1937-10-29 — Page 30

THE HONGKONG, TELEGRAPH, FRIDAY, OCTOBER 29, 1937.

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E celebrated last of night, for one my friends has just

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The

Stubbs

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 d. mean a couple of hundred pounds or a couple of thousand if it goes well.

money

Published recently were detalls of the will of William James Myall, of Birmingham. He left more than £200,000-having made als money manufacturing razor blades. Marcoal, who made his money out of one of the world's greatest inventions, left, not the £5,000,000 that was estimated by some, but £30,000. Other people's in- it is a subject of money and how they mode exhaustible Interest. But it seems fairly certain that the quickest way of all to make money (though don't forget that money soon made generally soon goes) is writing.

BIGGER money is made on the Stock Exchange, but there you have to have money to make money,

with even less work

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 proât of $150,000 in a deal in brewery 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 You can sit back on a The novel writers don't do so million, and another trio to have £50,000,

badly. A. J. Cronin changed his made three-quarters of a million quarter of a million.

cach, in that gold rush.. So you can on £1,100 a week, job at thirty-five, five years ago,

Money just as big is made just which Frederick Lonsdale was to write novels. He says he's

In real Nice work for a young man,

had three content with less than five as quickly-sometimes and young men are doing that drawing when he

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

London theatres and another profits from "The Citadel" must ed to start the ball rolling.

The chances are that your local Without much capital, the £1,100 a week from America, send that gure up.

man, though the ing. With capital, of course, James Hillen sells the serial be they could make a lot more fairly rich you can make a bigger fortune rights of a now 30,000-word than they do. Arnold Bennet money he makes is trivial com- in business, but perhaps only a novel for nearly £10,000, and a made £10,000 a year, and killed pared with the men in London who buy an old site and sell it lucky gamble on the Stock Ex- young playwright. Terence Rat- himself doing it.

overnight for a new block of flats change can compare with the tigan, sells "French Without

and take many thousands for their trouble.

Hongkong Telegraph. quickest way to riches is by writ- The newspapers report that If authors worked harder may. auctioneer and estate agent is a

Sagar. OCTOBER 20, 1937.

SHINING

COURAGE

writing trade as a quick money- Tears" to a film company for the

same amount.

The "clarion-throated" news maker. organs of Great Britain are sounding a chorus of approval,

with an overtone of amazement,

are

vacant.

Lo OOK at the theatre.

No wonder there are

NOW Somerset Maug

writing folk for very much less a year for his newspaper work,

Of course, books do not

HOWEVER, most pro-

fessional men and Arthur Brisbane, the Ameri- tradesmen work harder than the can journalist, was paid £50,000

if not ham must be a very money.

but he made as much, | 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.

But in real estate there may fore the war he had three plays second patient, nor a lawyer on ing. Chapel and the rural area)

Do you remember the play on in London that earned him a his first case. In the long run be no buyer, and shares may not forth to Litho and the Yangtse. "Abie's Irish Rose"? There was decent independence:

purhaps they may build up big- go up or down whichever way guessed to go, 80 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 enoramusly 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

writing business, the Nanking Government's Jews and Irishmen.

His "Liza of Lambeth" brought no comparison.

Not all their skill and cle- troops against the Japanese in- A woman wrote it, an actress him only twenty pounds, and for

who said she was the world's the first ten years they say he quence can bring professional vaders has finally dispersed,

worst actress. She turned out averaged only a hundred pounds people into the millionaire class,

always sell, and many but "Able's Irish Rose" shown probably for ever, the myth that to be the world's most successful a year. the Chinese 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 four been paid £16,000 in fees for happened only once as far as I. the writers who gamble only with their leisure in writing fighters. The fact is the world earned her £1,000,000 in

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-

months to ful lot. terly contested battle-fields of

And now, no doubt, you would Then the film rights put that writing business is that the may take years or

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

write. Kiangwan, Woosung, Chenju, figure up another £400,000,

It was estimated that "Our with the Wind" took seven years like to know how Nanziang and the rest. Chinese Lucky? She was. She had soldiery, outside of the petly, to produce it herself because no- Belters" would in the ten years to write, but since she has al- That's another story.

body else would do so.

following its production earn for ready received £100,000 for the Fifty warlords' struggles, has proved American managers scorned this Maugham £2,000 a year from the book it's pretty good pay on any

touring rights:- its mettle in many an engage-play that Ann Nicholls wrote in

You read Barrie's will. It ment. Its reputation washer spare Üme.

shows how the money can mount The theatre takes a lot of merre targished by the fact that for a

up, for he left more than £173, beating. Hartley Manners, form- good many yours the

000. in- er London journalist, 'made more. PAANIAKKOTIRAORNIANZERKARVAN | dependent warring chiefs pre-than £200,000 out of the world ferred buying off an enemy rights of "Peg o My Heart," to fighting him; and that was probably the less expensive way

S. MOUTRIE & Co., Ltd.

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G. E. HUYGEN.

Canton,

years.

then sold the film rights for

basis of reckoning.

True she has had to pay £62,- 000 in taxes, but so would any- body who made that money in any other business."

HOARDED

BRITISH banks are generally ne

knowledged to be the mfest in in this country apparently do not the work, yet thousands of people belleve in them.

lver and notes is estimated to be At least £25,000,000 in: gold and privately fourder in Great Britain Many authorities consider the total to be greater.

to

Emrys

Jones

MILLIONS

People with no Faith in Banks

ellents die. hiding-places notice.

and even

then secret may escape

their

The vast majorly of hoarders are their own family into their fidence.

