1933-07-17 — Page 6

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THE HONGKONG TELEGRAPH.

"A PURE UNDILUTED

JOY-

"The Vauxhall Cadet In powerful, roomy and com. fortable car and it possesseu two obviousadvantages. One, a silent second, must appeal alike to expert and novice. The other. the Synchro-Mesh gear changing is to novices, like myself, a pure undiluted joy." So writes this Synchro-Mesh enthusiast. Try it for yourself-you cannot make a bad "change!" Smooth acceleration declive braking, steering that is effort- fets and ample power-all these you will find in the Vauxhall Cadet.

You will use less petrol than you'd expect Modern lines, riding comfort, luxurious coachwork, tasteful colour schemes, headlights and radiator flutes in gleaming chromium, mark the Cadet as being a distinctly different car. Prices from £295. Arrange for a trial

130.

MONDAY, JULY 17, 1933.

NOTES OF THE DAY HOW THE WAR DEBTS

HAVE GROWN

By HAROLD G.. CARDOZO

that

The Very Idea!

IN

ECONOMISING

By Edward "Abigail"-Kelly. N these times of financial misery, it looks as if it's up to us to issue a couple of clarion calls.

What we women must do now that the dollar is rising is economise.

Wo did an Injustice to Mr. G. C. Pelham in creillting him with only two years' service in China. Be- fore taking up his appointment at the Legation in Peking, Mr. Pelham spont some time in

The debts which are hampering | 'nstalments to the United States, England, in the Department of world trade, and creating an but has actually paid over and above Overseas Trado, with the result artificial flow of money which has that amount, and therefore from and the pockets of the British tax that his name did not appear in nearly ruined world credit, the China Consular list for 1930- have been mainly responsible for payors, an extra sum of £200,000,-

the present world economic depres 000, 91. Prior to that, however, heslon, may be classified as follows: It is interesting to recall, the wae, we understand, attached to

due figures given at the Balo. Experts 1. Reparations payments the British Consulate-General in

by Germany to Great Britain Conference. They showed Tientsin, first as clerical officer

Girls, be frugal, like us. and the other Allies which Germany, in making her payments, amounted at the outset to had merely been using borrowed Strike while the iron is hot, anti- and later as Vice-Consul Latter-

money all the time. The United ly he has been attached to the

£8,000,000,000.

States had lont to Europe, and the clothes are all damped down. office of H. M, Commercial Coun- sellor in Shanghai. It was very far from our intention to dlacount Mr. Felham's services, although the now facts disclosed do not change our view that unicas, Mr. Pelham has some: surprises in store for the Colony, the appoint- ment of a consular official as the British trade representative In Hongkong provides no cause for enthusiasm.

THE FLYING ARMADA

2 Inter-Allied debts and debts mainly to Germany, during the owed by the Allies to the period when reparations were actu- United States and amount-ally being paid over, £800,000,000, of while Great Britain had lent to ing to a grand total £3,062,600,000.

Germany further sums amounting. to over half this amount.

3. Debts owed by the old Imperial Russian Government, but repudiated by the Soviet Government, amounting to £685,009,000, of which two- thirds at least wero. ad-

The reparation payments were imposed on Germany to make good

If you have been used to wearing silk stockings go with- out. If you wear silk dresscs, cut 'em out If you've been in the habit of wearing ribbon in your hair, get your hair bobbed When the boam period came to If you continually wear pink-. an end, when Germany could no But let it det let it lie, longer borrow abroad, either for

AFTER THE BOOM.

her private commercial bills or for There's too much spendthriftish- yanced by Great Britain, her public debt instalments, reness in Hongkong to-day. Once upon a time women were content if parations broke down.

This fact was clearly recognised their b.f's took them to the ple- they want suppor the actual loss and damage caused and duly stressed in the report of tures. Now by war. The inter-governmental] the financial expert at Bale which afterwards.

Girls, we can't do those sort of loans were means of carrying on the was issued just before Christmas General Balbo and his flying war, and their product was mainly 1931. There was the germ of a things any longer. We've got to armada have completed their spent in buying shells, guns and total debt cancellation plan when economise.

corned Onion pickles with our flight from Rome to Chicago. A food. The story of the Russian the experts recommended that, if

reparations were to be abolished, beef may be okay at Government it would not be fair to put the House, but for the likes of you and cyule may point out that it has debts, needs no explanation.

whole burden on the European us it savours too much of self- creditor nations who, in their turn, indulgence.. to complete, the journey taking

In this connexion it is interesting were debtors to the United States. We've worked out a method of longer than the sea trip. But the to note that while the total Allied

At this stage it is interesting keeping à family of ten or there- flying armada was not out to break debt to the United States, Including to consider exactly how this abouts on ten bucks a week. speed records. The flight Was post-armistice loans, amounted to

the European indebtedness to

Food, of course, is the main item, naturally one of propaganda, but £1,949,000,000, Allied purchases and United States stands at present. and for our gimlets and angel's it also had bohind it the spirit of payments in the United States be- The principal settlements of war kisses we'll have to rely

tween April 1917 and November

VAUXHALL taken the Italians fourteen days

CADET

THE CAR WITH THE GILKY PERFORMANCE

BONGKONG HOTEL GARAGE. (SHOWROOM)

international Phone 27778-9. Stubba Rond.

