1930-12-04 — Page 6

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THE HONGKONG TELEGRAPH.

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1

THURSDAY, DECEMBER · 4,

1930.

DAY BY DAY

the main thing is to restore the relation between the two metals. Any aton in that direction would automatically send up silver, fur the simple reason that the creused demand would have that effect.

11-

INVENTION IS THE TALENT OF

AGE.

YOUTH, AND JUDGMENT OF Swift.

The .s. St. Albans, with the Australian malls, is die here at daylight on Saturday.

The P. and O. as Khyber, from ongkong, arrived at London on the 1st December at a.m.

EVELYN · WẠUGH on

IS OXFORD WORTH WHILE?

L'Oxford korun went down to a tradford

third.

to acc

a

Here in Hongkong, we are In-

AST week-end I went down to Do Oxford and Cambridge maintain tensely.interested in this questión beenuse the continued slump in

To judge by the blank faces and party. It is near the end of term, silver la creating a situation which

and half the guests were just out blanker conversation of the young in rast becoming intolerable. The

that they did not. To final examinatione. They replier suspect votes which are to come before

of the schools in the middle of their man in a London ballroom one would to polite inquiries about their pro-judge by the decoration of my the the Finance Committee of

grees: "Oh, I don't know. With tutor's rooms, one would say with certainty that they did not. Ox- Legislative Counell this afternoon Part of the property stolen from any luck in my uira I may scrape a ford is not up to date in the Intest theories of athetics and paychology costs the dining room of 35. Conduit second"-which in the stock answer tril their tale of the extra

Road, the residence of Mrs. Kawn-of everyone who hopes for a first

from Berlin and Paris. Many of which ratepayers have to bear bezu, on Saturday, has been recover- snid that six years ago. I got a

the colleges are far from hygienic. cause the Government works oned by the police in a pawnshop.

A great

number of the under- I have reached the age when meat la system of receiving its revenue

Kraduates express the heartiest in silver and paying out Jarge

The annual report of the Inspec-jof my friends in the University are tor General of Police for 192 dona. They go on, term after term contempt for everything to do with sums in sterling. And as the drop shows that the total estalifahment-hospitable, malicious, unchanged. Art or intellect.

But there is another sido. Ox- continues, the more money is need-was 2,207, cumprising 263 Euro-It was an unusual experience

80 many undergraduates, most of ed to bridge the difference. The peans, 739 Indians, 744 Chinese.hem in the last days of their last and it is impossible for ellecta on the cost of living do

year, in the absurd white bow ties that are supposed to convey not require any emphasis; they

set men twelve academie appearance. It A Chilure girl, aged Fare nfl too painfully apparent.

Of larger concern is the practical years, was removed to the Govern- wondering whether Oxford had been

ment Civil Hospital yesterday suf-worth while.

£1,000 for a Degree.

All the misunderstanding of the atting off of the Chinn marketa fering from scalds to her head and

When parents and schoolmastera value of university life seems to to gold standard nationa, conse-face, caused by upsetting a pot of

is not nak. themselves and each other that me to come from two extreme hot ien. Her condition quent on the lower purchasing serious.

question they often mean only one heresies. On the one hand- thing: In the money spent on unt- those who expect a University to be power

into people

a kind of Insurance comp and towing to the fall in silver. This In an attempt to commit suicide, versity education a sound capital

In from which so of Chan Tam-po, aged 85 of 21, Yee investment? From three to four which so much money le

much, eventually, Jatti development

Wo Street, took an overdose of years of a young man's life, at an

extracted. They expect a B.A. de- worldwide concern, and in the opium, but not sufficient to have age when he might be earning a long run it may prove an import-ny serious effects. He has been certain amount of money, are oc-gree to be a badge which will gain -

cupied instead in spending it. them instant preference over poorer ant factor in securing some inter. i removed to the Government Civile amount, of course, varica a competitors, and in nine cases out

Hospital. national approach to the whole

Chinese of the

one

Hongkong Telegraph. monetary and economic problem.

THURSDAY, DEC. 4. 1930.

SILVER AND GOLD PROBLEMS.

