1930-05-07 — Page 6

THE CHINA

MAIL.

A PHILOSOPHER WHITEAWAYS

is a man who

can look at

an empty glass

with a SMILE-

after

Dewar's

A. S. WATSON & CO., LTD.

BELLO

365 SHAVES-

with the SAME BLADE

-and still going strong

YES!! If you possess a “BELLO.”

Think of it!! 365 keen, cool shares a year and not one penny extra for Blades during the whole time. That's what the advent of the “ BELLO" Stropping Machine will make possible for you.

A few turns of the handle and your blade is ready— ready with the keenest cutting edge that steel ean Lake.

NO MORE BLADES TO BUY.

The Sincere Co., Ltd,

The Wing On Co., Ltd.,

Obtainable at:

The Pharmacy,

The Queen's Dispensary.

S. L. M. Sheriff, 2, Wing Lok Bldg., Nathan Road.

Sole Distributors:

NOX - ALL TRADING COMPANY,

10. Queen's Road, Central

Hikk

DRESSES, SUITS, COATS AND HATS

ALL CLEANED_BY

THE INTERNATIONAL DRY CLEANING & DYEING CO.

19, Wyndham St Hong Kong.

143, Wong Nei Chung Road,

Happy Valley.

36, Nathan Road, Kowloon.

"Save it" with

The little you pay for Ics will". be more than repaid in the food it "savET from spoiling..!

COLD-FACTS

#

NO. 2

"I AM A

73, Caine Road, Hong Kong.

BLOCK

OF ICE"

Today I am a necessity the means of saving millions of dollars in food and thousands of lives each by keeping foodstuffs at tempera- ture that defies germs and preserves freshness.

I am the result of a complicated process of manufacture. But you get me at a minimum of cost and effort.

I will serve you in a hundred ways -add to your comfort and safe- guard your health.

I am true economy.

I am a block of ice."

I CANNOT GET OUT OF ORDER.

DEPEND ON

ICE

kall weather FOR PURE ICE.

_CONVERTIBLE_BABY CHAIRS

The

THE

W

BRAND

GLADSUM

BABY...

CHAIR

ONE OF WHITEAWAY'S STANDARD VALUES,

THE “GLADSUM” BABY CHAIR.

Made of well-seasoned wood. Extremely well bullt. Suitable for a child up to four years old. Adapt- able to either, of the two positions. Polished dark Walnut.

NOTE

OUR

PRICE

$13.50

FIRST FLOOR SHOWROOMS

WHITEAWAY, LAIDLAW & CO., LTD.

HONG KONG.

The China Mail.

[Every evening except Sunday. Annual subscription, excluding postage abroad, H.K. $36, payable in advance, Local delivery free.]

ties.

2/Lieut. - D.-Metcalfe, 2/18 Punjab Regiment, arrived in Hong Keng from India by the 8.8., Tilawa,

Mr. P. G. Harrison, of Empress Lodge, reported to the Polleo yea- terday that gold watch-chain valued at $15 was stolen from his room between 9 o'clock on April 30 and 10 o'clock yesterday morning.

The first annual dance of the Royal Corps of Signals will be held on the tonnis courts, weather per mitting, at Whitfield Barracks, on Saturday evening, commencing at 8 o'clock. Admission le by invitation, and the music. will be supplied by the Astral Dance Band.

Mr. R. Karamchaud, manager of the O. K. Gidemull, Watamuli Co., 16 Wyndham Street, has reported to the Police that at noon yesterday he entrusted $200 to an Anglo-Indian clerk to pay freight to the Dollar Line. He allegea that the clerk has absconded with the money.

Described as a serious case by Mr. J. J. Hirst of the Botanical and Forestry Department, two Hakka women were at the Kowloon Magia tracy this morning fined $25 or three weeks' hard labour when they plead ed gulity to cutting down growing pine trees at Diamond Hill.

Mrs. S. Nelson, of 15A Jordan Road has reported to the Water Police Station, that last evening, while she was sitting on a sent in the children's playground, Chatham Road, she lost, or had stolen, a leather handbag, which contained $20, a bunch of keys, and a vanity outfit.

