1927-06-04 — Page 5

Hongkong Telegraph 港電新報 士蔑新聞 All

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THE HONGKONG TELEGRAPH,

HIGH MARRIAGE RATE IN GERMANY.

FEAR OF RISE IN DAWES RATES.

SATURDAY, JUNE 4, 1927.

THE CHARM OF DIAMONDS,

BRITAIN'S WEALTHY

MEN.

REASONS AGAINST A SLUMP.

SMALLER TOTAL FORTUNE

THAN FORD,

Hatton Garden, the centre of the London-Great Britain's 17 Berlin-Young couples fà Gor- many are marrying more frequent-precious stone trade, remained wealthiest men, should they com ly than formerly and thereby caus-cheerful in mall week despite the bine their fortunes, could not ing anxiety to Germans who de- prediction of Sir Eracat Oppen equal the fortune of the world's mand a revision of the Dawes plan.heimer chairman of the Anglo reputed wealthiest man-Henry Far-fitched as the connexion be American Corporation of South Ford, according to unofficial statis- tween German marriages and Ger-Africa, that unless something is tics made public by a local paper man reparations may appear, the done to regulate the output of al- here recently.

luvial diamonds the time might The 17 wealthiest men in Great two are inseparably linked.

come when it would not pay to Britain, according to the atatistics, When the Dawes scheme was producs diamonds in that coun-have a combined wealth of $900,-

000,000. applied, it was decided that retry. paratione payments, would be exa-

In class one of the statistics are

ted from Germany on the basis of Merchants had read Sir Ernest's a German "prosperity, Indos." A remarks, but were not particularly placed the well-known ship ow prosperous Germany would natur- concerned, for, as one dealer, put, er. Sir John Ellerman, Lord Iveagh ally be expected to pay more to her It the production of diamonds (a and possibly the Duke of West- exonemies than a financially-de- regulated by such a powerful minster, although the latter's for pressed Germany Among the pndicate that there is not the tone is claimed to be mostly in in- factors on which the Dawes ex-slightest fear that the condition tangible propdfilesIt is claim perts calculated the prosperity in- Sin Ernest Oppenheimer predicts ed that Sir John Ellerman is the wealthiest of the three, o far as dex were German railroad bust-will evor bproached:"

Actual incomefs concerned, while the Duke of Westminster, if rated by income would not fall within

combined for this group. The tunes of the group is estimated around $300,000,000.

N

ness, foreign trade, commerce in Another pointed out that of the luxury articles, cool, food and alluvial diamonds only about 80 births, deaths and marriages, per cent were any good at all and In an article, entitled "Dis- of these at least 60 per cent were the dark and poor in quality. They quieting Desire to Marry," Deutsche Bergwerks-Zeilung, or- do not affect the real market in the gan of the big Ruhr coal and Iron least,' he added. producers, evinces "uneasiness at

Always Worth Money. the growing frequency with which

Mr. Charles Swan, one of the Germans enter wedlock. Official figures disclose that Germany ee-beat-known diamond merchants tablished a world's marriage re-in London, remarked that dia cord in 1920, when 14 1-2 out of monds formed a medium for the every thousand citizens took the investment of money much fav matrimonial vow. This high mar-oured. by wealthy people. "In ringe-rate was undoubtedly a di-whatever country you may be," he rect reaction from the wartime said, "a diamond is always worth marriage slump. During the last its money, and as reliable proper six years, including 1926, marty is less affected by the world's riages in Germany have hovered varying exchanges than anything above the pre-war rate.

else-even Treasury notes."

tions

Prosperity Index.

Class two, comprised of those millionaires with estimated for- tanes of $75,000,000 or over, con- tains a larger number. In this group come Lord Rothermere, the holder of the most extensive news- paper interests in the world; S.B. Joel and Solly Joel, both of whom owe something to heredity from their famous uncle, Barney Bar- nato, who founded some of the greatest diamond interests ever known in South Africa. Sir David' Yule is also in this class.

Sir David. inherited much of his fortune, but greatly increased it through careful business tran

actions in India.

The people who have more

Lord Cowdray, one of the pos- The Bergwerks-Zeitung fenra money than anybody else invested that this fact will cause the Dawes in precious stones are the princes experts to overestimate German of India. These potentates have sessors of the few English "oll prosperity and raise their reparn- firm belief in the safety of fortunes," is also placed in this

demands accordingly.diamonds and pearls as a medium class.

In the next class, consisting of Hence this newspaper argues that of investment, and their glitter more than half of the marriages in and fire satisfy the Oriental fm-possessors of fortunes, below the A rajah's treasure $75,000,000 mark, are placed Lord Berlin, for instance, are concluded agination. among the labouring population house filled with gold would be a Ashton, who made his fortune out and that the German proletariat dull affair, but the same building of linoleum; Lord Woolavington; is enabled to indulge in the luxury stocked with diamonds and pearis, a distillery millionaire; Lord De of matrimony, it be a luxury, opals and rubies is a place of war, a distillery millionaire; Lord Bearsted, who inherited much of only because the government is scintillating wonder. overzealous in alleviating the so-

Three princes-the Maharajah his wealth and later more thirt doubled it through shrewd invest-i cial, and economic burdens, of the of Kashmir, the Maharajah of. the German system of athte insur Baroda-are reputed to have mil the owner of another large tobacco working people. This refers to Gwalior and the: Gaekwar ofments; Sir George Wills, the to- bacco magnate; Bernhard Baron, ance for the sick, disabled and un- lions invested in precious stones.combine, Lord Derby, the famous employed as well is old-ago pen

racing owner, and the Duke of sions and similar benefactiong.

Portland.

Thus it is argued that the Dawes easier for them. plan executors are tempted to acc This argument encounters viger- German prosperity in a false light ous contradiction in socialist and to deduce from the frequency newspapers, which reproach the of marriages in this country that government with favouring the the entire population is on the manufacturers, bankers and land- crest of a boom. In reality, ac-owners at the expense of the work cording to this journal, there is.ing class, especially in taxation. no boom and, if workers marry

more readily than before, it is bé Observers are inclined to smile cause the government makes it at this controversy, knowing that

"MANNERISMS."

TO BE CHIC? MILADY IMITATES

THE MANNISH

"MODE

~NOT ONLY, IN

MANNISH MANNERS

marriage figures will not decisively influence the reparations experts

fixing. German payments. Moreover, It is doubted whether young couples, in deliberating whether they should marry, will be guided by the effect of their behaviour on Dawes commission: members.

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