1930-01-13 — Page 6

Hongkong Telegraph 港電新報 士蔑新聞 All

Seasonable Remedies and Preventives.

WATSON'S

PECTORAL COUGH BALSAM

For

Doughs, Colds & Bronchitis

in bottles $1.00 & $1,75,

MARTIN'S INFLUENZA MIXTURE

for

Oold in the head & Catarrh $1.00 per bottle,

WATSON'S ANTISEPTIC THROAT PASTILIES

for -

Relaxed & Bore Throat, 50 cents per tin.

WATSON'S EU-PINE INHALANT

for

Cold in the head"&c,. 50 cents per bottle,

A. S. WATSON & CO., LTD.

ESTABLISHED 81 YEARS

JUST RECEIVED

Two New Records

by

GRACIE FIELDS

B-3176

B-3202

1r That's how I feel about you

Thoughts of you

Oh Maggie, what have you been up to? I've got a man.

Also a number of other interesting

*H.M. V" records by

*

Walter Glynne

Peter Dawson

Wish Wynne

Reginald Foort

Arthur Meale

Etc., etc., etc.

S. MOÛTRIE & Co., Ltd.

(Victor Distributors) Chater Road.

JAEGER

"ure Wool

UNDERWEAR

JAEGER UNDERWEAR

IS NOT ONLY COMFORT- 'ABLE IN WEAR BUT WARM AND THROUGH- LY RELIABLE.

Stocked in Short Sleeve. Vests, Knee or Ankle length pants.

Combinations with Short Sleeves ankle length legs.

Jaeger Woollen Slippers

Lane, Crawford, Ltd.

Men's Wear Stylists.

THE HONGKONG TELEGRAPH,

NOW IS THE TIME TO GET YOUR

FRIGIDAIRE

THERE ARE DOMESTIC MODELS OF FROM FOUR TO EIGHTEEN CUBIC FEET STORAGE CAPACITY.

OVER

1,000,000

IN USE THROUGHOUT· · THE WORLD.

MONDAY, JANUARY 13, 1930.

11

CORRESPONDENCE.

The Declining Dollar.

DAY BY DAY.

i

THE TIME NEVER COMES WHEN A RECONSTRUCTION DOES NOT IMPERIL

ton.

The Very Idea!

The following story is told of SOME GREAT INTEREST.-Heder Now | the late Mr. T. P. O'Connor:

"When the phonograph first came to this country 1 wan Many Edison's representative.

instrument at Our offices in Northumberland-avenue. TP. also came with, some friends and made a record on the wax cylinder. He then listened to his own record, and exclaimed quite excitedly: brogue before." Well, then, I never knew I had a

The P. and O.. 8.5. Karmala, from Singapore, is due bere at important people came to see the am. on Friday.

on

Passengers arriving here Saturday by the Blue Funnel s.d. Hector included Mr. F. H. Crap- nell, Mr. F. G. Herridge, Mr. H. C.

economic cause for unemployment, and until that cause has been re- moved, the evil will remain. Our own view is that the Government is making the right approach to the problem, but from the point of view

[To The Editor of Hongkong Telegraph.] of its own reputation amongst the masses it is doubtful whether La-

Sir,-As the declining dollar is bour will gain rauch kudos. The

the one absorbing conversational majority of the Government's sup subject of the moment, I am rather porters are likely to ask for early surprised at the quiescenco of your results; they cannot hope to get old currency correspondents-"Ob- them from the line of action fore-server" "Spectator," etc. Can it be that recent developments have found shadowed. Mr. Thomas' investiga-them barren of further construc- Macnamara and Mr. and Mrs. R.

tive material, or are they too en-A. Starling. meshed in their own little financial dimculties to devote any mero The marriage arranged between to. apparently fruitless John Keith Bousfield and Edith time controversy on their pet subject? Gwendolyn Castone will take place In my last contribution to your at Shimeon Church on Tuesday correspondence columns, at the be- January 28th at 12 noon and after ginning of October, I concluded wards at No. 6 British Concession, "I would remind all who happen to No invitations are being sent out read this letter that we are about but any friends will be very, wel-biting the baby. to be irrevocably committed to a allver basis.... Spectator finds it

tion of the situation has convinced him that what is most needed is the modernisation and reorganisation of industry, but he has had it borne in upon him that manufac- turers are handicapped by reason of the long-continued trade depression, having reached the limits of credit which they can repsonably expect

come,

"It is a strange thing that low people recognise their own voice

hear it." when they hear it as other people.

"I had to discharge my nurse for being crucl."

"What did she do?"

