1936-05-01 — Page 12

IT

IZ

HONG KONG DAILY" PRESS,

FRIDAY,

MAY 1, 1936:

Day

Sharebrokers

Association

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sellers Jaise Nouita'

THURSDAY. APRIL 30,

Banks

H.K. Banks

Ho. (London)...

Chartered Banks Morcantile Bks "A"

Do.

Seller

Kyrg

魁眼 If West 4.

£1021

$1,520 Ei 3

£14

231

231

£14

4

O"

$73

N. O. & 8. Back

Bank of East Asia...

$73

Am. O. Fin. Corp: 9.

Ch. Fin. Corp. Ord 9.

Do. Prof. S.

Insurances

Canton InsuraCUR.

$276

$275

Underwriters

31

Union Lasurandes ...

$480

China Fires

H.K. Fires

10200

$1.05

2030. $475 $220

131

International Assce, S.

Shipping

$36

Douglasen

Steamboats

130

Indos (pref.)

$30 $51 $50

$20

Do. (def.)

$90

93/14 Shells....

$1320

Waterbonda

03/71 $19 20

Mining

Autamoka ............

$212

Bajatcos

Baguio Gold

jets.

318.20

Bengust Consolidatod

29/29 ct..

:18

192 ota

130.

Big

Wedge

Exploration 18 ots.

23 ats.).

$4.31

947 030

35 ct.

12.40/35

14

29ets...

Demonstations...... 68 cts.

Gold River...................

Gold Creak...........................|

United Paracales... 79 cts.

******** *.81.10

***

CAUSES OF WAR

Are Armaments the Only Safeguard?

(BY SIR HERBERT RUSSELL)

I

SINGAPORE RAW

RUBBER

Latest Singapore Prices

H. B. JOSEPH & CO.

Thursday, 'Apr: 30. Messrs. H. B. Joseph & Co., Te- the following quotations

in Straits Currency for Singapore Raw Rubber.

change dgures prominently in this subject but the broad basis of the proülem which our Socialist poli- celved

elais would su Ugh.ly solve is simply expressed by the fact that any alton can get all the raw inaterial it wants if it can afford to buy it, and how "pooling" is going to affeet that clementary condition I yet have to learn.

Ls

↑

arc

The pacifist politicians are ever ready with a parrot-like formula to the effect that armaments. are no securly against war; the only real way to ensure peace is by ell-

the minating

causes of war. thoroughly concur in this admir- able platitude. It is as undeniably true, as the statement that you cannot have effect without cause.

"Land hunger" is not always But where these. perfectly-sincere -peace-lovers fall is that having easy to differentiate between real laid down a dogma, they leave necessity and greed. Obviously, to others to work it out. They give try and bottle up a crowded and

rapidly-expanding nation us a doctrine and say nothing 23 to how it can be applied. Let us pretty sure method of producing

explosion. Actually, we try and eradicare the causes of an

sceing this now in the case of war, by all means, but before we can attempt this beneficent pur-Japan; not, indeed, an explosion, pose we must at least realize what but a process somewhat similar to they are. Some of them are very the blowing off of pent-up steam. What is a nation in this plight to salt-evident, and "therefore easily

do? She looks. across at the, wide categorized. Some there may be which it is impossible to foresee spaces of the United States and the Americans say...""No, you until they actually develop. Unless all the causes of war can be ell don't!" She looks across at the vast expanses of Australia and the minated the assumption that, de- fensive armaments have become a Australlans say, "Oh, no!" She barbaric anachronism manifestly looks across towards the almost falls down. Under the "freely ne- illimitable roominess of Asia and 13 cte. gntiated" Paris Pact... more gene- the Chinese cry, "Not here!" There ally known as the Kellogg Pact is only one way of getting past of international such a system because that American statesmu so vigorously sponsored it, all the barriers and that is by breaking leading, Powers of the world agreed them down. This is just what has "to rendunce war as an instrument happened in Korea and Manchuria of national policy," To give point and is threatening against the to this splendid sentiment they boundaries of 'Outer Mongolia. forthwith began spending money upon armaments on a progressive scale which has never been equal- led for any decade of peace in history,

$1.38

7 otc

11,6

35 cts

76 01

tr

Salacot.........

