1932-02-09 — Page 6

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BARGAINS AT

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120 WARSHIPS FOR UNITED STATES.

Replacing Obsolete Craft.

10-YEAR PLAN,

A Bill providing for a ten-year

TUESDAY, FEBRUARY 9, 1932.

CUT IN WAR DEBTS IF

NATIONS DISARM

THE

U.S. SENATOR SAYS MORATORIUM

IS NOT ENOUGH.

There seems every hope that at being collected at all. this year,

able in gold dollars.

the general economic conference and are not likely to be collected programme of constriction of 120 to be held shortly, the United sterling, but her debt to us is pay

in full next year, are payable in now warships costing $616,250,000 States Government will announce is being introduced in the its willingness to rovise War Debta House of Representatives, announs along with Reparations.

"With the S at par the British ed Mr. Vinson, Chairman of "the

Treasury needs £32,800,000 in Naval Committee of the House. All War Debts and reduce armaments With sterling at the rate at which "If we cancel Reparations and order to pay us $169,600,000. vessels, except two aircraft car there is a chance of immediate re- it was sold riers, are designed to replace over-covery," Jald age and obsolete ships,

on December 10 it. Senator Borah, would take £48,100,000, Chairman of the Senate Foreign crease of £15,800,000. The burden or an in- Mr. Vinson's programme which Relations Committee. in a special on the British taxpayers would be has been approved by the Navy interview with the Daily Herald. Board, also provides for the com

increased by almost half."- Mr. Mellon, Secretary of the pletion of sixteen ships, at present Treasury,' pointed out particularly i

A Lawyer's View. being constructed at the cost of that Britnin's debt to the United American lawyer, whom M. Briand Mr. Salomon Levinson, the great $91,500,000. They will include States is reckoned in gold, while once referred to as the "real seven eight-inch gun yessels of other countries' debts to Britain father of the Kellogg Fact," is in 10,000 tons.

are calculated in sterling.

London on holiday, The United States Government his views as to what can be done He gave me is notifying debtor countries that by the nations to remove the "war

A RETURN TO THE they will not be expected to make mess" from among the problems

VICTORIANS.

Changed Tastes of the Reading Public.

the heavy payments which would, which beset the world. have been dae but for the Hoover- He said:- mbratorlum."

Senator Borah; Chairman of The key to better conditions in the Foreign Relations Committee, Europe is the ability of France who opposed the and Germany to get together on a theories which arose out of M. temporising reasonable programme enabling Laval's visit, would favour, and While some critles are deploring Borah, discussing world economie tion of both debts and reparations. Germany to live," said Senator has favoured, a complete cancella- the scarcity of outstanding post- war authors members of the gen-

problems with the Daily Herald, "President Hoover would not go eral public are finding fresh read-Correspondent..

so far and neither would I. Can. ing matter in the neglected works for Treaty revision, but let us method, of dealing with creditors. "I still believe in the necessity cellation is not a helpful word or of Victorian authors.

During the past few years there done la connection with Repara- debts in full, but it is almost un- legve that now. What may be A debtor may not be able to pay has been a marked increase in the tions and Disarmament rests al- heard of to ask for debts to bo sale of books by a number of leading most exclusively with France. Nineteenth Century "writers who

cancelled altogether. I have re- seemed to have gone out of fashion,

Giving a Chance. contains nothing more than that and. It is believed in the book trade has hitherto maintained it is diffl-I asked creditors to cancel,

"If she maintains the course she last 25 years, but never once have presented scores of debtors in the already disclosed, if it offers no that this tendency will gather cult to see how any practical pro- "Of course, the straightening constructive suggestions has to

momentum. what ought to be done to bring present in the Walter Scott mar-world awaita with the deepest an- France and Germany. Great Bri- gramme for the recovery of Europe out Europe's difficulties, to Ameri "There is considerable activity at can be worked out. The whole ca, means appeasement between to an end a state of affairs, which ket," a London bookseller told axiety her present consideration of tain would, I believe agree to any The Consular Report. may yet precipitate a crisis, the anticipate that this demand will Morning Post representative, "bud like of which can best be left to increase considerably during the President Hoover's moratorium. States. The Consular Body, which

a programme."

programme of liquidation` accept- Mr. Borah was questioned on able to France and the United imagination, the League should next few months, especially in view He said: "I favoured the granting: commissioned to report on the not waste any more valuable time of the fact that the centenary of of the moratorium for one year to Shanghai incident, has submit-

Lower the Burdens, ted its finding to the League of purpose it will serve, consign it

over it, and, for all the useful next year

Scott's death is to be celebrated give Europe a chance to adopt a piecemeal settlements that don't "But there must not be any more Nations, and Dr. W. W. Yen, the to the waste paper basket.

"Since the War there has also favour a moratorium for more to another. The war and its un- sound economic plan, but I did not work and lead only from one crisis Chinese delegate at Geneva, has

been a greatly revived demand for than one year. the works of Jane Austen, and the

workable peace treaty are 95 per sales of the Brontes have also In- where a moratorium adjustment, world, conditions.

"We have reached the point cent. of the cause of the present based on capacity, to pay, will not general scheme must reduce these Therefore, the "There is, again, a tendency mend troubles. It seems we must obstacles and burdens to their nowadays for people who have deal with the question of cancella-lowest point.

The China Mail.

Hong Kong, Tuesday, Feb. 9, 1932.

was

lost no time in requesting that

a meeting of the Council should

be summoned forthwith to con

News in Brieť.

creased,

sider that report and incidental-yesterday was 59. Humidity at 10 read him, and I know several case:

Lowest open air temperature hitherto neglected Macaulay to tion.

ly a host of other relative mata.m. was 94; and at 4′ p.m. 95. - ters.

