1932-05-24 — Page 6

WATSON'S

LAVENDAR & WILD ROSE TALCUM POWDERS

In Magnum Tins.

MADE FROM PURE

ITALIAN TALC

Associated with English Lavender

of exquisite fragrance. $1.60 Per Tin.

A. S. WATSON & CO., LTD.

HONG KONG.

REX

REX PORTABLE

GRAMOPHONES

BRITISH THROUGHOUT

SPLENDID TONE

PERFECT WORKMANSHIP

From $50.00.

S. MOUTRIE & CO., LTD.

Chater Road.

LANE, CRAWFORD, LTD.

A NAME WHICH

GROWS IN

: PRESTIGE WITH

THE PASSING

YEARS.

1850

SEE OUR SPECIAL WINDOW DISPLAYS OF EMPIRE

PRODUCE.

1932

LANE, CRAWFORD, LTD. Exchange Building,

THE HONGKONG

TELEGRAPE.

оп

CHEVROLET

THE PHAETON Certain to prove one of tho fincat looking phaeton models

the

Ful Ave cord. passenger capacity. Now features include: Cowl venti- Inter, Chrome plated handles new hood porta On Kart Weather-proof side curtains. Two deep. wide side pockets.

Price Completo with Bumpers,

Spare Tire & Tube

HK$2,850. VEHICLES MAY BE INSPECTED AT OUR STUBES ROAD GARAGE THE HONGKONG HOTEL GARAGE.

The Hourbong Shanghai Hotels, Lia Incorporated in Jiongkong.

Happy Valler Stubbs und

BLAKE-At

DEATH.

Ditebling.

Gertrude alnry Blake. May, after ng lness.

The

5172

Sussex, 11

Hongkong Telegraph.

TUESDAY, MAY 24, 1932.

EMPIRE DAY.

TUESDAY, MAY 24, 1932.

DAY BY DAY

(

special effort along these lines Is fitting and appropriate. Here, in these ideas, will be found sufficient justification for Hongkong's déter-" mination to have a share in thisTVENE STAR

PERHAPS NOTHING WILL SO MUCH : great movement.

HASTEN THE TIME WHEN BODY AND! MIND WILL BOTH HE ADEQUATELY CARED FOR, AS A DIFFUSION OF THE BELIEF THAT THE FRESERVATION OF HEALTH 18 A DUTY, Herbert Spen-

J

comes

no1

cr

EMPIRE & WORLD FINANCE

A TORCH IN THE

GLOOM

By C. PATRICK THOMPSON

of

RECENTLY Mr. Neville Cham-sufferer from tomicatiountian.

'berlain Introduced a Bud-Be Mr. D. A. Parrott, manager, Mekura. | Sime, Darby and Co., Ltd., Ipoh, is inget which marked the rehabilita-with its system of high tariffs, fongkong for a brief holiday.

11.30 ..

is not serious.

WUCHOW FIRE SCARE

PROMPT WORK SAVES SITUATION

in

The real value of the Empire Products Fair, however, does not of Ile in the isolated observance Empire Day. It possesses a deeper significance than that, namely, a reminder to the buying public that here in this far-distant outpost

Llon of British credit and the re-gold hoarding. declining world there are British goods always

storation of the national finances trade, und falling prices.

Her producers and traders were available. The concrete lustra-

The annual ordinary general meet-From it will date the end of free

a tariff-ridden hard hit by the return to gold t tion of that fact which the Fair

trade follies ing of the Peak Tramways Co. Ltd., provides may be expected to im-

in advertised to be held at the Hong press on British people the full kong Hotel, on Saturday, June 4 nt world and the beginning of the the old ratio in a period of fall- era of scientific protection in the ing gold prices. It put them at a xrent Island market, with closer disadvantage in world markets. possibilities of aiding their own

and high kith and kin and at the same time

A young Chinese was yesterday economic co-operation among the Industry, besides, was staggering cultivate the habit of keeping the

sent to the Government Civil Hospital component parts of the Empire. under labour troubies year'a Empire in mind from one

in an unconscious condition suffering But perhaps the most remarkable taxes. All the wealth-producing from injuries received when he jump- thing about this historic Budget elements were working against end to the other, In the past, very

ed from a moving trancar is Des is that it did not open with the brakes applied in all directions Hittle has been done in Hongkong Varux Rond Central.

