1931-11-18 — Page 7

CURRENCY REPORT STRONGLY

CRITICISED.

(Continued from Page 1.)

equivalent to a round sum in dollars, the balance in excess or

wur subsidiary colns by base metal deficit would have to be either would prove absolutely imprnetle-pal or received by the bank able.

THE

HONGKONG

TELEGRAPH, WEDNESDAY, NOVEMBER 18, 1931.

RECENT · GODOWN AIDING THE POOR}

COLLAPSES.

CONTRACTOR FINED

TO-DAY.

We have our ton cent. pieces whenever 2 r was actuallyTO PULL DOWN AND

rattled and bitten quite enough as handed over, things stand. With the Introdue-

small change.

nud rof."

When the opposite transaction

or

Dccasions

RE-BUILD.

The collapse on two separate

fal the

and walle columns of a godown under con- traction in Gloucester Road were mentioned by Mr. J. Bottomler before Mr. Schofield at the Central alive Court this morning when he was summoning the contractor for divergener from the plans,

AND NEEDY.

WORK OF SOCIETY OF ST. VINCENT DE PAUL.

ANNUAL REPORT.

RADIO BROADCAST

TO-DAY'S PROGRAMME OF RECORDED MUSIC.

pro-

The radke programme to be broad- cant by B. W. on a wavelength of The report of the Society of St. Vincent de Paul, for 1930, has just 355 metres to-day la

5.00-7.00. p.m. Chinese programme. 0.00-6.30 p.m. Chinese children's been published, in which it states that in view of the approach of programme.

7.00-10.30 pim. European the 48th annual "Al Fresco Fete," which is to be held on December.gramme of Columbia records. 6, the Central Council has much pleasure in presenting a statement of accounts for 1930 and a report of tre Socioly's work during the first une anths of 1931,

Relief in Money and Provisions.

During the nine months January

tion of a base-metal token coin, half takes place however, viz.. the of China's population would be tender of har silver against thei employed in supplying us with our issue of notes, we recommend in

order to avoid a multiplicity There are a few frit-glance ob-mall dealings that notes should Jctions to the Report. I do not be issuable anly in quantities of o suppose there will be much further not less than, say, 20.000 50,00 criliciam submitted as mont of the or even 190,000 dollars, whichever st desirable. previous currency correspondents may be

thought most appear to have left the Colony in this transaction to, questions dlagust.

of old amounts would arise; and

The contractor was acensed of The accounts show that the every bar would have to be either The apathetic affability of Anglo-accompanied by a certificate of not constructiar the walls and expenditure in 1980 was $40-100 Saxon acquiescence be the one out- undoubted authenticity (uch columns of the premises with con- over the receipts,

landing characteristic #f

mortar and also of nut there, we understand, available in rele

The net! proceeds of the "Our aretage Honghong resident-fixed Shanghai) or weighed and aswaved having the wals and golumns | Poor Dnyt Sale of Roses and the like plant to his

peculiar and stamped with the value in ended and substantindly con-† Fete held Inst December amounted spot, to draw nutrition, propagate, Homplong dollars and cents before stricted in cement mortar, to $12.438.54, an increase of Mr Bottomley recalled that a 3754,55 on the 1920 figures us set Varenpfance, I see in the 25 years Ago" ** The Commission, in be Charges. Novettber 2 resulting in the page of this Report.

portion of the building collapsed out in the Statement on the first Iract from the South hon Morn. by Past thi train leat "I This question is an important removal to Hospital of four works everything of a public endertaking bune as the amounts of the finard's, org whom was in a serious Singapore with energy and enteri

He was not expected to coumtions will determine the condition. prine takes the init ise and Bengali but are the two bullion Bee at the time but together with September. 1911, the Society has kong looka on apathetic and help-points.

the others had since recovered.

contributed to the amintenance of On November 13, anather pro 147 families, comprising 215 per leas"

Is it the humidity or the women reary is a definite amount ut faction of the milding collapsed, sons, to whom assistance has been

irrespective silver. it would in our opinions be Since the second ine dent the given There is nothing else its

arge Palier had been on duty at the nationality the usualons for the Board to charge tuilling and had allowed any have len made to the Poor in

Freed. or

1037 visits Cofony to which one enn attribule juus” com:ruission for providing the deplorable lethatry isitor bars to the bank for the holy inside.

