1937-02-24 — Page 10

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THE CHINA MAIL, FEBRUARY 24, 1937.

tions to make them see red...

The China Mail

y-first Year of Publication. Wyndham Street, Hong Kong

Telephone 20022.

London Office:

But, since the prevailing con- ditions leave everyone satisfied with himself and with everyone else, drastic changes are not called for. Thus is it assured that if and when a big figure

7, Garrick Street, London, W.C.2 should arise in the world of

Notice To Contributors.

British art the critics will turn

All communications intended for upon him with beautiful unani-2 publication should be addressed to mity and with their half-baked the Editor, and be accompanied by bricks make him hide his dimin- the Writer's Name and Address ished head. not necessary for insertion, but as a guarantee of good faith.

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Abroad -Betege

DEATH

BOTELHO On Tuesday,

23rd

Britain as a nation" gets much better without the big figures Mediocrity is more re- assuring, besides being much easier to live with

**" *

*

The Comedy Of Gold

It was not so long ago that Italian matrons were giving their wedding rings for their country; France recently de- Feb 1937, at her residence, valued the franc, and Germany No. 35 Granville Road, Kow has restricted the importation of loon, Melania Joanna, aged 83. butter, all to keep gold from Funeral will take place on leaking out Meanwhile the Wednesday, 24th February-United States, to which most of The cortege will pass the Monu- the world's free gold seems to ment at 5 pm. (Macan, Manila, be flowing, is embarrassed by its Shanghai, and Saigon papers abundance. please copy).

EXPLODING THE

CRITIC

Fearing that the influx might

Hong Kong, Wednesday, Feb. 24, 1937 result in an over-expansion of credit, the Federal Reserve Board last July increased by 50 per cent. the amount of reserves which banks must keep on deposit with the Reserve Banks. Now the government has attacked the The excellent Dr. Goebbels problem from another angle.

The Secretary of the Treasury, dropped a neat little bomb among the critics when he laid it down Mr. Morgenthau, announced the that henceforth, in Germany, no new policy. It consists of a one will be permitted to print change in the method by which opinions about a work of art the government purchases all unless those opinions are favour incoming gold. Hitherto the American government has ob- able.

But the idea is not so revolutained the needed purchasing tionary as the Nazi arch-propa-power by issuing gold certificates gandist may have supposed. Even against the gold it buys. These in this somewhat backward Go certificates, deposited to the gov- lony this has been the unwritten ernment's credit in the Reserve law for years. The same might be Banks, constitute a potential said in a general way of Great base for the expansion of credit. Britain. British art critics are Under the new policy, the gov- the most complaisant and com-ernment will borrow money to plimentary class to be found any buy the gold, and will then put inactive account, thus where. British music critics, it in an though they have their moments "sterilising it so that it cannot of acidosis, are also experts at produce a multiple amount of the distillation of the milk of credit.

Such is gold in the modern human kindness, and at refusing

to blast quite unpromising currency tangle.

* * *

careers.

Commons Humour

Mr. David Kirkwood's speeches

As for the critics of books, here we may safely say that Bri- tons lead the world. There is more swelled head among Bri-will in future be embellished from other sources than Robert tish authors, thanks to the in-

Burns dulgence and self-control of Bri-

Mr. Kirkwood recently dis tish literary critics, than is to be covered a 140-year-old volume of found in any equal acreage any Scottish proverbs. They are in

the Doric.

where.

We are asked to believe that Mr. Kirkwood understands the British Isles is producing them all. Many of them will imperishable masterpieces by the mystify the Commons. thousand; never was there such Eleven years ago, Mr. David a golden age of British litera-Kirkwood persuaded the Kitchen ture. You may say that many Committee of the House of Com- of the novels published nowadays mons to put-porridge on the Par are a disgrace to their writers famentary menu. He showed the and an insult to those who are chef how it should be made in expected to read them. But the the Scottish manner. The Eng- critics tell us that, on the con-lish concoction, he said was like. trary, each of these books has cement

not a single dull page," bears But the Scots have made an- the unmistakable imprint of other demand. They want her- gentus," "makes the reader wait rings cooked in the Scottish with impatient anticipation for fashion

boned, dipped the author's next book, and som

on.

longer is it the fashion crities to be

Dr Goebbel inspi

it is not

the

they should be