1937-10-29 — Page 18

THE HONGKONG TELEGRAPH, FRIDAY, OCTOBER 29, 1937,

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book.

This, his second book, took two months to write. For the film rights he gets two thousand pounds.

He had an advance on the royalties of the book, which may

Published recently were denils of the will of William James Mynti, of Birmingham. He left more! than £200,000-having made his money manufacturing razor blades. Murconi, who made lils money out of mus of the world's greatest inventions, left, not the £5,000,000 that was estimated by some, but £30,000. Other people's money and how they made it is a subject of in exhaustible interest. But it secnis fairly certain that the quickest way of ali to make money" (though don't forget that money soon made generally soon goes) (1– writing.

BIGGER money is made

with even less work

on the Stock Exchange, but there you have to have money to make money..

Sometimes stories of specta- cular deals creep into the news, and they are big enough to hit the front page. Round about 1934 a Mr. John Parker cleared an individual profit of £150,000 In a deal in brawery shares.

In the same year a gold share boom enriched one man and his friends by a million, though the total original risk was only £750.

Three other men were said in the City each to be richer by a million, and another trio to have made three-quarters of a million each, in that gold rush.

You can sit back on a The novel writers don't do so Stubbs Rd. mean a couple of hundred pounds £50,000.

or a couple of thousand if it goes quarter of a million.,

badly. A. J. Cronin changed his well.

So you can on £1,100 a Week, job at thirty-five, five years ago, He says he's

Money just as big is made just Nice work for a young man, which Frederick Lonsdale was to write novels.

less than five a quickly sometimes in real and young men are doing that drawing when he had three content with

things on at the same time in thousand a year, though the estate, but again money is need- every day.

London theatres and another profia from "The Citadel" must ed to start the ball rolling, Without much capital, the £1,100 a week from America. send that figure up.

Thongkong Telegraph.quickest way to riches is by writ- The newspapera report that If authors worked harder may-

PRIDAY, OCTOBER 20, 1937.

SHINING COURAGE

ing. With capital, of course, James Hilton sells the serial be they could make a lot more you can make a bigger fortune rights of a new 30,000-word than they do. Arnold Bennet in business, but perhaps only a novel for nearly £10,000, and a made £10,000 a year, and killed lucky gamble on the Stock Ex young playwright. Terence Rat- himself doing it. change can compare with the tigan, sells "French Without writing trade as a quick money- Tears" to a film company for the

same amount.

The "clarion-throated" newsmaker. organs of Great Britain are sounding a chorus of approval, with an overtone of amazement,

LOOK at the theatre.

vacant.

Do you

No wonder there are

Jews and Irishnen.

ham must be a very money.

HOWEVER, most pro-

The chances are that your local auctioneer and estate agent is a fairly rich man, though the money he makes is trivial com- pared with the men in London who buy an old site and sell it overnight for a new block of Ants and take many

thousands for their trouble.

elo- Not all their skill and quence can bring professional people into the millionaire class, but "Abic's Irish. Rose" shows

Of course, books do not

fessional men and Arthur Brisbane, the Ameri- tradesmen work harder than the can journalist, was paid £50,000 NOW Somerset Maug writing folk for very much less a year for his newspaper work, but he made as much, if not concerning the Chinese defence more plays waiting for theatres rich man, for he gets five shill- No doctor can hope to clean up more, by buying and selling land of Shanghai, or properly speak-now than there are theatres ings a word for his writing. Be- a modest fortune on his first or and houses. ing. Chapel and the rural area

fore the war he had three plays second patient, nor a lawyer on

But in real estate there may remember the play on in London that earned him a his first case. In the long run be no buyer, and shares may not, north to Liuho and the Yangtse."Abie's Irish Rose"? There was decent independence.'

perhaps they may build up big- go up or down whichever way It seems that the dogged and nothing very clever about it, just But his story shows that this ger fortunes than the writers, they were guessed to go, go enormously courageous stand of a little human comedy about writing business isn't all jam. but in time and labour there is there's nothing much to beat the the

writing business. Nanking Government's

His "Liza of Lambeth" brought no comparison,

troops against the Japanese in-.

