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All hail, thou Dwelling (Faust) ELISABETH SCHUMANN-Batti. Batti (Don Giovanni)

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TELEGRAPH. FRIDAY,

NOTES OF THE DAY

CHAOTIC MARKETS

What Is to become of the Hongkong dollar? A good many people were asking that question yesterday. They expect news- papers to know, for nomie reason, or at least to be able to venture a shrewd guess. We dure not. There is one thing certain, and that is that the fluctuations in Shanghai have been caused by wlic apeculations and rumour-tonger-- ing, und that the rapid And the handsome, distinctive has had its effect on

depreciation of the Shanghai dollur the local streamlined appearance of the market, There was

rumour 1935 Studebaker truck yesterday that the Shanghai, gold' bar market might be closed, for it makes it stand out from the had panicked and the bar price had crowd. With its sleek, busi-risen by leaps and bounds, coming ness-like. lines and powerful, close to $1,100 yesterday afternoon. Someone nast have been badly dependable engine, it is a truck hurt in the 'clinches. Meanwhile, you will be proud to own, a truck which inspires a feeling of pres- tige that, suggests a price much higher than its actual cost.

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Hongkong Telegraph.

FRIDAY, OCT. 25, 1925.

THE COMING ELECTION'

In three weeks time, the British electorate will be called upon to decide whether the pre- sent Administration shall remain in office. It is not easy, at this distance from the centre of

WAS

OCTOBER 25, 1935.

The Right of Search Position of Shipping in the At Sea

Event of a Naval Blockade

Scenes such as this, common during the Great War, may again prevail-in the Mediterranean

and Red Seas if the League authorises a navaļ blockade of Italy.

we were told by those who know because we about these things. were busily making enquiries to satisfy anxious questiorers, that the Hongkong Governntent, going to place an embargo on the export of Hongkong silver dollars. The Government. replied that it was not, but that it appreciated the danger of a severe drain upon the resources of the Colony if the value of the dollar sunk below ex- port parity. An embargo, experts state, would certainly have, an un- fortunate effect upon the exchange market. It is all very involved, but It is worth while studying. because the future of the dollar will have a very vital effeel up The condition of affairs in this Colany. If exchange weakens seri- nusty, the Government will be em barrassed, and will be faced with the necessity of Binding new taxa- taking the form of a naval block course, delay them upon their TS doctrine was originated tion or cutting elvil servants payade must be of great interest to voyages. While it is obviously by Great Britain and was Those whe heretofore bave

British people, especially in in the interests of a belligerent upheld during the Great War in clamoured for a lower dollar, and

reduce the inconvenience spite of the protests of neutrals. moaned over the rising rate, had Hongkong, because such a vast to best beware lest that for which proportion of our trade passes caused to neutral shipping to a Thus Britain would be entitled to fervently should through what might be termed minimum, the delay may be con- detain Italian cargoes consigned they wished actually rome about, bringing with the "war area."

siderably increased by weather to Italian ports, the ports of conditions, for, where it pay cuts.

the Italian Somaliland, and the ports "The right of visiting and weather does not permit of visit of Libya pending a decision of searching merchant ships upon and search upon the high seas, the Prize Court-provided, of the high sens, whatever be the or when there is a reasonable course, ships, whatever be the cargoes,

that they contained whatever be the destinations, is suspicion of illegal trading, neu- articles characterised as contra- the incontestable right of the tral vessels may be diverted to band.

a suitable port. Having regard The adoption of economic

WHAT'S A WEEK-END?

The strange things that, people Someone now demands that ask! he be given a precise definition of

on

T

THE rights of neutrals and THE submission of neutral that the cargo is eventually des-

belligerents in the event of ships to visit and search tined for a belligerent. League sanctions against 'Italy upon the high seas must, of

Lord Stowell. in 1799, and

does not, of

| political thought, to assess with the duration or extent of what is lawfully commissioned cruisers to the limitations of the right of sanetions by the League of any exactitude the prospects of commonly called a week-end. Life of a belligerent nation." Thus search to the high seas or belli- Nations as a measure designed

'to him, apparently, will be no the Baldwin Administration be longer worth living if the present nothing has happened since to gerent territorial waters, this to prevent war ing given a fresh lease of life, uncertainty that point be alter these rights of a belligerent must obviously mean the diver- course, bring the rights of either

sion of the ship to a port for belligerents although there would appear to allowed to

or neutrals into continue. says the nation.

search.

operation, for the adoption of be little reason to think that it Edinburgh Evening Despatch. It

