23 JULY 1937

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NEWS OF THE WEEK

The Spectator

T HE debates on Palestine in the House of Lords and the House of Commons this week have both shown that, despite all criticism, no better alternative is forth- coming. In the...

Mr. Eden and Spain In the . debate in the House

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of Commons on Monday Mr. Eden made one- of his usual well-balanced pronouncements on foreign Policy. He pressed home (though without the almost indecent exultation displayed by...

The Far Eastern Conundrum Skirmishing between Japanese and Chinese troops

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in the neighbourhood of Peking has continued intermittently throughout the week. Armies are on the move. Japans: aeroplanes have flbwn round and over the city. Yet the word "...

Page 2

The Policy of Czechoslovakia The Cabinet crisis in Czechoslovakia would

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have little interest for the rest of the world but for that country's pre- carious international situation. The Henlein National Socialists are the largest siagle party in the...

The Yugo-Slav Concordat The Concordat recently signed between Yugoslavia and

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the Holy See, and now submitted for ratification to the Yugoslav Parliament, has produced the first open explosion of popular indignation against. the Government in Belgrade...

Defence at Home The local authorities have apparently surprised the

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Home Secretary by their unanimous rejection of the Government's offer to contribute 70 per cent. towards the cost of air defence plans, and the whole elaborate scheme of defence...

The New Naval Agreements The naval agreements between Great Britain

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and Germany and Great Britain and the Soviet Union signed in London last Saturday are welcome. But it would be an affectation to pretend that they are a very serious...

Unemployment in the Depressed Areas The Ministry of Labour has

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performed a useful service by publishing its analysis of unemployment in the depressed. areas, though these figures offer a bitter contrast with the prosperity which the rest of...

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The House listened with strained attention when Mr. Ormsby-Gore opened

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the discussion on Palestine. He dis- carded his usual air of flippancy and delivered one of the most powerful and moving orations that have been heard at West- minster in recent...

Lord Cranborne's reply for the Government was not altogether a

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success. He dismissed Mr. Dalton, who had referred to the Manchurian and Abyssinian disputes, as one who had gone to the library and " mugged up a lot of old stuff." If this...

Debates on foreign affairs generally reach a high standard.

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Perhaps the most interesting contribution on Monday last came from the Duchess of Atholl. There has been nothing in recent Parliamentary history to compare with the evolution of...

Marconi and Miss Earhart In the furthest corners of the

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earth the name of Marconi is familar to those who have never heard of the ephemeral great men of modern Europe ; nor is his fame likely to fade with the years. Such world renown...

Railway Wages This week the Railway Staff National Tribunal, of

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which Sir Arthur Salter is the Chairman, began its hearing of the claims put forward by the three railway unions. They include demands for the restoration of the ri per cent....

The Marriage Bill The Marriage Bill, re-christened the Matrimonial Causes

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Bill, passed its third reading in the House of Lords on Monday, and it seems certain to become law before the end of this month. In committee the Lords introduced their most...

The Week in Parliament Our Parliamentary Correspondent writes : Spanish

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waters are constantly sounding in the ears of the House of Commons. Last week members were concerned with the north coast and the alleged blockade of Santander. Government back-...

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DEMOCRACY AND THE FRANC

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U NSUBSTANTIATED rumours of a split in the French Cabinet on M. Bonnet's proposals for the rehabilitation of French finances were sufficient to cause ominous fluctuations in the...

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THE TEMPLE OF ART

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IT is natural that Herr Hitler should have views on art ; for he was once a house-painter, though according to Cardinal Mundelein a bad one, and the Pope also apparently agrees...

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A SPECTATOR'S NOTEBOOK

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H AD the Government not announced their decision to adopt the Palestine Commission's recommendations we may be sure that they would have been everywhere rejected as unjust and...

There is a growing feeling among surgeons and doctors that

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the Workmen's Compensation Acts need radical reform. The liability of the employer, against which he is almost invariably insured, is to pay compensation according to a...

