1933-03-09 — Page 18

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THE HONGKONG TELEGRAPH. THURSDAY, MARCH 9, 1933:

ROCKZA

Refinements

Feature

Rockne

Six

Models

WIDE DOORS Front doors of 1933 Rockne Six sedans are 29 inches wide. Rear doors measure 291⁄2 inches Coach and coupe doors are 39

inches wide.

Stubba Road

The

HADDY VADKY"

proach to internal price stabili- ty, at a raised level, is by far the] most important objective of monetary policy. It is certain- ly much to be preferred to any attempt to put back gold upon its throne, or to devise, in the face of the economic nationalism of the separate States, any al ternative international standard. In the case of Britain and cer- tain other nations, a return to gold might be intolerable, but there seems, none the less, little possibility of setting up another International standard in its place.

MONEYLENDERS' COURT.

By JAMES M. KELLEHER“

Every Friday morning.

The Very Idea!

THIS TECHNOCRACY,

By Edward Kelly, Crazy Enough.

"Money is the cause of most of owes his misfortune to the gambi the hardship' in this world," is a ing hells on the Macao Peninsula. Of course, you all under- saying as true as it is trite, and if But he will never admit it to the

stand this wonderful new there is one man in Hongkong Judge. Plunged heavily into who knows it, it is the Pulsne debt by the elusiveness of a American system? Techno- Judge of the Supreme Court.

umber which will not come up, cracy, they call it. Justice Wood presides over a borrowed to keep his head above Mr. he has returned to Hongkong and,

As a matter of fact neither do Court, packed with moneylenders water. Although he blames we. But we're all för Technocra- and their debtors. From his seat Alacao and blames

the money-1 cy. on the Bench. he hears tales of tender, he does so unjustly. His misfortune, of money borrowed frail human nature is to blame, for share speculation and of and as long as the gambling shares that crashed instead of ria-instinct, at least, latent in every ing.

ene, is unrestrained, the Money The holicitors' table is sur lenders' Court will remain as The proposition is growing in rounded by the men of law, drap-crowded as ever. strength that some form of fession. The crowd in the back

ed in the robes of their pro

Presidential Power

By A. P. GARLAND.

We're all for it for the same

reason that we're for the Einstein Theory of Relativity. They both give us something to write about when we've exhausted the wea- ther, shroffs, wives and other famous subjects cussed."

DA

have

dis-

Besides, nobody seems to under- stand what Einstein's Theory and Technocracy means, which is an.

congressional action shall be benches wear no robes, but ther taken by which President Roo-are distinguishable just the same INITIALS MENACE sevelt shall have authority, ex- Here are men with white tur- tending far beyond that normal- bans and black beards, clutching ly conferred upon the President white slips of paper in their The well-wishers of the, Associa-other argument in their favour. for the purpose of expediting the hands, and here are Chinese from tion of Scientific Workers-and The literal translation of 'tec campaign against national de- the coolie class, with $10 debts, who isn't such? will certainly no-cracy is "that detective is not pression. The only concrete to shop-owners with liabilities of wish well to the suggestion that mad". The American translation

úp to $1000.

a Bill should be promoted to pro-la "barter". The barter you do Occasionally," cn the aldehibit the use of bogus degrees. for the barter you spread on. benches are a few Europeans who But I'd go farther. I'd insist bread. have borrowed to pay off some that something should also be Under Our old system we pressing debt and borrowed again done to rid the world of the Technocrate with money, but to pay off the money-lender.mcanace that comes from the pre- what. with Bank crashes, bad Crushed by the ever-increasing sent plague of initials after the $300 notes and chipped dollars, any chance to meet their obliga- interest burden, they despair of iname.

we'll soon have to adopt the new

For instance, you go into the "The Hotel and order a glass of beer.

Hongkong Telegraph careful use and allotment of this through the

THURSDAY, MARCH 9, 1933.

way of

WAA

Court-room and

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is

the exchange

་།

Technocracy from

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21

LETTERS FROM ARAMINTA ́(IN AUSTRALIA).

proposition thus far made is that he should be given dictatorial authority over reduction in federal expenditures, especially those for salaries. To some ex- tent this is a "passing of the buck" on the part of Congress, It will be much easier for tions, and allow the money lender read on an advertisement of a

For example, not long ago I American style. President just elected to cut the to drag them before the Court of lecture, free-get that--on pay of tens of thousands of men Summary Jurisdiction. See and drive the New Rockne and women than it would be for" "Cqur-r-t" rawls "the Clerk of Inner Self," by a certain "Mr.When the boy brings the chit you

A:0 R.C."

pay him with the dead pig your ran Six to-day!

congressmen who in a little over the Court' as the Puiane Judge

Now at the time I was deeply over out at Mongkok, and for a year, will be seeking nomina enters, Everybody rises. The interested in my inner self and which you had to give the original THE HONGKONG HOTEL tion and re-election. President Judge, bows to the Court and the wanted to know more about it. owner your pants.

