1933-11-24 — Page 6

A) BURKE

QID TOM GIN

"White Satin” Gin!

BURNETT'S

CELEBRATED

"London, Dry" and

"Old Tom". Gins.

AS WATSON&Oətal

ON SALE AT ALL THE LEADING COMPRADORES OR

FROM THE AGENTS-

A. S. WATSON & CO., LTD.

EST. 1841.

ANNOUNCING

A NEW MOutrie upright piano

"THE NATIONAL"

Price $500.00 Nott.

Specially designed and constructed to meet the demand for a high grade instrument at a moderate price.

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Terms if desired.

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York Building.

Chater Road.

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For All Occasions.

Morning and

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From $39.50.

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Evening Wraps

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LARGE STOCKS OF THE NEWEST AND MOST STYLISH COWNS AND WRAPS ALWAYS AVAIL- ABLE FOR YOUR SELECTION,

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LANE, CRAWFORD, LTD.

THE HONGKONG TELEGRAPH. FRIDAY, NOVEMBER 24, 1933.

S

PARTON

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"HONGKONG HOTEL

GARAGE

SHOW ROOM. Phone 27778-9.

DEATH.

Stubbs Rd.

BELL-AL $74, The Peak, on the morning of the 24th November, 1833, Darn, the dearly beloved wife of William Henry Bell No Blowers or letters of condolence

NOTES OF THE DAY

C.E.R. QUIET

WHITHER AMERICA?

By SIR WALTER LAYTON

Tonalon in the Far East has slackened perceptibly in the last few weeks, although the Asian sceno has not yet ceased to bo a vivid. reminder of the struggles for power which dominated the end of the nineteenth century. · In those days, Britain and Russia were the rivals. To-day, Japan la the principal. Different times,

The new device took the form different principals; but the same

to restore prosperity in America of n announcement old game. Twelve months ago It

on the low level to which prices Government recently that looked as though Japan were to have fallen except after long would buy gold mined in America. She years of depression and of in- This is not to be confused with have things all her own way. seized Manchuria and was taking dustrial and agricultural adjust-stabilisation of the dollar in terms

ment.

the last four years has been rose during the summer boom to feature of the iron and steel industry, which THE outstanding the excessive fall of prices, 55 per cent. of capacity (after hav which has gone to a greater ex-ing been about 15 por cent. last tremo in America, than anywhere January) and has now fallen back to 31 per cent. of capacity. Hence else.

The fall has reduced farmors the search for a new expedient. and other debtors to bankruptcy

POLICY. and compelled banks to closa (3) THE NEW GOLD their doors,

steps to secure control of the

But Chinese Eastern Railway. for some reason, direct action was

eschewed and the opportunity al- lowed to slip. Some months ago, Russia was offered a sum for the railway which Moscow would have entertained gladly a few months earlier and negotiations have end- ed in deadlock. Yot Japan' pre- serves caution and the threat to solze the railway has been dia creetly forgotten.

SOVIET STIFFENS

New developments,

now

at

It would be next to impossible

directly. Ho

hae,

of, gold.

by the

The effects of falling prices of gold, for each day the official have been so clear and so disas price has been higher than before trous that President Roosevelt and it is clear that the intention has been led, over since he came is to depreciate the dollar in terms into office, to try to influence the

What precisely is in the mind prica-level therefore, paid too little attention of the President it is impossible to say at this distance. But this to the economic and political plan is clearly in close affinity to cnuses that had produced the that section of American opinion To, influence prices he has al-which has been loudly preaching ready tried two expedients, and that if only the dollar were de- prociated to the value of 50 conta, has now announced a third.

prices would inevitably riso,

crisis.

(1) PSYCHOLOGICAL

STRATEGY.

This conception, however, may have at least three different meanings.

(1) One is that the dollar should have only the purchasing power that 50 cents had, let us say, at the beginning of the

year-in

The Very Idea!

BREEDS THERE A MAN WITH SOUL SO‘DEAD

By Eddie Kelly, Mormon. XXE rend with interest the

other day that Austral- ian farmers have proved that the Alsatian dog has crossed with the dingo, or bush dog, the resultant half- breed being particularly. sheep and dangerous to other animals,

Wo are more than interested in this paragraph, because we have often had suspiciofis that something like that is happening in Hongkong. Hence, we ask our readers to be not at all sur prised if they read something like the following in their local newspapers one of these days:

"An Alantian mosquito yesterday attacked and killed Mr. Poobah Peakite, while he was playing golf at Deepwater Bay. The savage creature, a result of cross-breeding.

The fret was the psychological! expedient of May and June last, when, after leaving the gold standard, the President took per titudes. An excellent wheat har-missive powers to Inflate the cur- other words, that prices should the ferocious Dendrompinas greys rency. There was much talk of double and the dollar depreciate and Alsatian dogs, not only attack- ed Mr. Peakite, but swallowed three America's determination to raise in terms of goods.