He

WEDNESDAY, MAY 7, 1930.

W

STABILISATION

THE DOLLAR

OF

PRESENT CURRENCY AN ADVANTAGE TO TRADE,

PREMIUM ON NOTES.

A

Mr. Shaw's Views.

move instability of exchange as af- facting her transit trade as long (48 between the ultimate Countries of origin and destination no stabi- lity exists, but it was at least ad- visable for Hong Kong to have a currency which would not intro- duce additional instabilities or un- certainty. She should therefore have a currency atable either with More evidence in connection with regard to the gold countries, with the local zurrency problem was which she deals or with regard to taken at a meeting of the Currency China, and at present she attained Committee held on May 1, accord- neither of these desiderata. There ing to a communique received by were further disadvantage in the the China Mail. Mr. T. H. R. Shay, present currency in connection manager in Hong Kong of Mesara, with the payment of administrative Butterfeld and Swire,Ltd., and expenses out of a silver' revenue, Professor R. Robertson, M.A., of and where individuals and institu- Houg Kong University, gave their tions have to meet sterling ex- views; the former expressing the penses out of dollar incomes. opinion that the present currency In the Professor's opinion a is the most advantageous for the fluctuating or uncertain premium trade of the Colony. The latter was detrimental to trade and proa- thought otherwise, but they are perity; but an unvarying premium both of the opinion that the local was not necessarily so, as it would dollar should be stabilised.

at least remove one source of un- certainty. The higher real cost of In Mr. Shaw's opinion the pre-shipping and other services entail- sent currency is the most advantage-ed by Hong Kong might not be a ous for the trade of the Colony in handicap to her with her competi- view of the currency prevailing in tors, as prices must the long run China. The unsatisfactory fea-adjust themselves to purchasing tures of the present currency are power. Fluctuation would how- the fluctuations to which silver gen- evor prevent such adjustment. erally is liable and the fluctuating

Our Transit Trade. premium on the. bank note over Professor Robertson did not silver parity. The remedy he think the linking of the currency thought was to get rid of this file with silver was on a balance of ad- tuating premium and attain silver vantage and disadvantage good for parity and, provided China did the the Colony. He thought it could same thing, to stabilise the sterling be argued that there is an anomaly value of the silver dollar. The pre- in setting up a British administra- mium is detrimental to prosperity tion and judicial and other in- and might be controlled by a freer stitutions both public and private circulation of, legitimate silver and which contribute to a secure and by Government legislating to make sound social community, and at the it an offence to charge a premium. same time hesitate to introduce a There is in his opinion no scarcity stable currency, on the assumption of silver but it is not circulating that it would destroy our transit as freely as notes because of the trade. By adopting a stable premium on the latter. To stabi- standard with reference to gold lise the value of the dollar is de- the advantages and disadvantages sirable, but he did not think any of any movement in silver would be steps should be taken to that end transferred wholly to the Chinese unless there was concurrent simi- side, though in the matter of ex- ports of "invisible" services Hong Professor Robertson, to whom Kong would be handicapped on a the Committee is greatly indebted falling price of silver in competi- for a well-considered memorandum tion with Shanghai. We should covering the various questions at not lay too much emphasis on the Issue, thought that a pronounced mere mechanism of exchange as disparity between the unit of those seem to do who think that to Hong Kong currency and silver divorce the currency from silver parity could not have appeared had would drive away the Colony's coins continued to circulate freely trade. If a gold standard were and had there been no impediment adopted exchange mechanism to the inflow and outflow of silver would be wholly altered and much dollars. By a convention the notes exchange business now transacted: of the issuing banks became the would cease, but he thought that recognised money of account and the trade of Hong Kong rested on

circulate.

coincidence of its currency with If silver fell the note lagged, that of China and that its natural though till the summer of 1929 advantages as an entrepot in ad- the premium even if it fluctuated dition to the settled conditions and did not become unmanageable; but secure, administrative and judicial after that time for whatever cause machinery to be found here would it threatened to become a totally prevent the disastrous effects fear- incalculable factor till action was ed. taken for the re-admission of silver dollars into free circluation.

