1932-07-13 — Page 8

WEDNESDAY, JULY 13, 1932.

London 60 Years Ago and Now

Activities. Of The City Corporation

COAL AND CORN DUES

and

but so far as I can see the

THE CHINA MAI

BRITISH POLICY IN CHINA.

Draws Criticism To Government.

RECONSTRUCTION NEED,

London, Yesterday. That the Government is taking the wrong line in speaking of the

rather

and

TEXT OF LAUSANNE PACT DEMANDED

(Continued from Page 1.)

which Mr. Chamberlain describ. ed was quite unreasonable, said! Mr. Lloyd Georget

Seeks Consent.

21

Sure of Success.

WAY debts, they must

Mr. MacDonald did

Mr. MacDonald was fully con fident that the Lausanne agreement | would not fail. Britain would do "difficulty and expense" in comply-| Sir John Simon announced heverything possible to make the He realised ing with the extremely modest had telephoned to France and agreement a success. "It is now sixty years ago since lief that about this time the Cor- and well-timed request of Sir Italy for consent to publish the that in dealing in this connection with the United States they were I commenced my business life in poration carried out the asphalt Alfred Knox, in the House of Lausanne document, the City, and as I am still active- paving of the strects, construct- Commons on June 27, is lengthily The largest and most import. touching a very tender spot, but no

one had the

blo me right, to ly connected with it perhaps youred Tower Bridge, and earned the argued by Mr. P. C.. Young in a ant result of the Lausanne Con-

America. ferece was the enormous paycho- readers may be interested in the thanks of all London in the help letter to The Times.

Mr. MacDonald declared that al- Pleading for the necessity of an logical change in the peoples of progress I have watched," writes they gave towards the preserva-

though America had not given a Sir Edgar Horne in the "Daily tion of Epping Forest and Burn-early start in the reconstruction Europe, Sir John added.

ham Beeches.

of China "which will be the work The debate on the Consolidated pledge, he believed that no nation Telegraph."

In 1872 the migration of sever of decades

than years," Fund Bill was concluded, and the would be readier than she to lend Although I was unaware of it

that during measure given third reading. Ja hand in straightening out the at the time, in 1872 the City of al of the schools in the City com- Mr. Young contends London was in the midst of a very menced: Charterhouse went to the transition period, firm

Dealing with the Disarmament troubles with which they were sur- Godalming, St. Paul's to Ham- effective Government is required Conference, Sir John Simon said, rounded. wonderful renaissance.

Mr. MacDonald pointed out that Having determined on a policy mersmith, Merchant Taylors to in Manchuria, where the present it paralleled the Lausanne meet-

the in Manchuria, where the presenting in atmosphere. "Something Lausanne had only straightened out for promoting the future pros- Charterhouse-square, perity of their citizens, the City City of London School to Black- unsolved question constitutes a must be done," was the slogan at the European difficulties and had to world peace. At the Lausanne. "Something ought be not presented. the solution to Fathers wisely left the execution friars. All the prisons in the menace

Before any European of their powers to the executive City were removed, but I am not same time, separate special treat done," is the word at Geneva. He America.

other expressed the hope that the for-country could approach America as officers, chief among whom were certain whether this was done at ment for Shanghai and Mr. Horace Jones, the architect, the cost of the Corporation or of foreign concessions was essential, mer watchword might prevail at regards

giving the assurance of liberal, Geneva this week. He urged the examine their own households as and Col. Heywood, the engineer. the Home Office.

effective and enlightened Govern House of Commons not to treat never before. Era of Expansion,

I wish I could report the|

on account of the British counter-proposals not favour Geneva as the venue of In 1872 London Bridge had al-

continuance of this campaignment, not only

foreign interests, but because those during the last thirty years, regious formed the foci of China's and there was

as tumpery ready been rebuilt and King

ill - conceived," another international economic con- William-street constructed; the

nothing more ference.-Reuter. City authorities have donal industrial and commercial life and vital to the cause of Disarma- Holborn Viaduct had also been

the only safeguard against 4

ment than the effective stopping built, but some of the streets to

complete collapse of governmental

of the abominable practice of in- serve it were still in process of

authority. Sir Austen Chamber discriminate.

air bombing. being formed. Queen Victoria-

It is true that the Bank of lain's

pronouncement regarding Reuter. street was in existence, and England is being enlarged and the early retrocession was serious- Blackfriars Bridge had just been other big banks in the City have ly discouraging enterprise.

Washington Shy. rebuilt.

built themselves magnificent new As regards the rest of China]

Washington, To-day. The Embankment was open

In no way is the United States self at Leadenhall-street, and the utterance appeared gas works was derelict. The City Port of London Authority has a notwithstanding Sir of London School, the Guildhall fine new building near the Tower son's opportunities of forming a preasly or by implication, declar- School of Music, the offices of of London. A few blocks of considered opinion. the Thames Conservancy and offices have been put up with Therefore Mr. Young hpes the Secretary of State, Mr. Henry L various newspaper works have) since been built on the site of the many vacant rooms in them, and matter will not be allowed to rest/Stimson in the Senate to-day to!

authorisation. there is not that scramble and de-in the position indicated

in Sir the latter's old gas-works.

