1 MARCH 1935

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NEWS OF THE WEEK T HE plans for Sir John Simon's

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next journcyings are still incomplete. What is certain is that he is going to Berlin within the next few days. That is satisfactory on every ground. It will make for elucida-...

The Princes and the India Bill The Government has clearly

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taken the right course in regard to the resolution passed by the conference of Indian Princes and Ministers at Bombay on Monday. We need to know much more yet about the temper...

Great Britain and the Arms Traffic The sittings of the

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Disarmament Conference's sub- committee on control of the manufacture of and trade in arms have revealed a rather sharp difference of opinion between the United States, whose...

OFFICES :- 99 Gower St., London, 11".C. 1. Tel. :

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MosEux 1721. Entered as second-class Mail Matter at the New York, N.Y. Post Office, Dec. 23rd, 1896. Postal subscription 30s. per annum, to any part of the world. Postage on...

The three pacts under consideration in Europe—the so-called Air Locarno,

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the Eastern EuroPean Pact and the Danubian Pact—will need a good deal of dOve- tailing, butif they can be 'carried through and co-ordinated as they should be thebenefit to the...

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Mr. Lloyd George's Campaign In his speeches at Manchester, continuing

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his campaign for a policy of national reconstruction, Mr. Lloyd George was rather clarifying than adding to the proposals lie made at Bangor. He -still stands on non-party...

Dr. Schuschnigg's Visit The visit of the Austrian Chancellor to

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London was much heralded and has been much discussed, but there is no reason to suppose that any decisions of particular importance were reached. The visit was quite genuinely...

The Abyssinian Affair There was never a shadow of excuse

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for any resort to formal hostilities between Italy and Abyssinia, and there is less excuse now than ever. That being so, it is regrettable that Italy should have paraded her...

Check to President Roosevelt President Roosevelt has received a severe

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check in his national reconstruction plans by an obstructive vote of the Senate. In the Work-Relief Bill he was asking for control of some £1,000,000,000 for the em- p loyment...

The Policy of Public Works The report on " Public

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Works Policy " which has just been issued by the International Labour Organization serves as a useful commentary, both upon Mr. Lloyd George's proposals and President...

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Actors and Managers—Mr. Cochran The British Actors' Equity Association has

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no sooner emerged satisfactorily from its dispute with the Drury Lane management than it fmds itself involved with Mr. Cochran on the question of the standard contract. But Mr....

There is still great uneasiness at the future of the

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Unemployment Regulations. There are rumours of grave dissensions between the Unemployment Assistance Board and the Ministry of Labour, and the Government is even credited with...

The Labour Party arc getting very " touchy " because

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so little attention is paid to the contributions of their spokesmen on the India Bill. The reason is that their speeches have so little relation to actuality. Mr. Lens- bury,...

The Week in Parliament Our Parliamentary correspondent writes : It

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was obvious from the smile of self-satisfaction on the face of Mr. Churchill, when he entered the House on Tuesday afternoon, that he was about to exploit to the full the...

The Durham University Report The report of the Royal Commission

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on the University of Durham confines itself strictly to the subject immedi- ately before it, and no particular lessons of wider signifi- cance are to be drawn from its...

More Salaried Midwives The high maternity death-rate is attributable to

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more causes than one, but amongst them, so far as the poor are concerned, is the inadequacy of the service of mid- wives. Most of them are under-paid and over-worked, and some...

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TRADE UNIONS AND THE NATION

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I T is generally agreed that no revolution is more important than the revolution that has taken place in the position of the trade unions. For the first quarter of last century...

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POLICEMEN AND CRIME T HE increasing strain that is imposed on

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the police by new duties allotted to them has often been a subject of comment in official reports, the latest of which that presented by General Sir Llewelyn Atcherley,...

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Who Said Privacy?

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" The parents [Mr. and Mrs. Coert du Bois] arrived at Folkestone after dark on Saturday, and were given as much privacy as possible on the journey to London."— Netes-Chronicle....

A SPECTATOR'S NOTEBOOK

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T HE Unemployment Assistance Board is presumably reconsidering its maligned regulations, and mean- while the uninsured unemployed are enjoying the old rate or the new, whichever...