China Mail, and the Portuguese Minister in Peking has also most The London Gazette notifies the probably been kept as much in promotion of Lieut. J. G. MacKellar, the dark by the Nanking authori-Argyll and Sutherland Highlanders,

to Captain, as from March 1, Cap-ar action in China. tain MacKellar was gazetted The Portuguese Colony of 2/Lieutenant, Argyll and Suther Bverland China Mail. Macao consists of the peninsula land Highlanders, on August 21, of Macao in the delta of the 1918, and was promoted Lieutenant Canton River and the islands of on February 21, 1920.

employed with the West African Taipa and Colowan. The Portu- Frontier Forte from 1922 to 1925, guese also claim the island of being appointed Temporary Captain Macarira or St. John, off the east on March 29 in the latter year. |ern coast of Lappa facing Macao,, and the northern part of Wong- kan. The occupation of the peninsula by the Portuguese dates MASTER DANENBERG dollars ceased to be accepted or to other foundations than

[The weekly edition of the "China Mall" Annual subscription, H.K. ̧ $13 including postage $15, pay-" able in advance.]

Published by

The Newspaper Enterprise, Ltd.

Printers & Publishers,

No. 8A, WYNDHAM STREET, HONG KONG

TELEPHONES-

Business Office: 20022. Editorial Department: 24841. Cable Address:--Mall, Hong Kong.

All communications should be addressed to the Newspaper En- terprise, Ltd., to whom all remit- tances should be made payable,

London Offices:-The Far East- ern Advertising Ageney (London), Ltd., 36-38, Southampton Street, Strand, W.C.2.

from 1557 but there were con stant disputes regarding the ex-" tent of Portuguese, furisdiction, and it was only in 1887 that Portugal's sovereign rights were | formally recognised by China.: As mentioned briefly in the China Mail yesterday the treaty of 1887 was made on the following basis:-

(1) China confirmed perpetual

WAS

Successful Recital in Los Angeles.

"A GIFTED LAD."

A recent copy of the Pacific Const Musician, published in Los

Angeles, contains an interesting

Opposite Views.

Position in China.

1 mere

If there were a possibility of China stabilising her currency in Professor Robertson thought that the near future he would not be

the present currency want is inclined to advocate stabilisation

Hong Kong, Wednesday, May 7, 1930. Occupation and government of/notice of s piano recital by Master advantageous to the 'trade of the for Hong Kong at once, but rather

MACAO'S FUTURE.

Macao and its dependency by Portugal;

(2) Portugal engaged never to alienate Macao and its depen dencies without the consent of China;

(3) Portugal engaged to co- operate in opium revenue work at Macao in the same way as Great Britain at Hong Kong.

It is not supposed that "any- body in the Colony or Macao, took seriously the news published in the China Mail yesterday through the Canton News Agency that the Ministry of Foreign Affairs in Nanking has received. The formal treaty was signed in the same year, and arrange- a despatch from the Secretariat

ments were made whereby.. the of the Central Executive Com-: mittee, instructing it to make the able to collect duties on vessela Chinese Imperial Customs were necessary preparations for the re-

trading with Macao in the same trocession of Kwangchouwan and Macao from the French and way as they had already arranged for their collection in the British Portuguese Governments, respec- tively. There have been frequent Colony of Hong Kong. There has suggestions in recent years in since been constant disputes be certain sections of Chinese news-tween the Chinese and the Portu- papers and journals in Canton re- guese, and the question of the de garding the possibility of China limitation of the boundaries of one day demanding the retroces the Colony of Macao has never been really settled. This notwith- Bion of Macao., Having regard:

to the type of journal in which standing the Chinese have all these suggestions were published, sovereign rights

along

recognised Portugal's they were invariably passed over with

over Macao

silent contempt. This until, as stated above, unofficial treatment, however, can hardly be suggestions were published In a accorded to a plain statement peculiar type of Chinese journal. emanating through a semi-officialism for the rendition of the Col- ony. It is now probable, that the news agency, even although there may be, scepticiam regarding its

