WET ROADS SWEPT DRY BY THIS QUICK-STOPPING TYRE!
YOU CAN
LIGHT A MATCH
ON ITS TRACK
Hero at last lain tyre, that automatically sweeps wat ronde dry-so dry in fact,
that after a quick stop you *
can actually Hight a match
-gn its tracks-convincing proof that the now Goodrich Life Savar Silvertown will stop you quicker, safor on wet pare. ments than you've over stopped before.
Not only that, those great new tyres give you the famous Golden Fly blowout protection and they dive you the pocket- book protection of many months of extra milles. You got double protection-against both skida and blowouts-nt no extra cost plus month of extra miles. Don't gamble. For ́safety tomorrow get Goodrich Silvertowns today!
Goodrich SAFETY Silvertow
IMPORTERS:
DODWELL & CO., LTD. Hongkong Bank Buliding
HONG KONG DISTRIBUTORS.
FOONG HONG 131, Hennessy Road,
KA
AMERICAN :
PRESIDENT LINES
TRANSPACIFIC and ROUND-WORLD SERVICES Next Sailings
UNITED STATES
Second and Third wook in August
For further particulars apply
AMERICAN PRESIDENT LINES
"ROUND-WORLD SERVICES” AGENTS FOR TRANSCONTINENTAL-&-WESTERN- AIR AND UNITED AIR LINES.
12 Pedder Street
NIAGARA FALLS
ROCKY MOUNTAINS
ALLURIMO ALASKA
DELUXE TRAINS
Telephone 28171-
Going on Leave?
SEE AMERICA
the Canadian Pacific Way
THE ACME
OF COMFORT FAST EXPRESS AIR-CONDI- TIONED TRAING-DAILY-THROUGH MAJESTIC CANADIAN ROCKIES- 000 MILES OF UNSURPASSED MOUNTAIN BOENERY, THEN ON TO TORONTO FOR A SIDE TRIP TO NIAGARA FALLS AND MON- TREAL AND QUEBEC, FRENCH SPEAKING OITIED ON THE ST. LAWRENDE.
STOPOVERS ALLOWED ANY- WHERE ENROUTE,
RATED-EMDARKATIONS-IN-
FORMATION
From Travel Agenclos
Canadian Pacific
WORLD'S GREATEST TRAVEL SYSTEM
“UNION BUILDINA
HONG KONG - TELEPHOME SOZER
Count the TELEGRAPHS"
~ everywhere
Friday,
HONGKONG TELEGRAPH
August 1, 1941.
"PREST-O-LITE CHINA'S MAJOR PROBLEM:
YOUR NEXT
BATTERY
"
Feeding its people is China's most pressing economic problem. On th'e solution to this
NO BETTER ASSURANCE OF problem future political
RELIABLE
SERVICE
Than the Expressed Satisfaction
Of Car Owners
TYPES AVAILABLE
(Dry, uncharged)
6 VOLTS—13 & 15 PLATES
12 VOLTS-7 PLATES
For further particulars, apply HONGKONG HOTEL
GARAGE
Phone 27778-9
ting it on the market. Ac- cording to a sample survey made recently by the Uni- versity of Nanking, 80 per cent. of agricultural pro- ducers are tenants or part
developments may well. We tenants Tenants pay most
hinge. Already econo-;
which the Government being issued every five of their crop-over 80 per mic maladjustment has planned to take, as outlined months.
cent. in the Chengtu Plain, produced far-reaching by the Director of the Na- Rice, however, led the 50 per cent. as an average— social and political con-tional Food Administration general price level last fall, as rent, and part of the rest sequences. In the in his, speech before the The reason seems to have as interest on loans (the opinion of many obser- People's Political Council, been the insufficiency of the survey found that the inter- vers, it was one of the seemed to neutral observers 1940 crop, particularly in est for three months was 26 Consequently prime factors which to indicate that perhaps a Szechwan. According to thePer cent.). conditioned the Central shortage of rice was the statistic of the Provincial they have little or no rice to Government, the crop of sell; in fact they are usually Government's decision root of the problem.
He proposed:
hulled rice in Szechwan, buyers themselves. to launch an attack on the Chinese Còm- 1. Adjustment of supply Kuomintang China's "key It is estimated that only economic area," was 45,000,-19 per cent. of rice pro- munists. Many see in with demand.
