1937-12-27 — Page 10

THE CHINA MAIL, DECEMBER 27, 1937.

For every

Festive occasion

Pyeri

- mixes

BEST with good spirits

THE SPARKLING MINERAL WATER

Added Attraction HONG KONG and PENINSULA HOTELS

Midnight

Follies Under

The Direction of

A. Volsky

and

Szita

&

Anis

1937 1938

In a Galaxy of Colour and Conviviali

See the Old Year out The New Year Welcome int

Our Popular New Year Carnivals

HONGKONG HOTEL New Year's Eve ... till 3 am.. New Year's Night

2 a.m.

and Special Tea Dance in the Roof Garden New Year's Day 5-7.30 pm.

PENINSULA HOTEL

New Year's Eve ....till 3 a.. New Year's Night -

2 am.

REPULSE BAY HOTEL New Year's Eve till 3 a.m. and SPECIAL TEA DANCE. New Years Day 4.30 to 6.30 p.m.

Fancy or Evening Dress

Phone Managements for Reservations

HONGKONG HOTEL

PENINSULA HOTEL

REPULSE BAY HOTEL

30281 58081

Str

#London

Garric

Street

To Contributors.

self-sufficing willing to make con- munications intended for cessions to the other for the publication should be addressed to benefit of the whole and for the the Editor, and be accompanied by benefit of each other. Though the Writes

inot

Name and

for

as a guarantee of good faith.

One Year

6 Months

3 Months

*HE$35.00 HARSIS.00 HK$ 9.08.

Pastage Abroad Extra Hong Kong, Monday, Dec. 27, 1937

BRITAIN AND AMERICA

there were concessions, tariffs were still maintained at a high rate, even our own and other pre- ferential tariffs. The preferen- tial policy in the extreme form of Ottawa has served its pur-- pose; it has helped to banish de pression and so put prosperity on its road. Its main drawback is the antagonism aroused in some other nations who felt that, al- though they took Empire pro- ducts, their commodities entered Empire markets on unfavourable Little has been heard lately of terms. A British-American pact the proposed trade pact between would then mean a rewriting of Britain and the United States. the preference policy so far as Interest has been more sharply goods are concerned which may concentrated upon the prospects also be obtained from Americă. of a political association more America recognises the necessity clearly defined than has been the of preferences, but asks that it case during past relationships, should be exercised in a manner an interest likely to be intensified unprejudicial to her own trade rather than otherwise by the with Great Britain. Compliance tone of the Japanese reply to with the desire of America would

trade the Panay outrage protest necessitate freer Nevertheless, the economic un- the Empire.

If Great Britain on her side derstanding remains very much

in the mind of both countries, as slackened her preferential policy witness the statement by Mr. towards the rest of the Empire, Cordell Hull that the pact, if it what concession would be given is concluded, may be the pre by the United States? Although lude to a larger and more exten- the fact that formal negotiations sive plan. This is the unofficial are to be opened after protracted answer from the United States informal negotiation is an indica to the suggestions which have tion of confidence in the conclu- been put forth that the proposal sion of a treaty, it is well to be- is aimed at the Fascist-Nazi bloc cautious of the outcome. As the Two hopes have their origin in Bound Table" point out, in the the negotiations which have now treaties which the United States been in progress for more than has concluded with her industrial a year. Any drawing together nations in Europe, namely, Bel- of Great Britain and the United gium, France, the Netherlands, States, no matter what the sub and Switzerland, no great will- ject, would bring nearer the rea-ingness on the part of the United a States to allow greater freedom lisation, so long desired, of thorough understanding on all in the entry of industrial pro- international matters among the ducts has been shown. Success- If ful agreement can only come English-speaking countries. so much could be accomplished about through mutual sacrifice, of and though sacrifice might mean the way for the inclusion other nations would be the eas- some immediate loss, peaceful ier. The more extensive plan commerce, which it would ensure, which is envisaged in the United would be an ulti ste gain. States embodies proposals for

* *

Two Indian visitors of remark-

monetary stabilisation, access to In Town To-night raw materials, limitation of armaments, and a war debt set- tlement. Negotiations concern-able gifts are reported to be on ing trade have naturally priority, their way to London. One of of them is described as a pandit because the other matters negotiation envisaged cover a who bends iron bars with his wider field, and for the proposals eyes and can see blindfolded." to be effective all the great na-To be able to see when blind- tions must be included. Treat folded is not much of a feat, any les concerning disarmament and number of people have claimed monetary stabilisation would only to be able to do that, and some be successful were all the prin- of them practise the art regularly. But a man ipal Powers to stand together on the music balls.

bars by eye- If the war debt question is re who can bend fron vived, agreement must be reach-power sounds a much more-for- ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ed by all the creditors and debt midable fellow. And even a

The Hong Kong & Shanghai Hotels, Ltd.

TOYS FOOD-MONEY

URGENTLY NEEDED ΤΟ HELP CHEER THOSE KIDDIES AND FAMILIES WHO HAVE NOTHING FOR THE CHRISTMAS.

HELP

THE POOR

Ls acting in concert, otherwise dangerous one if he loses his a just settlement could not be temper in a traffic jam he might achieved. Especially is the wis crumple a bus up by merely con- dom of separating war debts centrating his destructive gaze from the trade negotiations ap on it. parent from the outburst which

The other promised visitor. has occurred among the "old from India "eats snakes and. guard" of American politicians, also makes a speciality who are determined not to let lowing a steam roller to roll the matter rest.

his body. It is not stafa many snakes he has to ore he feels himself wo

the steam roller pitch.

ugh for

A trade pact between Great Britam and the United States would probably cut dire across the Ottawa Agreement, would though not necessarily

THE HONG KONG BENEVOLENT SOCIETY across a policy less substa

IT ICE HO

STREET

preferential Ottawa attempt to keep within Ere maanam (bounds all the trade that co

possibly be so confined

ence or of

would probably

that even

ter