1921-11-17 — Page 5

THE BLUE FUNNEL LINE

REGULAR AND FAST FREIGHT AND

PASSENGER SERVICE.

LONDON

MACHAON 22nd Nov, LAOMEDON 6th Dec. TEIRESIAS 13th Dec. BELLEROPHON 20th Dec. LYCAON

3rd Jan.

SERVICE

(Direct)

London, Rotterdam & Hamburg London, Rotterdam & Hamburg London, Amsterdam & Antwerp Landan, Rotterdam & Hamburg London, Amsterdam & Antwerp

LIVERPOOL SERVICE (Direct or via Continental Ports)

ORESTES DEUCALION AGAMEMNON

6th Dec.

Liverpool

14th Dec. Marseilles, Havro & Liverpool 20th Dec. Genoa & Liverpool

PACIFIC SERVICE

(via Kobe and Yokohama)

IXION TALTHYBIUS TYNDAREUS

22nd Nov.

J3th Dec. 3rd Jan.

NEW

TYDEL'S

TEIRES!AS

TEIRESIAS.

Victoria, Seattle & Vancouver

YORK SERVICE (via Suez or Panama)

16th November.

via Suez

PASSENGER SERVICE

23th Nov. for Shanghai

13: Dec. for Singapore & London

For Freight and Passage Rates and all Information Apply to:-

BUTTERFIELD & SWIRE

AGENTS.

THE NORWEGIAN AFRICA AND AUSTRALIA LINE

S. S. "BESSA”

will be loading on berth about the end of November taking cargo on through Bills of Lading for Scandinavian Ports at Conference Rates. For space and particulars please apply to

THORESEN & CO.

FLASHES FROM THE STATES.

Agents.

After our performance relative to the Versailles Treaty we can- nos well object to Japan's cater ing the proposed Disarmament Conference with reservations.” twin-Columbus Dispatch.

What Ireland needs is beda-facianopolis News.

Soviet Russia hungers. after cnrighteousness.-Norfolie Vir

ginian-Pile,

it begins to look as if all that will be latt of Turkey in Asis Minor is a Greece spot-Norfolk | Virginian-Pig.

THE HONGKONG EELEGRAPH. THURSDAY. NOVEMBER 17; 1991.

MANY BIG PROBLEMS.

Premier's Address.

The Premier made a lengthy speech at Inverness last month when receiving the freedom of the burgh.

The following are loading points from the address.

CAUSE OF OUR ABNORMAL TRADE DEPRESSION,

I should like to say a littlə about how we are to bridge the yawning chasm of unemploy ment

A good deal has been done. More has been done in the last two years than has ever been in the history of this country or of any other land. But what more can be done!

You reminded me, Mr. Provost the contioned) that I came to the -That is what we are applying. Highlands for a restful holiday. our minds to, so that myriads of (Laughter.) 1 felt that I was our fellow countrymen who are putting the most formidable bar-deprived of the opportunity of rier of mountains between me earning their living under condi- and my work and may I respect- tions over which they certainly fully say, some of the most for-have no control shall not be midable raads in Great Britain. dropped into the gloomy and des- (Laughter.)

pairing depths of that abyss.

As I drove along from Achna- sheen to Gairloch I felt absolute- ly secure; but I regret to say that my worries were of a character that did not permit of any obstacle, boxever great, standing in their way. They managed to hunt me down even there, and my holiday has been rather of a rest- less character.

However, the bracing air of the Highlands has managed to beat those worries away, and I feet all the better and stronger. (Cheers.)

HOPES OF WASHINGTON.

WASTAGE OF WAR

This is not an ordinary trade depression. It is not one of those Buctuations in commercs or bu Dess which we are all accustom- ed to. It is abnormal and attribuit. able to aboral circumstan: •

It is due to the shattering effects of the war on the world's trade and the world's credit and the world's confidence.

Practically every great Empire in Europe has been spending gigantic sums in the great coo- When members of the Cabinetflict. They have had to mortgage return from their broken rest this their resources and to pledge their future to pay debts incurred work they will be encountered by in that conflict. several very formidable problems -three in particular.

