1923-06-06 — Page 2

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IMITATED

PRODUCE OF SCOTTIS

Perfection

MANY.

THE HONGKONG DAILY PRESS WEDNESDAY, JUNE Öre,

BY

PERFECTION SCOTCH

EQUALLED BY

NONE.

SOLE AGENTS -

GANDE,

PRICE

WINE MERCHANTS,

Tel. Central No. 135.

No. 8, QUEEN'S ROAD CENTRAL.

HONGKONG..

[183

SIGNOR MUSSOLINI.

ACTIVITIES BASED ON TWO SOUND DEMOCRATIC PEINCIPLEX"

[FROM & SPECIÁL CORREAPONDENT TO,

"THE DAILY TELEGRAPU.") Italy is moving swiftly from the ass the same sort of alyss into which Mr. Snowden and his friends would like to pre cipitate us The political situation in Italy

ECCENTRICITIES OF NITROGEN

VALUABLE RESEARCH WORK

thomann -

The importance of the possibility of pro- ducing nitrates from the air and of increas ing the efficiency of the internal cumlus- tion engine is such that the contribution to the subject anade recently by Professor Bane and his colleagues at the Royal Society will la receivil with very keen interest. They ich certain saves exphate at such have been andying the conditions is therefore a peculiar interes; for us. Signor Mussolini's success has not been enormpies pressare, as through the hallat-box. This would make: ne despair of demoernes I were not so vinced that his action is but the fareful of a national red. And we must expressing that the Leuliaus has a great dove for strength, physical and intellectual: Alus did is in talist of the ltalians, one of the men when the peninsula prostures at rare intervals to express the quintus sence of national inspirations. Fascism would

kemympheres, or what would by exerted by a rolunu of quick-siber standing well over if a mile high, and has obtained some

De results. new and remarka

atri with oxygen a When hydrogen is misest

En forms water the highest pressare reached at a certait, interval of time, and the misture cools off after another interval of time. If these gases are mixes with other or uitzogen, the results obtained ary similar; the dehy easel is only what would expected by the fact that they are diluted!

1923.

P.&O.BANKINGCORPORATION

LIMITED. (INCORPORATED IN ENGLAND 1920) with which is affiliated THE ALLAHABAD BANK, LTD.,

INDIA.

AUTHORISED Cartirai SUBSCRIBED AND PAID ÜT ... RESERVE FUND

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£5,000,00×1 £2,594,160 EDONC

HEAD OFFICE 122. Leadenhall Street, London, BA1, 3, .

WEST LONDON BRANCH 14-16, Cockspur Street, London, SW. 1. »

EASTERN BRANCHES: Roulay, Calcutta. Karachi, Madras, Ciamis, Singapore, Hongkong and Shanghai,

RUSSO-ASIATIO

CAPITAL (FULLY-PAID) RESERVE FUND CAPITAL CONTRACTED

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Societe Generale pour Favoriser le Dovalopperaent du Commerco at de l'Indas sie en France.

PARIS: Societe Generale pour Favoriser le Developpement du Commerce et de l'Indus

en France.

Paria et des Pays-Bas,

trio

BAL Generale pour Favoriser l Developpement du Commères et de l'Indus trie en France.

have certainly been born without him, but ar 7 as to dilute them, such as oxygen, The Corporation undertakes General Banking Yew York: The Irving Bank-Colambi

it was his genits which shows the right moment to strike

If hydrogen is present in small quantities the explosion takes place in a way compar able with that of oxyson and hydragen. excess of carbon woxule or nxygen, or of

if

I

and Exchange Businessot every description and in addition to its Branches has Agencies in all de principal Cities of the world

C. CHAMPKIN. Manager.

92, Des Vox Road Central, Hongkong.

THE INDUSTRIAL AND COMMERCE BANK LTD.

