1934-01-30 — Page 18

Boots

PURE DRUG CO., LTD.

OFFER YOU THESE AMAZING BARGAINS

IN QUALITY DRUGS.

THE HONGKONG TELEGRAPH.

MOTORISTS This will interest you 1.

THINKING

about a

Armstrong's Influenza

Family Liniment

$1.00

Mixture

$1.25

lodised Throat Tabs

.75

'NEW CAR?

Aspirin Tabs

:50

Milk of Magnonia

1.00

Asthma Relief

1.25

Palm & Olive Soap

Boracle Powder

.25

por tab...

.20

Bronchial Loxongos

.75

Pino Inhalant

Cascara Tabs

.50

Shaving Cream

Catarrh Pastillos

75

Shaving Stick

Children's Tonic

1.25

Throat Pastillos

1.00 .75 .75 .75

Here we have for your choico FOUR "VAUXHALL” MODELS all attractively priced. JUST CONSIDER THESE AND ASK FOR DEMONSTRATION..

Dyspepsia Tabs

Tincture of fodino

,80

1

Epsom Salts

.30

Tooth Pasto

.50

"VX" CADETS

Tourer

A. S. WATSON & CO., LTD.

SOLE SELLING AGENTS

FOR

HONGKONG & SOUTH CHINA.

Two Attempts

To Brighten Life In The Colony

ON THURSDAY, KOWLOON'S NEW THEATRE

THE ALHAMBRA

WILL OPEN WITH THE FEATURE FILM

"GOLD DIGGERS OF 1933"

And for your Nightly ENTERTAINMENT MOUTRIE'S offer you all The Popular Selections on Victor Records...

24322-"PETTIN' IN THE PARK"

"THE GOLD DIGGERS SONG"

Roy Bargy and Whiteman's Rhythm Boys, 24346-"THE SHADOW WALTZ" (With Vocal Refrain)

Don Bostor and His Orchestra.

24315~~THE GOLD DIGGERS SONG (With Vocal Refrain)

Leo Reisman and His Orchestra. THREE RECORDS YOU WILL THOROUGHLY ENJOY.

S. MOUTRIE & CO., LTD.

York Building.

Tel, 20527.

"Chater Road,

WEDNESDAY:

31 ST.

LAST DAY OF SALE.

FINAL

REDUCTIONS.

25

%

Discount.

MANY BARGAINS

ARE, STILL OBTAINABLE.

REMEMBER THE DATE.

LANE, CRAWFORD, L

SILVERWARE DEPARTMENT

TD.

TUESDAY, JANUARY 30, 1934.

NOTES OF THE DAY LOOKING BACK The Very Idea!

A COCKPIT CLOSED DOWN

AND FORWARD

By "SENTINEL”

ANNUAL MEETINGS:

By Eddie Kelly, Bored of Directora

WHEN Mr. Kelly's attention was

drawn this morning to the several annual meetings that will. be held in Hongkong this month, he decided that he might just as well be in the running, so he's formed himself into a limited liability company.

A particularly strong and in-

control the destines of Edward Kelly Buential Board of Directors will Inc., as the new Company will be. callod, Mr. Edward "Pierpont" Kelly, the well known financier, kan been appointed Managing Director, while on the Board are Mesars. E "Rothschild" Kelly, Tod "Van- derbilt" Kelly, Ned "Sassoon" Kelly and Ed. "W, D. & H. 0.” Kelly, Q. B. E., E. & O. E. Mr. Eddie Kelly has been appointed Secretary.

Nothing at present discernible can minimise the importance of tife ten-year pact of non-aggression concluded between Germany and Poland. All the war alarmiste of Europe for twelve months past have been pointing to the Polish Corridor

YEAR- ago I discussed the saviour of his country. "Every as the next and almost immediate

economic outlook for 1983 in organised, articulate class," Wo cockpit. That catastropha is put off for at least ten years a decade what was thought by many of my are told, "is getting hand-outs in renders to be a spirit of utterly the name of recovery, some no In which wise statesmanship can

unwarranted optimism. Whenever doubt defensible, but others of operate and see that it never comes, No happier move has been made by a period of deep depression has more than doubtful value. The Herr Hitler since he assumed con- occurred in the past (e.g., as a unorganised, inarticulate classes trol of the Reich. It marks the sequel to the era of Napoleonic will pay the final bill." They al- beginning of diplomatie negotin-warfare) there has been a widely-ways do under any sort of do- tions which in the nature of things current fear that it would never mocracy. The Franklin Roosevelt come to an end, and false prophets monetary policy, however, is not must take considerable time and it provides the time for them to be have foretold the complete break-Jan unmixed evil for Europe, since down of civilisation: A parallel European debtors have the advan- accomplished.