Last Saturday night I watched in a clear sky the

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occultation of Mars by the moon, an occurrence rare enough to be notable. Just before Christmas, 1934, I was fortunate enough to see Venus, almost at its brightest, and Saturn,...

The influx of able-bodied Irish men and women con- tinues.

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From 1926 to 193o the recorded net inward balance from the Irish Free State was 69,000 ; from 1931 to 1935, 5o,000. The actual figures are probably higher ; for 1936 it was...

I met a boy this week collecting a particular fungus

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which grows on elm trees—none other, he said, suited his purpose, which was to smoke out wasps. It burned like tinder when dry ; a burning lump placed at the entrance dispersed...

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THE FUTURE OF PUBLIC SCHOOLS II

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By A HEADMASTER T HE proposition enunciated in my first article is that secondary boarding schools have a healthy influence on the national life and should be continued so long...

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CRISIS IN THE FAR EAST

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By A SPECIAL. CORRESPONDENT The situation has changed considerably since Japan won its last spectacular success just two years ago. The Nanking Government has become much...

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LONG-DISTANCE FLIGHTS

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By LIEUT.-COLONEL J. T. C. MOORE-BRABAZON, M.C., IT is only some 26 years since a thousand pounds was won for flying a mile on an English machine. It sounds very easy now but,...

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LESSONS OF THE SPANISH WAR_ By G. - L. STEER I T

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is now a full year since General Mola raised the garrisons of northern Spain in revolt against the . Spanish Govern- ment, to begin the march upon Madrid which was, in tile...

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SEA VERGE

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By RICHARD ALDINGTON W HERE sea meets land—that is the only true frontier on the surface of the world. Even great mountain ranges are not so abrupt and inaccessible that we...

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AN ENGLISHMAN

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By RUPERT CROFT-COOKE IT was when I was on my way to Buenos Aires for the first time, thirteen years ago, to teach in an English school, that I met the finest example in my...

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MARGINAL COMMENTS

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By ROSE MACAULAY IN this rather sad world, to be offered a drink is some- 1. thing, and when I open a letter and see in it the glad word symposium, I own that I am at first...

THE DEAD JAY

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A WITLESS, pert, bedizened fop, Man mocks, resembles you ; But, now and then, a prince of such Proves rascal through and through. And sorrowing simple birds agree It is his...

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Commonwealth and Foreign

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HUNGARY AND HER NEIGHBOURS From A CORRESPONDENT THE distinction of Hungarian foreign policy since the War has been its consistency. The revision of the Treaty of Trianon, by...

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STAGE AND SCREEN

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THE BALLET "Francesca da Rimini" M. Lids la's new ballet, Francesca da Rimini, continues the tradition established in Schihirazade of fitting of a new dramatic action to music...

THE CINEMA

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"Parnell." At the Empire-"Yiddle with His Fiddle." At the Academy IN a letter last week COunt Ostrorog expressed his annoyance at my criticism of his new cinema, the Berkeley.....

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MUNCHEN IM TRUBEL

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[Von einem deutschen Korrespondenten] Wm nach Munchen, in die Hauptstadt Bayeros kommt, der wird wohl auch bald das schtine bayrische Wort Trebel kennen lernen. Ein Trubel, in...

ART

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Matisse and Rouault BIGOTS, says one critic of the exhibition of paintings by Matisse at Rosenberg's, will dismiss this show as irrelevant.. Writing myself as an unreclaimable...

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A Pest of the Moors

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The bird is now the terror of the grouse-moor anywhere near the coast, and deliberately hunts for the young birds. Few small live things are safe from its attacks. Organised...

Weather and Population One may prophesy from the weather the

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welfare of certain animals - Wet weather in spring alvimys increases the number of rats - and- reduces the 'number of insects. June and -July thunderstorms are recognised as the...

