1932-12-28 — Page 6

J

COLD, DAMP, AND CHANGEABLE WEATHER

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THE HONGKONG TELEGRAPH. WEDNESDAY, DECEMBER 28, 1932.

SPARTON

RADIO

Sparton Model 16.

finest

cabinet

modern

of

agencies.

As an

An init Australian WHY AMERICA OPPOSEShe Very Idea!

DEBT. CANCELLATION

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

any

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

scheme, to be backed by the State. (1) A housing construction

(2) The virtual nationalisation of the railways,

trade journal recently remarked, effective Government represents- tion through Trade Commis Aionera 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- pansion of trade. Moreover, permanent contact created. in this way would mean that the needs of the market would be properly studied and the best op. portunities found for given pro-

The economie

arguments in ducts. Hongkong, by reason of favour of debt cancellation are its free-port status, cannot do a overwhelming, and they are fully great deal in the way of pre appreciated in Wall-street, but world commodity price-levels.

fact, ferential treatment, though the Wall-street does not, in new privilege accorded to Em-govern the United States. pire wines should have somo If President IFoover were to value, but it is keenly intorested grant an extension of the morator in the further expansion of Au- tum, with a view to subaequent stralian trade and would wel cancellation, he would be repudiat- como any schemes having this ed by Congress as assuredly as the object in view.

Into President Wilson was pudinted after the Treaty of Ver-

Bailles:

INTERNAL DEBT.,

اعر

+

DOING OUR DUTY.

By Edward Kelly, Tariff Cop.

Wo aro all for Protection.

shroffe. tected too much. Especially from

We, in Hongkong, cannot be pro

Free Trade is all very well, but what's the use of it when they production by fixing the prices of sities of life. We have been dead (3) Regulation of agricultural won't extend it to the real nocos- farm producis. for internal con- against Free Trade over since the sumption. -

Hotel stopped our chit account: (4) International action to Our duty lies clearly before us. stabilise exchanges and raise

We will oven go as far as to pro- This indientes, at any rate.

miso not to buy an American car. freshness of outlook.

Not even if they flood the market with $100 cars.

UNTIMELY NOTES.

A

We are quito firm on this. Not doubt. The United States is now

Of one thing there can be no $11.80, with free petrol and licence until American cars are sold for prepared to take the forthcoming and insurance thrown in, will we World Economic Conference very re-consider our decision, 1G-

both war debts and monetary seriously indeed and to include polley in the agenda.

From our point of view it would bo madness not to take full ad- vantage of this and to strive our

utmost to make the conference a

given to Hongkong that was of any The only thing America has ever

value was the cocktail. And to fact that, they gavo us the talkies, and Al Jolson.

Which reminds us that a musical

A Visit From Shaw A beautiful six-leg console model

As important in itaway as with butt walnut panels and the would be an announcement that craftsmanship. Senator Borah intended to visit Has powerful nine-tube Super England is the news that Mr. heterodyne completely shielded Bernard Shaw may go to the chassis with push-pull Pentode. United States next year, "if only Automatic Volume Control, Tone for five minutes, and Static Control, Full Vision unkind enough to say that of the people of the United States. happy.

'Cynice will

I do not wish to plead the causement na Decembar 16 hoo beon movie poster advertising. "Fanny Dial, Phonograph Pick-up Jack, since the mountain cannot go to From an economic point of view private representations some time

We might have made "Foley, the Female Al, Jolson." Voltage Compensator, Antenna Mahomet, Mahomet must per- they have no case at all. Equalizer, and all

"Great Scott!" he remarked at On the ago and obtained either a further force come to the mountain. other hand, I do not think we moratorium, on the public Initialaat, **They're SPARTON engineering features. That would be unjust to the re-fully realise the gravity of their tive of the United States Govern- things!"

breeding the A remarkable instrument highest quality.

nowned dramatist. The United own internal debt position, and the ment, or permission to earmark Which brings us back to protec States has been going to him effect that it has on their outlook. the money without transferring it. tion. "Why limit protection to 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 asked last week.