31.20

Itogons

$14

L

12/3

Kailas

$10

Langkats (single) 8,

$9

70 ete.

Masbate

70 ota.

Explorations......

14

Shanghai Lonas 3.12.30-

$111

Baub

$10

$15 $1.16

Sau Mauricio

31.143

$1.14

$31

Venezuela Gold Fids.

13

Docks, Wharves,

Godowns, etc.

39

8. Obina Motors A'

10

34

Now EngineuringsS.

191

90 cts.

H.K. & K. Wharves.

Du. (old)]

பசு. (e)

Providents (oli) ...

Du.

(USF) ...

1.K. & W. Docks

Shangnai Docks S.

$190 Hongkews ......

Lands, Hotels, and Buildings

H.K. Hotels. H.K Landa........... Da. 4% Debentures Shanghai Landa.... Metropolitan Lands.,

1480

#34

$100

48

$10

36

H.K. Realties.........

China Do

$4

$60

Da. Debentures.

$8.80

Humphreys

382

Chinese Estates................

$8.40

171

$3

፧፧

10.

H.

68 (10)

Cotton MLS

Shai Cattonatuid.

Zoong Sings.........

Wiug On Textiles(S.)

Public Utilities

Tramway

Pook Trams (old)....

F!!

32 70

196

1.10

30 ole.

59

$105

5b)

$4,90

$31

14.35

$8.50

| $840

$70

$12

$14

#25

426

$10.85

3101

$3

Do (DBW).s

3

1804

Star Ferries!

$10

Yaumati Ferries

3Kb $20

210.70

China Lights (old)....

Do. (now)...

#10f 37.35

BOL

HK. Electrics ...... 351

$20.

Macao do:

13.30

Saudskan Lighta...

$20 10

$9

Telephones (old)

Qu.

25.15

19

vi

China Buses.....8.

20/

Tractions

29/8

28/-

Do. (pref.)

Industriais

$8.40

(06)

Malabon Bugars

$19 Caldbeck, jord.) 8.

Macgregora pref.)8.

Cements

I

Ropes.......$4.30

Miscellaneous

Dairy Farma.. Amusements **** ** Ch. E'tainment...... Constructions, (old)

$10

#11

Canton Ices

$10.10

$4.40

$30

$2.00

SHI

$2

$2.80

prem.

+

Par

Da (OW) Lane Crawford...... Mackintosha.........

Wau Tobacco... Nanyang Binceros

gebr ́s

Watsona ..

50 eta. Wm. Powells.........

$2

$1.35

M. Greyhounds......

S. C. Enterprises....

93. C.G.5%19260.@Bda 93%

HK. Govt. 4% Loans

Do. 31%

Wallace Harper

365

H.K Wing On

B'bal Do.

$4.

Vibro Pileng

DEFENCE SCHEME

London, Apr. 29. The British Navy's share of the new defence proposals will be an- nounced to-morrow when the Ad- miralty issues a White Paper, giv- ing details of plans for the current year.

одрама!

$12 $10.10

$20

13

424

130 cts.

$3.90

$3.25

1.80 $3

55 cts.

159

$59

SHIPPING MOVEMENTS

"SECURITY."

This is something more than an arademic question, because it ex- a very tangible reaction ercises upon the whole subject of secur- A sort of hesitant faith in Ity. the possibility of such a creed has, brought this country to the very verge of danger in her defensive

weakness.

tr

His Majesty's Opposition Parliament, when confronted with the Government. White Paper on Defence, did their job of opposing upon stereotyped lines. An ex- penditure of £300,000,000 on arms- ments, they declared, will not bring us security; they demanded that the Government should take removing the a resolute lead in

causes of war and then we should have peace and be able to keep our money in our pockets-or bet ter still, put it into theire-into the bargain.

And the Socialist disciples. were ready to tell us how this can be done. War, they declared in effect, is mainly caused by the poorer na tions wanting to collar a share of the belongings of the richer na tions. All that is necessary is for the richer nations to hand over what all the other poor chape want and there need be no more

war. Since the Brillen Empire aits so dominantly upon the map, of course she must set the example, It is all so delightfully easy to Socialist, with nothing himself to give away and therefore very pro- digal with other people's property. I have generally noticed that when a Socialist becomes what our fore- fathers used to call a "warm man" he is disposed to belleve that, after all, the pooling business may not be the only, or even the best, means of averting future wars. He turns over to "collective security instead.

