1926-01-22 — Page 6

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*

FRIDAY, JANUARY 22, 1926,

BRITAIN'S TRADE.

SIGNS OF IMPROVEMENT EVERYWHERE,

EFFECT OF GOLD STANDARD.

(British Wireless Service.)

TO CURE CANCER."

PROMOTION OF STRENUOUS.

"CAMPAIGN.

MONTREAL PROFESSOR'S RESOLVE:

(Reuter's Service.)

gold. All over the city, beautiful- ly shaped luminous bottles stand out from the black, background of night, and everywhere fiery ideo- grams shine out into the dark- ness,"

The Count is impressed with these ideograms. He be lieves that the high level of culture of the Chinese, as far as visible form is concerned, is due in large

Rugby, January 21... ·

Toronto, Jan. 21. measure to the existence of their

An optimistic view of the

Dr. Stephen Leacock, head of system of writing. The Intrinsic

Department of Political future was expressed by Mr the beauty of the ideogram uncon- Frederick C. Goodenough, who Economy at McGill University, selously educates their taste and presided at the annual meeting of Montreal, has determined to de- en this philosophising goes with a

Barclay's Bank (Oversens) Ltd. vote his fortune and pen to the senge of conviction not always He said that the position of the promotion of a strenuous cam- found in books. There is another

Dr. Leacock's resolve is due to

side to the picture. What struck National Debt was again impaign for the cure and prevention the Count (he was in Canton dur-proved. Deposits of people with of cancer, in co-operation with the ing an early revolution) "as parti- the banks had been well maintain- British Society for the Control of cularly repulsive in Canton is theed Bank loans had increased. Cancer. soulless machine-like quality of its and bank investments had been life and there follow comments reduced; and those movements the recent death in England of his gave some indication of improving ministration of Professor Blair wife, after an unsuccessful ad- to prove a comprehensive state-

There was leas un Belfs lead solution treatment. conditions. ment. I lookers-on-particular- ly philosophical lookers-on-see employment, and there were also most of what is going on-see the signs of improvement in British undercurrents-it is a duty that industry in many directions.

At the same time the balancing jectural and until later in the year their observations should be made krown as much as possible. There of certain Continental Budgets they must necessarily remain so. Past experience, however, has Nothing would please us better is in evidence in these volumes the and the readjustment of cur-

fact that the philosophical mind rencies upon a gold basis, had shown that later correction of than to see a strong; united China of a cultured man, has been touch resulted, or should result in an these first estimates usually re- with whom we could develop oured and roused to expressions of increase in the purchasing power sults in an increase of the amount trade along lines of joint benefit extreme interest and sympathy, of the countries concerned. and of favourable balance. Thus, last. Foreigners as well as Chinese and should produce an improvement in. and respect. We ask no special Japanese should learn much about British trade with the Continent, year the estimate of the net bal advantages beyond those our the two great countries of the Far The return to the gold standard ance in the nation's favour was £29,000,000. La July, that figure pioneer enterprise has won, and East, and come to see the mem- would assist in the regulation of was revised in the light of furthe bers of them, their culture, art prices at a level which would

information nud the balance be- we are ready to hold out the and customs, in an altogether new enable this country to compete came between forty and fifty helping hand to the first party in and favourable light. It is a pri- with other producing countries, million pounds. Subsequent in- China that promises to reduce vilege to be able; conscientiously, and there should be no question formation shows the Board of order out of chaos. Let the Can-to recommend for quiet and as to this country being able to Trade to fix the amount of thoughtful reading, "The Travel maintain a net favourable trade favourable balance for 1924 at balance or to avoid undue strain £68,000,000; and it is stated that upon the gold reserve.

make the next advance.

When

In

It seemed to him, therefore even that figure may be subject. to further adjustment; not, how- that one might regard the situa-ever of a substantial character. tion as becoming more sound, and one might feel that there was good ground for encouragement, especially when it was remember ed that Great Britain was only in the early stages of a recovery from the enormous financial strain of the war, of which she, perhaps, had borne the largest share.

GREAT HOPE,

Scope For Improvement. In a general review of the trade outlook, the "Board of Trade Journal" says: "There is to-day a general under-current, of con- fidence to which for some time we have been strangers and although the balance, of our international transactions at the end of 1925 is less favourable than it was a year ago, it is hot of a character such as in itself to render irapossible considerable improvement in our capacity for competing for export trade."

ton party remember that, and Diary of a Philosopher." remembering it, make the utmost endeavour to settle the miserable trouble that at present stranges

SLUMP IN COMMUNISM. the two sister ports of the South. Hongkong has don't all it can to

It has often been asserted of secure peace with honour for both late months that Communism, in sides, and it is now, "as our Gov-spite of the most energetic efforts ernment points out, for Canton to of the Moscow propagandists, cannot make any permanent im- pression on the Chinese. our neighbours make that next ad-that assertion the wish may vance they will not only be taking quite likely be father to the pa step that will end the losses both thought, for certainly it is im possible to conceive of some in- places are suffering today, but jury to the Chinese nation being they will also be showing they are caused in due course. However, worthy of being regarded as the if the Communists eventually fare no better in China than they ap-

London, January 21. CANTON'S CHANCE,

champions of a new and stronger pear to have done in Ko all

An optimistic view of Great China where peace and goodwill will be well. According the Britain's financial position way They say that the chief weapon will replace the existing strife and Seoul correspondent of thorth taken by Mr. F. C. Goodenough in The British are ready China Daily News," the cause of presiding at the annual meeting of the Soviet propaganda agent is enmity.

