1950-02-20 — Page 4

Hongkong Telegraph 港電新報 士蔑新聞 All

LEE Liberly

AIR CONDITIONED

OZONIZED AND WAKIA...

4 SHOWS AT

2,30, 5.15, 7.20 & 9.20 P.M.

4 SHOWS AT 2.30, 5.30, 7.30

9.30 P.M.

SHOWING TO-DAY

Lover-Boy Hope At His Funniest!

JOB

BHONDA

HOPE FLEMING

THE HÓNGKONG TELEGRAPH, MONDAY, FEBRUARY 20, 1950.

LIBERAL SPECTRE

ALAIVITY

RUS

ESCAPIST OSTRICH

CLEM'S STRONG HAND

AT THE HELA

MA PRAVOR

WINSTON MICAWGER Iwith poisey

"IT'S THE RIGHT ADDRESS, I TELL YOU! THIS IS THE PLACE I WAS TOLD TO DELIVER "EM."

YOUNG TORY wtoring Attice's old

pants

Dould

TU.C.

ไก

Great Lover

ADLAND ROLAND

YOUNG-CULVER

RICHARD

CART

LYON-GRAY

Prodecal by EDMUND BELON

ALEXANDER HALL

ADDED ATTRACTION: Latest Paramount Novoltoon

“LEPRECHAUN'S GOLD"

LIBERTY

MORNING SHOW DAILY AT 11.00 A.M. "COLOUR CARTOONS"

AUNT WOOLTON)

and PIE

daytra

QUEENS ALHAMBR

SHOWING TO-DAY AT 2.30, 5.15, 7.20 & 9.30 P.M.

MGM DO TECHNICOLOR MUSICAL

Neptune's Daughter

ESTHER WILLIAMS RED SKELTON RICARDO MONTALBIN ESTTY CURETT

KERIAN WYKEN-XAVIER CUGAT,

5 SHOWS

TO-DAY

Cabhay

LOOR TEAM ad sut love

Čoratory Wharton

1097 17AM -

Manda dan J

AT 12.30,

2.30, 5.30,

7.30 & 9.30 P.M.

A U.S.S.R. PRODUCTION

對國全

白品部

軍街近车青

THE SEPSE SJALIK PRIZĖ

"KINER of 1958!

Young Guards

PART 1: 12.30, 2.30 AND 7:30

PART II: 5.30 AND 9.30

SHOWING

TO-DAY MAJESTIC

LAUGHS! ROMANCE! SPECTACLE! MUSICI

ADDED ATTRACTION

NEXT CHANGE

and a laye story

you'll never forget!

MONTAGU

MOVING

NORMAN

The man who brought Britain to the verge of collapse

Види

4

BERNARD

HARRI 3

example of what a banker should be.

His only frailty was his love of the art of show

ORD Norman, central realm of finance provoked manship.

figure of the financial Professor Haroid Läuski, the crisis which sent the Socialist, to lament in pound toppling in 1931 and drove Britain off the gold standard, died on February 4. He was 78.

1940:-

-once

Rra

The terrible effort to carry nut the

terms of

World Copyright.

Lord Nurman

: !

De strangement with Daily Suraja

C.V.R. Thompson First Man Carol

NEW YORK. DROADWAY is queueing

The crowds are turning ap, not

because the sky

signs say "The zither will put you in a dither," but that. the which Norman and Dr Schacht, because of reviews Norman Baldwin settlement President of the Reichsbank, made Hollywood jealous. brought Britain to the verge of were directors.

"Matchless artistry," said Soy-- collapse. I started disastrous

mour Peck, Broadway's hardest-

"A Titan of, to please critic. genlus," said the Dally Mirror's Justin Gilbert of director Carol: Reed, "Stunning," said the Daily News.

Concluded

As a result there were not forces which sprend privation enough blocked Czech assets to Lover Czech debis due to Britain.

the World- Telegram's critle: "I am willing to bet I have seen the outstand- ing nim of 1950."

"I do

would Britain Way

not

and misery through the world. The bare facts of his life

that he was born in To meet the annual payments,

BUT HE MADE London on September 6, Britain was drained of her gold

NO PROTEST "Britain has been con 1871, of a banking family, stocks. It was an insufferable quered twice in its history served in the South African burden. Because we could not

OVCI won the buy, productes all where h!

JÖRMAN was defended in the by William

NORMAN was defended in the the War, When Montagu Norman Norman in 1066 and once D.S.O. and in 1933, at the world were ruined.

he was.. was appointed Governor of by Montagu Norman in age of 62,-when

By 1932 the British Govern- ground that neither of them had been told. But Norman made the Bank of England in 1931.”

being described as # con- ment ometally estimated the no protest.

caused by firmed bachelor, he married loss of world trade 1920, his predecessor, Lord

It was thought that the story Alec Cunliffe, made this pro-

He was referring to the a grand-daughter of the the war-debt burden at £1,000,- would have ended with the cul-established hits. action of

000 an hour (I repeat, an hour) break of war. But his influence the Government seventh Earl of Abingdon, phecy:

in abandoning the gold "I am to be succeeded by standard in 1931, six years a man of whom few people after the country had been outside the City have ever forced back on it, with the heard. His name is Norman, object. attributed to the

WENT TO WORK BY UNDERGROUND

I predict that the whole Governor of the Bank of HE was fond of gardening and world will hear of him, that England, of being The will remain Governor of muke "the pound look the

the Bank of England as long dollar in the face,"

as he draws breath, and that

able to

clay modelling. He was a landowner in Kent. He went to work often by Underground with his ticket in the band of

when he ceases to be Gover- It was to that action of las black hal. nor the Bank will cease to 1925 that Montagu Nor- That was

Montagu Norman

faced Never had the world such disorder. Montagut Norman was calm, unruffat. "Let the dogs bark," he said.

