1924-01-17 — Page 3

Page

SPECIFY

S. K.

K. F.

BALL

BEARINGS

ON ALL MACHINES YOU ORDER.

Wcan supply Bearings for all kinds of Machines,

POWER SAVING. NO HOT BEARINGS.

SELF ALIGNING

REQUIRE LESS ATTENTION.

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD

Tel Contral 230.

SOLE AGENTS FOR HONGKONG.

Address: 3, 'Queer's Buildings.

THE "STRAND"

PHONOGRAPH.

THE HONGKONG DAILY PRESS, THURSDAY, JANUARY 17TH, 1994

Built by America's Foremost Mechanicians, the "STRAND" in the Latest Creation in the Phonograph Line The following are but a few of its Outstanding Features:-

1-It is built of the Best Materials to withstand the climatic,

conditions of Tropical Countries.

A

-It is Artistically Designed and Beautifully Finished 3.-In Tone is Found and Full-surprisingly Life-like,

4-It plays all kinds of Disc Records, including Pathe and Edison

without Change of Attachment,

To think of

Call for Demonstration at the

OKEH STUDIO,

8. DES Vaux ROAD CENTRAL (CORNER OF IN HOVER STRIIT). TEL. No.-GISTRAL 4403.

SEA-GRASS and RATTAN FÜRNITURE - that will give you the Utmost SATISFACTION in every point of EXCELLENCE is

to think of

'DO BE CHAIRFUL" "COMPANY

51. Queen's Road Central.

Makers of Furniture, the QUALITY of which bas long boom accepted by knowing Fursiture-buyers as the STANDARD OF MERIT.

PIANOS FOR SALE OR HIRE,

TSANG FOOK PIANO CO.,

TEL. 2127.

Tal, Central 2313,

94, WAHAI ROAD.

P. Box 630.

MADELINE PEARSON

AFTERNOON AND EVENING GOWNS

OHARMING HATS AND FLOWERS NOW SHOWING:

St. George's Buildings, Ice House Street

Next

tto Cafe Wiseman),

BICYCLES

Telephone LADIES, GENTLEMEN'S OR TANDEM

5711

FOR HIRE OR SALE. NEW YEAR SALE

Boys and Girls'. Bicycles Just Arrived.

HANG LEE CYCLE CO., 20, HUTRONG Boi, KOWLOON

Next to Palace Hotel,

Telephone "K711.

THE COST OF LIVING IN GERMANY. HARD LOT OF THE WORKERS! HIGH PRICES CREATED BY TRUSTS,

A special correspondent of the London Observer, writing from Berlin, saysı--- There has beets tane talk in the papers during the last few days of a full in food prices, but, except is the case of mest, it is not yet noticeable. Meat prices are frons thiny to fifer per cent, lower in gold marks than a week ago, but still much Gold prices higher than before the war, of other foodstuffs are only very slightly, or not sell, reduced. ·

old

ני

The new Goy ornment has had difficulties in regard to the renewal of the emergency powers which Inped with the resignation of the Stresnana Cabinet. The two- thirds majority of the Reichstag BELTY for their renewal depended on the support of Socialists, which was secured by consent of the Government to consult a commcities of fiftees members of the Beich stag before taking any measure under the emergency powers, Opinion in the Socia list Parliamentary party, however, is sharply divided on the question, and the vote the emergency powers WAS decision

party meeting by a rather carried at the narrow majority,

FRENCH TRADE BOOM.

The statistics of French foreign trada The explanation of what reduction there published by the Customs Department has been is that now that the printing of show, according to the Journal Oficiel, the old paper marks has ceased, and ren- that the value of imports for the first ten to 25,521,000,000 tenmarks and gold ban certificates are be months of 1923 amounted to

against 15,5 predominus currencies, tragies franc, as the

15,509,000,000 francs id coming

the

of

án in- 1002, corresponding perio! non have taken off the augmentations made to protect themselves against pas cream of over 7,000,000,000 francs." Im

At the

prets of raw materials alone show an meat in the

paper they have Lime,

th g¢v* 49

crease of 4,800,000,000 francs. The value BATTLE

axports amounted to 24,378,000,000 pount for payment in rentenmarks

is gold

franes, as against 17,376,000,000 francs, loan certificates, si that the gold of

Ex prices is more apparat than rol, cept an increase of 7,000,000,000 francs.

n. raw

materials ports in the caves of mest prices, which had been raised, without any reason, to a level 2,700,000.00 frans, and thest of

factured articles by 2,010,000,000 franes. which it was impossible to maintain.