(2) The accond is that the dollar of his golf balls. Now that a terme of resident of the Peak haa boon the the price level, and the resources of publicity were enlisted beliind should depreciate in the assumption that, if only the foreign money.

victim of one, of these savage : In the spring It was thought public believed prices would rise, the rise would in fact take place. that this was the key, to the situa- creatures, it is felt that the govern- the dollar ment will take some action regard- To some extent this assumption tion, and that if only

vest has given the Kremlin new courage. Maxim Litvinoff, aided by the travall of European politics, has made Soviet Russia freah friends, now joined by Washing ton. The stiffening of the Russian

by special request. It will be front against Japan fills the world proved correct, for there, followed depreciated enough on the interna-ing the proposed sterilisation of all

In-

во

appreciated f

It friends who would

with forebodings. Not 80 much have sent flowers will send a small donation to the Hongkong for what it signifies in the relation Ladies Benevolent Society "In of these two great powers, but for Memory of Dora Bell."

The what it means in world politics. funeral will pass the monument at 5.00

p.m,

to-day, Friday. The situation is becoming a kind (Straits and Shanghal papers of vortex, drawing nations please copy).

exorably into It. Britain, stendy a friend to Japan during the Manchurian trouble, fa irked by the Island Empire in competi- tion for the world's import trade

has in cotton textiles. It

even been suggested that on this ac- count alone the British would not take a Russo-Japanese clash amiss. France is at the crossroads, An-

The

Hongkong Telegraph.

FRIDAY, NOVEMBER 24, 1933.

PREMATURE?

an outburst of speculation on the tienal exchanges the prices lovel mosquitoes." Stock markets and in the markets In America must rise. Experience for wheat, cotton and other pro- has proved this wrong. Events In Great Britain after our departure ducts,

··

"A pet Hare, which escaped from But prices will not stay high from the gold standard in 1931 its owner a month ago, has crossed unless there is plenty of purcha- showed that the disturbance caue with an Alastian dog, and the re- aing power in the markets where ed by instability of the exchanges

the products are normally bought, is just as likely to depress prices sultant crow-breed is now menac- and for the American farmer this in other countries as to improve ing the whole of the mainland. means not only the home market, the situation for the country Kowloon residents, terrorised.. by fallen in the vicious attacks by this Alsatian but the market in foreign coun- whose currency has

The rise of prices tries.

was, value. therefore, overdone, and a setback (3) A third meaning is to lower

occurred in July.

the value of the paper dollar in The public have learnt from terms of gold.

Now if there were some natural this opisode to have a little less faith in the power of suggestion or permanent link between the to influence the price-lovel, and value of gold and the value of all prices consequently now show less other commodities the set of mak- announcement than was the case would mean that prices of goods six months ago. (2) RECOVERY

Hare, are fleeing to the protection of the Island. Peter Poorpants, the well known local sportsman, had

a terrifying experience with the vicious animal, when he came across it on Sunday. Poorpants

Wha

Thus far, the Fukien revolt xious to cultivate the Kremlin as responsiveness to Mr. Roosevelt's ing gold dear and dollars cheap eventually able to escape, suffering.

has not developed to an extent

a counterweight to Berlin, she is warranting the view that it need far from anxious to upset Japan. be taken very seriously. Indeed, With the Japanese. Navy supremo unless a marked change soon In Asiatic waters, France must occurs in the situation, the move ponder the future of Indo-Chins,

CAMPAIGN.

in dollars would also be high.

GOODS AND

GOLD,

severe injuries, and His cries for help brought the aid of a party of hikers, who, with some difficulty, despatched the animal. Owing to the state of his trousers, and the In the second place," in order to But there is no such ink be-presence of ladles in the hiking ment may quickly fizzle out. It and will think about that posses- create a more solid basis for ris-tween goods and gold even when party, Poorpants was unable to. appears to have been premature- sion increasingly under her nowing prices, the President tried to a country is on the gold standard; give any assistance." ly launched, in the belief or hope Premier, M. Albert Sarraut, of support which has not been

a expand purchasing power at home and when, as is the case at pre- forthcoming. Yunnan-and former Governor-General. She by means of the National Industrial sent, gold is no longer the standard,

"Week-end fisherman in Hong- Kweichow, which, in any event,

Recovery campaign. This plan variations in its price have no has been going to great pains to tried, by shortening hours and more effect than variations In kong have discovered a new varlety were not likely to be important remove any suspicion lingering in increasing wages, to compel em the price of any other commodity of worm which, when thrown into factors, have denied their as- Tokyo over the Herrict mission to players to put more money into It Is not even the most important the water at the end of a line, sociation with the révolters, Moscow..

the hands of their workpeople and of commodities. whilst hopes that Kwangtung

so to stimulate demand.