4:

POLITICS AND WAR Modern politics hold, the most sinister cause of war and that is why there is just now such a deuce of a lot of talk about war and pre- parations for war Modern poll- tics have created what are vaguely referred to as "world conditions,"

Spot May/June July/Sept. Oct./Dec.

Market--Uncertain,

Buyers 261 up t 281 up i 271 up i 271 up i

BENJAMIN & POTTS

Thursday, Apr. 30. Messrs. Benjamin and Potts re seived the folowing Straits cur- from (buyers) rency quotations

.Buyers Singapore to-day for Raw Rubber:

Spot

Sellera

231 cts, upist. .201 cts, up ct. 26 cts, up ct. 27 cts. up f'ct.

May/June July/Sept. Oct./Dec. Markut.--Steady.

ROYAL AIR FORCE

+J

Brisk Recruiting In The West

In the Westcountry recruiting for the Royal Air Force is brisk. Since

the Recruiting Depot was opened at Buckland-terrace, Millbay-road, Plymouth, last July, over 400 can- didates have been accepted there, and they are described as being of a high standard physically and otherwise. It is also noteworthy that the number of rejections has been small, although the medical In which in their turn have created standard required is high. a tremendous burden of unemploy-many of the cases in which can-

"If a main cause has

from Bremen said, to me: little handful of politicians could be wiped out on both sides of the

ment. A few days ago a' German didates have not been accepted the been defective teeth; but in order that the ap- plicants may know their prospects of acceptance without delay they are submitted to a full medical examination at the depot at Ply- mouth.

Rhine, France and Germany would there become friends at once: would be nothing to prevent it." I believe he was speaking a sim- ple truism. The peoples of the

Those accepted leave in batches world want peace. but the self-

for West Drayton for attestation made leaders of nationalisin, who

Fifteen left a fortnight ago, and are infinitely more intransigent,

these were followed on March 24 than the old breed of autocrats,

by eleven more. So far 106 have been accepted since his Majesty. The "old diplomacy" was a gen-King Edward VIII succeeded to simply will not let them have it.

The area for which tlemanly business, and quiety 'set- tied many things which the blat-the offices at Plymouth are the

to-day ant "statesmanship"

depot comprises Cornwall, Devon, boosts against a background of

and the greater part of Somerset; tanks and tin-hats. The panacea, and candidates have offered them- we are told, is "collective security." That is to say, all the great nations selves from all parts of this wide area, even from the Isles of Scilly.

are to restrain

of

the Throne.

い

SCOTTISH

INDUSTRY

The Competition

Loddon, Apr. 4.

Sowe Sir Godfrey Collins had pointed things to say about the present limits and conditions of Scotland's industries when he ad dressed the first meeting of the Scottish Economic Committee yes terday. The Committee has now to find put how these limits can be removed, and how conditions for industries, heavy and light, new and old, can be improved.

If the Committee's inquirick are going to produce something more practical than an expansion of the Scottish Secretary's statement that the industries of Scotland are in such and such a position, money and work will be needed fur research into the causes that have landed Scotland with a total of unemployed so much above that of her neighbour south of the Tweed. Shrinkage of world trade and the displacement of man- power by machinery cannot provide a complete explanation,

Scotland itself is considerable market that might be much mor adequately supplied by Scottish factories. World trade, we hope, will expand one of these days. The world's demands are bound to be different from what they used to be. But why should Scotland lot bo among the enterprising sources of supply for these new demands I

THE DEMANDS

Both Scottish demand foreign

demand have

ard

ba

CONSIGNEES' NOTICE.

BURNS. PHILP LINE.

FROM MELBOURNE, SYDNEY, SALAMAUA, BABAUL, SAND- AKAN AND MANILA

THE M.V.