COUNTRY LIFE

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An Oversea Comment In talking with a number of the oversea visitors who are visiting our farms, especially the grass farms, and discussing problems at Aberystwyth University, I...

The Worst Bird It is a curious coincidence that within

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the space of a wezk dwellers in Skye, in Jura and in North Devon have told me tales of the lamentable increase of the greater black-backed gull, which is much the most savage of...

Spare the Knife There is, I suppose, little question that

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the rose is the best of all flowering bushes ; but how seldom it is allowed to be a bush ! As a rule it is pruned in the spring so hard that the bush almost vanishes. Yet the...

Starved Grouse • While we have lost some beautiful and

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altogether harmless insects, we have had a plethora of some most offensive insects. The plague of caterpillars in the North is stayed, if only by the natural terms decreed in...

The Vanished Swallow-tail . A number of very beautiful illustrations

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of butterflies were presented to Oxford not so long ago ; and it appears from evidence connected with them as - in other records that the swallow-tail butterfly was once common...

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LETTERS TO THE EDITOR

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[Correspondents are requested to keep their letters as brief as is reasonably possible. The most suitable length is that of one of our " News of the Week " paragraphs. Signed...

THE ARMY TODAY

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[To the Editor of THE SPECTATOR.] Sta,—Having recently retired after Ili years in the Army, may I add to the excellent article by Captain J. R. J. Macnamara, M.P., in last...

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SENIOR SCHOOLS IN RURAL AREAS [To the Editor of THE

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SPECTATOR.] SIR,—My letter in your issue of June Ilth dealing with this matter, and in view of the proposal that there should be one senior school for Crowborough, compared...

CHANGING GERMANY

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[To the Editor of THE SPECTATOR.] SIR,—I agree with your correspondent, Mr. Burns, that " on the whole " the Hitler regime - in •Germany has been " an enor- mous success." I...

IRELAND AND THE COMMONWEALTH [To the Editor of THE SPECTATOR.]

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SER,—It is of great importance that there should be a clear understanding of the Constitutional issues involved in the situation that has been created in the Irish Fite State....

THE WORSHIP OF GERMANIA [To the Editor of THE SPECTATOR.]

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Sia,—The Rev. A. S. Duncan-Jones, in your issue of July 16th, tells us that German Catholics and Protestant Christians would point out that the prophets of Hebrews I 1 were...

A CHANGING IRELAND [To the Editor of THE SPECTATOR.] SIR,—Mr.

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B. J. D. Brooke's letter has not altered my view regarding his incompetence as an Ulster advocate, for he appears to be completely ignorant of Lord Craigavon's state- ment that...

Page 20

THE NURSE'S TRAINING

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[To the Editor of THE SPECTATOR.] SIR,—With the reforms of a nurse's training advocated by your contributor most nurses will agree. May I raise some further points ? The Nurses...

'MILK POLICY.

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[To the Editor of THE SPECTATOR.] . SIR,—In your note about the Memorandum presented. to the Ministry of Health by the. Children's Minimum Council you refer to the quotation,...

[To the Editor of pp ] _SPECTATOR . Sta,—" A . Headmaster,"

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in the first of his articles on the fUture of Public Schools, spealun: g . of the smaller Public Schools writes : " Of these schools some are the old Grammar Schools, which,...

THE FUTURE OF PUBLIC SCHOOLS

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[To the Editor of THE SPECTATOR.] Sta,—The gloomy account of the . smaller Public Schools which " A' Headmaster " gave in your issue of July 16th may in the main be accurate,...

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GENTLEMEN

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[To the Editor of THE SPECTATOR.] SIR,—The reviewer in your issue of July 9th of von Stutter- heim's England : Heute and Morgen, gives expression to a not uncommon antipathy to...

QUEEN VICTORIA AND MR. GLADSTONE [To the Editor of THE

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SPECTATOR.] -SIa,—The issue between Mr. H. M. Wallis and myself is a very simple one of fact. Did, or did not, Queen Victoria refuse a request by Mr. Gladstone to create peers...