Buccesses that have attended the outcome. It is one thing for the tigh Concession in Hankow and Chinese-in. regard to the Bri- Secretariat of the Central Execu-Wel-hai-wel haye inspired them tive Committee of the Nanking to look further afield. But they Government to instruct the Minis try of Foreign Affairs to make may find the foreign policy of make Portugal and France not quite so the necessary preparations for the sentimental and weak-kneed as and the British and their sighs for It is quite & Macao and Kwangchouwan may to expect

be heaved in vain. rally obeyed and

of Macao

Kwa dif

an.

to be

ews in Brief.

to-morro In the first place would not surprise

that

Major

The Dairy Farm Ice & Cold Storage Co., Ltd. even the Governor of

nothing of the contemplated mo

for retrocession until he read his Manti

Emil Charles Darienberg, son of Professor Emil Danenberg, lately a resident of Hong Kong.

The recital was given at the Beaux Arts Auditorium, in Los Angeles, and the journal says:

colony insofar as the minds of a closer linking with silver in the merchants must always be in un- meanwhile. But in view of the un- certainty because of rising and certainty of stabilization in China that the trade of Hong Kong is a falling exchanges. It was true and of the undoubted disadvan- preponderatingly transit trade and of having an uncertain aterling thus it was out of her power to re- tion of stabilisation should be dis- rate, he did not think that the ques

Danehberg Recital.

I wolve-year-old Emil Charles Danenberg, gave, hie" seventh annual piano recital, Wednesday evening, before a fair-sized audience that expressed admiring appreciation of the gifted dad's perform Ance. While one perhaps may question this advisability of so young an artists (and the boy is an artiste of great potentiality) assuming the task of interpreting programme of such imposing character Imposing a depth and in technical demands neverthelessione dis cerns through his playing a remarkable musical mind for one of his years, also, as technical grasp, surety and firmness of tone, and senso of artistry that might well be the envy of ma

many? a professional performer

Enell Danenberg

of máturę Fever 15 father,

Mater Danenberg, pupil of his was heard in the heroic Organ Fantasie and Fugue in G Minor of Bach, Chopin n Ballade dinɛ A Flat, Rachmaninoff's Prelude jín. Daaro List's Eleventh Rhapsody, and the same composer a Ptudo in FX Minor also, lu Dreams Debatey, Ravel and Schulkort number Segwith his father, at the mand plano, he played, brilliantly, Eaint

Hopson Beethoven, theme, and the Strauss Charing

tages fa certain colonial interests

missed as unthinkable.

Professor Robertson replied to numerous questions put to him by Of members of the Committee. interest were his views that under stabilisation, éxchange business and the profits on it would dopart from Hong Kong but the goods will still pass through the Colony; and that in present circumstances, there was as far as he could see no benefit to be attained by transferring, the rote issue from the present banks to a Government bank, provided the present issuing banke could lusuo up to the requirements.

The committee expressed its thanks to Mr. Shaw and Professor Robertson for their attendance.

Ten Years Ago

[From the "China Mail,” May 7, 1920.)

To-day's dollar is worth 14/%d.

The 8.8. Szechuen built by the Taikoo Dockyard and Engineør- ing Company to the order of the China. Navigation Company, was successfully launched this morn ing, the christening ceremony be- ing performed by Lady Stubbs.

The vessel, the fourth of the China Navigation Company's well- knowd"S" clans to be built at Taikoo, is 820 feet long, 41 feet beam and 24 feet 9 inches mould-- ed depth, with a gross tonnage, of 2,600 tons.

The-machinery consists of one set of triple-expansion surface condensing engines, having cylin dere

Inches and 66 inches in

In the course of her, speech, Lady

the Sze hot only the first ship aunched, but it was in. first ship the saw