The result is that they are all impoverished; and traders, i3- workmen, everybody

Vastors

SHIPBUILDERS.

1.

SHIP REPARERS.

BOILER MAKERS.

FORGE MASTERS.

OXY-ACETYLENE AND ELECTRIC WELDERS.

MECHANICAL AND

ELECTRICAL

OF HONGKONG, LIMITED

TAIKOO DOCKYARD & ENGINEERING COMPANY

ENGINEERS.

-DRY DOCK-

LENGTH 287 Peat.

LENGTH ON BLOCKS 750 FEET

DEPTH ON CENTRE OF

SILL WAS.T.) 34 FT. 6 INS.

- THREE SLIPWAYS-

CAPABLE OF HANDLING SHIPS UP

TO 3000 TONS DISPLACEMENT.

ELECTRIC CRANE AI SEA WALL, CAPABLE OF

LIFTING 100 TOKS AT 70 FEET RADIUS

*

fel, 'RSONCE :—" FAIK.DODOR" MDAINONG

TELEPHONE 10, 212

"ALL FLAR. "T OVER "ANS PENNANT.”

BUTTERFIELD & SWIRE. AGENTS,

HONGKONG, CHINA & JAPAN.

One is the preparation for a

Take Berlin. Before the war policy of other nations, and the very eventful conference in

dependent on them. must neces-120 marks went to the £ A year conditions of exchange depend Washington on disarmament, and another is the conference on Iresarily be impoverished for years ago the sovereigh fetched 212 on the financial activities and

Isad. The third is the great problem of unemployment.

With regard to the Conference at Washington, if it is wisely ap prosebed and conducted in broad, courageous spirit, it will constitute one of those outstand- ing events which should affect buman bistory for generations to

come.

to come.

The same thing occurred after the great Napoleonic wars, and if you take the trouble to read the history of that period you will see that they had worse time than

these.

The well has been depleted: it will take years to fill up: it will certainly take years before it

marks; last week the sovereign would fetch 437 marks.

22,000 TO THE £ Take Poland. The mark. before the war, stood at 20 to the sov- ereign A year ago it stood at 930 to the soveraign. Last Sator day you could ga: 22,003 marks for the sovereign. Yesterday it cams down to between 20,000 and

|22,000 and 20,000 in the course of a single week, and it fluctuated to the extent of 1,000 in a single day.

the foreign policy of all the

nations of the world.

CONDITIONS IMPROVING.

When will these condititions

GREAT SHIPYARD SCHEMES FOR LONDON.

And so far as the British Gas, begins to overflow. Meanwhile 21,000. Thus it varied between really firm basis for their ownjcorating ships on a large scale.

ezsment are concerned, we shall certainly do all in ear power to make it a success, feeling that in doing so we shall be interpreting the wishes of every citizen throughout the Empire. (Cheers.)

IRELAND.

we have to take steps to look after those who stand parched on the banks of the dry and stony

channel.

ERRATIC EXCHANGES,

It is a world condition. received in the last day or two written by one of the most brilli

I

Take Vienna, where the kronan was 24 to the sovereiga. A year ago it stood at 820; last week it

|

The welcome news has been 'be stabilised? I am hopeful I announced ia London that think things are improving. These Messrs. Harland and Wolff, the conditions will stabilise Srst of famous Belfast shipbuilders, have all when nations learn that cons taken over yet another site on cord and co-operation with their the Thames to develop their neighbours constitute the only schema for repairing and rede-

national prosperity.

They are beginning to learn it. Fitsbrands in these nations are not listened to with the same respect as they were over 1 year ago, and the fact that their cries are becoming shriller is only a

in their appeal.

They will also improve when nations realise that they are not increasing their national wealth every time they turn out a new batch of Treasury notes from the printing presa; and thatis a very important consideration.

As to the Irish conference, very remarkable memorandum. 1ood between 5,100 and 5,500-a proof of their lessened confidence to undertaka work on a moch

in Inverness.