"NEPTUNA." CONSIGNEES of Cargo are hereby informed that all Goods are being landed at their risk into the hazardons and/or extra hazardon Godowns of the Hong Kong and Kowloon Whart and Godown Co, Ltd, whence and/or from be obtained. be wharves Delivery may

No Claims will be admitted after the Goods have left the Godowns, and all

Goods remaining undelivered after the 8th May, 1930, will be abject to Heat.

All Claims against the Steamer must be presented to the Undersigned on or before the 20th May, 1938, or obey will not be recognized.

To comply with the General Bonded Warehouse Regulations, consignoen innat Dave & Berente Oficer in Attendante when damaged dutiable goods. examined

Be

All broken, chafed nasi damaged Goods are to be left in the Godown, where will be examined on the 5th May, 1936, at 10. by Messrs. Goddard and Douglas.

a

No Fire Insurance has been affeused. Bill of Lading will be countersigned 1-y

GIRB, LIVINGSTON & Co., Ltd.

Agouts.

(4339 Hong Kong, 28th April, 1938.

VESSELS DUE

Acucas, B. & S., May 4.

Agapener, . & 8., June 1...

stimulated by the sort of publicity Ages, Gilman's, June..

art

that directs them to the goods

Aramis, Messageries', May 3. whether they be boots or zeroplanes | Arizona Maru, 0.9.K., May 4.

ator cars, which they likely to get best from Satish design and Scottish eraftsmanship. The Clydeside has that kind of re- putation for its ships, Shipowners and Governments would not think of placing an order for a cheap. mass-produced - substitute if they want a ship as good as only a Clyde-built ship can be.

Astoria, Jebsen's, May 20 Behar, P. & O., June 5 Hensider, Loxley's, May 21. Bengloe, Loxley's, May 9. Henledi, Loxley's, June 16. Beneleuch, Loxley's, May 10 Bienvenue, Loxley's, June 4 Bhutan, P. & D., May 2 Bremerhaven, Melchers', May 5. Hardwa, P. & O., June 0. The same, unrivalled reputation Calebas, B. & S., June 1.. is enjoyed by other things and Canton, Messageries', May 7. products associated with Scotland. Carthage, P. & O., May i.

Changte, B. & S., Juno 12, Nobody should have greater con- fidence in a Scottish industry's Chenonceaux, Messageries', May 3. ability to turn out the goods that City of Eastbourne, Bank Line. May 17 will appeal to the right taste at City of Mobile, Bank Line, May 10. the right price than Scottish busi- City of Singapore, Bank Lino. May 8. ness me. If they will not put Corin, P., June 10. rioney and enterprise into Scottish Cremer, J.C.J. Line, May 5. ' industries, who should? It will be D'Artagnan, Messagezien, May 31. one of the Economic Committee's Danmark, E. Co., Jone 3. most intimate duties to find out Deacalico, B. & 8, May 10%

Donsu, Melchers', May 13.. why Scots business men have, in Duisburg, Jebsen's, May 11. fact, made little attempt to develop Emp. of Anis, C.P.8., May 7. in Scotland the "light" industries Emp. of Causde, C.F.G., May 22 which have been bringing proe-

Foylebank, Bank Line, May 25. perity to London and thereabouts. Emp. of Russia, C.P.8. Joue 4.

Friderua, Melchers', June 2. G.G. Paul Doumer, Messageries', May 1 Ganstorkork, J.C.J. Line, May 10. Gen. Pershing, States Co., May 8. Gen. Sherman, States Co., May 29. Golden Mountain, States Co., May 24.

5. Gneisenau, Melchor, May Flakusan Maro, N.Y.K., May 6. Himalaya, Lloyd Triestino, May 5.

DEPARTURE

PASSENGERS

S.S. TJIBADAK

ין

The list of passengers who salillosang, Jardino's, May 1.

Jaar, Melchors', May 1. ed for Amoy and Shanghai by the Irion, B. & R., June 5.

Java, EA. Co.. May 8. S.5. Tjibadak yesterday were as

Jaan Laborde, Menageries', May 15. follow:-

Mrs. Howard M. Funt, Mrs. Kashima Karu, N.Y.K., May 9. Seymour Preston Thomas. Dr. M. Koenigsberg, Melchers', May 11.

