1919-09-11 — Page 1

SOISON

LAMPS

The

Hongkong Telegraph.

68938 四拜禮號登十月九英港香

TO-DAY'S CHINESE TELEGRAMS,

PROPOSED NEW CABINET.

(ESTABLISHED 1881),

THURSDAY, SEPTEMBER 11, 1919.

ARMIES OF THE EMPIRE,

added to the principal. However, if the cost of things has advanced 50 per cent, the careful saver în worse off than he was when the money was deposited, for his $700 will not purchase so much as he SIR JOHN MONASH'S VIEW. could have been bought with the original amount. Actually his wealth, expressed in purchasing power, has diminished. Bondhold-

are similarly affected.

Shanghai, September 11- Kau Wan-pang has agreed to form a new Cabinet. A Bill empowering him to do so will be submitted to Parliament forers approval, but the On Fook party has secretly protested against this measure by advising Kung Sum-charm, the acting Premier, not to resign and by urging some members not to attend the meeting.

THE AUSTRIAN TREATY.

Shanghai, September 11. Owing to the Rumanian question, the Austrian Treaty will be signed two days later than the date originally fixed.

EX-PRESIDENT IN PEKING.

Shanghai, September 11. Fung Kwok-cheong, the ex-President, arrived in Peking on the 9th inst. It is said that his arrival is partly owing to the new Cabinet question, and partly for the purpose of dealing with the 16th Division, which has recently shown signs of disobedience.

PROPOSED REMOVAL OF PEKING UNIVERSITY.

Shanghai, September 11.

The Military Party has proposed that the Peking University be removed to Sam Hoi, so that the students way be prevented from starting further disturbances.

SPECIAL TELEGRAMS.

(From Our Own Corresprindent.

SHANGHAI TIME.

Shanghai, September 10. Shanghai returns to the old time on September 30.

SINGAPORE MEDICAL LICENTIATES.

PRICES" UNFIXABLE...

When

Sir John Monash Australian Commander-in-Chief, in an inter- view recently dealt with post war problems, and laid emphasis upon the need for co-ordinated training in the Armies of the British Empire.

“I believe," he said, “that one

BATH BINGLE COPY: 10 CTS

SHIPPING ITEMS.

The 5.8. Lindsay Moller arrived this morning from Moji. She brought no oargo. She is one of Massza, Moller and Company's vessels.

$36 * PERANN UM.

BOXING.

NEAL ANXIOUS TO MEET

"DANDING.

TODAY'S EXCHANGE. The closing rate of the dollar On demand to-day was 6-12-18. THE WEATHER. Forecast-Fair. Barometer": Teddy Neal, the local boxer, 2977. Temperature 3 pm. ~-84. writes us as follows ---

Humidity 8 pm-83.

ENGLAND'S GREATNESS IN PEACE

To show that I am in sarnest in my desire to fight Kid Danding, The Lun Shing, a British boat, I would like you to state that a consigned yesterday to this part deposit of 8500 with the Editor of the Hongkong Telegraph will be The fact is that a fluctuating

1,000 tons of rice meal from

immediately covered, and I hope; Saigon. She carried 275 Chinese this will ensure a match. It can price level always entails enor mous economic wastes.

passengers.

be raised to $1,000 a-side. prices go up the stockholder wine

The Nagoya, belonging to the without effort from the bond of the happiest results of the P. & O.S. N. Co., in came yester holder and the employee; war will be the complete day from Yokohama viaShanghai, when they go down the establishment

of class-com-with 2,100 tons of general cargo reverse is true. Either way radeship throughout the Em and 57 packages of mail. we have added new converts to pire. The war has welded the the society of malcontents. British Empire frmly sod in- Federal efforts in price fixing separably together, and all classes may afford a benefit on two, bat such governmental action will never seriously affect the general price level.

The remedy lies elsewhere.

•

FATHER VAUGHAN'S" TRIPLE ALLIANCE.

