1921-08-27 — Page 3

Just

NOTICE.

Jjetor

THE HONGKONG: TELEGRAPH.

Arrived

No. VIII VICTROLAS

No. X VICTROLAS

No. XI

VICTROLAS

Also good

good selection

Victor Records

of

S. MOUTRIE & Co. LTD.

SOLE VICTOR DISTRIBUTORS

JUST ARRIVED

A new consignment of

ALKIA & REUDEL BATH SALTRATES

Highly recommended in eases of RHEUMATISM, GOUT, LUMBAGO, SCIATICĂ & SKIN AFFECTIONS.

COLONIAL DISPENSARY

Telephone 1877.

14 Queen's Road, Central.

DINNER SERVICES. TEA SETS

FON 12 PERSONS)

RUGS

CARPETS & TABLE COVERS

HOP CHEONG

Tpiepbone No. 554.

Craghe Hate Farmishers, .55. Quesa's Road Central

YOU CANNOT AFFORD TO BE WITHOUT THEM.

JUST received a large Consignment of (1) LACTOGEN the most digestive food for Infants which keeps good in quality during Hot Weather; (2) LACTOSE (Milk Sugar) for sweetening the foods of facts and Dyspeptics: (3) MILFORD-MOGRATH FLUID INSECTICIDE the Best Fluid for destroying Blaas, Mosquitoes Bugs, Ties and all other Insect Pests in Summer days; and 14 JOHN CAHILL'S GOLDEN FLEECE, MAGIC and CINDERELLA SOAPS for keeping everything clean in House8.

PRICES are Very Moderate. Inspection and Enquiries are cordially invited.

三、理代銀粉奶牛仔

SHIU FUNG TAI & CO.

Sole Agents for Hongkong and South China

47 and 48 Connaught Road Ceutral, Hongkong. Telephone No. 1239.

Lage

Asany

SOLE AGENT,

DAI NIPPON BREWERY COMPANY LISTEN TOKYO, JAPAN. SPECIALLY BREWED FOR EXPORT'

MITSUI BUSSAN KAISHA, LTD.

HONGKONG.

SATURDAY, AUGUST 27, 1921.

STATE CAPITALISM;

LENIN'S EXPLANATI''N OF THE NEW

SYSTEM.

*Have you returned to capitalism?" That is the question 'a U.3. Prasa correspondent put squarely to Lenin, the Russian dictator, and which he answered by wireless from Petrograd.

The gist of his answer is that Bolshevist Russia has accepted | capitalism—but it is State capit-

alism, not privats capitalism.

“Petty bourgeois elements pre- dominate in Russia and therefore [State capitalism——that is, organis- ed production on large capitalistie 1 basis but under State control and administration-represents for Russia a big step in advance,” says Lenin,

Our western friends surely do not forget the technical economic- al difference between America and Russia: yet our enemies In- sistently disseminate

rumors about our alleged return to capit- alism,

"Here our enemies are mis. taken. Progressing to a system of State capitalism is no return to old positions. On the contrary, it is legitimate progress to a technically and economically more perfect method of duction,

pro-

The food tax is one of the forms of transition from a peculiar military communism, enforced by extreme need and wardestruction, to a regulated state of socialistic exchange of commodities which in its turn is a form of transition from petty bourgeois production to communism.

* Military communism with food levy and other measures contributed to our victories on battlefronts. Therein it served its purpose, but it cannot now answer the demands of the pro- letariat.

CORRECT POLICY FOR RULING PROLETARIAT.

"The correct policy for the pro- | letariat ruling the petty bourgeois in Russia is exchange of bread for industrial products. Only such a

policy can strengthen the founda tiona of socialism and lead to

victory.

"We could attempt to forbid. any development of private trade, but with the existence of millions of petty producers, private ex- change is inevitable and pro- hibition of this trade would be economically impossible.

Therefore the only reasonable policy for us consists not in pro- hibiting capitalism, but in direct- ing it into channels of State capitalism.

"This is economically possible because State capitalism exists in one form or another everywherein all countries that contain, any element of free trading and

capitalism.

"What are the forms of this state capitalism?