HEAD CFFICE: York Building, Chater Road Hongkong BRANCHES Shanghai-1, Kiangse Road. Hankow-British Concession. CORRESPONDENTS IN: 1 London, New York, Chicago, San Francisco, Vancouver, B.C. Honolulu, Singapore, Penang, Tientsin, Swat w, Macao, Canton and all Com

A few days ngis, opening the congress of

When the attempt is made to exploie cir the Clunteers of Commerce in Rome," Mis soliti used the works; “Me govern my ben muide and oxygen to for carbon This on his part oxide in the presence of a little hydrogen. Government." uegalomanis or disloyalty to the Kin, For similar time values are obtained, but if the we know that Musselmi lagally accepts the hitherth supposedly inert gas nitrogen is min added to the mixture, the moment et maxi- monarchy Bat he us the word @ CO., LTD.

in the sense that he feels himself to be

mum pressure of explosion is very greatly part of the delayed the esplodel gases did very much Batimately s why, while more slowly, and wane nitric acil is formed. Italian enti

entity. This Massolini is swinging upwards in its bril-

My swift liantly

ፖ 1163 voices raised to acna hit. vf well wrking ambition, aut

ht

pursing personal advantages. To julge Mussolini the statesman it is better not to see him personally, but to interview Italy, Thus van one discover how far reaching is entive of upstional life by his

In the course of the researches of the personality. This penetration is sirke, not

a few same series as the present one, Mr. Hay.mercial centres of China and abroad, by a

PROMPT SERVICE. fuit

wood lost his life durough an explosion of by spectandar

Attmetive rates for all kinds of Deposits a tide i numlarless signs, each per the apparatius, but the theoretical results

AVAS notInquiries are welcome slicht in itself, in every social pland described show that his life

T. H. MAL Compare with the uselessly thrown away in every path of

1963] Results that have imarsdiate practical situutit six this

it is not. tlant

have been obraitusi In or that connection with the nitrate industry, for

DAIRY FARM NEWS

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THE GENERAL COMMERCIAL CO., LTD.,

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Sole Agents for Hongkong and thina

[836

W.

P. SIMPSON

(LATE OF DISSIEROS.)

TAILOR & BREECHES 'MAKER

has opened Business "at

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Queen's Road Central.

DRUGS

2nd Floor.

PRESCRIPTIONS

[785

When the Doctor prescribes he expects the Druggist to all the prescription with Pure Drugs. The quality of our Drugs, Merlicines and Toilet Goods is not surpassed. Have the Doctor's Prescription filled here and the result will be

atisfactory.

THE PHARMACY,

THE RED BUILDINA (OPPOSITE Ice Housa ST.)

the

7112

is used, the explosion occurs pa von difions comparable with those of hydrogen.

PRACTICAL APPLICATIONS.

have gone up of pellie pros-application

wagas increased coined abroad the lesson has been learnt that the nitrates,

great successes have been

It is that the whole tone of nationed lite has prorel, and that its pulse has settle down to a calider and stringer rhythm.

TWO DEMOCRATIC PRINCIPLES.

:

"

as invaluable to agriculture us tiny noe ti the manufacture of explosives, can be ob tains by small scale prosection. Informa of considerable value has been its for those stalying the theory of

Manawar

"

SMOKERS' CIRCLES

13

Get them at the

Trast Company,

SAN FRANCISCO The Crocker National Bank

ef San Francisco.

"BIANCHES IN ASTA!

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HONGKONG BRANCH:

Interest allowed on Current Accounts and Fixed Deposits. Terms on application. Faci Bills discounted,

Foreign Exquare on the Principal Cena o the Work! bought and sold.

R. A. RODGERS,

Manager

537]

THE AMERICAN "EXPRESS CO.. INCORPORATED.

HEAD OFFICE. NEW YORK CITY.

INTERNATIONAL BANKING-SHIPPING-TRAVEL

Eighty Offices are established in the Principal Cities of the World to provide Commercial complete World Wide Banking, Shipping and Travel Service,

Mussolini's activities are used on two the internal combustion engine.