At any rate when we enter into this conference next week we shall do so on the basis of what is now known as the Inverness formula. (Cheers.)

ant economists in the world-

difference of 400 in a single day.

You cannot do business so long

had some hopes that we should bave started that in the High-Professor Cassel, of Sweden. He as you have those conditions. If lands. I felt that the envirop-

wrote that brilliant document it remained at 20,000 or a 5,000 ment would be very helpful. which attracted so much attten at 90, you could do business; (Cheers.) From no fault of minetion, a document on the exchanges but when you are buying and nor my colleagues, we did not of the world, for the Brussels selling in these countries you are succeed in arranging a meeting Conference last year. Now be not baying or selling across the

has written a second, and this is counter.

You enter into contracts for what

a: he sage

the very

weeks, months, and sometime beginning:-

How can

you face The world's work has been for years. brought to a standstill to a degree prices, either as a buyer or & that we have never witnessed seller, when there are fluctuations before, and unemployment has of such an enormous character in la a single year in folsad the risen to alarming figures. It is a single day? (Uheers) something the whole world is suffering from, and it is remark mark goes up from 930 to 22,000 able that the two countries whose to the sovereign. suffering most severely-the credit stands highest are those United States of America and

That formula was framed in

this chamber, and finally accept d by the chief of the Irish people. (Cheers.)

There have been so many efforts to settle the Irish question, all of

Ireland may yet accept a limit ed divorce Asha rille Times.

Japan will play, bus will bring her own dice.-Chiruyn Tribune,

The man who gets busy is the man who gets business. which have failed in the past, that I find myself compelled to check York World.

my pative hopefulness by coo-Great Britain. templation of the past failures.

war.

Would a Dominion of Ireland Greeks are reported to be taking include New York City Well ciues from the iuras with great | Street Jourwil.

Dispatches say the entire Ger- rapidity, but they seem always Lo be the SAME cities-Chiceman nation has turned again-t News.

This is not particulary Buy coal now," says Secre-surprising considering the way tary Hoover-but bis salary the late war turned against Ger-

many.-Shuttle Times, $12,000 a year-Boston Globes

In selecting November 11 as the Man has conquered the air.] The young lady as the piano next date of the International Con- door hasa't.Detroit Nens. ference on various matters, the Sign on Disarmament Confer-Allied Powers, doubtless, had in ence mat should read: All ye mind some recognition of the date on which Germany began to win who enter bere abandon politics."

the war-in lianapolis Ners, Wall Street Journal.

Love at first sight usually ends with divorce at first slight

Asheville Times.

TRUST EACH OTHER.

Unemployment in the United States runs to something like six All that I can usefully say cow million persons, and our total is about the conference is this; Ione and a half millions, which is can only succeed if those who lower than Ametica even in pro- enter it make up their minds portion to the population of that definitely, courageously, and re-country. solutely to trust each other to the These are conditions which cominoasen94 of their

base paralysed trade. These people, and not try to reconcile conditions are reflected in the extremists who are essentially actuation of the exchanges of irreconcilable. either side. the various countries. It is worth your while looking at the table (Cheers.}

I am certain that the common of the ex hanges of Europe day дедза of the British and by day. You will then begin to the Irish people can be trusted tealise how difficult it is to do to make peace on a basis that will busin239.

01

be satisfactory to both.

Take

3

few of

BILLIARDS ON ROUGH SEA

It is the large plot of land on the wast side of the new lock-gaiss of the King George V. dock at Silver- town. Altogether some eight or more sites have now been secured by the firm for this purpose, which, of course, will allow them

greater scale without congesting their yards on the South and West coast. It is anticipated that, eventually, several thou- ssads of men of numerous trades will be engaged. It is understood that the firus will take over prac- tically all the repair work, inclod- ing ships, barges, tuga, lock gates, There are very able men who and machinery, together with the think we have gone too far, inplant of the Port of London Americs and this country, in the Authority, and that over £250,000 process of deflation; but there is is to be spent on the erection of

of many

zepair work that would in the absolutely no doubt in the minds new buildings alone. Hitherto, countries bare gone much too far ordinary way be executed on the in the

