1922-09-05 — Page 7

THE HONGKONG DAILY PRESS, TUESDAY, SEPTEMBER STE, - 1922.

WORLD THEATRE

Hongkong's Most Modern and Coolest Picture Falace.

TO-DAY 5.15 p.. ind 9.15 ..

WILLIAM FOX presents TOM MIX

in

WESTERN BLOOD

The Greatest Cowboy actor in The World. Thrills and Romances on the plains.

2.30 & 7.15 p.m.

{ EILEEN SEDGWICK IN THE GREAT RADIUM MYSTERY.“

י

Episodes, 8 & 9.

USUAL: PRICES.

BOOKING AT THE THEATRE.

CREDIT AND DEBT.

BRITISH CHANCELLOR'S OPTIMISM.

CANNIBALISM IN THE CRIMEA,

POET'S TESTIMONY, The Lord Mayor and the Lady Mayoress garu the customary banquet to meet the

Maximilian Voldshin is a Russian poet Chancellor of the Exchequer, the Governor and Directors of the Tank, and bankers and of distinction who during the whole merchants of the City of London" at the revolutionary period has lived in his Mansion House ou July 20th

cottage near Theodosia in the Crimes After the loyal tounts, the Lord Mayor, Known before the war as a writer of to the Public Purso cold, decorative verse, Voloshin has besa proposing Prosperity ant the Health of the Chancellor of the moved by the play of elemental forces Exchequer, said there were few subjects that he has seen around him during the of greater interest, if not anxiety, at the last few years to write remarkable poems present time than the public purse. How full of deep national feeling poems that far that purse could be stretched without will live as an expression of the emotions breaking was a tople people lind been con- of this time. stantly discussing for the last two or three

question that, perhaps, more in keeping with that gathering was how far the sacrifices which the people of Great Britain had made in the way of heavy and burdensome taxation had been justified results. He ventured to say that to-day the credit of the country still higher than it is twelve won the

British Government securities hear.) were e higher than they had stood for some considerable time. That might be due partly to stagnation in trade, but it was also due to

yea

returning conscience. The pound sterling to-day in its relation to foreign currencies had risen considerably in valae. In America,

I

INDO-CHINA

STEAM NAVIGATION COMPANY, LIMITED

KOBE

BAILINGS, SUBJEUT JO "ALTERATION

BANGKOK via SWATOW TSINGTAU via SWATOW

& SHANGHAI... SHANGHAI

TSINGTAU via SWATC

& SHANGHAI MANILA- SANDAKAN KOBE

HAIPHONG HOIHOW TIENTSIN

SHANGHAI

2:06

*FOOKSANG*

"KWAISANG"

"TATSHING* "YUSANG"

D.L. Wednesday, 6th Sept; Wednesday 6th Sept, Noom,

...Wednesday, 6th Sept, Noon.

Thursday,

7th Sept

"FANGSANG " ... Friday, "YUENSANG"...Friday, "HINSANG" ...Saturday, KUTSANG" Sunday, "MINGSANG" Tuesday, "CHEONGSHING "Tunday,

TSINGTAU via SWATOW

..."FOOSHING " ...KUMSANG "

"LAISANG*"

Noc

8th Sept, Nooi

8th Sept

8pm

9th Sept, No 10th Sept, DI 12th Sept., D.L 12th Sept., pazię

During the civil war he has moved ficely, and independently among all parties. Once he travelled from Odessa to the Crimea in a boat manned by Bolshevist sailors. One morning when he was translating a sonnet of Heredia ha looked out of his window and saw Deni-ALOUTTA LINE — This Line affords regular linge de Calcutta, Pensky and

press tops landing on the beach. The present terrible state of the Crimen he described in a letter published in D. Moscow weekly in Jube.

The sitention in the Crimea is catan-

STRAITS & CALCUTTA KOBE

KOBE ***

***

*** ** NAMSANG “

Wednesday, 13th Sept., Noon. Monday, ...Thursday, ...Tuesday. 10th Oct,

24th Sept., 3p.m.

8th Oct.

Nooo.

