1937-12-21 — Page 6

Fage

THE CHINA MAIL

EMBER 21, 1937.

ECONOMIC PROBABILITIES

ALHAMBRA OF JAPAN'S WAR OF

NATHAM RD, KOWLOON-DAILY AT

ACTION

.TO-DAY AND TO-MORROW.

THRILLS

HE GEARED HIS LOVE TO THE PAGE

of his SPORT-

the wildust, fæstest:

gama la: tko vacida

LOVE ON WINGED SKATES !

Idol of the Crowds

AZEN #INVERSIE MIETIBE staring

JOHN WAYNE

SHEILA BROMLEY → BILLY BURRID RUSSELL HORTON HUNTLEY SORDON Screen play by George Waggner and Harold Buckley Directed. Arthur. Lakini A Two-Care Production:

AGGRESSION IN CHINA

Berlin, To-day.

The annual congress of the China Study Society, now going on here, is featured by two important lectures on China which have attracted much in- terest in the press.

First lecture, which was in the form of an analysis of the present campaign in China from the economic and financial angle, was delivered by the President of the society, Dr. Hans Schippel.

Dr. Schippel said the war had raised the problem of whether both countries, could continue the campaign for any length of time without committing economic sui-

THURSDAY THE MAN WHO CRIED WOLF" cide.

New Universal Picture

Barbara Read- Tom Brown-Lewis Stone

-

He said that the national income of China, as compared with that of Japan gave Japan the advantage, but on the other hand, China's financial reserve was greater, and

DO YOU WANT A MERRY CHRISTMAS? the campaign to boycott Japanese

Yes, I know it's a silly question. But I'm only trying to tell you there's no better way to start one than at THE CRAZY REVUE

HULLO HONG Kong

TO-MORROW

CHINA IN

9.15

OF

FLEET CLUB

AD

THURSDAY

SATYINGPUN CHINESE BOYS' CLUB (THROUGH TOC H)

and

NAVALS CHAPLAIN'S FÜND FOR SEAMEN'S WELFARE

Still some good seats left from $3 to 50 cents. at". Messrs. MOUTRIE and H.M.S. WESTCOTT, Ship's Office

ISAKO'S GRAND

CIRCUS

TRAVELLING ZOO

Chatham Road, Kowloon -

THE BIGGEST CIRCUS IN THE EAST Owing to the delay of the second steamer the

22ND

DEC.

GRAND GALA

OPENING NIGHT

Ís

22ND

DEC.

TO-MORROW AT 9.15 P.M.

MATINEES—Wednesday, Saturday & Sunday, 5 p.m.

300 TRAINED ANIMALS 300 Don't miss the Opening Night! BOOKING AT MOUTRIE'S

IF YOU ARE TOO BUSY TO WRITE HOME

Just Post a Copy of the Oberland China Mail which gives all the News there IS

Both Local and Coastal

DON'T.

cr-operation with Chinese banks, had undertaken many reconstruc- tion projects were among the chief losers, and he expressed the opinion that the war would lead eventually to weakening of both parties financially, that the ultimate settlement would have to be brought about through in tervention of strong capitalistic nations, such as Britain, the United States and France.

goods, which was making progress

LAST OBSTACLE in many countries, might result in Germany, because of her friend- a radical reduction in Japanese ly relations with both sides, was trade:

willing at any time to offer her Recent events had proved that services for assisting in re-establish. monetary stabilisation in China,ment of peace.

in any

which was the work of Dr. H. H In conclusion, he said that final Kung, was permanent fixture, selution of the war would and was able to sustain itself even case remove the last obstacles that during the crisis of war.

had hindered China's economic de velopment.

COST OF CAMPAIGN

The congress concluded with a reception, at which the special Discussing the actual costs of Chinese envoy to Europe, General the military campaign, the speaker Chiang Poi-li, was present-Trans- said that the conflict was bound to Ocean. cost both countries between three and four times their annual income achieved through ordinary mez- sures, and consequenty both would sooner or later be forced to obtain a. loan, or issue uncovered notes.

He expresed the opinion that the war costs could not be met in either nation through the proceeds of a loan, and that as a final pos- sibility, uncovered notes would have to be issued.

"THE TIMES" ON DELBOS TOUR

London, To-day.

The mission of the French For- eign Minister to South-Eastern Japan was endeavouring at Europe, is dealt with by "The present to avoid these difficulties Times" in a message from its Paris through strict economic control,

a problem which would be sim-correspondent and also a leading plified for China as she was article. more likely to succeed in obtaïn- ing foreign credit.

TEMPORARY LOSS OF

The journal discusses particular-

ly unofficial reports of a possible journey to Berfin by M. Delbos at the beginning of next year, and says that in official circles in Lon- don there is, at present, no men- tion of such a plan

SHANGHAI

Admiting that the temporary loss of Shanghai and the northern pro- The journal's leading article says vinces have been felt in China, the that a particularly happy angle of speaker said that in reality the M. Delbos tour was the visit paid economic resistance of the country to him in Berlin by the German was by no means broken.

Foreign Minister. The journal says He concluded by pointing out that not only Poland, but also Ru- that her vast expanses of land and mania and Yugo-Slavia, consider time were both factors greatly in that the best way of attaining co- favour of China.

operation with France would be The second speaker, the well-through Franco-German under- known journalist and Chinese ex-standing. pert, Herr Strewe, sketched the M. Delbos, says the leader, ap economic and cultural advance pears to have informed Czecho- ment of China during the past ten Slovakia of Franco-British uneasi- years and declared that the present ness about the German minerity pro-

Ocean war was catastrophic for China blem- from the economic viewpoint.

CHINA'S PROGRAMME

FRESH: FAIR

He said that the recent economic The Royal Observatory reported measures of the Nanking Govern- this morning that the anticyclone ment, such as regulating of river remains centred over China with an irrigation, organisation of agricul- extension eastward to the Pacific ture, improvement of highways to the south east of Japan; it has foreign trade, had been interrupted increased moderately in intensity.

winds, and must have suffered greatly

Localforecast

German industrialists, who in fresh, fair,