1932-11-07 — Page 20

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THE HONGKONG TELEGRAPH. MONDAY, NOVEMBER 7, 1932.

SPARTON RADIO

"Radish Rishore Hito"

Sparton Model 16AW.

DAY BY DAY

for the presidential candidate. What they do is to vote for a num. bor of "Electors" who have been pledged by their party allations to vote for their nominees. Com-

IT IS GOOD DISCRETION NOT TO ing down to details, the voters in overy State are offered, on election MAKE TOO MUCH OF ANY MAN AT THE FIRST: BECAUSE ONE CANNOT THAT PROPORTION.- day, a cholco between lists of can-

HOLD OUT didates for presidential Electors Bacon. nominated by the various parties. The condidates, if chosen, vote for the nominees of their party. If, for example, the Democratic list

A Whist Drive will be held in St. John's Cathedral Hall to-night at 8.45 p.m.

due

STARVING IN A LAND OF PLENTY

By PETER BROWN

"The world is getting richer Virginia a turnip or two in ex- and richer, and it remains only to change. The function of financo doviso a monetary systém capable is to facilitate this exchange, en- of utilising that growing wealth."abling innumerable others to par- ticipato in multifarious ways in- Lord Malchett IXTHAT is wealth?

termediately in the process.

W Surround yourself with

stacks of gleaming goid and await

The Empress of Canada is of Electors wins in New York here from Shanghai at 7am. on the starvation na

12th inst

State, even by a small majority,, the entire electoral voto of that State goes to the Democratic can didate for the Presidency. This would mean that all the Republican voters in the State have thrown away their votes for a list of Elec. tors not chosen, who cannot have any part in the election of the Pro- sident. It should be explained that thero are as many electoral votes In each individual State as that State haa Sonators and Représenta- tivea in Congress. Thus a bare majority cast by the voters for a A deluxe Multi-Wave Receiver given list of Electors throws the in SPARTON cabinet of striking entire electoral vote of the State beauty. At a turn of the Band to the candidates to whom the Selector and Control Knob, this

Is this marvellous instrument is instant- Electors are pledged. It ly adapted for either the long which makes it possible for a Pre- wave or the world spanning short, sident to be elected who actually wave reception as desired.

receives a minority of the total powerful 12 tube Superhetero- dyne with Automatic Volume popular vote of the entire country. Control, Tone and Static Control,. What counts is not the majority Band popular vote, but a majority of the Pick-up Jack, Phono Selector Switch, and all the finest, Electoral votes. SPARTON features. Height 44 inches. Width 26 inches. Depth 12 inches. Weight 70 pounds.

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THE HONGKONG HOTEL GARAGE.

BIRTH.

ALEXANDER-On 8th November, 1932, at the War Memorial Nursing Home to Mr. and Mrs. W. L. Alexander, a son.

*432

Hongkong Telegraph.

MONDAY, NOVEMBER 7, 1932.

AMERICA VOTES

TO-MORROW

To summarise the position, the Electoral College comprises State Electors, cach State having the same number of Electors as it has representatives in both houses of Senate and the Congress-the House of Representatives. This totals 531. Therefore the Elec- toral College has 531 votes to cast for President and Vice-President. A majority of one is sufficient to elect-therefore, 206 Electoral votes are required. If the system seems confused or indirect it is be- cause the framers of the Constitu- tion did not wish to entrust the average voter with the choice of a President. Political experience had taught them to be careful in their distribution of power, and even to day, with vastly changed condi. tions, much of that distrust still re- maine.

tions.

can.

One case of cerebro-aploal fever was reported to the Health Authori-year, and you'll live for a year. ties on Friday from Kowloon.

A fancy dress dance is being given by the Prealdent and general com- nitten of the China Light and Power Recreation Club on Saturday next at the Pavilion, King's Park, at 0 p.m.

Equip yourself with food for a year, a fertile bit of ground and the means to fill it, and you're on velvet.

The present working of financo is no faulty, however, that wo are

cheerfully as you approaching the stage when the

farmor will have to appear in por Provide yourself with food for a son before tho Virginian, turnips

in hand, ft ho wants a smoke.

Barter is a cumbrous proceduro. Apart from its unwieldincos, it has the following outstanding dia- advantage: It cuts out all the intermediate activities which finance makes possible, depriving innumerable worthy people of a livelihood-a highly useful live- Hhood, adding incalculably to the Com- amenities enjoyed by

There in, fortunately, an alter- munity and the individual.

