1934-10-02 — Page 18

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The

Hougkong Telegraphi.

TUESDAY, OCT. 2, 1934.

CHINA'S CURRENCY

GRIEVANCE There has been quite a flutter in bullion circles at the news

TUESDAY, OCTOBER 2, 1934.

NOTES OF THE DAY

IRELAND'S ARENA

tive.

STARVING THE WAR: IN GRAN CHACO

By PHILIP NOEL" BAKER

•

The Very Idea!

AUNT EMMA RELIEVER

(By George). EAR GEORGE,

DEA

I was sorry I was

As it was I had to read the speeches in the papers and am

It was auch n relief to hear that Wanchai is to have a new market! would have got anything to ent One wonders how the poor dears

at all if the Government had not baon so thoughtful,

General O'Duffy, that colourful- and capable Irish patriot, sworn enemy of the De Valera regime and militant exponent of a united Ireland, has joined the growing | 667MHE, sonseless loss of life, { Yet both armies are fighting for Army of Fascism. Nearly two

the utterly, unjustifiable victory-with an indomitable cour years ago, however, General imposition of human suffering and age which European soldiers have unable to attend the budget O'Duffy, who

was then rallying the meaningless destruction of the not excelled around him a powerful political best resources of men and materi- "Nature," says the British sol- meeting last week as I hear faction to be known as the Army al of these two countries (Bolivia dior I have quoted, "has added a that the elocution was of a Comrades' Association, gave Interview which definitely dis- Paraguay) have endured al- fierce steamy heat in summer and

ready too long. I do most whole-dries up her water supplies in win-particularly high standard closed the trend of his activities. heartedly urge upon the Council to ter, withholding from the district and that the performance While he was not out-and-out seize this opportunity of bringing all natural means of support for Fascist at that time, he admitted them to an end." So said Mr. either man or beast.......Water lasted over two hours. the attractiveness of certain of the Anthony Eden, British Lord Privy for the armies must be transported Fasciat doctrines. He has now Seal, roferring to the Chaco war, in drums from inadequate wolls decided, because of opposition at the seventy-ninth meeting of far in the rear, arriving het, green within the ranks of the United the Council of the League of Na- und brackish to the taste. It is Ireland Party, to raise a banner tions, last May.

strictly rationed, and an unquench loft with the conviction, shared, of pure Fascism. Whether he will

In the modern world, whatever able thirst is accompanied by the I trust, by my fellow ratepayers, succeed in gathering to him

of Washing may have been true in times gone impossibility

for that our honourable representa- Attacks by aufelently powerful organisation by, all wars are "gonseless." No months on end. to upset the present Government, war can servo, no victory can both sides have swelled the total tives do take a keen interest in or whether he will merely cause promote, the true interests of the casualties to many thousands, their work despite the impres a weakening of the Opposition, it peoples who are compelled to All the hastily improvised hos- sion created by their remarks, is too early to foretell. In some light. It is not an accident that pitala I visited were crammed with respects it may seem that General O'Duffy has been vacillating, but, when wars are over the settle-sick and wounded, whose suffer- actually, although he has wheeled mente arrived at do not, for the inge were accentuated by flos, his line of march, his destination ect about which the quarreling Only the most serious cases stood

most part, even mention the sub-heat, and shortage of water.. is the same. "We want a dis-

bogan.

a chance of 'getting out of the ciplined and well-governed coun-

In the modern world there is Chaco area back to civilization." try," he has said, "and then always and indeed, since men hope to get North Ireland to join arst invented arbitration there al- us." There is no reason to sup ways has been-a batter way to

This is Impressive first-hand

Sunday was a great day for the pose that he has altered his objec-deal with international disputes. uvidence of the horror and futility

crew of the Hai Leo where a recep- And of all modern wars, none has of the struggle. Let me add to it tlon was held on board. The been so utterly foolish, none so the evidence of the impartial Com- unique spectacle of taipuns smok- ANATHER EXPERIMMENT

develd by any code of public mission of the League of Nations, President Roosevelt. like a good ethics, of all rational excuse, as which recently concluded their ex-ing Goldflake and refusing cham- many others, is disgusted with a the present war between Bolivia haustive study of the whole prob- pagne, was witnessed and "still condition of affairs which is con- and Paraguay.

lem. on the spot. They too are the wonder grew" when our repre- tinually throwing the

sentative ventured a sip of the United Let me olte in support of this agreed that the war is as futile as States into a state of tension and assertion the evidence of a die-it is disastrous. "To speculate on liquor and found there was partial paralysis when Labour tinguished British soldier who the possibility of a solution found falls out with Capital. It has been visited the Chaco front some upon the battlefield," they say, "is nothing wrong with it.