The first is, sound democratic principles.

Professor Bone suggests as an ex plan- HONGKONG CIGAR STORE, LTD. Organisations and Private Individuals with that the living generation in a nationtion of his observations that the nitrogen owes respect to the traditions, of the molecule resounds like a tuning fork) to explosion. generations who have passed away, and the earl on monoxide during thas that at the same time it must.

its preserve inheritance for those who will come after This implies placing the interests of Italy before

those of living Italians, an upholding of the causes of pure

which in modern Europe is to

ed to be overshatown by the

The application of interests of the day. this principle gives Mussolint the mora right to demand sacritices on the part of his fellow citizens; also the right to refuse them material advantages because of patriotic considerations for the future welfare of

the State..

The Fascist leader's second principle is that in a democracy only those ar fit to

cuunge

the who have

ts Stars up for thir, principles-behind a man's vote is a man's life. His democratic idea has ne place for faint-hearted ones, that they will leave their dwel

KIL

so delays its rapidly reaching its maximam effect, but when this as bren attained it delays the cooling of the gas because it then releases the energy it has

absorbed.

THE PRESS AND INDUSTRY.

lustry"

and enjoy comforting

A clean smoke,

183

When in doubt about your eye

.ו ין

or your glasses

Consult

CHINESE OPTICAL CO.

Eye-sight Specialists.

Speaking on "The Press arti to the Technical Section of the Institute of Tournalists, Mr. George J. Wardie, at one time Parliamentary Secretary to the Minis try of Labour, snl vice-president of the Industrial Leagre and Connell, sakti that of the after forty years experience Labour and Capitalist Press he unhesita- 67, QUEEN'S ROAD CENTRAL, tingly afirmed that was little to choose virtue or the between then, either as regards

There was vision and comge in just as there was narrowness and bigo- th the whole, the ideal of The servant

oksite.

when the ballets cense whistline and the slave of none" was the general

promuste

lin past the door, This vital condition Mussolini tn threw his active following into the tray without allowing the votes of a form carateris ic of the British Press. The Press less majority to be counted against them. was a highly developed industry in itself. But me express once more muy belief that aral it was to its own interest Lo from the first, Mussolini was hacked by the those movements which had for their object

majority. For

For the harmonious working of industry as sympathy of real national the Fasciati are not up the wide such as the Industrial League and

its of several

Council.

The Industrial fur-

Leagie actise elementa

Council was out n Capitalist or Labonar ward by a common neer, unted while this neat muluris. The best dodge. It was a genuine attemps of both prod of Mussolin's success is that, after six sections in industry to gr questions solved FinFiths f unspectacular preparatory work, by mutual agreement and discussions. In the nation calaily permits him to go un, and this movement the Press could play an im is clearly convincel of his ability to curry portant part. out his constructive programe

anil

fa judging Italian domestic affairs ex- perience has taught me to watch the Vati can, Geographers, when mapping a country, male and unade by blood and steel, one need fixed points by which to connect their does not see where Mussolini's activities. observations. The Vatican is one of the fixed could have failed. But in our time of con

ian plicated financial and economic relations triangulation points for mapping the Italian situation; for the Vatican thinks in Mussolini cannot avoid having to tackle centuries, while ordinary politicinus and it problems foreign to the knightis spiria uf He has been lucky in das respect ditesit to think in yents. People in the

found it 14 finding and giving his conlidener to an inner circle of political knowledge

minta--Professor de must significant that just before the Fascist extraordinarily able march on Rone the Vatican saw it to dis- Stefani.

a connection

Trofessor de Stefani, Minister of Finance, sociate itself from too intimate a with its erstwhile. favourite Popular party. is homo novis not only in pelities, but to This was done in a direct

rect and uncompromis Italian society generally. By her force fashion, Mussolini's success was in ne- of previse knowledge, of the subject he conlance with the provisions of the states- pushed his way to the chair of crunomics of Padua University, where his lectures men at the Vatican, whe

give

were appreciated for their sound imparial to Fasciam in its present form a clear ran

