1931-01-30 — Page 6

IN

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רה-

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THE HONGKONG TELEGRAPH. FRIDAY, JANUARY 30, 1931,

MOTOR

BARGAINS

SIDDELEY

1. ARMSTRONG

NEW 6 cyl, 15 h.p. 5 pas. TOURING CAR 1930 Model in Perfect Condition

PRICE $3,650,

| 2. ARMSTRONG — SIDDELEY USED 6 cyl. 20 h.p. pas. TOURING CAR LATE 1927 Model in EXCELLENT condi- tloo

PRICE $2,500.

3. CADILLAC V-8 1918 Model 8 cyl. 36 h.p. 7 pas. TOURING CAR IN GOOD RUNNING ORDER

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THE HONGKONG HOTEL GARAGE.

The Ilookers A Bitml Tots, Lt Incorporated in Hongkowa. Ià, Queen's Brod C. and Stubbs Rond

BUTH.

--

ROWELL--On January 30th, 1981, at the Victoria Ilos. pital, to Mr. and Mrs. T. R. itowell, a daughter.

HEATH.

GOMES.---Francisco Theomotio Gomex, aged 70, died at his realdener, No. 10, Austin Avenue Kowloon, at 2.15 am. this morning. Funeral will Jass the Monument at 5.30 p.m. to-day. Shanghat, Manila und Macau papers please copy.

to

The

Hongkong Telegraph.

FRIDAY, JAN. 30, 1931.

Is it time to face up to the issue or are we to play blind man's but the last? The Government admitted, when cutting its ser- vants' salaries by over a milion dollars yesterday. that every farthing the dollar loses in sus. tained value costs the Treasury,

and ultimately the taxpayer, a sum

in excess of three lakhs. How

many thousand times that sum represents the es ent ic which private resources, purchasing

DAY BY DAY

PREFER LOSA DEFODE UNJUST GAIN; FOR THAT BRINGS GRIEP BUT ONCE, THIS FOR EVER-Chilon

The

issued a large-type wall calendar in Canadian Pacific has just celebration of its Alty years

oxistence

A POET IN THE PARK.

HE morning suited me some-ment of a bed-cover from an inner

thick pocket, he Inverleith Park, and I seemed to and rescated himself. He upraised dwell in a world of my own, a tiny an admonitory palm and stilled the world of groy light that travelled speech I had hardly begun. with me as I walked.

"Last night," he said, "stark.

commendation that all available data be placed before expert opinion with a view to formulat- Ing and having in readiness a feasible scheme worked out In detail whereby the transfer of the Colony's currency from a silver to a gold basis may be affected as smoothly and with as little trouble and expense as possible, in case a sudden change-over be forced upon the Colony. It would be

A coolla received serious

I had lain awake all night, and sanity ongulfed me like a tidal. interesting to know if any action Injuries through a fall into the the fog, though attractively dismal, wave. I saw the futility of it all. has been taken upon the Hon. Dr. hold of the s.a. Kutsang yesterday. was hardly bracing. I longed for I had been wasting my time and Kotewall's view

rent, but seats were evidently rare my life for fifteen years, and I had that expert opinion should be sought na

A foki in the employ of the Cho luxuries in this park, or it might havor even achloved print. I was to Sang firm, 45, Jervols Street, le

that they lay all around and I up all night....burning it all." whether the Colony can

fell over anfely alleged to have absconded with would not find one till

"Burnt it all?" adopt the gold basis even if China $600 collected from a customer. it. But there at last was the wel- "Evory page! Every word! I come shape of my heart's destro am now going to engage myself in does not take the same course.

useful work-carrying wood, draw- ing water, filling the earth, brick- laying, bridge-building, anything. but it must be useful work. What in the time, sir?"

Does not the unparalleled cost of government and the danger despite His Excellency's optimism of further rises, urge abandon- ment of a meek acceptance of the "Wait for 'China" motif, alrendy set at a discount by more than one local banker? Is, after all, the advice sound? Is it not a fact that Japan, on a gold brais,

depends to a great extent upon the China trade for her pros- perity? In our position so very much different from

that of Japan?

If the dollar falls still further It must be fatally injurious to nearly every local interest. Every sixteenth it falls renders the task of stabilisation, if ever undertaken, just a little more difficult. The inue ought to be faced and that speedily. There appears to be lit- tle prospect of outside assistance. Mr. Snowden has made it clear that the British Government does not propose to take any step for the rehabilitation of silver, and there- fore, were such a proposal to our real advantage, no reliance can be placed on the possibility of such

aid.

LUFC.

And what is the alterative?

R

•

Eleanor Gonsalves, a ten-year comfortable lathbuilt seat with a old girl, living at 558, Nathau rounded back. I coated myself Road, was attacked and bitten by thankfully, and snuggled down into day. She is receiving treatment. a dog at Granville Road, yester-my thick overcoat.

