1932-12-28 — Page 18

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WEDNESDAY, DECEMBER 28, 1932,

Art, Australian WHY AMERICA OPPOSES The Very Idea!

some

DEBT CANCELLATION

By ROBERT J. G. BOOTHBY, M.P.

5

It would be a pity if the re- lations between Great Britain and the United States, which in any event cannot be easy during the next few months, were to be made more difficult by misunderstanding on aur part in Britain of the debt situation in America.

The economic

Asilics..

row,

INTERNAL DEBT.

(1) A housing construction scheme, to be backed by the State, (2) The virtual nationalisation of the rallways.

UNTIMELY NOTES.

PL

to

Не

.DOING OUR DUTY.

By Edward Kelly, Tariff Coy.

Wo are all for Protection.

We, in Hongkong, cannot be pro- tected too much. Especially from shroffs.

Our duty lies clearly before us. We will oven go as far na to pro- also not to buy an American car. Not eveh if they flood the market with $100 cars.

We are quite firm on this. Not until American cars are sold for $11.80, with free petrol and licence and insurance thrown in, will we re-consider our decision.

things!" carmark

Which brings us back to protec- tion. "Why limit protection to motor cars and cement?" someone asked last week.

trado journal recently remarked, effective Government representa tion through Trade Commis- Bloners stationed throughout the East would fulfil a long-felt want and would undoubtedly be most invaluable in development of the export trade. The con- fidence and prestige which would result from such a stop would automatically tend to the ex-

Free Trade is all very well, but pansion of trade. Moreover,

what's the use of it when they permanent contact created in

(3) Regulation of agriculturall won't extend it to the real neces this way would mean that the

production by fixing the prices of sities of life. We have been dead. needs of the market would bo

farm products. for internal con.against Free Trado aver since the sumption.

Hotel stopped our chit account. properly studied and the best op- portunities found for given pro-

arguments In (4) International action ducts. Hongkong, I reason of favour of debt cancellation are its free-port status, cannot do a overwhelming, and they are fully stabilise exchanges and raise great deal in the way of pre-appreciated in Wall-street, but world commodity price-levels,

This indicates, at any rate, freshness of outlook, ferential treatment, though the Wall-street does not, in fact, new privilege accorded to Em-overn the United States.

If President Hoover were to pire wines should have value, but it is keanly interested grant an extension of the morator.

Of one thing there can be no in the further expansion of Au-lum, with a view to aubsequent doubt. The United States is now wel cancellation, he would be repudiat prepared to take the forthcoming stralian trade and would come any schemes having thin cd by Congress ns assuredly as the World Economic Conference very Into President Wilson was reneriously indeed and to include

The only thing America has over object in view.

pudiated after the Treaty of Ver-both war debts and monetary given to Hongkong that was of any

polley in the agenda.

value was the cocktail. And to A Visit From Shaw

From our point of view it would offset that, they gave us the talkies, Granted, if you like. that the be madness not to take full ad- and Al. Jolson.

Which reminds us that a musical A beautiful six-leg consola model

As important in its way as with butt walnut panels and the would be an announcement that attitude of the Middle-West is nar-vantage of this and to strive our

short-sighted, and ultra-utmost to make the conference a critic, to whom is due our remark- finest

able proficiency at the jew's barp, cabinet craftsmanship. Senator Berah intended to visit nationalistic. That attitude is a success. Has powerful nine-tube Super- England is the news that Mr. fact, and these are days when In the circumstances, it cannot and the fact that we can do the 18 heterodyne completely shielded Bernard Shaw may go to the facts have to be faced, whether we be said that our handling of the holes in 34 on the mouth organ, chassis with push-pull Pentode. United States next year, "If only like it or not.

immediato question of debt pay was observed standing in front of a Automatic Volume Control, Tone for five minutes." Cynics will I do not wish to plead the cause ment' on December 15 has been movie poster advertising, "Fanny

mado "Foley, the Female Al Jolson." and Static Control, Full Vision be unkind enough to say that of the people of the United States. happy. We might have

"Great Scott!" he remarked at Dial, Phonograph Pick-up Jack, since the mountain cannot go to From an economic point of view private representations some time

last. "They're breeding

the Voltage Compensator, Antenna Mahomet, Mahomet must per- they have no ease at all. On the age and obtained either a further Equalizer, and ail modern

force come to the mountain. ather hand, I do not think we moratorium, on the public initia SPARTON engineering features. That would be unjust to the re-fully realise the gravity of their tive of the United States Govern- A remarkable instrument

nowned dramatist. The United own internal debt position, and the ment, or permisalon to highest quality.