Productivo capacity is the only real wealth.

the

The world is capable of pro- ducing more than over before and is therefore wealthier than ever. At to-morrow's meeting of the

The increase in real wealth has, I'resident, Sanitary Board, the pursuant to notice, will move. That in fact, been so stupendous that, the Board approves the introduction if it had been exploited rationally, of the following addition to the By- this world would long ago have native to the baleful prospect of This alternativa holds out the lawn governing Markets: No person become a paradise for every civi- primitive bartering. shall spit in any market-stall; nor inlised human being a paradise any market avenue, stair-way, or consisting of a useful occupation, brightest prospect ever offered to thoroughfare,"

a sufficiency of the necessities and humanity, the inauguration of an comforts of life, and adequate era of unparalleled prosperity. A foiure for the improvement of body simple operation only in necessary a twofold expansion of the and mind.

There is no need to go to Mos-media of exchange.

The first phase consists of n make this paradise a cow to reality. All that is necessary is substantial and proportionate in- emancipation from the bondage of crease of the domestic currency bring to life the dormant produc- an imperfect system of exchange noto issue in every country, to of commodities.

The Europe Hotel, Singapore, has closed down. The passing of this famous landmark was marked by a "night" which recalled the Europe at its best and most prosperous. There its have boon various plans for future, and the latest is a tentative proposal to rebuild the hotel on more modest lines than originally intend ed, at n cont of $1,500,000.

Coffee is being dumped in the Ing and consuming capacity within sea in Brazil, wheat is being fired the countries. Each & sterling During the month of October 6,481 in locomotives in Canada, in every will still have the same value an

St. cases were attended to in the New country there are swarms of able before in dollars, francs, marks,

by Territories

tho

John workers eating their hearts out in etc.

The accond phase is the credit- Ambulance Brigade. Of these 68 enforced idlences.

adequate number of maternity cases and 0,403

What is at the root of all this ing of an were general. Nine people were sent to senseless waste? The answer is, international units, of value to hospital. Ona of the

quite simply, that the facilities cach country.

Apply the additional issues of obstetrical. Taken by districts there for exchanging goods (the world's. were 2,810 cases in Cheung Chow,

are tled down to a currency rationally, and there-

tremendous increase in 1,035 in Tal Ku, 054 in Kam Tin, currency) 1,643 in Fanling and 630 in Tai Long stationary quantity like gold in will be

stead of being kept in line with the consumption of commodities without any appreciablo Increase increase in the trading needs.

"counters" mean any

2

CORES WAS

ere

until

The health bulletin for Eastern

All currency must have a de-in prices. An ports for the week ended October 29, ahows the following cases of in- nito backing in gold; it is tied number of monetary fectious cases and deaths therefrom. hand-and-foot to gold: It cannot in existence will not -Plague, Baghdad one case, Beirut 4 he increased except in the ratio of reduction in the buying power of cases, Colombo 4 cases 4 deaths, the additional gold produced. Each cach individual counter Semarang ono case. Cholera. Bombay year a minute quantity of gold is either for both) of two factors one case, Calcutta 11 cases 8 deathe.laboriously mined from the earth; makes itself felt: Small-pox, Alexandria &

year, therefore, a minute deaths, Baghdad 2 cases, Basrah 17 each

amount of additional currency is cases 11 deaths, Bombay & casca deaths, Calcutta 28 cases 8 deaths, made available. Madras 33 cases 6 deaths, Negapatam one case, and Canton 4 cases.

CRECA 2

SURA

(a) When demand balances and exceeds supply;

(b) When production costs are increased.

During the past hundred years

The former of these two contin- or so the capacity for producing useful commodities has increased gencies cannot set in for some In reporting Friday's scasion of the many thousand-fold. This immea-time, as it is being continually Rurable increase in productive dinned into us that the world is tormed Licensing Board, the remark

"over-production," no means of ex- attributed to Mr. T. H. King, Deputy capaelty has, however, been steri- suffering from what is

As regards the second contin- Inspector General of Police, that volised, because full licences were regarded as su changing additional quantities of delent for Kowloon. What Mr. King goods has been made available gency, any rise in the cost of pro- said was that the policy in Hongkong because the media of exchange are ducing commodities is unlikely, if had been to restrict the number full ifcences and five had been regard made entirely dependent on the the additional currency is applied labour at present rates of wazes la ed as sufficient for the whole of the increase in the stocks of the commo-to useful publie purposes in which expenditure. Central District in Victoria. There dity that is hardest and slowest

the chief item of were already four full licences in the of all to produce.

When a reduction in the value of near vicinity of Hankow Road

the individual monetary units there was no need for InGro full licences in that neighbourhood.

of

and

What Use in Gold?

To what use is gold put when takes place, this reduction will be it has been obtained? It is suc-gradual, and very small in pro- for Useful portion to the extra amount of cur-

create rency brought into use.

