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THE LATEST
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TELEGRAPH. FRIDAY, JUNE 10, 1932.
it
Studebaker Six has motor with GREATLY INCREASED DURA- BILITY as compared with earlier Studebaker models. These ancestors as good as they are--- some with over 150 thou- sand miles on their speed meters and still going strong could not
have stood up-Three Hundred and Fifty Hours with the Throttle wide open-- one of the severest tests known to engineering which failed to reveal mechanical weaknesses in the Latest Studebaker Six mutor.
AIKI remember Stude- baker arm? breaking in Rr break- when others ing up.
THE HONGKONG HOTEL GARAGE
The Rourkenst & Shanghai Hotels, Ltd. Incorporated In Hongkong. Stuttable to
Happy Valley
The
Hongkong Telegraph.
FRIDAY, JUNE 10, F32.
THE CITY HALL
The first step towards the solu- tion of the City Hall problem is foreshadowed by the first reading
yesterday of an Ordinance which will give the Government power to
building. This, we believe, in part] ọi of the scheme, as well as the open- ing up of a big new road. It is in- tended, we are given to understand, Lo incorporate the new City Hall in the Government office block. When this building is finally com- pleted, the last part of the scheme, | the ante of old Government House, will in all probability be put into effect.
DAY BY DAY
WITH PUBLIC BENTIMENT, NOTH- ING CAN FAIL; WITHOUT IT, NOTH-} ING CAN SUCCEED.--Abraham Lin-İ colu.
The Consulate General for Peru in Hongkong is seeking information concerning the whereabouts of Mr. Eduardo Ip Polo.
of
The
MANAGEMENT
OF THE WORLD
By SUSAN LAWRENCE Something has happened; it isjand India, anûl for the rest, draw- been ing a ring round herself and her something which has long
We Socialists have Colonies. "This line of develop- foretold. spoken of the break un ofment would mean loss lo every capitalism as pious men tall: of country
an organisation of The scheme, as a whole, has much
the Day of Judgment; and the the world Into groups and units The graduation function of to commend it, especially since it
the thing has come like a thief in the which would soon be dangerous will finance itself. The present Chun-Shing Typewriting School will and idle words; but
pupils of the ninth term the night. These may scom foolish and fatal to world peace. This this varys the line along which the world Government linuse has been found take place in Lane, Crawford's resthing with all its enormous inurant on Saturday at 4 p.m.
Im-s proceeding."
There is no mistake about the inadequate to present-day needs, in Hon. Mr. S. W. Tro will distribute plications is being sold by the
coolest hends of the defonders of facts. The MacMillan Committer addition to which its cost of main the prizes and certificates.
tell us that the "gap" between that system. We have seen 2101 tenance steadily increases with its
The Feast of St. Anthony will be important book called by the what the debtor countries can pay nge. Magazine Gap
celebrated on Sunday the 12th in author. "Recovery," but which and their obligations is approxi- ilent spot for the new gubernatorial lant, at the Church of St. Anthony might be more truly called "The mately an annual sum of 2,000,-
at West Point, 179 Third residener; it is necessible to motor There will be High Mans at a quote one or two sentences. "total burden of war
Swan Song of Capitalism." will 1000,000dol, a year; and that this debt and and in
the evening there wil trafle, and when the Magazine Gap Vespers at 6 pm. followed by Prodefects of the capitalist system 000.000dol. They speak to us in reparations is only about 400,- Road is converted into A
motor cession (weather permitting) Sermon, have been increasingly robbing it plain terms of the "impossibility"
and Benediction of the Hesred of its benefits. They are ROW thoroughfare, it should be within a
Sacrument. All are cordially in it threatening its very existence."of thone countries meeting their quarter of hour's ride of the city. ed.
"We have, Indeed, before us only fereuse in their exports or by loans obligations except by a great in-
Whether it is intended to do away
the alternative of On Monday, Mr. R. CH Lim, in leadership, collective control
collective to put them on their feet. And with Mountain Lodge.
Gov- the
structed by Mr. P. H. Sin, oude a chaos." The author, Sir A, Sal- this impassibility for them means application to the Court before theter, is indeed no Socialist; his love from Sir Arthur Saltor.
all the
"possibilities" quoted Chief Justlee Sir Joseph Kemp, object is the recovery of the old is easy to write a paper that
to confirm the special resolution passed |
Reems
11
ernor's Peak residence, we do not know, though there would seem to
15-
Press
following day,
SUGAR MARKET
be
It
dianp. it it is once hlmitted that the
peared from the scene: politiciaris Individual capitalist cannot be
and are writing their epitaphs trusted to manage his property will only discuss at Lausanne the ease for his privileges has whether they shall pat
be little need for this place after at the general meeting of the Tungar world, not the making of a new.rld trade will be reduced the new Government House is built.
