1932-03-31 — Page 6

THE BEST

PRECAUTION

AGAINST

INFECTION

CLYCERINE OF THYMOL

AS A

Mouth Wash,

Gargle

or Nasal Spray ・・

Per Bot. $1.00 & $2.50

SOOTHING, CLEANSING, DEODORIZING.

A. S. WATSON & CO., LTD

NOW ON SALE

The New

VICTOR RECORDS

for

MARCH

S. Moutrie & Co., Ltd.

Chater Road.

BILLIARD

ACCESSORIES

INCLUDING

CUES, BALLS,

CHALK, WAFERS

CUE TIPS, ETC.

And Other Requirements

Held in Stock. LAMP SHADES

$3.50

Non-glaring & restive

CUES

IN EBONY, ROSEWOOD, HARDWOOD

FROM

& ASH

UPWARDS.

6.00

"BONZOLINE.”

THE PREMIER BILLIARD BALL.

$45.00 Set of 3 Balls.

FOR EVERY BILLIARD REQUISITE

COME TO

LANE, CRAWFORD, LTD.

SPORTS DEPT. -THE-PREMIER-SPORTS-STORE-

THE HONGKONG TELEGRAPH.

PROFITS

IN

HAULING

if you select

CHEVROLET

Model "NC" Truck

for o

2 TON LOAD

EQUIPPED WITH POWERFUL SIX CYLINDER ENGINE

HORSEPOWER RATING

26.33 RA.C. or S.A.C.

BRAKE-HORSEPOWER 60 at 3,000 R.P.M.

WHEEL-BASE 107 INCHES TIRES 2-30 x 5 FRONT 2-23 x 6. REAR.

PRICE $2980.

THE HONGKONG HOTEL GARAGE.

E

The Hongkong & Shanghai Hotels, Ltd. Incorporated in Hongkong. Robb Boad

The

Hongkong Telegraph.

THURSDAY, MARCH 31, 1932,

THE FUNCTION OF MONEY.

obviated many of the wara, atrifes and disagreements which have em bittered men, and would have say. ed mankind untold suffering, Looking over the events of the post decade, we find that there was a time when people were money-craz ed, a development which has been followed by fears of lack of money.

·THURSDAY, MARCH 31, 1932.

one to his neighbour is true. This,' howover, merely discriminatça be- tween useful and non-useful cm- ployment of money. It is its daty to be uniformly active in produc- tion and exchange. Production is always the expression of human activity,

DAY BY DAY

JAPAN AND THE LEAGUE.

By VISCOUNT CÉCIL. Tand Japan bus hung like a

HE conflict between Chinaj

FOR HOME MEN THE WORD "LIDERTY" MAY MEAN FOR EACH MAN TO DO AS HE PLEABES WITH HIMSELF AND TH PRODUCT OF LABOUR; WHILE WITH OTHERS THE SOME SAME WORD MAY MEAN FOR MEN TO DO AS THEY PLEASE WITH pall over the World Disarmament

Conference at Geneva. OTHER MEN, AND THE PRODUCT OF! OTHER MEN'S LABOUR-Abrakam Lincoln.

by the Chinese, the landing nevertheless of Japanese Marinca, using the International Settle ment as their base, the Chinese resistance, the Japanese bow- bardment....}

War

1s

Money being both the measurer of the service and the medium of compensation, whether for banker, manufacturer, merchant, or .cm- ployee, any cessation in the flow of

More is at stake than the as- cendunce of one Orientul Power money for goods or service retards

over another. No intelligent From that moment onward production and brings what is

observer can fail to see that the raged in all but name... Thou- termed "hard times". To prevent

The Right Rev. Bishop Valtorta whole system of preserving peace) annds of civilians have been killed' such a condition money must be

yesterday celebrated the silver jubilee hy collective treaties Is. In by norial bombardment and, more dethroned from its seeming king-of his ordination to the priesthood.