Reuer's American Service. mand for land for rebuilding John Simon's reply. The District Railway had its which we used to see in the old Sir Alfred Knox enquired re-

Gentleman's Agreement. terminus at the Mansion House.

garding a report on general con-

London, To-day. Station, and the Metropolitan days.

There is still no tube railway ditions in China and Sir John Premier Ramsay MacDonald ex-The Hon. Dr. S. W. T'eo, O.B.E.. Railway was open as far as Moor- gate-street, but the completion of from Kensington to the Bank, or Simon replied that considerable plained the significance and mean- LL.D., presided.

The speaker stated that he be the Inner Circle had not been be the additional lines to the exist difficulty and expense would be ing of the so-called "Gentleman's

Agreement" signed at Lausanne, lieved the world should resolutely gun. Ludgate-hill Station, was ing tube to Hammersmith, which entailed in so doing.

Mr. Young, who is General when he spoke in the House of put maide the longing for a superman the terminus of the London, would provide an express service

the Kailan Mining Commons to-day.

as leader and go boldly forward in Chathain and Dover Railway. and relieve the pressure during Manager of

Administration, ида formerly. Much had been written about the the path of democracy. The times Holborn Viaduct, Snow-hill, and rush hours.

Chairman of the British Municipal "Gentleman's Agreement," he said. were not crying for a dictator who St. Paul's did not exist.

Apparently the application of such would jockey men into happiness a term arose out of a reply he made and prosperity, but for a few hun- at last Friday's plenary session to dred thousand ordinary people who

little to carry on the good work.

for traffic, but the site of the old offices: Lloyds has established it-it was regrettable that no official hound by any supposed 'Gentle-

The Tube railways as we know them were unknown then; Jater on in 1898, I believė — Í remember going with Mr. Roas, who became engineer to the Cor- poration on the death of Col. Heywood, through the workings of the first one which was made from Waterloo to the Bank. The reconstruction of the markets) also occurred: Smithfield, Bill-' ingsgate, and unfortunately Leadenhall, where I consider blunder was made.

The City Police are a won derful force, but even they are unable to cope with the in- creased traffic in the streets at

in prospect, Miles Lampman's Agreement," either ex- led Senator W. E. Borah, quoting

Council at Tientsin.-Reuter.

INDIVIDUAL URGED TO ACTION.-

Rev. Dr. Allen's Address,

"The Cult of the Strong Man" was the subject of an interesting lecture delivered by the Rev. Dr. E. L. Allen, M.A., Ph.D., Pastor of the Union Church, Kowloon, at yes- terday's Rotary Club weekly timin

the present time. Slow crawl- NEW YORK STOCK a question put to him by the Ger would seek a little more knowledge

ing vans and horse carriages slow up the movement of traf fic, and business men are in- furiated by the constant stop- pages which result in a waste of valuable time.

City Losing Traders.

EXCHANGE.

A.O.F.C. Quotations.

New York, Yesterday.

man Chancellor Herr Vòn Papen, as and develop a little more courage. to whether, if their plans failed, The cult of the strong man, had Germany would be guaranteed that come with the War. Dr. Allen a new Conference would fellow.thought it was an admission of He had replied that It certainly man's powerlessness to deal with would. Instead of allowing Ger-great problems, an easy way of many to fall back on the Young evading Individual responsibility. Plan, they agreed they would, in During the War, sa in all wars, 30 event of failure, take up the mat- he stated, there was a demand for 10 ter again and see if some other a new type of leader, but as the war 09 method were not available.

came to an end the world grew tired Magara. E. A. Pierce & Co, re-

They were, however, convinced of the soldier and turned to a very port:-The market is steady, that their plan would not fall different type of man. ties of their city and afford to be devoted to it, and the re- Business done: 700,000 shares. through. The substance of the The speaker referred to auch

Street Improvements.

The fact is that, although

Last To-day's Changes

Aver

a there is still much more business 30 Industrials 42.98

Aver. 42.68

20 Rails...14.10 .14.20 to be done than in the old days, 20 Utilities.17.00

the percentage of profit is very

In order to add to the ameni-much less; much more time has

facilities to traders and their ward is mengṛe, clients to approach their offices

Many people think rates in the!

17.09

Allied Chemical & Dye 46%* American Can ........334 American Telegraph &

Telephone American Tobacco "B" 52%

Auburn Borden Company

....72

presentatives said, "You will get your agreement if you now excuse us all our debts." The British delegation had replied, "You must walt and see.-British Wireless Service.

German Approval.