Today, March 1st, Mr. Geoffrey Knox, till yesterday Chairman of

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the Governing Commission of the Saar Territory, resumes his position as a member of the British Diplomatic Service. Being for the moment what is known as en disponibilite—open...

It is curious, and encouraging, to note how regularly the

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House of Commons goes right on some little human question when some official or Minister or ad hoc committee goes wrong. Sir John Gilmour and Lord Trenchard and the...

There is one aspect of the rivalry between the film-

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producing combines in this country which deserves a little notice. Gaumont-British and Associated British Pictures are hard at work buying up as many picture- theatres as they...

The O.U.D.S. Jubilee performance (a real golden jubilee) was a

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notable affair. I found all Oiford talking of it, and a good deal of ex-Oxford came up to see it. The fact that the New Theatre, which holds close on 2,000, was packed every...

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THE KING AND HIS REIGN : II. THE INHERITANCE

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By E. F. BENSON I T may be doubted whether King Edward's assiduous visits to the Courts of European countries, especially in the latter half of his reign, were of any real...

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IS CAPITAL OVERPAID ?

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By H. Y. RICHARDSON W HEN in the field in 1916 I became deeply impressed by the attitude of the men under me on the question of Capital, and I have never seen any reason to...

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SAMUEL PEPYS : A REVALUATION

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By JOHN HAYWARD I AM afraid that the title at the head of this article is misleading, if it suggests that the article itself is an essay in revaluation. It is not. My object is...

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CHURCH UNION : A WORKING MODEL

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By DR. W. F. LOFTHOUSE T HE subject of some kind of advance towards union between Anglicans and Free Churchmen has of late attracted much attention. The recently published...

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THE VILLAGE GOES TO TOWN By J. VIJAYA-TUNGA F ROM time

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immemorial peasant as well as nomad have had their fairs and bazaars, where they came to barter and exchange, buy and sell. These fairs and bazaars are still, happily, a feature...

Page 12

MARGINAL COMMENTS

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By ROSE MACAULAY T HE British newspaper press has, during the past week, scored heavily in its prolonged match against the bereaved. The two unfortunate and distraught American...

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Communication

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A Letter from Cambridge [To the Editor of THE SPECTATOR.] SIR,—The tempo of change must be slower in Cambridge than in almost any other town in England. In many ways we are...

Love's Handmaid Eye IF still the casual sun,

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Indifferent brightness, buttressing a wall Green with the age's grief, now slendering edge Of woodman's axe, now frosting an old ball Of twine to beauty, blindly wandering on To...

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STAGE AND SCREEN The Theatre

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" Man of Yesterday." By Dion Titheradgc. At the St. Martin's Theatre.—" Youth at the Helm' By Hubert Griffith. At the . Globe Theatre THE theme of Man of Yesterday is one that...

The Cinema

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" Biography of a Bachelor Girl." At the Empire This is the screen version of S. N. Behrman's play, Biography, in which Miss Ina Claire appeared not long ago on the London stage....

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Art

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Candlelight IT is not often that a new star of the first or even of the second or third magnitude bursts upon the sky of painting, and the exhibition of realistic French...

L'ecran vivant

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[D'un correspondant francais] L'AcAnforrE des Sciences a etc, lundi dernier, le theatre dune seance particulierement curieuse, qui fera date, sans aucun doute, dans l'histoire...

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Parish Annals

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Dr. Ruston and his associates have made one of the richest collections of local farming facts in our literature in the course of preparing a record of the Yorkshire parish of...

Farmers' Dates

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The farmers' calender has been changed a good deal by recent practices ; and of all the months February has lost most of its importance. I quoted the other day an old tag about...

Small Holding Ambitions

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The Leeds economists are very historical. In Oxford economists are very modern. Their latest enterprise has been stimulated by the suggestions, coming from Mr. Lloyd George and...

COUNTRY LIFE

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To School by Cycle Village life in England is about to be greatly changed by the new educational methods and arrangements. The village school in many places is to be split into...

The spring hunger of the birds begins to augment rapidly.

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They eat perhaps twice as much now as in full winter, when like grizzly bears or turtles they live to some extent on the fat that they have stored up against a cold and foodless...

