1934-01-30 — Page 6

Boots

PURE DRUG CO., LTD.

OFFER YOU THESE AMAZING BARGAINS

IN QUALITY DRUGS.

THE HONGKONG TELEGRAPH, TUESDAY, JANUARY 30, 1934.

MOTORISTS. This will interest you!

THINKING

Here, we have for your choice FOUR "VAUXHALL" MODELS all attractively pricad. JUST CONSIDER THESE AND ASK FOR DEMONSTRATION.

about a

Armstrong's Influenza

Family Liniment

$1.00

NEW CAR?

Mixturo

$1.25

Todland Throat Tabs.

.75

Aspirin Tabs

.50

Milk of Magnosia

*1.00

Asthma Relief

1.25

Palm Oliva Soap

Boracic Powder

.25

per tab...

Bronchial Loxanges

.75

Pine Inhalent

Cascara Tabs

50

Shaving Croam

Catarrh Pastillos

.75

Shaving Stick.

.20 1.00. .75 .75

Children's Tonic

1.25

Throat Pastillos

.75

Dyspopala Tabs

JS

Tincture of lodino

.80

Epsom Salta

.30

Tooth Pasto

.50

"VX" CADETS.

LTD.

Tourer.

Standard Saloon

A. S. WATSON & CO.,

SOLE SELLING AGENTS

FOR

HONGKONG & SOUTH CHINA.

Two Attempts

To Brighton 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 COLD DIGGERS SONG"

Roy Bargy and Whiteman's Rhythm Bays,

24346 "THE SHADOW WALTZ”. (With Vocal Refrain)

Don Bestor and His Orchestra.

24315 "THE COLD DIGGERS SONG (With Vocal Refrain)

Leo Reisman and His Orchestra.

THREE RECORDS YOU WILL THOROUGHLY ENJOY.

S. MOUTRIE & CO., LTD.

York-Building-

Tel. 20527..

WEDNESDAY

31 ST.

Chater Road,

LAST DAY OF SALE.

FINAL REDUCTIONS.

25

%

Discount:

MANY BARGAINS

ARE STILL OBTAINABLE.

REMEMBER 'THE DATE.

LA ANE, CRAWFORD, † TD.

SILVERWARE DEPARTMENT

LIGHT SIXES

Standard Saloon Tourer De Luxe

NOTES OF THE DAY LOOKING. BACK

A COCKPIT CLOSED DOWN

Nothing at present discernible can minimise the importance of the ten-year pact of non-aggression- concluded between Germany and Poland. All the war alarmists of Europe for twelve months past have been pointing to the Polish Corridor as the next and almost immediate cockpit. That catastropha is put off for at least ten years-a decade in which wlso stateamanship can operate and see that it never comes. No happler move has been made by Herr Hitler since he assumed con trol of the Reich. It marks the beginning of diplomatic negotia- tions which in the nature of things must take considerable time--and It provides the time for them to be accomplished.

A VALUABLE START

AND FORWARD

By "SENTINEL"

The Very Idea!

ANNUAL MEETINGS

By Eddie Kelly; Bored of Decetors

WHEN. Mr. Kelly's attention wax

drawn this morning to the sovoral, annual meetings that will be held in Hongkong this month, ho decided that he might just na: well be in the running, so he's formed himself into a Imited liability -company.

A particularly strong and in- fluential Board of Directors will control the destines of Edward Kelly Inc., as the new Company will be called,

Mr. Edward Pierpont" Kelly, the well known financier, bas been appointed Managing Director. while on the Board, are Mesaro- E. "Rothschild" Kelly,. Ted "Van derbill" Kelly, Ned "Sassoon” Kelly and Ed. "W. D. & H. O." Kelly, 0. D. E, E & O. E. Mr. Eddie Kolly has been appointed Becretary.

YEAR ago I discussed the, saviour of his country. "Every economic outlook for 1983 in organised; articulate class," we what was thought by many of my are told, "a getting hand-outs in rondera to be a spirit of utterly the name of recovery, some no unwarranted optimism. Whenever doubt defensible, but others of a ported of deep depression has more than doubtful value. The occurred in the past (eg., as a unorganised, inarticulate classes sequel to the era of Napoleonic will pay the final bill." They al- warfare) there has been a widely- ways do under any sort of de- current foar that it would never mocracy. The Franklin Roosevelt come to an end, and false propheta monetary polley, however, is not have foretold the complote break-an unmixed evil for Europe, since down of civilisation. A parallel European debtors have the advan- to such unreasoning pessimism la tage of "sixty-cent.. dollars, with the optimistic belief that, contrary the cheering prospect of a fifty- to all the object-lossons 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 Po-be indennitely prolonged.