Truly the taipan as a found that an appeal to the good months ago: "As far as the eye not merely to adopt an attitudo sense of disputants in these in- can reach stretches a vast unincompatible with the spirit of the remains as enigmatical and mysteri dustrial quarrels has little or no habited expanse of semi-tropical League of Nations, but also in this effect. Now President Roosevelt forest, impenetrable, hot, and particular case, inoked at from the ous as the Yaoshanicus arcus, or, is going to try another experiment, practically waterless.. So most narrowly realistic angle, to more familiary the Carp of Kwang- and it will be a lesson for the dense is the undergrowth that one attempt an adventure replete with || tung. world if it succeeds. He is going Is confronted with the spectacle of dangers." They say that the strug

And talking of this, we hear to bring together representatives 80,000. men groping blindly for glo is "singularly pitiless and of every branch of industry, of each other's throats in a region horrible": that it "represents a that someone has discovered an- the capitalist and labour ranks, where it is as easy to get lost in veritable catastrophe to the ad-other missing link.

vance of civilization in that part Our proposed Press, Charity Ball and ask them stay there until they one's way in n London fog, have drawn up a system of work- Ench army is hoping that the other settlement leading to a permanent was because we were on the com- ing conditions, wages and hours will crack under the strain of log of frontiers would be mittes or someone else wasn't has which will be acceptable to all of supporting itself, for a military de- better than a temporary solution not been made clear. them. It may be that no agree cision appears to be impossible in by victory) even for the country

that was victorious."

Well, that's all for to-day from ment will be reached, but if the auch environment...

It is evident, as indeed all President's power is great enough

The war has already lasted two your

Faithful,

Aunt Emma. and it would seem to be--bo authorities are agreed, that this years or so, and there is no reason can keep them in conference until country is not only uninhabited for thinking that ofther of the they reach some sort of combut, for most purposes of normal contending nations will shortly promise. Success will make pos-life, uninhabitable. The most "crack." In the 1860's Paraguay

years against sible the removal of the danger of superficial study of the geography fought for strikes from the immediate hori- zon and allow industry to budget with some degree of accuracy. NOT LYING DOWN

class

that China has seen fit to make put them into a conference room No Man's Land as it is to of America"; and that "an arbitral was aqunahed though. whether this

representations to the United States concerning the effect on silver of the latter's monetary policy. Although one of the arguments advanced in favour of measures for raising the price of silver was that the step would have a beneficial effect on China by increasing her purchasing power, China herself does not seemingly view the matter in that light. She complains of the hardships caused by the fluctuation of exchange and the drain of silver, and has invited the United States Government to co-operate with her in auch

Bee.

American shipping Interests, meanwhile, have been disturbed by the British challenge on the

Atlantic. It appears that they were not aware of it, or at least not aroused, until the new Cunard White Stor liner Queen Mary was Mr. actually launched. Now O'Connor, former President of the

advocate,

an

A SEASIDE SHOCK. of the region shows that there are alliance of her three most power

From England only two real interests of any kind ful neighbours, and the war was involved. First, there may be an not ended until two-thirds of her

Everyone of you will be terribly oil field in the Chaco. The war male citizens had been killed, shocked to learn of a disgraceful began and has continued only be- Bolivia and Paraguay may well spectacle seen at an English soa- cause two rival international oil continue Üghting until they com- side resort. We can only hope concerns have given the contend- promise the prosperity of their that the like will never be seen ing governments the money they peoples for generations to come here. required. Second, there is the It is of argent importance,

A young girl was soon to enter River Paraguay, which gives a therefore, that this war should be navigable access to the sea, and quickly ended. It is a matter for the water wearing a bathing cos- have an unrestricted right of way. proposed that the members of the below her knees, consisting of a down which Bolivia would like to rejoicing that Mr. Anthony Eden Cure reaching from her neck to League should impose an embargo long, full skirt and long frilly. on the export of arms to the two trousers below. As only her face, U.S. Shipping Board and a "big

There seems to be no clear view parties. We must rejoice that the arms, and feet were exposed, it Government to site U.S. $100,000, among the experts as to whether, Council of the League agreed to was obviously of pre-Edwardian 000 to construct gigantic American even if they could be exploited, the the proposal, that the neighbour origin. ships which will be able to-com-

aro commercially states have promised to carry It The behaviour of the crowd on pets against the British and Euro-worth while. But what is clear is out, and that President Roosevelt, pean luxury craft with some hope this: neither oil nor access to the on behalf of the greatest country the beach was equally deplorable, of success. Besides, he says, en can be worked satisfactorily not a member of the League, has There was a general stampede to without real international co actually imposed the embargo for the water's edge to get a good. ships of great tonnage and high speed would be useful in war-time, operation between Bolivia and which Mr. Eden asked. We must view of the brazen creature.

rehope that the embargo will bring and convertible to fighting ships, Paraguay. The co-operation

Deck chairs were smashed to That's an angle of ship-building quires good understanding--and the war to a speedy ond. We must bite. Five rowing boats were that everyone does not consider.

every day of

war puts off the rejoice, whether it ends the war capsized and the occupants rescued moment when such good under- or not, that other nations have at with difficulty. A stout gentle- standing can be brought about.least been willing express their man, who had removed his WHO RULES THE AIR?