"Sho kicked poor Fido for

lans therefore made it his businnas till it hits the pocket of every man labour was imposed by Mr.. Whyte | Paper.)

city

to obtain from their bankers. Hon subject for jocularity, but wait

in this Colony !" to get into touch with

Some of us have been hit rather financiers, who have shown them badly, but recriminative reminders or vain regrets will serve no useful selves anxious and willing. to co-purpose at this junctive, so, with operate in working out plans and your permission, I shall go right in finding the necessary finance. ahend with a suggestion that I con- As Mr. Thomas has put it, these sider worthy of some little public

DODWELL & Co., Ltd. financial experta extend an open in-

Solo Distributorą.

HONG KONG & S. OHINA,

ACKNOWLEDGEMENT.

Mrg, F. J. Gellion and Miss Hobbs wish to thank all their friends for the kind letters of aympathy in their recent bereavement.

DEATH.

SAMPLE-AL York, England, on December 14th 1929, Mrs. Elizabeth Sample, wife of Professor Arthur Sample, who passed away in her 71st year. In memory of my dearly beloved mother, from

her son-Ronnie.

The

Thongkong Telegraph.

MONDAY JANUARY 13, 19 0.

THE UNEMPLOYMENT

PROBLEM.

vitation to business and industry to come" forward with definite schemes of roorganisation. Obviously, something more than the customary facilities will be needed if fruitful results are to accrue, and it will be interesting to nee the precise conditions under which bankers will

assist our depressed Industries,

The recent conferences which the Prime Minister has had with the nation's leading Industrialists and economists, followed up as they have been by Mr. Thomas' contact with city financiers, are sufficient to show that the Government is fully conscious of the part Capital

attention.

17

("Fifty years hence roads will be, Sentence of two months hard a delight--not a terror."-Daily

in half a century or less

Our roads will have become Delightful for the motorist.

Who loves to make things

hum.

Smith at the Kowloon Magistracy this morning on a young Chinese who pleaded guilly to a charge of larceny of clothing from a house in Argyle Street. The defendant was stated to be well-known to tho viction for larceny "in September police and had one previous con- last.

When we speak of the value of a

A gruesome discovery was made commodity we mean its worth to us, relative to that of other commod ities. Value increases with utility by the master of the Lau Chaun incans of Kee shop whilst he was willdag and scarcity, and ns a comparing commodity values, with along the foreshore at Aplichau a view to simplifying exchange, our yesterday, when he found the de- predecessors adopted standard com- capitated remains of a child, be- modities, the value of which varied lieved to be Chinese. It is assume very little owing to their annual ed that the skeleton is that of a production being almost negligible child, who had been dumped after alongside the world's total accumu- death, the body being multilated lation of them.

In accordance with "superstitious beliefs.

Gold and silver have served their

stabilisers.

South

He'll average over forty

Throughout the longest day, With nothing to obstruct him,

And none to say him nay.

The Golden Age of Motoring,

Will down, it is inferred, When the last lone pedestrian Has gently been interred. A bus. conductor was lamenting

stand that even five passengers were

insido allowed to omnibus, having regard to the dificulty he experienced in collect- ing fares.

an

"Why," he said, to do my job properly you want to be filleted!"

Vicar: "Well, Mr. Higgs, how are you today?"

Cobbler: "Very bad, sir." "And what is the matter?” · "Oh, sir, it's my legs. They be wonderful bad!"

"Dear me! How long have you, been like this?"..

"Why, sir, these legs, if you

can play."and that it is not likely how even gold can depreciate when interests in South America, and believe me, I've had 'em on and off

+

purpose very well in the past, but the wheels of evolution relentlessly Among the passengers leaving. grind on, and the financial and com-the Colony to-morrow by the Saar mercial affairs of the nations have brucken are Mr. and Mrs. C. become so involved and inextricably Mancini, proceeding to interdependent that we are rapidly America by way of Europe. Mr. losing security in our old currency Mancini, who has represented Messrs, Lyddon & Co., Ltd., paper Silver has already ceased to func and pulp merchants in Hongkong tion in this respect and the last for several years, has been op- war praved only too conclusively pointed to take charge of the firm's to be led by extremists in' foolish the real essentials of a nation's ex- will establish his headquarters at for the last 30 years!" Socialistic experiments. The situa-istence become the paramount de- San Paulo, Brazil.