A woman wrote it, an actress him only twenty pounds, and for vaders has finally dispersed, who said she was the world's the first ten years they say he worst. actress. She turned out averaged only a hundred pounds

always sell, and many probably for ever, the myth that to be the world's most successful a year. the Chinese are comic-opera playwright, for that one play However, he is said to have that writing can--though it has plays never get on the stage, but gamble only fighters. The fact is the work carned her £1,000,000 in four been paid £15,000 in fees for happened only once as far as I the writers who

with their leisure in writing years. No mistake in the "Our Betters" during the London know. needed no such proof as the bit-

noughts, a million pounds. run. The best of this play- Of course, a book or a play them don't stand to lose an aw- terly contested battle-fields of

Then the film rights put that writing business is that the may take years or months to ful lot.

And now, no doubt, you would Kiangwan, Woosung. Chenju, figure up another £400,000.

money can keep on coming in. write. Margaret Mitchell's "Gone

like to know how to write. It was estimated that "Our with the Wind" took seven years That's another story. Nanziang and the rest. Chinese Lucky She was. She had

Betters" would in the ten years to write, but since she has al- soldiery, outside of the belly body else would do so. Fifty Maughan £2,000 a year from the book it's pretty good pay on any to produce it herself because no- following its production earn for ready received £100,000 for the warlords' struggles, has proved

American managers-scorned this

touring rights.

basis of reckoning----- its mettle in many an engage- play that Ann Nicholls wrote in

You read Barrie's will. It Truc she has had to pay £62,- ment. Its reputation was her spare time. **** † tarnished by the fact that for a good many years the in- SEAKANEKORAKRAKARPARKKIFIKIAM | dependent warring chiefs pre- ferred buying off an enemy to fighting him; and that was probably the less expensive way

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The theatre takes a lot of shows how the money can mount 000 in taxes, but so would any- beating. Hartley Manners, form- up, for he left more than £173,- body who made that money in

any other business. er London journalist, made more than £200,000 out of the world, **** rights of "Peg o' My Heart," then sold the "in rights for

the war

HOARDED

WOR

the mortuary and in

concealed in the lining of his jacket,

no faith in banks, and always car-

Emrys

Jones

MILLIONS

People with no Faith in Banks

the spot.

ellents die, and even hiding-places. may notice.

then secret their escape

construct a secret wall safe in the

not

to victory. But there have been that prolongation of countless instances, since the will only harden it.

DRITISH banks are generally ac- days when the ferocious Mongul

Unless the Chinese psychology knowledged to be the safest in hordes raided and plundered un-is something very different from in this country apparently do not the world, yet thousands of people

The vast majority of hoarders are der their Khans, that Chinese what is written of it, there is believe in them.

very cunning, and seldom even take their own family Into their con- troops have fought with the every reason to believe that the liver and notca is estimated to be At least £25,000,000 in geld and

fidence. A carpenter in a Lanca- was requested to same courage as did these stal ruthlessness with which

this privately hoarded in Great Britain. will tell you of the tragedy of an shire town, who

home of a wealthy shipowner, had wart men around

Shanghai struggle has been waged will Many authorities consider the totni aged widow who hild her money £700 in all-in a chimney recess. to be greater. during the past eight weeks. continue to influence the masses,

Her daughter arrived unexpected-to take a solemn oath that he would Hoarding money has received by from America and unwittingly lit never reveal where it was situated,

or even its existence. The world forgets so easily. It the non-combatant millions at great impetus in recent years as a

The particular shipowner has the was only six years ago that the home and

result of the various Enancial crises the ire in the "best room," where nbroad, towards at home mid abroad, Nal long ago fire had not been lil for ten year fixed opinion that all the banks in

The money, all in notes, was burnt. Japanese felt the shock of well-generous and even

the widow saw what had the world will soon collapse, and, fanatical man dropped dead in a London

like

ali hoarders, he does trained Chinese troops at Nonnt support of a Government which found to have over 2500 in notes happened, she collapsed and died on realise that, should this happen, the monetary system would collapse and River. Five years ago the 19th is proving itself equal to the file wife stated that her husband had town not long ago a woman bought no negotiable value.

