THE HONGKONG TELEGRAPH, MONDAY, OCTOBER 31, 1938,
MATIONS
A WATSONS COTH
Watson's
Lavender
Talcum
A TOILET NECESSITY FOR ELEGANCE & COMFORT. Combining the Fragrance of Old English Lavender with Mild Antiseptic and Absorbent Qualities in Improved Form.
In Large Size
Refills
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80 cts.
60 cts.
A. S. WATSON & CO., LTD.
THE HONGKONG DISPENSARY.
NEW H.M.V. RECORDINGS
OCTOBER RELEASE
BD-5391
You couldn't be Cuter-Quick Step. Henry Jacques Band The Moon of Manakoora-Waltz
BD-5388 The Blue Danube Swing-Quick Step
Black Eyes-Quick Step
You went to my Head-F.T,
The Ballyhooligans ..Roy Fox Orchestra
The Last
Word in
Parfection!
THE YEAR'S
STUDEBAKER
Some Expressions of Satisfied Owners:
"You can't wear out a Studebaker,"
"Costs less to run."
"Leade in roomiŋess and in miracle- ride comfort."
"I can drive it hundreds of miles and never feel fatigued."
Ask for a
demonstration drive.
Hongkong Hotel Garage
Stubbs Rd.
Tel. 27778-9.
MARRIAGE
At Christ Church, Westminster, London, on 29th October, 1933, Charles Alexander McLellan, O.B.E., lo Esme Stuart, widow of Grone Hutton Potts,
The
Hongkong Telegraph.
MONDAY, OCTOBER 31, 1036.
BD-5397
1 Let a Song go out of My Heart-F.T.
BD-5396
You Leave me Breathless-F.T.
..Roy Fox Orchestra
If It Rains who Cares-F.T.
Records
BD-5390
The Whispering Waltz
Henry Jacques Band
1 Let a Song go out of my Heart-F.T.
BD-5389
8D-5393
Meet me Down in Sunset Valley-F.T. Little Lady make Believe-FT.
Palais Glide Medley No. 3 ...New Mayfair Orchestra
B- 8772 Just let me Look at you
Poor little rith Girl
B- 8779 Now we'll drink just one more...
The Village Band
B. 8781
No More (Negro Folk Song) En can ta dora Maria
Jack Harris Orch. ..Noel Coward
Comedy Harmonists
Paul Robeson
G
REAT BRITAIN this week may add a new record to the galaxy already established in 1938, with the attempt to fly non-stop from Egypt to Au8- tralin.
Records created in the year that is now rapidly drawing to its close have represented new
B- 8780 The Wind has told me so ...Barnabas von Ceczy Orch. achievements in various bran-
Kiss-Serenade (De Michelil
B- 8771
Waltzing Matilda
Walata Poi (HR)
ches of human activity. The .Peter Dawson with Chorus Queen Mary has made the quickest crossing of the Atlan- tic, Captain George Syaton has than
Messrs. S. MOUTRIE & CO., LTD. travelled faster on land
York Building
Chater Road
COME IN TODAY!
SEE BOTH 1938 FORD V.8 CARS
A DEMONSTRATION IS YOURS FOR THE ASKING
We now have the 1938 line of Fred V-Being ruryos and a longer hond give it muru. This your there nee tino distimet and
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The Standard le newly styles. Floren
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Come in today. We'll be glad to help you choose the car you want,
WALLACE - HARPER & CO. LTDA
Withak Rd, Kowloon
Arsenal, B, Hong Kong.
Phone 28240.
Fört
anyone before him, the Mercury hes set a new record for thei flight from England to South Africa, records for endurance, altitude and speed in aviation have tumbled like nine-pina, and even the recent series of Test Matches provided a number of surpassing feats on the cricket field.
The modern and widespread pursuit of records is not invari- ably a desirable or an edifying practice: it sometimes degener- ates into a pointless display of endurance, as in the case of pole- sitters, "marathon dancers", people who push billiard balls along a street with their nose, to mention but a few; or it may display only eccentricity. Per- haps, indeed, it is cause for con- gratulation that there is not a greater variety of theso at- tempts, considering how widely the term "record" may stretched, in the fashion cele- brated by the limerick that re- lates how:
G
IS HITLER SHORT
OF MONEY?
Here is a financial expert's unbiased answer-unbiased because this article was written before the Czech crisis arose
policy of credit Inflation
It was omelally stated in
Even in the most favourable circumst- ances home production cannot exceed 35 per cent. of total consump- tion, for the supply of suitable timber is now falling.
