OUR NEW SERIAL
THE VANISHING VENGEANCE
By DOUGLAS NEWTON. Author of "Double Cressed, "Low Ceilings,"
"Green Ladies,” &a
HONGKONG TELEGRAPH,
"THE GAUCHO."
FAIRBANKS IN WONDERFUL
FEATS.
WEDNESDAY, FEBRUARY
1928
RUBBER CONTROL CONTROVERSY.
(Continued from Page 7) Following "Ben Hur," another ment of output in endeavours to big film is now being shown at the keep up the price and if planting Queen's Theatre, and, like its pre-outside restriction territory con- decessor, it should draw packed tinues then the time must come housos during its run.
when no amount of restriction, on
In The Gaucho," which occu-our part will affect the price of ples the whole of the programme, rubber to any extant,
we eco Douglas Fairbanks at his But this is not my only reason best, He takes the role of an out-for saying restriction is funda PRINCIPAL CHARACTERS: (understand if you realised the sign law chief in South America, and, mentally wrong. It is wrong in cance of Martin Standard." as may be imagined, he does all principle. We have endeavoured OTTO RIGG, an immensely rich Then; "Better not," he murmured manner of amazing feats in raids to fix an artificial price limit, ata- man, leader and muster force of a as if half to himself. "No much on a wealthy city and in cluding tistics, or shall we say "figures," band of five wealthy men know batter not." You see, you will his would-be captors. Indeed, he were taken and on these figures "The Old Consolidateds," the other have to interview our cunning Otto out-Fairbanks Fairbanks in some certain assumptions were made and nembora bring Hugo Shanly when you return."
of them, and thus provides plenty certain prices were arrived at on Henry Maker: James Fedden, and
Joyce gave a little gasp of fear. of thrills for the audience. But which the scheme was to pivol SEWARD GAMLIN, whose mud-She had forgotten that. The mere It is not only in this respect that You cannot fix prices artificially the film is attractive. It is a re-for any length of time. The whole in many economic fabric of the world has markable production ways, for romance, dramatic inci- been woven on the immutable laws of supply and demand. The price dent and mysticism all have place it it. There are also some of any article or product must evon- really wonderful. scones-realin tually be fixed by those lawa. If the price is too high then demand triumphs of photography.
will be curtailed, substitutes will be found, or other sources of supply will be created.
den death-whether by suicide or murder-has trangely agitated the other four, all of whom appear in terror of ·
tors.
memory of that cold and impassive man chilled her. "Otto Rigg," she whisperd. "Yes, he will want to know all about this but I won't tell him."
MARTIN STANNARD, the absconding director of Consolidated "You are brave, Miss Joyce," he Exploitations, a rumour of whose said, softly. "I did not doubt that. return to the village of Green But you know Otto, too. You hayle, where they live, has reached won't want to tell him. But the ears of his former fellow-direc-well, Otto Iligg in as clever as the
devil, whose favourite child I some JOYCE. ALLEYN, a poor rela-Limes think he is. No, Miss Joyce, tion and private secretary to Otte the less I tell you the easier it will Rigg, whom she distrusts and be for you to face him." atands in fear of. She meets a He paused for a moment. Then mysterious stranger, who turns out added as though talking to himself: to be Stannard, and who had been "Besides, I must not play on your hiding wear the Dark House on the sympathies. I'll are no Common. She is attracted by lapathy-least of all yours."
"I'm the best judge of "snaring,'" manner, and will not believe he isi the criminal that Otto Ring declares she said. him to be, but sets herself to try
one's
2
"The very worst," he laughed to solve the mystery of why Rigg back. "As you will find when you and his associates are afraid of learn things about mu---as you un Stannard.
dambtedly will." Joyee mano Rigg's agent, STROACH, battle sound of protest. "Why, the been endeavouring to track down very, act of your coming here shows Stannard, and comes upon him talk that. Why did you come here?" silent. She felt she ing to Joyee at night on The Can-Joyen was
Icould not tell him the impulse that ted her to try and learn something that would clear him. Surprising-
CHAPTER VII,
For the moment Joyee and the, he said: "You came to meet stranger stout petrified. The foxy me because you met me last night." "It wasn't merely that," she cried Stronch breathed heavy triumph be- side them; the cal white light protectingly, because she felt he rending too much into her from his torch 'showed up the can, was finedrawn face of the stranger, the action. "I wanted to deat man Stroach had called Martin hips." -Stannard.