An Australian Example

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An inquest of this sort was made in Western Australia, where Sir James Mitchell worked out the best of all schemes for settling immigrants on the land. In that most lovely, most...

More Blasted Oaks

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The preferences of lightning for various trees, especially the oak, have been much discussed of late in many places since the overwhelming percentage of blasted oaks was...

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[To the Editor of THE SPECTATOR.] SIR,—I think it is

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quite time for someone to take up the cudgels from patriotic motives, so I gladly join forces with Mr. Shelvankar in condemning the film The Lives of a Bengal Lancer, though our...

LETTERS TO THE EDITOR

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

THE USE OF MOTOR-HORNS

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[To the Editor of THE SPECTATOR.] SIR,—I was interested to read in The Spectator of February 15th Janus's disapproval of the suggestion that car drivers should be forbidden to...

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THE DEATH PENALTY

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[To the Editor of THE SPECTATOR.] SIR,—The article on the death penalty (February 8th) said that it is not compatible with modern civilization to demand that the State should...

HANDS OFF THE LAKE DISTRICT

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[To the Editor of THE SPECTATOR.] SIR,—Considerable anxiety has been expressed in many quar- ters over the purchase of a large tract in Eskdale by the Forestry Commission, and I...

[To the Editor of THE SPECTATOR.] SIR,—In The Spectator of

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February 22nd there appears a letter from Dr. B. C. Andrade-Thompson advocating the abolition of the motor horn. That this would result in less noise and in more careful driving...

THE BEHEADING OF WOMEN

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[To the Editor of THE SPECTATOR.] SIR,—Janus rightly avers that the beheading of two women in Berlin is the culminating act of barbarism, not of Nordic minds, as ha suggests,...

PHYSICIAN OR PRIEST ?

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[To the Editor of THE SPECTATOR.] Sin,—In your issue of February 15th Mr. Godwin states : " The Church must define its province as physician and limit it to the realm of...

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EDUCATION OF THE BODY . [To the. Editor of TILE

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SPECTATOR.] Sys; I read with interest the article On the above subject in your issue of. February 15th. The writer's: description of. what is being - done. in.the schools is...

THE LAW ON ABORTION [To the Editor of TILE SPECTATOR.]

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Sut,—You have had the courage.to give considerable, publicity to the-need for a reform of -our present• Abortion Law, and thereby earned the gratitude of the many who realize...

THE HOUSE OF TOMORROW [To the Editor of THE SPECTATOR.]

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Sm,—The introduction into Parliament of the new Housing Bill suggests a further speeding up in the State housing programme. This -is an era of new houses, private and...

Page 20

Professor Laski's Oscillations

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By PROFESSOR ALFRED ZIMMERN Tins is a bewildering book. As its title indicates, it is intended to deal not with one subject but withtwo. In fact, however, it deals with more...

Page 21

Lord Zetland on India

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Steps Towards Indian Home Rule. By the Marquis of LORD ZETLAND needs no introduction to the British Public. His authority on Eastern questions, and especially on India, rests...

The Advance of Science

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New Pathways in Science. By Sir Arthur Eddington. (Cam- bridge University Press. 10s. 6d.) Tom.Anizrico Science has .been a dangerous game and disreputable to boot. It partook...

Page 22

Two Bishops

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E. S. Talbot and Charles Gore. By Albert Mansbridgo. (Dent. 3s. 6d.) , • - - IT is one of the consolations of advancing years to be able to recall the public life of both these...

Sea-General Blake

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Blake, General-at-Sea. By C. D. Curtis. (Taunton : The Wessex Press. lbs. W.) BLAKE has never figured in the popular imagination in the way that Drake has; certainly not as...

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The Evolution of a Mystic

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MR. MIDDLETON MuaRr, acquiescing in a current fashion, has chosen to write his autobiography in two parts—or rather to write one part and to express a tentative " desire and...

`Si qua fata aspera rumpas '

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IT is always dangerous to " set wide the doors that bar the secret bridal-chambers of the heart " and let in the day. Per- sonal joys and private griefs are not always to be...

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Fiction

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By WILLIAM PLOMER Mr. Norris Changes Trains. By Christopher Isherwood. (Hogarth Press. is. 6d.) " Inoxy," said somebody, perhaps Professor Saintsbury, " is the salt of the...

