1935-04-12 — Page 20

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THE HONGKONG · „TELEGRAPH.

AUTOMOBILE EQUIPMENT

BALL & ROLLER -

BEARINGS CUPS & CONES

For

Any Nature of Replacement COMPREHENSIVE STOCK

In the Following Reliable Makes:

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The

Hongkong Telegraph.

FRIDAY, APRIL 12, 1935.

ARMS TRAFFIC

FRIDAY, APRIL 12, 1935.

NOTES OF THE DAY

SILVER'S FUTURE

The action of the United States In fixing the price of silver at 64% cents per ounce and prohibiting Bilvor trading in America, has not prevented the silver miner's bowl from overflowing. To-day, instead of receiving the 042 cents limit price for his motul, the American miner obtains from the Mint 71 centa an ounce. The price has advanced from a little more than 25 cents an ounce in something more than two years. It would seom that the battle of the United In the Senato States allver

group le far from lost and that their objective of $1.20 per ounce is not altogether an unlikely figure. Of one thing we must not lose sight. Far from controlling the destinies of silver, the United States can only attempt to accomplish a form of devaluation by boosting the value of the mutal. The price of silver is still fixed daily in London, and that niarket is still the mala factor in determining the world value of the metal, in spite of arbitrary rates in the United States. Whether Great Britain will be plented at the increase of the silver price and the consequent strengthening of sterling against the dollar, is uncertain. It seems unlikely. There are reasons to be- lieve that the British Control Fund may be brought into action to steady the dollar-sterling cross- rato, and though'sume bolleve that that Fund has dwindled to a point where it is no longer a factor in financial affairs, we do not believe

In any event, the use of the Control Fund would not affect the price of silver, and, in so far as that metal governs the value of the Hongkong dollar, there is little likelihood of a slump in local cur- rency, It Яссти.

then, that whether we like it or not, we are going to have a two shilling dollar, or better; for a time. There is no guarantee that it will remain at that level, and we do not wish to manke any forecast, but we will repeat the observation of a noted British economist who said that higher than to fall appreciably be. ailver is much more likely to climb

low its present position.

VICTORY!

Our King

and

Queen

on their Silver Jubilee

An early study' of Princess May

WERY inch a Queen" will, (Duke of Clarence) was being

The American advocates of n "EVE

high price for silver, the $1.29 per ounce meu, are Immensely gratified

The Very Idea!

This Spending Existence

By Horatio ("Rabid") Bogg

Of lato we had avoided Tho Think, but yesterday sho' turneş up again, a living, spending. reality.

"To-day we go to the pictures," she decided for both of us.

"But, my dear girl, I am absolutely broke," we protested.

"You are always saying_that,” this in a bantering tone. "Nevertheless, it is n fact," wo asserted.

Once a female makes up her mind in belloving what she han- assured, the chances

are that nothing will altor it. It becomea part of her credo-in that con- fession of faith which relegatsa to a moro male the only role in her existence, namely, the means of satisfying a passion for spending and destroying.

So it was that we allowed our- self to be led along like a rabic dog on a leash-fuming but al ways trying to displace our muzzle and be not so dumb.

“That is a nice book by L.M.A.. Loveblrd. I want to read it,” · The Thing said, pausing before the window display of a book- store.

"Not so nice, honey. I have read it, and it's trash: A girl · of your intelligenco should have something more satisfying for rending, but I am

haven't got it here,"

sure they

We passed on, but before long the Gold-Digger was interested in

dress wrapped round a

Wax model.

+

26

The model was tall and slender, and Heaven forgive me for saying It, The Thing was short and squat. On the tail and slender

in all probability, be his-groomed for the throne, so Prin-wax mannequin it certainly looked -

clear of that dress, which would Wo steered The Thing safely

*

It is satisfactory to learn that the Geneva disarmament com- mission which is considering control.of the international arms trame is making good progress, and, in particular, that Japan is associating herself with the movement. A modified conven- tion aiming at control is expect-at the increase of the price of fatory's verdict of Victoria Mary cess May was carefully attended ravishing, but on that Short and ed to result from the delibera-metal. But they are far from Windsor, consort of King George, to reign, it was hoped, as his con- Squat Thing-words failed mo, tions of the commission.

Senator Patrick Mc- Fol-satisfied.

sort. She was taught and show- "Oh, Horatio, isn't that dress As Princess and Queen, she led great aptitude for literature perfectly adorable? How do you Carran, Nevada Democrat, recently lowing the steps being taken by declared that the Silver Purchase was one of the most beautiful and art, although her training as think it would look on mo?" the United States and Britain Act had falled to benefit the silver women ever to grace the royal a housewife was never neglected. to enquire into abuses of the mining states and had only result-household. Above is a picturo

We had our private opinion as Known to her intimates to that, but it did not escape bo- ed in the transfer of the silver arms trafic, it is clear that world market to London. This last point of Princess May of Teck, taken endeavours in this sphere are may be tree; but it is not true three years before her marriage Princess May, she grew up a managed to assume.