States has been going to him effect that it has on their outlook. the money without transferring it, At the prepent time the Federal To plug in an official Note with Height 44 inches. Width 26

for many long years-visitors, debt is over £6,000,000,000; State in 48 hours of the election, when Inches. Depth 12

inchos. litterateurs, managers, journ and municipal debts total a like President Hoover was out West

Take the pedestrian. What good inches. Weight 58 pounds.

on motor-cars and allats, and, by no means least, amount; urban mortgage, £12,000,- and Mr. Roosevelt was in bed with docs a duty dollars. In fact, it is precisely 000,000; and Tarm mortgagee, £3,-influenza, and the nation general-cement do him? He gets bumped ly in an exhausted and somewhat off by the car and bumped into the because the trek has been so con- | 000,000,000.

The principal railroads have nervy condition, was the one thing tinuous and so plethoric that

comentry, Mr. Shaw has never felt the not deficit on this year's working best calculated to exasperate pub-

Cravings of pardons, but the ex- lic opinion and render postpono- need to be other than pernickety of £62,000,000.

Had it not been for the Re-ment of the forthcoming payment cusa is, it'e Yuletide. Yulo under- stand. A man has to have ONE about America. It might have been different if the United construction Finance Corporation impossible.

not up by President Hoover, most And that is exactly what has day off, so he can think up a few States had been coy, if she had of the lending provincial banks happened. On top of our Note for the rest of the year. not taken the playwright to her would have suspended payment came inevitably the French and Give us more Protection. Put & bosom so carly in his career. last summer. And as it is, both Belgian Notes. So that Europe tariff on salt, corned beef, onions, Look how he has won over other banks and insurance companies could plausibly be represented to and salted potato chips. countries. Germany has

We ask you, what is the elect been are carrying bonds at acquisition the angry and debt-ridden farmer for him almost as long na the prices considerably in excess of of the Middle-West as holding of enting too much salt, corned

pistol at his head.

beef, and aalted potato chipa? We United Staten. Has he not con- their real value to-day.

Since that time the State has The best thing we can do now la repeat, what happens? stantly assevernted his debt to German literature? Italy "fell" contented itself with anuncing the to stake everything on the success for him the moment he fell for postponement of successive bank of the World Economic Con

ruptcies by refunding (through to ference. Mussolini and the charm of

"LEAVE IT TILL CHRISTMAS". Reconstruction Finance Corporn- On that the future of our exist- Italian scenery. Poland Was tion unmarketable bonds. The

Like most people, we have

the flattered when he selected War- credit structure has been loaded in economle system may woll

depend.

habit of setting naide odd jobs frora Baw for the opening of "The up.

September onwards, with the Idea AUSTRALIA'S TRADE Apple Cart." Frenchmen hailed But, contraty to the widely hold

of finishing them off over the WITH THE EAST

him as a greater than Moliere belief in Great Britain, there has the day after he produced "St. been no expansion or inflation. MEN AND MARRIAGE Christmas holidays.

This morning we totted up the Australia is apparently plan- Joan." In Moscow he came, saw, Recently there have been signs of

Men are just as afraid of getting things that have accumulated and ning to pay more attention than and was conquered-and thus is flickering activity in some of the

electrical undertakings out West. married as women are afraid of not which we intended to finish off over getting married. Why, even the at ever before to the Far Eastern among the favoured of Stalin. But this is about the only en- Bondant swain who pilots him to his Christmas. At a modest compute- The tian, not less than six weeks full- markets, encouraged thereto by And England has remained his couraging factor in the present doom is called the "best" man. the fact that exports to

this friend because he has never lost situation. No fresh constructive bridegroom is bested--and knows it. time effort, twelve hours a day, part of the world have latterly faith in the concelt she nurses work has been started yet.

Men get very little out of modern would see the end.. This ghastly As for the farmers, their con- marriage, Primitive man was not thought has completely spoiled our been showing marked expansion. that she has been going to the

as desperato ne that of married in the modern sense of the morning, and we do not know quite The Chamber of Manufacturers dogs since the reign of Queen

The only our own. Scarcely one of them word. He was master. And he could what to do about it.

ΤΟΥ of Victoria recently approved a Anne.

thing we can think of in to put owns his farm or implements. leave his wife in the wigwam

weeks and no questions naked. proposal to send a trade ship on

them off till next Chdistmas. Now, the woman not only has the a tour of the Eastern markets, Back to the Boulevards ! And prices are worse than ever. and this vessel is to leave Au-

