1933-12-22 — Page 8

NEW ADVERTISEMENTS

LANE, CRAWFORD, LTD.

NOTICE.

CHRISTMAS HOURS.

MAIN STORE will be closed ou

24th, 5th and 26th, Dec.

PEAK STORE open as on Sunday. EXCHANGE RESTAURANT AND BREAD DEPT., Open as usual.

CORNER HOUSE-

Saturday 8.30 a.m. to 9.30 p.m. Sunday

8.30 am to 9.30 p.m.

Monday 8:30 am. to 12 Noon. Tuesday 8.30 am to 6 p.m.

N.B.-No deliveries on Christmas Day execpting standing orders for bread.

NOTICE.

[2000

Notice is hereby given that' on the instructions of the undersigned a Cash Closing Sale commencing on the 23rd December and continuing for the ensuing days until fur- ther notice of the stock-in- trade of the Paris Silk Store, the Pioneer Commercial Company and the Colomba Jewellery Store, will be held at the Paris Silk Store, China Building. Any goods remain- ing unsold together with the tenants' fixtures and fittings will be sold by public aucti a a a place and time to be Announced later.

W. J. LOCKHART-SMITH,

Official Receiver.

BANK HOLIDAYS.

(2095

N accordance with Government

Iodine, The EXCHANGE

BANKS will be 'CLOSED for the TRANSACTION of PUBLIC BUSI NESS on MONDAY and TUESDAY, the 25th & 28th of DECEMBER, 1933. (CHRISTMAS HOLIDAYS).

Hong Kong, 20th December, 1933.

(2090

THE CHINA LIGHT & POWER

CO. (1918) LTD.,, .

NOTICE,

HONG KONG DAILY PRESS, FRIDAY, DECEMBER 22, 1933.

CARLYLE wrote of his

works as follows. "There's no reliance for this world but just the truth.”

To know the truth, however, is not always easy, because there are many things. masquerading under the semblance" of it, and whisky is no exception: But the truth of flavour about this choice old stimulant is verified by the world's ablest judges of whisky. It is a sign of excellence and age development. The true whisky is

ป

DEWAR'S

A. S

WHITE LABEL'

WATSON & CO., LTD.

EST. 1841.

Editorial and Business Office: 11

Ice House Street. Tel. 30251 Night Editor (Wanchai Office);

Tel. 24511.

London Office: 53. Fleet Street,

E.C

The Daily Press.

Hoxe KoNG, DECEMARK 2, 1933.

CURRENCY RACE

power in their, government that might counteract it. In the words of Mr. Frank A. Vanderlip, the world is too economically alter-] ate" to grasp the true inwardness of competitive currency deprecia- tion. Its intricacies are hidden to a great extent from admitted finan- clers, who have shown during the. past few years just how real a | compenhension they have of this extremely delicate instrument of economics.

This is not intended to be an exposition of "gold policy." Gold, while it has been of the utmost value as a nexus for the unlica- tlon of currency, has many short- The price of currencies in terms comings as a basis of finance, the of one another was once fixed, chief being inelasticity. While gold Harnessed to a common standard was being produced in huge quar- were comparatively tities after the discoveries of the gold-they stable varying by only the merest immensely rich South African shade in their relation of currency mines in the nineties, the world's to currency. This stability unified credit, based on gold, was able to the world as did no other material expand rapidly enough to keep pace Gold was the inter- with the expansion in world trade. However, gold will probably never be discovered and produced in quantities" sufficient to meet the needs of a world almost too rapidly

THE FIFTEENTH ORDINARY THE

YEARLY MEETING UF SHAREHOLDERS will be held in the Board Room of Mesara. Lowe, Bingham & Matthews, Mercantile Building, Victoria, Hong Kong on Saturday, the 31 th day of December, 1933, at 12 o'clock (Noon); for the purpose of receiving a State vinculum. mont of Accounts and the Report of the Directors for the financial year ended 30th September, 1933, and electing Directors and Auditors.

23rd December, 1983, until Saturday: 18th January, 1984, both days in clusive.

NOEL BRAGA,

Secretary,

Hong Kong, 16th December, 1933.