Jeopardy, or that the fate of the recently, by the tide of artillery ship. Men should refuse to wor

Dlanemament Conference and per- and infantry fighting which ship it. They need to change their

The Sando Weight-Lighting Club is haps of the League of Nations it- wept over them. attitude toward it. They should being reopened at 19, Queen's Rood self depends upon the ability or put money in Its proper place. Let Central. There are vacancies for a inability of the international com- them refuse to measure themselves limited number of European members. munity to stop the bloodshed and

restore order in the East. or others by the quantity possessed, Let them readjust their view of and their fellow men. Service, service alone, is the true standard. By keeping money constantly at work, prosperity--with Just and adequate compensation

for every Hervice is attained. It can I maintained in no other way.

SVOA

On Jan. 29 China appealed to the League under Articles 10 and 15 of the Covenant. On Feb. 2 the British Government, in concert with the Americans put forward The corpse of a boatwoman, who Democracy on Trial.

a peace proposal of five points: was drowned in the habour a week!

This fact is evident alike to the they were accepted by the Chinese. ago, through falling off a cargo boat friends and the foes of disarma but, essential points were rejected

recovered by a police launch

ment, the former holding that by the Japanese. On Feb. 17 the yesterday.

this hideous display of mechanized League Council membera other Wes Ka-cheung, A 16-year-old murder is cogent evidences of the than the parties to the dispute student, was injured yesterday when need for the universal reduction addressed an urgent appeal to the of armaments, Japanese Government. On the ye he fell from the top of a retaining and restrictions

wall into a lane. He was taken to the the latter that the facts of Shang- 19th the Council held what was pro- Government Civil Hospital.

hai have already proved the bably, the most dramatic and the futility of the aspirations of most tragic session in its whole history: it was an eleventh hour On Not Understanding Einstein. The annual dinner of the Law and Geneva.

Commerce Society of the Hongkong! That kind of proof can only con- attempt to stop the launching of Time was when the universe was University, is to be held at Lane, vince the type of mind that wants the great Japanese offensive: and

be 80 a simple thing. The geometry of Crawford's Restaurant, on Saturday, to

convinced. And tho it failed. Euclid

satisfactory 9th April, 1992, at 8.30 p.m.

It seems difficult to dispute that, provided

manipulation of news from the East by the daily papers that are on these facts, Japan has in sub- dimensions. Space was just a

already committed to a policy of stance resorted to war in breach room with the walls left out. The

wrecking the League, is one of of her undertakings under Articles atomic theory of Lord Rutherford

those scandals of western demo-12 and 15 of the Covmant of the was no more complicated than a

Cracy which makes one-feel that League of Nations. The insides of the atom circle.

half deserves it more than revalved ke planets around the

ruin which da predicted for it.

But to those and I believe sun-only upon a somewhat smaller

With a record of three previous scale. It was all very delightful, convictions for larceny and five for them to be the majority of think and one could draw pictures of it. returning from banishment, a Chinese Ing people in Europe and America

who appeared before Mr. Schofield at who refuse to be defeatist, But no longer. He who deals with the Central Police Court this morning believe profoundly in the need of economic and otherwise-of each atoms deals with quanta and inde-was sentenced to one year's hard building peace upon the founda- aide against the other; the second terminacy. He who dares the vast-port order, dated 1924,

on a charge of disobeying the tions of justice, and who are pre- is the question of which side re- ness of the universe must encoun-requiring ble absence from the Colony if need be, to safeguard the pro-

and pared for a hard and long struggle, sorted to war.

On tho former question ter space-time continua, vectors, for a period of ten years. co-ordinates and Riemannian metrics. The pictures have dia- appeared. This state of affairs makes it difficult to explain Dr. Albert Einstein. The famous Ger- man mathematical physicist evolved

The Red Thangle Concert Party will present "A Village Concert" on Tuesday, April 5, at 9 p.m., in the St John's Cathedral Hall. This concert is in aid of the Church Funds of St. Peter's.

UNUSUAL THEFT.

