1935-05-08 — Page 6

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THE HONGKONG-TELEGRAPH. WEDNESDAY, MAY

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NOTES OF THE DAY

JAPANESE COMPETITION

"A pendant to our remarks on the agitation to subject Japanese col- ton textile imports to a limited embargo is available in the cur- rent report on economic conditions in Japan Issued by the Depart- ment of Commerco, observes the Christiant Science Moniton It Kives the latent record of Japan- pse-American trade. In December, last year, and January, this year, when JapaNEBO textile exports started to flow into the United States in accelerated volume, the figuren (in thousands |were:

of yen)

1934 1935 Dec.

Japanese purchases from

Jan.

U. S. 113,454 02,325

Japanese sales to

U. S. 30,477 34,077, In other words, Japan is buying three to four times as much as she selling in her trade with the United States! Comparative figures the not khow any diminution in Japanese purchases in the United States.. On the contrary, they show a big in crease, American exports to Jupan

January, 1934, belag only 51,-

877,000 yen, as compared with 113, 454,000 yen in December, 1931, and 1935. 92.125,000 yen for January, Janpan has thus doubled its par tehases in a year. It has Increased its sales, too; but not in the same proportion, the advance being from 26,892,000 yen in January. 194, masekarang | to 34,677,000 yen in January, 1936. Any action on the request for a import of limited embarge on Japanese textiles which affect one ruction or one industry should tal into account this thriving export trade, affecting several sections al industries-a trade which might be sacrificed by an embargo,

Hongkong Telegraph.

WEDNESDAY, MAY 8, 1935.

THE THRONE AND

POLITICS

IL

LORDS CALM

8, 1935.

Our King

and

Queen

on their Silver Jubilee

The King in Ireland and with the Prince of Wales.

always the King, not the Prince,

In the serene atmosphere of the British

noble Upper Chamber It is a source of constant won-Lords, with unruffled temper and much cogent urgament, debated for derment to visitors to London two days the question of Socialism that, in monarchist realm.and the class war. Shades of their political firebrands should be ancestors who haunt the Chamber permitted regularly to orate in might have been shocked by the admissions of peers who have

Aside from the great war, one ger existed, the more was he throughout the Empire, it was lyde Park and on the plinth of inherited the mantle of Toryism the Nelson Monument, preach that governments will not hesitate of the King's greatest worries determined to deliberately flaunt

who spoke; the Prince made him- to plan and organise industry, was Ireland. Time and time it. ing Republicanism, Communism The moderate Socialist, with his again he sought to pacify that

self, in effect, merely a mouth- Our picture at left shows him, piece, though it is known beyond and other extreme views. But programine of gradualness, crid-

14 troubled people; he compromised, the British reaction to this kind ently has no terrers for the Con advised his ministers and did in the uniform of Admiral of the dispute that the Prince of Wales

servatives of to-day. The Social- of thing is based on an amused that they demosunce is of the everything in his power, through Fleet, as he acknowledged the writes most of his own speeches. And the Prince liked nothing tolerance which objects to no- brand usually connected with the personal appearance and through cheers of the people of Belfast thing short of actual sedition. name of Sir Stafford Cripps. Its diplomacy to smooth the difficul-on the occasion of the opening Hyde Park has well been describ-programm spells revolution. It ties in the way of amicable rela- of the Ulster parliament in 1921. better than to be in the company, involves a sudden break with the tions between Ireland and the It is significant that after every of his father. The picture at ed as Britain's safety-valve; here resent

appearance the King made in right, taken in 1922, shows the statem. and swift mother country,

a

Ireland, dissension lessened for King and his son and heir, walk- the Street orator may relieve his transition to another, untried

Often the situation became so

la time.

ing at Buckingham Palace on major perilous that he actually risked political crisis. Both sides admit his life by appearing in Irish

their way to attend a chapel service.

дит

any country except Russia. It can be initiated only by n

The Prince of Wales always this, though the Sociallats offirm cities. But he scorned this per- showed the greatest respect for that the crisis will be precipitated sonal danger-in fact, the more his father. In practically every. by resistance to their measures, assurance he had that any dan-speech he made on his long tours! So sweeping are the changes con- templated that few suppose they could be accomplished according to

To-morrow: The King and Armistice Day.

