1935-04-30 — Page 20

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DEATH.

WAITE. On 30th April, 1995 at the

Cammes Hapital, George William Waite, late of 1. M. Customs.

Shanghai, dearly beloved husband of Babel Pasth White and father et Winifred Evelyn Dnbelstrin. (Shanghai

Papers please capy).

The

Hongkong Telegraph.

TUESDAY, APRIL 30, 1936.

WORLD CURRENCY

ISSUES

TUESDAY, APRIL 30, 1935.

NOTES OF THE DAY

CANADIAN VIEW

"One of the finest problems in lexislation." said Edmund Burke, "is what the State ought to take upoir Itself to direct by the public wisdom, and what it ought to leave, with as little interference as Bibic. to individual

The Socialist, whose mental not always that of Edmund Burke and whose

political experiener very often nil, has no doubts on the subject. He believes there. Is. no wisdom except public wisdom and that public wisdom, is infallible, says the Victoria (3.C.) Colonint. The Socialistic policy has always been kaleidoscopic. It varies in different countries. Modern So- cialism, na...it la kuowa In British lands, saw its origin with the Fabian Society forty years ago. Since then it has assumed many altpesamt förmulated “mmy dos- trings. As a theory It is chame- leon-like; as a workable thests it never been proved. Last Ortober, however, u Socialist Con ference in Great Britain laid down certain tenets which are briefly summarised as follows :

h

SCIENTIFIC PLAN

Teencompass the entire ecan- male life of the nation within a system of "scientifle planning” from the 'contre.

To nationalis (with "fair" compensation for existing owners) all the key industries, including the banks, transport, water, cual, elec- tricity, gas, agriculture, Iran and steel shipping. shipbuilding, en- gineering, textiles, chemicals and insurance and to reorganise them with the objectives, among others, the producers and "reasonable" of securing reasonable" wages for

prices for the eunsumers,

To

acquire powers of public regulation over all industries left In private hands,

To give the workers a statutory right to an "effective" share in the direction and, control of socialized industries,

.

Our King

and

Queen

on their Silver Jubilee

King George Hunt, Tigers on His Visit to India.

Am all the prep and ete with the cheers of all Indin ring.. The King and Queen had been

them

To raise "Industrial standards" by all manner of legislation, includ

mony attending his visit to ing in their cars.

able to undo much of this. It Ing the establishment of a forty-Indis after the Coronation the

was their first mujor role s There were many reverbera- hour week,

King found time to indulge in tions of the King's visit; he had monarchs of the Empire. The steady rise in the world tinuous programme of increasing

To carry out a "bold and con his favourite pastime shooting, proclaimed several constitutional Though Europe was peaceful price of the white metal, which expenditure on the social services,

changes in the Indian govern and quiet when the King and is a direct outcome of the silver notably education. public health, times called the second best shot the

King George has been many ment, just at a time when Queen returned in 1912, there policy of the United States, has housing, pensions and the dole.

home government was was an under-current of strife given rise to various views To carry out an enormous pro- in England. He more than in lengthy debate on the approaching; statesmen were regarding the precise objective gramme of public works and proved his accuracy in Nepal subject. The King

had worried; Germany was making which the Roosevelt Administra- the resources of the country will counted for 21 of the 39 tigers and forced

national development, for which while tiger hunting. He

neicommitted the Government many suspicious moves. tion has in view. There has he "Amply sufficient." thanks in that fell before the guns of the things. The changes were popu- upon to play a role which, al- to adjust Again the King was called been

a considerable body of particular to the "social control" opinion which has held that of finance.

royal hunting party.

lar in India; they tended to though it failed in its purpose, there must be something more To administer the national in-

strengthen the Government and it nevertheless showed his pas behind the Roosevelt plan than come "wisely" by redistributing ItKing in the act of shooting.

Our picture to-day shows the case the oppression of certain sionate desire to keep peace in the mere placating of the United through taxation.

influences on the masses. Europe-just 18 his father. States silver interests. Those government to the task of Socialist were held in India for the King-visit resulted in a wave of loyalty him. The King was called upon

For just a month celebrations. who think thus, and who have

More than anything else, the Edward the Peacemaker, before regarded the most likely ex- Socialism thus is a creed of pro- Emperor and the Queen-on the part of the Indian people planation to be an effort by the digal expenditure and Inviah taxa-Empress. On January 19, 1912, who had previously shown some To-morrow: King and Queen American Government to force tion. It is slavery under the guise they sailed home from Bombay resentment toward-British rule at Windsor. International currency stabilisa- of a dreamy Utopia. It would Chater Road.

tion, are now able to quote Remake the members of society mere presentative Dies, co-author of automata under an all-pervasive the Silver Purchase Act, in sup-They would speedily become, as any political and economic tyranny. port of their view. Mr. Dies practical exposition of its implica- even goes so far as to say that tions goes to show, the impoverish-

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To "adapt" the machinery of reconstruction.