As recent history in Europe has disapproval, and to forgo the pro- shoes and stockings to paddle out surely shown, a victory, for either alts which the sale of arms might sido can only postpone it for an bring, indefinite time,

(Continued on Page 5),

measures as are deemed neces- sary.

At the same time, the Nanking Minister of Finance vigorously denies the rumours that she intenda either placing an embargo on silver exports or adopting the gold standard. What else China can do off her own but, short of the two courses which the Minister of Finance Bays she does not in- tend to adopt, it is difficult to If America's present policy is really causing her injury, the reason is mainly to be found in the fact that China's currency is based on silver, and, even quite apart from America's policy, it is obvious that a currency so based must be subject to fluctua- Yesterday, we published a brief tion. The point therefore arises comment upon the necessity of whether it is reasonable to ex- control of aeroplane construction, pect the United States, to modify even of ships to be used in com* her policy solely in the interests morcial enterprises only. In the. of China. One difficulty is that mad economic all-ngainst-all war- the Roosevelt Administration is

fure that every nation is waging, restrictions of the foreigner's use pledged to assist the United of the national dir le a handy States silver interests and, in weapon, either for political or pursuance of that promise, has economic reprisal or to further the not only undertaken to provide a roal or fancled interest of one's 25 per cent. silver backing to

own air industries. Moreover to- currency, but has gone a step other as a potential enemy, and as day every nation regarda every further by actually nationalising "the next war" is going to be in silver. Before the 25 per cent. the air, common prudence and backing becomes an actuality, patriotism in this Bodlam demand the United States will still need on political grounds the hamporing to purchase a very great deal of of your neighbour's air-business to silver, and it is doubtless this the best of your ability. Is there circumstance which is causing any way out? There is, a clear certain interests to act on the and simple perhaps for a world of and simple one, too clear indeed belief that prices are not likely madman to adopt. International to sag. There are, however, 80 Transport should be internation- many ramifications and com-alised. If the League of Nations plexities in these monetary mat could fulfil no other valuable pur- ters that the future must of pose, it is essentially necessary as the ultimate controlling body of necessity be, shrouded in A

all civil aviation or at any rate measure of uncertainty. In-

of the great international alK- cidentally, the report that China liner business now under national bus at any rate contemplated the control. Not only would commer: possibility of abandoning silver cial flying thus become ration- in favour of gold is not without alined, but that hideous nightmare Interest to

---warfare, in the air-would then. Hongkong. Tha

and then only, be effectively Commission which tackled. Currency came to the Colony nearly four years ago made certain specific recommendations whereby Hong- eventuality. We are thus left [kong would be in readiness to to wonder what the position of change the basis of its currency this Colony would be were China in the event of Ching" adopting to make the change over-night. the gold standard... Nothing The matter ja one which might however, appears to have been well engago the attention of the [done to prepare for such an Government.

pil resources

"Agnes, did you ever take a good look at my profile?"

to take a photograph, was swept out to sea and has not been seen since.

The shameless action of this abandoned girl caused consterna“? tion in the Council Chombar. It: is thought if this sort of behaviour is allowed to spread it will keep visitors away. Nobody will think It worth while going thore for a holiday. The shopkeepers have. sent in a strong protest against their customers being allowed "to wear anything they lika on the son front.

In an interview, the girl bather

In question maintained she was just an ordinary, simple, innocont little girl, carefully brought up, and that she had no desire to at- tract attention to herself

"I would

never have grannlo's bathing,costume,” she said, blushing slightly, "if I had, known people would consider it. Immodeat. It

my, fun!”

at it was just

worn.

Fun indeed Was it fun to mako an old lady, sitting peaceful- ly in a dock chair humming "Dalay Bell," have a fainting fit, and her companion the hiccups? Was it fun to make the retired, major on? the pler drop his binoculars into the son and so spoll the rest of his holiday it

The Mayor declared that he por- sonally objected to such costumes because they left everything to the Imagination. "What?"

Aldered decent in perpipra mother's time he commented, fiercely, twirling his, gold-mibert, "Pisn't nearly good enought for this}

foru, place.