THE
HONGKONG TELEGRAPH.. SATURDAY, DECEMBER 1934.
It Pays to Buy Bedding of Known Quality
Opens to two twin or one full size bed
Genuine SIMMONS
STUDIO COUCH
With two SIMMONS Mattresses
mast
15
The Simmons Studio Couch will make attractive addition to any room. By day it a handsome and comfortable couch-handsome because of its perfect tailoring-comfortable because the seat is genuine Simmons Inner Spring mattress.. At night it can in a Jew minutes be converted into either a full size bed or a pair of twin beds
Siamosas Janer-Spring Mat- trennen are recommended the world over for their luzurious comfort This Studio Couch has bee of them,
ON SALE AT ALL GOOD FURNISHING STORES
SIMMONS
BEDS
SPRINGS
MATTRESSES
TRUST A THORNYCROFT WITH YOUR TRANSPORT
THORNYCROFT
DIESEL ENGINES
forTM
VEHICLE & LIGHT MARINE WORK
“ARE: NOW 'AVAILABLE
CENTRAL BANKS SYSTEM
STRENGTH FOR STERLING BLOC
IMPERIAL CONTROL
London, Nov. 16.
Announcement that the Irish Free State has appointed a bank- ing commission to consider "the setting up of a "central bank" in Dublin advances the British Em- pire a step nearer to the point at which the monetary affairs (In- luding price levels) of the Empire will be managed by a chain of six) central banka centring around the Bank of England.
But stead of scrambling for gold, the six Dominion banks will very largely ship their gold to London, sell it and Invest their reserves in sterling bills. They will be on a monetary system al- ready nicknamed "the sterling exchange standard.”
This is something new, at least on the new scale. British Empire enthusiasta say that It will streng- then the "Sterling bloc" and enable Great Britain to take ita own time in returning to the Gold Stand-
ard.
The alx central banks in this all-British chain will be: The Commonwealth Bank of Australia, founded by the Australian Labour Party in 1911 to "break the bank- ing monopoly of the commercial banks" and slowly transformed be- tween 1924 and 1929 jato a typical "central bank";
The Bank of South Afrien, formed in 1920; has always had n bur time controlling the commer- cial banks but makes a nice Income acting as agent for the Rand mines in selling their gold outpat for them;
The Bank of New Zealand, created in 1933. a, convinced be- liever in the possibilities of a sort of "Federal Reserve system," for the British Empire;
наше
The Bank of India, also created | is 1933 with much the psychology; its new Governor is Australian banker who is an expert an inter-imperial financial problems and considered-certain to be an influential gure in the sterling bloc:
The Bank of Canada, just creat ed; counts its money in dollars, not in pounds sterling but is ex- pected to keep part of its reserve;
WARNING TAKE
NOTICE
Have ASPRO
Ready for any EMERGENCY
COLDS FLU ́and RHEUMATISM are about Again
HUNDREDS of people everywhere
are suffering from Influenza, Colds, Sore Throats, Sclitica, Neuralgia, and Rheumatism. Quick action by taking 'ASPRO" is the best way to deal with these complaints. Don't wait till you are feeling "flat out.** Take ASPRO at the first signs of being attacked. Take two or three 'ASPRO' tablets at once and follow up with twoʻmblets every three hours, and a hot lemon drink with the last dose before going to bed. Colls and 'Plu are easy to nip in the bud, but difficult to shift if you let them become deep-acated. 'ASPRO " never fails, if taken according to directions. It is safe, syre and certain. It quickly puts you on your feet again, and there are no dangerous after-effects. It has banished Colds and 'Flu for thousands of people. Let ‘ASPRO ' help you now, and save further boiler.
'ASPRO'
Quickly Smashes COLD & FLU Attacks
INFLUENZA WARDED
OFF WITH 'ASPRO
*Dear Sire,
17 Church Place,
I
Pay Adelaide, S.A.'
I am writing to you to let you know what ASPRO Tablets have done for my children and myself,
We have all been down with the IN- FLUENZA at once, and all we have taken are ASPRO Tablets and lemon drinks. We all had high tem- peratures and bad headacher: but thanks to your 'ASPRO" Tablets we are all about again. only being three days in bed.
Yours truly,
147/34
N. GYLB (Sgd.)
TRY 'ASPRO' FOR:
HEADACHE TOOTHACHE RHEUMATISM INFLUENZA SLEEPLESSNESS HAY FEVER FEVERISHNESS IRRITABILITY SORE THROAT NEURALGIA TEMPERATURE EARACHE COLDS LUMBAGO MALARIA DENGUE SCIATICA ASTHMA COUT
NEURITIS
ALCOHOLIC AFTER
EFFECTS.
"ASPRO" GIVES GREAT RELIEF TO WOMEN WHEN DEPRESSED.
in London. May have a difficult the form of the Free State Bank-in London but a lot of people are other as well as of the Mother
Country. time keeping the currency steadying and Currency Commission already deeply interested in the] between London and New York; which regulates the note issue of possibilities envisaged. They see! But there are plenty of dificul
the country,
this chain of alx central, bunks ties plainly visible. For example; And the Bank of Irial; Free State-not yet even in embryo,
working in the closest co-opération any financial editor in London with London and strengthening referred to these alx Dominion who, in an absent-minded moment, although an early possibility, an Consciousness of the new Im-imperialties, nunking the scattered banks as "satellite banks" would the machinery already exists in{perial landscape is only dawning Dominions" conscious of one an- (Continued on Pape 11.)
NEW LANDSCAPE-
NOTICE
COAL FIRES
Burn brightest and longest
with
HONGAY EGG COAL
Marine Engines-Models from 9 B.H.P. upwards, Vehicle Engines-Models of 36.1 H.P.-4 cylinders. (R.A.C. Ratings)
54.2. H.P.-6 cylinders.
For Prices and Further Particulars
Please Apply to:-
John I. Thornycroft & Co., Limited.
SOUTH CHINA OFFICE-
Ploneer Building, Nathan Road, Kowloon:
Telephone 56752.
TRUST A THORNYCROFT With Your Transport
We beg to
announce a substantial
reduction in all our prices of Wines
and Spirits as from December 1st:
If you have not yet received a copy of
our new price list, kindly communicate
with
CALDBECK, MACGREGOR & CO., LTD.
Prince's Building.
Tel. 20075.
HÓNGAY MINES OFFICE
(Charbonnages du Tonkin) 14, Queen's Road, C
Phone 21024
They change so fast, there should be a new picture at least once a year, for photographs of the children never grow up,
Make an appointment to-day. THE MING YUEN STUDIO 17, Queen's Road Central (First Floor) (Between. the H.K. Hotel and Dairy-
Farm Store, Queen's Road C.)