1933-02-23 — Page 6

16

"THE BEST"

AND YOUR.

BABY

IS ENTITLED

TO IT.

SOLE AGENTS:

A. S. WATSON & CO., LTD.

THE HONG KONG DISPENSARY.

Established 1841.

20% Sale

AT

GRAY'S YELLOW LANTERN SHOPS

Alexandra Building.

On All Dresses, Woollen Jumpers, and on a small Quantity of slightly shop soiled

Underwear..

G. FALCONER & CO., (HONG KONG) LTD. WATCHMAKERS & JEWELLERS. DIAMOND MERCHANTS. Union Building (opposite G.P.0.)

Agents for:-ADMIRALTY CHARTS, ROSS'S BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS, ENGLISH SILVERWARE, direct from Manufacturers, High Class English Jewellery.

"SIMPLEX"

BOTTLE POURERS · -have no mechanism to get out of order. Worked by an air lock, you need simply tip the bottle up and the flow will cease when a tot has been poured out—a paust of four seconds-and the flow will start again.

are easily fitted into the neck of any bottle by means of a tapered cork.

—give "accurate measure of twenty or twenty-five tots to the bottle, as desired.

-are invaluable to Clubs and Hotels, where a care. fat check on consumption is necessary, and will save their Initial cost within a month or two."

Stocked by:-

CALDBECK, MACGREGOR & CO., LIMITED, (Incorporated under the Companies Ordinances of Hong_Kong.) Prince's Buliding, Ice House Street.

IN THE LONG RUN

Gas. for cooking shows the

greatest all-round economy.

ECONOMY

in time, in labour and in cost.

HIGHLY EFFICIENT

all-enamel Gas Cookers may

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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.

Tel. 20075..

HONG KONG & CHINA GAS CO., LTD.

THE CHINA MAIL,

WHITEAWAYS

GLASS WARE DEPARTMENT

BASIC VALUES IN TUMBLERS.

ONE OF

WHITEAWAYS

NEW BASIC VALUES

B. V. W. 7.

TUMBLERS.

A Plain English Made Glass Tumbler.

Full pint size. Wonderful valus,

·WHITEAWAYS-

NEW

BASIC VALUE PRICE:

$1.75 doz.

ONE Die

B. V. W. 8.

Demi- English made good 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.

The China Mail.

Hong Kong, Thursday, Feb. 23, 1939.

HERE, THERE

and

EVERYWHERE

Rumanian Crisis Origin.

The fresh constitutional crisis

in Rumania is the outcome of the old quarrel between the Army and the politicians.

The heads of the Army, remain. ed loyal to Carol during his exile, and finally secured his return to the throne.

THURSDAY, FEBRUARY 28, 1933.

THE INEVITABLE

RECOVERY

DEPRESSION HISTORY

REPEATS ITSELF

A CENTURY OF CRISIS

(By VISCOUNT SNOWDEN).

I know no better antidote to pes- Queen Victoria ninety years ago.

He rewarded them handsomely. All the principal administrative posts were given to military ofisimism about the possibility of the cers. The control of the police, revival of world trade than to the gendarmerie, the railways, and study the industrial history of the the porta and telegraphs-all the last hundred years. strategic as well as the well- remunerated offices of the King-tory repeats itself." apply more apt- Never did the old adage, "His-

dom-was given to the Army.'

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After acquiring control in 1920 Mr. Liggett, who is a man of charm

Resolution.

A resolution passed by the Cor-

poration of the City of London Ir 1842 described the situation in words appropriate to the present time. It said:-

The continued and increasing depression of the manufactur- ing, commercial and agricultural Interests, and the widespreading distress of the working classes are most alarming, and are in- ducing a starving people to re- gard the laws of the country with a deep sense of injustice. This long crisis was accompaní-

ly than it does to the present world trade depression. All the features No Change in Management. of former crises are being repeat- The resale of the American con-ed with an almost uncanny resem.

biance. trolling Interest to this country is

The first great crisis of the in-i not likely to produce any change in the day-to-day management of dustrial era followed the close of the twenty years' war with France. Boots Pure Drug Company.

England was left with a national debt, of £800,000,000, which bore ed by great political and social and shrewdness, was wise enough just about the same proportion to unrest. One-seventh of the total our debt population were on the Poor Law, to leave the company's business the national wealth as

and in some of the manufacturing policy in the hands of the working legacy from the great war. directors in Nottingham.

During the later years of that towns the proportion rose to one-

half. This is an arrangement which war Pitt had adopted the courage.

This, like the present one, was has worked with conspicuous suc-ous policy of refraining from bor-

of rowing, and had financed the war a world crisis." cess. For the twelve years

The position in. their association there has always from taxation. He had imposed an the Continental countries and in been the most friendly relationship income tax of two shillings in the America was much the same as in

England. between the English and American pound on incomes of £60 a year.

