1931-02-16 — Page 11

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MONDAY, FEBRUARY 16, 1931.

STABILISATION OF SILVER

White Metal to Be Put at an Unfixed Ratio to Gold? |

EXPERT'S SUGGESTION.

Would Loan to China Be Beneficial?

THE CHINA MAIL.

VOLUNTEER CORPS ROUND THE CINEMAS

ORDERS FOR THE COMING- WEEK.

PARADES.

Volunteer Defence Corps Orders issued by Lieut.-Col. L. G. Bird, D.S.O., O.B.E., Commandant, state

Parades.

Mr. Francis H. Brownell, Chairman of the American Smelting

Corps Band. There will be a Band, Fractice at Headquarters at and Refining Company, has just disclosed in New York a plan for 5,80 p.m., sharp, on Monday, 16th improving world trade by informally stabilising silver at an un- February and Thursday, 19th fixed ratio to gold, to which end, he urges an informal understand-February.

Battery.

ini between the United States, Great Britain (including India), Layers as detailed will parade at France (including Indo-China) and as many other governments as Gun Club Hill at 5.80 p.m. on possible, that no sale will be made, for a state period, of any sliver parade at Headquarters at 5.30 pm. Thursday. February 19 Remairder owned by the respective Governments at less than a stipulated price, on Thursday, February 19 for map without involving the question of by-metalism or other highly con-reading, range taking, etc. troversial subjects.

FURTHER DEPRECIATION.

Meanwhile states the Shanghat Times, the battle of the silver loan to China continue, in full force. Facing the decfuration of the American Chamber of Commerce, Shanghai, that such a loan

18

fundamentally unsound and would result in the further depreciation of silver, comes An announcement from Mr. Hu an-min, Chairman of the Legislative Yuan, Nanking, to the effect that a loan as proposed would prove distinctly beneficial to China. His unqualified declara- tion according to a telegram from the capital, has created sensation there. The proposed loan will total

100,000,000 bunces of the white metal, bearing interest at two per cent. per annum, with n re- demption period of 50 years. Mr. Fu's statement created a stir in local finuneinl círcles.

To Improve Trade.

New York, Jan. 19.

A plan for improving world trade by informally stabilizing eilver at an unfixed ratio to gold has been made public by the author

of the plan. Francis H. Brownell,

www.

"When you were in Europe did you visit France and Germany 7"

"What? Where my wife could not talk to anyone hut mo? Not likely Bulletin, Sydney.

Chairman of the American Smelt- ing and Refining Company,

Mr. Brownell proposes, firstly, an informal understanding between the United States, Great Britain (in- clading India), France (Including Indo-China) and as many other Governments as possible, that no sale will be made, for a stated period, of any silver owned by the respective Governments at leas thon a axed price, for example 50 centa per ounce; secondly, an understan- ding that the Governments pur chase the amount of silver they are now authorised to acquire for sub. sidiary coinage whenever tho market price is under the agreed price; and thirdly, an agreement to the effect that the Governments,

COTTON SPINNING. NOVELTY.

Extensive Claims by Preston Men.

|

A new process of cotton aplaning has been invented by two Preston men, which, if it justifies all the claims made for it, will bring about great changes in the methods em ployed. Up to the present fine yarns have always had to ha apun on' mules, For many years new mathods have been developed for.

particularly that of India, may sell Government-owned silver whenever the price is more than, for example, five cents above the accepted quata

tion.

India's Adherence Vital, Mr. Brownell continues: necessary for

Engineer Company.

4

Monday, February 16, Miniature Range shoot at 5.80 p.m. Classifica- tien (Rifle) Part II will be fired at Stonecutters Range on Sunday,

March 1 and a Company Shoot will be rua consequently, particulars of which will be published later. The second D. L. training camp will be held at Lyeemun on the 20th, 2:st and 22nd of this month and all

De-

each

"

"GOOD NEWS - FIRST SCREENING IN COLONY.