America's total stock of pold, for savagely attacks and holds the might have been brought in

But the permeation of an ecou-example, is worth about 4 billion nearest and biggest fish. In the omic system by fresh spending dollars. The capital assets of the belief that this worm is the result power is a slow and complicated United States in 1029 were worth of cross-breeding with Alsatian business; and the immediate re-about 300 billion dollars. Financiers from Paris are alter-sult was that costs of production

Or again, if we take production, dogs, the name "Alsatian worm" ment and charging it with being nately reported to be ready to lend rose before prices went up, profit the annual output of gold in the has been given to the creature, in disappeared, and employers were United States is worth about 45 handling which great care has to be definitely Red in character. The money to Manchukuo and to fact that Canton's allegiance to sist Japan in exploiting what may compelled to reduce output and million dollars; the output of all taken to avoid being bitten."

to hold back their plans for ex- goods and services in 1929 was Nanking has for some years been yet be a new Klondike in north-panding business.

80,000 million dollars.

thinking largely nominal was no doubtern Manchuria. Where does the

The turnover of trade is, there- If, therefore, we are

States, It is cumstance by the revolters. of the Soviet Government appear barometer, such as the output of considered as a favourable cir-United States and her recognition fore, dwindling again, as can be only of the United

seen from the behaviour of a trade natural that a rise in the price | ALL

(Continued on Page 7.) Even so, it looks as if there is in this struggle 7 Moscow says as a little prospect of the South stabilising force, meaning of course, linking itself up with the move-

would seem to be disposed of AND AMERICA?

by the declaration of the South-

West Kuomintang Executive Committee denouncing the move-

as

ment. Kwangsi is likely also to as a kind of moral backer of Russia remain aloof, so far as present against Japan. It would be inter- indications go. Largely isolated eating to know what M. Litvinoff as the new regime is, there is has been given to understand con- little at the moment to suggest cerning the role to be played by that the secessionists will be Washington. The United States able to extend their influence, has her own little problem with True, they have the apparent Japan, but it will not be composed backing of the 19th Route Army, by encouraging the Kremlin to be- but there are grounds for think-lieve, as it has sedulously wished ing that Tsal Ting-kai and his to believe, that the United States

not the invincible | would be the other half of a pair- Army that they were at the of nutcrackera in which to prison time of the Shanghai-troubles, Japan. High polities on this or In which, and since that time der will bring civilization to the at Yenping, they suffered heavy rocks if it gathers too many losecs. The position of the Red cruits.

men are

armies in Klangai is somewhat

obscure. Nanking report al-

leges that the new regime has CHURCH FINANCE come to terms with the Reds, on

that

re-

It has sometimes been affirmed a basis which suggests they may, for a consideration, that the Church of England has keep out of the picture. The neither an identity in the eyes of exact position has, however, yet the law nor an address in those of to be disclosed. Any real link- the Post Office. Its constitution ing up with the Reds would, of will become a little more compact course, put a more serious com-if two main branches of its re- plexion on the situation than is venus are "rationalised" in the way recommended by the Archbishops' warranted at the moment. Commission, Tho Ecclesiastical Nanking is apparently determin-Commissioners and Queen Anno's ed to attempt a suppression of Bounty are by this scheme to be the movement by force, and, amalgamated at an early date, so once action is begun, it should that one agency, may sulfco be possible to gain a better idea work which has heretofore been of the real strength of the re-done on parallel lines and much to It should bo volt. If it is merely a piece of the same murpose, Internal plotting by dissatisfied a gain to the Church in several ox-politicians, without much aspects to have Its financial situa milltary backing, it should soo tion, clarified as a unification

mfist help to do: recede into losignificance.

for

"I think that's her last year's cont made over, but you would

ever gu cas It."

•

WIMMEN

See Nothing, Hear Nothing, Teil

HOME LIFE

We used to wonder what fim stars did when they were able to enjoy homelife away from the ear of the microphone, and the staring. oye of the camera. Since then, we've read a lot of 'illustrated journals which are dumped into Hongkong, and we have learned a lot.

The home-life of the film star is a busy one. She is forever getting rendy to cook things. Many's the photograph of a film star we've seen in her kitchenette--sometimes' it is the butler's pantry-beating up something in a basin. One cannot see into the basin, so we have nover learned what it is they beat. What ever it legalad dressing, omeletto... or soup-powderit knows its place. In something like a thousand photo- graphs of this particular bit of home-life, not onch lus the stuff in tho basin dared to splash over the prelty kitchen apron worn by the star,

Pet animals, are another source of amusemont. Nearly every act ress has her, pet elephant, crocodile, porcupine, or tiger cat, which she cuddies in her arms.at the Identical · moment the photographer happens. to drop in for a

for a yarns

The male star's life is a little. different. They import mounhing Into their homes to climb up on." You see them in the photographs;" porched on the tops of these lofty peaks. Or clso they are sented In motor cars. And it seems that they havo a frush car for every photo

graph.