MUDIE'S

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[To the Editor of THE SPECTATOR.] SIR,—Mr. Kellett has touched upon some of the causes for the passing of Mudie's Library, many years after the lapse of the monopoly which it...

THE OPIUM DANGER

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[To the Editor of THE SPECTATOR.] SIR,—In a letter published in your issue of May 7th, the Rev. C. F. Andrews pleads for " a gradual suppres- sion of the vile habit in all...

Page 22

GUERNICA AND BADAJOS [To the Editor of Tire SPECTATOR.] Snt,—You

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publish in your issue of July 9th three comments on my letter relating to the bombing of Guernica. Let me begin by railing your readers' attention to Mr. Stather-Hunt's refer-...

THE DESECRATION. OF ENGLAND [To the Editor of Tire SPECTATOR.]

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Sul,—Mr. W. A. Hirst's interesting letter in your isstie Of July 2nd contains an injustice to the Press and public' of this country against which I Grave permission to ....

Page 23

BOOKS OF THE DAY

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Italy Under Fascism (Dr. Herman Finer) Franz Kafka (Edward Sackville West) . A Champion of Reason (A. J. Ayer) • The Framework of France (Prof. Paul Vaucher) The Arts in Russia...

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A CHAMPION OF REASON •

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Diderot. Interpreter of Nature. Selected Writings. Trans- lated by Jean Stewart and Jonathan Kemp. Edited, with an Introduction, by- Jonathan Kemp. (Lawrence and Wishart. los....

FRANZ KAFKA

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The Trial. By Franz Kafka. Translated by Edwin and Willa Muir. (Gollancz. 78. 6d.) THE greatness of Kafka's work lies, not in width of scope, but in originality. All his books...

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'FRANCE IN TRANSITION

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The Framework of France. By H. G. Danie:s. (Nisbet. los. 6d.) As an important journalist living in Paris for ten years Mr. Daniels made full use of the opportunity to study the...

THE ARTS IN RUSSIA

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Prometheus and the Bolsheviks. By John Lehmann. (The CSCSSet Press. I2S. 6d.) THESE books must be considered valuable in the spate of material dealin g with the Soviet Union;...

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ARAN AND BOSTON

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THIRTY-FIVE years ago Mr. W. B. Yeats, meeting the late J. M. Synge in Paris, recognised a• poet. At the time Synge was an unsuccessful contributor to current belles - lettres...

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THE CHRISTIAN ERA

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Civitas Del. Vol. H. By Lionel Curtis. (Macmillan. 12s. 6d.) THREE years a g o Mr. Curtis made, in the first (and at that time the only prOjeeted) volume of Civitas Dei, what...

EDWARD THOMAS IN DETAIL

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Edward Thomas. A Biography and a Bibliography. By Robert F. Eckert. (Dent. los. 6d.) THERE is a remarkable index to this work, from which my first g lance brou g ht these...

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F ICT ION

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By FORREST REID Pray Do Not Venture. By Joanna Cannan. 75. 6d.) Sing Holiday. By Peter Chamberlain. (Barker. 7s. 6d.) IT is difficult to make of the historical novel so...

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THOSE FOREIGNERS By Raymond Postgate and AElmer Valiance

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It must have been a tedious business to search many old newspaper files so as to present in this volume (Harrap, zos. 6d.) " the English people's opinion on foreign affairs as...

CURRENT LITERATURE

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AMERICAN WRITERS : Papers Contributed to " Black- wood's Magazine " (1824-1825) By John Neal John Neal was an absurd writer, but so full of that rich badness admired by King...

CROWN, PEOPLE AND PARLIAMENT By William Edwaids

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Mr. Edwards's sketch of our con._ stitutional history from i7& — to . 1933 (Arrowsmith, 8s. 6d.) follows -the -text- books faithfully enough to the close of the Victorian age...