deficit of £160,000,000 forecast by and all angles. So England slow- the May Economy Committee lastly fell back until, with the stream Invisible exports reduced to bring to publie notice the vast

} be On Thursday next, at 5.30 p.m., summer. On the contrary there from

from £160,000,000 to a trickle, in- resources of the Empire. ginning is now being made. From 11.E. Major-General Sandilands, C.B. is a small surplus,

C.M.G., D.S.O., is laying the founda

Government acts alone are not ternational trade freezing up, and It the foreigner dumping his surplus the Products Fair idea there may tion atone of the lacni Girl Galle

(nt. Garden Rond, responsible for this mirnele. yet emerge a yearly display on an Headquarters

when all is due to a new national unity and in her unprotected home market. unex-she lost her credit position and even a opposite the Cathedral),

will be even larger scale, if not

of the movement

a politien revolution of ampled rapidity and effectiveness. had to record an adverse trade permanent exhibition where deal-friends

Luck has played no parl. Probalance of £400,000,000.

With revenues thus diminished ers may be brought into direct warmly welcomed. contact with those who seek to ex-

In an attempt to commit suicide, perity has not been a factor. The man named Chun Hi, aged 40, jumpe island people, by an heroic effort she should have cut her national tend British trade in this part of

into the harbour off Gloucester Road, and an exhibition of political wik- expenditure. Predatory politics On the contrary, the world. If this dream

gear the new Pelicu Station yesterday.

rising. I true. Empire Day, 1932, will debut was rezened by an unknown boat dom at which the world still won-prevented that.

nan who was in the neighbourhood at ders, has got out of one of the expenditure went on

Philip Snowden, serve to be remembered as mark-

revenue. erged triumphantly from one of er ing the start of a new era in this the time. The man was later taken tightest corners it was ever in, em-got to the point where I exceed- the toughest struggles upon which Chancellor of the Exchequer in Colony, the headquarters of Bri-to the Government Civil Hospital. tish trade and commerce in the

Mr. J. D. Parkinson, of the Chinnt has ever embarked. And all this the Labour-Socialist Government, 2 with a deficit of £23,000,000, not Light and Power Co., has reported to has happened in just eight shart opened the financial year of 1931- borrowed Far East.

deiving his months.

£36,000,000 the palier that whilst motor enr in Matnuwei Rond, yester-

To obtain a correct view of the counting

for the Unemployment Insurance Russia and Inpan.

day afternoun, be knocked down present situation it is necessary bay, 1p Chi-keung, who ran across the

was taken to the to recall the chief events in Bri Fund With £37,000,000 of new While the appointment of Baron road. The lad

which and gathered the windfalls--£10,- and to review the crisis Saito as Japan's new Prime Minis- Kowloon Hospital, but his condtion tain over the last fifteen years money to find he shook the trees

the

came to a head in the summer of 1000,000 from anticipated income- inx revenue, £20,000,000 from the ter has aliayed many fears,

last year. position of the military elique in

England went into the War with dollar exchange reserve fund, £7, the new regime has yet to be de-

In publie debt of £600,000,000. She| 000,000 from a 2d, on hydrocarbon fined. 1 is not likely that they

emerged (thanks largely to her alla.

These methods of political will surrender their bid for dumi-

polies of borrowing on her credit and re-loaning to her War allies) cowardicy and opportunism should the nation so easily and the prołabili- ties are that the issue has still to

000. the world's largest. This opponents of the Socialists were he fought. All Japan's friends

with a public debt of £7,000,000,- have been denounced. But colossal debt was shouldered by in a quandary. Their own man, will wish success to the civil ele-

a population of under 50,000,000, Winston Churchill-Casurian in- Wew, May 22. ment, however grievous may have

