1933-06-26 — Page 6

Hongkong Telegraph 港電新報 士蔑新聞 All

FINE OLD LIQUEUR BRANDIES

Renault's R.V.O.

40 Years Old Rouyer Guillot Rouyer Guillot 50 Years Old Rouyer Guillot Vintage 1865

Mario Brizaro's Vintago 1858

Methusalem (Very Fine Liqueur)

Centurian (Very Old Rare)

RENAULT'S RESERVE GRAND CHAMPAGNE

100 YEARS OLD.

A. S. WATSON & CO., LTD.

WINE & SPIRIT MERCHANTS.

EST. 1841.

WE OFFER YOU A BARGAIN

RCA-VICTOR MODEL R-73

AN EIGHT TUBE

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AUTOMATIC VOLUME CONTROL.

45° DIAL FOR EASY READING.

BIG SET RECEPTION.

Price $215.00 Not. Completely Installed and Serviced Free of Charge for Three Months.

GOVERNMENT RECEIVING LICENCE

PROVIDED WITH EACH SET PURCHASED IN JUNE.

S. MOUTRIE & CO., LTD.

York Building.

THE

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(Regd.)

CSP

Super lightweIGHT WATERPROOF.

GUARANTEED.-The cloth made from twisted yarn of the finest EGYPTIAN Cotton,

has many

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The amazing strength of this cloth - 10 prevents the splitting which is a common fault of the featherweight MAC, and thus lengthens con- siderably the period of wear.

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The "HERCULITE” Waterproof.

Pricex $23.50 Loss 10% Cash Discount.

LANE, CRAWFORD, LTD.

Men's Wear Stylists.

THE HONGKONG TELEGRAPH.

THE

VAUXHALL

SYNCHRO-MESH

FAULTLESS GEAR

CHANGING

NOW

BEING DEMONSTRATED

AT OUR SHOWROOMS

HONGKONG HOTEL GARAGE

Stubbs Road.

DEATH

MONDAY, JUNE 26, 1933.

attempting to balance the Bud- got and create new sources of credit at the same time is main- ly a segregation of current ex- penditure from capital expondi- ture in the budget. The budget for "current" expenditure, he has balanced, to all intents and purposes. The capital expendi-

WAY OF ALL GOATS

HOW A RIDDLE WAS SOLVED,

By C. V.-L. for the Telegraph'

The Very Idea!

GIRLS, BE WARNEDI By Eddie Kelly, Chaperone. TO-DAY we are going to give some motherly ad- For Weeks I was held in and for an escort he has not a vice to all you girls who

handsomo policeman, but a quite ture items are placed in a the throes of a nerve-wrack-ordinary-looking fellow-coolle. accept rides in motor-cars "supplemental budget" now

with strange men. estimated at $5,200,000,000, in- ing uncertainty. The riddle

loomed as a growing ques- The Goat, the Rope, and, the Man,

Every day the act repeats itself. Girls, it isn't done. Be cluding $8,300,000,000 for. pub. lie works, $500,000,000 already tion mark in my moments of from being merely incongruous de- warned by your uncle Eddie. the Let our experience be a voted for unemployment relief wakefulness, and in the tails, gradually merge into

environments, and the friendly through the states, and $1,400,- hours of sleep it assumed the haw Billy, often sends to herald warning to you.

Bhis coming, in course of time bo- We once got into a flash- comes as much an accepted note looking motor-car with a strange as the much loss musical topt of

000,000 of other "nonbudget subconscious form of appropriations." This could not horrible nightmare. have been raised under the strict Republican "pay-as-you-

But that was the last seen of

that one Billy, or the countless other Billies gone before or who have since faithfully followed in

In the psychic vision I. be-a motor-car horn. go" policy. It is now to be held a long and silent pro- raised only by levying It largely cession of goats or were upon the future. From the con- they sheep?-all heading for servative (Chamberlain) finan-one point: a yawning chasm cial viewpoint the budget is still into which they all disap- unbalanced, but from another peared.

his footsteps.

They all went one way.

Doubtless it was the way lead-

ing to some rich pasture lost to view behind the big police barrack viewpoint the budget of ordinary Whence came this unending building.

Powers-That-Be, who see to all running expenses is balanced line of meek and Inoffensive things even unto the provision of and the public may know just beasts? And what could have one-way traffic: is it possible that put their farther back of that building there what it is borrowing for the war possessed them to Phone 23124. on depression. Moreover, the heads in that dark cavern which, is that other way out of the pasture cost of this borrowing is to be like the maw of some stygian for which all our Billies have been monster, could devour every-trotting with so much enthusiasm? But it appeared not so. Behind budgeted to balance over thing, yet could never be ap-

the building is only the Prison. period of years if the President's peased?