We have recovered from the HK$2,950 land, those concerning Upper Silesia and the so-called Polish Corridor.

Up to 1920, when the sudden.financial criels and are recovering 3,600 But if the spirit which dictated the

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

denies the knotty nature of the pro-ever abolished in "God's own coun-manufactures all it possibly can blems bound up in these qucations. try". Our cousins 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 is a valuable start on the way to the templating the perplexities of called "economic nationalism")

the Notice convening this Meet- correct solution. What may have poor old Europe that Lazarus in foreign trade can never regain its

mero Paradise, according to mediaeval former dimensions. It is been started as perhaps a

secure for the people of this island. may be elevated into a step of ing down at the flaming anguish the monopoly of their own home move on the diplomatic chessboard, eschatologists, derived from look-statesman's Grst duty, then, to ing.

As the copy of the Balance market and to develop our tradeSheet has been in our hand transcendent significance in the of Dives.

HONGKONG HOTEL

GARAGE

Stubbs Road (Showroom) PHONE Z7778-9

ANNOUNCEMENT.

follow that if German-Polish rela

making.

WHY NOT ELSEWHERE?

*

•

70

Mr. Edward Pierpont Kelly has favoured us with an advance copy of the Report and Balance Sheet, which will be presented at the Annual Meeting next week: LENTLEMEN (the, Re- port reads): As the time

G

future of Europe. For it must In point of fact the year now with the Crown Colonies, especial- tions were, a few weeks or months running out has more than fully those capable of expansion, by for some days we will, with ago, the worst danger to peace on filled my hopes. Thore has been a means of tarife, prohibitory, if our permission, take them as

read. slow but sure decrease in the need be. The loss of the Indian market to Lancashire, which was the Continent, the complete relaxa- tion of tension must offer a great volume of unemployment, and our the work of stupid sentimentalists, We think, gentlemen, that we Trade has revived and the revival was a crime. Delay in safeguard will agree with ourself that 1933 The mairlage between Ernest Henry opportunity for thoughtful peace-great industries are recovering.

Marriott and Matilda Florisa

was & particularly unhappy will be continued during the coming our Colonial markets will be Pereira will take place at the

year. During the early part of Rosary Church, Kowloon, on

Ing year. There can be no doubt equally criminal. Saturday 10th February 1934, at

that our new fiscal policy has

But we must face the fact that the year we suffered a severe No invitations are being 3 p.m.

all these measures are but setback, owing to the refusal of The German-Polish non-aggression helped to bring about this salutaryl fasued, but all relatives and friends are invited to the cere- pact gains added interest and im-change by giving our industries a mony

and afterwards to the 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 honoui reception at No. 20 West Terrace, taken by Herr Hitler in implement-kets. Kowloon Docks,

Ing the policy of peace which he economists who, like the Bourbons, cently 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 world in all his speeches during nothing from the stern logic of applied science, which year by only 35.63 when this happened, his circumstance, no longer proclaim year increases the efficacy of the and, as you are aware, as a Sinking which months h word has been studied the merits of so-called Free Trade automaten, enlarges the range of Fund, this amount allowed us to Ita activity, and improves its sink only five bottles before our for Ita inner meaning. It with the old enthusiasm.

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

it supersedes the craftsmanship

Fortunately, the Hongkong gesture. It definitely confirms the This season's Christmas trade and even the unskilled labour of status quo subject to peaceful in London furnishes some useful man." That is the great economic Brewery opened during 1933, and negotiations-in one of the most object-lessons. I have consulted problem of to-day; all the other We have assidiously cultivated the 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

future been brought to happy conclusions was the case last Christmastide.neur.

consists in tho

with a view to adding to the finan- should inspire greater reliance in But, owing to diminished price, growth of an anti-national party cial resources of the Company, but

does not show

the world-wide economic de- the Reichschancellor's peaceful in tentions although

the

Hongkong Telegraphi.

TUESDAY, JANUARY 30, 1934.

twelve every

18

more than

Д

PERSONAL GAIN OR SERVICE? Dean Swann, addressing the

the money value hla own any marked advance. I 'and some When the National Government pression through which we passed back, expressed the view that honesty and sincerity have never of my friends have been surprised, came into power, securing onorm- in 1933 hampered us to a consider- Rotary Club some little time

10.