Austria,

know what Broad- be doing without Just now, Leslie Banks, Arthur Margetson, Sir Cedric Hardwicke, Ernest Thesiger,

Guinness aro all

in

raving over 13-year-old

won all the dramatisation of

They are also

Cole, as David Sir on

Kingsley Wood Chancellor was no great as it London boy, who

applause in a was on Baldwin.

Henry James's thriller, "The IIS principal opponents Turn of the Screw."

these Bisastrous throughout

And in the non-musical felds were the Beaverbrook most of the plays are British. years

Shaw plays, "The Devil's "Caesar and and the Daily Express. papers, the Sunday Express and

Cleopatra," are increasing They opposed the settlement G.B.5. tax worries and opposed the return to the gold of the American" debt. They Treasury's dollar hoard.

T.S. Eliot's "A Cocktail Party" standard. They opposed

is a a solid hit. And even the to Austria, inconsequential "Clutterbuck" lending of money

opposed the lending of by Benn Levy is headed for a

longish run.

Earlier, believing that world recovery would be stimulated if European nations could be put on their feet, Montagut Norman encourage the City of London to "invest" in Central Europe.

Money WAS poured into They be a private institution." man's and the Govern the man. Montagu Norman the

and gobbled UP. money to Germany. That prediction proved ment's critics attributed the banker was a different proposi-

wns Hungary asked — and All that can be said in his collapse of our coal exports, tion. truc almost in its entirety.

and the coal owners' de defence is that the badness he given. Even the Reichsbank of inanda for lower wages that showed in public life was due Germany got a good helping. led directly to the General not to wickedness but to error.

Not one of the loans was ever Strike.

At the end of the 1014-10 war repaid. They proved to be free came in handy he tried to make London the gifts, of the world when Anancial centre agala at any price.

ABANDONED THE GOLD STANDARD

THE whole world heard of Montagu Norman. Be

HE LED THE SIMPLE LIFE

that office for WHAT kind of a man was of more than five years-and

was Governor for 24 years -never before had anyone served, in

They

Germany

started

re-

the

They alincked him over the Bank for International Settle- ments. They altneked him over the Czech gold,

the the

election (1952) it may be "a NEXT TIME America has an little easier for Britain to follow.. A big drive has begun to. simplify the electoral system. HIS MESMERIC If it is passed the new system- will reflect the popular Vote INFLUENCE

even more necurately than the. British system. arming.

WHAT, it has been asked, was

for Terrli REVISED Course mesmeric, All the money he had hoped the

influence: He worked for the reitlement

£300,000,000 our

war to enrich the City of London which Montagu Norman seemed torials in South Carolina, one Southern States, to exercise over

successive of America's this Norman? He can debt to the United States. He with was lost-and Hitler was

Chancellors of the Exchequer? will provide training in bow to rescue victims froth lynch moba, sen- mesmerised Stanley Baldwin erented.

seems The answer

to be he would have gone on still be epitomised in one

That should have been the

JOMEN, getting worried, be- simply that he knew what he WO At 2.30, 5.20. longer but for his doctors tence Montagu Norman into settling at a cost to us of

was a good man who never £33,000,000 a year.

end of the story. But no. It wanted and went on till he goi cause they now outnumber advice.

assured men, were

that they made good decisions.

ft. That was the first blunder. went on.

could still find a husband. · Dr- And within two years of

hus successful

Banker, not In private he

led the From it, and

A quarter his retirement the Bank simple life. He never wanted standard in 1925, all his other Government's

Margaret Mead an expert in advocacy of a return to the gold

politician," he said once. But such things, said: "Any woman gold reserve there did not seem to be a censed to

who wants to get married, can a private

money for himself. He was blunders sprang.

£6,000,000-held in London was politician who knew sufficient still find a man unless sho is institution.

handle the simple deaf, dumb, and blind. Men are abstemious in what he ate.

Never has one man taken two handed over in 1930 to Germany tricks to Montagu Norman's pre- and what he drank. He was, more economically

disastrous at the behest of the Bank for Lanker.

International eminence in the mysterious as a man, a self-sacrificing decisions.

Settlements, of

Parasdual ♬ preist

7,20 & 9.20 P.M.

MR. BUG GOES TO TOWN

altat, ka ngre kystlike Cartenr

IN TECHNICOLOR!

WAX FLEISCHER • DAVE FLESTHER

::WALT, DISNEY'S COLOR cartoon “INTERIOR DECORATOR"

ROD in "PANHANDLE”

CAMERON

be

NANCY

WHAT ARE

YOU DOING [SLUGGC ?Å

Youth Will Be Served

I'M STILL WOLKIN ON MY INVENTION

THAT'S BEEN GOING ON

FOR WEEKS

Czech of the

By Ernie Bushmiller

IT WOIKE

I HOPE

SHOVEL

MOW

WALK

LAWNY

GO TO

STORE

DO HOME

WORK

"I ain

Д

-{London Express Service)

more willing now than over to mairy any girl they can get."

BEAUTY

SOAP THAT SPELLS

Princess

NADJI

CRIMINAL 3034

FOUR FLORAL FRAGRANCES FER- MAMU NANKANG CO, PRON KING NY,

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