1935-11-26 — Page 6

DEWAR'S

THE

WHITE LABEL

SPIRIT OF INSPIRATION.

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Est. 1841.

CHRISTMAS GIFTS

AN UNHURRIED AND CAREFUL SELECTION OF GIFTS, IS THE ONLY SURE WAY TO SATIS- FACTION. THEREFORE WE SUGGEST YOU VISIT OUR DEPARTMENT NOW TO SEE OUR

DISPLAY OF QUALITY PRESENTS.

FOR HER

FOR HIM

Beautiful Engine turned silver cigarette boxes, and cases in the most modern designs.

THE CHINA MAIL, TUESDAY, NOVE, BER 26, 1935

The China Mail

Ninety-first Year of Publi

SA Wyndham Street, Hong Kong Telephone: 20022

London Office:

7. Garrick Street, London, W.C2

Notice To Contributors.

EXPLANATION OF Here-

YESTERDAYS CARTOON

There and

FOUR YEARS OF PARLIAMENT

THE ROAD TO RUIN Everywhere HIGH REPUTATIONS

THE Chinese Eastern Railway,

Russia. across Manchuria to con

OF SPORT

Our famous globe-trotting visit:

All communications ixtended for Rect Siberia » with Vladivostock or, Miss Aloha Wanderwell, re- |publication should be addressed to across Chinese territory, cost themarked the other day that Hon

Russian Government 400,000,000 gang had changed- tremendously the Editor, and be accompanied by gold roubles (U.S. $200,000,000 since she was last here 10 years the Writer's Name and Address

the old parity). not necessarily for insertion, but. ļus a guarantee of good faith.

Subscription Rates

One Year

6 Mouths

***Mouths

HK$36.00

HK$18.00

HK$ 2.00 Postage Abroad Extra-

ENGAGEMENT

tor, Hong Kong..

Hong Kong, Tuesday, Nov. 25, 1935.j

Nominal Rates

It is hard enough to calculate prices with a jumpy exchange in any case, but when the rate is

FITTED DRESSING

CASES

IN

that our little currency has to

SOLID SILVER

AND

ed

PUBLIC WORKS IN HONAN

Wharves To Be Built Along River Bank

A

COM-

WOMEN HELP

to *imes,

Your Daily Smile!

Soom

FORMED

SOME GREAT MEASURES WERE

ALSO CARRIED THROUGH

(By H. C. Bailey)

London. ¡determining forces

of the

Was

Many Important. Measures But throughout those busy

and

rearmament.

right way all that great orators can do. There was the night, years ago, when he hushed the multiplying by 10, had rubbed out the House to a thrilling silence with decimal point

his speech on the horrors of air Kow, Alfred," she said, "where is warfare. Nobody who 28 the decimal point?”

"On the duster,” replied Alfred there will ever forget that. (Continued om Page 10)

is fago When the railroad was first The thing that might perhaps bailt, the unprecedented high pay strike our visitor most would be Chinese labourers attract the advance made by the Chinese

and people, who have achieved much.THE Parliament of 1931-1935 future of the Empire, is the coolies meny

Even new scheme for the government brought such 2 ferment inte It was an accepted fact in the old has made history.

That vast measure, were ex-the forlorn Mrs. Gummidge) of India. the Chinese Empire, that it caused days that the Chinese its overthrow. It also brought tremely prejudiced against the parties in it,. Socialist and with its hundreds of clauses de-

examination, Russia into confict with Japan. West and its ways, but thanks to Samuelite, have had to admit mauding many days of labor- gave. # The Russo-Japanese War of 1904, the efforts of our "goodwill am-this, however vehemently they ious

this prejudice has deplore the accomplished facts memorable demonstration of in which Russia was defeated,bassadors,”

What was called in the King's the efficiency of our Parliamen weakened the Czar's throne until been, to a very great extent, over-!