COLLEGE LIFE.

NEW ADVERTISEMENTS.

THE HONG KONG LAND INVESTMENT & AGENCY

CO., LTD.

URING the Absence of the

Dundersigned MR. II. A.

By Order of the Board of Directors,

A new dance, the 'Varsity RODGERS will act as Secretary to Drag, is an outstanding feature the Company. of Metro Goldwyn-Mayer's talkie success "Good News" which is thei feature attraction in the Queen's Theatre till Wednesday. It is a lively college prodaction, and con- tains a variety of entertainment, which is worth seeing., ..

L. S. GREENHILL, - Secretary.

Hong Kong, 16th February, 1931.

PENINSULA HOTEL. FRIDAY, FEBRUARY 20, 1931. FRIDAY, FEBRUARY 27, 1931.

Headed by sweet Bessie Love. the cast has been well chosen, and it includes Mary Lawlor, Stanley Smith, Cliff Edwards (Ukelele Jackson, Denmar Daves, Billy Patrons are notified that no Dinner Ike), Gus Shy, Lola Lane, Thomas Taft, Frank McGlynn and Dorotny Dance will be held at the above McNulty. The story is what enn only be expected from films deal Hotel on Friday, February 20, ing with college romances of 1931 and Friday, February 27, co-educationalists and their "boy-1931. do the Varsity Drag, with a friends." Miss McNulty and Taft pretty ensemble of collegians.

Contained in this entertaining picture, are several snappy song hits, and Cliff Edwards again de lights with his comedy. Gus Shy. in the role of Bobby, is a clover player.

ranks, who wish to attend, are re- Preceding the attraction, there tisquested to send in their names at is shown a Hearst Newsreel, in India to agree to once. They are reminded that camp which one hears G. K. Chesterton, the plan, as that country is most is essential to become efficient for the famous writer, speak. A visit likely to sell Government-owned the current training season, silver in

Japan taile for camp will be sent to and China should also be consult man attending. ed and tied to the agreement, and} probably also Spain, which is per haps, the most potential seller of silver."

the near future.

to the Holy Land is featured in the reel. An all-barkie comedy, "Hot Dog" is excellent, whilst Corps Signala,

Vincent Lopez completes the pro- Parades will be held at Corps gramme with three Jazzy num- Headquarters at 5.30 p.m. onbers on a piano. Friday, February 20.

Machine Gun Troep.

Mounted parade on Monday, February 16, at Headquarters at 5.30 p.m. for Driving Instruction. Motor Cycle Section: There willi be a parade at Headquarters at 5.15 p.m. on Monday, February 16. for

Machine Gun Company.

KURDISH REVOLT.

TENSION BETWEEN TURKEY AND PERSIA,

The plan proposes." Mr Brownell adds, "the formation of a commercial union such as is form ad in times of panic to protect the securities market. It will test the theory that the Eastern trade is malarially influenced by the price of silver: it will tend to steady

Angora, Dec. 19. silver prices until the present com- Machine Gun Instruction.

Government cuarters are indig- mérlat crisis has passed; it will

nant at the reports from Teheran postpone, or mitigate, gold with.

There will be no purade on Tues-that the Feralan Government has drawals by the East from Europe.day, February 17. M. G. Course: released a number of Kurd leaders Fundamentally, the plan is direct- Part 11:-No. 2 Platoon will fre who took a prominent part in the ed towards the restoration of trade this course at Stonecutters on Sm-raids by Kurdish tribesmen into in silver-using countries. The plan

Turkish territory. The release is does not raise the question of bi2/Lieut. D. M. Richards,

day, February 15. Range Officer.

characterised, as an unfriendly act metallism and avoids all highly con-leaves Queen's Pier at 9 a.m. and and Turco-Persian tension is once troversial subjects."