Scotswoman at Southend-It tion, as we have said, is complicat- mund. To a man adrift on a raft at sea, formerly recognised values

Acting on the instruction of the was not the drinks that I bought ed by the fact that modernisation are of no import whatever. Fresh Commander-in-Chief of the Na- which made me drunk. `and. reorganisation are called for water, which to him has hitherto tunal forces, the Canton Mili.what others bought for me. whilst the depressed state of indus- been of little account, suddenly betary Head-quarters have supplied romes the most precious commodity a new kind of badges similar to try still

continues. There can, in. ervation and to a nation fight those which are now worn by the however, he no justification for in- ing for its life, gold has become a men of the various divisions in the efficiency, to bolster up which would base metal to be thrown aside to province in replacement of the

the highest bidder. It retained resent ones.

The new badges be fatul. With the facts realised, more than its intrinsic value dur-bears the following characters:——— {it, now remains to put effective ing that last war simply because "The wearer must not work for. there were neutrals us whom it was wealth, four no denth, work for measures into operation. Until the still acceptable. Had we been en- the society for common good and ́exact nature of these are disclosed, gaged in a world-wide war, our old always love his country. it will be impossible to estimate the friend Gold would have fallen as

low as scrap-iron. value of Mr. Thomas' contribution to the solution of this great pro-

On several occasions siner he was entrusted with the task of attempt ing to solve the unemployment pro- | blem. blem, Mr. J.H. Thomas hus stress- d the point that no magie cure is possible, and that only by an in- dustrial revival can Britain expect to absorb its idle workers. It does not surprise us, therefore, that his

The Lime has now arrived when

It was

Solicitor at Marlborough-street: defendant started to see had lang- age in the train at Oxford-circus and continued all the way to Acton, when it became most lurid.

EXCHANGE RATES.

Paris Brussels Amsterdam on a fixed 1 Berlin

the world's currencies must turn to dislocation of trade, but with a Home more reliable standard for paper currency based thoir stability. We have to ask our general price level, n period of ac- Copenhagen Helsingfors selves what the earth holds that is tive production of the standard Viennn

could be immediately counter.

Lisbon now less susceptible to value flucbalanced by an increase in the paper: Bucharest The Police Scandal,

tuations in times of industrial or IRAUC

Shanghai Aggrave and immediate respon-political strass, and the sooner we

Hongkong cannot boast of ever New York sibility is imposed upon the get over the transition stage the having been a pioneer in the in- Geneva.. Inkpector General of Police (the fewer will be our regrets in the near 'dustrial or any other field, so now Milan Hon. Mr. E..D. C. Wolfe) by the future.

.

"ONLOOKEL

Kowloon, Jan. 12th, 1930.

London, Jan. 12.

123.01

.34.946

12.00%

.20.396

18.205.

.34.62

.103%

108.25

.818

1/11

.4.87

26.135

.08,04

.18.146

.18.216

.104

.37.225

Buenos Aires

Madrid Athens

.376

.45.2/10

.2/0.7/32

.1/6,20/32

.2134

.20%

-British Wireless.

WHO WAS...

OLD NICK?

Many of the people who call upon "Old. Nick" in moments of anger or Irrita- tion have an idea that they are invoking the Prince of Darkness himself, but "Old Nick" occupied no such exalt ed position among mythologl- cal figures.

allegations of the use of "third The standard that will best serve that we are being forced into the Stockholm speech at Manchester on Friday degree" methods by certain mem- our purpose from now on is un- uncertainties of another monetary Onlo revealed to new or novel method of bers of the Force under his con-doubtedly the value of the word's change by the obsolescence of the Prague coping with the situation. Indeed, trol. Complaints of the bullying commodities as a whole. We might silver standard, why not get ahead Mr. Thomas appears to have reached and heating of Chinese prisoners call it the "general price level," hat of the world for once? Let our

have from time to time engaged I think a little delving would prove bankers at once launch out on a Yokohama the conclusion that the Government the attention of Magistrates in the helpful here. Let us assume that silver exclusion policy, buy up cir- Bombay

culating coins at the current allver Silver (spot) itself can do very little except to past, but a police denial has the world's stocks of gold and silver rate, lay aside their bullion till the Silver (forward)

usually been sufficient to discount have been exhausted and that it has market recovers on restricted out- smooth out the obstacles in the the unsupported word of the been decided to adopt, muy, rice as

It becotnes A very our new currency standard. This put and put their trust in a stan dard that will most certainly go far way of commerce by rendering such accused. help and sympathy as is reasonably serious matter indeed, therefore, would entall the issue of a paler to bring about the long-expected

when a Government medical officer dollar representing a fixed quantity trade revival. Yours, etc., possible, whilst at the same time is able to go into the witness box of that commodity and, as supply using its influence in financial eir-after an examination and confirm and demand in the rice market cles with a view to securing a free practically detail for detail, the varied, our bankers would be call- probabilities of the serious accused upon to increase or decrease outflow of money to aid in the re-tions made by a prisoner. The heir note issue to maintain the value parity. Such a fluctuating