to such unreasoning pessimism is tage of "alxty-cent. dollars, with the optimistic bellof that, contrary the cheering prospect of a fifty- A VALUABLE START

to all the object-lessons of history, cent, or even better, a spinach There are two major Issues in

a period of great prosperity will dollar to come." dispute betweeen Germany and Pobe Indefinitely prolonged. HK$2,950 land, those concerning Upper Silesin and the so-called Polish, Corridor. Standard Saloon

3,600 But if the spirit which dictated the Up to 1920, when the sudden financial crisis and are recovering LIGHT SIXES

non-aggression pact continues to live crash came, every American was from the industrial depression-to Standard Saloon..HK$2,940 they should not defy a peaceful convinced that poverty and unem- what extent remains to be seen. solution in time of peace. No-one ployment had been finally and for Now that even the smallest nation Tourer Do Luxe

denies the knotty nature of the pro- over abolished in "God's own coun- manufactures all it possibly can blems bound up in these questions. try" Our cousing three centuries for itself so as to provide work But the recognition that the solu-and three thousand miles removed for its population (that is the for which this meeting was got the same pleasure from con- overruling motive of what is called has now passed we will ask ourself to read the tion is not to be found in war le a valuable start on the way to the templating the perplexities of called "economic nationalism") correct solution. What may have poor old Europe that Lazarus in foreign trade can never regain its.

dimensions. It is the Notice convening this Meet- Paradise, according to mediaeval been started as perhaps a more move on the diplomatic chessboard, may be elevated into a step of transcendent significance in the future of Europe. For it must follow that if German-Polish rela- tlons were, a few weeks or months

2,940

HONGKONG HOTEL

GARAGE

Stubba Road (Showroom) PHONE 27778-9

ANNOUNCEMENT.

on

The marriage between Ernest Henry Marriott and Matilda Florisa Pereira will take place at the

Church, Kowloon, Saturday 10th February 1034, at 3 p.m.

"No invitations are being and but all relatives lasued, friends are invited to the eare- mony and afterwards to the reception at No. 26 West Terrace, Kowloon Docks.

Hongkong Telegraph.

TUESDAY, JANUARY 39, 1984.

PERSONAL GAIN OR

•

We have recovered from the

former

"Mr. Edward Pierpont Kelly has "favoured us with an advance_copy of the Report and Balance Sheet, which will be presented at, thờ Annual Meeting next wook:

G

eschatologists, derived from look-statesman's arst duty, then, to ing

the monopoly of their own home Ing down at the flaming angulah secure for the people of this island market and to develop our trade. of Dives.

ENTLEMEN (the Re- port reads): As the time

As the copy of the Balance

read.

We think, gentlemen, that we

In point of fact the year now with the Crown Colonics, especial. Sheet has been in our hand running out has more than fully those capable of expansion, by for some days we will, with alled my hopes. There has been a means of tarlifa, prohibitory f ago, the worst danger to peace on the Continent, the complete relaxa-slow but sure decrease in the need be. The loss of the Indian our permission, take them as tion of tension must offer a great volume of unemployment, and our market to Lancashire, which was opportunity for thoughtful peace- great industries are recovering. the work of stupid sentimentalists, Trade has revived and the revival was a crime.. Delay in safeguard- making.

will be continued during the coming our Colonial markets will be will agree with ourself that 1933 Was a particularly unhappy ing year. There can be no doubt equally criminal.

year. During the early part of WHY NOT ELSEWHERE?