BIRTH.

CURRIE-At the War Memorial Hospital on July 16, to Betty, wife of N. M. Currie, a son.

The

Hongkong Telegraph.

MONDAY, JULY 17, 1988.

AMERICA'S HARVEST,

goodwill. It Wa 1920 were as large as £2,378,400,- debts made by the United States boys.

are contained in

am-000.

spectacular because it was bitious, but it was carried out In other words the Allies actu- with little fuss and with so much ally paid into the United States afficiency that the whole world £423,800,000 more than they bor- stands by and applauds. The arrowed. rival of the armada in Chicago has set the seal of success upon the World Fair. In this mieston alone the flyers have every reason to be satisfied with themselves,

THE DAVIS CUP

Debt.

Amount Remitted

GENEROUS BRITAIN.

.

table:--

the following

Debt. Amount Remitted

on the

We have drawn up a menu for the main meal for every day in the week. For the other meals, we are also relying on the imagination of our readers.

1 lai chce

1 cucumber 1 banana

Gt. Britain .£920,000,000 $162,400,000

All that is needed to provide din- The following table shows clearly France....£805,000,000 $400,000,000

.......£408,000,000 £308,000,000 nera for the week is: how much the debtor Allica States, Italy owed Great Britain and the terms While we let off our principal I pig's head 1 potato the British Government granted debtor, France, by asking only a 1 fish

1 apple them for the repayment of debts present value of £255,000,000 out of

1 ezg by annuities:---

n total debt of £600,000,000, thus remitting the huge sum of £345,- 000,000, our own position with re- Two dollars will easily cover the France .£000,000,000 £345,000,000 gard to the United States as shown (lot and leave something over in case Italy

£560,000,000 £478,000,000 by the above table is very different. of unexpected visitors. C. E. R. CRISIS

The United States Treasury has MONDAY: Pig's head (boiled), Britain has advanced another Jugoslavia. £25,000,000 £15,000,000

Greece £21,000,000 £10,000,000 been demanding from us annuities banana bolled in jacket, grated The clumsiness of the at-stage in the Davis Cup. Through

TUESDAY: Pig's hond soup, tempts to persuade the Soviet to Austin, Perry and Hughes, she has Rumania... £18,400,000 £10,400,000 of a present total value of £767, cucumber.

Portugal... £20,000,000 $12,000,000 600,000, out of a total debt of

6920,000,000, and is thus letting us devilled pig's ear, stuffed lai chee. capitulate in the negotiations for qualified to meet America in the the sale of the Chinese Eastern Inter-Zone final. Although English-

off only £162,400,000, or 18 per WEDNESDAY: Crumbled pork cont, of our obligation. Great Bri-with mashed potato, fried apple. Railway does not render the men have cause for pride and satis The British Government erred tain is letting off France 57 per · THURSDAY: * 'Pig, curry situation any the less dangerous. faction in the achievement, one on the side of generosity. But it cent. of her debt and Italy as much garnished with cucumber rind, ap- At the Conference itself, the cannot help but feel that Australia was calculated that these payments as 85 per cent.

ple core with cream (face or shav- Manchukuo delegates, gently made It casler for Britain with the reparations Germany

But in the dreary history of debt |ing). prodded by their Japanese pro- than was expected. With the re- should have paid us would equal the discussion there came the bright

sum that the British Treasury was interlude of Lausanne. There the fish with other half of potato, FRIDAY: Scale - soup, bolled tectors, are finding it appropriate sult obviously depending on the due to pay the United States. to pretend that the basic ques-doubles match, Mr. Youdale, the

European debtor and creditor na butterless bread and butter pud The German reparation debt tions looked facte in tion at issue is not the sale of

the face.

ding: the railway, but the sale of such Australian team manager, would originally stood at the figure of They all saw that in reality no debts

SATURDAY: Stufed scrum- was com-wore being paid, but only fresh ones partial-interests in the railway have been justified in some £6,600,000,000. This

blod-egg-with fish.........gravy........(sce.... Friday) and tea leaves, baked ap as she admits the Soviet owns. courageous experimenting. Craw-muted, however, after a series of made.

UNTOLD LOSSES.

ple pips. At Harbin, Mr. Li Shao-keng, ford was as necessary to form part breakdowns of payments, by the Dawes Plan, which provided for Manchukuo chairman of the ad- of the doubles combination as 56 annuities, averaging £100,000,-

SUNDAY: Roast pig skull, Germany had been paying repars- ministrative board, threatens to gasoline is to keep a car running: 000 each.

tions, but had been borrowing the other half of egg with tooth paste oust all Soviet officials on the McGrath, Quist or Turnbull could

Germany finally paid Great Bri-money from the United States and garnish, iced arsenic.

