1938-10-31 — Page 6

THE HONGKONG TELEGRAPH, MONDAY, OCTOBER 81, 1938.

AS METRONICOT

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

ReAlla

Containers

80 cts.

60 cts.

A. S. WATSON & CO., LTD.

THE HONGKONG DISPENSARY.

FJUDEBAKIP)

The Last

Word in

Perfection !

THE YEAR'S

STUDEBAKER

Some Expressions of Satisfied Owners:

"You can't wear out à Studebaker."

"Costs less to run."

"Lends in roominess and in miracle- ride comfort,”

"I can drive it hundreds of miles and never feel fatigued."

Ask for a

demonstration drive.

Hongkong Hotel Garage

ཡ། 7སོགས== ཐ་མ་ཁོ་ནཏུL;

Stubbs Rd.

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

The Ballyhooligans

.Roy Fox Orchestra

Let a Song go out of My Heart-F.T.

BD-5397

You went to my Head-F.T.

BD-5396

You Leave me Breathless-F.T.

.Roy Fox Orchestra

If it Rains who Cares-F.T.

BD-5390

The Whispering Waltz

Henry Jacques Band

I Lot a Song go out of my Heart---F.T."

BD-5389

BD-5393

Meet me Down in Sunset Valley-F.T. Little Lady make Believe-F.T.

Palais Glide Medley No. 3 ... New Mayfair Orchestra

B- 8772 just let me Look at you

Poor little rich 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

AL

Tel. 27778-9.

MARRIAGE

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

now than when Hitler came into power in 1933.

WHEN

Hitler started hie polley of credit inflation

How

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- ERMANY is to all.

German syntkelle petrol, put of TOW far has it succeeded?

benzol, and lubricants increased from It was officially stated in 830,000 tons in 1933 to 2,300,000 tons appearances immea, his plan was delightfully simple. He June that home suppiles of food had in 1937, un excellent achievement." surably better off merely meant to give the trade of the been raised from 75 per cent, to 80 But here, also, owing to the sharp

country a powerful stimulus in the per cent. of requirements. This, hope that the wheels would keep however, is quite an arbitrary Sgure, be increased over the same perled rise in consumption, imports had to turning afterwards under their own as the harvest depends entirely on the from 2,200,000 tons to 3,100,000 tons.

Moreover, in certain indispensable lon above, soy, 3,000,000 tons will be And any increase in home produc- Items, Including fats, albumens and dimeult, if not impossible. It would cattle fodder, home 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 all-from-coal plants, but also accounted for 25 per cent. of Ger- for the enlargement of the German many's total food imports.

momentum.

He knew he had 0,000,000 unem- ployed, mostly skilled workers,

The new ronds, buildings, factorles, housing schemes, airports, and, of Christ Church, Westminster, London, on 29th October, 1938,

course, the vast expenditure on arms, magnificent industrial equipment, Charles Alexander

all indicate MeLulian,

wonderful large slocks of raw materials-every- O.B.E., to Esine Stuart, widow of prosperity. George Halton Pulls,

The

Hongkong Telegraph.

MONDAY, OCTOBER 31, 1038.

Records

GREAT BRITAIN this week may add a new record to the galaxy already established -Jack Harris Orch.in 1938, with the attempt to fly Noel Coward non-stop from Egypt to Aus-

..Comedy Harmonists

.Paul Robeson

tralia.

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 Geczy Orch. | achievements in various bran-

Kiss-Serenade (De Michell)

B. 8771

Waltzing Matilda.

Walata Poi (Hill)

ches of human activity. The Peter Dawson with Chorus Queen Mary has made the

quickest crossing of the Atlan- tic, Captain George Syston has

Messrs. S. MOUTRIE & CO., LTD. travelled faster on land than

York Bullding

Chater Road

COME IN TODAY!

SEE

BOTH 1938 FORD V.8 CARS

A DEMONSTRATION IS YOURS FOR THE ASKING

We now havs the 1938 line of Ford V8

cars. This your Earn new twn distinct and

· different anodel: The De Lane Ford V-8 - ̧

Cand the Standard Ford V-D.

The De Lane is entirely now in appese

ing curves and a longer hond give li modern boasty,

Both care include all the Ford advan teava which emssed people to lay more 193) Ford Y-3 care than any other 1937,

“ance. It's the biggest and most lyxurious į make. "Ford V-8 evar basis.

1

Came in today. We'll be glad to help

The Standard le newly styled. Plan you choose the car you want,

WALLACE HARPER & CO., LTD.

tim 134, 3o6wloon

Site: 58245.

Arsenal 81, Hong Kong.

Phone 28240.

Ford

anyone before him, the Mercury has set a new record for the. Blight from England to South Africa, records for endurance, altitude and speed in aviation have tumbled like nine-pins, and even the recent series of Test Matches provided a number of surpassing feats on the cricket field.

a state of

The question is, will it last? Or

thing, in fact, except orders.

Therefore, if the State provided

is the improved state of Germany the orders everything would be ail merely the result of five years of right again. unprecedented extravagance which has left the country more impoverish

ed than ever?

? QUESTION TIME

Among filtler's demands was

all persons who that

were living in the Czech areas on

October 28, 1918, or born there before that date, should be Pligible to vote in the plebis- cite. Why

this date?

At first eight it, only sug gests that the people living in Czecho-Slovakia at the end of the war-before the Repubile was formed-should have a say In its future.

of

the

But the demand goes deeper then

that. Actually nobody knows exactly how many Ger- mans were in what is how Czecho-Slovakin at that date. There was no census 50 tant they would have to use the one made in 1910 when Czechow. Slovakia

part 01 Was Austro-Hungarian Empire.