་་བ་

The

9.5.

P

It will be noticed from to-day'a

present

of people who have recently bought ment Conference,

"I favour awaiting the Disarma- The report, according to the The s.s. Gange from Shanghai}

whole sets of his works.

which actually brief summary cabled by Reuter gera and mall is due here to before the War, and to-day his it is no use sending delegates to is an economic conference. With- with a large number of passen of the popularity which he enjoyed is a chance of immediate recovery. "Dickens, however, has lost some out reduction of armaments, there and published elsewhere in this morrow morning at 8 a.m. issue, discloses nothing that is will berth at the Kowloon Wharf. part from the lower middle-classes, ernments stick to their

and readera are recruited for the most the conference If the home Gov not known, nothing that has not Europe at 6 pm. on the 10th inst. papular as ever, although he appeals

Gange will sail for Thackeray on the other hand. Is as policies." already been written about, no- thing that takes us any forrader.

i Britain's Burden. to only x Einmited circle of redders.· "No recommendation made by The compilers of the report, in Mat of warships in port that destroy- Meredith out of Favour. Mr. Hoever carries any implica a sense, have passed blotting

While there are unmistakable tion of debt cancellation," said Mr. era Keppel Wild Swan, and Verity signs that Victorian literature, like Mellon, Secretary to the U.S. Tren- paper over all that has been ed at the Naval Intelligence Centre back there are still a number of

are not in harbour. It was explain-Victorian art, is "staging a come aury. written, and that when the ink that they went out this morning for first-class "authors who remain out foreign Governmenta, except " re had dried. Such, at any rate, is practice, and the movement have of favour. "There is very little deparations payments which are not All debts to Great Britain from the impression gained from the the North.

nothing, to do with the trouble in mand for books by Meredith or by way on depEDRANOIDAAN particulars of the report that have come to hand..

The report ascribes the origin of the trouble at Shanghai to Japanese activities in Man- churia, and, in turn, ascribes

1

CHEUNG CHAU NOTES.

(From Our Own Correspondent]

George Eliot," the same bookseller explained, and such demand As there is appears to be decreasing.

SUPPER WAS NOT READY.

"Another author who is still in Husband Kills His Wife--And Goes an eclipse is Stevenson. His works To Gaol For 20 Years. of adventure are as popular with young people as ever; but on the

un-

"Any general re-arrangement. would necessarily entail a breath- lng spell in debts and reparations,

by all nations interested. and, during that spell, there could, conferences, of the tariff question he international consideration, by

"If it is not known I think it should be known-that there is not a ghost of a chance of any pre- gramme of substantially reducing the debts owing to American less Europe drastically cuts down ita armament. With any such re- duction of armament. With any Bich reduction of armaments

is the greater question."" America would have to keep steps.

"This question of disarmament.

STARVING IN THE MIDST OF PLENTY Moral-Remember The Tin-opener.

Two Pasadena college students,

these to the boycott of Japanese tors during the Chinese New to appeal to modern readers, oni aged 41, of Schenectady, New York Pete Decote and Edward Harrison,

Year, at least six houses were

Bervices

ed for two days before being res- when found they were starving, of canned food, they had forgotten a because, although they had plenty Un-opener.

Cheung Chau, Yesterday,

Because his wife had not pre- There was a large influx of visi- whole he is too much of a preacher pared his supper John Nizansky, goods, which inflamed Japanese opened up for occupation. Nego popularity which some of the more imprisonment.

One of the reasons given for the ls how serving sentence of 20 years' recently set sail for Catalina Island public opinion and engendered, in tiations are under way for the "atodgy Victorian authors are en- Nizansky returned Japanese breasts enmity and sale of another property, tl, is

In a sloop loaded with canned food". joying is that they are no longer found no supper ready. In a fit of demolished the mast, and they drift- home and Just off the island a sudden aqua!!. hatred of the Chinese. So the Dr. and Mrs. Clift had a large forced upon young people at school. rage, he killed his wife. prime cause, according to the house party and on Sunday two Since the War, boys and girls at Shanghai Consular Bo

were conducted. The school have been encouraged to fol-To-day's Thought Body, is the morning meeting was conducted low their own fnéliastions and to boycott of Japanese goods. by Rev Stott, who, with a new read whatever banks appeal to them: When you ask some people their Having traced the "disease" missionary, Roy. G. A. Hook, start The works of writers such as Scott motive they think you are question to its source, the report proceeds the evening Dr. Clift gave an ad- being labelled school "classics, and

PELACK un river for Nanning to-night. In no longer suffer from the stigma of ing tliets honesty. to describe its outward manifes dress. At both services Mr. John 3 new generation of readers has tations. But, seemingly, there if hymns volle which was those books on their own merits.

Braga played the music for the grown up capable of appreciating ceases. And this is the report much appreciated upon which time and some energy

Enribly enough, In the village special meetings has most consistently a state or were held by the Baptist

ring the past Cerrutinya tent, Eay. King also conduct

has been expanded

omergency, and upon which the ed a baptism service?, dovan

League of Nations

awaiting, in order

anew the situation and

LAD

ome line of action.

Overthe

has been dates being admitted.

hip! And car

THE

Ten Years A

[From the "Chibs Mail" of Polkuney(9) 10221

thor who his public

To-day

That

CHARACTER

in Ho

dollar is worth 2/5%

er of the

The Muse

Muse thony

LEA & PERRINS SAUCE

the