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BANK OF ENGLAND RATE. „ CHANCELLOR OF THE EXCHEQUER QUESTIONED IN PARLIAMENT.
In the House of Commons on March" 4th (Mr. Churchill (Chancellor of the Exchequer) answered several questions with regard to the Bank, rate. He said. there seemed to be a general anticipation that, in view of the increase in the market rates which had been in opera tion since Friday, the Bank rate would now be raised It was a matter for the decision of the Bank It was not the practice for the Treasury to be formally consulted in these matters.
Mr. SNOWDEN (Lab-Sc. Colne Valley) asked the Chancellor of the Exchequer whether a rise in the Bank rate was con-
DR. SCHURMAN'S FAREWELL NEED OF ANGLO-AMERICAN
CO-OPERATIONS
INSISTENSE
UPON TREATY RIGHTS BEING MAINTAINED.
Dr.
Jacob Gould Schurman, the Ameri- caarigister, who left Peking on Wednes day to take up his new post in Berlin, was the garat of the Anglo-American Associa tion at a farewell tits given in the Grand
on April 8th Hotel des Wagons- Lits
large one, The gathering, an usuall was presided over by Mr. H. H. Fox, behalf of the who, in a neat speech, on
sincere regret at Association, expressed sin Dr. Schurman's departure and affered to bhim and to his family united good
templated, and if so, whether the Dov-on their jouney. Referring and to the i
ferminent had taken into account the man's surprising youthfulness
spirit of persistent inquiry that charne
Mid effect on trade 1
that ar felt terised him, Mr. For their guest might well adopt for himself the Latin motto: "I and nothing pertaining to the human He hoped that race is foreign to me. Dr. Sehurman's thoughts would some times turn back to Peking.
M. CHERCHILL: There seems to be in that. general anticipation
view of the increase in the market
rates
itt which has been operation since Friday, the Bank-rate will now be raised. This is a matter for the decision of the Bank, whose daty it is to take inté consideration si relegant factors includ ing those mentioned by the right hon gentleman.
Mr. SNOWDEN: While this is a matter directly in the hands of the Bank of Eng land may I ask whether the Trensary has been vonsulted in view of the ave
am +
DR. SCHÜRMAN'S REPLY. Replying, Dr. ScHURMAN gracefully re turned thanks for the generous and and for the kindly speech of my enthusiastic young trund, your Chairman," honour done him by the Association in
TAKE A PEG importance of this questing and its giving him a farewell titha
OP
JOHN BEGG
BLUE CAP
AND
GOLD CAP
DONNELLY
&
WHYTE,
TIL 696
effects, for good or evil, 'on trade and the financial position of the wountry Have the Treasury approved of this
course)
Going on to speak of Anglo-American | China, Dr. Schurman co-operation in said that from the material basis of their national lives to their spiritual apex the national stureture of both nations was if that were so, if their interests in and
Mr. CHURCH The right hon gepretty much the summe in China were leman vs perfectly well that it is not the practice for the Treasury to be essentially the same, they must have a formally consulted in these matters. The common policy. That common policy, as Treasury is naturally in close touch with he conceived it, was based primarily on their interests and, secondly, on their re the Bank of England, and 1 should cer tainly not suggest that Chancellors of gard for China and their sympathetic the Exchequer are not fully aware of the Soodwill towards China.
OPEN DOOR AND EQUAL OPPORTUNITY. general tendency of the policy pursued by the bank, but nothing of the nature of
Dr SCHURMAN said that the first ele formal consultation is usual, or necessary- ment in their policy was that of the and nothing of the nature of formal con
"open door" equal opportunity. They sultation has taken place on this ocen
did not ask for any exclusive privileges sion.
for themselfes, and wanted none also to Wak Is this step being have them. It was true that there Mr. SNOWDEN :
and Amgri- taken with the approval of the Treasury i
competition between Britans Mr. CurRCHILL I think it would be
cans here, as in other parts of the wa
honourable competition. inconvenient practice if the Chan-but that cellor of the Exchequer were to set a They (the Americans) did not, however, precedent for expressing approval or dis-want any nation to set up any artificial They believed is fair play approval of steps taken by the Bank of advantages. England.
LE:
Is
it
Mr. Barona (C., Hampstead); not a fact that in the past it has always SOLE AGENTS, heen the ease that the Bank rate has advanced in times a prosperity, and that we have had a low rate in times de pression i
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Mr. CHURCHIAL: I have not made the statistical inquiry which would enable me to give a full auswer to that question.
Colonel WEDGWOOD (Lab. Soc., New. castle-under-Lyme): May
and in the best man winning, and they did not eary the victor under other om uitions than them.