Noon

Bingapore; returning from Calcutta steamers proceed via Straže and Hongkong to Japan, occasionally calling at Shanghai, All steamers have excellent passenger accommodation. fitted with Electric Light and fans and carry a fally-qualified

trophic. The streets in, the towns recall SHANGHAI LINK-Saling the plagues and famines of the thirteenth

for instance, it risen from its lowest century. People half dead frem star-

hail

point tu 444 This, with a debt to America

vation crawl and sit about on the pave-

men b The groans of the dying" are MANILA was a matter heard from behind Fences and yards.

approximately every three days between. Canton að Shanghai, sometimes calling at Swatow, Through tickets an be obtained and through Bill of Lading are famed Sorabera and Yangtze Forts via Shanghal.

LINE :-A weekly service is maintained with Manila by vesznia with good

passenger accommodation, sailings from both ports every Filday

of nearly a thousand millions Govern | Dead bodies are lying everywhere in the| HAIPHONG LINH Ôliner approximately weekly for passengers and

of consiremble trend nenus

ment was hard at. work!

THE EAST ASIATIC CO., LTD.,

will

COPENHAGEN.

The M/S. PERU"

be landing for MARSEILLES. ST. NAZAIRE, DUNKIRK, ROTTERDAM, AMSTERDAM, HAMBURG, COPENHAGEN

and other SCANDINAVIAN PORTS, About 6th September.

Further

Sailings.

M/S. "Indien "

M/S. "Asia" M/S. "Panama " M/S.

Malaya"

Expected or

or about

4th October. 15th October. 26th October.

اليوم

Will leave for above

ports on or about 26th September. 11th November. 22nd November: 2nd December.

Subject to change without notice. For further particulars plesse apply to:-

MANNERS & BACKHOUSE,

Agenta.

LTD.;

KONINKLYKE

PAKETVAART

MAATSCHAPPY.

(ROYAL PACKET NAVIGATION CO. OF BATAVIA) THE STEAMSHIP

VAN OVERSTRATEN ".

will be despatched to

SINGAPORE & ̋BELAWAN-DELI Direct.

let Class Fare to Singapore :—$100.~.

This vessel offers excellent cabin accommodation for saloen passenger: Single and double cabins. Wireless Telegraphy,

Fer Freight and passage apply to:-

of cutting down expenditure, and, with gradual reduction in taxation, it was hope demand would be stimalated, which in its turn would cause a revival in cur import and export trade and help to solve the problem of unemployment. Before we could return to anything like prewar prosperity, however, there were grave problems to be solved. It was never trunr than it was to-day that the commercial and industrial life of nations was 'ko interwoven that they lepend ed upon each other for support, and no one of them could suffer without the others feeling it. Our English banks were beyond praise. (Hear, hear.) They were amongst the safest and soundest insititutions in the world, and it was through them and other lealing financial institutions that aer inter national trade was carried on with, such conspicuous success. (Hear, hear) During the war the banks faced problems that hail, never confronted them before.

While some countries were employing the

press to their own.raid, the ne printing

y of the Bank of England note was intact. (Hear, hear.) Today he was, told there was 20 per cent, of gold ar the bank of England for every" anknote in circulation with the public. No wonder nr lanknote had preserved its negotiability, (Hear, hear.)

Inny

in

streets and no one removes them. There BORNEO

It

are no gravediggers in the cemeteries. **Cannibalism was once a myth. has now become a reality. Sausagea made of human desh are sold in the bazaars; they are, of course, confiscated. In the village of Malaia Turakhia in one TIENTSIN day ten cives were discovered of the murder of children in order that their BANGKOK desh might be sold to the starving, and four cases of lynching of cannianls. the same day in another village half the body of a child was found being boiled in a kettle.

Од

To know such things makes life 'un- bearable. Cannibalism is extending with amazing speed. It has come to this that mothers kill and at their own children. A few days ago a doctor was called to

village to examine a piece of salt ment and discovered that it was the flesh of a

boy. He had been killed in the presence of his younger brother."-Times,

was sure nothing that was of value could be achieved.

