10
THE HONGKONG TELEGRAPH.
COLORUL SALE
clearance
ONLY 5 DAYS MORE
Everything Must Be Cleared
Printed Check Silk 30 Ct. Yd.. Heavy Quality
"Printed Georgotte
Printed Crepe
60
50
•
++
"
Printed Georgette
(double)
70
Cotton Forguson
Fabric, Striped, for
Men's Embd. .Kimonos
$3.00 Men's Dressing
Gowns. From $3.00 Men's Shirts, Socks, Tie and Hdkfs, to
match
$2,50
Shirting.
65
Cotton Ferguson
Pure Crepe de
Chine
Printed
Fabric, Striped, for
Scarves
$1.50.
Men's Pyjamas ..
40
Plain Silk in all
Brocade Georgette
65
colours
$1.00 for 3 yds.
Crepe Elephant
(double)
Plain
Chiffon
40...
Velvet, All Cols.
Embroidered Crepe
36":
de Chine Pyjamas
Cotton
Houri Coats
$3.50 yd.
$1,00
: From $2.50
Printed
From $2,00
Printed and Emb:
Kimonos From $2.50
Embroidered Silk
Shawls,
ROOM 307-ST. FRANCIS HOTEL
GRAND OPENING
TO-DAY
HAROLD LLOYD
as a mis ionary's sont
from China, who re
turna to America to find a wifel
QUEEN'S ROAD INEXT DAIRY FARMI
KING'S
AT
THE
BOOK NOW
aughter is ONLY THE HALF OF IT!
aughter
UNA MERKIL
200
an the political
chief who afecta
Hardki Miye
a fluke!
this sembled t
Butch
For
HAROLD LLOYD
Every thing
new
but these
Produced by the HAROLD LLOYD CORPORATION
.
A FOX RELEASE
THE CATS PAW
with
UNA MERKEL GEORGE BARBIER NAT PENDLETON ALAN DINEHART
GRACE BRADLEY GRANT MITCHELL
From the Saturday Evening Post Story
by CLARENCE BUDINGTON KELLAND
Duced by SAM TAYLOR
LONDON PRESS UNANIMOUS OVER "THE CAT'S PAW"
"I HAVE SEEN IT TWICE ALREADY AND I CAN TRUTHFULLY SAY I ENJOYED IT EVEN MORE-AT
THE SECOND TIME OF SEEING THAN AT THE FIRST." Daily Mail..
*"INCREDIBLY. FUNNY"
The Morning Post.
"HIS BEST FILM YET"
Sunday. Dispatch.
"ONE OF THE BEST COMEDIES OF THE YEAR" Sunday Chronicle,
"THE CAT'S PAW" IS THE CAT'S WHISKERS IN THE WAY OF ENTERTAINMENT," The Sunday Graphic, "FOR ME THE EVENT OF THE WEEK WAS HAROLD LLOYD IN "THE CAT'S PAW." Evening Standard "A CORKING PICTURE" Daily Herald.
"A THOROUGHLY COOD FILM" The Times.
SATURDAY, DECEMBER 1, 1934.
CENTRAL BANKS
SYSTEM
(Continued from Page 7.)
be called in "on the carpet" by the Intelligence Division of the Bank of England and told never to do It again. Those newspapers in closest touch with the Bank are Invariably careful to explain that ench of the six banks la completely independent of the Bank of Eng- land and free to co-operate only to such a point as seems to it right and proper. In other words, London is extremely aaxlous "not to handicap, the new system by appearing to dominate it, thus giving Dominion politicians stick with which to beat the locali central bank..
Nevertheless, London does ex- pect a good deal of co-operation; from this remarkable chain of six banks. There are now two schools of thought among "orthodox" bankers. One school aces Great Britain returning to. the Gold Standard and working it on the good old-fashioned lines. They: admit that the new pound sterling may be a devalued pound but they can see no reason why the Gold Standard should not be conscien- tiously maintained on the old Hines as soon as the country deter- mines the new level of the pound.
HERESY TAINT
The other "school" of thought is every bit as respectable and in- fluential as the first though dis-i tinctly tainted with heroiy.. This achool maintains that Britian; when she goes back on the Gold Standard, should "mannge" her currency more actively than in the past: Instead of regarding the Gold Standard as something which automatically functioned, the authorities should treat it with considerable reserve. If Britain, for example, having put the pound at a certain level, found during a subsequent period that she was] continuously losing gold, shu would immediately and quietly revalue instead of "going off gold" when she reached the end of herl gold supply. In this way, it is contended, she would avoid for herself and the rest of the world: the disturbance which followa when any of the important coun Tries, "abandons gold",
To this second school of though! this imperial bajking chain. is extremely interesting for they scel the "sterling blog" getting from 3 what it has always lacked, common consciousness and pur-
pose.
In fact, some of them say that the new chain of central banks will have a greater effect upon the Bank of England now issues a weekly report of its condition which is absolutely blind. The form dates from the Act of 1841) and is so obscure that even the, experta hesitate to deduce from it
A Gift that is Sure to Please"
CUTEX
Lovely ladies adore these Cutex Manicure Sets and find them, indispensable. Even the smallest contains suft'elent materials for many complete homo manicuros.
And the cases are charming-- with a delightful choice of style and colours. Very inexpensive, Just the same!
55, win her heartfelt thanks by giving her a Cutex Manicure Sat. Ak to see them at all Toilet Goodi Countera
Sole Agents:-W. R. LOXLEY & CO,
KNOWN FOR ITS REMARKABLE EFFICACY IN ALL AFFECTIONS OF THE THROAT CHEST AND LUNGS ←
Hudson's
Eumenthol
Jujubes
Handy pocket size now available at 25 cents per tin. Obtainable at all chemists and stores...
Just what the Bank of England is are models of clarity and candour model that trying to do. The reports of all compared with this weekly state-expects to carry the Dominioga other central banks in the worldment of the Bank of England,
Many say she will have to re- ment of sterling.-United Press.
FOR-
completely if she with her in the common manage-
Christmas
GIFTS
OF UNDOUBTED QUALITY
THE ANSWER IS
GORDON'S, LTD.
SHOES
GLOVES-
HOSIERY-
These are
truly useful,
and practical Gifts., and
would surely be most acceptable.
GORDON'S, LIMITED
Hongkong's Ladies' Shoe Specialists.
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