(their homes during the same Britinbera.

Mir. Bottomley asked for | redemption of notes presented in

an period. The expenditure for the Them ili Hongkon It would. order of demolition and reconshine months was $5,360,131, Reform Sebene Amplified.

however, le proper for the Bourdtruction to the satisfaction of the against $5.358 75 during the same

Unitdine Authority

period in 19, The scheme for the reform at to charge * commission for pro

The Society has the arrency forms the principal,hing silver bars at other e adres. In reply to his Worship the also during the first nine months item of interest in the Report of Suela commissions shouta in defendant paid that the injuresta 1931 expended 97.00 in provid- The Chewy Mission. The broad out. ujamos la fixed with regon to workinen tad nuw all recovered ing whore and clothing for paur fom and compensation had been paid, children and 90,00 in Medient Aid, fines of the proposals ánve already the coat of moving ball1

Huurkon 6 the centre 11 been published.

1 21i**

A fine of $5 un arb summons. The Boure! Manual uve was imped, it being tated by power to vary the rate, and. it for Mr. Rottomley that the work of

In consequence of the entüme jany reason they desired to reshice i reconstructio world

rumelt

Intizade depression there is a large their holdings at particulara loss of $1,000 to $1,500 to the amount of warmployment in the Creatre, to waive the ronym issport Contractor

Colony, and as a consequence the The rate of commission to be

question of the housing of the poor hugged by the Board when bar

sil ranses the Society no Яttle eiver is tenilored to them to he

anxiety. The expenditure ander notes will ።

this head sturing the whole of 190 anounted to $1.974.28, while tu

or the wine7

la an appendix, the Miasion vous into its Persons for maku the recommendation

Jallows:

111

fav.

Silves Content of "New Init

We rucntumend that the

li

As the theoretical unit of cur-

Theoretical units of currenty should share it

K

be 374,4 graing of fine silver which uniready statedí establish the uppes!

in the content of the British dollar. back point

The sens to be no advantage in seferting as the standard the higher silver content of the Mexictor Gellar 11. After all, a Loreign vodu, and To accept the hisle dandard would Bivolve The Currency Board in a

Ligli là

:

5 Per Cent. Limit

TIPPING HAS ITS VIRTUES.

Fontinued from Page đạ

The Pale should nl. IN dining exered the present percen proffering a suitable tip tape rest of having har silver con- saules of both side

Certed into dollars at Hi London; loss in respect of every

ar the Bombeo Mint, and brought Tit sedlar takon over quile preobly after of the Bobokong.

Mexican dollars Nomady

all such dollar

are likefe ta leeniton

الأن

panj price of silver we under. tand that

th

Weight and Frane of Silver that, and we

at lord 61

Father a 11 apore billion poing.

recommend that the maxial mmune mentalesin huuld be fixed

As the object i manetan they law a tent, and that the

5

Fler Port -hanke he empowered to re parity, The fat wel bar shoud to

that Detare it they think DE of the weigh finan whah! The Board shania!

most quiring which

have

mule have not prohield such the Anit information a toral t

The Hoard may be prepared to to make a recomandatru, and too wive silver afnorwis then in advise that the matter should re- bus of the 'ceive the early cons alottakinat of the

Currency Routed

standard fixed. in Witch gase they shroid be Lowered to charre a commission,

יוני

The lo

Housing Accommodation.

race.

as

for the nice mouths Janet

September, 1911 the

:

|

using

was $1,654,56 of which $209.22 re- sente Grants made in special There cases of temporary destitution.

The Suriety maintains a 4-story

Kwong It is a building, No. 2

Ming en touch is maintained,

different thing from saying,Stret for the purpose at Thank you very much; you will, of a mumber of pra families who are fret your share of time tem there pavidal with more healthy they dog worker when I have and sanitary quarters than

ente even with asaitarre from the paid on ng hi The whole theary of tipping tuny Suciety. And in the claper and

not be a good one: that is overcrowded districts of the City. matter of opinion. But, clearly, is on 29solved by the ten jer ent extra practice

Bark to the Old Order. Ja putes will amken rule

will be met epily obtain and provereal eta Bs a commission for

vereistag har sifver alsovechefe than That tipping is absolutely probabit ་ ་' in Hongkong, and to waive it it, and enturge that ruh with desir zervants, well and good, We may they think lit.

sislike it, but we will abide by it, and we shall be satisfier Eint the svants are agreeable to their ma: itations of employment.