FINANCIAL RELIEF

feelings to his heart's content, and he doubtless leaves the scene feeling that he has accomplished something. Few begrudge him such satisfaction as he can ex- tract from his performances Happily, political thought and plan without resort to force. But mistake, and that he had never occasional poems that are neglected expression are still free in Eng-one notes the calm and gentle written another pices of poetry in because their authors never wrote

academic reasoning with which his life. He RULY be one land, which; in recent years, has those matters are discussed. For a large company; and perhaps the else worth recalling. One such of anything elsé at ali er, anything 1831 SDIS | had Governments, of distinctly the fire-brand revolutionaries do rolls of history bear the names of phrase that has been salvaged is, varying hucs, including two not speak for all who call them-miny one-piece poets who have "A rose-red city, half as old as Socialist regimes. But through. Felves Socialists. Nor do a majori- never had true justice done to them. Time," and another is "A crowded ty of their political or trade union, Some of the brightest jewels in the hour of glorious life is worth an out all the changes, the Throne leaders desire the upheaval such crown of English literature consist age without a name." has stood aloof from the political conillet would bring. Nor is the of isolated lines and phrases, like magazines and periodicals and mis-summoned by Dr. H. H. Kunge danger so great as it seems, for The rest is silence," or "Mino eyes jeellanies may be many similar Finance Minister, and attended burly-burly, with the King ever as long as political leaders talk of dazzle." Such words are remem- treasures now ignored. A diligent the strictly constitutional mon-reform by revolution their chances bered because they occur in the collector might make a very profit y representatives of Chinese arch, performing his services to of winning a majority at the poils works of famous writers; but able anthology out of the diamonds banks and firms in Shanghai, a the nation with a single eye to know that well, and therefore re-nes lie annoticed and forgotten in heaps.

are slender. The more experienced maybe almost equally arresting scattered on these neglected duste Hits progress and well-being.frain from the language of their

There are Republicans in Eng-more fiery associates.

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land, of course, but they are in

a decided majority, with prae- DIAMONDS FROM THE

tically no following. H.G. Wells

remains the unabashed Re-

DUSTHEAP

WES

The night was cold, and the ex-

posed thermometer Sank to the freezing point on

Bakdalemuir.

|publiern—“one of the most pam- Some men are made poets by the pered and irresponsible ad-times: others by the London Times. age of poetic fervour, vanced thinkers'," he describes like

the Elizabethan, many himself in his autobiography~~¦ men write poetry merely be "an uninvited adventurer who cause it is the fashion to do so; and in the present there is at least has felt himself free to criticise one example of a gentleman who, established things... who has when he thought that he was writ- dis- been tolerated almost incrediblying impeccable prose,

covered by England's most famous. during this subversive career."newspaper to be composing poetry Here, as one writer remarks, we of a distinctly Wordsworthian quali- have the key to wisdom: A leader writer on the Times culled from no more promising a Britain's constitutional monar-source than the weather reports of chy is based upon a tolerant the Meteorological Office the other non-interference. Anyone may day these striking lines talk or write as the spirit moves, so long as he does not preach sedition. If he can convince the majority, his is the right to govern; and, that means the readiness of the Throne to net by and with the advice of the Ministers of any party which can the Royal Family in general convert the country to Its associate themselves are in- political views. It is in this fact variably near to the heart of the that we find one of the bulwarks people. To stand above party of the monarchy. With His for the well-being of his subjects Majesty unconcerned in political is something that King George doctrines is coupled the other has succeeded greatly in doing fact that every non-political during his reign. And it is this movement for the welfare of the circumstance which today In- has Royal support. vests both the Throne and the Political platforms may become King himself with the loyal at- unpopular, but all the move-tachment

affection of. ments with which the King and Britons everywhere.

masses

The flattered author Immediately volunteered the information that these lines were poetic only by (Continued on next column)

and

But in old

"I'll bet he's going to be a writer or something—he's always studying types."

LARGE SUM TO BE RAISED FOR SHANGHAI FIRMS

Shanghai, May 7.

As the result of a conference

lecision has been reached whore- by a sum of $5,000,000, will bo raised for the purpose of grant- ing financial relief to the "wreck- ed" Chinese 'business and Indus- trial firms in Shanghal....

The Central Bank of China and the Bank of China will each sub- scribed one million dollars to the Fund, and the Bank of Com- munications will subscribe $500,- 000, while the Chinese Banking Association will subscribe $1,500,- 000.

The remaining $1,000,000 will be raised by the Chinesa Money Firms Association-Contral News Avency.

[DOWNING ST. MEETING

| CONFERENCE OF BRITISH AND

EMPIRE LEADERS.

London, May 7.

The British Cabinot, represented. by Mr. Ramsay MacDonald, Mr. Stanley Baldwin, Mr. Neville Chamberlain, Mr. J. H. Thomas, Sir John Simon and Sir Phillip Cunliffe Lister met the Common-. wealth Prime Ministers and in- formally discussed the Interna- tional Situation for two hours at No. 10 Downing Street,

The Dominion High Com-- misslonore wère also present.

Sir John Simon, in a survey of the position, explained all that had:" taken place in this connection/dur- ing the past few months and afforded Information on various- pointe.

A further meeting will be held later this week-Reuter,

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