"
INSISTENCE UPON TREATY EIGHTS
There was also a duty, Dr. Schurman went on to say, to those who were engaged in altruistic work out here missionaries. teachers and medical men and this in troduced the second element of their po
insistence upon
treaty
rights The third element of their common
vaid
ask whether policy was, he studious respect for.
it was not the rumour that the Bank the sovereignty of China; non-interferencs rate was going up to-morrow that started with domestic interests which belong ex- this rise in meney, and whether, so long clusively to Chion as a sovereign nation, as we are of the gold standard, it is got Thus, said Dr. Schurman, pointing to the a question for the fovemment, as well recent fish boycott is Fouchow as a moral.
as for the bank, what the rate is to to adorn Bis tale, was not infrequently more difficult to carry out than it sound-
be!
Mr. CHURCHILL: I can see great difed. feulty in discussing matters of this extra- ordinary complexity at the end of ques- tion time. I certainly admit that they stable'
ECLIPSE OF BRITISH SPORTS. MR. L. J. MAXSE ON THE ÈFFECT OF GOLF.
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A ROMANCE OF THE TURF CRAMMED WITH A THOUSAND STIRRING SITUATIONS AND PACKED WITH LAUGHTAR: (A WARNER BROTHERS CLASSIC OF THE SCREEN).-.
STARTING
SUNDAY.
CONRAD NAGEL
ALMA RUBENS
13
THE REJECTED WOMAN”
YOUTH-PER-JAZZ-ACTION-LUXURY
-HERE'S A PICTURE YOU'LL LOVE.
WORLD THEATRE.
effective Government in FAMINE CONDITIONS IN CHINA. CANTON-KOWLOON; RAILWAY,
CINEMA NOTES..
WORLD THEATER,
THE SITUATION IN SHENSI "PROVINCE."
areas from quite different reasons. report which has just been received
SETTLEMENT OF THE STRIKE. ON THE CHINESE SECTION.
are matters which may well be the sub- anu was, Dr. Schurman, believed, the ject of Parliamentary discussion on some fourth factor in their common policy and Torcing to the of the opportunities which the faange was a pre-requisite of the other elementa.
he had mentioned.
international
The following account of the settle broader field of
co-opera of the year affords.
Mr. MAXTON (Lab.-Soc., Bridgeton): bro
The China International Famine Reliefment is taken from the Union Gazetter and May I ask what burden this change will tion, he said that they had here the rom-
mon interests of promoting peace
Since the strike started by the Canton cast upon the Treasury!
Mr. CHURCHILL, It would be imposs-righteousness, and anything which per Commission, Peking, write-
mitted a breach of world cooperation
While several provinces are suffering Kowloon Railway workers on the 8th ible to estimate what burden would be would amount to a criminal, bankrupter from the effects of the abnormal rainfall inst., only the special tin, for military
It was their manifest cast upon the Treasury unless you con of statesmanship- aider niso the possible burden which destiny to go on to promote, justice sad of last summer which caused serious adopting anyther course would cast unity and the highest objects of civilis floods and a resulting state of famine, service was kept running as usual from. reports from other interior points indicate Taishatau to Pinghu.. On the evening upon the Treasury.
that famine conditious exist in neighbour of the ath, the Chief Engineer had inter- viewed the Acting Generalissimo and by the Head Office of the China Inter-asked for instructions regarding the de- national Famine Relief Commission from A human dynamin is the page applied Stersi recounts severe distress in ten mand of the workers that the signature to the agreement, made before their return. vince due to drought, and another report The National Review for March can to Johnny Hines, the screen, comedian, siens in the northern part of the pro- of the Acting Superintendent be attached
is seen in his acting,
tu' work Lains the following in its notes, which, The reason
On the 10th, at 1 Pun Chun Yuan, as is well known, are written by Mr. Lespecially in Listh Johnny Jones his in the same mail shows that in Kweichow Jaust film, screen version of George province, due to the excess soldiery and J. Maxse, its editor:---
Golfers indignantly repudiate the sugM. Coban's play. He has managed to extensive cultivation of opium, "there is
than five months to the next Chep Keng Y, representative of the
Engineers Union met at the. Taishatan.. gestion that the eclipse of England in put more vigour and speed into the already a serious food shortage and it is Deputy of the Acting Generalissimo, and Station and called together the workmen, many international sports and pastimes situations in this rollicking play than aarvest.
It is
An investigation of actual conditions in
to Military
to the striker. Deputy, Pun, ice Department... North Shensi is now under way under the leadership of Mr. Paul L. Gorhin that the Acting Generalissimo had fixed of Shansi who has established beadquar: four, conditions on which the workers. ters for the investigation party at Sai should resume their duty; otherwise, the Quotations from his last report Government would be compelled to take follow:
the necessary steps in order to maintain traffic, and communications on the line.
The strikers replied that the mus uphold their rights as it is against their custom log a worker to perform the Jutice
inore
Te
瞭
is in any way ascribable to the rise and one could imaging possible.
Warner Brothers production, and is play- spread of their favourite hobby.