What threatened to be a severe who became still are-the most dividualist, magnificent in Rome earth. roles, but ill-suited, I think, at the people ou heavily taxed The Empire Products Fair, open-been s faults. When military ed yesterday and being continued leaders are in control of policy, conflagation vurred here at about The American public debt is only Treasury had set the example Delock Saturday morning, when £3,200,000. Nevertheless, in 1923 which Snowden followed. He also today, is the culmination of much they will take hazards which a

ablas started in a small house Britain funded her War debt to had shaken the trees and gather- hard work and careful thought. sivil administration would

situnted on one of the smaller America at £900,000,000, and two ed the windfalls, evading the stern tface years later abe put the pound back necessity for cutting expenditure For the first time in its history, venture to take. This is the ense

larger business thoroughfares.

on gold at the old par value of and raising further tax revenue, putting off the inevitable day of Hongkong is marking Empire Day with the Japanese military, who, streets which intersect with

The Fire Brigade promptly re4.8615.

However, Snowden of the after having invited the imbroglio by a striking exhibition:

The return of gold was made reckoning.

trading did go one better than the pro- jodure of various parts of the at Shanghai, seem to have courted ponded to the alarm, and before

various digal Churchill. He appointed un Empire, including foodstuffs from trouble on the Manchuria frontier, he had the Dumes under control. haphazard. No proper ur own New Territories. In this | Never before has, there been such The fire was confined to two build-equilibrium between the

Britain the whole field of Government ex- way, the attention of the public a concentration of Soviet troops inings, one of which was completely countries was established. Some; economy Committee to investigate

some As far as guld be was oue).

had devalued penditure and make recommenda- anybody varied Siberia as there is now and there destroyed, and the other partially countries had deflated

ruined. is being attracted to the

is every reason for it. For some

certained there were no casualties, their currencies and so relieved tions. Neither he nor and almost limitless resonrees of the British Communwealth of Natime the Japanese military have and the property loss was less than the Government of much financial else at that time suspected that

a thousand dollars.

strain (France and Italy were two this apparently tions and of the smaller overseas been threatening the maritime pro-

Fortunately heavy rain was possessions. What is more, by the viners of Siberin and if the Japan

political agreement between the explosive ese dare to overran Manchuria, falling at the time of the fire, which those). There was no general mittee would turn out to be high Royal Commission on Unem- opening of the Fair yesterday, am

was provided why should they not dare to cross greatly aided the firemen in fighl-chief nations on the major world

flames. chiefs, ple opportunity

the frontier: that is the reasoning in the fan Tabsence of problems. The bank coffe, and A ployed Insurance made its housewives of the Colony to ar-

on the de-interim report, recommending cer range for Hongkong's participation in Moscow to account for the mass locality where the fire took place is influenced, gambled in the "Empire ments on Empireing of troops. Japan's entry into greatly congested and the street is eline of post-War nationalism in tain reforms in the finance of the a degree sufficient to permit the bankrupt fund. The Labour Gov- Day" movement. Although Em-Manchuria furnished in itself a

The Fire Department devoted smooth working of the interna-ernment pigeon-holed the report. The sun shone, life went pire Day is being observed in other challenge to Moscow. To all in-

of water only work properly in a world cess. plenishing the supply ways as well, the Fair representstents and purposes this territory part of Saturday afternoon to re-tional gold standard, which can Parliament adjourned for the re- is a Russian sphere of influence.tored in the cisterns which were where individual States suboren, people made the most of the the main effort, and in this con-

below could it be otherwise when emptied in the course of the fire dinate national policy to the gen-brief English summer. nexion a warm tribute must

Chinese Eastern Railway, fighting on Saturday morning. eral world tide. The failure of the May Economy Committee pub- paid to the Hon. Mr. J. P. Braga. the the Chairman of the Fair Sul-Com-cuts the area in two, is partly The city has installed a number of that gamble is now history. mittee, who has so wholeheartedly operated by the Soviet Govern-large, deep cisterns which are used

B trade, her fancial contacts mica totalling only £96,000,000, means. of gasoline thrown himself into the task of ment! In Japan's actions there to great advantage during fire out-DRITAIN,

her depen- £66,000,000 of that being loppel organising the event. Only those in has been

no recognition of the breaks. By

pump and long stretches of hose, all over the planet, After

the water is drawn from the Westdence on luvisible exports (profits off the dole.