that our new fiscal policy has

But we must faco the fact that the year we suffered a severe

these mensuras The German-Polish non-aggression helped to bring about this salutaryl

are but setback owing to tho' refusal of pact gains added interest and im- change by giving our industries a portance as the first concrete action larger share of their home mar palliatives of unemployment. It our financiers, the Hongkong and Even those doctrinaire springs, as Sir Alfred Ewing re. Shanghai Hotels Ltd., to honour taken by Herr Hitler in implement-kets. ing the policy of peace which he economists who, like the Bourbons, cantly pointed out, "essentially our signature. The credit balance has so vigorously proclaimed to the have forgotten nothing, and learnt from the inevitable advance of in our Sinking Fund amounted to stern logic of applied science, which year by only $6.63 when this happened, world in all his speeches during nothing from the twelve months in which his circumstance, no longer proclaim year increases the efficacy of the and, as you are aware, as a Sinking every word has been studied the morits of so-called Free Trade automaton, enlarges the range of Fund, this amount allowed us to its activity, and improves its sink only five bottles before our for ita inner menning. It with the old enthusiasm.

quasi-skill, so that more and more source of supply dried up. clearly more than

It supersedes the craftsmanship

Fortunately, This season's Christmas trade and oven the unskilled labour of gesture. It definitely confirms the atatus quo-subject to peaceful

man." That is the great economic negotiations in one of the most

problem of to-day; all the other explosive regions of Europe. And a number of firms, large and small problems are but symptoms. If friendship of several people con- it should bring a new hope and a and it is generally admitted (with it can be solved, we can only solve nected with this excellent establish new confidence. The speed with two or three dissentients) that its it from the national standpoint, ment, which delicate discussions have volume has been much larger than And the greatest danger for the

We explored several channels- been brought to happy conclusions was the case last Christmastide. near future consists In the should inspire greater reliance in But, owing to diminished price, growth of an anti-national party. cial resources of the Company, but with a view to adding to the finan- the Reichschancellor's peaceful. In the money value does not show

the world-wide . economic, de- tentions although his Own honesty and sincerity have never been questioned as have those of some of his lieutenants and lead to a much improved atmosphere all round. If the deep-seated German-Polish animosities can be overcome, why not elsewhere?

CHURCH CONFLICT

of

Is

Д

in London furnishes some useful object-lessons. I have consulted

*

the Hongkong Brewery opened during 1933, and we have assidiously cultivated the

of

SERVICE? Dean Swann, addressing the

any marked advance. I and some. When the National Government Rotary Club some little time

of my friends have been surprised, came into power, securing enorm- pression through which we passed back, expressed the view that

even shocked, by the auperabunous majorities oven in Labour in 1988 hampered us to a consider. overseas trade, organised com-

dance of certain foreign products. strongholds, it was thought that ablo extent. We endeavoured to petitively for private gain, is

As regards cheap toys there was Socialism had been finally dis- sell our body to the University for one of the principal causes of

some excuse for the cartoonist who posed of. It is true that the end vivisection purposes, but the au- var. The thought, though not

presented Santa Claus as a little was indicated of the old bureau- thorities demanded the body be a new one, is well worth ponder

Japanese gentleman in furs and a cratic State Socialism which had fore payment. An application to large white beard.

for its alm the gradual reconstitu- Robert MacWhirter for a loan of ing over. It has been made by

tion of society "in accordance with 50 cents met with a terse and Socialists time and again, and

Everywhere the course which the highest moral possibilities," humiliating refusal, nor were our only just recently Professor

The German Church con has rescued the world from de- to quote from the Fabian mani-efforts to rifle a wristlet watch Nicholas Murray Butler express- troversy has taken a new turn.pression many times in its history festo put forth nearly fly years (broken) - successful. ed the same idea in relation to a Defeated in his attempt to brow has proved, or in proving, effec-ago. But, as recent by-elections Fortunately our overhead ex- nation's internal trade. He beat the whole of the Reich tual. In this country the curve show, the revolutionary form of penses, were low, as we surrepti warned his hearers that society priesthood into what amounts to reached its lowest point at the Socialism has been gaining ground lously lifted a tourist's hat from is going to disintegrate unless abandonment the Church beginning of 1932, and in the everywhere as the result of an in- the lounge of the Hotel carly in some way is found of subordina- Spiritual, Bishop Mueller is now United States a year later. Even ceasant and intensive propaganda. the year. ting the profit motive. Here concentrating on the Church in while everybody was panic-stric- the nature of which seems to be