May, and to the Empire as yond the wooden expression Wo crystallising into tangible action. that the higher silver price has not to Prince George, A true Saxon handsome young woman com If a scheme of international con- Nevada there is three, and four beauty she was, with pink and petent in almost everything and

benefited the silver mining states. trol can be devised, and put Into times the mining activity that white complexion and luxurious perfectly sure of herself.

have sost us a pretty penny. jeffcct, a decided step forward will there was before the price was fair hair. No wonder both have been registered. Revela- increased. Only the richest or Prince Albert Victor and his engaged to marry Prince Albert wanting, gin sure, something

At 23 years of age she was

"You," we said, “but you will be could pay a profit when' silver was tions made of the inadequately selling at. 25 cents an ourice. Now younger brother Prince George Victor, heir to the throne 218 restricted operations of those the little miner can operate and were in love with her!

eldest son of Edward VIII But think of it, only-to-day I saw two- more original. Now that I come to S. MOUTRIE & CO., LTD. engaged in the production of Montana is ons of those who still Senator Wheeler of

From early childhood, the death intervened in 1892, and the women wearing a dress which, if death-dealing instruments on a declares that the Government must Princess seemed destined one Duke of Clarence died. It is a not a duplicate, looked very much large scale, their methods of push the price of silver to $1.29, day to be a Queen. Born

and establish a free market for

in legend that when the young heir like it."- selling these weapons to rival

silver to give producers the benefit surroundings, it is said, of com- to the throne on his deathbed Governments, and their influence of any rise over present prices. parative poverty at White Lodge, said to his best friend, his Wo breathed more freely after SSSSSSSSSSS in the lobbies have made it im-Some of the silver states want to Richmond, on May 26, 1867, she brother George: "Take care of negotiating the danger zone.

do a Hitle speculating, perhaps. perative that a traffic which in-Meanwhile, even yesterday's nd- was the only daughter of the May for me."

Ahead, a neon-lighted' aign out- creases the risks of war should vance in sliver prices can be looked Duke and Duchess of Teck, two A few months later, Princess Įside a cinema confronted us with be severely supervised. For upon as a victory for the Silver of the minor German royalties May was engaged to Prince a picture of Ramon Novarro, many years past, the League of

Group of the Senate.

who came to England during the George, but still wore the en- Nations has been hammering at HIGH-HATTING THE HATLESS long reign of Queen Victoria. gagement ring given to her by this subject. In 1925, a Geneva

Just as Prince Albert Victor Prince Albert Victor. The bat has taken on now signi- conference resulted in a convenficance for men. Heretofore, the vention received only a limited smart, new creations for women. number of accessions, and cer- But a dictum from the British tain States made its coming into Hatters Association has shifted force conditional on the conclu- the light to masculine beadgear. sion of a convention regulating And the hat of the male, blinking the manufacture of arms. That in the strong light, is heralded as the recent revelations regarding cording to the association, lack of an index to character. For, nc- the arms traffic are by no means a hat indicates lack of responsi now is shown by the fact that bility. Rarely does one find auch the Temporary Mixed Commis. a simple guido to character. Col- sion on Disarmament in 1921lege youths have not infrequently [definitely charged that arma- been taxed with being alightly ment firms had attempted to fighty, but it is startling to learn bribe Government officials, both that the Prince of Wales, who has at home and abroad; had dis- the hat was unnecessary except as seminated false reports concern-

an auxiliary to formal dress, le ing the military and naval pro- Irresponsible. Obviously the grammes of various States in Prince will now have to wear a order to stimulate armament topper in order to feel perfectly expenditure; had organised insecure that his reputation as a res- tornational rings through which ponsible man is in no way en- the armament race had been this latest hint to proper decorum. dangered. Men may well ponder accentuated by playing off one Thu country against another; and the man whose hat blows away in may have no dealings persona who have

PLAY WEAR

BY

LANE, CRAWFORD, LTD. tion on the subject, but this con- spotlight has been trained

SEE

OUR

LADIES'

SALON

BEACH TOGS &

EXCHANGE BUILDING.

SUCH AS SUN SUITS

SHORTS

SLACKS

BANDANAS

BATHING SUITS

CAPS, ETC.

on

been credited with the remark that

wind

had organised international arm- with response enough to fasten

Jament trusts which had in been

creased the price of armaments their hats securely to their heads sold to Governments.. These by a strap under the chin. Build an addition to the hat-shelf, men, indictments were made some glue your hats to your heads, even fourteen years ago. They are wear two hats, but remember, plain, precise and unanswerable. responsibility must be served. Yet so far nothing definite has

been achieved to put a stop their transactions. Even if pri- to these iniquitous practices. vate manufacture is to continue, Opinions may differ as to the it remains not less, but moro, Governments continuance of the system of casential that private manufacture of arms, should have the right of giving but there surely cannot be any or withholding permission to two views as to the desirability trade in weapons of warfare. of strict national and interna-The issue has been discussed tional control of armament firms, long enough; it is time définite and the fullest publicity for all action were taken."

"They want me to come over and put some life into their party."

"I love Ramon Novarro," Tho Thing gushed. "Don't you? Ho is such a darling-and he will bo looking no eute in that uniform-

Wo interrupted-"Yes, and so handsome, 20 stunning, Irresistible. By all means, let us go In and look him over."

Wo purchased Kome pence by paying for it at Depression prices.

Even there we were destined to auffer another two hours of agony whilst The Thing emitted little screams, sobs, gurgles, gasps of delight, and other signs by which a female is accustomed to demon- strate her enjoyment of a roman- tic picture story. But wo did mannge to console curself with the thought that things might have- been worse-we had got off fairly! lightly.

What "A.D." Means

A toacher asked a class of young scholars for the meaning of "A.D." the other afternoon.

*After

some hesitation, a little. boy called out, "I'm not quite sure, mise, but I think it standa. for. After Depression. "

Just Too Bad!

"It's really too had of you," Bobbed the wife, "The maid's

just given notice; she said you. apoko insultingly to her over the 'phone.

"Good gracious!'! cried the hus band, "I thought I was apeakingt to you

·

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