(2078

national currency.

OBITUARY

Dr. Knud Rasmussen,

Explorer

Copenhagen. December 21. The death was announced to-day of the famous explorer Dr. Knud Rasmussen after a long liness, as the result of food poisoning he contracted in the last Greenland | Expedition-Reuter.

Knud Rasmussen, Ph.D LLDS] was born on June 7; 1879, and was, educated at the University of Co penhagen. He made an excursion

RULE BRITANNIA

Admiral Dryer Inspects The Navy

IMPRESSIVE PARADE

HAPPY - VALLEY

The rolling of drums, the flash to Lapland in order to study the ing of bayonets and the smart click Lappa in 1901. He made several that comes as long lines of picked visits to Greenland and in 1918-service men bring their heels toge

ther with a snap and stand at the more than enough to salute ia thrill the most timid soul and fill the most sluggish heant with zest and martial fire.

18 was leader of the second Thule Expedition around North

Green- land. In 1921-24, he led the fifth Thule Expedition from Greenland

to the Pacific Ocean.

guage.

He did quite a lot of writing Sixteen hundred! The samen are in addition to his practical ex-picked from the warships in the ploration work, including a num-harbour and the roarines off the ber of books in Greenland lan-cruisers and the Eagle. They are standing at perfect attention. The Admiral's car arrives accompanied by an escort provided by the police, and immediately the Band of the Royal Marines starts to play Rule Britannia."

STOP PRESS

The news that Mr. Ho Leung, compradore of Messrs. Jardine Matheson. Ltd.. was found dead ander tragic circumstances in his residence. Tai Tam Villa, Island Road. last evening. came as a shock to his large" circle of friends, some of whom had seen him only as recently as yesterday morning.

Details of the tragedy were not available up"till the time of going to Press but we were informed that the body of Mr. Ho Leang was, admitted to the Government Civil Hospital with a gunshot wound in the chest. A man of charming person- ality, the deceased was one of the most popular Chinese busi- ness men about town and his passing will be deeply regretted by all who knew him.

In addition to being looked upon as an able executive, the deceased was also very popular. In social and sports circles and had held the: chairmanship of the Automobile Association while he was one of the or- ganisers of the Sports Club.

Mr. Ho Leung was about 43 years of age and was the son of the late Mr. Ho Fook and a brother of Messrs. Ho Kwong and Ho Kl. To them and the widow, we express our deep sympathy in their sad loss.

AN ANCIENT TOMB

Unearthed At Shuyang

All that is now changed. Cur- rencies have gone nationalistic. The Transfer looks of the Com-No longer tethered in the common pany will be closed from Saturday, nexus which held them on & industrialized, and it would impose" true course, they flucuate. They straight-jacket that would serious- flucuate in terms of one anotherly restrict progress. Furthermore,

Esuchow. December 14 By Order of the Board of Directors, because they fluctuate in terms of the comering of gold by the United

gold. Foreign exchanges have be- States and France, which forced An ancient tomb has been un-" come a happy hunting ground for other countries in sheer "self-pre-earthed at Shuyang, in Northern international speculation and mer-servation to go off the standard--a chant, traveller and private In-cornering that has been disastrously dividual are at their mercy, their redundant--has demonstrated the drafts and their profit liable to limitations of gold and created a fade overnight in. the crazy tilting precedent in the abuse to which of the monetary scales."

a gold-founded world may be sub- Speculation has always been ajected." feature of business and finance, though wild speculation has been frowned upon as something un THE entries for the Annual Race natural, a vice, a danger to society. Meeting, 1934, will close at But now the speculator is en 3.00 p.m. on Saturday, 20th January couraged in his lawlessness. More, Governments have joined the In- consequential and avid throng, and

THE HONG KONG JOCKEY CLUB.

NOTICE.