We had our own obligations, and we should meet them to the full. ((heura) Much more money was owing to ty than we owed to others. All we owed

our own country was contay outside i

in

The Chancellor of the Exchequer, respond ing, and speaking of the importance of banking, said at the recent conferents at Genga it was decided, in order to deal with

not for intricate questions of exchange and currency, ourselves, but for others. The debt we now owed to the United States was to set up a committee of bankers. would if dae course meet in London, and

and contracted entirely on behalf of our Allies. he had great hopes of the practical results But that made no difference whatsover to the conference. In revent times it va our obligations. (Cheers) We should not

to solve the difficulties which

seek to avoid payment (Cheers) We had d the Allied untions 1 connection done more to meet our obligations out of with the reparations to be paid by Ger the revenue of the year than any other it by

certain num-country calling together

the warld (Cheers. And her of Allied bankers. Their assembling was for that reason that our credit stood so dic

not prove an entire success, but he high. In spite of our vast army of was certain that before that question came unemployd and labour unrest, the country to a final solution some such assembly was steadim today than it was immediately would

be required. (Hear, again

after the hear)

armistice The foundation of year ago. he gave an undertaking so do his our future prosperity had been steadily utmost to reduce the expenditure of the laid. They could see by the reports of country. He was now in 4

to just Labour conferences that a great ify himself to a certain extent. During laat had come over the minds of the people. year

they had succeeded in reducing the longer did the Communist creed appeal to estimated expenditure by sixty-nine ni- any great Labour organisaton of the coun lions, and the estimates for the present try (Cheers) Financially, we were in a

far sounder year represented a sum which was less than

position to-day, than we were It was built upon the the capital cost of the supply services last three years ago. year by 172 millions. (Cheers.) The most pupu-integrity in bones, unces. We had paid of our people and lar man in the country was the one who was constantly shouting for economy in the off-siner the armistice over £200,000,000 of abstract: the most unpopular man was ho our external debt, and now ewed nothing who ventured to propose economy in one. external except those debts which were single concrete instance (Hear, hear.) In contracted in order to help our Allies. the House of Commons whenever a proposal (Cheers.) Our Hoating debt was less by for economy was made, a host of enemies £400,000,000 than it was this time inst arose to defent it. Still, he would try to year. (Cheers.) He was to-day in a fur do all in this matter,, because he realisoi better position to face the future than was that the burdens upon the country were his predecessor. And to that great result. almost too great to be borne. (Henr, hear) no people had contributed more than the The only real method by which they could hankers and merchants of the City of be reduced was by effecting economy in kondon. (Cheers.), public expenditures (fear, hear.)

GERMANY'S POSITION.

sales of

"NOTHING TO REGRET,” Lord Faringdon, proposing the toast of We had been passing through great The Bankers and Merchants of the City vicissitudes, and it stood to the credit of of London," said the toast might well be During the

JAVA-CHINA-JAPAN-LYN the banks that they haul enabled many caled "The City of London.

Telephone No. 1574-

Agents.

ASAHI BEER

SPECIALLY IREWED FOR BAPORT

DAI NIPPON BREWERY CO.

LIMITED.

TOKVO, JAPAN

BOLE AGENTS,

MITSUL BUSSAN KAISHA LTD.

HONGKONG:

ย

disasters to be avoided. In his view thero past few years all truling operations had were indications that prices had touched been extraordinarily difficult. The sound- bottom. We had seen in the United States ness and jurigment of our bankers anil An upward turn which, he thought, was merchants had prevented a collapse such as very likely to be followed here. There was

dicker of a revival of trade, and underwear seen in other countries. As a com- mercial community we had never stood on favourable conditions they might confidently higher pinnacle than we did at present, predict that it would grow into flame. Bat no one could disguise from himself that and foresight of those who were our com- and our position was due to the sagacity the condition of Europe to-day gave rise mercial guides. to great uncertainty and anxiety. We had The Governor of the Bank of Englad, sen a great decline in Austrin, great replying, said they had had a storm over difficulties had arisen in Germany; and what the past few years, but no disaster had the ultimate result would be he would be a happened, and they had come to a position rash man to predict. There were people who to lay, three years after the Armistice, aid that the condition of Germany was with nothing in the phat to regret. No other entirely due to the fact that tix: Allies were people could say the same. That dinner exacting reparations which under the Treaty formed a milestone in the progress which of Versailles Germany was bound to pay we had made from the abys in which the That was a false view of the situation. The whole world fell. To get back to our old position was due, to some extent, to the pre-war position we needed, primarily, trule, fact that Germany had great debts to -as the result of the offensive which she we should never return too which she ought justly to pay-(cheer) but we also grievously needed credit and sta bility, and unless we got those three together our former position. took, that brought about the war from So far as stability was concerned, the position which all the world had suffered. But her had been grievous and disappointing Some present condition was due also to mach change had got to be made in our own interests which she had lone Herself since the war. and in that of the whole world. One principal She had adopted a system which had tended fact which for years past had prevented any to bring about the very dificulties from which material improvement was the enormous load she was suffering now, instead of taking of debt, which had arisen out of the war,