At the present time the Federal To plug in an official Note with- motor cars and cement?". Borneone inches. Depth 12 Inches. litterateurs, managers, journ

Weight 58 pounds. alists, and, by no means least, amount; urban mortgage, £12,000, and Mr. Roosevelt was in bed with docs a duty on motor-care

and municipal dobte total a like President Hoover was out Weat Take the pedestrian. What good dollars. In fact, it is precisely 000,000; and farm'mortgages, £3,-influenza, and the nation general-cement do him? He geta bumped because the trek has been so con- 000,000,000.

ly in an exhausted and somewhat tinuous and so plethoric that Mr. Shaw has never felt the need to be other than pernickety about America. It might have been different if the United States had been coy, if she had not taken the playwright to her bosom so early in his career. Look how he has won over other countries. Germany has been for him almost as long as the United States. Has he not con-

Granted, if you like, that the row, short-sighted, and ultra-

critic, to whom is duo our remark- attitude of the Middle-West ia nar- nationalistic. That, attitudo in a success. fact, and these are days when facts have to be faced, whether we be said that our handling of the holes in 34 on the mouth organ, able proficiency at the Jew's harp,

like it or not.

In the circumstances, it cannot and the fact that we can do the 18.

immediate question of debt pay- was observed standing in front of a

inthes.

Demonstrations & Sales. IDEAL RADIO SERVICES Tel. 27806, Morning Post Building.

Distributors: THE HONGKONG HOTEL GARAGE.

Ohe

Hongkong Telegraph stantly asseverated his debt to

and

of eating too much salt, corned We ask you, what is the effect

beef, and salted potato chips? We repeat, what happens?

Thanks, Just a little soda, please.

•

net deficit on this year's working best calculated to exasperate pub.

The principal railroads have a nervy condition, was the one thing by the car and bumped into the

cementry.. of £62,000,000,

lic opinion and render postpone- Cravings of pardons, but the ex- Had it not been for the Re-ment of the forthcoming paymenteuse is, it's Yuletide. Yulo under- construction Finance Corporation Impossible.

stand. A man has to have ONE set up by President Hoover, most

And that is exactly what has day off, so he can think up a few of the leading provincial banks happened. On top of our Note for the rest of the year. would have suspended payment came inevitably the French and last summer, And as it fa, both Belgian Notes. So that Europe tariff on salt, corned beef, onions, Give us more Protection. Put a banks and Insurance companies could plausibly he represented to and salted potato chips.. are carrying bonds at acquisition the angry and debt-ridden farmer prices considerably in excess of of the Middlo-West as holding a their real value to-day.

pistol at his hond, Since that time the State has

The best thing we can do now is German literature? Italy "fell" | contented itself with financing the for him the moment he fell for postponement of succesalve bank- to stake everything on the success of the World Economie Con- Mussolini and the charm

ruptcies by refunding (through the ference. of Italian scenery. Poland was tion] unmarketable bonds. The On that the future of our exist. fiattered when he selected War-credit structure has been loaded ing economic system may well saw for the opening of "The AUSTRALIA'S TRADE Apple Cart." Frenchmen hafled

depend. up

But, contrary to the widely held) 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. Australia is apparently plan- Joan." In Moscow he came, saw, ning to pay more attention than and was conquered-and thus is ever before to the Far Eastern among the favoured of Stalin. markets,. encouraged thereto by And England has remained his the fact that exports to this friend because he has never lost part of the world have latterly faith in the concelt she nurses been showing marked expansion, that she has been going to the The Chamber of Manufacturers dogs since the reign of Queen of Victoria recently approved a Anne. proposal to send a trade ship on

WEDNESDAY, DECEMBER 28, 1982.

of

Reconstruction Finance Corpora

Recently there have beon signs of flickering activity in some of the electrical undertakings out West, But this is about the only en- couraging factor in the present work has been started yet. situation. No fresh constructive

MEN AND MARRIAGE

Mea are just as afraid of getting married as women are afraid of not getting married. Why, evon. the at tendant swala who pilots him to his bridegroom is beated-and knows it doom la called the "best" man. The

*LEAVE IT TILL CHRISTMAS”.

Like most people, we have the bubit of setting niide odd joba from September onwards with the idea of anlahing them off

over the

Christmas holidays.

This morning we totted up the things that have accumulated and which we intended to finish off over Christmas. At a modest computa-

time effort, twelve hours a day, tion, not less than six weeks full-

dition is as desperato as that of married in the modern sense of the morning, and we do not know. quite Mon got very little out of modern would see the end. This ghostly As for the farmers, their con marriage. Primitive man was not thought has completely spolled our our own. Scarcely one of them word. He was master.

And he could what to do about it. owns his farm or Implements. leave his wife in the wigwam for thing, we can think of le to put The only And prices are worse than ever, weeks and no questions asked.

them off till next Chdistmas,

DEMOCRATS' MANDATE

!