1984

Members are reminded that no horse is eligible to enter for any race

While a world currency con- trolled by an international finance committee seems the only solution -provided it does not receive such self-centred and futile, support 28 that given to the League of Nations a premier consideration

Kiangsu, by a farmer. A vase, a bronze mirror, and a number of old coins were found beside the coffin. The vase is seven inches in height: and is of a pecullar shape.It Is believed to be a ralie of the famous General Han Sin of the Han Dynasty (206 B.C.). These articles are now on exhibition at the People's Educational Institute in Shuyanghsien-Kuo Min.“

DANUBE ALSO FROZEN

Bofis, Den 17. The Blue Danube" was turned white to-day when its southern

"

| NEWS SUMMARY

Our Scottish Air Mail Letter appears on Page 1.

Our special woman's supplement. appears on Pages 9 and 3

The auction of ponies at Happy Valley yesterday has been recorded on Page, 6.

Two uqasual cases were beard yesterday at the Kowloon Magis- Pago &

tracy AT

At yesterday's meeting if the Legislative Council H. E. the Governor thanked members for their loyal help advice and' co- operation during the year. Page 7. would not be so difficult on a story 4 Court martial was held at at road where the sound of many fast Murray Barracks yesterday walking together would give which a drummer of the S.W.B.. rhythm-but here where the grass was found guilty of deliberately Piangga.7m dulls every footstep it make it far injuring himself, more difficult

Official Statement An official statement, issued by the Naval authorities yesterday, states:-

COUNCIL MEETING H.E. Expresses

A Naval Battalion and Howitzer Battery of five guns were landed to-day from thirteen ships and six submarines of the China Flet, and were inspected at Happy Valley by the Commander-in-Chief, Admiral Thanks To Members Sir Frederic Dreyer, K.C.B., C.B E.

me

At the close of the meeting of Altogether 1950 officers and men Then comes a long and minute

were on parade equipped in Heavy the Legislative Council yesterday, inspection of each Company separ Marching Order without pack. His Excellency the Governor, ad- ately, while the band plays the old Each man carried an oilskin. dressing the members said: "As well-known thines like colours".

After being inspected by the this is the last Council Meeting to Admiral Dryer has finished, in Commander in Chief the Battery be held this year. I take the op- pecting and now comes the part

and Battalion matched past twice,portunity of thanking Honourable watching which the spectators can

members present here to-day' and and before marching past in column say nothing but

"How in the of route all the seamen took off also those gentlemen who have world do they manage to keep their heavy marching order and served on this Council from time such straight lines etc."

without putting their gear on the to time during the year for the "Form fours, turn to the right" ground, put on their oilskins and help, advice and loyal co-opera- The van guard with their 37the heavy marching order over tion which they have shown Howitzer guns starts marching and their oilskins.

in connection with the adminis- the rest follow It is said that a The Royal Marines on the other tration of the affairs of the Col- battallion on a drive in these days hand, who only carry a waterproof ony. and especially on behalf of of modern warfare would be in cape, merely put them on over their my official colleagues and myself, effective without the support of the heavy marching order. The Ratta-I beg to thank the unofficial mem- Howitzer Battery in the rear to lien then marched past, the seamen bers for the great assistance they cover the advance, and certainly na wearing, their oilskins and the have given us for which we are we look at those guns. they look Royal Marines their capes, and alt very grateful. propossesing enough..

carrying their rifles at the 'secure" as would be done if it were raining. This was a practical evolution and as a result of this practice the men of the China Fleet when land- ed in heavy marching order: not only carry an oilskin, which is not included normally in their Landing Party equipment, but practiced in putting this on in a very short time.

ATC also

After the long lines have gone through their marching and various formations, comes the most interest ing part of the whole programme. The spectators are shown what the marines themselves do in, actual service. Off comes the equipment A rifle is placed between the knees, the field equipment hung on that, an oil skin wom over the uniform and the rest of the equipment on The Commander-in-Chief express- top of all that. Watching themed himself as extremely pleased march one cannot help wondering with the appearance and bearing of again and again how they manage the men and the smartress of the to keep such perfect lines. It march part.

LOCAL AND GENERAL

I am afraid with regard to the trade and business of the Colony, we close the year under a heavy cloud of depression. I hope that cloud will be lifted to some extent before the end of 1934.

I offer you · my

very

sincere

good wishes for the coming year."

