAJORIE 'RAMBEAŬ ROBERT ARMSTRONG, - MARY CARLISLE WILLIAM CAGNEY THELMA TODD' A Reliance Picture", Produced by Edward Smað • Released thru United Artals.
THE LONG AWAITED
George Arliss
IS HERE
ling contesta.