A carpenter, in a Lanca-

very cunning, and seldom even take

con-

i was only six years ago that the home and abroad, towards at home and abroad. Not long ago the money, all in notes, was burnt, fixed opinion that all the banks in

Kenerous

about with

does not

.

to victory. But there have been that prolongation of the war countless instances, since the will only harden it. days when the ferocious Mongol Unless the Chinese paychology hordes raided and plundered un-is something very different from der their Khans, that Chinese what is written of it, there is troops have fought with the every reason to believe that the same courage as did these stal-ruthlessness with which this

will tell you of the tragedy of an shire town, who was requested

home of a wealthy shipowner, had nged widow who hid her money-construct a secret walt safe in the will. men around Shanghai atruggle has been waged will

£700 in all-in a chlinney recess.

to take solema bath that he would during the past eight weeks. continue to influence the masses,

Her daughter arrived unexpected- Boarding money has receiver a

ly from America and unwillingly 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 the fire in the "best room," where

This particular shipowner has the result of the various financial crises

a fire had not been lit for ten years.

saw what had the world will soon collapse, and, Japanese felt the shock of well-

dropped dead in a London When the widow and even

like all hoirders, he fanatical man

street. and in the mortuary was happened, she collapsed and died on realise that, should this happen, the trained Chinese troops at Nonni support of a Government which found to have over

£500 in notes the spot. River. Five years ago the 19th is proving itself equal to the fits wife stated that her husband had concealed in the lining of his fucket.

At an auction sale in a Midland monetary system would collapse and Route Army made its fight at greatest criels in the nation's no faith in banks, and always car-

town not long ago a woman bought warded notes and coins would be of

no negatiable value. henvy, old-fashioned bed. Heri A famous banker of to-day is of ried bla life's savings Shanghai, died bravely on the modern history. The bombing him.

husband decided to alter it and make the opinion that the boarding spirit It appear more modern. When he begins in many people in childhood same ground that Marshal

Thousands of men and women sawed one of the legs he found it and blames children's savings banks of defenceless refugees around

many of them well educated and in

was hollow and stuffed with coins for this. It is an interesting theory, Bates and reported by the business. have accret

and notes, The other, legs were the and there may be some truth in it, and homes tested so hardily latterly. How-

hiding-places in their

£1,200 in same, and in all over United Press on Wednesday, metes. One well-known British in

feels his A saving child who cash was found..

heavier "bank" getting heavier ar ever, China has not forgotten. may have had the effect of stir-dustrialist is currently rumoured to The bed belonged to a middle- and can comply it at any time, and. possess a secret underground cham- The example of these modern ring panic among those imber in a certain part of his estate.

aged plaster, who had died. The see its contents may develop a čom- 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," stirring of the blood of the fierce, episodes can only strengthen re-

Whatever is the cause it is in There is no doubt that nervousness revealed that the late owner all her if forgotten, conquerors whom

are lying dormant, in Britain, carning sistance by heating hatred with his increased among moneyed people had s rooted objection to put controvertible that millions of pounds

no interest for their owners, in all countries. During the financial ing money in a bank.

and not China has assimilated, have lent

every

the crisis in Britain in 1931, and also Able to Look at It repetition. Though

being utilised as they should for themselves to Nanking's new

during the financial collapse in

A very rich but eccenitic mer-national credit and expansion. world may forget and, in time, America a little later, discipline and resulted in a de-

pardon the mistakes of over. heavy withdrawals from banks. A chant who lived in London never Foolish Policy

had a bank account, and before he considerable portion of the aggregate feat which is nothing short of

Hoarders дго not only short- jealous, exelted young officers, sum has never returned to the banks. died a few years ago he was asked

for his reasons for this. In his alghied for themselves but uni- glorious.

The current low interest rates on Northern accent, he replied, "I mado patriotic. it in scarcely conceivable that deposits have also encouraged hoard- the money myself, I want to keep tries there are skingent laws in forco. In come European' coun. There is this feet to bear in what are to-day called by Chinese Ing, and probably never since use 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 notion." mind, that although the loss of dastardly crimes against a na- money in private custody as at the Solicitors And, hoarders very dit were both plunged almost Into Chapel and the foremost defence, tion will be termed errors of present time. lines to the north of. Shanghai, judgment to-morrow.

Chinng's divisions have con-Shanghai, as

there were

götten that Germany and France

years ago by

Women boarders for outnumber ficult clients. When it comes to economic ruin some

widespread

private hoarding men, and the part of the United winding up and administering their Kingdom with the highest proportion estates, the difficulties multiply. In money.

In the end both German and many cases hoarders do not reallsa ex-of hoarders is Ireland. Travellers How much they are worth, and, as French hoarders lost heavily by their

be in Irish country districts are seldom

paid by cheque, unless by big firms, they advance in years, they frequently policy, the re-veluation of the mark and some queer storica could be told forget where they have hidden certain and the frame upsetting all helt carefully arranged plons for finon- about Irish hoardern.

Sollcltorg have

to make

an ex-clat "safety." Chimneys are favourite hiding-

(Continued on Page 5.) places, and in a Kerry village. they haustive search when such forgetful

is a definite set-back to Chinese The Japanese faculty for misdemeanors will arms, it by no means spells dia- cusing

still aster. There is

much taxed to the limit to win for ground to defend, and the tem-'giveness of future Chinese por of the fighting forces is such generations.

+

suma

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