The country was startled, but elose touch with the movement can Soviet's peculiar interests.

hornet half so atartled us the watch- realise the tremendous amount of hesitating for several weeks, the River and earried to the cisterns, from shipping and international :

are situated in several banking, and divider is

in Now detailed work which this has in Japanese finally decided to extend which

Man- stragetic locations.-Our Own Cor- £4,000,000,000 of overseas invest-ing bankers and syndicates of in-

ments) was inevitably the chief ternilonal speculators volved. Happily, Mr. Braga's ef- their operations to north

York, Paris, Brussels, and other The strategie financial centres. forts have been enthusiastically cheria, and have ever since flout-respondent. secondled by a band of willing fed the shadow of Russian authority

onlookers saw the position more clearly than the island folk who Things helpers, all imbued with the one

in that region. So far, in spite of

had it under their noses. idea of making the Fair a great such serious provocation. Moscow's

were going from bad to worse. behaviour has been eminently cor-

International trade was gradually The "Bay British" campaign. of reet. When most observers ex-

freezing up; no sign of a thaw. feel the pinch which this year's Empire Day 'efpected an invasion for the protec

England would

The with increasing severity. fort in Hongkong. is an offshoot, tien of the Soviet's property, the

army of jubless would rise, might has yielded great results in the U. s. S. R. remained aloof, and an-

reach 4,000,000. The cost of re- Mother Country and in the vari-nounced that it would simply de-

lieving unemployment, put by the ous Dominions. It is not, as some rend its territory. World peace

official memorandum at a total might suggest, aimed at belittling will have been attained when such

cost during 1932-33 of £113,000,- Relief apart), the trade of other countries. That a proposition shall become the

000 (Poor Law

had corner stone for world polley. Most

would soar. The taxpayers is a superficial way of louking at

to find £114,000,000 of that £143,- the iden. Anyone with the least governments would have respond-

000,000. Could they do it? The idea of eronomies must realise thated to the challenge of the Japanese

Government was already overtly. on Manchuria soil. But trade between various nations is ruilitary

borrowing £1,000,000 a week to meet

current expenditure. essential. The British altitude by refraining, Moscow; has created

How long could it keep that wort has just been succinctly stated by world sympathy for the Soviet case

which Toky Japan 11... the Prince of Wales in vis-a-vis

of thing up? these words:-"We are quite ready should not forget. Perhaps this to buy from other nations what renilsation has already been noted they can most economically pro- and acted upon. At any rate, it duce. If they, on their part, will do does not appear that the Japanese the same, but we have got to go out military, wish any longer to invite trouble. The chief danger of an and sell them what they want." At the same time, it is only human outbreak lies in the activities of nature that there should spring up agents provocateurs. North Man- within the British family of nacharia teems with them. It is a tions a desire to foster the trade tom tiddler's ground for White and industry of the Empire as a Russians, who would like nothing than a Russo-Japanese whole, based on the principle that better where British products are avall-clash, the upshot of which would able, they should be given the 'pre-probably enable them to regain # ference. There can be no reason-lost foothold in Siboria. Then able criticism of that attitude. To there are such dubious agents B this may be added the thought the kaloidoscopie Gen. Ma Chan- that, at any rate on the one day ghan, who wears a Joseph's coat of of the year which we give over to allogianco, which in rapid turn has the contemplation of the Empire been pro-Chinese, pro-Japanese, and all that it stands for, some pro-Manchukuo and pro-Russian.

success,

narrow.

"Not good enough for you, eh?"

innocuous com-

And then

calculated

lished its report. It the deflelt for 1932-33 with her world 000,000 and recommended

its

at £150,-

econe-

22

The outside world, detachedly examining the figures, concluded that Britain was sliding with in- creasing momentum towards

and financial great economic Amash. Further, it looked as if the moral fibre of the British peo- ple had become gravely Impaired

by their prolonged economic plight, and that the national at- counts were dishonest in much the same way that the Kreuger ne- counts have been found to bo dis- honest; they misrepresented the real position and solvency of the concern. Everywhere abroad ap- peared streaming headliness an- nouncing Britain's approaching bankruptcy. It was a great time for the "rata," the international bear syndicates who wore sub- sequently to make colossal profita (Continued on Page 7.)