His Excellency the Governor, Sir KBE. William Peel, KCMG.. presided and others present were: His Excellency the Officer Com- manding the Troops, Major Gen. aral O. C. Borrett, C.B., CMQ, DS.O.

The Hon. The Colonial Secre- tary. (Sir Thomas Southern, C. M.G.).

The Hon. The Attorney General (Mr. C. G. Alabaster, K. C.).

The Hon. The Secretary for Chi- nese Affairs (Mr. A. E. Wood)..

The Hon. The Col. Treasurer

One

(Mr. M. J. Breen). each of small-pox, case diphtheria and enteric were report ed in the Colony for the 24 hours ended December 20,

While playing with another boy in Canton Road, Liu Taze-keung, aged 13, got into the way of a lorry and was knocked down. He was admitted to the Kwong Wah Hospital.

יי.

Liu Yau, a coolle. remanded from Wednesday on a charge of solicit- ing. for prostitutes, was yesterday convicted by Mr. Hamlin, at the Central Magistracy, rad sentenced to five months' hard labour. De- Services) > The Hon. fendant produced a witness, who he said was his master, but wit-Hole, R. N. (Retired) ness denied that he had, employed Master), the defendant..

The Hon. Mr. EDC. Wolfe, CM. G. (Inspector General of Police). The Hon. Dr. A. R. Wellington, (Director of Medical and Sanitary

Commander G. F. (Harbour

ཡ--

בנס

Tin, 32, unemployed, was Mr. Balfour at The late Mr. James Herbert charged before Backhouse, merchant formerly of the Central Police Court with 16, Peak Mansion, Hongkong, who stealing a shoemaker's plers from died on

January 13, left local 23, Wyndham Street, and illegal estate valued at $148,700, Probate pawning of the article. Defend- Detective- of the will has been granted to ant was bound over.

that the widow, Mrs. Alma Ellaine Bergeant Edwards said Backhouse.

Wednesday morning the defend- ant was seen leaving a pawnshop in Victoria Street. He had a pawn ticket and had pawned the pliers for 40 cents. He stated the master, its clansman, wanted to pawn it, but the master later said he knew nothing about it.

ابو

An At Home for Overseas Mem- bers and their friends will be held at the Helena May Institute on Thursday, December 28, at 5 p.m. when Mr. Lisle Carr, the Travelling Secretary of the League will speak. Please book tess in ad- vance.

will

The Hon. Mr. R. M. Henderson (Director of Public Works);-

The Hon. Sir Henry Pollock, Kt. K.C.

The Hon. Mr. C.GS. Mackie, The Hon. Mr. R. H. Kotewall, C. M.G., LL.D.

The Hon. Mr. J. P. Braga. The Hon. Mr. T'so Seen-wan, O: B.E. LL.D.

The Hon. Mr. J. J. Peterson.. The Hon. Ms. Chau Tsun-nin.. The Hon. Mr. Paul Lauder. Mr. E. R. Butters, (Deputy Clerk of Councils),

The business of the Council was

cluded the passing of the second purely of a formal nature and in-

and third reading of the follow- ing bills:

"A Bill to amend further the

Telephone Ordinance, 1925 .. "A BI to amend the law relat-

Ing to Merchant Shipping" "A Bill to amend the Compan-

les Ordinance, 1832 "A Bill to Provide for the Estab

lishment of a Naval Volunteer Defence"

Under the patronage of His Ex- cellency the Governor, and Lady The management of the Hong- Peel, Henry, the incomparable en- kong Hotel has reported to the tertainer who has delighted Police that one of their residents. theatre-goers in Hongkong Mr. R. A. Wright, has been miss give a benefit performance at the from his room, No. 224, since Ko Shing Theatre, on Friday. De- cember 20th, the entire proceeds Friday last week.