#58525SSSSSSSSSSSSSSS President Roosevelt is anxious ed victims of wild and impractic-|

"DOVER" STOVE

SPARES

WE HAVE FOR DISPOSAL A COMPLETE RANGE OF "DOVER" STOVE PARTS 'AT CLEARANCE PRICES:

FÖR SIZES:

No. 6

No. 7

No. 8

.No. 9

LANE, CRAWFORD, LTD.

GROUND FLOOR HARDWARE DEPT.

for a world monetary conferenceable theories. with that end in view, and he

of the city of

CHINESE EGGS ARE PURE

BRITISH OFFICIAL

EXPERIMENTS

DEO

to

to visit the Kaiser.

NOTED BANKER-

PASSES

MR. RAYMOND T. BAKER

Washington, April 29.

The funeral has been arranged for to-morrow and burial will be at Reno, Nevada.

He was one

of the prominent banking figures of the West for many years.United Press.

this country they are well within the bacterial standard de- manded of grade "A" milk, de- clares the Neies Chronicle to-day.

The newspaper adds that Il lal doubtful whether any case of suggests that the eventual out- TOKYO "SINKING"

disease of food poisoning in this come may be a world bi-metallic

country has been traced to Chinese! currency system throughout the A large arca

London. April 29.

liquid eggs. Neither can any pro-j world. Whether that is likely Tokyo is slaking at the rate of Ministry of Health, after exten- could conceivably convey illness Official pathologists of the cess he defined whereby they or not, there can be no disputing eight inches to four feet per year, sive examinations of samples of to human beings, the pathologists! the fact that the gold standardmitted at a recent conference of that they are of a

According to a monograph sub-Chinese liquid eggs, have reported add.

Mr. Raymond T. Baker, 56, has operated in a very unsatia- Japanese seismologists by Mr. standard of cleanliness and purity, will be conveyed to

satisfactory It is understood a full report former director of the Mint, died factory manner since the Great Nabmi Miyabe, of the Imperial and as they are delivered frozen shortly-Reuter.

Parliament to-day. War, but, according to a British University's Seismological Research banking authority, world opinion Institute. The affected area is a acems to be gradually coming populous district of factories and round to the viewpoint that an

poor quarters at the mouth of the international system based on tons, Mr. Miyabe said the area Sumida River. In his observa- gold is really most suitable for sank at an average monthly rate modern conditions. Whether a of 4.409 inches during 1932, and gold or a bi-metalliè' standard be.708 inch during 1933. He sug ultimately decided on, it will be gested that the sinking may be due agreed that amongst the really to settling of the soil, which is big factors tending to prevent a loosely packed in the area. At the general trade revival has been time of the 1923 earthquake the the failure to secure the re-and the adjoining Honjo Ward, aren, known as the Fukagawn Ward, establishment of an international monetary system. Exchange in- It seems as though Japan must were reported to have sunk a fool. stability is, without question a look about for some other mens formidable obstacle to the move to assure her people of security ment of goods between countries, besides naval equality. While the It is true that during the past danger is not immediate the people three or four years much of the of the Houjo and Fukagawa Warde damage to international trading in the auspicion that they may cannot be excessively comfortable relationships, which might have wake up and find themselves under arisen as a result of the break-ground. down of the gold standard in 1931, has been prevented by the

--!

virtual elimination of instability considered action might result between the countries of the in further difficulties, leading to sterling group, but the fact re-another breakdown even more mains that between the sterling serious than the last. It is, for arca and the gold standard coun-this reason, eminently desirable tries, marked fluctuations still that there should be interna- occur, which are detrimental totional consultation before any trade over a wide area. As a decision is reached, and the.call- leading British banker has pointing of a world conference would ed out, in some instances the be the best method of tackling uncertainty arising from these the whole subject. At such a movements is hindering the re- conference, it may be taken nà moval of exchange restrictions, certain that silver interests quotas and other obstacles to would press strongly for the world trade, but the question of adoption, of a bi-metallic stand- eliminating this uncertainty by ard, but it appears questionable reviving an international mono whether there would be any wide tury standard-raises many-pro-measure of support for such a blems. Therefore, hasty or solution of the problem,na sher

awell...idon for another 'you've-left-me-

“all-along" "song.k.

MR. A. 1, DU PONT.

Jacksonville, April 20,

Mr. Alfred I. Du Pont, former hend of the E. I. Du Pont de Nemours Company, largest arma menta manufacturers in the United States, led hore to-day of heart failure.

For some years past Mr. Du Pont had been chairman of the Florida National Bank, and bad. become divorced from his previous interests in the Du Pont de Nemours organisation, concentrat- ing his business ability upon finance.-United Press.

SHANGHAI PRESS CHANGES

FOUR ORGANISATIONS INVOLVED

Shanghai, Apr. 30.

Mr. T. B. Chang, Chinese news paper magnate, resigned the Gener al Managorships of the Chino Press, the China Times, the China Evening News and the Shun Shil Nows Agency to-day, pending a now appointment....

Mr. Tu Yueh-sen, prominent Frenchtown resident, is now acting. as General Manager of the four Organisations:=Router,

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