A comparison with the first ten months of 1013 shows that French imports have increased by about 191 milliards in valus and by over 8,950.000 tons in weight, and French experts, by about 18 milliards in value and close upon 2,000,000 tons in weight.

The question of the cost of living now pre-occupies the great majority of Ger mane to such an extent that it is difficile for them to take an interest in any other. The general cost of living in gold prices was on the average during the last half of November about forty per cent, abose the pre-war cost, and is now at least fifty per Fast cent. above it. (In.)

In my message chasing power of a present wage of thirty gold

weekly should bare road.

THE

·"gold" about twenty marks, not ten).

of necessary foodstuffs, which the

محمد

POSE

week the equivalent pre-war Reneral pur. C. E. WARREN CO., LTD.

marks

workanal san buy, not including meat, are about 150 per cent, above prewar figures, but the general cost of living is krpt

"down

by rent

SANITARY ENGINEERS, MONUMENTALISTS, &o..

OFFICES &198A, Wanchai Road, GODOWNS.

non, which almost anihil T. No. 269..

For instance, the cheap- est workman's dwelling in Berlin, which cost before the war 3. ed. weekly, cost in November ofle-halfpenny works. Rents, however, which are fixed monthly, have been considerably increased in gold value this month, and will continue to be in- creased monthly, with a view of a gradual return to prewar ates. The cost of liv ing mat, therefore, increase unles prices fall.

4,000,000 UNEMPLOYED OR SHORT TIMERS.

Nevertheless an attempt is being made to reduce wages on account of a trivial The reduation in certain food prices, minimum weekly wage necessary in Ber- lin before the war for the barest possible subsistence of a married couple with two 60 children under ten 38 99 marks pfennig, of which the present equivalent in graeral purchasing power is about 13 gold marks. Fox, if any, Berlin work- men earn as much and the whom of the great majority are far below that um.

It is estimated that there are now about. four million mon in Germany out of work or working less that fall time. In spite of assertions to the contrary, made to ex cuss the present cutrageously high prices, the cost of production is no Ligher than in England, and probably lower. far coal is no dearer than in England, and wages are far lower.

The truth is that high prices are largely

due to monopoly of the home markets by

HONGKONG.

-

JUST RECEIVED.-A New Stock of LOWDOWN FLUSH CLOSETS, Nickel Plated, στι Brass. BATH ROOM FITTINGS- Soap Dishes, Tumbler Holders, Tooth Brush Holders, Towel Bails, &c. Opal Tumblers, Opal Towel Rails, Mirrors, Glass Shelves, de. Brass Canopied Interior Gratés, Cook. ing Hanges, Filters Soil Pipes, &c. Estimates Free for all Sanitary Installations Heating and Water Systems. Monumentalists in Italian Marble, and Hongkong Granite to Own

or Selected Design.

A Large Stock of Artificial Wreaths.

[1408

A NEW PIPE

for the

NEW YEAR

see the

FINE ASSORTMENT

at

trusts, which sell abroad at lower prices HONGKONG CIGAR STORE LTD.

at the expense of the German consumer.

that

I have come across to-day an example of the power of trusts. The laundry charges

Berlin in

Dow exceed any

I have known in any country. For example, the charge for washing a pair of pyjamas is hall a crown. Certain laundries that have tried to charge less have been threatened by

the soap trust that their supply soap would be cut off, and have been obliged to turn to the unjustifiable

the prices fixed by the tariff of

trade The amazing thing is that so many people seen able and willing to pay any prices.

When in doubt about your ayas

or your glasEGE

Consult

CHINESE OPTICAL CO.

Kyksight Specialista.

however exorbitant, with the result that 67, QUEEN'S ROAD CENTRAL

trademen can compensate themselves for the reduction in the quantity of goods sold by the high profits on each transac- tion.

