1931-01-08 — Page 6

YOU

Will Find that for

the Cold, Damp and Changeable Weather

"WATSON'S"

Malt Extract

WITH

Cod Liver

Oil

WILL INCREASE YOUR NATURAL POWERS OF RESISTANCE.

A. S. WATSON & CO., LTD.

THE BONGKONG DISPENSARY.

One resolution that will be easy to keep

When you've decided to have the best music in your home during 1931, you'll find no difficulty in carrying out your resolution-with an orthophonic Victrola.

For this almost-human instrument interprets each

new selection with a realism of tone and volume that is truly astonishing. You play it over and over again, with new interest on each hearing.. Come in and let us help you make a selection-we have a large variety of attractive models in stock.

THE HONGKONG TELEGRAPH, THURSDAY, JANUARY 8, 1931.

S. MOUTRIE & CO,. LTD.

(Victor Distributora) Chater Road.

A Nice Variety

of

SHETLAND & SHELL

KNIT SHAWLS.

for

BABIES

in

different sizes.

also

Wool Pram Sets,

Feeders,

Bibs,

Infants' Bootees,

Rubber Pants,

Shoes, etc.

Lane, Crawford, Ltd.

Children's Dept.

MOTOR

BARGAINS

MINERVA ALL WEATHER TOURING CAR 1924 MODEL IN GOOD RUNNING ORDER

PRICE $300.

MORRIS-OXFORD 1930 MODEL NEW 6 cyl. 15 h.p. 5 pas. TOURING CAR UP. HOLSTERY slightly solled

PRICE $4,125.

STUDEBAKER SIX. NEW 6 cyl. 25 h.p. 5 pas. REGAL SEDAN 1930 MODEL in Perfect Condition

PRICE $4,195.

THE HONGKONG HOTEL GARAGE.

The Hongkong & Shanghai Hotel, L14.

incorporated In Rangkang. 25. Queen's Read C. and Hobbe Fload.

The

little will be done to increase China's purchasing power, which Is the primo necessity of the moment. However, if it la соц- ceivable, as Dr. Hans suggests, to

DAY BY DAY

A MAN CAN ALWAYS MAKE BLUN-

fix at a price above the currentDERS, BUT IT TAKES A WOMAN TO value, we cannot 800 that the CONVINCE HIM OF THEM.-Con possibility of fixing at a higher stance Evan Jones. rath is ruled out. Be that as it may, something must be done to stop the present fluctuation, with its concomitant evil of widespread speculation. In currency.

An effective wall calendar has been issued by the Blue Star Line.

HEDLEY JOHN KEEFE on the

LORE OF LOTTERIES.

TH

THE LOT which, as Solomon Covetous" is an example) should says, "causeth contentions to be furnished by cach adventurer to cease, and partoth between the secure anonymity.

This "verio rich

Lotterie mighty," by means of which the

Ganorall, without any blanketa Promised Land was divided among

of erected by her majesties order to The Empress of Japan is due the tribes of Israel, and one

| the intent that such commoditio as here at 11.30 nm, on Friday. She the Apostles was chosen, must not may chance to arise thereof, after with the Lottery, the charges borne, may be converted will berth at Pier No. 6, Kowloon special

confcation of the Lattho

Wharf.

Was

TE

apportionment of subscriptions towards the reparation of the which dates only from the end of havens and strength of the Realme, the Middle Ages. The subscription and towardes such other A stonebreaker had three fingers element absent from the good works." was, as H

in Poules of one hand blown off when rush-Roman lotteries--they decided the records, "at London ing in to gather stones during binat destination of gifts; at a banquet

Church yard, at the westdore... Ing operations at Taikoktaul yes-given by Hellegabalus, for example, fun to be drawne the clouenth terdny.

the guests drew lots for presents and night till the sixt of Male." Januarie, and 'continuo dale ten ostriches, tent bears. There were no hetual blanks, their place

(1669).

The time taken in drawing (or

*

aur-

Looking at the matter from Hongkong's standpoint, whilst it may be true in one SCRAO that otability at any price would be better than the existing uncer- tainty, we must not forget that It would take many years before the Colony could adjust itself to any low-value stabilisation. We have for so many years lived on a basis

An unemployed Chinese, named being taken by gifts Buch an of "reading" as it was niso called) " which puts the sterling value of the Chau Sap. pleaded guilty before six flies or a dead dog. dollar in the neighbourhood of Mr. Butters, at Kowloon this morn The widow of Jan van Eyck set this Lottery is not excessive see- two shillings that stability at any

Ing. to the larceny of a woollen up the carllest subscription lottery in that each posle had to be rend where near half that figure would Jersey, two cotton jackets, and a of which I have rend, in 1446. aloud and then recorded.

felt hat, the property of a married The municipality of Bruges perpetuate the

with the present economie woman Cheng Chat, living at 32, gombled

ratepayers' A poster is extant advertising

disabilities from which the com-

Kwai Lam Street. Five weeks' im-money to the extent of two lives ueen Bess's verlo rich Lotteria

Generall," in this lottery. prisonment was imposed.

