1933-02-20 — Page 6

"THE BEST”

-

AND YOUR

BABY

IS ENTITLED

TO IT.

THE CHINA MAILA

WHITEAWAYS

ate

GLASS WARE DEPARTMENT BASIC VALUES IN TUMBLERS.

B. V. W. 1.

SOLE AGENTS:

A. S. WATSON & CO., LTD.

THE HONG KONG DISPENSARY.

Established 1841.

GRAYS YELLOW LANTERN SHOPS

ALEX. BLDG.

TEL. 24566.

HONG KONG HOTEL

TEL. 27424.

GLOUCESTER ARCADE.

ARCADE

PENINSULA HOTEL TEL. 58081.

Latest designs in Lingerie, White Fur Evening Coats and Capes. Linens, Curios, Jewellery.

New Shipment of Peking Rugs Just Received,

G. FALCONER & CO., (HONG KONG) LTD. WATCHMAKERS & JEWELLERS. DIAMOND MERCHANTS.

Union Building (opposite G.P.0.)

Agents for:-ADMIRALTY CHARTS, BOSS'S BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS, ENGLISH SILVERWARE, direct from Manufacturers,

High Class English Jewellery.

KAIPING COAL

HOME,

FACTORY

AND

BUNKERS

FOR ALL PURPOSES.

POWER

HOUSE,

TUGS &

LOCOS

THE KAILAN MINING ADMINISTRATION.

Head Office:-TIENTSIN.

Agents:-DODWELL & CO., LTD., Hong Kong.

IN THE LONG RUN

•M...

Gas for cooking shows the greatest all-round economy.

ECONOMY

in time, in labour and fa cost.

HIGHLY EFFICIENT

all-enamel Gas Cookers may be purchased for cash or on. easy terms (one or two years) or a hired Cooker can be had for a monthly rental of $1.10.

HONG & CHINA

CO. LTD.

WHITEAWAYS

TUMBLERS.

NEW BASIC VALUES-

A Plain English Made

Glass Tumbler,

Full pint size. Wonderful value.

BASIC VALUE PRICE::

$1.75 doz,

ONE OF

WHITEAWAYS NEW

B. V. W. 3.

good Demi- English made Crystal glass capacity half pint. Conical shape. Etched border design.

BASIC VALUES

BASIC VALUE PRICE:

$3.95 doz.

FIRST FLOOR SHOWROOMS. WHITEAWAY LAIDLAW & CO., LTD.

HERE

THERE

and

EVERYWHERE

ent thrill in the world..

MONDAY, FEBRUARY 20, 1933.

THE CANTON-HANKOW RAILWAY

A LONG-DELAYED PROJECT

WARS PREVENT CONSTRUCTION

Construction of the projected

Matters Of Detail.

Two Fishermen Sometimes in the morning grey two fishers pass on the Sea of Mar- mora. There is no greeting between thef. The one, prematurely grey and bearded, Ashes with nets like a proletarian. The other, be monoch- ed and silver-haired, has the expen- sive equipment of the sporting ang Canton-Hankow Rathway was be-1 Various matters of detail still`re- ler to whom the capture of big-gun, by an American Syndicate, in mains to be settled, such as the game fish on fine tackle is the great-1904. It abandoned the scheme, ou instalments in which, and the dates

| payment of Gold $6,700,000 com- on which, the Loan is to be raised;" The proletarian drove out pensation, and subsequently the control of the security, etc. It was bourgeois regime in Russin, The Kwangtung Mercantile Administra- stipulated that the Board of Trus- aristocrat helped to ouet a Bolshu- tion was formed with a nominal ce- tees should retain a first line on all vist regime in Hungary,

|pital of $40,000,000 to carry on the movable and immovable properties The two fishers are Trotsky, to work. In 1911 the former Imperial supplied by it, and that the Minis- day an exile on Prinkipo, and Str Government concluded the Hukuangtry of Railways should assume full George Clerk, the British Ambas-Joan Agreement with an Interna- responsibility for the loan service, sador in Constantinople.

tional group of bankers, which in- in the event of the securities pledg- Trotsky Trilogy

cluded British, French, German anded proving insufficient for this pur-

The Loan pose. And now, with two new volumes American interests. issued to-day, Trotsky has compler-Agreement was for £6,000,000, and

necessary, It will probably be ed his trilogy on the Russian rejone of the provisions was that the though this is not mentioned, for volution.

|Hupeh-Hunan section of the Cau-the British and Chinese Govern- It is not history in the profes-ton-Hankow Railway should be con-ments to secure the formal ap- sional sense. It is the red-hojatructed under the supervision of aproval of the Banks participating narrative of the chief actor, why British English Engineer.