The acting is of a high order throughout, "Doug" being ably supported by "Lupe Velez as the Mountain Girl and Eve Southern in the part of the beautiful lady of the Shrine.
LETTER GOLF SOLUTION.
Here is the solution to the puzzle an another page.
MATES. PATES
PARES PARIS
"No, Again there was a pause. "That is what I meant," he said, not exactly," he said, and then his "I didn't It was, Joyce thought, a fine invely, as though he would have voice became harsh. face, high-featured, sensitivo, in-her know that he wasn't thinking care." telligent. There was a force and of any partly personal motive. strength in it that gave it distinc-Certain things have happened tion. And yet there was a certain which surround me with ugly bitterness in it, that gave it an air supicion. You wanted me to clear
myself." of herceness.
Joyce saw all this in a moment, Then:
"Yes," she answered, surprised at his penetration. "You called on "Got you, Mr. Thief Stalnard," Mr. Gaulin last night, and this breathed Stronch, with unhely joy, morning Mr. Gamlin was found I am the only one who knows "Nabbed you! An you, Miss dead. Sneaking Joyce. This is what you about your visit. I have kept were keeping back from Mr. Rigg." silent about it. I want to know Whether I am right or wrong in What happened? Joyce did not quite know. She keeping silence,"
nee," he said, quietly, "But saw the quick supple leave of shoulders and the flash of a swung are you quite correct in saying that arm and then blackness. The you are the only, one who knows? torch fell to the grass, and through Otto Rigg and his friends either the falling light she saw Streach know or suspect, 1 feel sure.” dropping like A felled bullock. There was a thud on the grass, and
"
"They know," she said. "That is good," he said, unex in the tiny puddle of light thrown, pretedly, with a note of triumph in by the turch on the ground she saw his voice. "They definitely know Stronch's big hairy hand grip and That is one of the things I wanted ungrip once, and then lie curiously to learn from you. And, if you don't mind, I'll get you to tell me Baccid and still.
The stranger bent down and fall that has happened, from your ed up the torch, shining it an the side, before I answer. Will you?" fallen nun's face."
"Knocked out," he said, coolly, "and for rather more than the full count. Still-we'd beiter get out of this."
Joyee told him all she knew, from the finding of Seward Gumlin dead and the letter he had left to Otto Rice's attempt to mislead her, the doctor, and the pressman,
"Foxy old Otto," said the young Joyce found her fingers gripped by a singularly lean and powerful man, when she had finished. "He hand, and at once she was running. has not lost his enmning. As for In a moment they were in your keeping silent, I am grateful hollow, for it, because it means-well, any narrow little
how it das led him to show his
own sake band. But for your fear it means unnecessary trouble" "Unnecessary!",she cried. "But if i had spoken the police would have been after you."
eurious, crouching in it,
"He won't see us here," said the stranger. "1 can certify it is a most excellent hiding place. I've I used it before."
Last night?" and Joyce. "Al you did sheme. Vtr, 1 kid! here from you last night, Shies! our bull-like friend is on the move." Stroach staggered to his fret. They saw him swaying in the moon-
"No," he huid. "Q110 would not have told the police."
"But-"she cried. "But you did ad on Mr. Gamlin bast night."
1 did-through the French
“And as a result of your visit
she cried, "You didn't care!" affronted by the savageness of his
statement. tone and the callousness of his
"I don't even care now," he said, as bitterly as before. "I knew he would do something drastic. 1 was absolutely indifferent to what form
It took."
Restriction of rubber has done all these. The new uses for rubber which were being fostered when the price was low were discouraged by the high prices at the end of 1926. No manufacturer is going to cm- bark on a large manufacturing scheme unless he knows that he can obtain suficient raw material at a Huffelently low price to enable him to compete effectively with other products having similar uses. The use of reclaimed rubber has fucruns- ed, the art of reclaiming and the methods of using "reclaimed," have improved because it paid to study these matters, The third point, new or additional sources of supply, I have already mentioned as being created. Given raw rubber eumet- ently cheap and given the certainty that it would remain cheap then the use of reclaimed rubber would fall to a minimum. Manufacturers would give their attention to the best means of utilising vast quan- titles of a wonderful raw material if it was cheap und certain to re- main cheap.