True, the United States took a This right to divert ships for sanctions does not in itself in- will suffer a defeat at the polls, is another evidence that, mat-

But the It is somewhat unusual for a ter-of-fact materialism is laying its stand upon the "Freedom of the search was clearly maintained by volve any act of war.

this doctrine was France in 1976, when the Minis- rights of visit and search could Government to go to the country icy hand on everything nowadays. Seas," and

We no longer breed inspired embodied in President Wilson's try of Marine made a declaration be exercised after a formal de- in the midst of a big interna-

of naval blockade tional crisis, and actually there geniuses; instead we have a multi-Fourteen Points. It has been to the effect that "The French claration

tude of potential or fully certifle defined by an American states. Admiralty consider that to-day against Italy. is no necessity for the appeal to

ated accountants and auditors, be made at this moment, seeing aided

man as, "The right of neutral a ship in order to be visited and In this connection it is in- by powerful batteries that the Administration has an- of mechanical calculators. Now, nations to carry their commerce, searched ought to be diverted to teresting to note that the inten- other year to run before its surely, the supreme beauty as freely in time of war as in a port whenever the state of the tion of Italy to treat the Abys

or the nature, weight, sininn campaign as a punitive term of oflice automatically of the British week-end-a gift peace, except, when they carry sea expires. But, its leaders evid- that it is our proud privilege to actual munitions of war or when volume, or stowage of the sus- expedition only and not involving ently believe that its chances of have conferred on mankind is they actually seek to break a pected cargo, as well as the ob- any declaration of war has no re-election would be greater now this very vagueness-or-elasticity-blockade-which-is-more-than-a-scurity-and- lack of precision-in-foundation-in-fact. Abyssinia than if it waited until next year, that meticulous minds find so ir-paper blockade,"

ritating? I may be anything In this connection, it must be from a solitary Saturday after- kopt in mind that the measures

noon to the period which begins which have been found neces-

on Thursday morning and ends on sary in the present crisis have Wednesday night. Even the rail- naturally involved the Govern-way companies have abetted the ment in considerable cost, with beautiful scheme

by granting the prospect of still further week-end tickets of a duration that greatly shocked our heavy exponditure in the imme- would have

we are too often diate future. This fact, to- forbears, who, gether with the additional money told, were always much more de- which will be needed to bring voted to their work than we are

#

IT MAY COME

the words

#

scarch

page. It has been argued that

(19

The Very Idea!

ON HOLIDAYS Newspaper Faces · A

Staff Mutiny

WHAT with all these Ameri-

can congressmen arriving here next week, and being pestered all day by the office Happers and people who want to pay us the money they owe us for card debts, we have de cided that what we want is a nice, long holiday. Maybe, by working day and

the papers on board, makes visit is an accepted independent State and search at sea impossible in and a member of the League of practice or dangerous to the ship Nations. This, of itself, makes the invasion of her territory an THE American State Depart- visited."

ment, however, has recom- It is laid down by Internation- act of war which can not be punitive mended, and President Roosevelt al Law that, in the event of sub- characterised has concurred, that the United sequent examination proving measure. States should not insist upon the that suspicions were unfounded, "Freedom of the Seas" in future the neutral can obtain damages wars. In any event, the British against the belligerent Power. Government has always been an But such damages are only for upholder of the right of visit and losses arising from unreasonable of merchant vessels, diversion or from unrcasonable the defence forces of the nation

under whatever flag they may delay. up to an adequate strength, will be reflected in the next Budget,

sail; and an opponent of the The fact that neutral warships and it is just possible that with No man has yet seriously argued doctrine of the "Freedom of the are not subject to visit and the prospect of additional taxa that

was this attitude search gives rise to the question Big are Seas." It week-end tion being necessary, the Gov synonymns for a fortnight, but, at which led to much controversy of whetlier neutral merchant erument feels that it would be the present rate of expansion, that between Great Britain and the ships, if escorted by a neutral safer to get the election over also may come. Machinery can be United States during the Great man-of-war, are liable to stop By Empress Eddie Kelly, of Britain before the full extent of the bur: made to do so much of the world's War. dens were disclosed. Be that serious work in these days that

there is no reason why the week- The right of visit and search a convoy, being under the direct as it may, there is nothing to

ends of many of us should not be may be exercised in the terri- supervision of a man-of-war, is indicate that the electorate is in

as long as we choose to make them.