Mr. Wright, who is described as going to the St. John Ambulance an Englishman, is" of medium Medical Benevolence New Terri-

At a meeting of the Finance and wearing spectacles. tory Welfare Work Henry opens Committee which followed, over build Prior to his reported disappear- a farewell engagement at the Ko which Sir Thomas Southern pre- ance he had been staying at the Shing Theatre on Tuesday De-sided, items totalling $11,897 were Hotel for three weeks.. cember 28th for three nights and

approved. Particulars of these Mr. Wright effects were just as the last night of the engagement items had previously been pub-- he left them in his room. The will be devoted to this benefit.ished in the "Daily Press." mystery has been, heightened by a Acts that have been described by report that as late as last night a ravellers, and by those who have, man resembling Mr. Wright was seen the fakirs of India at their seen in the adjacent Gloucester best, will be seen here for the first Building.

time. The Henry Company leaves for Manila on December 30th.

Two Chinese women, the con

meeting of this Club until an Official the thicker tape has become an should be the cessation of the cur- reaches between Vidin and Oriovacubine and eldest daughter of a Racing Certificate shall have been article of furniture in Government./rency war that is waging at pre-- fros solid, cutting off all direct tenant at No. 3, Blu Wa Fong, West

obtained in respect of the horse.

offices,

All Members intending to enter International competition; un- Griffins at the Annual Meeting are fortunately, is rife in every field requested to apply for. Official Rac-

ing Certificates in respect of such of activity, and has been so since Griffins without delay. Also, Mem-time inimemoriel, the worst phase bers who have not yet registered being, of course, the race in arma- racing usmes or colours wili oblige menta; but this competition is by doing so at their earliest con material so that even the masses Teníence.

can comprehend it and realise its By Order,

dangers. The “currency race" és politicians glibly term it is, how- ever, too abstract for the mass of

sent. The race in armaments is serious enough, but nothing to the

menace of what politicians terms

the " Currency.race."

VOTE OF CONFIDENCE PASSED

shipping traffic from here to Bucha rest Transocean,

KHINE FROZEN TIGHT

Communications Obstructed

·To

HARNESSING CHINA'S

SORROW

Cost $80,000,000. In Six-

Years

The Jat Regiment were given a rousing send-off when they left Point, are dead, as the result of a

Nanking, December 12.5 suleide pact which had a fatal cul- aboard the ss. Talma for Jhelum, India, at noon 'yesterday. His Ex-

Mr. Yu Yu-Jen, who recently mination yesterday.

They drank a quantity of Lysolcellency the G.0.C., Major General returned from an extensive trip disinfectant fuld. Discovery came O.C. Borrett and Mrs. Borrett. to the northwest. provinces, speak too late to save their lives, and Lieut. FRL Mears, AD.C., COL ing on the flood situation in the they died shortly after admission FF. Nosworthy, together with Yellow River Valley, at the weekly to the Government Civil Hospital, many of the staff officers, were memorial service at National Gov- One of the victims, WAS Chan present on the wharf as the ship ernment House yesterday, said that Yuk-ting aged 35, the concubine, drew out amid strains from the the conservancy of the river.would and the other was Yeung Yau-sam, Lincolnshire Military Band and require a sum of $80,000,000 cover- aged 32, who was the daughter of cheers Hundreds of men from ing a period of six years, but the HK.S. Brigade and the Mule thereafter all danger of floods the tenant's principal wife.

Bingen, Dec 17, The Rhine is frozen tight over a seven-mile expanse between Binger and Oberweeg owing to the severe cold-wave sweeping now over West- The failure of a huge money- Corps collected on the wharves to would be removed. Considering C. B. BROWN,

Madrid, December 20 ern and Central Germany. Within loan association, in which both send up a cheer and as the vessel the heavy losses suffered in the The Cortes to-day passed a vote this stretch numerous steamers and women are said to have been in-proceeded down towards Lyemun flood areas in the past. Mr. Tu urged that the work should be terested to the extent of over $10- the ship's company of HME of confidence in the Lerroux boats are ice-locked and communi- ong Kong, 18th December, 1988. people to grasp its dangers and coalition government by. 265 votes cations are hadly handicapped-000; is disclosed as the likely sea- Cumberli11 wished the regimen carried out immediately Kub

"Godspeed" with cheers Transocean. [2077 throw their weight behind the to 63-Reuter.

Secretary.

son for the, double suicide.

Min