Kulmerland, Jebsen's, May 10. V." Eichhorn. Dr. L. Turiansky.

Miss E. A Malaya, E.A. Co., May 4. L. Stein Mrs.

Memnon, B...& 8., June 7. Zakrievskaja, Mrs. D. V. Neugent, Mentor, B. & S., May 17.

family. Ockeloen and

June 4. G.

Nockar,

May 2

Clarence

Cooke,

Mr. Robert

Lowrey, Mrs. Clarence Cooke, Mrs. Robert Cooke, Mr. and Mrs. C. M. Pigolt, Mr. A. Seidel..

HUMANITARIAN EFFORTS

Jebsen's,

one another by

One of the attractions to young making a great jamboree for their politicians while the peoples look men to become recruits is the op- on. praying to be delivered from portunity which the Royal Air Force affords for seeing the world, dangers they do not profess to un- derstand, and which, but for the for the majority are as keen on profitable profession of politics adventure as their forbears. An- would very often never have been other important factor is the cur- heard of. The present-day dicta-tainty that after joining the R.A.F. | Mr. tor, positive or potential, and by they can learn a trade and improve Mr. Figueiredo, Dr. A. A. Sinalko, Neumark,

New York, Statos Co., June 18.. von Wol. Mrs. L. C. de Zeouw, whatever name he may called, is their education, and so fit them Mr. and Mrs. E. Fauraz. Baron D. Niel Maerek, Jebeon's, May 12.

Mrs. A. W. Kester, Mrs. W. E. Neumark, Jebsen'e, May 2

Nordmark, Jabsen's, May 28. very like the Bollywood "star" in selves to earn their living when

Oldenburg, Jebsen's, May 20. that he must have the fiercest blaze they return to civil life on the

Patrocins, B. & S., May 23, of world limelight and be the big-termination of their period of Makesky. Ms. J. W. Rogers, Mr.

Peiping, Gilman's, June 18. gest noise on the ether. He must engagement. Fig. Of. P. C. Hig- even gins.. RAF. (retired), is in com- always "save his face."

mand of the Recruiting Depot at

Persons, B. & 8., May 4. Pres, Cleveland, A.M. Line, May 4. though the heavens fall.

Plymouth.

Pres. Coolidge, Dollar's, May 7. Pres. Gardeld, Dollar's, June 5. ARTIFICIAL CAUSES ̈.

Pres Jackson, A.M. Line, May 15. Politics Create the artincial

Pres. Jefferson, A.M. Line, May 1. ал not

Pres. McKinley, A.M. Line, May 29, causes of war. But I

Pres. Monroe, Dollar's, May 8. denying the existence of natural

Pres Taft, Dollar's, May 25. causes, inherent in human nature.

Pres. Van Buren, Dollar's, May 22. Racial antipathy is a condition

Protesilaus, B. & 8., May 1. which has existed" since the begin-

London, Apr. 29. Ranpura, P. & O., May 18. ning of mankind, and will last un-complished nothing

Asked in the House of Commons Rajputana, P. & O., May 15 til the end of mankind. We may

whether the Government proposed Rasipindi. P. & 0., May 27.

Shantung, Gilman's, May 2 Since war ceased to be a pur try to reason away any justifica

to take any action with view to

Sirdban, B.I. (Apoar), May 28, sult for ambitious potentates and tion for thoroughly disliking cer-

maska Bomerville, Bank Line, May 20. became a matter for nations, the tain types of humanity and being

Looking back over half a century supplying to Ethiopia gas main causes of it are more easily sensible of a kind of aminity to

I cannot but be struck by the fact and chemical materials for treat- Bondsa, P. & O., May Íi. defined. But there are a good many wards others, but the thing is an students of the subject who are elementary instinct, probably part that in the days when there was ment of gas-inflicted wounds, the Stentor, B. & 8., June 9

under no talk about the causes of war Foreign Secretary, Mr. Anthony Bumatra, Lloyd Triestino, June 5. not satisfied that these definitions of the original scheme

and collective security, and world Eden, said he understood appro- Taiping, B. &B., May 8. are altogether right, reasonable as which nature created such