At an auction sale la a Midland hoarded notes and coins would be of Route Army made its fight at greatest crisis in the nation's his life's savings about with husband decided to aller it and make the opinion that the hoarding spirit

heavy, old-fashioned bed, Her

A famous banker of to-day is of Shanghai, dled bravely on the modern history. The bombing him.

he begins in many people in childhood, it appear more modern. When ground that- Marshal

Thousands of men and women, | anme

of defenceless refugees around any of them well educated and in saved one of the legs he found it and blames children's savings banks Chiang's divisions have

was hollow and stuffed with coins for this. It is arr interesting theory, con= |Shanghai, as reported by the business, have, secret safer and

und notes. The ather legs were the and there may be some truth in it. tested so hardly latterly, low- United Press on Wednesday, fees one well-known British in-cast was

hiding-places. In their homen and

in all Over £1,200 in A saving child who feels his found. over, China has not forgollen.

"bank" getting heavier and heavier to may have had the effect of stir-dustrialist is currently rumoured

The bed belonged to a middle- and can empty it at any time, and The example of these modern ring panic among those imker in a certain part of his estate...

possess a accret underground cham-

aged spinster, who had died. The see its contents may devolop a com warriors, and something of mediately affected; but

money was handed over to the heirs plex against handing money over to such Increased Nervousness

by the honest couple, and it was

a place where it cannot be seen. atirring of the blood of the fierce. episodes can only strengthen re-

revented that the late owner all her

Whatever is the .cause it is i There is no doubt that nervousness ille had a rooted objection to put controvertible that millions of pounds has Incroused among moneyed people

are lying dormant in Britain, carning no interest for their owners, and not every repetition. Though the crisis in Britain in 1031, and also Able to Look at it

being utilised as they should for in during the Albancial collapse

A very rich but eccentric mer-national credit and expansion world may forget and, in time, America a little later, there were chant who lived in London never Foolish Policy

heavy withdrawals from banks. A

had a bank account, and before-le to the banks. returned to

Hoarders are not only short- for his reasons for this. In his sighted for themselves but it is scarcely conceivable that deposits have also encouraged hoard-the money myself, I want to keep tries there are stringent laws in force There is this fact to bear in what are to-day called by Chinese ing, and probably never

since the it myself, and be able to look at it against hoarding, for it is not for- Civil War has there been so much whenever I have the nation."

gotten that Germany and France mind, that although the loss of dastardly crimes against a na- money in private custody as at the

plunged almost into Solicitors find hoarders very dif- were both errors of present

to economle ruin komo years ago by Chapel and the foremost defence tion will be termed

Women hoarders far outnumber flcult clients. When it comes lines to the north of Shanghai, judgment to-morrow.

and the part of the United winding up and administering their widespread private hoarding of

In money, Kingdom with the highest proportion tatutes, the difficulties multiply.

In the end both Gorman and is a definite set-back to Chinese The Japanete faculty. for ex-of hoarders is Ireld. Travellers many cases honrders do not realise

as French hoardera lost heavily by thoir arms, it by no means spells dis- cusing misdemeanors will be in Irial country districts are seldom how much they are world, and,

paid by cheque, unless by big firms, they advance in years, they frequently palley, the re-valuation of the mark. atill aster. Thero is

much taxed to the limit to win for and some queer stories could be told forgot where they have hidden certain and the frane upsetting all

carefully arranged plans for finan ground to defend, and the tem-'giveness of future

Chinese about Irish hoarders.

an ex- clal "foty." Solicitors have to make Chimneys are favourite hiding-

(Continued on Page 5,) per of the fighting forces la auch generations.

places, and in a Kerry village they haustive search when such forgetful

if forgotten, conquerors whom sistance by, healing hatred with fin all countries. During the Onanciotting money in a bank..

China has assimilated, have lent themselves to Nanking's new discipline and resulted in a de-

fent which is nothing short of Pardon the mistakes of over-nsiderable portion of the aggregate died a few years ago he was asked

jealous, excited young officers, sum hus never interest rates on Northern accent, he replied, "I made patristic. In come European count-

glorious.

The current

men,

time.

BUMA..

Un-

their