CO., LTD. drop in silver, sill

to

The

members of the Water and 241 Police.

great deal from one man to another, but I suppose that it costs on the A brief report has reached the average about £1,000 to take a de- local authorities from the managree, Ker of the Texas Comuny at Gir Drinkers Bay to the effect that fire broke out at a matshed in the Kwai Chung Village yesterday and that a child had been badly injured.

ornaments and

anyone.

ford is architecturally a city of grace and magnificence. peculiar however deep his apparent pre- accupation with hunting er golf or four years without being influenced by it. bridge, to live there fur three or

Are

of ten they are disappointed.

On the other hand, there are those who expect Oxford to be like an Oxford novel. A place of easy and living, subtle conversation,

They illuminating friendships. expect it to be a kind of microcosm infinitely AH of eighteenth-century Whig society, modernism. They.

Is there a corresponding increase n the graduate's earning capacity? Would the money have been better

combined with employed at some technical train Ing college?

From this point of view, as far sophisticated 18 I can judge from my own experi.too, are disappointed.

A Chance to Grow Up. and that of my friends, Oxford

nce

A

3 fulle

It is just because Oxford kocps them back from their careers that it is of most value.

America's Problems,

President Hoover's meRANILE the "ame duck" session of Con- press reflects the industrial de- pression in the United States in a

A report to the police from Mrs dozen different ways. The loss of Andrews, of 7. Prate Buildings A certainly not worth while. When The truth is that Oxford is sim- revenue has been tremendous, un: Kowloon, is to the effect tha went down the only job I couldply a very beautiful city in which The continued decline in the

ploynient offers a serious national Home time between 9 p.m. on Mon ret was that of teaching elementaryt is convenient to segregate a cor value of silver, accompanied by problem requiring special emer day and 6 a.m. yesterday someon

inssics to turbulent little boys attain number of the young of the he salary of £160 year. Of my nation while they are growing up. a steady rise in gold prices, isgency measures, and immigration entered the basement of her house

ontemporaries only one is carn-It is absurd to pretend that a boy | raising fresh monetary and econo-laws are to be subject to further and stole sliver

hg "real money:" he is a film star of eighteen, however sound he has t Hollywood; incidentally he was been as a school prefect, mic problems. As present ten-revision. In spite of the fact that clothing to the value of $36.

nt down for failing to pass his grown man. Those who choose or dencies are having a serious effect the recent election indicated vigor

Suffering from injuries receive

are obliged to begin regular, re- the on world trade. It is not to be won-ous dissatisfaction with economic at the Kowloon Godowns, where preliminary schools.

Another friend, on the other munerative, responsible work at conditions, however, the President he is alleged to have been attack- Leo Reisman's Orch'ered at that all manner of schemes consistently refuses to find justified by a number of mea, a tally-hand, took high honoure, in Moda moment they leave school, parti-

have been nut forward for

cation for gloom. The normal man named Kwong Kee (26) has and Greats and has also devoted cularly if they have had a fairly Kowloon himself to cinema work. He gets carefully tended adolescence, often Lucky Me--Lovable You (Foxtrot)

securing a readjustment of exist- activities and incomes of America, been admitted to the

was a part in the crowd at Elstree about show signs of a kind of arrested Hospital for treatment. He

once month. Another scholar development. Leo Reisman's Orch'. Ing conditions. Lord Bradbourne's he says, have not been restricted by not seriously hart, however.

who took a double first and was suggestion for the remonetisation more than 15, to 20 per cent.

president of the Junior Common The annual exhibition of the oom has become a curate, of silver in, we take it, a plea for number of distressed families, he

cinims, represent only 10 to 20 per Hongkong Art Club will be held at Another friend who had an excm- It gives them another four years bimetallism. It Kains strength

cent of the calculated number of Lane, Crawford's Restaurant (front plary career in all branches of Uni- in which to grow up gradually. It from the fael that, apurt from unemployesh

He adds that re-room) and nut at China Buildings versity life was for a month last puts them out of the way of their the effect on gold prices of the cuperation is retarded by unwaras previously advertised. The Ex your actually starving until he was fellow-citizens while they are mak

indieations ranted fear and apprehension, and bibition will be held on December

among his learn to get drunk or not to

Bet fellow-under-graduates, lives in a drunk; they can edit their own point to an eventual shortage in supports his belief by declaring 10th and 11th from 10 am. to discovered; another, who had a ing fools of themselves. They can Idingy bed-sitting room and does oc-papers and air their opinions; they' gold supplies. This latter ques-that unemployment relief coramit. Pn. The admission is 60 cents.

ments-covering a period. .beyond The disappearance.La "hocasional reviews for journals of can learn how to give parties; they tion has recently been investi.

can find out, before they are toa the next six months are unneces-employed by the Sung Lee Co., precarious financial stability.