"In my letter yesterday, inj

Preaching recently at Farm saying that I was not a million-street Church, Father Vangban aire and that there must be said that the Times, in two quite purse, I meant that I would prefer minding them that the whale

admirable leaders, had been re a parse. But it must be under- stood that the winner takes all world was waiting to see if the The Quinnebang returned to I also said something about England which had been so great the Colony yesterday with 1,000 Danding cancelling his trip to war was going to be as grest America: what I meant to in pasce. It was discipline, com- convey was that at the conclusion radeship, and work that had made of our little argument he would her great in war, and they were probably decide to cancel that the constituent elements of Bag- trip."

land's greatness in peace. That

The Tacoma Maru consigined here 2,350 tons of general cargo from Kobe.

The 5.8.

MARINE COURT.

·

of man have been brought to tons of cargo for Hongkong from know each other as pever before. Swatow. The grim lessons of war have been burnt into men's hearts and they cannot forget them. The It is easy to imagine what blood-ties of comradeship between

We learn that before Danding's was the triple alliance in which chaos would follow if we returned men of the Homeland and the

The Muroco" from Hongay challenge was issued, Neal had alone they could put their trust to a system of measurement British Dominions are ties of carried about 5,000 tons of coal pat in an application to be allow. It had beaten into the dust the where the yard is defined as the sacrifice on the common field of for Japan. She is owned by the ed to proceed Home, but that proud alliance. Might, Kultur, girth of the chieftain of the tribe. battle, and this ever-willing help- Japanese Naval Department and immediately the challenge was and Frightfulness. What was it Ladies purchasing dress goods ing of one another has done ber agents are the Mitsui Bussan issued he went into strict training going to achieve in the near would have fared badly when more to unite the Empire of Bri-Kaisha.

with Sky Kerrison and is now future at home? They had a President Wilson succeeded Mr.tish man and woinen than state-

A thousand one hundred and anticipation of the fight

making every preparation in leader in their King, who was no Taft. But absurd as this may manship could do in a century-

worker in a seven-hour shift, but twenty tons of general cargo were seem, that is just the situation

We also gather that a well-worker for his people night delivered this morning here by known local sport, Mr. C. Bond, and day. which exists in the nation's

Australia has suffered terrible the Awakusa Maru, belonging to has guaranteed to stage the they had a section of the com- monetary system. Our dollar is losses in the war. Sixty thousand the Osaka Shoshen Kaisha.

In the old county families, too, simply a unit of weight posing as of our boys whom we could so ill

fight, and that he will have the a unit of value. It weighs the spare from our small population

Nagora departed assistance of another prominent and late in order to make £3,000 munity who driven to work early same as it did in 1914, but try to are left behind in Gallipoli, to-day for Singapore, Colombo boxing enthusiast, Inspector buy the same quantity of things France, and Belgium; but those Marseilles, London etc. with 101 Wildin.

do duty for £10,000 for what with it. Our forefathers selected Australian men and women who saloon passengers and 1.150 tons

with income and super taxes and ̈` gold as the basis of money have survived their duty have of general cargo.

local rates and depreciation of because of certain attributes that much to thank the war for. They

money, their income had contract- make it a good medium of ex-will be the builders of the

ed to one-third what it was in change; it is our job to make it future Australia. They have

pre-war days. In many instances. Before Captain Basil. Taylour, they had less to spend than skilled l a good standard of value instead learnt lessons of sacrifice

R. N. Ip Man, the master of workers at Birmingham, Sheffield of a standard of weight.

and suffering which have we shall mainly adhere to licensed boat No. 157, was prose and Middlesbrough, and other made them HOW TO LEVEL THINGS UP.