The 1910

figures reveal the signifleance of Hitler's der

demand, for then the Germans number- ed 27.73 of the population. The Czechs say that these @gures, compiled by the Ger- mans and Magyars of the old Empire, were cooked to the disadvantage of the Czechs and Slovake. Now

the 1921 census in Czecho-Slovakia put the Ger- man population at 23.4

per and the last census in cent.; 1036 showed that the Germans were 22.3

per cent, of the population of Czecho-Slovakia. So Hitler's demand (if it is based on the 1910 Agure, the only

available before October 1018) means that over 3 per cent, more Germans will vote in a a plebiscite than are now living in Cze

in Czecho-Slovakia. Even assuming that the extra that 5 per cent, could prove they were born or lived in Czecho-Slovakia before

1918, they would come from Ger many, and the result would be, in CASCA where the. Czechs have a small majority, now, the influx would. change them to German areas.

one

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- Mitters, "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 these at- tempts, considering how widely not for a record, but for its own the term "record" may be stretched, in the fashion cele- brated by the limerick that re- Iates how:

There TULLA a young fellow

called Clover,

Who bowled fifteen wider in

an over,

Which has never been done, By a Parson's son, By a Friday in August in❘

Dover.

Exploits that advance the bounds of possibility, or that add

activity, of an activity pursued

sake.

|Postscript for

Post-office

WHY

7HY IS it necessary to close air mail in Hongkong twelve hours before the Imperial Air- ways' planes depart? In Singa- pore, Late Fee boxes are pro- vided both at the post-offices and Airport. At the latter, mali can be posted fifteen minutes before the plane departs.

to the aum of knowledge, need 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, one ing box in Hongkong to the port may say that they are but the office in Singapore is taken up by focidental outcome of a rational 'handling delays in Hongkongf

But as the unemployed got to work more--more they began consuming food, more clothing. more bleycles more radio sets, more care and more cameras. So, as existing stocks were used up. Germany had largely to In- crease her imports of food and raw materials.

This would have been a healthy enough development if the 6,000,000 unemployed had been engaged on work of a reproductive nature. The exports of the goods they made would then have paid for the in- creased imports, and probably yield- ed a proft into the bargain.

INFORTUNATELY,

UNFO

how.

ever, the bulk of the em- ployment was created on works of a 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.

weather.

coal mines, which are at present Officially, Indeed, it has now been working to capacity. admitted that Germany will never be Then there is the shortage of 10- able to feed herself entirely, although bour. Coal miners are born, not of artificial fertilisers, crop rotation, employed on which to draw. no effort has been spared. By means made, and Germany has plant adaptation, cross-breeding, and the use of electricity and machinery

no un-

Another snog about synthetic fuels on furms, Germany has succeeded in is their very high cost. Imported 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-- other country in the world.

change is available.

But the limit of pro- ductivity has now been reached and the area under cultivation is de- creasing.

OWING

*

becomes more The fuel problem dimeult daily owing to the develop- ment of aviation, the motorisation of farm machinery and the Rimy, and the coming of the Strength through Joy cur, of which Hitler says there will be 2,000,000 on the roads within the next two or three years.

to the laying out of

A lot has been written about the workmen's colonies, new success of the German scientists in roads, motor highways, airports, producing

a really good synthetic military parade grounds and forest rubber, known as buna. This sub- reservations, the area under cultiva- stitute, however, costs-six 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 Reich

1

The Agures of fron ore production are particularly interesting since they reflect to some extent the German

rearmament programme.

it rose from 60 millions in 1933 to 67.8 Between 1932 and 1937 consump.... millions in 1937: And the problemation of iron are rose from. 5,000,000 tons to 29,000,000 tong. Over the has been made still more dimcult same period home production wes 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. F increasingly difficult for Germany to sell her goods in the world's mar-

kets.

For example, the persecution of the Jews, the purge of June 1934, and the harsh treatment of the Roman Catholles created a world-wide boy- cott of German products.

Hitler was therefore unable to pay for imported food and raw materials in the normal way. So he produced Is Four Year Plan-designed te make Germany self-supporting.

500,000 tons to 20,800,000 tons.

DESPITE

aimed at the production of synthetic Industrially the Four Year Plan

substantial In- Creases In home produc- materials to replace imported textile tion, therefore, Germany is more de- pendent than ever on foreign sup- flures, petrol, rubber and metals.

plies of this all-important raw ma- This part of the programme hos terial. The Anschluss will help, ns. proved inadequate and costly. Austria possesses valuable deposits. Between 1932 and 1937 home pre production in 1937, although a new of high grade iron ore, but Austria's duction of textile fibres, natural and high record, amounted to 2,000,000 to 280,000 tons. Nevertheless the in- synthetic, was raised from 80,000 tons tons only. 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

10-7

By Lichty

SILV

ER

"I do hope there \lon't a 'general wear, in Europewľ'm: boycotting: enough countries as it la.”

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 otage in its de- velopment. If rigid economy is en- forced now in the use of raw ma- terials, it should be possible to balance supply and demand until world trade conditions improve.

But with raw material slocks and foreign exchange resources exhaust- ed, it is obviously impossible to carry on if rearmament, monumental build- ing, reconstruction of cities and the intensive development of Austria pre- 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 paased 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- slon are remote with world trade, and therefore potential markets for Ger- man goods, contracting.

Even when world demand does lim- prove, it seems certain that current events will Increase rather diminish the existing against German products.

Than prejudice

Germany is therefore in the posi~ tion of the Individual with, ittle or no capital whose expenditure is rising. and whose Income is falling.

One day-

perhaps

fairly soon-a halt will have to be called.