*

Is not intervene

■

of

been questioned as have those of even shocked, by the superabun-ous majorities even in Labour abla extent. We endeavoured to overseas trade, organised com- some of his lieutenanta-and lead dance of certain foreign products, strongholds, it was thought that petitively for private gain, isto a much improved atmosphere As regards cheap toys there was Socialism had been finally dis- sell our body to the University for one of the principal causes of all round. If the deep-seated some excuse for the cartoonist, who posed of. It is true that the end vivisection purposes, but the au- war. The thought, though not German-Polish animosities can be presented Santa Claus as a little was indicated of the old bureauthorities demanded the body be- fore payment. An application.to Japanese gentleman In furs and a cratic State Socialism which had Robert MacWhirter for a loan of a new one, is well worth ponder overcome, why not elsewhere?

for its aim the gradual reconstitu- 50 cents met with a terse and large white beard. ing over. It has been made by

tion of society "In accordance with Socialists time and again, and CHURCH CONFLICT

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 raffle a wristlet watch

(broken) successful. Nicholas Murray Butler express-troversy has taken a new turn. pression many times in its history festo put forth nearly fifty years ed the same idea in relation to a Defeated in his attempt to brow has proved, or is proving, elloc 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 surropti- warned his hearers that society priesthood into what amounts to reached its lowest point at the Sociallam has been gaining ground tiously lifted a tourist's hat from is going to disintegrate unless abandonment of the Church beginning of 1982, and in the everywhere as the result of an in-, the lounge of the Hotel early in some way is found of subordina. Spiritual, Bishop Mueller is now United States a year Inter. Even cessant and intensive propaganda, the year.

on the Church in while every body. was panic-stric-the nature of which seems to be ting the profit motive. Here concentrating

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

success exist, even with the nld valuation of assets 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 was as did some of the organisers of us off with the proverbial shilling. tem which depends for its func-out. Herr Hitler's attitude ja advocated by those wishing for a the General Strike in 1928. He is At the thon current rate of ex- tioning on the motive power significant. He

pre redistribution of wealth, which is anything but a Menshevik, how change this worked out at 74 to pared supplied by the lure of profits.

against as difficult to arrange by any ever, and is really a member of a cents. Hitherto, this system has work. Bishop Mueller, a Nazi-appointed speedy process as would be the revolutionary organisation. ed fairly well, and, so far, man-

Primate, but neither is he inclined redistribution of brain-power. kind does not seem disposed to throw it completely over. Yet 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 la Wheeler's silver amendment fail It was a great pity that Senator found of regulating it. Part of ed to get past the Senate.

1118 this regulation can be provided scheme for raising the price of by law, as in the nationalisation the white metal was so daringly of certain industries and public conceived that in a country where utilities. But in the main, re-

a thousand million dollars form will have to come, if at all, way or another does not seem to these days, and from a changed mental attitude matter much

where boldness in excess remains on the part of people. This at-

a virtuo. it was worth an experi- titude will have to be based on mont. It may indeed be that the the idea that work should not last has not been heard of it. Two be wholly done for personal gain, votes turned the scale and the but also because of the service President got them by Senator rendered to others. Incidental- Robinson's special pleading. The ly, the Rotary motto of "Service strong sympathetic 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

to permit the belief that he is meddling against the orthodox The present Roosevelt, it would Christians in the battle of con- scom, is no longer regarded as thei

SILVER OFFENSIVE

one

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 nced not be regarded as a wholly above all other factors, Russia Utopian conception. There are, claims that she is doing this In fact, already some, callings with marked success. 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 acta, 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 inevitable active thing-an ideal which a method of human advancement.

I made a close study of the new Socialistic propaganda during the (Continued on Page 5).

"Yoa, but what would she be without a good director?"

Our Research Department made an important discovery shortly after the beginning of the Jun- financial year, netting 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- taining an account from one of our; principal creditors, led us to be- love that we would be enabled to. declare an interim dividend in June, but unfortunately we bot rather heavily on Hongkong in the cricket Interport, losing no less than $2.60. By evading payment for our monthly Star Ferry ticket wa wero able to carry on until we realised on some frozen assots. namely a pak-a-pu ticket (old) which we sold to a tourist as an original signature of Sun Yat Son's, and a pawn ticket, which we sold to an investor for 50 cents..

Just before we closed our booke at the end of the year, wo experi enced another entirely unexpected financial gain, our two slices of Christmas pudding each contain- Ing a ten cent bit,

As you will neo, gentlemen, by referring to the balance sheet, there is no balance whatever. Under the circumstances there will be no dividend, but we under- stand that warrants are ready. These may be obtained from the bailiff immediately ho can get in touch with Shareholders. “

That, gentlemen, concludes our Annual Report and Balance Sheet, nd wo, would like to thank ourself for the attentive manner with which we have listened to our, we are afraid, rather gloomy state- ment.