Mr. Wither: Mr. Blowhard, plense.

a tour of the Eastern markets, Back to the Boulevards! and this vessel is to leave Au-

Now, the woman not only has the stralia some time in March,

cavo she always had, but she needn't Paris is endeavouring to re- carrying exhibits from a large vive the magic of the boulevards. returned, pledged to balance the Men don't really like being married. The Democrats have now been stay there, and she can go a-hunting

with the best

LIKE FATHER, LIKE SON. of them. group of manufacturers, It is Brilliant illuminations are mak- Budget and to take drastic and, They're too nice to say so, particular special meeting of the Intelligent We had the honour to attend n felt by the sponsors of the move-ing of cach strip of these great necessary, unprecedented action to ly as they know the worsen like it. People of the Peak yesterday. As ment that this experiment should arteries. in turn the centre do a great deal in demonstrating sight-seeing throngs.

deal with the problem of industrial But the wedding la o solo triumph it desired to avoid publicity, per- Yet the depression and unemployment. To get a man married he has to bo the wide diversity of products old inhabitants of Paris abake There is a growing school of marked down. He has to be shown mission was only given for men- manufactured in Australia and their heads andly. The boule thought which belleves that re- home are, and he makes for

what wonderful things a wife and tion of the Affair in this column. bring to the notice of prospective vards, they say, are not what sults can only be achieved by a mirago, which, like all mirages, dis hand ran out half-way, together. the Unfortunately, our stack of short- buyers the high quality of goods they used to be. Perhaps they simultaneous advance or several available. During the past year, never were.

appears when ba guts to it.

with the contents of the hip-flank.. Woman plans his happiness on the there has been a marked increase was ever what it used to bear many others, the following sug- principal of giving a person the kind Consequence Is, best wo can do is:

Perhaps nothing fronts. I have heard, among in exports to Hongkong, show what it seems to be in retrospect. gestione seriously canvassed: of present they like themselves. ing that new 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 betriment of the present, would negligible, are in increased de- probably find an older inhabitant mand in the South China markat. to inform him that the real days Moreover, goods already widely were those which preceded the known here are coming along in imagined past of the merely old larger quantities than ever before.

inhabitant; and the older in- An illustration of the

habitant, in his turn, may meet advance made is to be found in the oldest inhabitant, who will the fact that whereas Australian assure him that he too is mis- exports to Hongkong in 1929-30 taken, since he never knew totalled £387,000 and in 1980-81 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

a

is confidently anticipated that menting, or entertaining, itself the volume of trade with the with those comparisons which, East in the present financial year thority, are odious. It is like the we are assured on high al- 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 particularly interested in this a controversy which draws its chief nourishment from such development of Australia's · ex- port trade, as it has long since matters as the largely subjective been felt that there is room for goodness of ples that mother great expansion here. The Em-used to make, or the equally sub- pire Day Fair performed one refective misery of unsolved pro- Bult in bringing to notice some blams of arithmetic.

of the excellent products from

Australia, even though the dia- A THOUGHT FOR play was quite unofficially

or-

ganised and was not of large :

TO-DAY

dimensions. But if fall ad- IT IS ONLY BY LABOUR THAT vantage is to be taken of the THOUGHT CAN BE MADE HEALTHY, ONLY BY THOUGHT THAT openings, there will be need of AND

better organisation on the part LABOUR CAN HE MADE HAPPY; AND of exporting firms and trade THE TWO CANNOT BE SEPARATED

WITH IMPUNITY.—Ruskin,

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

Mr. Blowhard: Mr. Chairman, Ladles and Gentlemen, and Mr. Kelly, It is with immense satisfac- tion that--er-rise to-night to say a few words on the intellectual abilities of our-er-forobears— offspring, I mean-which justified them-us, I mean-rather-in con- fidently predicting-in confidently predicting, I say that these child- ron, these intelligent chlidren-of which we are all so justly proud..

• •

(At this stage, a rude interruptor, apparently a spy from the Kowloon camp was elected after the police had been sent for of course).

As

"

道

I-er-was saying (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 longor, Mr, Wither?

Mr. Wither: Two minutes more, Mr. Blowhard: er-yos, hm. hrmn. I regret, fadlemen and gontries—and Mr. Withor or Mr. Kelly, I mcan--that the time at my disposal prevents my expatiating does tot permit me -to more fully expound on how our ingglistent not less now than berotofore. Phew! I will only say, and In saying it I have behind, as before, me, the traditions and or the traditions of the intelligentsin. and shall continue-hmm, hmm, each and every one of us-krem. Mr. Withor: Thank you, Mr. Blowhard. Miss Smieskins plesso.