The Junior Locals. WAB one concerning the organisation of industry generally, case

alleged possession of forged notes standard would involve continuous

Sir-I think the following figures In other words, the task of im- of the Chartered Bank, and the variation in the prices of other com proving trade is one mainly for accused complained that a "con-modities and hopeless financial and concerning the recently published financiers and business men, with fession" was extorted from him by Industrial chaos would be the re-result of the Junior Local Exami- nation are worth considering and a.European officer and others, who sult. the Government doing what it can struck him across the knees und

demand of ought to be more widely known, The supply and

world's commodities - as Out of a total of 545 candidates to encourage sound development iega with a heavy round raler the

while he was squatting down. Dr. a whole, however, are compara- (boys) entered, only 153 or 28 per schemes.

steady

.all Cannon went so far as to decime Lively

and

we cent. passed. Even if we restrict We have no complaint with this that the nature of the bruises on need ask of our banks is that they our attention to the six Schools treatment of the subject, for it the knees suggested very strong-issue a note representing the gen-sending in the largest number of would appear to be the only onely that the man who did it was an eral price level of commodities la candidates, the result are little bet- expert in a mild form of torture. this Colony as it stood before theter. Out of a total of 323 candi- possible. It is obviously much to The Colony does not require ex- October dollar drop and maintain dates entered, only 112 or 36 per be preferred to ill-conceived specta-perts of that kind in the Police an adjustment of the supply of the cent, pussed. In other words only Force und it is to be expected that notes to adhere to that level. one student in three, educated by cular methods which may appear it investigation discloses the per- Money competes with money in the these Schools, ie deemed by the Uni- attractive on the surface but which son actaully responsible, drastic commodity market and the value veralty to have reached a satisface will not stand close investigation. action will be taken to discourage of the unit of a currency entirely tory standard.

I think, Sir, such drastic resulte All the same, the Government can- the further development of torture depends on the quantity isued.

In the event of a scarelty of show very serious lack of under-' not but expect criticism from cer- for obvious reasons, could offer commodities generally, as in a time standing on the part of the Univer- tain quarters in view of the im- little more than hypothetically cir- when nations forsake the plough foreity of local conditions and call for cumstantial evidence, there will be the sword, a proportional decrease explanation. Surely the teaching in pression it sought to create during no doubt in the mind of the in the currency supply would have the Colony cannot have deteriorated the General Election that only a reasonable man that a clear cuss to be made and the general price so much in the course of one year! Labour Administration was able to has been established. The quea-level would remain at the pre- These variations in the standard tion at once arises How often war figure. There would be no from year to year reduce the ex- solve the problem. Those who does this sort of thing occur? and danger of our standard alumping amination to pure farce and as such had been expecting a cut-and-while we hesitate to believe tant to zero value, for no matter what one wonders whether it might not instances are other than few and disasters came along there would well be abolished. Might I ask dried solution, which would become far between, it is the business of always be a demand for life's essen- why there is no association of tea immediately Lective in reducing the Police Department to see that tials. We should have a standard chers in the Colony to take up auch the number of unemployed, will be every suspicion is removed. We that would ensure stability simply matters?

I enclose my card, but for ob disappointed, but it does not re- cannot urge too strongly that am by reason of the currency being re- exhaustive inquiry into local quire much consideration of the police methods be carried out, and presentative of what it was to buy, vious reasons must ask you not to

active gold or silver production can | M insués to realing that the matter is steps taken to ensure that, there with our old standards, a time of disclose my name Yours, etc.;

will be no recurrence of euch bring about a general rise in com-

as a science. While Dr. Canton,

SKELT.

not one which can be disposed of offences against the good name of modity prices with its inevitable Hongkong, Jan. 11th, 1980.

by "fancy" projects. There is an British justice.

In the Norse legends Old Nick was one of the water- spritos, or kelpies, who haunt- ed the seas, lakes, rivers and waterfalls. He was generally depicted na sitting on a rock or crag, and wringing the water from his long grey locks. He was supposed to resent man's efforts to wrest from the precious metals earth. The flooding of mines was attributed to his malevo lent inflacnee, and the hard- ness of metals was taken as another proof of her resent- ment. Nickel, a very hard metal, was named after him. The theory that "Nick" is a contraction

of Nicholas Machiavelli, cannot be cor- rect, as the name existed long before the Italian writer was born.

The Christian clergy who converted the tribes of North Britain tried hard to destroy the primitive belief in these water-sprites, as in all other pagan superstitions, but remnants of the bellot Still perelst,

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