Speech of 1933 the "clear and tary procedure.

mandate" of a. Domestic legislation The engagement is announced it was unable to resist the Red come.

To give all credit for this happy emphatic of William Andrew, second son Bevolution a decade later. While

a majority abundant. One session was of Dr. W. H. Mackinlay and the it brought disaster to two empires, state of affairs to any particular majority of 500, Plate Mrs. Mackinlay of Redcar, the railroad advanced a third em-section of the community would without precedent or parallel mainly occupied with the Un- anot only be grossly unfair but was a mandate of unfettered employment Bill. All sessions, Yorkshire, and Sheilah Mary pire. Japan, to the status of

also entirely wrong. There is fo discretion, of complete confi- have given nights and days to only daughter of Mr. and Mrs. C world power. W. Jeffries of the Royal Obse-rs-! The_Chinese_Eastern Railway doubt that many of the misunder dence in the National Govern-housing and to agriculture. has recently been sold to Marcha standings that existed were cleared ment The intentions of the The full effects of these mea- kuo for 120,000,000 Yen (US.SS5,-through the medium of Sport, for electorate may be summarised sures are for the future.

it is on the field of sport that in the old Roman formula, "Let In the last debate of the Par- Sir John Simon !000,000).

East and West mix as one family the consuls see to it that the lament

summed up one side of its work united to achieve one common ob State takes no harm."

First of the tasks was the in the unchallengeable conclu Jec

re-establishment of the national sion that: finances. Success in that Every test whether indus- alone, considering the dangers trial production, exports, or re- of --- unemployment, To begin with, it was the school in which the country had been duction boys who took.

the involved by the blind folly of showed this country in the last. rown-ups merely taking a little the Socialist majority in the four years improving at a rate nominal" ore understands that

interest in the results. Gradually storm of world economic de- which outstripped all others in whatever it is one can't get it.

this spread to the grown-ups them-pression, would have made theja return to prosperity. The professional dealer inj

selves and finally to the women Parliament historic. Canton, To-day.

Foreign Affairs money holds the field, and the Public works have

been -con-folk, with the result that the fair unfortunate public is left to

It has achieved much more four years Parliament has been realise the truth of the paradox siderably increased in Honan re daughters of Cathay were

mingling with their sisters from Roads have been

occupied with that money, as something solid cently. that one is expected to work structed and the banks of the river the West and gradually learnt It has reformed the fiscal sys-continually for, has simply ceased to exist strengthened. Plans are ahead to their ways and ideas, which they tem to which the United King- foreign affairs, with disarma

small slowly but surely adopted.. To-day dom had clung through good ment

are times and bad for stnost a Nothing in its course, has been That there may be good reasons build several large and

Insular Free Trade, more remarkable than its for a certain shyness in quot-wharves along the river banks we have Chinese ladies who ing a firm rate may be admitAbout 48 wharves will be con-highly qualified to take their part century.

in the everyday life of the Colour for free imports, has been found steadiness of feeling and pur- pose in these matters. It has ted but that is poor consola-structed.-Neutral News.

and, while all credit cannot justly wanting and condemned.

It has brought us to a new always realised their profound tion. We know only too well!

be given to Sport, it must at least

No debates on be acknowledged that Sport economic era in the organisa-importance.

the bar-tion of the Empire and of the jother subjects have been more wait until the big currencies are strikes and riots, and a dis-originally broke down

largely attended or more earn- have decided at what point they location of trade through theiriers; and so to Sport all honour. whole world.