But if he holds merely tore up

stillings in every twn und we spend and leave their ser

is to embarrass us if we do

a the traditimal custom, then should stop at nee

this

in the Custom begins try it will be dead to check. It will possibly, as it did when it

lave at Which Board Should

Hold Silver

The present baul nede st promise Te pay Hoi dong currency

in tony and t

Sterling Payments,

Ut a commission is charged op with gates against allion, tellows that it would be

it

appr

I

a

the Board,

Board who would ná doubt

וני

two hotel servants will not appar -

ingr

Education of Poor Children.

This has always been one of the ist worits of the Society of St. Vincent de Paul all over the work. it is the policy of the Hongkong Council 16 afford to Chinese poor children every facility for requir

a useful knowledge of their

who own language. Thuse

ssfully completed a Bve yours course in Chinese are; according to

wither Their aptitude,

Langeht a trade

sent

Joseph's to St. College for an English education. The Society's verscular School-the Kai Lap School at

¥༢**

times to be stressfolly comhieled. Dering the nine month January to September 1952. The Soulety school a subsidy of this

"

in tongkonst, and it would there- priate to charre a commission on Fore em fo follow that on the in the issue of notes against

granted to Production ih new stem the sterling payment to

We recommend that the rate was introduced abroad, work fair-$160.00. During the same period

574.50 was paid in school tea banks, whe

pe this commission should be tren to well at fire. For

ar girls attending the Tak Ying formally responsable tre

tron of the silver, should be made dart from time to time by the ently expect tips Though they will School for Girls, also at Wanchai, de a legal obligation la proside-

ided be the stalt at their fansert them--and the hole) visitor and $16.00 to St. Louis Industrial who are there made easier and perhaps in taught various trades. 1. may lat, however, that for case de a culs, we imagine the world will begin to think that he has School for boys

storage or for some other rea hold open their offer of notes

so long as

From January to September 1931 cheaper for him. They un the Board will in fuel holderling only

But soon he will find that the ten the expenditure on poor children Burt of their silver Stocks in desired to ferease their sterling Shanghai or Londen, and if this is boidings; they would, therefore,per cent, has merely been an ad-in kangish schools was $2.268.00. the first pine expenditure for at we recommend that the Roard dasht fix the commission as aditional charge on his hill, with non increase of $154,55 over the should ያያ

head So we had far better submit to months of 1939. Umler the a concession be prepared how rate, say -2 per cent, s as relation to "service" whatever.

Society spent to deliver bar silver in those places | engourage the public to take

months January nie in exchange for notes tendered in advantage of this alternative to the age-old custom and distribute of Education the Hongkong on payment by the ton-tendering silver bullion, and they our own gratuition among those during the

if the Bourd so deride, of wight even find it advantarenna te who have served as, and maintain to September, 1981, $494.30 for azed commission based me the charre no commission at all the friendly personal relationship looks and stationery, and 39:3.09 on tram, bis aml ferry for poor between servant and guest. total cost of transfer

A tip, after all, is only a present children living at a distance from offered in return for services ren-school. The total expenditure, on dered, and it should give pleasure Education in 1930 was $3015.01, both to giver and receiver.

an increase of $1,297.44 CLIFFORD HOSKEN,

General.

the Board.

1+:

zuch transnelions.

including

Mavements of Funds, freight, insurance, etc.), af silver from Hongkong to the centre

Another appendix to the Report selected, or possibly without plurge shows the main directions in which if the transaction is convenient looney moves through Hongkong.

The remittance business involves an inward movement of gold Legal Obligations.

balances and (so far as the remit- Similar considerations arise re- Lances do not remain in Hongkong) of Hong- garding the points at which the outward movement. Board should wecept bars livers against the issue of notes. The general import busincan in- We cuns that the should be valves a release of gold balances

lopni obligation to under

necept and an inward inovenient of long- such bars at the standard rate of kong money, commission in Hongkong only, and The import business to South that if they accept them elsewhere. China from North Chine also in- It should be orly on the payment of voives an inward

to the

an extra commission equal

for de- kong money.

EXCHANGE RATES.