моте Increasing. It is oficially announced that the Ministry of War has instructed frontier guards to deal summarily with any attempt on the part of Kurds to cross the frontier and if necessary to pursue them Into Persian territory.

Question Of Initiative

be worn.

Launch

Kowloon Police Pier at 9.10 am. Uniform or Mufti optional, at Mr. Brownell believes that the belts, pouches and Bayonets must Initiative for, the proposed move- ment should come from Britain or the United States. The Unitel

Scottish Company. States should be anxious to effect Parade, Thursday, February 19, the desired result, since Its trade Sqaüd drill with Arms. No. 7 with China and Mexico and other Platoon at Headquarters 5.30 pm.: eifver-using countries has been under Captain H. R. Forsyth. greatly lessened. Mr. Brownell Belts and Bayonets will be wom. asks: "Why, then, should not the No. 6 Platoon at Kowloon Dork United States act immediately in under Lieut.. A Duncan, M.E.E. Informally ascertaining the attitude Belts and bayonets will be worn. of the British Government and in co-operating for the purpose of bringing to some conclusion All effort to stabilize silver so far as present laws permit?"

4

STRAY CATS OF TRAJAN'S- FORUM.

the

THE HONG KONG & SHANGRAI HOTELS, LTD.

SHADOWS BEFORE

COMING EVENTS ANNOUNCED

IN CHINA MAIL.

Social Functions.

To-day Tea Dance at Hong Kong Hotel, 4.30 p.m.

To-day Dinner Dance at. Hong Kong Hotel, 3 p.m.

To-day-Rugby Interport Dinner Dance at Peninsula Hotel.

Entertainments. To-day Queen's "Good News."

To-day- Central "The Love Parade."

To-day — Majestic "Mississippi Gambler"

To-day "Jack & The Beanalak."

Today World "The Little Adventuress."

Theatre

Theatre

Theatre;

Star Theatre.

Theatre,

Home Malls. To-day-inward from Europe viz Siberia (Patroclus). Outward for Europe via Suez (Patroclus), 2.30 p.m.; via Victoria, B.C. (Pres. Jefferson) 5 p.ra. sad via Biberia (6 p.m.).

Sporla

Seo Diary on page 8.

Meeting.

FRENCH COLONIES.

Rome, Dec. 19.

March 5 Annual meeting of The stray cats of Trajan's Forum, also known as the Cats H.K., Canton & Macao Steamboat Portuguese Company. Forum, are to be banished from Co., Ltd., Queen's Building, 11 a.m.

Miscellaneous. Parades on Friday, February 20,|their traditional refuge. For many Nos. 9, 10, 11 and 12 Platoons will years, the stray and unwanted cats

Wednesday H.M.S. Cumberland, parade under Platoon Arrange of Rome have enjoyed a prescrip- Chief Petty Officer's Dance in R. E. Peking Opinion.

ments, No. 12A Platoon will pawde live right to shelter In the grasa Theatro. Peking. Jan, 20.

at Miniature Range for Musketry. gŋown Forum of Trajan Ilving on The Chinese papers here are now The Kennedy Range is allotted to the charity of the householders and showing much interest in silver and the Company on Friday, February shop-keepers surrounding are publishing the alleged term of 20. The Peak Range is allotted to place.

Romans who have wanted to get & $1,000,000,000 allver Joan from the Company on Sunday, February the United States

No. 12A Platoon will be rid of their cats have deposited which, they 22. state, will be lent at two per cent. allotted this date. Firing will be them in the Forum where, on an Interest and will be redeemabla in commmenced at 9 a.m., sharp. average, about 80 or 100 cats may be seen any day basking in the aun Chinese New Year.

and thinking of past good times. Volunteer Headquarters will be cial authorities here. however, are elesed on Tucaday and Wednesday, Animals provided the beasts with The Society for the Protection of of the opinion that a silver loan February 17 and 18, 1931, reges-

and would not benefit China or even tively, except for business

a regular supply of water, silver interests in the long-run; urgent nature,

destroyed the ill and suffering animals. but atate that if there is to be a loan it should be in gold and not

50 years.

