1931-04-24 — Page 6

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HONG KONG DAILY PRESS, FRIDAY, APRIL 24, 1931.

CORRESPONDENCE.

"Gontlemen-We, the Below-Men- tioned Individuals, representing all those who would like to receivo [All letters intended for publica-Something for Nothing, and make

tion must be accompanied by the the Community pay for It, prefer.of these buses are apparently im

name and address of the writer,

I have fu. mind the bus servizo that is operated between the Fani- ing Railway Station, and the Kwanti Race Course when there is a race meeting at Kwanti. Some

provised from lorries. They are not fur publication, unter to desirably" in The Second or Third

overcrowded, and no check what- ed, but as evidence of good faith Generation, are convinced that the ever seems to be made on the num Eb.1

Dollar should be Stabilised, preferber of passengers carried by each ably at 4 for the Following Acoms to be the rule rather than vehicle. Standing in the busra

the exception, and the speed thess We should only have to pay a

vehicles maintain on the narrow rond is amazing. The possibility

of Quarter as much for our Goods as

minking two trips from the railway we do at present which will Com-station to the race course in about half an hour is the incentive fur speeding.

STABILISATION!

[TO THE EDITOR OF THE

DAILY PRESS.

HONG TON

Reasons:-

Sin, There is a struggle, goingpensate us for what we have Lost on in this Colony at the present since the Dollar fell from 2/ moment between legitimate business mign and speculators. It is a strug. gle of life and death, of right and wrong, of business and gambling. On the outcome of this struggle hangs the future, welfare of the whole Colony, and it is superffus

to emphasize that no community can exist on a gambling basis-par ticularly a community such as Hon Long

It is unthinkable that the Com- mission could be foolish enough to believe the Assertions that this would Injure Trade; they are in deed Fallacious; they are made solely by Tourists, Brokers and Uncharitable Folk; whereas this petition represents the Unanimous Opinion of all the Merchants, Investors and Traders of the

Colony.

If the Dollar were stablised at 4, the Government would save $12,000,000 a year on their Budget Sterling Commitments, and this Considerable Sum will be available

to pay the Cost of Stabilisation.

་

Nor are things any better when the races are over and passangers attempt to get from the race couren to the railway station, The agram- ble for a pince on a bus is so great that the conductor is helpless

coping with the rush. Nothing so far appears to have been done to improve matters although this state of affairs has been going on for some time. Are we to whit before the proper steps are taken by these responsible for the saf conveyance of passengers "to and from the Kwanti Haon Coured- Yours faithfully.

until some serious accident occurs

•

KWANTLITE.

Hong Kong, April '23.

If this Sum were insufficient, itDRUG TRAFFIC ON RIVIERA. would be posible to raise 1 Stabilisation toau, and with this it would be: Perfectly Simple to fix Our Dellar at 4/-

SEARCH FOR ENGLISH CROOKS.

Nice-Kraner Barnett, an Eng The figure of 4/- is a Very Con-ishman who is said to be wanted venient One, because there would then he Five Dollars to The Pound,

With the exception of gamblers in exchange-even they have amongst them some sufferers wh5 do not deserve our pity-people in. every walk of life and in business of every kind have suffered terri's- ly because of the unstable dollar, And yet the speculators for their own golfish end, persist in arguing for silver standard and ignoring the advantage of stabilization, Their most important and, simul- taneously, most foolish argument is that Hong Kong rust follow Chinn. This foolish argument way, put forward in approximately these as the American Dollar. same way by speculators in the bygone days when Phillipine Is lands, the Straits Settlements, Malaya, etc.. tried to stabilise their currencies; only they put as a substitute the words "Far East" for the word "China." I need not in- form my readers how these variCUR places have been getting along since uncertainty was removed from their currencies. The pity in Hong Kong is that the speculators

and we should be practically the

We append our signatures and remain, etc.."

I have already seruerd the supe port of The Cupid Co., Matrimon

Agents, Mr. Lok Po, Engineer, Muck & Truck, Ltd., Importers of Reads and Brassieres, and the well nown Investor, Mr. Windfall Yours, clc.,

WHOOPEE.

Hong Kong, April 23.

[

'BUS SERVICES" AT KWANTI

in connection with the drug traffic on the Riviera, has been offered an free pardon by the police if he will inform them of the source of his drug supply.

Barnett, who comes from London, and has been a chauffeur, tourist, tout and barman, should have pre- sputed himself to the police, but disappeared.

1

According to the police, Barnet is known to be connected with Chase, the Irish bookmaker who is under arrest on. drug-peddling charges. He had three accom- lices, who have now disappeared. Barnett. was in possession of a number of forged" notes for large amounts, a forged Canadian passe port, anal a quantity of morphin.

Sa serious has the drug traffic become here that the police are

squad to deal with it.

They are also hoping to round up St-With the railway cataaa gang of seven confidence trick- trophe still freeh in the minds of sters, who have been working the your readers, I wonder if I may Riviera during the winter, principal. permitted a little space to drawly at the race-courses, enainos, and attention to another traffic service hotels. This gang is composed of to which the public is subjected at two Irishmen, three Englishmen, an regular intervals.

American and an Austrálian,

DAILY PRESS."]

in its midst are mostly influential TO THE EDITOR OF THE HONG KONG thinking of organising a special people of the community, therefore, their words have more, weight, Bat since the Currency Mission is for impartial investigation, I hope nothing but the prosperity and welfare of the community will be taken into consideration. Right after all is right and must even- tually win a hearing.

Besides, we have tried silver standard long enough and the result is what it is to-day. It does not pay to stick blindly to it and it is only fair to give gold standard a chance. To say that gold stand- ard will ruin the trade of Hong Kong without even giving it a trial is too eowardly to require Any comment. We know one thing. however, what, gold standard will ruin, and that is, it will ruin the game of exchange speculation.

A certain compradore who has made much ill-gotten gain from exchange gambling is now giving all the publicity he can to fight against stabilization. Let us ruember that the oldest monarchy in the world has had to bow to the will of the majority and that its Fall has been caused by pens, therefore, let us fight this compra. dors and his gang with our migh tiest instrument-our pens! Let us do not remain passivo! Do not let them crucify us on a cross of silver! Do not forget that every. thing is at stake and that to allow the speculators to win is equiza- lent to allow ourselves and poster- ity to murdered by them! They ure ruthless; they are, merciless; and we must struggle with them with all our might or be crushed forever The most critical moment has arrived and let all unselfian eitizens of Hong Kong do their duty for the future prosperity of Hong Kong by stamping out gambling in exchange once for all!

L. S. .C.

Hong Kong, April 23.

THE CURRENCY PETITION. [TO THE EDITOR OF THE "HONG KONG

DAILY PRESS."]

Sin, The letter which has been drafted for forwarding to the Currency Commission, requesting them to stabilise the Hong Kong. dollar at 2/ in not nearly ambitious enough. After all, if it is such a simple matter as the author of the letter appears to believe, to fix 'our dollar at 2/- by means of a loan, why not make the lonn rather bigger and stabilise at 4/-?

I propose to calist support among all the disgruntled members uf-the-community who-would-like- to see the dollar stabilised at 4/5, end to place a petition to this | effect in various places whereit. may be signed by all and aundry: nt the Star Ferry, Peak Tram Etation, the aweet-stuff shops, and the public bars.

The following is the draft of the Fetitian

NOTICE.

Owing to a shortage of supplies, we are unable to make any deliveries of

Household Coal until further notice.

THE KAILAN MINING ADMINISTRATION.

DODWELL & CO., LTD.,

Agents.

Hong Kong Weekly Press

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