Communism in Korea is suffering of Barciay's Bank. He declared: to keep hammering away until a to do their part-they only await a slump. The Soviet propaganda that the position might be regard This note of optimism was also bureau in Peking has advised ed as improving, and there was sounded last night by the Chan- statement is accepted through the sign.

Moscow to discontinue subsidis-great hope for the future. He cellor of the Exchequer, Mr. constant repetition. The British

ing Korean Communistic bodies emphasised that the real strength are not by nature propagandists

on as large a scale as previously, of the country depended on in whilst numbers of Koreans have i

Hongkong. Friday, January 22, 1926.

bet they might well take a leaf out-

CANTON TINTS.

Real Strength of the Country,

(Reuter's Service.)

"BRIGHTENING HOPE

Prosperity on Threshold,

Winston Churchill in a speech at Leeds. He was sure that there was. undoubted though slight and slow improvement in the indus.

The world was now peaceful trial and commercial outlook.

From Harvests had beer good. many quarters came reports that Unem- Mr. Goodenough suggested that trade was on the mend.

have no need, as the Russians novel gave place to the one way, in Communist history! Pro-es, which was the key to our

Freudian..

noticeable in travel bocks. The

ed or used as waste paper.

heavy. Stella Benson's "The

the Communist Committees.

Budget Hint.

of the Russian book in this re- Fashions in books, like those in seceded on account of dissatisfac-dividual saving, and it was in that spect; not, of course, for the dress, change with the passing tion with the money-grabbing Way only that we would be able spreading of false reports we days, although not with the same proclivities of Communist Com-to invest money abroad for the Į rapidity. The three-volume mittees no new charge, by the development of the Empire over-

printed in prosperity in the future. have, to do that but simply for volume. The happy ending gave paganda material, driving home certain facts which place to the unhappy, or, as it has Korea and Japanese, was never the British and American trea-ployment had, apart from the are so obvious that they are apt often heen called, the artistic end-distributed, but promptly destroysuries, the Bank of England, and coal industry, lessened in spite of

Ling. Straightforward stories

the Federal Reserve Banks the continually increasing popula-- to receive less attention than have somewhat disappeared, and Again, at the time of the great should co-operate so as to avoid a tion of the wage earners. Nono they deserve. The chief of these the

floods in Korea, one instalment introspective,

a too rapid August. There was nothing but facts is that the British are a analytical variety have taken their of 200,000 yen was received by the Do rapid release of American of these conditions was present in

Korean Communist bodies; but, surplus gold or trading race. The story of how place. The change is more than instead of the flood victims receiv- deflation such as would result gloom then; and now there was from unwise competition for brightening and broadening hope. our great Empire came to be built old-time laboured description has ing the full quota, the greater available supplies. He expressed Prosperity, that errant daughter up is one long narrative of trad-given place to something leas portion went into the pockets of the opinion that it would most of the household who went astray ing success. The jibe that we are

Little World is a case in point. "Acting on information received" probable be found necessary to in the Great War, was now on our

economise in the use of gold, even threshold. a nation of shopkeepers is not re- Here, the deftness of a born the Japanese Police arrested a serted but accepted as a tribute artist, has given us difforgettable Korean who, with others, had re- after the gold now in the United the places of the ceived money from the Soviet States was fully distributed.owing great national instinct. pictures of Had it not been for that instinet earth worth seeing. Perhaps the Government, out of which 20,000 to the greater volume of credit strangest of this new vogue in yen had been plased to the credit and the higher level of prices com- our Empire would never have travel books, is "The Travel Diary of his own personal barking Pared with before the war.

Until therefore, the reached its present power, per- of a Philosopher" by Count account.

Koreans are in a position to "ob- APPARENT ADVERSE BALANCE haps never have come into being Hermann Keyserling, in at all; or if that does less than volumes. This surely strikes out serve Soviet plans both in the

We are on original lines.

letter and spirit," Moscow is to be justice to our courage in battle, overburned with descriptive sen- strongly recommended to stop all Naturally the Soviet would certainly have shared the tences as to the scenery of a parti- fate of the great empires of the cular country. Just sufficient to will cast the blame on individuals, make repudiating any suggestion that past. The talk about Imperialism what the appetite and to

those who know the place referred the delinquents were really Com- is so much nonsense. Certainly we to, agree heartily. "There is munistic at heart; but the damage have our jingoes, as has every grandeur in Japan after, al," to their "cause" has been done, to balance of payments for the past the great disparagement of Com- year are contained in the "Board other nabion under the sun; but writes the Count.

munismo, and henceforth Korea of Trade Journal" to-day. The of Nikko with its steep rocks, its will be wiped off the Soviet map broad conclusion arrived at is He emphasised the need for they are a noisy minority who re-foaming waterfalls, its gigana How long it will take to erase that for the year 1925, Britain's | rational economy and declared"

to our

two

not

"The scenery

subsidies.

to answer!

for

DISCOUNTED.