Most Chinese and foreign finan

Stonecutters Range.

of an

silver. Gold, they declare, will Stonecutters Range is allotted for bring more stability and causa a Casuals (Rifle) on Surday, March Bow of silver up-country as well 1, 1931. as helping export trade. Such a loan, they say, will beneft, the silver-producing countries as well as China.

1

Leave.

APOSTLESHIP OF YOUNG DOCTORS.

doctors

Faris, Dec. 22. M. Auguste Brunet, Under- Secretary of State in the Ministry The place was one of the sights for touriste. but now an odiet off Celenies, took the place of M. Steeg, and presided this morning the governor of Rome has ended the at the ceremony of handing their hospitality of the Roman rain. The diplomer to the Colonial Society for the Protection of Animals has appealed for homes for tors who have followed the course and young French and foreign doc- 2/Lieut. E. G. Stewart, Machine the threatened felines. Those that of the Colonial Institute of Medi- Gun Company, from 12.2.31 todo no find homes will be destroyed.cine. The Doyen of the Faculty of 21.2.81. No. 1435 Sergt. K. Stuart-United Press. Smith, Machine Gun Company, from 1.3.31 to 29.2.82. No 133 Sergt. L. S. Greenhill, Army Str vice Corps Cadre, from 18.2.81 to 18.12.31. No. 1452 Spr. G. E.

ter than, that produced on the mula from the same sort of cotton.

"Better Yarn at Lower Cost," One of the first advantages that would come from the proved auc Stephens, Engineer Company, fmm cess of this new inclined ring frame 11.2.81 to 11.8.81. would be the production of a bet- ter yarm at a lower cost. For the aplaner it is contended that there would be other advantages, such as a higher output per spindle lessening of the space required per spindle, a reduction of he wages est on each pound of yarn, and aaying per pound of yarn from the introduction of the high draft pro cem for weft spinning purpose!

It is also stated that there would

house supervision necessary..

VATICAN AND LITHUANIA.

Fapal Noucio May Be

Recalled.

Mediciae supported the Professors of the Colonial Institute of Medi- cine, and welcomed the Govern- ment delegate.

In orientation of the scientifio teaching given by the Institute, M Auguste Brunet atressed the prim• ary interest which the Premier, as (Sgd) W. H. G. GOATER

Minister for the Colonies, an ex Kovno, Dec. 23. Governor-General of Algeria, and Captain,

Political circles anticipate the an ex-Resident General of Moroc Adjutant, HKV.D.C.carly recall of the Papal Nuncio co, attaches to the conservation of Mgr. Bartolonl, as a climax to the the richness in human life of the conflict between the Vatican and the new territories aced under tha Lithuanian Government, the causes guardianship of France, and ho of which are rather obscure though hailed the Colonial Institute of it to generally believed that Medicine as a home of high culture. the Lithuanian Nationalist Goverzi Ahome of high culture, ha ment resents the efforts of the continued, which is also a seminary. Catholic Church to bring about a of professional talents and virtues. raconciliation between Lithuania of moral discipline, to which the

in ordinary ring spinning are stat ed not to be necessary in the now frame, as the yarn is carried over the spindle point Counts as high is 160 are said to have been spun

the spinning of curse and medium be great advantages to the minu in the new way. counts. They have always had thefacturer. He would have his waste Already, it is understood, several and Poland. However, there is no names of the Professors in the limitation, however, of being usable loss reduced to a minimum. Cops thousand spindles have been auc-doubt that the Catholic clergy are persons of Dra. Teissier, Brumot, for full twist yarns only. The would have more length, and In concessfully tried out under ordiniry openly antagonistic to the Govern Jeanelme, and Taron-confer a usual lappet and traveller ring eoquence would need less attention Lancashire mule conditions. It is ment and from the palpits are ex radiance that passes beyond our frame for example, to widely em

from the weaver. Cloth produce also said that pin cop weft, bastard horting parishioners to oppose it frontiers, since every year young ployed for producing yarn used for tion would be less faulty, and a doubling weft and fall twist taps with all the means at their disposal. foreign, doctors come to follow the warp. Up to now it has not been lower the amount of cloth ware can be spun on this frame. possible to evolves successful

