1923-05-09 — Page 3

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HONGKONG DAILY PRESS, WEDNESDAY, MAY 9, 1928.

'MR. WINSTON CHURCHILL-

A' CHARACTER STUDY.

Lord Riddell is writing a series of character studies of living celebrities in John o' London's Feekly. The first deals with Mr. Winston Churchill ;---

RUBBER NERVES.

A VIEW OF THE RUBBER

- SITUATION.

We have heard, says the Straits Times that, because rubber is below to cents, pessimism No man has been mora criticised than is creeping over a considerable part of the Mr. Churchill. Some people excite ori- Malayan comménity. They see it at 25 cents, ticism, and he is one of them. To repeat in the past and cannot be persuadel that il Princess Bibesco's clever epigram, "Winston digs up his faults and throws is not in the future. Whether we can re them at you, whereas most people leave store-equanimity to these troubled souls we The details of do not know, but restriction, which has given you to do the digging. his amazing career are well known. As us an average cents per lhs on the un yet only fifty, he has played many great

restricted rate, has a good deal to Suht parts soldier,

coupons, newspaper correspondent. against. There are forged author, painter, erator, aviator, politi- these, thanks to efficient administration, cian, Cabinet Minister, and all with dis have not had much effect, and forgery tinction. His was dispatches were brily cease to pay, There is smuggling on liant. Before he

be lud very big acale, and strong measures, we written one of the best bio in the all events, we may be able to

believe, are being concerted against A language and sold it for £9,000. He curly made a reputation as a speaker. How in Malaya and then s a. Cabinet” Minister at thirty-two, For eighteen years he has taken a leading of the storm centres in British politics. part in national affairs, and has been one What are the qualities which have made it pessible for him to a these arent things!

WAN

First, his undoubted courage.

our

rabber,

uld n

by

crip

Coin-

rought in again boldly anif our public nuctions. Above all, however, there is the simple fact that every minn get the biggrocsibly could. Consequently. thought of his own interest and strove to

· standard · production" certificate he the standard production nbart 80,000 tons the biggest

on of Malays exceeds the Malay Peninsula has ever prodne d Secund, his mental and physical energ“

that ga

logot under restriction. In towards explaining the He is supposed to be delicate. His high, rate of export pallid face, slue to white skin, and his spite of all this, we believe that the system stooping shoulders are ́misleading. I will preserve the industry from destruction, fact, he is strong and muscular, with a sad nothing has been more gratifying than vigorous and relient nervous system, 10

to see the perfectly sane view which the real- which enables him to stand great strain ly able busineur men of America have taken adid bear heavy mental burdens,

of our policy. They know that when Third, his industry. He is a prodigious,modity price falls below the cost of produc- painstaking, and tireless worker, with an tion, the means of producing tha commodity active brain for planning, scheming, and will naturally and inevitably shrink. Als

it is impossible to contriving. Before he rises in the morn they know that

increase the supply

of rubber as rapidly ing, he covers page after page with his the supply of most other neat handwriting, and this is only the prelude of his day's work. But he is per cent of the power to produce

rabber 201 Malaya were lost, energetic physically as well as mentally almost an absolute certainty that, long Such strenuous recreations as polo appeal before new plantations could be developed, to him, and he was for some time a there would be a desperate ruliber fanine, enthusiastic aviator. He is an omnivor with prices mounting into the teens of mus reuder, with the art of picking out shillings as in 1910. Also they know that, books that matter and the things that when the famine cang, America would be matter in books.

the heaviest stiflerer. If restriction saves all the planted area it serves America quite as well as it serves Malaya.

Fourth, his magination. His teeming brain is full of original ideas about all sorts of subjects. Nothing is too great or too small to engage his attention.

Fifth, his logical power His mind eventually logical: and he is always ready with evincing arguments to support his proposals of to defeat his opponents.

Sixth his rhetorical powers. He is a master of rhetoric, or the art of arrung. jug, arguments so as to suit the purpose in hand,

Seventh, his power of words. He has

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As long as there is a hugo stock of rubber in the United Kingdom, and at the end of February the quantity was 78,933 tons-- more by about 2,000 tons than at the cor responding cats a year ago-as long, we say,

that huge block of undigested rubber re mains, there will always be liability to nervousness and a tendency for prices to go down. Actually it is less of a menace than it seems. So large a part of it is under American control, that it should be counted

a passion for sonorous phrases, and canus American rather than English stock. But wake works glitter on the page like dia- monds. In short, he has the rare gift of style. He will take any paina to find the right word, and when he hears a new ono that takes his fancy will carefully store it away for future use.