A

Widespread Bencûts.

an. honest

The Central Theatre was well cessively, exchanged patronised yesterday for the first commodities. It cannot

of 'the British and anything whatsoever itself, showings

Let us endeavour to visualise a Domialona" a "Carnival," starring piece of paper with Matheson Lang. From the technical signature would fulfil the identi- fow of the effects of proportional point of view, the production is good, cal purpose just as well. And the expansion of currency: No dialo although the action is slowed up number of these honest promises cation of existing values. All idle considerably by a deal of needless to give real value for real value labour quickly and usefully ab- repetition. Matheson Lang stands would not be held down artificial-sorbed. Trade and industry boom- out head and shoulders above rest of the cast for his remarkably ly: as the capacity for producing ing. Calls for private capital for fine acting. Dorothy Bouchier has upoful commodities increases, the

the

• Mulles

ping-stono to security.

prosperity

tho

and

Let us now turn for a moment from this alluring prospect to what is actually happening to-day. It is depressing in the extreme. "Cut down". Is

universal watchword.

An (artificially) Impoverished community la faced with the task of malataining an enormous num- ber of ablo men and women de- prived of work by the dotish of contraction. The calls on the na- tional purse for this purpose have mounted until they have become a serious drag upon Industry, yot a substantial reduction of taxation is.boyond the bounds of pro- bability.

Mr. Hoover's Accusers

President Hoover complains bit- terly of

the slanders directed against him by the

Democratic campaigners and to a large extent he is justified. He has been de- To-morrow is presidential elec-picted as a monster sitting at the tion day in the United States, and White House through the misfor on the votes cast will depend who's tunes of the United States without is to be the nation's Chief Execu- lifting a hand to improve condi-

It is oven suggested that the feminine lead and apart from a number of these absolutely.sound every purpose. Private Investors tive for the next four years. If

but for the attitude of Mr. Hoover | tendency to be somewhat explosive media of exchange could be in./sura of a safe and profitable, re- turn on their savings, which need present indications, as revented in

there would have been no world-in the more dramatic points, which crensed correspondingly,

There is no mystery about the no longer be left to swell the de- straw votes, are a safe guide, Pre-wide depression. His own repudia- may be due in part to defective pro-

duction, she I extremely

good. broad basis of finance. When the poslts in the banks.

Every country stands to gain by sident Hoover has little chancetion of the insupportable charges Opinions will differ about this film, British farmer buys an ounce of the scheme. Proportional expan- of being re-elected. Almost every needs no endorsement. The truth, but it is certainly good entertainment. tobacco he gives the planter losion of currency la tha sure step- where it is conceded that Mr. however, was stated by Newton Franklin Roosevelt has the better Baker in his speech at the Metro- chance. The main lasuo is unpolitan Opera House. The Presid- doubtedly the current depressionent has followed neither a polley and its offshoots, though tariff of internationaliam, nor a policy of isolation. In the result, he has policies and Prohibition figure fallen between two stools. It is prominently na well. There is no probably correct to say that he did question that the Democrata blame more than any other individual to the Hoover regime for the depres-relieve the sufforings of European alon in the United States, but the peoples, and it is hardly to be sup- Republican answer is that the posed that the same, man remained crisis is not peculiar to America— callously indifferent to the trials of Americans. The very real emotion that it is worldwide and there-

which the President has ahowed in fore cannot be attributed to Pre-his denunciations of the falsehooda sident Hoover's policies. How-uttored about him is the mood over, when times are, bad it is the which those who are most about custom in all countries to blame him know, beat. No man has the Government in power, and pondered more deeply the methods America is no exception to the to be adopted, to secure

of prosperity and rule. Thus, on the principle that restoration a. change of party cannot make happiness. It is wholly within the limits of proper political discussion things worse than they are, many to question the efficacy of those re- voters who would ordinarily not

medies, but it is utterly boyond the change their allegiance may be ex-boundaries of decency or of reason pected to switch from Republican to charge the President either with to Democrat-in sufficient num- Indiference to the problem or with bera probably to secure the return making its solution secondary to his political ambitions. The £18+ of Mr. Roosevelt.

Turning from the prospects of persions may defeat the purpose for which they are made, arousing the poll, it will be interesting to in the mind of a certain section of nos precisely how the United States the electorate a sympathy rather alects its President—a subject on ́than an opposition. But the re- which there is much confusion in sult will probably be the same. The foreign countries. Actually, when' pendulum has swung too heavily to to-morrow's the American voters go to the poll recover in time for they do not in Tame vote vital choice.

the

"But, mother, I want to stay home. You know I can't

stand any of your people.".

The issue is plain, and needs but fow words. Expansion will un- fallingly give us prosperity and happiness,

GOOSEBERRIES-

BUT NO FOOLS

By ST. VINCENT TROUBRIDGE.

Chaperons are back in fashion again-yet no girl need be a penny. ► the worse, for that. Two or three years ago it certainly looked as if thano Victorian Idols had been toppled off their little gift chairs round the ballroom for ever, A debutante would have felt as ashamed to bring a chaperon to a party as to bring a shiny nose.

The famous revolt of youth has died down a bit since them, pos- (Continued on Fags J.)

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