The Cabinet, on the other hand, teaching of this Institute in Paris, method of spinning on a ring frame Chief Technical Claim

Among the textile machinists appears to be resolved not to yield and to pequire its diploma. who have been licensed to man to the Vatican and In order to de the soft garn used for weft

The chief technical claim is facture the patent inclined male monstrate its independence, la reng character of the task awaiting After having set forth the 2ouch- that the Preaton invention makes it spindle ring-frame are Howard and ported to contemplate, the latro the young, doctors in the colonies, quite practicable to spin on ring Bullough, of Accrington Dobson duction of civil marriage. Things the stator conveyed to them the frame. weft, doubling woft and and Barlow of Bolton John have come to such a pass that Mgr. very cordial good wishes of the twat in mule cop form which co Hetherington, and Tweedales and Bartolonl rofased to speak or ne Ministry of the Colonies for thos tall the same turns perch Smalley. The patenteen are the gotiate with the Lithuaniam For success of their apostleship and that spun on the muse from the Textile Underdisarere, Ltd. of Fre- algn Minister M. Zatintas who, the greater radiatht of the science are quality of cotton: The turns.ston, and a company has been farm though kimbelf a Catholic racantly of which they will be to-morrow the per inch necessary to be successful ed to exploit the intention, married a Protestant,

useful zilsalonari

It is claimed that the new in clined mule spindle ring frame has at last succeeded in producing not only coarse weft, but also the soft fine counts as well. It is said that this now ring frame will, for the

first Ume in cotton history, produce “Jam which is equal to if ubt Bet:

WHY NOT

A NEW PIANO?

A NEW PIANO GIVES TONE TO YOUR HOME.

ANDERSON PIANOS

SPECIALLY- CONSTRUCTED FOR THE TROPICS. ALL FELTS STITCHED OR PINNED.

Give us a call and we will advise you in selection.

The Anderson Music Co., Ltd.

PENNAAAAAAAAAAAAAAAAAAAAAAA

SPRING MEETING

MEMBERS' TIFFIN BOXES.

We are prepared to deliver Wines, Spirits, Mineral Waters, elc, to Private Boxeș daily during the forth- coming Annual Meeting.

All' unconsumed stock will be collected free of charge and allowed for in full at the end of the meeting.

CALDBECK, MACGREGOR & CO, LTD. (Incorporated under the Companies' Ordinances of Hong Kong). Prince's Building, Ice House Street, Hong Kong. Tel. 20075.

SINCERE'S ANNOUNCEMENT

TO-DAY

Chinese New Year Eve

OPEN

TILL MIDNIGHT.

Our Premises will be

CLOSED

From Feb. 17th to 18th inclusive

AND

RE-OPENED

on Thursday, Feb. 19th. THE SINCERE CO., LTD.

G. FALCONER & CO., (HONG KONG) LTD. WATCHMAKERS & JEWELLERS DIAMOND MERCHANTS. Union Building (opposite G.P.O.)

Agents for:- ADMIRALTY CHARTS,

ROSS'S BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS, ENGLISH SILVERWARE, direct from Manufacturers,

High Class English Jewellery.

A REAL DRINK

"BOARS HEAD BRAND

GUINNESSS

FOREIGN EXTRA

STOUT

A WORLD-WIDE REPUTATION

Sale Agents

GANDE, PRICE & CO. LTD.

Hong Kong.

St. George's Bellding, Ice House Street

Dial 20136,