Maximum Output at Minimum Price.
'My own view is that maximum output at minimum price would en- If those weak ones in our own ter able us to hold our own with anyone. ritory have to cease producing or to part with their properties then their fate will only be that of the inefficient in any other industry. cients alive at the expense of the To endeavour to keep all the inefli- She shuddered and drew a little strong and efficient who are already in a competition wihch requires the "Do you realise what effect that whole of their strength, is unsound away from him.
The position must and must fail. will have on you?" she said.
"Does it matter?" he said, be faced sooner or later and I think accustomed to the time has come for us to ask the bitterly, "I am
"That is not the point. Don't more tangible, than a vague absur- people thinking the worst of me." restrictionists to give us something you realise that I may feel forcedance that they can put the industry to speak?"
"To whom?" he asked, and, as she did not answer: "Do you think that Otto Rigg will let you make public what he intends to keep private 7"
"I'm not answerable to Rigg?" she said..
on a sound basis if we restrict long enough and drastically enough. am sorry to have to say anything which some may take, quite incor- rectly, as an attack on the industry. I can assure you and any that may Otta rend na account of this meeting that I should not have spoken like his to-day unless I felt very strongly.
"Don't you realise what Otto Rigg means yet, his power, his
Time prevents my dealing at ruthlessness? Yes, he'll have his way with you-and why shouldn't greater length with this subject he? There is no need for the which is of vital importance to the police to come in here--not on ne- country as a whole as well as to count of Gamlin's death. It was our rubber industry, but what I suicide, and they can't possibly have said represents the considered make it anything else even if they opinion of many who have the inter-
vory industry
much · al know all the facta, But they can ests of this country and of the rub rake up an awful lot of mud forber
It is a time for frankness Otto Rigg and Co., from which they heart. have every right to protect them and clear thinking, and I would
No, you will selves.
serve Larnestly beg those who still intend absolutely no good by speaking to to support restriction Indefinitely to tell us clearly what they intend to the police, Miss Alleyn."
achieve and how they intend to uchieve. It. Will they also tell us how much of their reasoning là based on definite ascertainable facts and how much on pure assumption,
wrong? which time may again prove to be
"Savo that they might discover you," she said, a little fartly.
"They won't discover me," he said, and she felt he was smiling. but they won't do it."
"They'd like to-the police 1" cried Joyce, with a new feeling of pain.
light. He pulled himself together, window leading on to the lawn:They'd like to, bless their hearts, peered about. For minutes heat was why his butler did not moved about searching for then,ear me." then he seemed to realise that his prey had given him the stip, and he-he-" act off at a lumburing run nerass the Common: towards the house a fel." Jayce had left.
"Committed suicide. Yes, that is
"It was auicide?" she cried. "I'm afraid this means trouble "You have only my word for it," for you, Miss Alleyn," said the he. raid, harshly, "but I assure you
Seward Gamlin was alive when stranger, quietly.
"Why trouble for me?" she ask-left him." ed, quickly, mirprised that he knew her name
"Stroach is going straight back to Oito Riga, and Otto will not re- lish the story he will tell of your part in this," said Stannard, "You know uncut Otto?"
"If you'd only explain," she burst out
Ile stood up suddenly. "I can't," he said. "I can't for my own sake and for yours. You'll have to see Otto Rigg when you return, and it won't be good for you, if you know too much"
me?"
"But of course he was, his butler saw him alive. And I saw you here "He won't get anything out of before he could have died. And the house was bolted up, so you couldn't have gone back."
"I did not go back. There was no need. I had finished my work."
"What work?" alie naked. "I know rather a lot," he said,
"That," he said, after a pause, and she felt he was'miling. "I know you are Otto's secretary, and is one of the things I can't possibly
tell you."
I know all about Stroach and bla"And then about the letter to the hunt for me. It is my business to Public Trustee," she said, after an know, Jan't it?".
"But why is it your business" other pause. You posted that?" she asked. "I know nothing about that,"
now.
Home Press Comment,
Landon, Feb. 1. The Evening Standard, comment ing on restriction, contends. that the protest of Mr. P. M. Robinson, the Chairman of Lunas Rubber Estates Ltd., at the annual meeting of the Company yesterday against the con. tinuance of restriction, will carry considerable weight in Malaya and Ceylon, where, the paper declarca, there is a strong movement for the abolition of the scheme.