It is feet high by munity is suffering. Moreover, in

19 inches in width, and in view of the Government's sterling

mounted by an illustration of the Draw Brightemiston a good lot,"prices," In pinte, tapestry and commitments and the basis оп

Or else return them a turbot. which civil servants are paid,

Such was the "posie" written on there would be small prospect of for the Colonies that the funeral of a "ticket" for the first English any lightening of the burden of the Inte Princess Royal will take State Lottery bought by those who up to be scene in Chespeyda .... place on Saturday. 10th January guided the dentinies of Brighton in in the house of M. Dericke, Gold- taxation; indeed, even more

reAll flags on Government buildings 1668. Hastings, as one of the amith." The Virgin Queen's ad- venue would most likely have to be and munches will be flow at half Cinque Ports, took several tickets.

visers were not Ignorant of the The situation in this mast from 8 am, to sunset on that On cach was inscribed:

value of publicity. day. respect at present is extremely serious. Even after making allow- unces for the new busin of civil

servants'

taking full pay and account of the fresh taxation just put into force, it would appear that if the dollar remains in the neighbourhood of one shilling, the year must end with a

Hongkong Telegraph. found.

THURSDAY, JAN. 8, 1931.

THE SILVER CRISIS.

Coincident with the fall in the

netion.

very

Telegraphic information has been received by the Hongkong Govern ment from the Secretary of State

SIX MONTHS FOR ASSAULT.

RECENT INCIDENT ON THE TAIPO ROAD.

A Chinese named Li Kwai made

of $5.30 and of two keys on the Tal-

Le of leading cemomists realizing look, something will soon be done.belonged. Petrecessity of action of some sort being taken. Thos, infledly, has

| been Hongkong's sole hope in face of a situation of growing serinus- Beas, The position has now gone

flato and Parliament.

From Hastings we come, God send us good speed; Never a poor fisher town in

England Of ye great lot hath more need, Miss Sibbel Cleyon ventured 108. Of this virgin I know nothing savo that she owned lat 51m., 832, and that her "posic" was;

I am a pore maldon and faine would marry,

And the lacke of goods is the cause, that I tarry.

ran:

money, 20 inches in depth. It was printed by Henry Byanaman in 1567. and announced that the

prices and rewardes" wore

"get.

Between 1669 and 1709 very few | State lotteries were held, but to- wards the end of the Seventeenth Century, raffles, under the name of lotteries, played almost as great a part in England's trading system

Beginning with the year 1709,

hire purchase and the bargain sale do to-day. The ton amused themselves by forming parties and visiting the shops, where they subscribed the price of an article and decided its ownership by the hazard of the die on the counter. sterling value of the Hongkong dol-substantiul deficit, running into another appearance before Mr. But-

Tradesmen raffled large portione Jar to the round shilling mark, comes several millions of dollars. Thatters, at Kowloon this morning, on

a charge of having robbed Ng Kam single strictness," for No. Sim, usually td. apiece.

Her life, I fear, was spent "in of their stock, the shares costing yet another suggestion aiming at

is a prospect which cannot be con-shul, a public car driver of the aum 882 secured a "price" of exactly the stabilisation of the price of

Street vendors of nuts, ginger- templated with equanimity. From

West-bread, and oranges had dice on silver by means of Internacionai

po Road on December 11. Charges 25d. William Dorghtie de whatever angle we view the mat of simple larceny and assault were holme whose prayerful "posio" their stalls for small boys' to It has long been frescenter, the need of action stresses it also preferred.

gamble withal. This custom. did that the worse the situation Lecame,elf, We can only trust that in

God send a good lot for my not cense until about sixty years The defendant said that he was children and me,

ago, the barrow-women then pro- the greater likelihood would there view of the gravity

of the out-going to return the $6.30 to a man

Which have had twenty by one viding a sort of roulette wheel named Tin Hing to whom the money wife truly,

instead of dice. had no better fortune with No. When Princo Rupert died, his Tin Hing denied defendant's 109m., 508.

jewels, valued at £20,000 odd, were story.