Roosevelt has come into office Courts bows to the Judge. Every Moreover, I wanted to refute my GARAGE.

body sits down.

The whole thing is built up on equipped with a weapon for

of commodities. The Judge loses no time. "Writ doctor, who had the nerve to say enforcing his will of which Pre-Number 1565" he announces, and that I ate too much and walked You've got to have a barter to make sident Hoover was entirely de- the Indian interpreter calls the table. So in the ordinary way it successful. That's why Amez-

I should have been among the ica ia cutting out prohibition. stitute. He has control of tens name of the creditor. The ring leading files at the lecture hall, of thousands of appointments to of his voice has not died away waiting for the doors to open. federal offices for a share in when the Chinese interpreter's Why then did I hesitate? Why And, as one man to another, we

echoes' and re-echoes which all will be eager. The voice

in the end after much thought, did are all for this idea of Techno- patronage will go a long way corridors, calling the delinquent decide that it would be a far, cracy. We have for exchange far better thing to stay at home one Star Ferry ticket (old), one to account. toward bending. Congress to his. There is a stir in the back and if remember rightly-mulch pen knife (both blades broken). one wife (nagging), one bottle desires. There may be the un-benches.

Creditor and debtor the pelargoniums than to listen to such sophisticated to whom come forward. The Puisse Judge this bird's ramblings on "The in- opener, one bottle (empty), and one season ticket for the H.KJ.C. strategy will seem offensive. It explains the debtor's position toner Self"? Simply because I did

understand what A.O.R.C. "Annual Meeting (1932). All PLANNED MONEY.

certainly is not wholly in line him, while the moneylender not

meant.

these, with the exception of one with that idealistic conception of listens in a' bored sort of way.

Was it""Ancient Order of 'Rat-(1) wife, we will barter for one The debtor's version of the The banking crisis in the politics for which the National

He Catchers"? Was it "Armenian (1) bottle of Johnny Walker. affair runs OG

lines. Bet United States is yet another Civil Service Reform Associa borrowed the money on account of Orphans Reception Committee"? We could not think of Techno- indication of the fact that the Even so idealistic a student of for shares which fell. He signed

tion stande. But it is not novel. either sickness, bad business, or Was it? But what was the use?cracing our wife. How dare you But even the well-known ip- suggest that we would descend to world's monetary systems

are government, essentially a "re- for double the amount he received itials, such as you can look up in such loathesome depths of de at present in a sorry muddle. former" in the White House as and

too much any well-bred reference book, are pravity! No, sir! We will give charged

her away, free, with postage add- It is even more; it is proof of Mr. Woodrow Wilson, used interest. The moneylender puts often confusing."

As an instance, suppose you dd, to the first applicant. the absurdity of the world con- patronage with consummate skill his case briefly

With Technocracy, you will Very anon, the Puiline Judge is wanted a chartered accountant to tinuing to rely on a supposedly to bring Congress around to his

thinking. He, like prying into the case. How much work eat your losses for the pre- have to work only two hours a automatic regulation of curren- Roosevelt, came in with a shift why? At what interest? How applied to the A.C.S., Instead of make in Hongkong.

money was actually borrowed? vious year and in a careless way day! What a difference it will cy, and credit which has

Saying which, ob of parties, and had a full list of much has been prid back? Are to the A.C.A., the latter being the

We dismiss viously failed to work. Sir offices at his disposal. It is there any receipts? What is the Association of Chartered Account

our mind. Basil Blackett, the npted econ- reported that in the tenders of debtor's present financial position.ents.

merely remarking that if they start Wouldn't you feel such an ass making people in Hongkong work omist, in a recent book, deals at office made by the President, In what amounts can be re-pay

when in recurn you were sent an two hours a day, we quit, along- length with the place of planned he has exacted 2 pledge to the debt?

additional curate, the A.C.S. being with our fellow-workers in the the Additional Curates' Society? Occasionally, when a case

banks, government offices and money in a planned economic co-operate 100 per cent, in his economic progamme. Whether

Similarly, if you wanted your other high institutions. system, and his submissions are this is true or merely a political one of the parties. If it happens family tree worked out to two

called, a solicitor rises to represent very much to the point at the rumour no one can say. But that a European in in trouble over places of decimals, you'd send for present moment. His first the however out of accord with the unpaid chits, reportera take ar F.G.H.S.. that is, a Fellow of Bis is that stability of internal sentimental view of politics it is very live interest in the proceed- the Genealogical and Historical Society. But if by mistake you

o gee or gosh it makes me sad prices is to be preferred to realistic and in the end advan- ings.