'bold

course,

ourselves did between the different countries, and antil perhaps in casier circumstances, but still those debts could be readjusted they in under great difficulties. Instead of an establishing the trade of the world and London would have no chance of ting a

COUSE Germany, continged She subsidised her railways and upon the easy path of least resistance bringing about that equilibrium on which the we alone could maintain our past ascendancy, food of the people, and she incurred great In the case of Austria, if it had not been obligations which she could not meet except for her debts they could have re-established by the printing of currency, with the result her, and if that was true of Austria, it that her credit greatly depreciated, and it was also true of other countries. What was doubtful from day to day how far the really wanted was for the Lord Mayor value of her currency would decline. He to start a Mansion

House

Fund-not was sure that it was no good dealing with for

злодеу от subscriptions--butto this matter any longer by artificial plans of enable people of all nations to cast apprely temporary character. The only their bread upon the waters.",

He was Bare way to meet the realities of the problem that each one who put his name on the was by forming in concert with our Allies Lord Mayors list would find his bread ro some comprehensive plan which would put turned Something had got to be done in the whole matter in a more or less..final this way to secure a readjustment of the position (Hear, hear) Short of that he enormous debts that were owing, or things

(Continued at foot of next column.) would go from bad to worse,

bold

Ba we

WIH

LAZUR

calling at Holbow when inducement offers. LINE-Fortnightly salings to and from Sandaken by two 1,000 was steamers L. HINSANG" and EL **MAUSANG" both steamere baring excellent passenger accommodation. Cargo saken of through Bole of f

of Lading for Kidat Jesselton. Labuan Tawna and Lahad Datu' LINEA regular service eran rom March 30 November between

Hongkong and Tienbein. calling a Welhafwel and Chefoo LINE-A weekly service is provided between Hongkong and Hangzak via Bwabow, by five steamere Skład with up-to-date passougue Accommodation.

CALCUTTA

LINE

er about

3.5. "KUMSANG" will be despatched on Monday, 25th Sept., at 3 p.m., for singapore, penANG & CALGUTTA,

Through Bills of Lading issued to RANGOON. MADRAS, PORT SWETTENHAM and DUTCH EAST INDIES,

For Freight or Passage apply to

THEPHONE NO. 115.

Jardine, Matheson & Co., Ltd.

GLEN

GENERAL MANAGERS

AND

SHIRE

Joint Service, of Steamers.

U.K.-STRAITS, CHINA & JAPAN SERVICE.

Vem! "GLENAMOY" "GLENOGLE"

"GLENAPP"

Vessal

"GLENSHANE " “GLENADE”

OUTWARDS.

HOMEWARDS,

Leavas Hongkong

Das Hongkong 10th September.

23rd September.

5th October,

"

Dscharges

5th Sept, LoDON, ANTWERP, ROTTERDAM & Hambu 24th Sept, GOL, LONDON, ANTWERP, ROTTEzdam & Haxsuza.

***Movements are subject to change without notice. Fer freight or farther particulars please apply to 1-

Jardine, Matheson & Co., Ltd. The Glen Line, Ltd.,

Telephone No. 215 rub-ez. 23 and tens

YAMASHITA KISEN K

KAISHA.

(THE YAMASHITA S.S. CÓ. L10:)

REGULAR FREIGHT & PASSENGER SERVICE

ZETWKES

KEELUNG, HONGKONG & HAIPHONG

Sailing from Hongkong. FOR HAIPHONG via Holhow & Pakbol

"HOZOI MARU."

on or about 14th Sept FOR KEELUNG via Swatow & ̈ Amoy

*TAIKWA MARU”

12.0.

For further particulars, ́olemon apply to

Branch Office He. 17 Bottram Strand, Wi

Tel. Mai 155.

ou or about 14th Sept

A MITARAL

op Floor, King's Balding.

1. No. 140.

AMBERLALU MEDICINE CO.