And then, like an apparition born of the mist, a tail figure stalked Into Passengers who arrived here my ken. He was enveloped in a I groped for my watch. "It is a from Home by the P. and O. 8.9. were buried deep in the pockets,dering what the time could matter

long black overcoat and his hands quarter to ten," I answered, Malwa included Mr. and Mrs. There were traces of fur about the to him. Cock, Capt. P. A. Lovegrove, Hon. collar and cults. Beneath his black Mrs. Tufton, Miss S. Tufton, Mr. felt hat a huge red nose jutted out, and Mrs. R. A. Hyne, and Mr. R. M. A pair of gleaming black eyes gazed

into my own.

"Good-morning, sir," he cried,

Keown.

.

Won-

short for all I have to accomplish." "Then I must go. Life is too a get up suddenly and threshed "Good-morning, sir." he cried,

his arma about.

Temple Street yesterday with five hope." He stopped and hat down. I bld you good-morning!"

Li Ki-kuen, who was arrested in "ou will pardon my intrusion, we may meet again, but meantime mace of opium in his stockings, was I groaned. charged before Mr. Butters, at the

Hle plunged off into the swallow- He began immediately. "Isn't ing fog; a double cough sounded Kowloon Magistracy this morning. this splendid? There is a charm faintly as he disappeared, and I and fined $40, or three weeks' im-in all this that transcends sunshine was alone again. prisonment.

and fair weather. This is reality. What a man! But he had talked This is fog. Wo ourselves are log. sense. His rhetoric, crude as it prisonment each, was Imposed by poetry, air?"

A fine of $50, or one month's im- All existence is fog! Do you write was, had the strength of conviction Mr. Butters, at the Kowloon Magis-

behind It The question took me aback. He Nevertheless, a ployed Chinese, Fun Wai and Tal magpie as he waited on my answering thoughtfully in the direction tracy this morning; on two unem-cocked his head towards

heavy gloom me like a seemed to have falen on me. Gaz- Sai-wan, who pleaded guilty, to "Well," I temporised, "I can he had taken, I apled a small parcel having stowed away on the 8.8. hardly say

manock, which arrived in Ilong-

of some sort lying on the path by "No matter," he interrupted, "the end of the seat where he had. kong from Maniin.

see you don't. But air, I do--or sat. I rose and picked it up. It' rather, I did, for I've finished with was a substantial roll of manuscript Fifteen gold wrist watches, covered, it is stated, by a party of the turning point of my career." valued together at $500, were re-moment of cold annity. I am at slipped off

it forever! You see me now in a tied round with blue worsted. I the worsted without C.ID, men, under the direction of

breaking it. He did not neem to have much Sergt. J. Murphy, at a rald 214. of n career left. The

Yes, of course-veract I glanc- Queen's Rund, yesterday, in the dung out at me was like the bark

cough he ed over the first page or two.

It was horrible stuff-but it was course of investigations into of a dog. recent robbery on the first floor of

far, far better than anything I had ever written. 292, Queen's Road. An alleged receiver has been arrested.

•

•

"Poetry, sir," he resumed, "is the mere phonetic froth of life. It the green scum of dilettantiam loating on the surface of the boll-

The quick padding of feet reached me, and I hastily slipped the worst- ed round the bundle.

Like a tornado he burst in on

One of the great arguments a decline in value, If enured by the it again-nonsense! I have been man'-scrip

дду "Man'script," he gasped, "bunnle

of such a

The necesally except possibly to the gamblers, has not been

be

to the

of bread? Can one-allow me to

"It

"It is no matter. I may find it

thank you,

"You have lost your hat," I point- markets; improve the silver ing persons. A certain glamoured out. outlook, and the whole world would might attach to one so apparelled, automatically benefit. The trouble but would they add warmth or com on my way -back. Once more I with Mr. Evans appears to be that

fort

sir, My name—I've He rose and paced up and down lost my card-case--is Cyril Brid- he looks at the matter solely from for a moment or two, stamping His lington Bryce. A name to confure the standpoint of the gold produ-feet and rubbing his hands together. with! You will remember it?"

Taking what appoured to be à frag-

I shook the clammy hand extend- ed to me, and waving his anu in farewell, he was off again. A muffled, "good-morning" floated back through the mist, and he was gone forever, I hope.

With or without China, a change-by the putting into effect of Mr. Ing cauldron of reality, and name. He was out of breath from over may be forced upon the Darling's plans, but that of itself such, should be thrown away. It running. He had shed his hat, Colony In lieu of

ought not to ariae. What? Syn and with his bald head exposed, ho A complete would be no bad thing. It is breakdown of the financial steur- generally conceded that gold prices the emotions? My doar sir-par-twenty years.

thesis of all art? Expression of seemed to have suddenly aged are at present far to high, so that don me-you talk nonsense! I against stabilisation at an arbi-fixing of the ratio between the two should know. I have written sat down limply on the seat. I writing poetry for fifteen years. He clutched it to bia brenst, and trury figure and stabilisation at metals, would not be prejudical to THE EXCHANGE CRISIS.a shilling would be ladicrous--is world interesta, whatever the imvolumes, many volumes, and-bat, waited, while the heaving of his that a serious loss would be in- mediate effects might be on gold useful? Do all the seas of rhyme

no matter. I ask you now, in poetry chest lessened.