As far as direct monetary re-busy, what really amuses and ex- gated by a special committee of ary. Nevertheless, it is difficult building contractors, of 527, Hen-

"enn do all this neasy Road, has been reported to turns are considered, our parents eltes them;

And they enn the League of Nations, whose to escape an impression that Pre-he police. It was stated that the would have done far better to have in a town by themselves.

After that they can begin on the interim report indicates thesident Hoover has been resourceful "bey named Leung Chung-hing, packed us off to Monte Carlo to try

in the use of materials for paint had absconded with a sum of our luck at the tables.

dreary and futile jobs that wait for necessity of concerted inter- ing his picture so remarkably free $928 which he is alleged to have But, of course, that is a narrow most of them, with a great deal national action if a serious crisis from shadows. Not a word is to taken from the accountants desk and silly way to regard education. more chance of keeping their sense

be found on Prohibition. America's after having broken open a drawer. A much more pertinent question is: of humour and self-respect. Since Britain returned to the biggest problem outside unemploy- gold standard five years ago, many ment, though this may be explain- criticisms have been uttered re-ed by the fact that the Wickersham garding the alleged inexpedicney. Committee on law enforcement and crime investigations has not yet of that policy, Its effect on

submitted its Report. A tendency British trade, particularly on proto minimise the disaster of the de- duction costs, have been described

pression is apparent. A recent as disastrous. Be that as it may, traveller in America, back for the there can be no disputing the fact first time for two years. was that Britain, like all other coun- shocked by the change in the out- tries, is suffering as a consequence look of business men as well as by of the growing disparity between the evidences of curtailment of commerce: On his first visit, the cold and silver. It may be well

possibility of a. depression would to explain here, for the benefit of have been treated as a jest. To- the uninitiated, that bimetallism, day, he says, business men

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3.1 no douin hear a į practically inc-puble of resționae, good deal in the near future, isto a call for courage. This may not a question of the use of both be murking in the shadows with gold and silver coins, but, rather, strokes a triffe too heavy, but there

the employment of both metals as

standard. In countries which have a gold standard, silver and copper coine are merely tokens.

is reason to believe that President lover is equally extreme in In his

optimism.

| Bimetallism implies a recognition Li Sul-ping, a herbalist, his son and a fokt were to-day committed of both matala in the samo ratio for trial at the Criminal Sessions of-value, a difference which will on charges of conspiracy and arson enally be realised when we take in connexion with a fire which oc curred at thefr shop at 177, Wing eccount of the manner in which Lok Street. Another foki, who the two are now becoming com-appeared on these joint charges, pletely divorced from each other. was discharged.

It is obvious, however, that in a A Chinese pleaded guilty, before matter of this kind, involving ao Mr. Butters. at the Kowloon Magi many complicated factors, no one and taken away growing grass from strncy this morning, to having cut nation can afford to act alone. the garden of Miss M. B. Alwee, The whole issue is one for inter-off Prince Edward Road. He was national agreement. Only by fined $10, or two weeks' imprison- widespread action can silver be

ment.

brought back to its true relation. in connexion with the defalca- to gold. When Lord Bradbournotions by Carvalho Yeo, Treasury talks of remonttisation of silver Water Account clerk, it is stated in the annual report of the Audit Om- at's

a price of about two shillings | co that the amount involved, $15,- par ounce he is probably using 829.95, has been written off, on the this figure In so 'arbitrary sense; authority of the Secretary of State.

What a wonderful marriage! Her face and his fortune." “Yes, deario, they ve both been lifted "KORBAN VANNER.