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HONG KONG DAILY PRESS MONDAY, JULY
HOME GOLF
Padgham Wins Leeds Tournament
(Special Air-mail Service)
London, June 14
A. H. Padgham (Sundridge Park) won the "Yorkshire Evening News" tournament at Moortown on Satur- day, beating S. F. Brews (Durban), an Englishman attached to a South African club, at the 37th hole. It was a fine match and the loser covered himself with almost as much glory as bis conqueror. He was two up at one point in the morning and finished the first round one up. Padgham, as will be recalled recently won the Dun- lop-Southport tournament.
Pudgham held a slight advantage in the matter of length; but Brews proved that a man who can putt is a match for anyone, and he was up more often than not in the first round. Both men were round in 71. Brews had taken three puits only once, but he faltered after wards and the errors proved costly. One occasion was on the 35th green of the match, when he only balved a hole he should have won and ten, on the Brst green for the third time during the day. Brews again took three patts and Padg- ham, cool as always in a crisis, holed out for a 4 and victory.
Although the tournament has
been in existence for only 12 years, Eve of the finals have gone be- yond the last green.
TWO FINE BOUNDS Two long shots and a pute to the lip of the hola won Brews the first hole, where Padgham was ayer the
1934.
MR. MAYNARD ANY LETTERS FOR
KEYNES
"A Stimulus To Business"
YOU?
Unclaimed Corres-
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| Asia Commercial Co., . N. D.
Arnold
Eastern Sales &. Eng. Co., Eldo- graph Co. Electric Sales Co.
Mr. Maynard Keynes visited the President of the United States. last month and according to authoritative indications, informed
Baron Baeyens, Dr. H. Bain, Miss him that by spending $400,000,000, or £80,000,000, monthly of borrow-L Benham, Behn Meyer China ed public money he could hope to Co. Ltd. Dr. E. Berger. Mr. and impart a stimulus to business. Mrs. B. Buch.
Miss E. Cambell, Mrs. T.". V. Did he on his way to the White House recall a personal anniver- Campbell, H. M. Gassum, Che Bros say dating from the rejection of & Co. Chine Leather Co., Ltd. Co., Chinese prophecies addressed to his own China Transport country? Readers of the justly, anur, & Dist. Co-op. Co., Chinese famous "Economic Consequences Eng. & Mining Co, C. Curtis. of the Peace can verify that it was at the end of the first June
Major General Sir John Fowler. week of 1919 that Mr. Keynes
Hon, R. W. L Grant, resigned his positions at the Trea- sury and on the Supreme Econo- Hall & Wong Co., Ltd, Dr. and mic Council in Paris when it Mis, A. T. Howie, Miss C. Handel, became evident, that hope could F. Harman, Harvey, Main & Co., longer be entertained of sub- Ltd, diss F. Haywood, HK. Parcel stantial modification in the draft Exp. & Storage Co., H.K: Small terms of peace." The modifica | Investors. tions of which Mr. Keynes had vainly tried to make the British Government the advocate he now proceeded to advocate himself in a book, which within a few weeks of his resignation Afteen years ago, was making history,
Imp. & Exp. Far East Corpa, India-American Tdg. Co.
R. E. James, K. Jenner, H. ones
1. Kingfy, "Kota" American Drug Co., R. Kongwa, Kwan Bros., Malabar Sugar Ref, Co., Miss J. One admirer of Mr. Keynes, who A. Marriott, Metal Manut. Co., could not quite square the alleged Ltd.. B Montague, Morrison Tdg.
-authoritatively alleged advice Co.
of last month to President Roosevelt with memories of the advice given Afteen years ago to Mr. Lloyd George (and no doubt, also to Fresident Wilson), re-read the Economie Consequences" in order to attam a view of what Mr. Key-
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and to compare it with what he is, or seems to be. after at the present moment.
What Mr. Keynes at that time most feared as is shown “abun- dantly in chapters 1 and 2 of his book was that we in England should expect to go on progressing in wealth as before the war, while rejecting the theory and practice of accumulation (or saving) 'which had conduced to that progress. He wrote:
Behool
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Miss M. Welton, Wha Hone Co. Waliston, Sherman & Coober
Yan Bank, Mrs Young, Pearce Island Alert Bay, Mise Han Chiững Yang.
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Registered Articles
China Overseas Trading Co.. Ltd.. Miss F. T. Codrington or School, The Friends C.EZ.M.S.
"Where we spent millions before the war we have now learned that Chung Wel Co., Mr. and Mrs. Thos we can spend hundreds of wildness Donaldson, Mr. Artist of Mystery and apparently not suffer from it.Dant, Macao Electric Lighting Co., All classes alike thus build, Miss L. Bocchi," Yo Seng Bo. their plans, the rich to spend more and to save less, the poor to spend more and work less."