Another piece of work of the estly followed. are going to come to rest- or arbitrary change made by de-

1931 Parliament, which by Mr. Baldwin has in his time BEAUTIFUL ENAMELS at least between what two cree in existing contracts. And

about admission of all parties will said bitter things points of high and low they are in spite of all this effort gold: going to oscillate —— and in the is still leaving France for New

certainly have its place in the oratory. This Parliament has. The soldier was about to be court- meantime one may take a look York in what is described as a

martialled for desertion, when the history booles and among the heard him doing in his down. round to see what is happening severe "haemorrhage." One ship offres defending him pleaded that the in the main centres.

alone last week, the Cunarder (defendant in civil life was a plumber, Essentially gold and silver are Alannia, took $4,000,000 worth and that he was only going back for simply commodities that can be The French Bank rate has also his bayonet

He was acquitted. bought and sold like any other been raised more than once. In When any country shuts off the spite of resolutions passed re-

Correct inflow of other goods by high cently by a congress of Bank- tariffs, it contines the trade on ers condemning the ridiculous blackboard, and, to show the effect o without besitation. which the exchange rate can be laws that produce such results, calculated to so small a total of there is not the slightest sign

variations become of Europe goods that

recovering

its steeper and steeper, more and balance more rapid. Noticing this, caù- The case of China depends Hicus people begin to buy gold even more directly on the

and silver, not to trade with, vagaries of irresponsible polî-| e (but to board fill better times ticians. Had the silver standard come The necessary result is been kept in use while the price that the price goes up, and the of the metal was higher than amount of the metal available the level justified by trade the for use becomes less and less, whole of the silver in China while the amount of money in-would eventually have left this vested in active trade also be part of the world to be shut up, comes less This, is true even like the gold, in American if the gold is deposited in cellars. The Bankers, whether Banks from which it may be in the North or the South, were withdrawn suddenly. That sort in favour of using banknotes of deposit cannot be safely in-based од trade and not vested

The American Banks silver, and a common · system find themselves in the absurd would have been a very strong position of having gold worth uniting force. Unfortunately £1.960,000,000 to look after, this did not suit the policy of and being able to use only a Japan, and in all this talk of small proportion of it. If this "autonomy" the point of reality process should be continued in- is that Japan wants to estab- definitely, till all the world's lish a currency in the North gold got into the same custody that will be identical with that it would be worthless, because of Manchuria, and indirectly by that time the rest of the linked with the Japanese Yen world would have given up So long as no exchange varia- using gold as a reserve for curtion complicated transactions, rency altogether. Yet there is the result would be to encour no sign of any change in the age trade with Japan and to current yet.

discourage trade with Shanghai Belgium devalued its currency and the rest of China some time ago that is, in- If trade alone were the ob- creased the amount of Belgian Ject, in the sense of enabling money that has to be given for the ordinary citizen to buy a bar of gold, and immediately what he wants as cheaply as trade revived, because gold was possible, the bigger the area thereby reduced to its value which has a common currency. as a metal instead of retaining the better, and from that view its articial value for the sole point the best scheme would purpose of exchange with the have been for Japan to come. United States and France. Hol-into an All-Eastern currency. land has been on the verge of Any committee of experienced following the same policy, but bankers could have arranged has decided to hold on as long such a system, had they been as possible by raising the bank thinking of industry and trade rate which restricts business, instead of national aggrandise and cutting down salaries and ment. As it is the only thing publie kaewhich Inflicts we can hope for is that Canton

restricts industry, will make a working

SILVERWARE DEPT.

LANE, CRAWFORD, LTD.

NOTICE.

12th November, 1935.

Owing to the sudden fall in exchange we regret we are reluctant- ly compelled to raise our prices as from the above date.

CALDBECK, MACGREGOR & CO., LTD. Telephone 20075

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FromBall

BORNEMANN

Prince's Buildin

kena dias with Shanghai to

cheme of could conforme

zer like our

Ca

*

The teacher had written 9%.7 on the

"BELIEVE IT OR NOT? by

Robert L Ripley

THE

FAMOUS

*PIYOT

YABLANCHE

WAS THE ONLY MARINE

TO DEFEAT JACK DEMPSEY FOR THE WORLD'S TITLE

(MDDLEWEIGHTS

Ax271899

HOT A MARINE

Dr E Barry Denny

OF LINCOLN

ANSWER TO QUESTION: WHO"

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