"Firstly, concessions. By in- troducing State capitalism in this form the Soviet strengthens big productions against petty pro- ductions, the advance against the hackward, machine production against handicraft.

***By taking a share of products from the concessions, the Soviet and strengthens big economy increases its stock of commodities

against the petty.

"Now for the second form of State capitalism. Just as we are directing capitalism production into channals of the State, even

WATER POLO LEAGUE.

Yesterday's Games.

Yesterday's games resuljed as follows:

United Athletic goals, H.MS. Tamar 0.

Lusitano 8 goals, HM.S. Forglove 0.

Matches for Monday next :- 5.15 p.m., R.G.A. Wiltshires. 5.45 P... V.R.C. ▾ United Athletic.

League Table

Clab

P. W. L. D. Ft. Lusitano

3 3 0 0 6 United Athleto 2 2 0 0 4 V.R.C...

2 2 0 0 4 RG.A.

2 1 1 0 .3 2nd Wiltshires 2 0 0 0 H. M. S. Tamar 3 0 2 0 0 H. M. 8.

Foxglove..... 30 3 0 0

INTERPORT SWIMMING.

Hongkong v. Shanghai.

The following latier, dated 19th August, has been received by Mr. R. C. Witchell, Hon. Secretary, Victoria Recreation Club, from Me. B. D. Encarascao, Hon. Secretary of the Shanghai Amateur Swim- ming Association.---

My committee having received the list from the Club of the swim. mers willing to make the trip if chosen have been able, at a com- mittee meeting held last night, to accept your very kind invitation. A debsite team will not be chosen until siter the local galas have taken place but the maximum man who will make the trip will not in any case exceed tea.

Sincerely hoping that'this will

so we direct the free sale of aor.leave you sufficient time to make plus products into channels of co- the necessary arrangementa, operation.

***The similarity of these forms and their preferability to anarchial capitalism consists in more facilitated control, in establishment of treaty relations

TENNIS.

Garrison League.

between Soviet and capitalist matches played during the week:- The following are the results of

governments.

TO COMPETE WITH WESTERN CAPITALISM.

"The policy of concessions will give us a small number of equip ped big enterprises on a level with the advanced capitalism of the rest of the western world. After while these concessions will pass completely into our possession.

2nd. Wiltshires beat R. A. 3. C. by & sela to S. Bdsm Murant and Bdim Rogers heat Major Tomlin. so sad Upl. Stone 7-5, beat B.M. best Sgt. Wilkinson and Cpt. Thompson and Cpl. Savage -, Rhodes 1. Edam Dobson, and Bdsm Jones lost to Tomlinson and Savage 15-13, beat Wilkinson and Stone 1-6, beat Thompson and

Rhodes 6-3. Sgt. Wells and Bdəm

Ist to. Tomlinson and

Rhodes 6-2.

"The policy of co-operation will cause the advancement of Tengle petty enterprises and facilitate Stone 7-9. lost to Thompson and the transition from small to big Savage 30, beat Wilkinson and production. At the present time the development of small in- dustries is most important in Russia, rained by wAIS blockade.

and

R.E. beat R.G.A. Pseta to bil. S. M. Smith and S. Sgt. Hamblia beat S. Sgt. Gillard and Sgt. Walker 6-0. beat C. S. M. Wil "Trading and commerce roust Br. Newcombe and Gr. Clow & D. liama and Sgt. Phillips 6-1. best be developed at all costs and without any fear of capitalism.C. 8. M. Pearson-and Cpl. Town- for its limits have been set brend beat Gillard and Walker 6-1, definite Soviet measures, which best Williama and Phillips G-0. direct into the form of State beat Newcombe and Clow 62, capitalism or co-operation

Spr. Coupland and Spr. Newing

$-0.

This is the underlying thought beat Gillard and Walker of the food tax and measures con- best Williams and Phillips 6-1, beat nected therewith. Such is its Newcombe and Clow &-0. economic significance.

"Thereby we will obviate the besitation of small producers, Club P. while against political waverers R.E like monarchists or followers of R.A.0.C. militarism, we will wage a pitiless 2nd, Wiltshires struggle.

R.A.S.C.