Call the defendant" says is anked for an F.G.S., do you know and hores me fill im weary for all stability of exchange rates, such

tageous to the public.

Honour. The defendant is called, what you'd get? Cut my throat the day they chatter away about

if tell a lle-you'd get a little this old leg theory as the gold standard used to

A 'Peace Plan.

bearded man with a hammer, a secure, and is the more to be

to-morrow?" asked the solicitor. Fellow of the Ger logical Soch enough lets set the ball arolling preferred now, when gold has

The fact is, every job t-day? A remarkable peace plan,

firm pile-triving to ene-sht and when it bumps towards the signally failed to provide a devised by a farmer, has been inside story is never told.

ing. has its institute with degrees stumps just swipe this body line

bowling standard of value." He would submitted as a possible quali- What dramas of human fully and initials after the na, and like to see all countries by agree-fication for the Nobel peace and misplaced trust have their the situation is getting out of ment pursuing a policy of in- award. The plan is that of a eulmination in the Moneylenders' hand.

man who has Incidentally, what is an A.O.R. ternal price stabilisation, and new World Court with teeth. Court. Many a

Mr. Korntved, the ceasing to base their internal stops chopping wood in his

author, stood before the Pusine Judge lc.? currencies on gold, even if they farmyard when he has visitor's to were to retain it as a means of raise a sunburned face and blue making foreign payments. eyes, and tell how his plan would This leads, incidentally, to

act in the present Asiatic trou- plea for the regulation of over-one voting representative for bles. "The World Court-with sens lending. If all countries each member nation-would al- kept their internal prices stable, low China and Japan to present says Sir Basil, there would be their cases. An impartial deci- little room for variation in ex-sion-would be reached. Should change rates, provided interna- either or both refuse to accept tional capital movements were be required to submit the ques- the decision, the dissenter would kept under control. As a pre- tion of rejection to its citizens. liminary to price stabilisation, Should one vote to reject, it it is suggested that action should would be classed a hostile ma- be taken to raise the levels of tion." If such a hostile nation wholesale prices throughout the started invasion of a member na- world to a point consistent with tion, the World Court would present fixed charges and with mobilise a world police-as high as 75 per cent, of the armed profitable production., Failing forces of all member nations general world agreement, Sir to bring peace by blockade. Basil thinks an agreement could Should both nations' electors' re- be reached between Britain and ject the court decision, each the United States to raise prices would submit the question of and keep them stable thereafter, war to a referendum of its able- even if America remains on the bodied men of military age. Each gold standard and we remain man voting affirmatively would authomatically enlist for ser- off: The thought which will vice." Mr, Korntved would desire naturally suggest itself, after the World Court to work for a reading these proposals, is that

universal language and interna- stabilisation of prices is not tional commerce laws as a means quite so easy a policy as it

of ending international disputes. sounds. None the less, Sir It would have power to try and Basil is on sound ground when

who he contends that a nearer

A

ap-

sentence propagandists lead peoples to war.

but does not appear.

"Shall I prove this in Chambers "Yes," says His Honour and the

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"Gee, Eddie, I hope your pining for a cabin number goca

over, big, so we can rent that house."

quant suff quant suff ive had

for cricket is a splendid thing dont try to make it tame sir whats a black eye or a whack on the thigh play up and play the game sit

psi was talking to a wire worm the other day and i said whats that big building theyre building over there and he saldo thats a new hospital for cricketera and be laughed.ha ha ha

so..i said well it looks to me more like a gas works you people use an awful lot of ges down here. ho ho ho

methings had him there eddie end of message..

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ANSWERS TO CORRESPONDENTS.

Percy. Yes, Percy, double- breasted overcoats are being worn longer this year. I intend to.. make mine last at least Biz months. The Raglan is a "good style: it should have a velvet collar and no holes in the lining.

I don't know what to advise about a Chesterfield: I thought it was

something you sat on.

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Diana. Why, of course, Diana; You must bunt with the Fanling- ites, everyone does, except for townees labourers, etc. You'll want a good "gee"; why not try and get on old rachehorse; they often have a pretty "turn of speed"? A bicycle is definitely not "classy." Habits, if you haven't one of your own, can be hired for the day. And don't forget the "cap." Ride "as hard ard straight as you can, dear, and get as far ahead as possible; if you get there first they give you little bits of the fox. Such a quaint, delightful old custom!

W