cave the always had, but who needn't stay

there, and she can go a-hunting

LIKE FATHER, LIKE SÓN. stralia some time in March, Paris is endeavouring to re-

The Democrats have now been with the best of them. carrying exhibits from a large vive the magic of the boulevards. returned, pledged to balance the Men don't really like boing married. We had the honour to attend a group of manufacturers. It is Brilliant illuminations are mak- Budget and to take drastic and, it They're too nice to say so, particular- special meeting of the Intelligent felt by the sponsors of the move-ing of each strip of these great necessary, unprecedented action to ly as they know the women like People of the Penk yesterday. As ment that this experiment should arteries in turn the centre of deal with the problem of industrin! But the wedding is a solo triumph. It desired to avoid publicity, por- To get a man married he has to be mission was only given for men- do a great deal in demonstrating sight-seeing throngs. Yet the depression unemployment. marked down, He has to be shown the wide diversity of products old inhabitants of Paris ahake There is a growing school, of what wonderful things a wife and tion of the affair in this column. manufactured in Australia and their heads sadly. The boule- thought which belleves that re-home are, and he makes for bring to the notice of prospective vards, they say, are not what sulla can only be achieved by a mirage, whien, Uke all anfragen, die avallable. During the past year,never were. Perhaps nothing

of present they like themselves. there has been a marked increase was ever what it used to her many others, the following sug-principal of giving a person the kiad

gestions seriously canvassed- in exports to Hongkong, show-what it seems to be in retrospect. ing that now ground is being The old inhabitant, who regrets broken, as several commodities that he cannot find the past in which formerly were not ex- the present, and who loves to ported at all, or else in such in descant on the past to the de significant quantities as to be triment of the present, would negligible, are in increased de- probably find an older inhabitant mand in the South China market, to inform him that the real days Moreover, goods sirendy widely were those which preceded the known hero are coming along in imagined past of the morcly old larger quantities than ever inhabitant; and the older in- before. An illustration of the habitant, in his turn, may meet advance mado is to be found in the oldest Inhabitant, who will the fact that whereas Australian assure him that ho too le mis- exports to Hongkong in 1929-30 taken, since he never know a totalled £337,000 and in 1980-31 still earlier day before decay £879,000, for 1931-32 the figure had set in. Thus Paris is tor- rose to no less than £737,000. It menting, or entertaining, itself is confidently anticipated that with those comparisong which, the volume of trade with the we are assured on. high East in the present financial year thority, are odious. It is like the will show ever greater increases, perpetual controversy as to whe- as vessels on the Oriental runther childhood is better than report full cargoes practically youth, and youth than maturity all the time. Hongkong is

a controversy which draws its particularly interested in this chief nourishment from such development of Australia's ex-matters as the largely subjective port trade, as it has long since goodness of pics that mother been felt that there is room for used to make, or the equally sub- great expansion here. The Em-fective misery of unsolved pro- pire Day Fair performed one roblems of arithmetic. ault in bringing to notice some

WEDNESDAY, DECEMBER 28, 1932.

dition

DEMOCRATS' MANDATE

and

Thanks. Just a little goda, please..

+

*

the Unfortunately, our stock of short- hand ran out half-way, tegothor with the contents of the hip-flask. Consequence is, best we can do la:?

Mr. Withor: Mr. Blowhard,

buyers the high quality of goods they used to be. Perhaps they almultaneous advance on several appears when he guts to it.

fronts. I have heard, among Women plans his happiness on the

оли

A THOUGHT FOR TO-DAY

au-

of the oxcellent products from Australia, aven though the dis- play was quite unofficially ganised and was not of large

nd- IT 19 ONLY BY LABOUR THAT dimensions. But if full vantage is to be taken of the TovoHT CAN BE MADE HEALTHY, AND ONLY BY THOUGHT THAT openings, there will be need of LABOUR CAN BE MADE HAPPY; AND better organisation on the part THE TWO CANNOT BE SEPARATED of exporting firms and trado WITH IMPUNITY.-Ruskits.

"Nothing but play for us the rest of our lives, oh Bally?"

please.

Mr. Blowhard: Mr. Chairman, Ladies and Gentlemen, and Mr. Kelly, It is with immense satisfac- tion that -er-rise to-night to say A few words on the frontestual fatellectual

a

offspring, I mean-which justified them-us, L-mean-rather-in con- fidently predicting-in confidently predicting, I say that these child- ren, there intelligent children-of which we are all so justly proud.

• * •

(At this stage, a rudo interrupter, apparently a spy from the Kowloon camp was ejected-after the police had been sent for of course).

•

*

As I-or-was shying (Mr. Blowhard resumes)—we are all so justly proud-will continue--in the past as in the future-to each and every one of us. How much longer, Mr. Wither?

Mr. Wither: Two minutes moro. Mr. Blowhard: cr--yca, km. hrmn, I regret, ladlemen and gontries-and Mr. Wither-er Mr. Kelly, I mean-that the time at my disposal prevents my expatlating does not permit me —to more fully expound--hrmm- on how our ingglotent children not leas now than heretoforo. Phow! I will only say, and In saying it I have behind, as before mo. the traditions and-or the traditions of the intelligentsla—- and shall continue-brmm, hrmm, each and every one of us--hrrm. Mr. Wither: Thank you, Mr. Blowhard. Miss Smteskins please..