In the Hukuang Loan, of the new has since been robbed by his fel- First the revolution, then the arrangement. No difficulty, need bé low-Bolshevists of the place due to Great War, interfered with the Hu-anticipated in this connection, as kuang Loan projects and by the the revenues of the uncompleted When he confines himself to nar- time the loan funds had been ex- Hunan portion are not hypothecat- rative Trotsky is a magnificent bausted only some 417 out of the ed for the service of the Indemnity writer. Unfortunately, these new 900 kilometres of the Hupch-Hunan Loan,

status of the volumes have too many dreary sector had been completed. The Hukuang Bonds ought, therefore, Southern to be appreciably improved by the

[hirt'

and

the

periods in which the exile digresses construction of the into quarrels which took place after (Kwangtung) sector, by the Pro-new arrangement.

vincial Company stopped at Shluk- wan, 140 miles from Canton, and 69 miles from the Hunan border.

the events be describes,

Your Daily Smile.

THAT'S SETTLED, GRETA. A Birmingham boy has run away

*

*

A Lucrative Line.

If the completed railway san be and freed from military and politi run as a commercial enterprise,

There is therefore a gap of appro ximately 273 miles between the Northern and the Southern sectors. cal interference and banditry, it ought to prove one of the most An Important Link.

lucrative lines in China. On the The importance of this line, the basis of the Peking-Hankow Rail-

The China Mail. such payment; they are begin- from home seven times, and each ning to realise, however, that time has been found hiding under payment in gold, besides being a different name. Now I know last link in the trunk-rallway, way returns (and these were con- who'll succeed Mr. Montagu Nor-system from Peiping (and on to aiderably lower than those of the Hong Kong, Monday, Feb. 20, 1933. fruitless, has latterly become im-man.

Manchuria, Siberia and Europe and Peking-Mukden line) Dr. C. G Canton has been generally recog Wang, in his Memorandum to the possible. The prohibitive cost of

nised. The history of China might Willingdon Delegation, anticipated War Debts. purchasing dollars for the debt Cause and Effect.

"People with no sense of humour have been very different during the a return on the investment of at services is revealing a move in are generally tall." This is due to past two decades had through rail- least 18 per cent. In 1918 and in way communication existed between 1920, he pointed out, the returns the world to do, so far as possi-having their legs pulled so often. We publish cable to-day

Paiping and Canton. But seeing from the Peking-Mukden railway ble, without dollars-to do with-

that the Chinese Government de-exceeded 21 per cent on the capital announcing that President-elect

BOTH BROKE. Hence Roosevelt is conferring with Sir out American exports.

"So you broke your engagement faulted on Hukuang amortization invested.

|payments from June 1925, onwards, Ronald Lindsay, British Ambas- the desire of Washington to bar-with Evelyn? Why was that?"

A Unifying Factor. "Well, I was 'only doing' to the and on interest from 1926-8 on- sador to Washington, immediate- gain a vision of debt for the

wards, there was no prospect of fin- It is to be hoped that the sane- ly after the arrival of the latter restabilisation of sterling upon ajengagement what it did to me,"

lancing the venture by further bor- tion of the completion of the Canton gold standard nearer to dollar

rowing abroad. From an early Hankow Railway will have 3 from England where he has been

Boarding-house Profits.

İstage of the discussions regarding beneficial influence on the relations Hash money. advising the British Cabinet in a value. But, as The Times points

the use of the British remitted in-between · Nanking and Canton. series of conferences on the nut, this aim to restore

demally I have urged that the com- There have, as most of my readers inter-related problems of

bé freedom to currency exchanges His Big Break.

George made a resolution to give pletion of the Canton-Hankow line must

BWATC, been many alone confuses cause and effect, up drinking, but he was the one to should be one of the first objects of evidences, of late, of separatist debts and world economics.

of international be carried out.

that remission.

tendencies on the part of Kwang- There is reason for hope that an

I. urged in a series of articles fung and other Southern Provinces. early settlement of the debt currency exchanges must attend

that appeared early in 1925, that Obviously, if these persist, it will question may be effected, and it recovery of exchanges in goods You'll Laugh at This.

An essayist says that the news- £4,600,000 of the total of some be difficult, If not impossible to should be remembered that such and services, of which money papers did not give much space to eleven millions owing to Great finance, and carry through the is but the token. Whether the first reports of the battle of Britain for Indemnity payments, construction work in Hunan and early action was mude possible

it be for the service of the Trafalgar. Later, however, Lord should be earmarked for this purKwangtung, even with the British by the commendable decision of

pose, and that until the expiration Indemnity as security, existing debt, or for the service Nelson got a coluran. President Hoover and Mr. Roose-

of the Indemnity period any

(Continued an Page 11.)

war

for

recovery

more

*

*

*

*

*

*

Facts You Did Not Know.