INFLATION.

that those

ofber

river bas had to be sent else- process of inflation: and the first real condition of where. When once establiabed on the Thames side, Messrn. Hár- stability in business is the

land and Wolff intend, it is hinted stabilising of the exchanges to go forward with such an am-

bitious scheme of extensions that

You will not stabilise until you stabilise both your

as the first port in the world, and foreign policy and your finan-London should rank once more not give precedence to Liverpool, as at present.

It is quite impossible to do business. It is jast like trying to play billiards on an Atlantic liner in a rough sea. You never know, when you hit the ball, into whichcial policy, pocket, or into whose pocket, it will go. (Laughter and cheers.) You do not know whether it will go of the table altogether.

NO DEFINITE SCHEME YET. The schemes of Ministers have

not been formulated. They can only be determined by meetings of the Cabinet. These meetings will begin on Thursday for the ex-drafting of suggestions.

As for Russia, that paradise of Karl Marxism, their paper money is oot quoted on any earthly change. (Laughter.)

So that those who say "All you have to do is to take away everybody's property and make it belong to everybody else," have no encouragement in the state, of the paper money in Russia. As a matter of fact with a handful of them. sovereigns you can buy enough

The world is becoming safer in some respects, you never bear Low of a lady casabing ber beel in the rufe of her dress and

But if, on either hand, we feel In Paris. where the sovereign roables to stabilise the road about 25 francs from Achnasheen to Gairloch. falling downstairs.Columbus England set out to have Ireland that we are bound; if we have fetched Dispatch.

One thing is certain; when

she did not count on twins.-given bostages as it were, to ex-before the war, it now stands at (Laughter.)

We can control our ova We doubt the rumour that nice | Philadelphia North American. treme views, and that we cannot 52 francs. In Rome the lite stood

A stainless steel women in England have been

has been leave the conference chamber at 25 to the sovereign before the finances, and if we do not the cured of smoking because the invented in England. What a without carrying out the wishes war, and now it stands at 90. It nation has the right to put some- common people bave taken it up. fine thing for a nation to make its of the men who hold these views, stood at 90 on September 23, is one else there to do it. We cáo

oft-Cleveland That never cured" the men swords

Plain then I feel it is hopeless to try stood at 91 on September 30: it control our own foreign policy, Dealer.

to settle that question. Columbia (S. C.) State.

altered 4 points in a single week. but we cannot control the foreign

FRECKLES AND HIS FRIENDS

Page Luther Burbank!

ment on it..

WHEN A MAN'S FORTY,

41

if he has not previously wora No scheme will be determined glasses, he should lose no time upon until the Government as in having his sight properly test- whole bas time to consider it. ed. If he has worn them, he it will be reported should make quite sure by s Then to the House of Commons, which scientific test that bis glasses do is entitled to pronounce first judg-not want altering. This is im- portant. Up to the age of forty the muscles of the eyes will some- times make up for defect by straining. After forty, HOUSES GOING CHEAP.

elasticity of these muscles grad- Dudley Town Council has de-ually lessens until they become cided to sell 300 houses at sums quite taut The Hongkong Opti- varying from £310 to £400. The cal Co., Successors to Clark & Co. tenants are to have first option Refracting and Manufacturing. of purchase, and are to be given Opticians, located in 53, Queen's every consideration to enable Road Central, have the equipment

to test your sight accurately. them to bay.

BY BLOSSER

the

SEED

POP, IS THIS SEED GOOD FOR

ANYTHING

WHY SURÉLY-

LET ME

SEE IT.

:IE I PLANT IT WILL BIG RED APPLES"

GROW ON IT,

I WOULDN'T BE

A BIT SURPRISED,

POD?

TAG.

THAT'S FUNNY-

I GOT THA SEED

OUT OF A

PEAR!

Page 5Page 6