- TIL RICH FEW AND IMPOVERISHED MANY.

The explanation is that whereas the majority of the population are in extreme poverty, a minority is richer than before the war. This minority consists of the Juskers, or rural landowners, who have paid off their mortgages in poper

marks; the owners of

the great indus trial

the bankers, the whole anle

capitalist tradesmen, and the

Schieber," as they are called, who have made money by currency and other speču lations. The depreciation of the mark, which has ruined the great majority of the German people, has made the fortunes of this minority.

The financial policy of successive Ger- man Governments has contributed to this result. For instance, the rost restrictio law has actually been hitherto applied to all business promises, with the resuls that banks, commercial houses, and tradesmen making, large profita have had rent of a for pounds, or even shillings & year, while they bare paid starvation

salaries and wages, and have almost entirely

lad

taxation,

ion, thanks to the incapacity of the Government. Nine-tenths of the

tho

vid of the German income tax are pro 'by: tea per cent, diducted from and wages, most of which are so

would be entirely exempt. There can

be no doubt that the German nationak izd

incom per head of the population, although lower than before the war, is now $. good deal higher in gold value than it was, even a your inb and that much of the money now being profusely spent by a minority of the population is derived from savings invested abroad,

25 MED AT low that in England ther

Thend facin should not be made an ex- case for refusing to help the starving people in Germany, the sight of whom misery makes life bere profoundly depress ing, but they show the necessity of making financial control the condition of and ex taran? finanofal amistance. For the purpose of stabilising the Currency.. and putting Ger man, national france on a

a pound basis. Such assistance is urgently necessary, but it would be useless if it were entrusted to the men whose financial incapacity has allowed things to come to this pass,

Hongkong,

CA

WEAR IT

OF COURSE YOU WILL, GIVE OUR

DRY-CLEANING

SERVICE.

A TRIAL FIRST

THE MOST DELICATE FABRICS RENOVATED WITH ALL THE ORIGINAL BRIGHTNESS OF COLOUR REVIVED.

TEAM

LAUNDRY.

HEAD OFFICE and WORKS: YAUMATI, TAL K 82. · HONGKONG LEPOT: 1, Stanley Street, Tel 1979.

61, Praya East. KOWLOON DEFÖT : 19, Canton Road.

KOWLOON HOTEL DEPOT. CANTON: 18, Sharki Central, East.

SEND FOR

MATSUMURA,

6, 'Arsenal Street, Hongkong. DEALER IN GENUINE

ART CURIOS

Ancient and

Modern

Successor to Nikko

Artistic Gold, Silver, Bronze, Damascene, & Lacquer Wares, Satsuma Percelain, China Tea Services, Embroideries, Silk Lampshades, etc.

GREAT REDUCTION SALE

ALL KINDS OF LADIES' FANCY GOODS.

including Bwatow Dawn Work, Canton Embroidery, Hand-made Laces, Ivory-ware, Beaded Works, etc., etc.

DON'T MISS THIS OPPORTUNITY,

.

CHINA DRAWN WORK CO.

(YUEN CHEONG)

40, Queen's Road Central.

YE OLDE PRINTERIE, LTD. PRINTERS BOOKBINDERS, ETC. 14 QUEEN'S ROAD CENTRAL (Nam DooK TO LALXUS).

V. O LABRUM, Managing Director.

S. O. A. E. O.

THE FAR EAST OXYGEN AND ACETYLENE CO., LTD.

Prophylactic

DIALERS and MANUFACTURERS of Oxygen, Acetylene, Carbonic Acid, Ammoniac, Anhydrous sulpurous gases, Carbide of Calciam, Motor Cycle acetylene tanks, and all necessary equipment for low and high pressure autogenous welding,

Autogenous welding of all metal by Czy.Acetylenic and

Electric proORRENT,

Prom

Boiler Repairs a speciality.

"Apply Ho, 20, Des Vœux Road Central, 2nd Floor,

Tal. Central No. 2344"

rodiling at moderate prices of all kinds of Motor

Orale sootylons tanka;

Tooth Brusda

The one with the popular repo- tation. Your dentist will tell why?