MORTUARY SHROUDS

STOLEN.

au-

the

It is very important, both in the interests of truth itself and of the settlement which we all hope for to keep two questions absolutely distinct. The first is the question who of the general grievances-—-—-

gress already made to that end neutrality is a duty: the matter is to those I would say that it is all intensely complex, and is subject. important to have as calm and to the investigation of the Lriton clear a grasp as possible of the Commission appointed by the actual origin of the hostilities at Lengus. Shanghut before the memory

On the latter question neutrality eventa becomes befogged is, I believe, now a moral imposaİ- these with special pleading.

bility.

War "In All But Name."

a fifth

of

Japan may, as I have hinted above, have had great provocation.

con-

of

re-

Probably at no time more so than at the present has money occupied so much attention in the sphere of human economy. Nations and

a new theory. It delves deeply into individuals alike are at great paina the explanations of the physical

Two sheets used by the to secure what is deemed enough structure of the universe. It re-thorities of the Tung Wah Eastern the first place, there was an ex- China she may have had the right The bare facts are enough. In In her original controversy with of it, but it may be said that inconciles mathematical anomalies Hospital mortuary for the covering ceedingly strained atmosphere. on her aide--though 1,can expresя some respects, especially where the which have obstructed efforts to of dead bodies figured in a theft During the past ten years the in- no opinion on that point. But individual is concerned, it holds a reduce gravitation and electromag-case brought before Mr. Schofield creasing boycott of Japanese trad-even if she were in the right, this wholly disproportionate pisce. St.

the governing netism to a single uniform equation. at the Central Police Court this ing by the Chinese-part spontane cannot, ulter Paul made a startling charge when It suggesta avenues through which charged with stealing the pieces of serious damage to Japan's economie her solemn Covenant she has Chinese was ous, part engineered-had caused sideration that, in definance morning when a he declared that the love of money basic problems in quantum cloth last night.

Interests; for it must be remem- sorted to war. is the root of all evil, but did he

mechanica may be approached. The defendant remarked that he bered that in recent times China Nor is this, as I understand, cxaggerate? The probability, in

Yet the concepts that it develops had picked them up, thinking they has absorbed about

of disputed by the Japanese repre- that a realisation of the truth un

cannot be graphically depicted up-had been discarded.

Japan's total export trade, qulle sentatives on the Council. M. Sato derlying this statement would have

on a blackboard. A cogent lesson Detective Sergeant Kennedy, apart from the important Japanese has put forward the contention volves from Dr. Einstein's con- prosecuting, said at about ten mills and other industries establish- that China has no Government and, therefore, the Covenant does not tribution. Ordinary folk may un- minutes past eight last night one ed in China.

of the Hospital employees Wa8

The Japanese occupation of Man- apply. That contention is untrue. derstand little of the significance hanging out clothing on the first churia, which was at one and the The Nanking Government is re- of the processes by which he has floor of the hospital when he saw same, time a consequence of the cognised by Japan and a Japanese succeeded in embracing, five-dimen- the defendant walk into the boycott and a cause of its intensi- Minister is accredited to it. China

which four-mortuary, a

directly fication, had exasperated feeling is a member of the League-and- Bional equations within dimensional continuum.

But they opposite. Witness followed the between the two nations. Feeling was elected to a seat on Its Council defendant into the mortuary on both sides being thus inflamed, by a unanimous vote of the A8- can readily appreciate Dr. Ein-

ulmost immediately and saw him the Shanghai "Incident" occurred. sembly in September, 1931- vote

Jan. 19 stein's current action in abandon sorting out the sheets which were on

.five Japanese which Japan took part. Japan. Yet real money has not changed; ing portions of his unified field used for covering bodies. They Buddhist monks were attacked and therefore, last September fully in both the one instance and the theory, announced in 1929 after a were piled up on the floor ready injured by a crowd of Chinese, acknowledged Chinese membership

she cannot other what should have been the

be taken away and washed One of the monks died of his In- of the League; long period of research. The Ger-to

gang Next day a

of reasonably expect the Powers servant of man became its master.

man mathematiclan was not at all following the removal of the juries.

boules. The defendant was Japanese fired a Chinese factory give credence to the contention The point which needs atressing embarrassed to admit that he had caught and subsequently handed in retaliation, and came into con- that China has no rights under the is that money is not an end; it is

flict with the Chinese police force. Covenant, been "striving in the wrong direcover to a constable.