Paris...

Geneva.. Berlin. Oslo. Helsingfors. Athens.. movement of Buenos Aires Hongkong money and a relense of Shanghai.. Estimated cost transport told balances (to purchase tacla). New York.. Hongkong.

The inanclng of primary produc- Amsterdam.. however the Board. desire to accumulate stocks of on and small trades and Indus Stockholm. allver at places other thari Jung- tries in South China involves an Vicana koug they may be prejured to initial outward movement of Hong- Madrid. walve the extra commission and we kong money followed by a gendan Bucharest Pee no objection to the course.

compensatory return movement at Hangkong Drussels.. later date. a

Milan

. Minimum Transaction Permitted.

Owing to the heavy calls on the Society's funds and the consequent unfavourable financial position in which the Society was placed, it was found Yesterday, To: Monday

necessary last April to form 96%a special Finance Committee con- 19.7/16 Council and the

the President of the 16.16/16 Central

of

|

|

7:00 pm. Māji^notice, etc. 7.04-7.31 p.m. Band Selections. Barcurallo (Tschnikowski). Valse Creole (Tschaikowaš:1), Regimental Band of H. M. Grenadier Guards. RER. Petticoat Lane (Arr. Parry1, Russian Fantasy (Arr. Lange mud ~

Somers).

$830, Debroy Somer's Xand. Old Folks at Home and in Foreign

Lands (C. J. Roberts). Regimental Band of 11. M. Grenadier Guards. DX210. Vocul Gems from 7.31-7.58 p.m. Light Opera. Line Time. (Ross, and Schubert arr.

Clutsam).

Columbia Light Opera Co. 9680. A Country Girl (Rubéns Ross andt

Monckton).

Columbia Light Opera Co. DX73. The Chocolate Soldier (S. Strange The Columbia Light Opera Co. DX284.

and Oscar Straus).

8.00 p.m. report.

8.03-8.30

Local time and weather

1626-9427.

Mon Lae (G. M. Witkowaki) played by Robert Caandenus (Pianist) and Orchestra Symphonique of Paris con- ducted by the Composer.

8.30-8.8 p.m. Musical Comedy and Talkie Tunes. Lucky Giri Selections.

Jack Payne und Hia B. B. C. Dance Orchestra, 9591. The Singing Fool Selections.

Debroy Somer's Band. 0751. Show of Shows Selections. The Regal Cinema Orchestra. DX18. On With The Show 1929 Selections,

Debroy Somer's Band. 9756. 8.58.10.2 p.m. Variety. Vɛeni Dnet-Rio Rita-If You're In

Love You'll Wattz. Vocal Duet-Rio Rita-Rio Rita.

Edith Day and Geoffrey Gwyther. DX58. 1merous Monologue-The Fisherman. Billy Bennet. 9071. Miniature Musical Comedies-The

Gipsy Girl. Mark Dally, Raymond Newell, Emmie Joyce, Billy Leonard, Norman Willums and Chorus, 9691. Song-Singing A Song To The Starr. Song-Sing A Happy Little Thing.

Ukulele Ike. DB2KA, thorus-Pear Ned and Other

Limericka, Chorus-Bonnie Wee Thing.

Harold Williams and The B. B, C. Male ChoruR. BB399. Duot-(a) Piano Impressions (b), The

British Pantomime. Duct-Mira. Peer Gynt.

Mr. Plotsain and Mr. Jetsam. DB358. Comedy Sketch-The Fourth Form At

St. Michaela.

Will Hay and His Scholarn. 9689. Song Jogging Along Rehind The Old

Grey Mare,

Song-A Little Bungalow,. Bobby Grey and Whispering Cherus. G9113. Accordion Trio-Hilda (A Romance).

The Devegdt Brothers. DARGJ 10.62-10.20 p.m. Octets. Everybody's Melodies (Art. J. H.

Squire).

J.B. Squire Celeste Octet. 9748, Chant Sans Parole (Tschnikowski

Arr. Sear), Invitation To The Valse (Weber

Arr. Scar).

J. 1. Squire Celeste Octet. 9668. 16.20 p.m.

Rugby mid-day press news and Board of Trade Londen

Letters..

10.30 p.. Close down.

All the Records in the above Euro- peun programmes are kindly_supplied by Messrs. Anderson Music Company.