recovery. He holed out from 10 yards to square at the second, but was behind again at the third Padgham pulling his drive into the rough and putting his second la a banker. Brews increased his lead at the Afth, where Padgham drove out of bounds, but he lost the sixth, through taking three patts after Padgham had failed to reach the green, and the seventh, where he was bunkered in 3 and Fadg ham had a 3. Two halves left the game all square at the turn, Padg- ham being out in 34 to 35. Padg ham was over the green at the 10th and again too strong with his recovery, as at the first. He lost. that bolo, and became two down for the second time, at the 13th where Brews holed out from eight yards for a 3. Brews almost holed Against this happy-go-lucky" de- from 12 yards for a 2 at the short luston Mr. Keynes invoked what he
demon. 14th, which was naived, but he called a
He suggested last a hole of his lead at the 16th. that up to 1900 we had been wit- being short all the way. The last nessing a period of exceptional nature in ré- two holes were halved, so that bounteousness of Brews went in to luncheon with a sponse, to man's efforts, but that lead of one hole. Both men were after 1900 we had begun to come round in 71.
once again on diminishing yield. Padgham fell farther behind at He strongly hinted that the dimi the start of the second round.nution might intensify unless the falling to hole out from two yards capitalists kept up the old game of at. the first, after Brews had got saving. On the dangers of Inflation down from about the same dis- be was impressively eloquent:
"There is no subtler, no surer tance. After a half at the second Padgham won three of the next "means of overturning the existing basis of society than to debauch four holes to gain the lead: Brews palled his second into the rough at the currency. The process engaged the third before going over the all the hidden forces of economic green with his next, failed to find law on the side of destruction, and the green with his tee shot to the does it in a manner not one man short fourth, and missed from 5ft. In a million is able to disguise."
All that was written Afteen years after over-running the hole with a little run-up at the sixth Pade ago. Since then we have come up ham was now in front for the first against many currents and have tirne and he still held that advan-tacked to one side and to the other tage at the turn, Brews, missing a chance by taking three putts at the eighs after Padgham had been bunkered.
as our best wisdom dictated. Mr. Keynes has often enough warned us, rightly, as we now see, against the particular movement we were Brews squared the match at the about to execute. Why should he be 10th, holing out from four yards, expected to write the same things and led again when he got down in 1934 which he wrote in 1819? from 12 yards for a 2 at the 120, The circumstances are strikingly, But is the world SU but Padgham drew level when different. chance by taking three patts at the changed that nothing then said is 14th and chipped back weakly applicable to-day? The central Four halves followed. Brews miss-insistence of the celebrated and ing a change by taking three putts classical book of 1919 is summed at the 17th, and so they had to go up in these words: out again. At the extra hole both were on the green in 2. but Brews. putting to withira ift. of the hole. missed from there and so lost the match Padgham was round in 72
to his opponent's 13.
»
Unclaimed #Radio TelegramM Stwak Fostrestante from Canton," Mrs. Richard Knight, Haruna Maru from Fortsmouth.
Cuttack. Passenger, Atsuts
Maru *from Canton.
Consul Mexicano fröm Mazat- +landesinalos.
HEALTH BULLETIN OF EASTERN PORTS
Pingue:-Bassein, 1 case; Pnom-)
Penh i death; Salgon (Cholon), 1
death.
cases:
Cholera-Calcutta, 111 Madras, 3; Hapkow, 1.
Small-Pox: Bombay, 3 cases; Calcutta, 10; Madras, 9; Negspa- tam, 1: Rangoon, 1; Haiphong: 1; Tourane, 18: Hong Kong, s Shanghai,, 3.
Typhus-Alexandria, 1 Port said, 1.
-case;
WEEK-END BATHING
PICNICS
Dense Crowds At Big Wave Bay
In spite of the showery weather which prevailed all Saturday after- noon, three Bathing Flenics took place and Big Wave Bay and other popular beaches weze densely populated.
:
"It is for those who believe that
About 30 members of the Holy annual Germany can make an.
Kong Union Church Young payment amounting to hundreds Feople's Society left the Queen's of millions sterling to say in what Pier at 2.45 p.m. by theTalkoo specifc commodities they intend Choy for Eis Wave Bay where an this payment to be made, and in what markets the goods are to be interesting programme of aquatic
and Beach sports took place. sold.
The Kowloon branch of the same "Away from this glib talk of Society held a similar launch ple millions and milliards of money."nic at Deep Water Bay, when 50 urged Mr. Keynes (not quite in adults and 20 children left the [Special to the "Hong Kong Dalby these words)."Only by thinking Police Pier at 2.30 p.m. and re-
out the meaning of these Agures turned at about 7 p.m.
NO DEATH SENTENCES
„Prem”. (Copyright).]
Dessau, June 29,
In terms of things can you reattain
Another launch picnic maring sanity." How right he was, and The demand of eleven death how foolish were all the attacks their rendezvous at Big Wave Bay sentences by the State Attorney then and since made upon him for was that of the St. Andrew's Cinb when over 100 members and friends drew a striking rebur from the his work as the destructor or repara- attended. Bench here on Friday in the se- tions. And how necessary it seems cond trial of the Communiste for that he should to-day take his the murder of a. storpitrooper own advice and, when orging the when the Court sentenced the two United States Government to 28- penditure and repay its own new principal defendants to nine and sume new indebtedness at perhaps creditors. It would be dissonant six years' hard labour respectively, a greater rate than it was ever with his old urge to precision that and six other to three and four serious sugggested the Reich could he should not have elaborated years each, and acquitted the re-pay for reparations, should explain these details of the economic conse maining three.Transocean Huo in detall, the manner in which|quences of his own financial pres- Min
Washington could recover. Its excription-or has. he?
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