Sir George Speake, of Whitlack-raffled, and King Charles II, him- Mr. Butters discharged defendant ington, in Somersetshire, Knight, self mixed the prize vouchers The mantle of Cobbett, who on the count of highway robbery, may or may not have grloved when among the blanks, found little that was complimen- remarking that he did not think No. 193m., 068 drew a "price" of so far that any separate actien hytary to say of British statesmeny jury would convict him on that 65. 10d.; anyhow he had announced lotteries wore definitely adopted as

charge. His Worship added that beforehand:

in Budget device. Each year there- of his day, appears to have fallen he believed there was some con-

after until 1826, Queen Anne er What change to me befat, upon an Italian notability, Count nexion between Tin Hing, the com-

one of the four Georges (in I am content withal, Sforza. In a recent appreciation plainant and the defendant, and he

France) thanked thefr "good of Lord Balfour, Count Sforza dant's statement that he was collect-what we should call the 400,000 and approved a Lottery Exchequer

accordingly accepted the defen-

The appearance of posies on subjects for their benevolence,”. plores the imminent disappearance in money on behalf of Tiu Hing. "lekets," costing an angel or 108, annual profit to from British political life of the He accordingly discharged the de-leach in the first English State was some £250,000. scholar. Ile recalls, to point his fendant on the charge of simplo Lottery, was not the result of Every year the two glant lattery observations, that when Gladstone larceny, but sentenced him to six caprico; it was one of the condi- wheels, one containing subscribers'

tions that a posle or device ("Nót

(Continued on Page 7.) public function was unable to com- was visiting Italy, his host at a months on the assault charge.

plete a quotation from Horace that Gladstone had commenced. In fact, the only person in the room capable of supplying the missing words was the British political chief himself, Count Sforza re- grets that such an incident is un- likely to occur again, not because italians are getting to know their Horace better, but because states- men are ceasing to know him at all If these apprehensions are justified, the regret will be shared. It would be difficult to overestimate the debt which Parliament owes to

is

one

which

the fact that it has frequently found opportunity to escape from the bitterness of party politics to the more serene air of classical literature. Mr. Stanley Baldwin is one of the stalwarts of the old

this Colony in the direction of an early stabilising of the dollar would appear to be altogether out of ques tion although a suggestion which we have heard that Hongkong might do worse than adopt the English sterling currency might be worthy of consideration. Dr. Joseph Hans, the Austrian economist. advocates the formation of an international silver-pegging syndicate to absorb from the market the immense quantity of metal which is responsible for price fluc- tuations. He outlines means by which co-operation along these lines would be possible, but we doubl whether his suggested fixed price of fifteen pence an ounce for silver will command any widespread up port. This figure is far below that which has been advocated by other econernists recently. However, this fs, after all, a secondary point so far na immediate attention to the problem is concerned. Everyone, we imagine, excepting those people

Indeed, it is sometimes: who exploit the fluctuations in the

charged against him that his taste price of the metal, would favour for the classics renders him unfit any well-conceived concerted plan for the hurly-burly of politics. which aimed at checking the disasHowever, there is every reason to trous decline in silver. The main believe that Count Sforza has ex- It may thing is to get international.agree- aggerated the situation.

be true to a large extent that the On that point. That mach secured, the working out of classics have suffered a sutback in the House of Commona. Also, details ought to present no insuper- there is a germ of truth in hia able dificulty. When we come to suggestfon that classical learning analyse the situation, it will be con- has been exclusively the preroga- ceded on all. hande, with the exceptive of statesmen who have had tion which we have mentioned, that no real understanding of the needs of demo, racy, though this is partly stability is the one great need, for because, in the past, higher educa- without a certain factor, trade and tion has not been available for commerce must sutfor. So far as those cineses from which demo- the Far East is concerned, the only crucy takes its natural · lenders. way in which to improve the out-There is, however, nothing in cul- look is to restore alivor to some ture Itself that is alien to, the better relation to gold, so that spirit of democracy. Now that China can

come back into the even Oxford and Cambridge are not confined to any single. Bection world's markets. On this point of the community, future Parlia- the thought does suggest itself monta will doubtless find among that if the price of allver is fixed their leaders many who have re- at a level as low as that suggest colved the pecullar impresa of ed by the Austrian economist, very classical ideals.

ment

school.

"How very charming to have met you. I do hope to see more of you.” "Well, just now, thanks to dieting, I'm hoping myself to sas Jess of me.”