Where is the Colony herding 7 volved to the holders of silver. scheme worked out in this way, itlirious humanity, all the so-called length, "I thank you."

producers. Indeed, if Mr. Darling's poured out for centuries from de- "I thank you, sir," he said at

exchange birds with one stone.

logs, would be equivalent to killing two master pieces of the poetic "So you didn't burn it all." I re-

Dr. Evans luminaries, equal in value one leaf proached him.

He barked twice at me, vigorous- proved. thinks that the American silver continue, sir,I say. can one garbly. He was himself again. If the shilling, worth twopence, producers would benefit most from onself in poetry?"

"All? No, sir! Did I say, all? can be legal tender for a shilling. the Darling plans, apparently be- He sneered, and again shot out burned all that was worthless. it seems to us

that the silvering willing to overlook the fact that that true," he recommenced, these priceless gema you have just

double cough.

I burned the dross, the matrix of dollar, backed by gold, can the gold producers, for whom he kept in employment as legal tender pleads, are gaining greatly from that one might wear verses about of my work the limpid clarified

with a note of levity in his volco, restored to me. This is the essence i for two shillings. Some disloca when he talks of silver stability wear charma. They would at least win to fame. I could not burn this. the situation as it is. Furthermore, one's person as superstitious people quintessence with which I will yet tion of trade would follow stabili-plans being designed particularly do no harm. One could have them No one could. It is Indestructible, sation, even if Hongkong happen for the benefit of the people of In-printed, any, on his shirt. With an imperishable!" ed to be hastening after China, din and China, he quite mis-states epic poem on the breast, a string He placed the priceless gems care. but the change would

round the neck, a fully in the pocket where he kept of epigrams at least the position. With conditions Дв Bonnet or two on the back, and the bed-cover handkerchief, and power, actual saving or capital afford a whalesome beneft to the practically cut off from the orientalimany of us would be more interest-}

they are, the Westerm nations are humorous sally on the tail thereof, rose to depart, of the individuat or the trader community, relief to the harassed are sapped, is, of course, beyond shopkeeper and succour computation. Yet no encourage-

Treasury.

ment is given for belief that a serious attempt to tackle the pro-

Silver and Gold. blem is contemplated. His Excel-

The efforts of Mr. Darling to in-cer. lency, for

unexplained,duce the British Government to reasons remains an incurable optimist. take the lead in restoring the ratio He hopes that silver will

between gold and silver are attract preciate in value and that the ing worldwide attention. They do

not, of course, everywhere dollar will make Rome recovery, He is aware of an opposite view endorsement, which, perhaps, is not to be wondered at, bearing in mind in authoritative quarters, but re-

the number and variety of the in- mains unshaken. Shortly, it interests concerned in the monetary hoped, Information will be recoly-problem. From Johannesburg, the ed from experts who have been centre of the South African gold examining the Report of the industry, comes a note of objection Currency Commission, a

uttered by Dr. Samuel Evans, who report which dealt very largely with the enble. The argument is that the thinks the Darling ideas impracti- unsatisfactory state of the eur-people of South Africa would be reney by reason of the fluctuating sacrificed so that an experiment promium of the bank-noto over the night be made to overcome the allver dollar, a condition which no world crials and more particularly longer obtains, a report, drafted to benefit the people of India and China. The gain, says Dr. Evans, before the present unexampled exchango crialb became even acers of silver in North and South would mainly accrue to the produ- ramete possibility, report America. These views represent a dominated by an outworn dictum, somewhat selfish outlook, based on that the Colony is yoked to China a failure to realise the widespread and must follow her footsteps. effects of the present absurdly low Quite candidly, we see no prospect Price of silver. In any event, we of useful developments from a especially suffer from a restoration cannot see that South Africa would study confined to that Report. in the price of silver, on

a fixed Thore might bo in the event of ratio to gold. It is the growing dis. a decision by the home experts to parity between the price of the pursue their own course.

two metals which is at the root of Meanwhile, numerous questions much of the world trade depression: arise. It would be interesting to would therefore be of universal ad- the wiping out of this disparity know what action has been taken vantage. Conceivably, the price of by the Government upon the re-gold might be somewhat affected

op-

secure

ER, LUTZ

SHOWAMBER?

1261

KOPIJA RA TARVIč 146. REGNÉ ME

and don't let him chew anything for a couple of days."

I sighed in relief, sank down into my warm overcoat, and continued my tussle with the rofractory rhyme that had kept me awake nil Inight.

J. R.

|AVALANCHES

IN SCOTLAND.

FEW

NEW people, apart from those enthusiasts who indulge in the oxhilarating sport of moun- taineering on our Scottish peaks in winter and early spring, are aware that avatanchion are of fre- quent occurrence in the glans and corries.

True, they do not attain to the devastating dimensions of the |avalanches which occur in the Alps of Switzerland, or in the great mountain ranges of Aala and Am- arica; but they are of quite sull- clent size and frequencka

to consti- tufe a danger to reckoned with, and

| ono. of the first things a Scottish mountaineer has to learn in con noxion with winter climbing le

how

to recognise, and avoid if possible, those places where a slide of snow

la likely to take place..

It is particularly in the spring of

the year, however, when the vast

· (Continued on Page 7,)

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