The unsettled state of the Con- The popular unrest shook all directors. The present Lord Trent! le a director of Mr. Liggett's Drug tinent during that war had prevent- these countries. In England it Ол Incorpated,

ed England from taking full advan- took the form of Chartism. tage of the vastly increased produc- the Continent it brought a Cors tive power which steam and munist movement Inta being, machine invention had given to her. which culminated in the revolution

of '1848. Prices Fell

About 1850 the long depression It was confidently expected that lifted all over the world. A period when the Napoleonic war ended of world prosperity came, and in there would arise a great demand the succeeding twenty years our It's from abroad for this country's pro- export trade more than doubled.

ducts. But it was soon discovered

Croakers.

Your Daily Smile.

ONLY TOO GLAD.

in

informed responsibility in high| quarters. The soul-searching oc- casioned by the depression has TEACHER: Tommy, come here resulted in many changed atti-and give me what you've got tudes. But the

trouble with your mouth. chastened thinking under duress TOMMY: I wish I could. is that it lasts only for the dura- the toothache! tion of the duress. Good resólu-

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After the boom of 1871-2, an

cent.

+

Uses Of Adversity.

| that the Continental`countries had ESPECIALLY FOR HER.

been so impoverished by the long Sweet as the uses of adversity tions made in the face of neces

At present

war that their purchasing power other depression came, which last- may be to the moralist, the sity are suspect.

PRETTY MODERN GIRL (speak-was non-existent.

ed for seven years. In thía period miseries of economic depression good resolutions are not very

Prices fell to a level which made our export trade fell by 20 per more than outweigh them. Dur-constructive without an active ing of sign "Don't Kiss the Baby" ing every stage of the collapse it display of will. For the depres-on the wall): Yes, dad hung it production unremunerative.

There followed a long period of is possible to see that sonic of the sion is not an intellectual clinic up. He's awfully particular.

moral laboratory but an

SUITOR: And I think it's a jol-severe depression, inflicting suf- false dogmas of prosperity have or a been discredited; and among agonizing human calamity that ly good idea. But I always thought

If the you were an only child. superficial prophets it has. be needs immediate relief,

GIRL: I am. come the fashion to thank God good resolutions are still in that we are not what we were lifted, the uses of adversity will evidence after the depression is But that is the emptiest of con- solations.

For the tragedy of be sweet. this economic depression is writ-

ten not in ideas or precepts but Russia's Flexible Plan. in terms of human suffering.

| Multitudes of those who are out

Joseph Stalin announced Jast

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JUST KIDDING. "She said I was interesting and brave."

"You should never marry a 100• man who deceives you from the [very beginning."

#

THAT SQUARED HIM.

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of work are in desperate need of month the virtual completion of food and shelter. The standard|the Five-Year Plan, with more

WIFE: You never did anything of living, which is always versa-than 98 per cent. of the industrial clever in all your life. tile, has very nearly collapsed; programme realized. The slight HUSBAND: You forget, dear, some human beings are reduced lag he ascribed to the Japanese I married you. to the vagrancics and ash-can war scare and the machinatione rootings of animals. So long as of internal enemies. But Bolshe charitable institutions have vist statistics are more than difficulty in raising enough usually exposed to the ailment give up writting poetry? money to meet the bare urgen-that afflicts statistics every. EDITOR: No, you ought to cies of the hour, it is befogging where: they can be made to say gin. the only essential isque to take almost anything. The opinion of the good the depression has was expressed that it would need accomplished. When abnormal time to show how far the Five! expectations are upset, modes Year Plan had been really exe

of thinking have to be revised. cuted. In fact, it has not taken

7

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TIME TO START POET: You mean I ought

to

be-

Facts You Did Not Know.

*

fering on the people compared with which the present state of Britain might be regarded as a time prosperity.

of

Then a recovery suddenly came, and in two years the loss of the previous seven years bad been fully recovered

Thea for sixteen years up to 1898 our expert trade remained The situation was aggravated by❘ practically stationary, and there the monetary policy of the unre-were years in this period when un- formed Bank of England, which re- employment in the staple indus- duced the volume of credit and cur-] irles was 'severe. rency.

coming doom of Britain.

The croakers were again active, telling us that this time for cer

There were plenty of pessimists in those days who prophesied the tain we had come to the end of Our trade expansion. America Their speeches have been repeat-{ was for more severely hit during ed, in almost identical words, this perfod than this country. thousands of times in the last Her unemployed rose to six mil-

lions.

three years.

The grave unrest in the country Then, apparently to confound gave rise to many debates in Par- the sceptis, trade decided to take liament, which usually ended, as a turn, and from the beginning of they do now, by referring the sub-the present century up to the out Ject to a Royal Commission or a break of war we had the' greatest Select Committee.

trade expansion in our industrial There does not seem to be much history. difference between the unreformed Parliament before 1832 and the universal suffrage Parifament of

House of Commons in 1838; Mr. Because of the distribution of the Charles Villiers said:-

At this very moment there are thousands of persons suffering the greatest privation from noi other circumstance, than from

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1

The

....