The waverers are disunited:B.A.1.C. we are united. The waverers are R.G.A. not economically independent; the proletariat is independent.

The waverers don't know what they want. We know and therefore we will conquer."

EARLIER TELEGRAMS.

(Continued from page

HOME CRICKET.

London, Aug. 25.

The match at Taunton between the Australians and Somerset

was continued in fine weather, on a good wicket before 6,000 spectators. In their first innings Somerset scored 123 (Considine, 47 not out). McDonald took seven wickets for 31 runs. Following on, Somerset made 150, of which Lowry contributed 56, including two, sixes and seven fours, by splendid hitting, Armstrong claimed seven' wickets for 5 runs. The Australians won by an innings and 58

JUDY.

ANTFWASTE BYE-ELECTION.

London, Aug. 26.

League Table.

I. Pts.

9 0 18.

7

& 1 12

5

10

7

3 4

6

9

7

4

V 'U

D

D

CANTON'S LABOUR

TROUBLES.

The Masons And Teahouse Workers.

Several meetings have been, held between the masons and carpen- ters of Canton and their employers for the settlement of the strike sud the last oos, held at the office of the Police Bureau, resulted in s partial settlement.

The employers have agreed to concede the demand of the strikersi for higher wages. As to the demand for better meals and refusad. The police authorities, shorter Loura, the employers

that the 10-hour day should be who acted as mediators, suggested

full mesta should be served instead reduced to sight hours and three

of four as was previously the case. The representatives of the strikers seemed prepared to agree with the suggestion but they adjourned to consult with the meh before giving their consent.

After a conference at the Gover-

The bye-election in the Abbey Division of Westminster resulted es under:-Brigadier General J. S. Nicholson (Independent Connor's Yamen of representatives of servative Anti-Warta) 6204; Colonel R. V. K. Applin (Anti-Waste) 4,970: Mr. Arnold Lupton (Independent Liberal Anti-Waste) 3,773..

GREEKS AND TURKS.

Smyrna, Aug. 25.

the teahouse workers and their am- ployers, which was prasided over by H.E. Koo Ying-fun, Acting Governnt, the strike of teahouse workers has ended. The chief Idemands of the strikers have been granted by the employers leaving A Greek military communique, dated August 28rd., says: After discussed The strikers, however, only a few minor demands to be long marches along both banks of the river Sakaria and through the have been ordered to resume work great salt deserts, we came into contact with the main enemy force It is estimated that more than south of the river Gheoaksou, a tributary of the Sakari.

&,000 were on strike.

“

NOTICE

LILY OF FRANCE"

SILK SOCKS GREATLY REDUCED

TO MAKE ROOM FOR

OUR WINTER STOCK

Prices

$1.75 $3.00 $4.00 Usual Price

$3.50 to $7.50

IN SHADES OF WHITE. GREY, BROWN, NAVY, CHAMPAGNE, SLATE AND CORDOVAN.

LANE, CRAWFORD & Co.

FINAL WEEK

OF

WHITEAWAY'S GREAT

SALE

MONDAY, 2916 AUG. to SATURDAY, Sept. 3rd,

For this final week we have made special. preparation in all Departments and are throwing out thousands of Oddments at

10 cents

25 cents

50 cents

One dollar

QUARTER PRICE

AND.

HALF PRICE

REMEMBER.-As well as these oddments our

entire stock is included in this Sale without exception,

so NOW IS THE TIME TO BUY.

Sale ends Positively

Saturday 3rd Sept.

WHITEAWAY, LAIDLAW & CO. LTD

BONGKONG.

Invalids Enjoy

Benger's Food Letters from doctors and nurses continually voice the gratitude of patients for it. Intalid after UVIDA writes to say :-"It is the one Food of which they never firm." The case with which

BENGER'S

Food

is digested and absorbed, makes it most welcome to pallents, and it ranks highest among nutritive foods, t

Benger's forms with milk a dainty cream, which is uberbed with little digestive effort.

From xy Eminist Surgeon, Pol

2 Alvar a Juzztysed ezarriveer of fondu port an

Fall peršančtest and fietsage with out the. BENGERS FOOD LYDI.