If such excuses were to be ad- à means. In its proper place and tion." Nor did he hesitate to ac A fine of $20, with the alter- [Lord Cecil proceeds to recount rightly regarded, it is servant and

what followed-Admiral Shiosa mitted no treaty would be worth although with Important native of one month's hard labour, not master. Its function is ser

wa's demands, their acceptance the paper on which it is written. modifications, the concepts of Theo- was imposed,

Question of Condonation. vice. That is the reason for its

dore Kaluza which he once held to

Thoнo in my country or else- being. Properly considered, it is

be anomalistic. Thus he discloses

where who condone such conduct an truly the servant of men as the

under: an openness of thought which is

and such pretensions are air they breathe or the water they characteristic of the best in modern

mining the foundations on which drink. Primarily the function of

Five natural scientific research.

all international relations depend, each of them is that of a circulat-dimensions may seem to have small

and with these alt hopes of assured peace in futuro. ing medium. It is no more a fune-bearing upon workaday problems flon of money to control men than

of a three-dimensional world. But

cept,

it is of nir or water to do so. the humility of greatness, cherish- Money has no inherent power, It ing only those things that can be

seems to have it only as men so

SUGAR MARKET.

THE LATEST CABLED QUOTATIONS.

ሰሀ

proved, commends itself clothe it, bow down to it and wor- quailty readily wrought to the ser- ship It. Businesa cannot perform vice of everyone. its true function, that of service, until men dethrone money und cense either to worship or to fear it. Money's duty is to be a ctr- culating medium. Human cong- sciousness should confine it to that duty. It is both the yardstick by which service is measured and the Tho, following cable at the close medium through which the ex-of the Augar market yesterday has change of services is effected, beon received by Messrs. Pen-

treath and Co. Money, as such, never fed a hungry mouth, clothed a naked body, trans- ported an individual, or construct ed an article of commerce. These results are solely the product of service. Money never taught a student music or mathematics, his [tory or geography. In order to As aerve, money must circulate. mankind's needs know no boundary, Bo the human capacity to serve is limitless. To monaurs human ser vice and to effect an exchange of the resulting product, money must

Messrs. A. Goeke & Co. inform us circulate. To function fully, it

the Sociste Internationale de Place- must be kept constantly in action.ments, Basic, cable that the official To hoard it is to restrict its use quotation in Basle for one anb-unit of fulness. That wisdom and economy the International Investment, Deposit should govern the relation of each Certificates yeaterday was £2 15 6d.

London Terminals, March 1933 6/81⁄2 down 4d. May 1932 4/11 down 14d. August 1982 5/8 down d. December 1932 5/5 down d. Buyers at above, sellera asking

more.

New York Terminals, March 1993 -1.03 up 6 pts. May 1932 76 up 3 pte. July 1982 .82 up 4 pts. September 1932 .89 up 5 pts. December 1932 94 up 4 pis.

Was

So you want to take my secretary out to lunch, huh? Woll. I had that same idea myself, zon-hut, if you wait,

you can go along."

norey

to

What, then, should be done? First and foremost, all respectable nations must formally call upon the parties, and especially the Japanese, to cense fighting. Let 110 me repeat that in doing no

the merita judgment on

of the Sino-Japanese controversy is in- volved. That awaita decision later on. We are now only concerned with the single lesuchas there been a resort to war in breach of the Convenant? And on that issue

I see no room. for doubt,

If Japan rofuses, a formal con- demnation should follow. How should this condemnation be pressed?

ex-

There are several ways. It might be expressed in a solemn declaration by all the other mem- bers of the Council or Assembly. It might, as in the past, be effect ed by the withdrawal of the Heads of Diplomatic Missions, and as an extreme measure, by breaking off diplomatic relations. It is for responsible Governments to say what each of them thinks best, Possibilities of Economic Action. But Is such a collective morál repudiation of the Covenant- breaker enough? There in In Article 10 the obligation to sever all trade and financial relations. with such a State. That is again. for Governments to consider. In the light of what is practically possible. It may,: ; however, « be

(Continued on Page