(Continued on Page 11.)

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QUIET CEREMONY.

The marriage was solemnised in 8t. Andrew's Church, yesterday

Complacent people have to be many days to put Stalin's figures Of Czechoslovakia's population of to-day. rudely shaken out of their to the test. The challenge has nearly 15,000,000 approximately 40 The trade depression of that KOWLOON WEDDING dreams, and the apostles of the come from Stalin sources. They per cent. are engaged in agriculture, time was attributed to the same New Economic Era have to retake the form of the now "con the country providing 90 per cent. causes as those responsible for the Miss M. Macpherson

present situation. Speaking in the Weds Mr. J. G. Campbell adjust their minds to the bleak.trol figures" for 1933 that is of its own food. ness of realities. It is a long, to say, the production quotas set agonizing process, attended with for that year as the goal to be land areas storms of equal intensity hysteria all the way. It begins striven for. They show in three cause higher waves in the oceans of with pompous denials, it sinks basic commodities that the So- into melancholy, and it is not viet authorities now expect, to the southern half of the world than

in the northern. much improved in health when it see the end of 1989 show results embraces technocracy as the one considerably below those that A German railway has installed a Certain homely should have been attained at the testing table on which locomotives true faith. truths do begin to drift across end of 1982. If the Five-Year

fare placed and run at speeds equiva- the world in a formless cloud of Plan were really completed at lent to 80 miles an hour for check- general anxiety. People do begin the beginning of this year, then fag their performance, to realize that effects come from the year 1982 would, have seen fundamental causes. They be 9,000,000 tons of pig iron pro-Airplane propellers. that gin to have some practical conduced. That figure is now fixed lighter and stronger than wooden or ception of the strictly business for 1938. Of coal there should daraluminum ones are being made relation that exists between pro have been 90,000,000 tons pro in England from a duction and consumption. Tech duced in 1982. The figure set alloy. nological unemployment, the in- for 1988 is now 84,000,000 tons. equality of farm economics, the Of electric power there should value of international trade and have been 17,000,000,000 kilo results were creditable enough. passed, and the policy of the Bank Rev, W. Walton Rogers. of good feeling abroad and the watt-hours în 1982, The quota But the merit of a planned eco- interdependence of all branches now fixed for 1938 is something nomy is supposed to be precise of England was placed under

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gone.

to

their trade passing into the afternoon, of Miss Mary Frances hands of foreigners

Macphemon eldest daughter of Nottingham haslory trade has leut-Colonel and Mrs. E. A. Mac-.

pherson, of Carlton House, Moor- Whole Germany, branches of the hardware trade land Road, Bournemouth, Hants., have left Sheffield for the and Joseph Garden Campbell, Engineer, Rhenish Prussia. Switzerland A.M.I.C.E. Assistant

Public Works Department, son of is meeting us successfully in foreign markets in cotton goods Mr. and Mrs. J. G, Campbell, of This, the greatest industrial Aberdeen, Scotland. magnesium crisis of the nineteenth century very quiet. nature owing to

The ceremony," which was of a the lasted, with occasional short-lived] Improvements, till about 1850, Inliness of the bride's mother in England, was performed by the 1844 the Bank' Charter Act was

Are

In 1842 the Queen's Bpeéch ̧ con-|

The bride, a cousin of the late Macpherson of Clunie and Chief, of the Clan Chattan, was givan

tended by Miss B. Henry.. Lained the following reference toy by her father, and was at the prevailing distress-

The best-man was Mr. N. K. gret the continued distress in

I have observed with deep ra-Littlejohn.

of industry become vividly ap- over. 16,000,000,000. kilowatt ly that it is free from the hit-or- stricter regulation parent. Incompetence and cor- hours. It needs no close figurimise methods of the individual- ruption get found out. Stupidity ing to see that if you require five lat system. The actual history of and negligence have to be paid and a quarter years to carry out the famous plan is that it start- for, largely in other people's a reduced plan you have not at- ed out to be a Five-Year Plan to money. In the face of an econo- tained 98 per cent. of the full be completed by, October 1, 1983. mic blizzard people begin to plan at the end of four and a It was shortened into a Four realize that the economic system quarter years... The chances are Year Fian, to be completed by needs something more than that you are much more than 7 October 1, 1982 It was prolong- bland good-will to prevent ita per cent. behind schedule. In od by three months by,, wrecking the world, de Balancing pig, iron, for instance, last year the Soviet dacal the budget becomes the token of saw less than half the 9,000,000 with the sincerit and clear th

the pla

virtu

In scheduled bons produced." The

out on time would not

for

critik

The bridegroom”” is well known the manufacturing districts of in golfing circles. In the Colony the country.The sufferings and and is the Constructional En- privations which have resultedgineer of the new dam now being

it have been borne with built at Shing Mun. exemplary patience and forti-

Following the ceremony," a few, friends gathered" at the recep- (*sound in ||lon held in Claremont Hotel. The

inde.

will, avantu

"take" up their.