its chany for the reduction or But, and this is the vital point.small dimensions; it is impos-
that he propuges is of 30,000 shares of $10 the remedy
sible to contemplate calmly what The Idea of providing a new Cityench ton capital of 30,000 shares of 30 less th:22 conscious world
that will mean to our nation of $2.56 eath. After short adjournmanagement, and the substitution Hall in the Government office block
ment for further consideration the of control ar anning for the producers and exportera. may or may not fud publie favour. Chief Justice made the order on the automatle working of contending ing poverty for the mass of the menne universal hopeless incren- Mich will depend on the nature of
private interests. He abandons, poople for a generation. Repara that is, the central fortress of the provision made. What is need.
tions are now a dond issue: they capitalism, the only argument for lean never he collected; they have ed is a group of really modern
its existence; for, most certainly done their mischief und rooms, including thettire and
func- sembly hall for big public tions. If there are provided, as is the case in many Municipal Build- ings in the Old Country, there will by no cause for complaint. But if the plans make the City Hall ameni-treath and Co. ties of secondary importance, in- adequate to the needs of the Colony. it would be far preferable to erect the new City, Ball elsewhere. Other- wise, the scheme will merely
mean
that the Government has deprived the community of its City Hall and utilised the proceeds from the sale of the site for purely governmental Purposes.
America's Politics,
his
The
THE LATEST CABLED QUOTATIONS,
The following cable at the elos of the sugar market yesterday has lægen received by Messrs. Pen-
London Terminals. August 19932 4 9 up Wyd. December 1932 5/1⁄4 no change, March 19:33 5 34 up 4. May 191 575 up ý. asking - more.
Buyers at above prices, sellers
New York Terminals. Spot 62 no change. July 1932 .66 up 3 pts. September 1932 73 up 4 pts. December 1932 80 up 4 pts. Afarch 1933 87 up 4 pts. May 1933 -
New York (9/6-22).
Last sale
of Philippine Centrifugals re- ported, June to August inclusive, 2.5% to 2.75 C.I.F. New York.
gone,
We
**Resur-
gam" or "RIP." on the tomb-
which has driven so cool and ex-|
What is the desperate necessity stone,
With regard to the cancellation perienced an administrator to
of war debts, within the limits of such desperate remedies?
What is it indeed that has hap that disarmament and cancella- (this article I will only say this, pened to the system under which tion are inextricably linked. For live? In the old days, the U.S.A. has to consider the innocent capitalist system fulfilled its own electors of the Middle West, and main purpose, that of the creation these simple folk are making the of wealth. has not forgotten simple but devastating comment how to produce; it can prodice that if they let Exrape off the more abundantly than ever. What last war, those people over there it enunot do now is precisely what will only get ready for a new war; it had no dificulty in doing befor, in plain terms, unless we enn fore the war; it has forgotten satisfy the genuine peace feeling how to exchange. The existing in America, we shall get no can- system is breaking down in a waycellation. So that the evils which we did not anticipate; and the next war about which we have in that is the secret of our per- so often spoken are no future plexity and the rout of our dendanger but are with us now.
But the new thing to be said
ger.
halange. numerous
IM hefore
now!
or conscious collective management.
of
resume possession of the property now lying idle. When resumption has been effected, part of the site will be sold and the remainder deve- loped to accord with a general
There is nothing essentially new scheme of town planning. It is not
is thie, Cancellation of war debts President Hoover's surrender on
in the kind of ielts the world and reparations, peace, free trade intended, however, to utise any the Prohibition issue is a frank.
is facing. The difference is in
are all good things. They would | part of the site for the purposes of admission, mat of the failure of
the scale. For what were, in pre have been enough to re-establish war days, isolated trouble, pain trade ten years ago.or five years a new City Hall, but the scheme the Great Experiment, but of the which the Government has in mind genuine alarm in Republican cir-rach nation's yearly imports from ful and disastrous, but not suf: ago. They are not enough now. ficient to disturb the generale shall be doing nothing efter- does envisage the provision of les that the America which broke Amserien. Both legislative camps
tive at all, unless we go on to the public
have now become amenities vi the kind President Wilson is all too will are somewhat dazed by the pre-progress or the general
this
things which we have given lip und so important as to cause a service to but never seriously dis hitherto available. Such an obliga-ing to pulverize President Boover.sentation from Labour |tion, of course, rests upon the Gov-The President's stock has lowered plan, which no one has yet had general catastrophe.
And three alternatives, broadly cussed-the control of credit an in steady ratio with price levels time to digest, coming as it ines
of foreign investments. on the very heels of the new Pre-speaking, are erament, inasmuch as the existing and business activity, and
For the central question is now the re-establishment of the flow buildings were erected by public spasmodic rallies have been far sidential "three point" relief pro- military operations, leaving things
Framme to give the Reconstruc-alone
of now capital; and that this func- subscription for the express pur from sufficient to ease the minds
tion Finance Corporation three pose of providing a City Hall. Now of the leaders of the G.O.P.