Berlin, Yesterday.

un- The German Cabinet has

Lausanne. animously approved to

Price

Price

$

33%

33

45%

324

Last-To-day's "Gentleman's Agreement" had been famous men as Kitchener, Foch, publicly announced Friday- Clemenceau, Hindenburg, Luden- Without it, British delegates would dorf, Woodrow Wilson, Mussolini, have been in a difficult position Stalin and Sun Yat Sen. when the Italian and French re-

71%

51

481

62%

21

2134

9

9%

Gas

35

29

24%

2304

.37%

- 3744

મ

9

.20%

ZIK

8

112

11

4%%

421⁄4

18%

15%

194

anis Railway. 7% - Corporation 8% .1114 Standard Oil Company

of New Jersey .264 Socony-Vacuum Corp., 7%

Carbide Union

Carbon

.18% Union Pacifie United Aircraft &

Trans

8% .225% United States Steel Westinghouse E. & M. 174

Denotes ex dividend. Possible mutilation.

7% 3%

.20%

11

2534 7%

18% 29%

85% 22

Reuter.

Chancellor Von Papen says that the next task is to transmit the moral of the results of the Lausanne Con- ference to the elements of Ger many's trade and industry.

Bank's -Acceptance.

a number of street improve-City are very high considering ments were carried out at very the services rendered, and if Air Reduction considerable cost.

there is any reduction they find Fleet-street, Newgate-street, it generally accompanied by and Ludgate-hill were widened: tightening and increase in the the Poultry practically dis-assessment. Of course, the Bank appeared and many obstructive of England, the Stock Exchange, blocks in Leadenhall-street, and the various produce mar Canadian Pacific Cheapside, Aldersgate, Thames-kets and the docks still make it Consolidated street, Fenchurch-street, and necessary for many firms to have New York

Drugs, Inc other roadways were pulled down. their offices in close proximity.

In the development of the sites But the City Fathers refuse to Du Pont de Nemours 23%

Eastman Kodak created by these improvements look around and appreciate the General Electric the corporation, City Companies, extraordinary convenience of the General Foods and other large landowners co- telephone and the facilities af-General Motors

the banks through International Harvest- operated with capitalists and in-forded by vestors who were willing to sink their branch offices.

International Tel

Tel. I do not believe that twenty their money in bricks and mor- tar.

years ago Bush House, the new Liggett & Myers "B" 42% As a result the City of London block in Wellington-street ap- Loew's Inc. afforded much improved accom- proaching Waterloo Bridge, the Pacific Gas & Electric 18% modation and facilities for the new Shell Mex building on the large number of traders and site of the old Hotel Cecil, or Sears Roebuck their clients to whom proximity Thames House would have been to the Bank, the Stock Ex-economically possible proposi change, the docks, and various tions.

I do not forget that sixty wholesale produce markets was essential.

years ago the City had command The Corporation itself rebuilt of the revenues from, the coal the big block of administrative and corn duties, consisting, I be offices and the Council Chamber lieve, of 1s. a quarter on corn and attached to the Guildhall, the new 18. a ton on coal which came into Old Bailey, at the corner of the City. Incidentally, I may Newgate-street, the City of Lon-say that I never heard any com don School, the Guildhall School plaint regarding these duties or of Music, and, I fancy, they had that anyone was the better off Continúed from previous Column) said that results at Lausanne could immediately and arrests the devas their finger in the removal or for their being removed; but the south of London, are the only lead to a settlement of the repara Christ's Hospital.

City still retains the Bridge outgoings I know of from this tions question until Germany. re

fund, which probably amounts at covered.

16%

The Bank of International Settle- ments has agreed to accept the func- tion imposed on it by the Lausanne Treaty. Reuter.

MacDonald Cheered.

London, Yesterday. A storm of cheering greeted Mr. Ramsay MacDonald when he rose to speak on the Lausanne Confer ence in the House of Commons to-day.

"He declared that while the re- parations lasted, there could be no complet economic recovery; but

the

Bald

оп

It was also during this wonder House estates and the very the present time to some millons Referring to the so-called "Gente

man's Agreement, ful time my first thirty years large Income which is derived

of money, W paving of the streets, construct- from them.

I think it is not too late yet Lausanne powers that Liverpool-street and

Not Too Late.

for the City authorities to wake future of war debt Broad-street Stations were en The rebuilding of Southwark up and realise that there is still said that Herr von larged and brought up to date, Bridge and some expenditure in time for them to serve their citi Friday whe and that the first Tube from connection with the abortive sens by increasing the amenities plan failed, Stockwell to King William bridge scheme which they pro- and attracting traders in- guarantee that. And street, was built by the City and posed, with its new road connec stead of allowing them to find out South London Railway in 1890,, tions to carry the northern traffic that the adjacent City of West wah What of the Present 7 to through Aldersgate st et to the minster offers superior="acco

I think I am correct in my, be {{Continued in, next. Colamyne). modation and greater comfort.

aflönál

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