The

be of at least three

1 subject. treatment of

fa controversial years.

is a tween Mussolini and the

At the election of 1020 the Fascists mude constant and an intimate one. If Mussolini their first appearance in the Parliamentary has not yet seen the lope it is perhaps pot arena. Too weak to stand alone, they made because is does not desire the meeting Whatever happens, the Vatican will mind the eternal legeling iles of its poleg to keep the Church from from local com- mitments. But thing can save the Catholic Popular party from being absorbed in the tide of Fascism,

who

V

SWEEPING REFORMS.

HOW

بانيا

A

and

"block" list of candidates with the keep

i Nationalists. The Fascists of Vicenza ap proached Professor de Stefani with an offer to stand for them. After muture rositler- ntion, he consented, but refused to be He stood includert in the "block" list.

"Fascist, pure on a list of his Lawn, as

His electoral address was an example of stern truth-telling, and abusu of the electorate. I have said already tint the whole tone of even of Italian life is calmer and stronger. On the which nevertheless returned him at the purt of Mussolini there is very little top of the pull. Mussolini's appointment of paudering to public opinion. In the name him to be Minister of Finance came as a matter the whole of Italy's future he calls the people to surprise for that swallow muy a bitter pill. While the Mussolini Ministry G AN A

surprise to German Government, in a worse partiju,

been very stund. He began by reducing | n hj,1 has not mustered the crage to many. The first steps of de Stefani lave of the servants of the the staffs of the Ministry of Finance and tluse régime, Mussolini is sweeping them out in of the Teasury, later algamating

which for andreds and thousands. Five hundred departments into one, a step tribunals, in which judges, and barristers twenty years had been recognised as neces- took up each other's time and spent the ary, but which notty hard had the courage country's money on a few paltry cases, to undertake De Stenni has inauguraturi have been closed in one morning.

policy ut movement away from

There is one quality in Mussolini which State control, a policy of decentralisation, augurs well for his political future. Ila which is now being put into effect in

directions. If anybody can save Mussolini, las the rare faculty of being able to delegate large portions of responsible work whose knowledge of things financial is to other people The absence of this ability limiterl, from the anancial burks lying in await to exploit Italy's need for industrial af many las destroyed the career

improvement and social development, it will prominent statesman.

be de Stefani.

Afussolini should never be judged by his The question on which the fate of Musolini will be decided is finance. If he foreign policy. There he is out of his depth. had lived in that blessed period of the An Italian of the Italiana, his mind is Italian Renaissancy, when industrial concentrated on domestic ailairs. His reign influence was non-existent, when railways, cannot be eternal While it lasts it will be posts, and telegraphis were unthought a great boon to Italy, and will open the way ul, and when international credit was

to a period of well-balanced national (Continued at foon of next column.) expansion,

Hongkong,

CÓMMERCIAL LETTERS OF CREDIT. DEPOSIT AND CURRENT ACCOUNTS

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DIRECTORY AND CHRONICLE

07

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AN EXTREMELY USEFUL" 'BOOK.

Writing from Singapore, under date March 31st, 1922, Sir Godfrey Thomas, Private Secretary to HE‚H. THE PRINCE OF WALES, #iya :—

SI, I beg to acknowledge the receipt of your letter of the 23rd instant and am desired by the Prince of Wales to thank you for the copy of the 60th annual edition of ""THE DIRECTORY & CHRONICLE YOR CHINA, JAPAN, THE STRAITE SETTLEMENTS, ETC., ETC,," which His Royal Highness has beer pleased to accept, and which will be extremely useful during the remainder of the tour.

The Managing-Director,

HONGKONG DAILY PRESS, LTD.,

Horaxoxo.

Yours faithfully,

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(Private Secrétars.)

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