Tamar, Gilman's, May 17. they may appear on the surface. amazing variety of races instead of peace founded upon justice, andpriate medical supplies for the Tai Shan, Dodwell's, May 17. Take the economie question, for working to a standard pattern. suchlike beatific platitudes, neither treatment of sufferers or funds for Talma, B.1 (Apear), May 13.

was there much talk about war at their purchase, were being forward- Tanda, B. & A. "8.5. C., May 9 example. Germany, having lost No doubt the evolution of common

Fiikembang, J.C.J Tine, May 3. her colonies, has no overseas ter sense, notwithstanding all the arti- all. Now the subject has become ed by various societies and private Tilawn, B.L (Apear), May 7.

import ficial efforts to circumscribe and a perfect obsession. In fact, to organisations in Britain.

Be need hardly add humanitar-Tisonderi, J.C.3. Line, May 9. ritories whence she can certain very necessary raw mater distort it, has rendered racial an-day there is only one thing which

||

THE ECONOMIC QUESTION

ternational armaments industries which is to bring more grist to in- than at any time save during the Great War. Clearly they have ac- towards eliminating the causes of war since

been marked by more the period of their existence bas preparations for war.

intensive

Aid For Ethiopia

J.C.J. Lino, May 18

› arrived at Tekohas o de las so se hás to buy them from pathy insuficient as a cause of is stopping war, and that is warfan efforts of that description C.J. Line, May 12.

The R. 14 8. "Empress of Asia”

April (Wednesday) at 8 p.m. and left Yokohama yesterday at noon. She is due at Hong Kong on the 7th May (Thursday) at 8.am and Jeaves Hong Kong for Mandia on It is understood that a supple- the same evening at Ave o'clock.

mentary estimate amounting to about £10.000,000 will be issued simultaneously,

"This sum will be additional to, the £10,000,000 extra for the Royal Air Force, already announced.

It is anticipated that an addi- tional vote for the Army, which la expected shortly, will be consider ably smaller-

The P. & O. steamer "Carthage" left Shanghai for this port on the 28th instant at 3 pm, and arrived in the Colony yesterday at about

9 p.m.

The Butterfield and Swire's sa "Perseus" will arrive from Binga-

pore on 4th May 1936, at 5 am,

VALUE OF RETAIL SALES

among others, the producers in her war except among those "back-itself. The more the world pre- the warm approval of the Govern- former colonies. Or, rather, her ward peoples" with which tribal pares for it and proclaims the ment~~ manufacturers have to buy them, feuds are the salt of life. Yet latest additions to the attractive British Wireless. for the economie machine balls racial antipathies still make all mechanism for slaughter, the more down to national industries. How the difference between an "un- difficult is it going to become to would the manufacturers be any popular war" and a war acclaimed force one set of men to go forth "had to and butcher another set of man, which 113 something better on if the colonies were

racial antipathy or not. Let us leave the solution of the causes of

London, Apr. 29a · We can never hope to look for- transferred back to Germany? come."

war to Mr. Lansbury and other

The value of retail sales in They would still have to pay for

March was 7.9 per cent. higher what they want. If they cannot ward to an era of world peace are not going to supply it; if they foundation as the elimination of go on preventing those causes

from taking effect by the im- than a year ago. Stocks were frac- afford to pay for to the producers which rests upon such a rock-like great minds of his ilk and let us can afford to pay for it the world's all the causes of war. During the

memorial precaution of being pre- tionally higher anal employment 6 markets are only too anxious to past two decades there have been

pared to tackle the aggressor even per cent, higher than in March,

British Wireless. deal with them, whatever flag Ales earnest-minded efforts to see what

to assume that role, over their ports. I agree that the conciliatory treaties will do. Well, if we are prepared to wait for him 1935,---- "involved question of trade ex-we all know what they have done,

J.C.J. Line, May 17. Toulouse, Thoresen's, May 8. 11. Tendareus, B. & S., May Victoria, Lloyd Triestino, May 21. Ward, States Co., May 8

NAZI BAN LIFTED

Bertin, Apr. 29. '' The Propaganda Ministry has withdrawn the order forbidding the mention of Dr. Hugo Eckener's name in the press Heuter's Bulletin Service.