I

OBITUARY.

AUTHORITY ON TARIFF QUESTIONS.

London, Nov. 17. The death occurred suddenly, last night. of Professor W. A. 5.

Hewins, the well-known economist

who was for several years a Con- and authority on tariff questions, servative member of the House of Commous. British Wireless,

of the Society's work during the past year the Council feels that it can again appeal with confidence to the generosity of the Hongkong Public-hoth on the occasion of the Street Sale of Roses on Wednesday, December, 2, and at the Al Fresco Pete which will ho held on Sunday the December 6,

The Society depends almost entirely on the success of these two

18% of the three district Press. pubic appeals for the maintainance

193 This Committee meets once in each

310 month, and carefully scrutinizes

.00% .19% 15%

.18.1/16

.103 .020 ..3844

38

1/10%

1/9

.3.77%

..9.13/32

every item of the Society expendi ture. Unfortunately, 4.78% at the Society's funds has

the low state

.18.1/16

.28

43.11/16 630

.1/5%

1371/ .734 The financing of the export Copenhagen.

.18% .127% We recommend that the smallest business of South Chinn involves Prague inward movement of gold Lisbon.

.100% amount of notes redeemable in hariah

.9.31/82 silver should be the equivalent of balances and an outward movement Rio

Bombay

.1/03/ Yokohama. about 1,000 oz. of fine silver. It of Hongkong money.

2/7 each would be necessary for

Montevido

28 .4.2014 before issue to be stamped with

Montreal in Hongkong

Silver (spot)...19.7/10

(forward) 19.3/8

-British Wirclenn,

bar

Speculation. There is still one more class of Its exact value dollara and centa and, since it transaction involving the move would be very unusual for a bar ment of funds to be considered. to contain an amount of fine silver

(Continued-on:Page-0:)

9.7/16

18 necessary to refuse "dered

it

20 lo many deserving cases th

128

ariel

and extension of its work among the Poor of this Colony.

September the Central : G35 Council was most reluctantly com pelled to bring inte force a general 1/34

27% reduction in all grants to poor under 11 Is earnestly 78% the Society's eure. 184 hoped that the response of the ever public of Hongkong to generous 1% this year's appeals-"Our Poor Day" 3.15/10

on December 2, and the Bazaar on 1/6 December 6, will relieve the Society 2/7% from the painful necessity of refun

28 ing assistance to really needy and 18% deserving cases during the coming the year.

In presenting this brief record 'A

4.42.

Coming shortly to the CENTRAL

The greatest picture ever made! ANN HARDING

in

"HOLIDAY"

Watch out for the date. RKO-PATIJE SUPER SPECIAL.

Evening Dress Waistcoats.

We have received a nico assortment of White Pique and Marcella Dress Waistcoats in single and double breasted styles, conforming with the present fashion. All sizes with and without a back.

Dress Shirts, Collars, Ties.

Wm. POWELL, Ltd.

Specialists in Gentlemen's Wear. 10, Ice House Street

NOT A SALE!

But-

Prices 1/8 Down BECAUSE The Dollar

Is up one third!

See Price List

IN TO-MORROW'S "POST" & “TELEGRAPH”

HARIRAM

SAVES YOU MONEY

51. Nathan Road, Kowloon.

A satin-smooth skin

perfumed with violets

you

the smooth- If would

preserve ness, the softness of skin that denotes true youthfulness, choose a toilet soap which has been refined again and again in order to make it safe for lovely com. plexions. Peerless Erasmic Soap is made with this supreme care. It contains too, certain expensive oils which are wonderfully soothe ing and helpful.

Its perfume has been stolen from the violets themselves-fragrant, There is no illusive and haunting. other soap quite like Peerless Erasmic. Use it always for bath

and general toilet use.

In single tablets or hoxes of thirte

PEERLESS

ERASMIC

IP 129-106,

SOAP

THE ERASMIC COMPANY LIMITED, LONDON, ENGLAND

BRITISH MACHINERY. ROADS & TRANSPORT SHOW HELD IN LONDON.

Public Works, Road and Transport

Exhibition, at Islington, London.

Apparatus used for construct- and lighting ing, maintaining highways, and controlling traffic, Over a million tons of British-form a prominent feature of the made machinery are on view at the show.British Wireless,

London, Nov. 17.