The Financial News considers that as tho announcement was not accompanied by a notification of any intended change idletalk should be dispelled, us auch rumours aro responsible for the Americans keeping out of the market.
"He will, make no mistake, Miss The Times, in a comment on the Alleyn-and what is more, tell announcement by the Colonial Office him. Tell him our whole conversa- regarding the exportable allowance tion. It'll be the best.. You need for the next quarter, states that it hold nothing back from him-and had been hoped in some quarters that there would also have been an dont'. It is for your own good."
added, "that I will ask you to go
"it in for your own good," he explanation of future policy.
It will not do for you to have knowledge of my hiding-place." "I did." "Then, can't you see you Are Joyce turned and walked away mixed up with this in a most signlat once. She was torn with con "But you heard him call me leant way? It makes Mr. Gamlin'sflicting emotions. Her feelings had Martin Stannard? I am Martin death anything but the ordinary been outraged and antagonised by The Financial Times states that suicide from depression that Otto his callousness with regard to Rigg pretends.".
Seward Gamlin's death. And yet, while the announcement was in de It was anything but an ordinary in the first moments of the meeting, cordance with general expectations suicide," said Martin Stannard in the very impulse that had led a hopp had been expressed that re- grimly.
her to meet him, she had felt drawn ference would have been made to the "O" said the girl, shrinking towards him, wanted to help him, ber that any changes during 1927-
official reservation issued in Novem
mit suicide, you expected it?" 2way. "You knew he would com-
(To be continued.)
1928 would be made in January......
Stannard."
"It means nothing to me," she
cried. "I don't know why you hould mean trouble to me, why Stroacli and Otto' hunt. you-why you are in hiding. You are in hid- Ing?"
"Very much so as you would
F
SHARE PRICES.
TO-DAY'S QUOTATIONS,
The following is the list of local share quotations issued to-day
Banks.
Hongkong Bank, $1225.b. Chartered Bank, 2211 b., Meroantila A. & B., £321 n.
P. and (), 810. D. East Asia, 3731 Sb.)
Insurances. Canton Ins., $815 b. Union Ins;; $303.b. North Citius, Ins., Tls. 143 n.. Yangtaze Ins., $46) b. China' Underwriters, $21 b. China Fires, $215 n. H. R. Fire Ing., $680
Shipping. Douglases, $425 b.
H. K. Steamboats, $261 b, H. K. Tugs, $2.90 6. Indo-Chinas, (Prof.) $36 n. Shell Trans., 85/- n.
Union Waterboats, $17 X, Div b.
Mining.
Bonguote, 623 b. Kailans, 64/
Langkats, Tis. $189 b. S'hai Exploration, Tis. 2.85 m. Raubs, $41 b. Tronoha, 17/6 b.
Docks, etc. Kowloon Wharves, $135 b. Whampoa Docks, $471, b. China Providents $6.25 b. Hongkews, Tls. 163 b New Engineerings, Tis, 5 s. Shanghai, Dockb, Tle, 97 b. Cottons.
Ewo Cottons, Tla. $7.55 86. Oriontals, Tls. 2 b. S'hai Cottons, Tls. 48 (old) b
Lands, Hotels, etc,
H. and S. Hotels, $8.3D b. H. K. Lands, $661 1, S'hai Lands T18. $133 b. Humphroys. $15 b Realties, 88.90, 5. Territorials, $li n.
Public Utilities. Tramways, $27 8.
Peak Trans, (old; $14 n... Star Forrios, $67 b.
China Lights, (Comb.) $17.85 - b H'kdag Electrics, $74 0. Macao Electrics, $04 b. Telephonea $4.50 s. China Buses, Tis. 6in. Singapore Tractions, 11/9 b
Industriale.
China Sugars, $91 b. Malabons, $271 n.. Canton Ices, $4 b. Coments (Comb.) $11.50 Ropes (Old) $10 n. United Asbestos $10
Etores &c. Dairy Farms, $20 b. Watsons, $124 `b.
Der A. Wing, $6 B Lane Crawfords, $3.10.8. *Mackintosh, 822° s.
Sinceres, $9 b Wm Powella, 85 n.
Miscellaneous. Amusements, $28 Constructions, $li n. B'que Ind. G. Bпods, 56% b. 1. K. G. Loan, 5% Pram
b.
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