FROM BRYAN TO STALIN By William Z. Foster

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Mr. Foster's title well describes his book. He could - have written an auto- biography of great interest and real value, but he has been content to inter- mingle scraps of his...

SINGLE TO SPAIN By Keith Scott Watson

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The author of this book (Barker, 7s. 6d.), a young journalist, thought the best way of seeing the Spanish Civil War was to join the International Brigade, and after some...

APPEAL TO COMMON SENSE By Gabriel Wells

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Tom Paine set the American colonies afire in 1776 with his appeal to common sense to declare their independence. Mr. Wells as a good American chooses a similar title for a...

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WISE INVESTMENT

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WHEN to the normal. deterrents of the holiday season are added fresh rumblings in the Far East and yet another crisis of the franc, none but the gayest of optimists can profess...

OVER 5 PER CENT. IN AMERICA Investors in search of

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a 5 per cent. yield who are also im- pressed by the United States as a safe depository for their money might do worse than consider the attractions of the 6 per cent cumulative...

PREFERENCE SHARES WITH ARREARS Continuing the survey I began last

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week of preference shares in recovering companies where there are still arrears of dividend to be paid off, I suggest the three following issues as worthy of inclusion in our...

Venturers' Corner There is something very impressive in the trend

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of events in the oil industry. Production gro.es steadily ahead, but is so evenly matched by rising consumption that there is no sign of stocks becoming unwieldy. The price of...

AN OVERSEA TRADE SHARE

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Investors . should remember, even if they are not forcibly reminded, that there are two phases in recovery after a really bad depression. In the first phase all surplus earnings...

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THE SPECTATOR

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Financial Supplement 1631 No. 5,6911 FRIDAY, JULY 23, 1937

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The Banking Outlook

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A Better Use for money: IT would have been remarkable if the expansion in our home trade during the past four years had not brought about a better enquiry for banking...

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- America in Transition

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IN recent conversations with leading bankers in the United States, I was led to believe that the position is completely sound for the time being and that a useful first step...

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Bank Charges and the Public

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MANY people who have banking accounts find that they are debited half-yearly (or quarterly) with a small fee for the banker's services. Book-keeping is expensive, and the banker...

Page 43

The Future of Gold

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DURING the second quarter of 1937, economic recovery which assumed a world-wide character after the devaluation of the Gold Bloc currencies suffered a reverse. Although the...

Page 45

Who Pays the Claim?

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LARGER and larger damages are being awarded by juries for injuries arising out of motor accidents. Juries, and judges for that matter where the case is left to them, are...

Page 49

House Purchase Alternatives

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THE facilities that are now available to house purchasers are very favourable ; just how extensive they are, however, is not yet generally recognised. There is a tendency on the...

Unit Trusts Through Difficult Times

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IT is generally supposed by many commentators on Unit Trusts that throughout their history in this • country they have been " batting on an easy wicket." A very brief...

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A CENTENARY OF BANKING A SUCCESSFUL bank, like a country

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at peace, has no history ; its reputation must be above suspicion of even an exciting past ; its published accounts must satisfy the curious ; the steady growth of its business,...

Page 53

FINANCE

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- -THE --NATIONAL CREDIT- - - — IN a note which appears in another column, referring to the recent meeting of Richard Thomas and Co. ' I record the tribute paid by Sir William...

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PERSONAL LIABILITY

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EVERY citizen is required so - to conduct himself as to: avoid causing injury to the person or damage to the property of another. Failure to observe this duty may prove very...

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COMPANY MEETING

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THE STANDARD BANK OF SOUTH AFRICA FURTHER PROGRESS SIR SAMUEL WILSON'S REVIEW THE one hundred and twenty-fourth ordinary general meeting of the Standard Bank of South Africa...

WELLMAN SMITH OWEN ENGINEERING CORPORATION

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DIVIDEND AT RATE OF 10 PER CENT. CURRENT POSITION SATISFACTORY THE eighteenth ordinary general meeting of the Wellman Smith Owen Engineering Corporation, Ltd., was held on...