And in the Prison, the pastures al- In waiting anxiously, but as though undeniably rich, are all too plans are carried out. There is more than a touch of courage in it proved, vainly, for one-if it few for the droves attracted to the willingness to impose im- was vouchsafed there could be them.

only one-to return whence all mediately a tax which in had gone, I started up from a decade or so will retire the debt. troubled and feverish steep, and

CLARK. On June 20, in Shanghai, suddenly, W. C. Clark, manager of the Hongkong branch Millington, Limited.

The

of

A dreadful thought grew. One recent morning, after a night made hideous by uneasy dreams, there came to me a great resolution: to solve the Riddle of the One-Way Procession of Goats and so to end in- this state of continual dread and the doubt.

It is an earnest of Mr. Roosc-found myself bathed in big, cold velt's declared intention to prove beads of perspiration.

be that a liberal regime can practical in its financing as for as present-day finance is to be considered practical. He is pro- posing a sales tax, from which

our

Farther up the hill is the stitution where is. centred direction and machinery of

These Police officers had been very admirable Police Force. In helpful fellows.. They were effl- kesping with its Importance is acient deductors too, and perhaps bustle and activity to be seen every might be persuaded to help preserve

Hongkong Telegraph. certain necessities will be ex-day: uniformed officers and mea- the sanity of at least one of their

MONDAY, JUNE 26, 1933.

WORLD QUEST FOR RECOVERY

cluded in order that the weight sengers hurrying to and fro, and, most constant admirers? The day

occasionally, A shall not fall heavily upon those prisoner being hustled across the being gleefully transported from dejected-looking before I had scen.a red, raw skin

who can buy only necessities, big compound, and up the flight of the Station, with a foreboding of At the moment, the Roosevelt ateps leading to the adjoining Ma-evil I wondered, what had become of

the rest of Billy? programme seems to be achiev-gistracy and Prison.

Along the same path, Billy, the They put two and two together ing its purposes. Prices are Gont, makes his appearance. Every these efficient deductors and rising and the people are regain-day, and at almost the same hour, solved what has since been, known ing confidence--so much so that he can be expected with the same as the classical Case of the One- But they suggested that it was pected to rise every morning and millions of shares are changing certainty that the sun can be ex-Way Footprints. hands in New York every day, set every evening. He, too, is a one to be best propounded by one or a great speculative boom being prisoner in the sense that he is de- other of the specialists to be found

similarity ceases there... checked only by the constant prived of total liberty, but the amongst their Indian colleagues.

Billy is secured and led along by fear that something may still go wrong and leave the gamblers a rope Instead of being handcuffed, high and dry as they were in

Wages of Education

*

"Friend" said I to P.c.-Khan, when that officor could be found and we had exchanged salaams and handshakes. "Help an honest have big goats with fat bellies for trader to put over B deal. We gale: Do you think they can be allowed to go in there?"

man.

He said to us:, "You are out-

very late. Where do you live?" We said: "At the Y.M.CIA."? He said: "Are you married ?!'

So we said "Yes," and he said: "Well, you'd better come for a spin to Castle Peak with me; hop in!" Which we did.

It was not before he said to us: "I have run out of petrol, and I do not wish to change a $100 note. Can you oblige?"

It was about thirteen minutes later that he had a puncture, and nil we had to do was to hold two tyre-lovers and the tyre in three places while he jumped up and down on our Angers.

It was not long after that When we were called upon to take a turn at the starting handle, which we wore down With our naked hands to the size of a gramophone needle (loud).

We also pushed the car eight miles while the stranger But back in the front seat and juggled the Ignition switch gadget.

It was about this time that we said to the stranger: "We suspect you of malpractices and evil designs," and we walked home.

He must be about three days behind us, because he's got to No, girls. Don't accept rides in bring the car with him. motor-cars with strange men.

* *

*

AN OUTCAST.

We are an outcast.

Yet in all respects we are an honourable man. We do not belt our wife or pick our teeth with a bread knife. We are not a poet, "We can eat no kid's flesh except nor do we possess a dog with that which is prepared-by-our own rabies. We always smile at: hands," replied that worthy with a Indies as we pass them in the frigid dignity which discouraged street, and raise our hat. We business enterprise.

I thanked him for the Informa- The tion.

So that had been the end of Poor

have never committed murder or used the wrong fork. In all these things we are beyond reproach, yot we are treated like a shraff.

Nor are we a bailiff, hawker, in- ofsurance-collector or landford.

Yot we are an outcast.

ed men and women highly in- Billy and the hundreds of his We are not, incidentally, a shroff. dicates that it puts a high value brethren taken to the Station.