ready to our old system of universal cuted this morning for unlawfully, great centres of industry. The help others, and thus their training, which bas Prof. Irving Fisher of Yale is country. I feel very keenly about of incalculable value and ser-mission of the Harbour Master, idle nor "rh"

proved and without the written per- gentry of England were neither. the present champion of a plan this comradeship of the classes. vice during the war. The future using drags and grapplings with- for rectifying our unstable dollar. It is a practical religion which training of our army must strictly in the barbour limits for the said he thought his brothers, the Continuing, Father Vaughan, The method he proposes is approv-appeals to every creature and conform to that of the British purpose of lifting articles from hand-workers, might do well to ed by many noted Americans and creed It will solve so many home Army, and every unit of the bed thereof. This occurred turn their eyes to what was is worthy of careful attention. problems, and do much to main- British Overseas forces must be on the 9th instant The proposal is that instead of tain industrial and political peace. interchangeable. In this respect

being done by those old families. having a dollar of fixed weight, What we are trying to instil into lessons of the great war have 2.30 p.m. off Kowloon Docks he had helped in no small measura Sergeant Wilson said that at which, say what they pleased and therefore variable in pur the minds of our returned soldiers taught us much. We made many noticed a number of sampans to build chasing power, we substitute is that they have duty to mistakes, and we must see to it dredging off the s.5. Taising. He They had freely given, like the

England's greatzess.“ dollar fixed in purchasing performed in carrying on the that there is no possibility of made toward them, but they wage-earners, of all they had, power and variable in weight task which their comrades these occurring any more. scattered. Defendant, seeing that to keep the old flag flying. He To do this We would left unfinished when the "I remember one occasion at he could not get away, slipped claimed to abolish gold coins altogether. Bar bullets took them away out of the the front when I had command of his dredge and kicked over board worker pretty intimately, and know the hand- gold would lie in the government fight. They fought to establish five Australian and two American two bags of stuff. vaults, and in actual circulation Australia's freedom, to make her divisions. Splendid fellows they

if only he were As reliable this bullion would be represented the grandest country on earth, to were, and eager for the fray: but other sampans dredging there, so individual capacity, we could Defendant said he saw a lot of in his organised as in his by yellowbacks. It would thus be keep her bealthy, happy, and pro- it was impossible to get the best he joined them. He was fined $5 wish for nothing better. "They possible to vary at will the weight sperous, And this can only be results, simply because thejor 14 days' hard labour. of the gold dollar. without having done if every man and woman, Australians and Americans had to endure the annoyance of hand-boy and girl, achieves his or her had different training, and their ling gold eagles of various own portion of these high ideals. instinctive methods of doing weights. The Government would That is why soldiers' and sailors' things were according to their simply add or subtract a certain associations should prove of great training, and in the difference consistently upward, which is number of grains of gold-or a blessings to their native land. It much was lost. Uniformity of proved by the fact that the cost of grain-to or from the dollar, just reasonably follows that men who training throughout the Empire things generally has advanced fast enough to compensate for have really suffered in the defence must be established.

Soldiers P. more than 1,000 per cent. in a any loss or gain in the purchasing of their country have bought a trained in Australia and those thousand years. Scarcity is only power of the dollar.

priceless share in its interests, trained in England or Canada a part cause for this rise. A The Government can vary the and it is these men who should must be able to go into action more satisfactory explanation is quantity of gold bullion which it have a voice in the affairs of their without the slightest preparatory p.m. that price movements are monet-agrees to exchange for a paper (own country. · ́).

training as a whole." ary which is evidenced by the dollar as readily as the grocer fact the countries of like monst- can vary the amount of coffee he Never before was there so much ary standards have similar price will give for a dollar.

"Perhaps the saddest sight in This London to-day is the long queues need för straight thinking movements. Never in history has there been

variation might be monthly and of ex-officers and men, with such a splendid opportunity to

HOW THE DOLLAR VARIES.

would be based wholly on the splendid records of heroic service provide & scientific solution for