Military operations, when tried tion shall be publicly and not billion dollars to restart prosperits in the Ruhr-were, to any privately managed. There is no that the authorities are to resume
presidential election takes place in
chance at all of the individual A very brilliant
investor again performing his old possession of the property and will November, and the political situa. Of the President's vast sum. the least. not
Three hundred million would be financial success.
functions within measurable secure a handsome sum from the tion becomes increasingly pic loaned to States for immediate i As to leaving things alone, I sale of the land, they are in dutyuresque with the quarrels among relief, forty millions would assist think I will quote Sir A. Salter time. A system of loans, backed the Democrats, with consequent agricultural exports, and the bal again. For there is a passage in by the credit of the Governments of the lending countries; and bound to see that a new public civic and quite unnecessary
this experi- #nce pass Into self-liquidating onced administrator explains the devoted to reasonable and useful centre is provided.
their immense advantage. 31r.building projects. Simultaneous possibilities ahead of us. They objects is now the only alternative. We have already seen examples Houver's stirring call for ven- ly confronted by two such vast lure these-world trade curtailed
na on a small scale-such the baby Lindbergh
small dimensions, America
loan to Austria under the auspices murderers has caused him to rise Proposals, the statesmen in Wasto
hington are speechlessly
without exports or foreign invest enden-
ments cultivating isolation, Great of the League of Nations. But has been followed by an unexpechave entirely lost.
un operation are obvious enough. for a new City Hall. The schemeted declaration by the ends
could get from the
Who is to decide the terms? Do we wish to make of Eastern has been so arranged that it will seven railway unions urging new
to Europe one vast Egypt-and more than finance itself. It in- consideration of European war
with our repeat, in a struggle
the cludes the erection of a new Gov-debts along lines similar to those
comrades of Germany, all deplorable incidents of our Egyp- ernment House and a new block of recently suggested by Mr. Smith,
tian policy? Or do we wish that Government offices. The project is including a twenty-five year mora-
by common consent, and for the benefit ef all, the peace of the. world be established?
loss
of
"Recovery:" where
in which provision is to be made in the esteem of many, and thisvouring to regain the breath they Britain reduced to what trade she the enormous implications of such
OUR
As we understand the position, the Government has worked out a comprehensive scheme of works,
geance on the
BUOYANT
RUBBER
BATHING
TOYS
ARE IDEAL!
sca
They are made of good strong rubber strengthened for
usc in the
They arc casily
inflated and when
deflated pack into small space
Stocked in the following figures-
SWANS, DUCKS, COLDFISHES, HORSES, ETC., ETC. LARGE SIZE BATHING BALL $2.50.
WATER-POLO BALLS. From $16.00.
LANE, CRAWFORD, LTD.
SPORTS DEPARTMENT.
เก่
torium. This startling pronounce-
at present under the considerationment by Labour constitutes
the site
#11
answer to the President's oppust- tion to the Democratic plan. They- announce a 30,per cent, decline in employment and n 60 per cent, de. crease in wages, and virtually threaten to demand the adoption Gavera- of the dole, unless the
of the Secretary of State for the Colonies, whose approval is neces- shry before it can be embarked upon. The funds needed to finance it will come from the sale of the present City Hall property-an ex- tremely valuable site--and possibly ment act promptly. In discussing also from the eventual sale of the war debt enneellation. they de I present Government House. Theclare it would be about equivalent first step in the scheme, we believe, } to the present loss on the postal is the bulkling of a new Govern-service, and on this matter also ment House at Magazine Gap, on they demand immediate action if it can be found that cancellation of the old Military Sanatorium, which is at present would, in fact, assist the world to recovery. Their plans include unoccupied. When that has been the appointment of a committee of erected, it is possible that the old | five, to be known as "The Inter- Government House may be utilised, national Trade and War Debl for a time, for the purposes of a Commission," with labour, far- City Hall. In the meantime, It is mera, and business interests re- hoped to make a start on
presented. This closely parallels Mr. Smith's scheme, but would erection of a new block of Govern-make the granting of a quarter of ment offices in the region of a century moratorium contingent Beaconsfield, Arcado. Obviously, a upon proof by debtor countries great deal of cutting into the hill- benefiting thereby that it is grent- side in the locality of Battery Pathy needed, and upon their promise to co-oporate In the rovival of and the P.W.D. offices will be America's foreign trade. Further- neededed in order to provide the more, they suggest that annunt necessary area for a really big cancellations should not exceed
the
JAG
Dominions
"I wish you could see my peanut plantation in Virginia.”
If the fatter, we are led inevit- ably to that article of our pro- gramme which speaks of the con- trol of foreign investments and the nationalisation of the instru nients of credit. And we are led
to something else. For it is not enough, though it would be much, for us to set our own house in order, and obtain control over one of the great creditor countries of the the world. We must load Socialist movements of the world' and unite ourselves with them in. one common policy.
This may seem-far too great a task. But, indeed, there la so much. uneasiness here and everywhere, such a cry for leadership, that the unhappy, helpless, unthink- ing mass fa rendy, even now, to fall into line behind those who will show them a way aut. We in England, for instance, feel that the chatter of this present Parliament is irrelevant; wo are Berlous serious enough to take things seriously.
This, then, is the task before. our propagandists. We have to explain to the whole mighty com- plex, to show how disarmament, cancellation of debts and reparn- tions, the lowering of tariffs, the nationalisation of the banks, the control of foreign investments are (Continued on Page 9).
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