Always save your bath tub water pretext that they are engaging have played with him and any of tain and the Allies up to the date from Great Britain to do so. The in sabotage. In plain English, the combinations would have given of the Lausanne Conference of last Allies were taking as reparations for stock. Never clean pots and

Hughes and Perry something to year the sum of £625,000,000. All money which they received from pans. It wears them out. the Manchukuo authorities are worry about. As it was they had this money, with the exception of the United States, were paying it Other little economies can be informing the Soviet that unless

for in- gift match. The most sur about £100,000,000 retained by back one to the other, and finally practised. With soap, they are prepared to dispose of rising feature of the series was France as reparations, has been all of it was going back to its atance. When washing, never wash their interests at a ridiculous the generally low standard of passed on to the United States original source, America. The the lather off the body. Let it dry figure, they may be faced with play. Even the victorious English-Treasury.

process was entailing untold loss, into the skin. Next time the body

A

a new situation, the seizure of men cannot regard their work The British Government has paid and was restricting credit. And will only need moistening and the railway out of hand. Russia with complete satisfaction, and out not only all that it has received nobody was one fota the better rubbing, and the lather will re-

(Continued on Next Columne.) has been moderate in her price Improvement is essential if the from reparations and Allied debt. requirements. She computes next hurdle is to be negotiated.

the cost of the railway at a

figure in excess of 400,000,000

roubles. She is prepared to DAWN OF A NEW WORLD hand over entire control at a price of 260,000,000 roubles, composed of one-eighth in cash, three-cighths in bonds and one half in goods. It seems a rea-

Recurrent prophecies of the "end of the world" are apt to leave the majority of mankind cold. There have been so many of them, sonable offer and Russia's good and all, according to the popular interpretation of this event, bave intentions can scarcely be called been disproved. But it is at least into question. But she is not a matter of more than passing allowing Tokyo to pull wool over interest that one of these pro- her eyes. While desiring a phecies should have coincided with

meeting peaceful settlement of all causes the

of the World of dispute in the Far East, Economic Conference in London- Moscow takes advantage of the which set out in the belief that it presence in London of M. Lit was the most comprehensive, far- reaching and authoritative con- vinoff to remove all danger of a ference the world has ever known. war threat upon her western The advanced, thinker of to-day is frontiers. She establishes de- very generally coming to realise finitely friendly relations with that the world we behold and ex- her neighbours in the west perience is primarily ono of through a series of clearly- thought, that matter is merely This' be- worded non-aggression pacts. hypothetical substance, This step is hailed as a diploing so, the end of the world" must matic triumph for M. Litvinoff, be primarily montal also. We were thereford reasonably hoping It is also a political triumph. that there was some truth in Few there are who can doubt current prophecy, and that wo that Russia's hurry. was wore about to see a great change dictated by her concern of thought, the end of an old

davelopments in the world and the dawning of a new

M. Far East.

Litvinoff's the ond of an old world in which activities in London were little war and fierce economie competi less than subtle warnings totion socmed natural and inevit Japan and the fact that they able, and the dawn of a new world based on growing understanding have made no impression must of the brotherhood of men and appear as a danger-signal rather nations. At the moment, it would than as a sign that Japan will seem nearer the truth to suggest eventually get her way, accord that the world may come to an ing tombianaskanje okhave said and through a descent into chaos, before in the past Lów weeks, the

over

situation will bear cara. termaet his problems aquardly in the

Interest of all humanity.

appear. With care, one rubbing of soap should last a month. In win- ter time, of course, „much longer.

Great saving in gas may be made, by going for your life for as long as you can and then having it cut off. The one gas bill will then last for years.

As regards landlorde,, time-pay- ment collectors, and other odds and onds which we have grouped as "extras," these should be kept go- ing, even in the most rigidly economical household. It is always nice to have someone calling around. One must not neglect one's social" life, and, after all, it's easy to say, Biff off, and "No chance, old son. don't slam the gate,"

Politeness costs nothing. Next week we will explain how to knit a jumper for a family of.

12 out of a cast-off gas mantle.,:

anve, perhaps, the banks who hand». led the transfers.

Lausanne therefore decided that reparation payments should come to an end, and that Inter-govern- montal debta should also come to an end, providing that some satis- factory arrangement could be made with the United States. DIE

She is the last creditor.nation to sland out, ga

Everybody else has agreed to wipo. debts off their books and to start afresh.

Everybody is agreed that that is the only sano policy, and the only polley which will bring back pros- perity and will enable the, prosent World Economic Conference to bo crowned with success,

It is to be hoped that the United States also will now bring her con-

common.sacrifice and endeavour.