COMPANY MEETINGS

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ALLIED BAKERIES SATISFACTORY EARNING POSITION THE second annual general meeting of Allied Bakeries, Limited, was held on July r9th at Winchester House, London, E.C. Mr. W....

Page 56

THE FRANC.

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The continued fall in the franc must be reckoned among the factors • exerting an unfavourable influence on markets during the past - week. It is quite true that a fresh flight...

FINANCIAL NOTES

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POLITICAL ALARMS. THE Stock Markets during the past week have been dominated by fresh ' anxieties as to international affairs. In particular the prospect of war between China...

COMPANY MEETING

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UNITED DOMINIONS TRUST - FURTHER PROGRESS THE fifteenth annual general meeting of United Dominions Trust, Ltd., was held on July 21st, at Regis House, King William Street,...

Hama 'Rams REaVr. ' -

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Notwithstanding the - great increase in the Houle' Railway traffic returns for the first half of the current year, and npt- withstanding also the reports of continued trade...

RUBBER TRADING PROFITS.

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Profits in rubber, and especially on the large usage of rubber, are by no means confined to the producing companies. A striking example of this is furnished by the results...

STEEL PROSPERITY.

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The address delivered at the recent meeting of shareholders of Richard Thomas and Company by the chairman, Sir William Firth, has been studied with interest not merely by the...

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COMPANY MEETING

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RICHARD THOMAS AND COMPANY THE DEVELOPMENTS AT REDBOURN AND EBBW VALE SIR WILLIAM FIRTH ON COMPANY'S PROGRESS THE eighty-eighth ordinary general meeting of Richard Thomas and...

COMPANY MEETING

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COVENT GARDEN PROPERTIES INCREASE OF CAPITAL THE thirteenth ordinary general meeting of the Covent Garden Properties Company, Limited, was held on July 16th at the Hotel...

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COMPANY MEETING

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H. E. PROPRIETARY SIR FREDERIC HAMILTON ON THE FUTURE OF GOLD PRESIDING at the annual general meeting of H. E. Proprietary; Ltd., held on Monday, Sir Frederic Hamilton...

COMPANY MEETING

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HECHT, LEVIS AND KAHN A RECORD PROFIT MR. WALTER FLETCHER'S SPEECH THE twelfth annual general meeting of Hecht, Levis and Kahn, Limited, was held in London on July 16th. Mr....

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COVENT GARDEN PROPERTIES-CAPITAL INCREASED.

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At the recent annual meeting of shareholders of the Covent Garden Properties Company, Limited, the chairman, Mr. Philip E. Hill, was able to state that income from rents, tolls...

PROSPEROUS SOUTH AFRICA.

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It is impossible to read the address delivered at last Wednes- day's meeting of the shareholders of the Standard Bank of South Africa by Brigadier-General Sir Samuel H. Wilson...

SIR FREDERIC HAMILTON ON GOLD.

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In our Financial Supplement today will be found an interesting article on the future of gold, by Mr. Paul Einzig, and some of his conclusions with regard to the future of that...

BANKING IN THE STATES.

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There are some interesting features in the statement of the Chase National Bank of the City of New York made up to June 3oth last inasmuch as they suggest slightly less abnormal...

SOLUTION TO CROSSWORD NO. 251

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MIOLNIA SITIE R I E SIE - U0417fR Ermirri11NI G Sf U RIG Ef OINIOIEI P OIL QII.oi xi Tilt!' NIGIE R A UIT Ul S HI SIM AI RI Tai N X11. DIE IIIGIO VI•EIRTRIT SI V LI...

" THE SPECTATOR " CROSSWORD No. 252 By ZENO

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[A prize of a Book Token for one guinea will be given to the sender of the first correct solution of this week's crossword puzzle to be opened. Envelopes should be marked "...