000 piculs, about half of the ducers, have rice for sale.
it one of the major 2. Promotion of consump- consumption requirements. Thus the landlord class has causes of the recent up-tion of cereal other surge of political repres-rice. Stubbs Road sion in China, pointing 3. Reduction of the
out that scarcity usual-ing of rice wine.
4. Increase in food ly brings policemen.
ACKNOWLEDGMENT
The Family of the
Mrs. Jate Guilhermina Leong Hing-kee ex-
friends and relatives for their
than
The Central Government's an excellent opportunity to estimate was more gener- hoard and profiteer; and if brew-ous: 88,000,000 piculs of un- no actual scarcity exists, to hulled rice, a deficit of about create one on the market. 50,000,000. Even if the sur-The problem is politically pluses of 1938 and 1939 complicated by the fact that (officially estimated at about the landlords are powerful- 5. Construction of irriga-23,000,000 piculs) were de-ly represented in the Kuo-
The food problem began duction. to grow serious about a year ago. Up till that time tion works.
press their deep gratitude to all expression of sympathy, floral the price of rice had been tribules and attendance at the
funeral. A High Requiem Mass will be celebrated at the Roman
Catholic Cathedral, Caine Road, on Saturday, 2nd August, 1941 at 7.30 am. All relatives and friends are cordially invited.
The
pro-
ducted, a large deficit would mintang, China's ruling
Season's Prospects
In November and Decem- remain. Of course rice re-party. fairly stable, at least in ber the Government made presents only about half of comparison with the prices serious attempts to halt the China's food supply. In part
of manufactured, goods which had been soaring ever since the fall of Can- ton and Hankow. Before
Hongkong Telegraph. the war a picul (133.33 lbs.)
Friday, Aug. 1, 1941.
Wyndham St.; Hongkong Telephone: 20015
By HUGH DEANE ·
who has observed conditions in war-torn China for a year and a half as correspondent of the "Christian Science Monitor"
While the crop prospects for this summer are report- ed to be fairly good, the food problem in the long run seems likely to grow in-
of rice in Chungking cost rise in food prices. Chiang the shortage of rice was creasingly serious. Torn by four years of war, beset
about $9.50. In the winter Kai-shek himself made a compensated by an increase with floods and drought, of 1939-40 it cost $17; in powerful speech attacking in the winter crops, wheat, forced to feed armies num- the "rapacious gentry" who corn and vegetables-and by bering millions, crippled
TILE preak "pecial to the Telegraph the summer, $30. Late in were hoarding the rice. In a general tightening of the
li used by the "Hongkong Telegraph" to
under the provisions of the Telecommuni»
indiente news which is strictly copyright the summer and throughout later weeks a few profiteers belt. cations Ordinance, 1938, Such new as the fall it rose as rapidly were even executed, includ-
bears the indication "12""" is received in
who
serve and forbid republications
arrangement
WAR'S BIG LESSON
and constrained by a primi- tive semi-feudal agrarian
tired rice fields are with
the United Treas Associations, for and dramatically as stocks ing Yuan Chuan-yu, a for- Localism Complication economic structure, China's either wholly or in part without previous fell in 1929, to $185. In De-mer mayor of Chengtu. A The food problem in growing difficulty providing. cember one saw rice queues number of hsien (district) China is complicated by the food for Chinese stomachs. in the streets of Chungking, magistrates were dismissed. localism of the economy, China's food problem is part The latest figures issued by lines of people holding bas- A series of new regulations which makes distribution of that of the whole of Asia. required the registration of difficult, and by the concen-Asiatic food production has kets and bags standing
rice holdings, set up an in-tration of rice stocks in a steadily shrunk, especially in England no longer exists. patiently along the curbs..
tricate system of licensing few hands. The high cost of since the Sino-Japanese war, Although recent Ministry re- Gendarmes, kept them in for rice dealers, projected transport (gasoline nowa factor which will intensify food surveys and set up costs about 23 Mexican dol-the strains now rending the _local_price_control commit-lars a gallon), together with continent.-.-.
the Ministry of Labour, show that the unemployment problem.
