1926-09-29 — Page 8

THE HONGKONG TELEGRAPH

WEDNESDAY, SEPTEMBER

$1926

MADE IN CANATAL THE BEER WITHOUT & PELA

Ca

VER BREWERIES LIN

VANCOUVER.

THE TRUTH A BOUT

PURE BEER

in the past several years the pubic has been told

many things about beer,

yet it is not surprising that

川

many people should not know what beer really is, for the merits of pure beer have been almost entirely neglected by controver sionalists. To-morrow, we will tell you about the con- stituents of

CASCADE

which is Pure Beer!

GREEN ISLAND CEMENT Co., Ltd.

MACHINE MADE WIRE-CUT

BUILDING BRICKS

Stocks on hand.

For particulars apply to:... ·

SHEWAN TOMES & CO.,

General Managers

St. George's Building.

TROUBLE FREE

Plumbing and Sanitary Engineering is :: Speciality

our

AUMBING We employ expert

workmen who carry out their work under European supervision.

Estimates and Specifications Free C. E. WARREN & CO., LTD. China Building Facing Queen's Theatro)"

Telephone C. 269. ESTABLISHED 1899.

RELINQUISHING OUR BUSINESS

FOR FOUR DAYS

ONLY

From Sept. 27th to Sept. 80th we offer a general

20 per %

DISCOUNT

on all goods in stock

MAGASIN GENERAL

THE NAVY'S CHOICE

Coates?

ORIGINAL

PLYMOUTH GIN

OBTAINABLE.

VERYWHERE.

CHINA'S WAR.

FENGTIEN AID LIKELY:

Péking, Sept. 29.

LIGHT

Shih Sich-yuan, who returneu to Changhaintien yesterday even ELEGANT ing after a conference with the Fongtien authorities at Peking. will probably proceed to Chenga chow shortly to consult (Wu Pel-fu about sending Fengtien reinforcements to the South. Router.

FAMILY FORTUNES.

SIR. J. STAMP ON INHERITANCE OF WEALTH..

2

The inheritance of wealth was discussed by Sir Josiah Stamp. in his presidential addrean to "the economie section of the British Association recently.

"Thera" could be no better in- stitution, declared. Sir Josiah, than a kind of moving annuity which would pass from generation to generation, not at the death of each person, but from him to his children, at a point where his por aanal need for it has become less, and when his son's needs have be- come greatest.

"The inheritance would not, therefore, be one passing at death,; but one passing at middle life. It would be like a permanent endow- ment of the family at its most difficult period, and there could be no more honourable object of ambition than to endow one's. family in this way, because it would be of the highest, eugenic value to the community,

"The more We survey the biological field the less do we find justification for inheritance of wealth by others than direct des- cendants or dependants.

:

Personal Effort..

"On the other hand, it does seem to me that we derive considerable support for the orthodox view that the power to make bequests in the direct line is an important econo- mic factor in the accumulation 'of capital and in great personal effort.

"There must be many thousands, even millions," declared Sir Josiah, who continue to accept inequality, not so much of wealth as of wealth due to inheritance as part of the scheme of things against which | they have little grievance.

"They are believed in 'lue and coming into wealth from a for- gotten unele in Australia may, move to envy, but it does not lead into malice or resentment."

"There are, however, numbers who, in times of distress or un- employment and labour trouble, can be brought to co widerable moral reaction against any display of luxury on the part of the 'classes' that do not work for a living.

"We have heard of the rosent- ment against mining royalties, which, as a peculiarly provocative form of inherited wealth, contri- butes in a marked degree to that lack of good feeling in the mining industry which has a marked economic significance in output.

"In America that grievance about inheritance had no adverse effect on production on the part of the workmen.

"Indeed, I was assured," Sir Josiah "declared, "that inequality" of wealth stira men to effort, to emulation, and to ambitions, and gives a dream and a goal. ..

"At the same time, so far as this country is concerned, if there were no inherited wealth. at all, it might be easier for the average mind to accept difference in human capacity and fortune.

Inheritance, Sir Josian thought, had only a very slight effect in making men idle, however glaring individual cases might be. "But the effect upon subsequent saving and accumulation is most impor- tant.

**

"A man with an inherited for- tune of £20,000 who works hard and makes, say, £1,500 a year, has no strong incentiva to do any more saving out of his combined Income of £2,500, and may be content to pass on the £20,000 Intact.

"But for this fortune he might have been a new, saver.

The Now Health Society has ac- quired the lease of 89, Bedford- equare, London and wül probable take up its headquarters thoro at the end of this month,

ROOMY:

FIAT

FIRM

SILENT

SURE

FIAT-MODEL 503 NEW SHIPMENT ARRIVED

Light, siloat, and economical, the Modal 503 with its motal-frame, combines elegance and comfort.

Its metallic, frame, electrically welded, is firm and can- not be distorted, thus ensuring à perfectly silent car.

Insulating material is inserted between the body and the Chassis, doadening.overy sound, and eleminating croaking.

The metallic body members are very light and strong, rendering the whole car vary light and sturdy,

Let us show you this fine car.

Engine: 4 cylinder 15/30 H.T. Spoods 4 forward.. 1 reversa

General equipment: Speedometer, clock, 4 wheel braices, Balcon tyres, spare wheel and tyre; Head-lights", (self-dimming), metal parts nickelplated.

The very best you can get for your money.

Fiat Model 503 5 seator Torpedo De Luxe ... $2650

2.

Saloon Cabriolat

$2550

$2800

$3500

$3600

Agents for Hongkong and Canton Societa Italiana Imp. Esp. Estremo Oriente, Ltd.,

*Managers A. GOEKE & COMPANY, 3rd Floor, China Building.

Telephone C2221,

Telephone C. 2221:

Just arrived per S.S." D'ARTAGNAN "

Roquefort cheese

Genuine Gruyere cheese Savoie cheese

Froah Cammembert cheese Gruyere cheese in tin of G portions Saucisson d'Arles

Marrons glacees in boxes of various sizes Creme de Marrone, large and small dins; Crema de Marrons in jar

PRICES MODERATE Obtainable at THE FRENCH STORE 8. and 9 BEACONSFIELD ARCADE

SPORTIVELY

A BATHING SUIT"

Travel Home

CANADA.

CANADIAN

NATIONAL RAILWAYS

THE CANADIAN NATIONAL RAILWAYS largest railway

in North America, offers every comfort and convenience to travellers

going to England. Wo will be pleased to furnish rates and Illustrated booklets on request.

Asiatic Bldg. Queen's Road C.

C.N.R.

HAS THE

BOYCOTT

Telephone C.2004.

ENDED?

The papers say so. We like you, hope so.

To celebrate this occasion we have

2

arranged a

GRAND GALA

DINNER DANSANT

оп

Saturday, October 2nd at 8.30 p.m. AT

THE CAFE RESTAURANT PARISIEN

Every couple on the floor will be presented with a handsome souvenir on this auspicious occasion.. RESERVE YOUR TABLE AT ONCEA

THE

BRUNSWICK PANATROPE

The Brunswick Panatrope is the world's first purely clec trical reproducing musical instrument. The new electrical method of recorded music reproduced on the Panatrope resembles, the photographic, process so clos-ly that this amazing discovery is often called "music by photography."

"Demonstration given daily.

THE BRUNSWICK HOUSE

17 Ice House Street.

SPEAKING.

GOLF TWOSOME"

A TENNIS

MATCH"