But they have some awkward facts doing at the World Theatre for two more In the first place, the days only. For the Grst time in their explain away, date of our relative decline in inter-distinguished careers, Alma Rubens and national competition coincides with the Conrad Nagri have been starred to, time when the British Press went golf gether. They will be acen in "The as Rejected Woman," which comes to the mad and began treating "putting
"I am still unable to announce to you a main duty of man, and made popular World Theatre on Sunday next for four-
days' tun... Sp
the completion of the survey of the ten heroes of leading goling professionals.
boicos in this area This is duc not only QUEEN'S THEATRE, Indeed, we have never been quite the
to the magnitude of the task, but also to size country since at more active and
"Camille," the Nazimovs production some of the physical factors involved athletic' games and d the thief hope of our
Mr. Chen Keng Yu pointed out the recovery would appear to lie in our com- which will commenon to-day at the Queen's Travel throughout the entire region mustafa lower position while in a bighoc eat. Folters catching the same infection na Theatre, where it is to be shown for 4 be by pack-animal or on foot. Some ofcult conditions of the traffic on the we are glad to hens is the case with the days, has been modernized for the screen the centres from which the workers have Americans who do nothing by halves, in an adaptation by June Mathis, who gone out in making the survey are 30 or line, and urged that this should not he and who are said to have Tarterly." gone wrote the continuity for the Rex Ingram 80 li from the nearest post office or postal made worse on account of a slight differ-
Department. on golf, with every prospect of production for Metro of "The Four agency. Even some district cities in this ence as the reduction in their wages dotty altimately spoiling their lawr tennis. Horsemen of the Apocalypse" and "The area have mail service only every five would he made good by the. War Service
A second suggestive fact is that the Conquering Power" In playing the days. only two nations who now-a-days can Dudas heroine, Nazimova follows the However, at the beginning of this hut up a serious fight for the Davis Cup tradition that has led nearly all of the month I think it hest to send you the against the United States are Australia great actresses to give it a place in their results of our investigation up to date and France, in both of which we beliere repertoire; the tradition of Bernhardt, as now every day's delay in beginning the younger generation concentrate on Eleanora Duse, Clara Morris, Rejane, relief brings us nearer to serious disaster situation fully to them.... running games and eschew the great Medjeska, Laura Keene, Olga, Nether. Out of seventy reports from nine hsient
have received to last night fifty-ed by the workers, and the service was
wp sola and Ethel Barrymore. walking game.
The story is about a young Parisian three reports. These Sity-three reports resumed on the 11th. Following are the A result, whereas since the war- which was at one time regarded as a law student, Armand Duval, who loves have been tabulated as they have come four conditions fixed by the Acting comprehensive explanation England has Marguerite Gautier, known as Camifte, in and we sad that there are a total of Generatissimo: produced very few first-rate tennis play-a notaricus, beautiful woman who aban- 108.00 persons listed in our Classes 11-Out of the sixteen conductors, four- ers, both France and Australia possess dons her Parisian haunts and decides to ned II. Class L means the totally do brilliant, and even wonderful post-war live simply and unobtrusively with him.stituto, either now entirely out of food Jittle players, only second to the American Armand's father, anxious for the family or with but a few days' supply. Class
honour, prevails on her to leave his son. II. means those whose condition is holders.
Indeed, it is doubtful if the Austra-Camilla consents, returns to her, cabaret better, int who are living under famine that is, on famine rations, conditions
with but lians are second, could they arrange to night life, but is deserted by her friends conditio
Slowly, she instead of normal rations,
of such food. Almost limited
supply put their best team in the fold, viz., Mr.when illness attacks ber. JU. Anderson, Mr G. L Patterson, sinks to poverty and neglect and at Jass Mr. O'Hara Wood; and Mr. J. B. dies, happy is the thought that she pre-fifty per cent, of the above number are Hawkes as there is some prospect of vented Armanit from raining his chances in Clans I. These 108,863 people are in3.The reduction amounting to 24.80 their doing this year. We should be of a career. Before she dies, "Armand,840 families. About one half of them amazed to learn that any of these great has learned of the sacrifice she made for are adult men and women. Tuirty to players consecrate their week-ends to him. Nazimona is supported by Rudolph thirty-five per cent, are children. Fifteen
to twenty per cept are aged persons," Valenting and a strong cast, ruling.”
WC,
an hour, two representatives were sent by After a long discussion lasting about. the strikers to the Generalissimo's and the Acting Generalissime explained the
The four conditions were at last accept-
.1
tren will be paid according to their rank, the other two to be paid as
firemen when necessary. firemen and to perform the work of
2-Out
of tic twenty-four firemen, eighteen will be paid according to their rank, the other six to be paid.
aa allors and to perform the work of oilers when necessary”,
per month shall be paid by the War Service Department of the Railway. without degradation, 4-Rank of the workmen shall remain
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