They had but gone the way, upon the things that educated all cible desh men and women have, to give. These figures are essentially a confirmation of the conviction that fundamentally mankind's sense of values is sound.

1

*

Laat night, for the first time in sleep belonging only to the just. weeks, I slept the sound, tranquil

I dreamt of kid curry.

Probably the most important resolution now before the World Economic Conference is that submitted by Senator Couzens. It urges close co-operation be- tween governments and their central banks with a view to the stimulation of business and

1929. The warning of the to be assessed in terms of money suggests that the primary steps Italian Finance Minister, Signor Nevertheless, it is gratifying to are the making available of cheap and abundant credit and Jung, may yet. be remembered. note that, even from the most

I pointed in the direction of the acceleration of the process of The weaknesses of all schemes superficial point of view, educa-

Inst Billy recovery by means of sychron- for bolstering up the present tion is emphatically a paying in- where I had seen our

economic system derive from vestment. It is particularly vanish. ous programmes of govern-

the same source, inability to gratifying because it shows that mental expenditure. In effect,

fundamentally there are more it asks for universal adoption of recognise that it cannot be made things right with the world than to work efficiently. Facilities perhaps one might imagine the internal policy of the

for abundant credit only mean a merely from reading the, head- Roosevelt Administration. It seems also to infer that if add-temporary stimulation at the lines in the daily press.

fact that the world pays educat- ing to the debt burden of the cost of piling up a heavier world along these lines does not burden of industrial debt, the lift us out of the depression, we cost of which will finally be might just as well all go down thrust upon the shoulders of the together. It would perpetuate consumer. They pour fresh the monopoly of creating money money into the market only to so carelessly delegated to the leave the disabilities for the banks, the privilege which, in next cycle greater still. the last analysis, is the funda mental cause of the present i crisis. It goes further, in the sense that it practically invites

The effect of education upon the banks to exceed the self- earnings is indicated in statistics imposed limits of creating new recently compiled by one of the money, normally governed by largest insurance companies in their experience of to what ex- Great Brtain. It appears that tent deposits are likely to be for every £100 earned after withdrawn in cash. It would

twenty years' service, by the strengthen the control which the great financial houses have man who leaves school at four- upon the growth and power and teen, the sum carned by the man whose education has been pro- activities of nations. Already the master of the situation, the longed for a further four years "servant" would become the is, on the average, £200; while complete despot. The methods the figure for the man or woman urged also bear a very curious who has had the highest kind resemblance to the proposals of training possible is £400. submitted to the Chancellor of After forty years' work the com- the Exchequer some months ago parison is still more striking. by Mr. J. Maynard Keynes, For every £100 earned by the and rejected, not for the reasons first man, the second earns, which we would advance but roughly, £300, and the third because Mr. Neville Chamberlain £900. These are only the latest remains too solidly the upholder of a long series of investigations of a financial rectitude based all pointing to the same result: upon economic laws which if It would be folly of the most not yet completely discredited, stupid kind to suppose that the are destined so to be. Mr. value of education depends on Keynes' scheme so closely fore the income to which learning shadowed the Roosevelt Ad-leads. The most valuable -pro- ministration programme that ducts of education-breadth of the latter may well be examined, outlook, a deeper understanding. What President Roosevelt has generosity of attitude, freedom achieved in the double tank of from petty prejudices are not

e've got to have a larger pla co if you're going to do all your

work at home,... I never can have anybody in.

Our family has practically dis-

owned us. The boy in the hotel would prafer it to be a bomb. We hands us our beer as though be have to lunch, and oven drink. alone.

We are an outcast.

We take no Interest In the body- line controversy.

#

PROFESSORS OF OBLIVION. The happicet people, those whom we should envy most, are the people who forget everything in an incredibly short time. What a procious gift is that!

The world is out of joint, but the memorising apparatus within our heads is too perfectly in joint, And that la the main cause of our woes It goes on recording with deadly efficiency, like a re- porter who takes a verbatim note- of some tiresome nobody's speech when all his paper wants is three lines, and when even those would bo better in the waste-paper Baskot

Elaborate systems have been dovised to help us in the molancholy task of remembering, but there is no academy, school, or college which has specialised in the much more useful art of forgetting.

....

We have no Chairs of Total Oblivion, no Professors of Extiro Forgetfulness; even though our Professors themselves are some times as forgetful, as could be desired.

No wonder that we dally raise the plaintive cry that civilisation la becoming too much for us-too large a thing for ds to grasp,

The only substitute at present available, and one which we de precate with all our might, ls that of strong drink, sometimes called epirituous liquor. Does anyone, however, consume that nowadays? It la much to be doubted..

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