1937-03-03 — Page 10

MOLING

MOLINO

KREGISTERED)Z

SHERRY

A FINE, PALE, FULL-FLAVOURED WINE. Produce of Spain.

SHIPPED BY

WILLIAMS, HUMBERT & CO., JEREZ DE LA FRONTERA

Agents:

SPAIN.

A. S. WATSON & CO., LTD.

Wines & Spirit Merchants.

INSOLES OF HYGIENIC

DUNLOPILL CUSHIONING

ARE EXCLUSIVE TO DUNLOP

SPORTS SHOES

ODOURLESS

ABSOLUTELY MAGIEN,

FULLY POPOUS

ALLOW THE FEET TO

RETAIN THEM SPRING

OBTAINABLE IN THE MEN'S WEAR DEPT.

LANE, CRAWFORD, LTD.

G. FALCONER & CO. (HONG KONG LTD.)

WATCHMAKERS & JEWEET!

DIAMOND MERCHA

UNION BUILDING fopposite GP0.)

7 ADMIRALT

ROSS KELVIN'S ENGLISH SILVE

The China Mail

Telephone 20022

tion

CHINA MAIL MARCH 3, 1937

the

himself recently made an appeal for the lowering of trade barriers as a means to world peace, and asked for an

dham Street, Hong Kong.extension of the powers under which the United States has con- cinded fifteen reciprocal trade

ndon Office:

7, Garrick Street, London, W.C.2[agreements. American policy is

the Editor, the Wri

Name

as a guarantee of good faith.

Subscription Rates.

HK$36.00

One Year 6. Months Months

Hong Kong.

coming into line with that which for Britain has pursued in seeking

through bilateral undertakings to surmount the barriers to trade. The perils of economic but isolation have been a frequent

theme with Mr. Cordell Hull, but a change in the American.na tional view is likely to be a slow process. Swift transition from the position of a debtor country to that of the principal crediför nation, the impossibility, without 3, 1937 economic disaster, of collecting debts, and preoccupation with in- ternal æbles - have ? made

TOWARDS ECONOMIC Americans hesitant - regarding

CO-OPERATION:

new commitments abroad. Yet for the United States, as for other nations, there can be no Mr. full restoration of prosperity

without economic collaboration.

A Passport Question

Cautions as has been Walter Runciman: în all refer ences to his recent conversations in the United States, be longer maintains the pleas fiction that nothing happened On the basis of the summaris- there. His talks with Mr. Loose-ed version of police court pro- velt and Mr. Cordell Hull may ceedings on Tuesday in which a have been informal, they may Russian woman was fined for not have had anything of the entering the Colony without a character of “negotiations,” but valid passport, a curious anomaly they have led to the conviction was apparently permitted to that there is something to be arise. Although the woman was i "explored," and exploration has Russian by birth, she was in apparently resulted in some pro- possession of legal Chinese na- gress. The President of the turalisation papers, which pre- Board of Trade expresses the sumably entitled her to describe hope that as a result economic herself as a Chinese citizen. co-operation between the United In these circumstances, it is States and ourselves will be difficult to fathom the logic of facilitated. It is obvious that the prosecution. Persons of any large upward movement of Chinese race are not required foreign trade is impossible with-when entering the Colony to out positive measures. That is produce passports and although the lesson of last year, during the local ordinance appears to which the potentials of recovery make a distinction between one sted, but improvement on any type of Chinese citizen and an- siderable cale did not go other by referring to race and much beyond internal trade.

not to nationality, it would seem reasonable to expect that having A belief that co-operation could

acquired the status of a Chinese produce better results was the basis of the Anglo-French the benefits which that status citizen, a person is entitled to American Currency agreement confers. Moreover, the regul In the field of exchange that ar- tions lay down that there shall rangement has operated bene-be no conviction if the person ficially, but nothing like full ad-entering the Colony produces an vantage has been taken of its official document establishing possibilities in promoting trade. nationality Disappointment with its effect in that direction has been mark- rance, and has given rise to imomous debates on

and warnings of a

to come by M Flandım. which should have come to

tive

There may be good and suffi cient reasons for denying asylum in Hong Kong to any individual, Chimese or foreign Police in this respect is to be commend ed rather than otherwise.

France from the devaluation of But there are other ways of the franc and the compa

killing a cat than stringing it up steadmess of hange have on official red tape →→→ or pos→ been largely dissipated in an sibly of stretching a passport internal rise of prices, primarily regulation to a point beyond the because the French contribution stage at which it was intended to trade betterment was a very limited reduction of restrictions

to ga

upon imports. A belief that de Wig And Below

valuation mitself was sufficient.

to revive the

could not be read in

development of wo

trade

goods

tern

of an agreemer that linked

exchange, and provided

tion to

quotas and com

their about

ibilities he behind

that Mr

Lord Hewart said, in jest, the er day, that much of a judge, power resides in his full-bottom-

ed wig.

But beneath that

usually a

immense

fing and

there is rain,

facts,