Government's index number of to their country, unable to secure The basis of our financial prices. In this way the paper employment and in dire necessity. the problem of our money stand-system is the gold dollar. It is certificate would always be equal Is this the reward. of a gratful ards, Before the war it would here that we have the principal to the gold dollar and the latter country in her hour of victory have been almost impossible for answer to the high-cost-of living would always be kept equal to and peace? It is a deplorable any one nation to standardize the problem. dollar successfully, for such an

the goods doller, which is the shame that many of these brave A dollar is 25.8 grains of final standard. When the index fellows when they return from the act would have embarrassed that standard gold, and an ounce of number falls one per cent. below trenches, after all they have gone country's foreign trade by break-such gold-which is nine-tenths the established par the gold dollar through, should have such a ing existing pars of exchange. fine is 480 grains, or 18.6 dollars. will be reduced in weight one per ghastly struggle to live. But, as I To-day these pars, have been This means that gold is stable, cent., and vice versa. This steer- broken, and the lessons of the but only so in terms of itself. ing

have constantly told our men, past indicate that it will be a The much-heralded fixity of the monetary automobile near to the selves. Men who have been in wheel would keep the it depends largely upon them- long time before dollar exchange gold dollar is somewhat of a straight line marked out; and the Army for three and four sells at par in Europe.

myth, for this stability is only in would Every decent citizen wishes to weight and not in value as ex-vulsions, making the measure for their trades and professions, ano eliminate price con-years have become unskilled in remove the evils that are foster-pressed in terms of other com- money as stable as the pound, naturelly, if they are going back ing discontent and fanning the moities. Since we deny to gold the gallon, the horse power and again to retain their jobs after flames of class hatred. Social the rights attendant upon supply the volt. Speculation in gold at demobilisation, they must see to unrest, like any other disease, has and demand, it evens the score the expense of the Government to it meantime that they are a point where the infection is with us by raising and lowering would be prevented by establish efficient to do so. Employers initiated, and the right way to the prices of other things. attack the trouble is to remove

ing a small fee to be charg- cannot be expected to employ The matter would not be so ed depositors of gold. This fee unskilled workmen although they the source. We have heard so serious if the rise in each person's should not exceed any one change should be prepared to make often that high prices and the income were to keep pace with in the gold dollar's weight. To reasonable allowances for service bigh cost of living are respon- the rise in the cost of living but no avoid any shock to brs ness the and sacrifice. sible for our social ailments that such happy condition prevails. I plan would start off with the

Singapore, September 10. Miss Lee Choo Neo. and. Messrs. A. C. Jumeaux, Boey Peng, Sam Chéng, Ah Koon and Ou Kok Bu have licentiated at the Medical School autumn examination."-

Miss Neo is the firs: Chinese lady to receive berdiploma locally

STABILIZING MONEY.

GOLD AND THE RISE IN

PRICES.

The following suggestive article is by Mr. Floyd Parsons from the Saturday Evening Post:→

we have failed to note the more With every fluctuation in the price level actually existing im- I am a profound believer in important facts back of high price level certain individuale mediately before its adoption. prices. Our error has been that who have outstanding contracta The method here proposed young men between the ages of compulsory military training of in searching for a reason for make or lose money. One gains would undoubtedly reduce the 18 and 25. I believe that cadet advancing markets we have what does not properly belong to intensity of business depressions, corps which teach strict discip sought for the cause wholly in him, and the other loses his right as well as lessen human dis-line are invaluable institutions, the goods and not at all in the ful own. Take the case of a man content resulting from delocating and there is no doubt that we

in terms of which the who has deposited $500in a savings i monetary contrastas The suré

sodbank. In years such an account, way to eliminate dangerou

times have if drawing intersata at four" per radicalism is) to

the trend has been cant has had more than 200

.

DON'T FORGET.

-TO-DAY.

are true as steel but anfor- tunately they are badly led," he contended It would seem that some of these leaders are bent on tearing down the old social fabric and of building up on its Coronet Theatre 5.15 and 9.1: ruins some Babel tower doomed to collapse and bury the nation Victoria Theatre 9.15 p.m.

in its dust heape." The preacher hoped that the Government, with TO-MORROW.

strengthen and underpin the the country at its back, would.

Commonwealth, and proclaim "Hands off."

Coronet Theatre-5.15 and 9.15 Victoris Theatre-9.15 p.m

Hình then you! keep ywe 'ands stilly thumbs in line with the sear of the trousers and look straight to yer front

From "Fragments.“

IF OLE BILL WERE JUDGE

Prisets

General Sir Willam Busby" Are you Bill Hohenzollern, the blo

about