Eighth, his remarkably factual and vor- bal memory, enabling him to remember dry facts or to reel off snatches of poetry, prose, er popular songs.

it is not very easy to carmark it or to say when it may be cast upon the market in order to nuke u better market to buy in Let us briefly repeat nur Ex planation. A wants to buy ten thousand tons of rubber. He dumps five thousand tuns of his own stock upon the market ant price promptly slumps, whereup juomptly buy back his dump and the ten thousand additional tous he is in need of Vinth, his sense of humour-

It. be made a highly profitable game, Tath his condoms in himself and with a Central Selling Agency, which will and until we get a superior organisation This opinions. Politicians regard them

selves as social doctors, A doctor who iminate all weak holders and be in pos has no confidence in his remedies is rarely session of full and accurate information success, and so it is, I suppose, without demand and supply in all parts of the world, we shall never quite get away from the effects of it on our business. There is just one sound course to pursue.. Linny well be naked how it is that soit is to stand loyally by the Stevenson. gifted a man clocy nut enjoy universal

system, and elimite by drastic measures Confidence. The answer is that some against forgers and smugglers all risks of

We commented

few days ago him as too impulsive. The judgment of an the position of American tende. The a politician is, however, a highly contro popular view, as far as the rubber trade versial question, is critics think him 14

politicians.

WHAT WINSTON LACKS,

PUBLIC le distract his judgment and regard leakage.

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always wrong and his admirers invariably oncerner, is that demend will be briak.

writer L6) that over 11,000,000 cars right. Unfortunately, there is no im-are in use and that 3,000,000 new cars will partial tribunal to decide. We can only be libilt this year. Therefore," he says, at leave it to history, but even historians least 40 million tyres will be wanted, or a may not be impartial, or, if impartial, million more than in 1022" The same may not know the facts. When all is writes mentions that the boot and shon muld, judgment is largely a matter of trade is very notive and "will run a full experience, and most people with strong ticket all through the year in order to re-

while have to make their mistakes new stocks." While we do not "anticipate

mathematics.

are

is too prone to rely on logical argument in some quarters we have very little He takes a set of facts as he sees them, doubt that 1993 will be a better year

than necessary to bear and argues with great and convincing its predecessor. Ail it is power to a conclusion. But, as we all wind is that we, on this side, have gambled know, the practical affairs of life take on the assumption of a very big trade. The strange and illogical courses. Practical production on the standard of 1910-90. Stevenson Committee fixed 60%, us the rate of problems differ from mathematical pre Actually

working on positions. There is usually the one fact theory of

production Ear exceeding more, and the feasibility of human ex- periments cannot be gauged by logic or that figure and the individual pro- ducers are doing their very atmost not to help the policy of restriction which is saving them but to get all they can for themselves. Nothing could more conclusively demonstrate the futility of hopes built upon & mere voluntary system.

seeking to promote harmonious nod mutually advantageons effort, the industry presents a panorama of self-seeking scramble. We are for the industry, but very much more we are for the country, and it is for the country's sake, above all, that the Stevenson policy, mast be

From the point of view of Eugenics, it would be interesting to analyse Mr. Churchill's qualities, in order to endea. vour to trace them to his various dis

tinguished ancestors. A descendant of law and Governm with all the authority of

the great Duke of Marlborough, he is the Fon of a brilliant American lady, "and to her great physical and mental vitality be no doubt owes much of his remarkable vigour. Mr. Churchill's conception of the State in characteristic. He is all for England-British trade and British tigo--the things that mads Use Empire Safeguarded.....

happiness and con-

He is also foralises a well-fed, woll-

tentment. He

housed people with a á gallant, intellectual,

and debonair upper class, presided over by HONGKONG SHARE MARKET

the Royal Family and a benevolent, all-

hand.

wise Government. He loves the drazn and pageantry of life-brave deed some men, beautiful women, and clover people who have done great thing or who he thinks, have the rapacity to de them.

In private life Mr. Churchill has great qualities. He is a loyal and sterling friend and a delightful, amusing com- panion. He is blessed with a most charm- ing wife to whom he is devoted, and be is an admirable father who takes the keenest interest his children's educa tion:

One of the most interesting political problems of the present day is: "What is Mr. Churchill's futurs 7'

Irish traders regard with alarm the Free State Government's decision to im- poza 33.1-3 per cent, ad valorem duty on large classes of British goods imported into Ireland The opinion is expressed that in the case of motorcars the duty means the handing over of a monopoly of import to the American manufacturer.

CLOSING QUOTATIONS..

May 8th, 1923. Hongkong and Shringhai

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THE

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At the request of several patrons, the Macagesent is prepared to quote rates for a limited number of rims on the folwing Imsis as from the 1st June, 1928-

2 Persons $400 Per Month.

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