corda indicate there were 310,-line. 000 unemployed_in_the_middle of July, at least one-third of the male workless were unsuitable
for ordinary industrial work and the rest were moving from one job to another on the day
of the count. Of the women unemployed, one-third wore not
suitable for ordinary work, and
Rice Prices Current reports received tees. Sun Fo, son of Sun the general lack of roads, Indo-China, Siam and Yat-sen and President of makes shipment of rice, from China show that the Legislative Yuan, even ad-from an over-supplied to an stabilisation felt early invocated that the distribution insufficiently supplied area 1941 has not continued. In of rice be undertaken by difficult, and therefore Szechwan the price is re-the State..
ported to have reached $250 Profiteering Not Cause siderable surplus in order to
a picul, although in other
Burma have a normal an- nual surplus of 200 million piculs of rice, whereas Japan's deficit. alone is now China really requires a con-" 180 million. Japan may be.
'forced to drain an increas- insure a fairly even dis-ing amount of rice from many more had been registered
Central China, further dis- for less than four weeks. It is districts the price remains Actually the basis of last tribution. probable the next figures will considerably less. Between year's dramatic price rise
Even if an adequate locating Chinese agricul tural economy. In the val- show an even greater reduction, March and May the price at appears to have been a and that there will be no idle Kweilin, Capital of Kwang-combination of inflation and supply of rice exists, the leys of Central China the fact that almost all of it is Japanese and Chinese are workers except those who, for si, rose from $30 per picul scarcity, a scarcity on the
held by a few landlords battling for rice fields as one reason or another, are not to $96. In Kwangtung, a market if not in the ware- capable of being fitted into in-picul now costs $120, while houses. Profiteering was ad- brings the problem of get-well as for cities.
dustry.
in the mountainous regions mittedly rampant, but pro
This result has been achieved of 'the same province it has fiteering is an effect rather GRIN AND BEAR IT by the concentration of the nagone as high as $200. than a cause-profiteering
tion's productive power on the
task of winning the war. The In crowded Chungking can operate only on the same result was achieved in the the price for a picul of rice basis of scarcity. Such fac- war of 1914-18. After that has risen to as much as $400 tors as high cost of trans- war the unemployment problem to $500.
again became part of the "normal" life of the country, because no steps had been taken
to prevent it. That must not
port, poor distribution and hoarding are part of the
Shortage Crux? problem of scarcity on the
Government officials stead-market-they help to cause happen again after this conflict. fastly maintained that rice it.
expressed it: "Mass unemploy-
pence.
As the memorandum of "The was plentiful. They at- The extent of inflation Peace", submitted to the annual tributed the price rise to approximates the increase conference of the Labour Party high cost of transport, in the general price level. ment is intolerable in war; we maldistribution, profiteering The note issue was about must make it intolerable in and "psychological factors." six billion at the end of Distressed areas are in- But some of the measures 1940. To this must be add- compatible with a full war of-
ed the provincial notes in fort; the organisation which re- moves them for the purpose of kind must be rid of the fear of circulation, Japanese notes war must remove them for the war, and that there must be a and foreign currency in purpose of peace. Finance is determination to abolish want Chinese areas, Government the servant, and not the master, and to realise for every citizen bonds, bank loans and other of political policy in war time; an "equal claim upon the com- it must continue in that relation mon stock of welfare," Neither forms of credit, all of which when peace comes. In war our need the cynies boast of scoring are part of inflation. The great material resources are not a debating point by arguing that velocity of circulation is private empires to be adminis- the same ideals wore bandied also a factor. It is esti- tered for victory; they must be about during the last war, and mated that the total note similarly administered as Wo camo to nought. Not only turn from war to peace." Britain, but the entire world is and credit circulation was Not only Labour, but practic-to-day learning from bitter and about ten billion by 1941, ally all sections of the communi- unforgettable experience. the compared with 1.9 in June, ty-political, financial and so- necessity for a completo read- 1937. According to the cial in Britain have come to Justment of social, economic and manager of one of the four express these sentiments. The political foundations; this war, generally accepted formula for in fact, will make them Inevi: Government banks, a billion dollars' worth of notes is post-war Britain is that man- table.
By Lichty
"While you're fixing the displays, "pila' that golf stuff around tho. Prescription Counter-this time of year doctors usually prescribe a lot of golf!”!
Page 20Page 21