The production of synthetic petrol has been even less successful. Out- pul of German synthetic petrol, benzol, and lubricants increased from
ERMANY is to all WH
WHEN Hitler started his How far has it succeeded? appearances immea- his plan was delightfully simple, He June that home supplies of root 830,000 tons in 1933 to 2.300,000 tons in 1937, an excellent achievement. surably better off merely meant to give the trade of the been raised from 75 per cent. to 60 But here, also, owing to the sharp per cent. of requirements. This, rise in consumption, Imports had to country a powerful stimulus in the now than when Hitler came hope that the wheels would keep however, is quite un arbitrary figure, be increased over the same period
as the harvest depends entirely on the from 2.200,000 tons to 3,100,000 tons. turning afterwards under their own into power in 1933.
weather. momentum.
The new roads, buildings, factories,
He knew he had 6,000,000 unem- housing schemes, airports, and, of
ployed, mostly skilled workers, a course, the vast expenditure on arms, magnificent
equipment, all indicate
wonderful large stocks of raw materials-every-
prosperity,
a state of
Or
industrial
thing, in fact, except orders.
Therefore, if the State provided
The question is, will it last? is the improved state of Germany the orders everything would be all merely the result of five years of right again.
But as the unemployed got to work unprecedented extravagance, which has left the country more impoverish they began consuming more-more food, more clothing. more bleycles more radio sets, more cars and more cameras. So, as existing stocks were used up, Germany had largely to in- eroase her imports of food and raw materials.
ed than ever
? QUESTION TIME
Were
Among Hitler's demands was
persona zelts that att living in the Czech areas on October 28, 1918, or born there before that date, should be eligible to vote in the plebis elte. Why this date?
At first sight it only Lug- gests that the people living in Czecho-Slovakia at the end of the war-before the Republic was formed should have 'n say In its future.
mas.
But the demand goes deeper than
that. Actually nobody knows exactly how many Ger mans were in what is now Czecho-Slovakin at that date. There was no census so that they
would have to use the one mudo
in 1910 when Czecho- the Slovakia was part of Austro-Hungarian Empire.
The 1910 figures reveal the significance of Hitler's demand, for them the Germans number- ed 27.73 «t. the population. that these The Czechs sy figures, compiled by the Ger- mans and Magyars of the old the Empire, were cooked to disadvantage of the Czechs and Slovaks.
onc
before
This would have been a healthy enough development if the 6,800,000 engaged on unemployed had been work of a reproductive nature. The exporta
made of the goods they would then have paid for the in- creased imports, and probably yield-. ed a profit into the bargain.
UNFORTUNATELY,
how-
And any increase in home produc- Moreover, in certain indispensable ton above, say, 3,000,000 toris will be items, including fats, nibumens and dimeuft, it not impossible. It would cattle fodder, liome production is still involve the Investment of huge for below 80 per cent. In 1937, for amounts of capital, not only for erec- example, fats and cattle fodder alone tion of oil-from-coal plants, but also accounted for 25 per cent. of Ger- for the enlargement of the German many's tatal food imports.
roal mines, which are at present Omelally, indeed, it has now been working to capacity. admitted that Germany will never be Then there is the shortage of In- able to feed herself entirely, although bour. Coal miners are born, not no effort hus been spared. By means made, and Germany has no un- of artificial fertilisers, crop rotation, employed on which to draw. plant adaptation, cross-breeding, and
the use of electrielty and machinery Another snag about synthetic fuels very high cost. Imported on farms, Germany lias succeeded in is their wresting more per nere from her fuels can be had for a fraction of the naturally unfertile soil than any price if the necessary foreign ex-
change is available. other country in the world.
But the limit of pro- ductivity has now been reached - and the arca under cultivation is de- creasing.
ever, the bulk of the em- ployment was created on works of a roads, non-productive character.
Even Dr. Schacht has yet to discover a method of bartering 100 miles
of new concrete motor road for a few cargoes- of wheat.
motor
The fuel problem becomes more difficult daily owing to the develop- ment of aviation, the motorisation of farm machinery and the army, and the coming of the Strength through Joy car, of which Hitler says there' will be 7,000,000 on the roads within the next two or three years.