torial waters of the belligerent exempt from visit and search. a mood to throw over the Goy- At the worst it is no more heinous

or his enemies or anywhere upon This exemption has been termed ernment at this juncture. lu to prolong a week-end' unprece- the mam, its foreign policy finda dentedly than it is to put the clock the high seas, but not in the the right of convoy." That widespread support, whilst inck or forward an hour, as, twice territorial waters of neutral the "right of convoy" detracts the domestic sphere there is a year, the Government exhorts us States. Legally a vessel may be in any way from the right of general appreciation of the to do. The day is far distant, it is stopped anywhere outside such visit and search has never been measures which have placed the hoped, when the cry will be for waters in any part of the globe. admitted by Great Britain, and night, snatching a mouthful of nation once again on the up shorter week-ends. Generally, the In case of actual sea hostilities, an American judge has asserted food when it can, remaining at grade. The only serious opposi-longer they are the better. True, however, it is unlikely that that "the law deems the sailing its post until it falls exhausted sheer grit, perseverance and go- but it is clear that the Labour tendency to break out at the end the League or Britain would under convoy as an act per sclunder its typewriter, and by tion likely is that from Labour, international crises have a strange

wish to exercise this right inconsistent with neutrality."

There is no doubt, therefore, ing without a shave, the staff of the week, as have the speeches

a naval boycott of Italy the 'Telegraph will be able to ites are not just now an alto-of Mr. Lloyd. George; but these outside the Mediterranean and Kether happy family, besides evils, it will surely be admitted, Red Seas, and possibly the north- that which their criticism of the are as nothing compared with the west portion of the Indian Ocean. would confer the right upon carry on during our absence.

As soon as we started mention- Government's handling of the many benefits that flow from the Even should wish to do so, Britain of stopping, visiting, and present crisis is rather more of weekly cessation of mischievous insistence upon the right of visit searching Italian ships on the ing holidays, our acquaintances detail than of principle. At the activities by the bulk of British and search in other parts of the high seas passing through the enthusiastically remembered car- last General Election, the citizens. It seems tolerably cer- world would lead to dispersion Mediterranean or the Red Sea or tain places on the atlas. Some of National Government swept the tain that if Signor Mussolini, Herr of force which could hardly be approaching the Gulf of Aden, them thought that Ethiopin would and, if considered necessary, of be a good place, while others point- diverting ships for detailed ex-ed out the possible benefit of a country, being returned with no Hitler, and some other mortals

trip to Szechuan, where the Com- fewer than 554 seats, compared cast in a Napoleonic mould could contemplated.

but be persuaded to take a week- It may be assumed, therefore, amination in a friendly port. munisis are chopping off people's with the Opposition total of a end off now and then, the world that shipping would, in the There is another important heads, or Bins Bay, where there mere 61. Labour suffered the would be less nerve-racking heaviest reverse, its strength place to live in.

and event of naval hostilities, be point. That is that ships carry- are other pirates. being reduced from 287 at the national crises referred to above subjected to visit and search ing contraband--and it is for time it went into power to just would undergo the heaviest slump only in the Mediterranean and the League of Nations to declare holiday, however, requires careful

Red Seas and the vicinity of the what articles are considered consideration. over fifty. The Conservatives they have shown for years.

conditional There is, for instance, luggage Gulf of Aden, and in these elther absolute or won no fewer than 208 sents

localities only in those waters contrabund-to any port having to be packed, the Bat to be sub- from opponents, losing none previously "held, whilst Labour if the Government is not able to which lie outside the territorial any access to Italy or its colonies leased, and furniture to be stored. losses totalled 213, with no gains muster a majority over all other limits. The Suez Canal and its in Africa can be detained, and One must also come to some registered.

And then, if we stay away foo Since then, the factions combined. Britain's immediate approaches are pro- confiscated, in the event of the arrangement with his creditors. Government has lost a few scats reputation abroad would suffer tected both by being in Egyptian Prize Court finding that the

the staff. in bye-elections, but its strength severely from a change of Gov-territorial waters and by Article cargo was war material. This long, there might be a mutiny of juncture. 4 of the Convention of Constan- is due to the doctrine of "con- And, finally, fares and expenses is still unimpaired. It may be ernment

ure big consideration. expected that Labour will win There is small reason to think tinople, which forbids any act of tinuous voyage," by which the back quite a number of its lost that the elections will have any war in the canal or within three destination of the ship makes no- Anyway, what would it cost to

difference if it can be proved go to Macao for a day? seats, but it will be, surprising such result.

sen miles of its ports.

at this

"

This business of going for a

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