Prussia. What better hopes ofken the specific remedy, the re- unknown to the patriotic citizen... On the other hand, we had we undoubtedly touch the key

success exist, even with the aid valuation of assels and readjust-The Labour candidate of to-day several "unexpected strokes problem of the present difficult of General Goering, defy compre-ment of debts, was being applied. does not openly declare it "a high fortune. A rich uncle died in and perplexing era. We live hension. If there is true religion We at any rate avoided inflation honour to be called a Bolshevik," Australia during the year, and cut to-day in and under a social sys- in Prussia, nothing can drive it so far as possible, though it wasna did some of the organisers of us off with the proverbial shilling, tem which depende for its func-out Herr Hitler's attitude is advocated by those wishing for a the General Striko in 1928. He is At the then curront rate of ex- tioning on the motive power significant.. He

not pre redistribution of wealth, which is anything but a Menshevik. how change this worked out at 74 pared to intervene against as difficult to arrange by any ever, and is really a member of a cents. supplied by the lure of profits. Bishop Mueller, a Nazi-appointed speedy process as would be the Hitherto, this system has work- Primate, but neither is he inclined redistribution of brain-power. ed fairly well, and, so far, man- to permit the belief that he is kind does not seem disposed to meddling against the orthodox. The present Roosevelt, it would throw it completely over. Yet Christians in the battle of con- scom, is no longer regarded as the the uncomfortable fact has to be victions. faced that the very force which keeps the machinery function ing is a force which can wreck everything unless some way is found of regulating it. Part of this regulation can be provided by law, as in the nationalisation of certain industries and public utilities. But in the main, re- form will have to come, if at all, from a changed mental attitude on the part of people. This at- titude will have to be based on the idea that work should not be wholly done for personal gain, but also because of the service rendered to others. Incidental. ly, the Rotary motto of "Service strong sympathetle sentiment re Before Self" is based on this dent Roosevelt ignore it?

mained and remains. Can Presi

That concept. The trouble is, how- is the question:

ever, that whilst many people

are willing to pay lip-service to

SILVER OFFENSIVE

Wheeler's silver amendment fall- It was a great pity that Senator ed to get past the Senate.

Jile scheme for raising. the price of the white metal was so daringly conceived that in a country where

a thousand million dollars

one

way or another does not seem to

where boldness in excess remains matter much these days, and a virtue, it was worth an experi ment. It may indeed be that the last has not been heard of it. Two votes turned the scale and the President got them by Senator Robinson's special pleading. The

this ideal, the personal element man who has a living to make soon begins to assert itself and can follow to the benefit both of is apt to outweigh all other con- himself and of those about him. siderations. Yet the idea that In the larger field of national the service rendered is more im- policy, States can do much by portant than the money made placing the people's well-being need not be regarded as a wholly above other factors, Russia Utopian conception. There are, claims that she is doing this in fact, already somo callings with marked auccess. The world where it is accepted and en- at large is not yet ready to fol- forced. The medical profession low this lead, but the disordered is one, and there are others as state of society under capitalist well, in which incomes could be rule is beginning to raise the enhanced by anti-social acts, query whether, after all, there But doctors and others have is not some better way than learned that the ideal of service that which most of us have come to society can be a real and to accept as the inevitablo active thing-an ideal which a method of human advancement,

revolutionary organisation.

I made a close study of the new Socialistic propaganda during the (Continued on Page 10.)

but what would she bo, without a good director?"

Our Research Department made an important discovery abortly after the beginning of the un-

financial year, notting us an un- expected profit of $1.80, which was discovered in the pocket of a pair of pants we had not worn since the previous winter. This, plus an unobliterated four cent stamp we received on an envelope-con- talning an account from one of our principal creditors, led us to be- lieve that wo would be enabled to declare an interim dividend in June, but unfortunately we bet rather heavily on Hongkong in the cricket Interport, losing no less than $2.50. By evading payment for our monthly Star Ferry ticket we were able to carry on until wo realised on some frozen assots, namely a pak-a-pu tiekot (old) which we sold to a tourist as on. original signature of Sun Yat Bon's, and a pawn ticket, which we sold to an investor for 60 cents.

Just before we closed our books. at the end of the year, we experi- enced another entirely unexpected Anancial gain, our two slices of Christmas pudding each contain- ing a ten cent bit.

As you will ace, goûtlemen, by referring to the balance sheet, there is no balance whatever. Under the circumstances there will be no dividend, but wo under stand that warrants - aro:ready. Those may be obtained from the bafiis immediately he can got in touch with Shareholders,

'That, gentlemen, concludos our Annual Report and Balance Sheet, ad we would like to thank ourself? for the attentive manner with? which we have lietoned to our, woy are afraid, rather gloomy state- ment.