WING to the laying out of
A lot has been written about the workmen's colonies, new success of the German selentists in highways, airports, producing a really good synthetic milltary parade grounds and forest rubber, known as bunn. This sub- reservations, the area under cultiva- stitute, however, costs aix times the tion has fallen during the past five price of the natural product. years by no less than 1,750,000 acres, or 2 per cent, of the total. -
In addition, the population of Ger. many is increasing. In the old Relch
The figures of iron ore production are particularly interesting since they reflect to some extent the German
rearmament programme.
it rose from 66 millions in 1933 to 07.0 tion of iron ore cose from 5,000,000TM
Between 1032 and 1037 consump- millions in 1937. And the problem tons to 29,000,000 tons. Over the has been made still more difficult same period home production was in-
Thus Germany's exports did not since the absorption of Austria, us creased from 1,300,000 tons to 8,500,- rise as fast as her imports. In addi- that country has always been a heavy 000 tons, but imports rose from 3,- tion, unforeseen developments made importer of food,
It increasingly dieult for Germany to sell her goods in the world's mar keta.
1
For example, the persecution of the Jews, the purge of June 1934, and the harsh treatment of the Roman Now the 1021 census in
Catholics created a world-wide boy- Czecho-Slovakia put the Ger-
23.4 per
coll of German products. man population at cent; and the last census iri
Hitler was therefore unable to pay 1936 showed that the Germans
for imported food and raw materials 22.3 per cent. were
of the
in the normal way. So he produced population of Czecho-Slovakia.
So Hiller's demand (1
his Four Year Plan-designed it is based on the 1910 figure, the make Germany self-supporting. only
available October 1918) means that over ore Germans wil 5 per cent. more Gern vote in a plebiscite than are now living in Czecho-Slovakia. Even assuming that the extra per cent. could prove that they were born or lived in Czceho-Slovakia before ID18, they would come from Ger- miny, and the result would be, where the Czechs in cases have a small majority now, the influx would change them to German areas,
activity, of an activity pursued not for a record, but for its own beanke.
There was 2 young fellow
called Clover,
Who bowled fifteen wides in
an over,
Which has never been done, By a Parson's 2011,
Postscript for Post-office WHY IS it necessary to close
air mail in Hongkong twelve hours before the Imperial Alr- ways' planes depart? In Singa- pore, Late Fee boxes are pro-
By a Friday in August invided both at the post-offices and
Dover.
Airport At the latter, mail can Exploits that advance the be posted fifteen minutes before bounds of possibility, or that add the plane departe, to the sum of knowledge, n
nced
Fifty per cent. of the time it
no defence; while as for records takes,to get a letter from a post- in connection with sport, ono ing box in Hongkong to the post. may say that they are but the office in Singapore is taken up by incidental outcome of a rational handling delays in Hongkong!
500,000 tons to 20,000,000 tons.
creases in
in- home produc-
Industrially the Four Year Plan
DESPITE substantial aimed at the production of synthetic materials to replace imported textile tion, therefore, Germany is more de- pendent than ever on foreign sup- fibres, petrol, rubber and metals.
plies of this all-important raw ma- This part of the programme has terial. The Anschluss will help, as proved inadequate and costly.
Austria possesses valuable deposits of high grade iron ore, but Austria's Between 1032 and 1037 home pro- production in 1937, although a new duction of texillo fibres, natural and high record, amounted to 2,000,000 synthetic, was raised from 80,000 tons tons only. to 280,000 tons. Nevertheless the in- crease was only from 13 per cent. to 20 per cent. of total consumption, due largely to the sharp rise in demand following the absorption of the 8,000,- 000 unemployed,
GRIN AND BEAR IT
Depi 12300e Dotted Posters Brustasin Tan
By Lichty
"I do hope there isn't a general tear in Europe-I'm boycotting
enough countries as it ša,”
At best it can be rais- ed to 4,000,000 tons, which will help but not solve the German iron ore problem.
Economically the Third Reich has now reached a critical stage in its de- velopment. If rigid economy is en- forced now in the use of raw ma- terials, it should be possible balance supply and demand world trade conditions Improve.
to
נו הט
But with raw material stocks and foreign exchange resources exhaust- ed, it is obviously impossible to carry on If rearmament, monumental bulld- Ing, reconstruction of cities and the Intensive development of Austria are all to go forward simultaneously.
These schemes are no longer mere- ly a question of internal finance as they were five years ago. The stage has been passed when anything can be gained by writing promissory notes,
TO-DAY foreign exchange is needed and can only be obtained by a great expansion of ex- ports. Prospects of any such expan- alon are remote with world trade, and therefore potential markets for Ger- man goods, contracting!
· Even when world demand does im~ prove, it seems certain that current events will increase rather than diminish the existing prejudice against German, products.
Germany is therefore in the post- tion of the individual with little or no capital whose expenditure is rising and whose income is falling.
One day
perhaps
fairly soon- hall will: have to be called.
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