When Figures Talk.

(British Wireless Service.)

Rugby, January 21 Some estimates of Britain's

$28,000,000.

The Chancellor of the Exche-

quer, in his last night's apeech, definitely countered the sugges-

tions that the national Budget Estimates for the current year's income were likely to fall below the amount anticipated. He said that he khew of no reason to sup- pose any such thing; and that, on the contrary, he thought it quite possible and even probable that. unless some absolutely new and unforeseen event should occur, the Budget-Estimates would work out with even more than their usust accuracy.

Need For Economy.

figures show a favourable balance, that the Government was making representing income available a great effort to curb expenditure investment overseas of in every branch of national activity; and stated that when Trade returns for last year Parliament met the Economy Bill showed that there was an excess would be presented to the House of imports over merchandise and of Commons, making certain bullion amounting to £386,000,000; legislative changes which were an and this, together with the indispensable part of such pre- amount which represented an posals. excess of Government payments made overseas, brought

present nobody but themselves.fir-trees and cryptomeriais,

China's name therefrom The fact that they are always grund; and it produces this effect another matter, which can better bleating about "the country going above all because it supplies a

frame for a singularly powerful be left to the Chinese, themselves to the dogs," when the national manifestation of humanity. Ob- stamina Was never stronger servations of this nature abound, than it is today and the national and more often than not "they confidence never surer, showe how lead to disquisitions of a philoso-

THEY SAY THAT...... phical nature which fure the little they really count as against reader on all forgetful of time. Few people know how to breathe. the vast majority of our people. We get little of the physical-Dr. R. D.. Mackintosh, The British as a whole, whatever nature of Canton, but a lot that opens up the way to a know- their success in the field of war ledge, not merely of the Canten minutes. Mr. E. T. Campbell, apparent, adverse balance and the world of culture, are atoness, but of Chinese generally. trading race. All they want is There is nothing in this engaging If I am an obstacle to Liberal peace to pursue the national call-chapter on the southern metro-unity, I am prepared to retire.

polis that brings in the bund, the Mr. Lloyd George.

An argument can be stated in

M.P.

£401,000,000.

More Favourable.

an

of

SOME COMPARISONS.

Fresh Overseas Investments.

(Reuter's Service.)

The Board of Trade's estimates now published are concerned with so-called exports for 1925, includ-

London, January 21. ing and their entire foreign policy pagodas, or the things that.

We do not choose our perfecting various services such as ship- Notwithstanding the apparent is based on that great desire, | ordinarily interest people. The Once this fact is grasped by other Count is clear in a statement of moments; they choose usMr. ping, banking, and income from heavy adverse balance revealed in

overseas investment. Lascelles Abercrombie.

They the past few months, the foreign nations, and we have in mind to-swid of it, this town is beautiful." his opinion.. "Whatever may be

amount in the aggregate to trade statistics for Great Britain What the members of most po 429,000,000 so that the apparent inat year actually had a favour- day the Chinese, the mischievous At once the mind sets out to confessions need is not less advertise adverse balance is converted into able balance of £28,000,000, after efforts being made in certain test such a piece of dogmatimnment, but more of itMI Robert estimated favourable balanca, allowing for invisible exportare quarters to enshroud our actions But the author prevails, "The Lynd

of £28,000,000, If there had been a Walter Scott and motives with suspicion and unheard of beauty of form and

colour of the streets and byways in Ireland there would have been bitterness will be sceh for what of Ganton impresses me more and they are worth. The charge that more; the most exquisite culture no Boundary Commission-Mr.

Baldwin. we would reduce China to the of the senses speaks from all the life of adventure, with all |-status of a ̈“semi-colony" term down in particular the town has uncertainties and perila, make disappear nider the healing and sooth-} year, totalled £88,000,000 con-

manifestations" pr."After sun.

once very popular in Caxton- the effect of fairyland, like du no special appeal to the averag therefore fall to the ground. immense symphony in black and women Lord Danesfort.

+

The figures are admittedly con TRY THIS FOR YOUR COUGH. A nervous hacking cough cannot be cured by glass of water, but it will

According to a provisional estimate in the "Board of Trade Journal," this compares, with £68,000,000 in 1924 and £185,000,000 in 1923

Fresh overseas Investments last

ings affects of Chamberlain's Cough | trasted with £184,000,000, în 1924 Remedy. Every user la aŭ friend.../

and £186,000,000 In 1928

is for sale everywhere.