* *

•

sur-

I

Well-known In Colony Business Circles.

of the unfinished section between Deceased was admitted to has- Hankow and Canton, thus complet pital three weeks ago; suffering ing a trunk line from North to from sprue and pornicious. South, Pelping to Canton, runnlagi anaemia.

of a proposed new British loan

plus revenues over and above the velt in agreeing to sink party in the United States, to ex-

charges for interest and amortiza- differences and agree to the in-

tinguish the debt, prohibitive.

tlon, should be employed for the ternational discussion requested)

development of a feeder road sys- MR. J. H. BACKHOUSE trade shackles must be loosened With an egg sorter invented in tem on both sides of the line. in the British Note of last November. There seems little if Britain is to be enabled to Germany five persons can candle, estimated that the revenues thus

PASSES AWAY. doubt that the step taken by Mr. meet such liabilities. To the weigh and grade eggs according to used would suffice to build some Hoover and Mr. Roosevelt to-general aims of the American five different weights in a single eight thousand miles of macadam-

Iday..

ized roads, and that when Indem-! gether has been greatly assisted Government the British Empire

nily payments ceased, and the loan In 20 years the average cost of had been liquidated, the railway i by the personal efforts of Sir countries at the Ottawa Confer- Ronald Lindsay to reinforce the ence have already given their as- automobile tires in the United would furnish a very substantial States has been reduced from $5.67 sum annually for educational or

The death which occurred at the formal representations of the sent. If the American response to 59 cents for each 1,000 miles of other purposes."

War Memorial Hospital yesterday British Government and we do now is to be read as the evincing use.

Large Loan Approved. afternoon, of Mr. James Herbert The Willingdon Delegation, which Backhouse, of James H. Backhouse not doubt that he has helped to of a desire to participate with the

Germany, the United Kingdom came out to China In 1926, "unani- & Ca., the well-known local arm of bring Mr. Hoover and his Secre. Empire, and with so much of the

and France lead in the order named, mously and strongly recommended import and export merchants, 1, tary of State to realise the op-world which pins' its faith to

in the production of nitrocellulose "consideration of the construction Chater Road. portunity in the expiring days of sterling, in a movement for co-lacquers in Europe. their office to perform an out-operative reconstruction, so much the better. It would be B standing act of service and calamity if the greatest foreign

VISIT OF MRS. GRUNDY statesmanship to their own peo-English-speaking country

should

through the heart of the country" Hailing from Manchester, de- & DORA.

and added that in its opinion, this ceased came out to Hồng Kong 29 ple, as well as to the world at withhold itself from such a

project fulfilled the conditions it

years ago, and was associated large. It is expected that at the movement. It is a sign for good,

not only that. Mr. Hoover and Mrs. Grundy's come to town, had put forward "decidedly better with Mesers. Sander, Wieler, the conversations in Washington dia- Mr. Roosevelt have agreed upon Accompanied by Dora.

than any other railway scheme in German shipping firm, before the China." It estimated the cost at outbreak of the War. He then bo- "What awfu" sins, begorral cussion of the war debts will be the policy to be adopted, but that pop our cabarets they frown,

ive millions sterling. kept separate from that upon that policy admits the inter-we must institute, reforms

came a partner in the firm of At a meeting of the Boxer Indem Manners and Backhouse, but in the agenda of the world economic relation of American depression And safe the youths from danger."

with the depression in the rest They are raising fearful storms

nity Trustees held in Shanghai on 1922, he started James H. Back- conference. How different the of the world. It should not, on in an interview they said.

Of resentment and anger,

Monday morning a proposal for house & Co., on his own... American outlook upon the for present sight, prejudice France "Please do not think we are fussy, loan of 24,060,000 for the comple. The funeral will take place to mer question is from the British that the two English-speaking Think of the price our youths have tion of the Canton-Hankow Rall day, the corlege passing the Manu-

nations will confer first without To every painted hussy!

pald

way was formally approved. The ment at 5 p.m. is now well appreciated. But others. If Britain's position is They cannot do their work right

loan, which is to boar interakt at despite this difference, arising that, under current trade restric-_ If at night they go a-dancing in the rate of five per cent. per an- very largely from inability of tions, she cannot continue to These sickly youths do look a fright, num, is to be issued in four differ

Tho' like gay ! Othelos they gent categorien: 1,200,000 will be the American public to appreciate meet the liabilities fixed by agree- the dangers of non-revision, it is ment before such restrictions we g

were imposed--- plain that American business handicar Britain cannot pay, in fact, we must purge the town.£700,000; Will be in bash and the and political opinion has already then no been severely shaken by the re- can.

that actions of enforced payment upon be

ong the Amer dete

-

must closs thoro cabarets down, under, such **" And so-called nomiamies,

|Of, sinful epidemies.” unty. They want to L EG.P.

And asked amberrinales questions, Unt that good, WA

kot ses

Issued in Bonds; £1,600,000, will re- present expediture on materials;

balance will ba

RENT FREE FOR THE UNEMPLOYED

Lisbon.

Any unemployed man or woman renting a house, part of a house A single room is not liable to rent for £ period of six nionths the, date of losing his or her

dacres Insned

1