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[Note.—Readers' requests for advice from our Motoring Cor- respondent on

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the choice of new cars should be accompanied by a stamped and addressed envelope. The highest price payable must be given, as well as the type of body required. No advice can be...

IT is usually at about this time of J.year. that

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the question arises—an acute one to the implaverished-L-of whether . it is better to buy a used car or a new one. Most people who ordered their new cars at the - show or a...

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Current Literature

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THE COMMEMORATIVE CATALOGUE OF THE EXHIBITION OF BRITISH ART The catalogues of the various international exhibitions held in recent years at Burlington House form as a series...

TURKESTAN SOLO

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By Ella K. Maillart. Translated by John Rodker Turkestan Solo (Putnam, 10s. 6d.) tells a tale of some adventurous chapters in the life of a remarkable young woman. She tells...

A WAYFARER IN POLAND

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By Moray McLaren. On his first arrival at Gdynia Mr. McLaren was greeted 1 ,`, by three or four amiable young Poles who chattered, some in French, some in German, some in...

CHINA'S PROBLEMS AND THEIR SOLUTION: By Wang Ching-wel This is

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the second Volume in Mr. Tang Leang-li's Chines Today series (Shanghai : China United Press, $4.50, Mei.). Mr. Tang himself introduces it with a, brief but interesting biography...

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cze

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pectator FINANCIAL SUPPLEMENT No. 5,566.] FRIDAY, MARCH 1, 1935.

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Some Problems of Post-War Banking

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IN view of what has been said and written in recent months concerning the joint stock banks and those responsible for their management, the man in the street must be rather ....

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The Ravage of Capital Appreciation How pleasant it is to

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read in our newspaper that War Loan 8i per cent. has - risen - to 108 or Conversion 3 per cent. to 106, or whatever is the stock in which. we are interested. Every time it goes...

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The Banking Yeat7— . -Rise in Investments ALTHOUGH the reports and balance-sheets

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of the English banking institutions for the year 1934 indicate very plainly the many difficulties with which bankers have been confronted in conducting their business, they...

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Bankers' Profit-earning Power

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A CAREFUL examination of Bankers' Profits over the past decade clearly reveals two main facts. The first is that there has been some recovery in profit-earning power during the...

Page 41

The Modern Bank Clerk

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POLITICAL currents have brought banks and banking, always a subject of puzzling curiosity to the general public, close up to the popular gaze. It would seem an opportune moment...

Page 43

An Opportunity for the Institute of Bankers I HOPE I

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shall not be accused of disrespect towards so important a body as the Institute of Bankers, or be con- sidered unmindful of the great services which it has ren- dered in the...

Page 45

Superannuation

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CIVIL servants have to retire on attaining age 60. This keeps the service mentally vigorous by the constant circulation of fresh blood. Many big private firms follow the same...

Page 49

Finance

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Effect - of Speculation Upon the Investment Markets • IT has often been said in these columns, and, indeed, throughout the Press, that the prime factor responsible for the...

Page 51

TRADE wrrn THE Not the least satisfactory feature of the.

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latest Board of Trade figures showing the direction of our trade during 1934 is the 'slight increase in the proportion of Empire trade as com- pared with - our 'total -trade....

HALIFAX BUILDING SOCIETY.

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The latest report of the Halifax Building Society shows that by an increase during last year of £10,154,922 the Society's assets easily passed -the 1100,000,000 mark. The share...

Financial Notes

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FURTHER LIQUIDATION. WITH the exception of Gold Mining Shares, which have risen in sympathy with the further advance in the price of the metal, the Stock Markets during the,...

Page 52

SPIFRIDGE MEETING.

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I have already referred in these columns to the increase in profits shown in the annual report of Selfridge and Co. Limited, and at the recent annual meeting Mr. Gordon...

A CENTENARY BONUS.

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The directors of the Bank of Australasia are marking the occasion of the centenary of that Institution by declaring a bonus of 2 per cent. to the proprietors from a special fund...

PEARL ASSURANCE.

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The accounts of the Pearl Assurance Company for last year make an excellent showing. 'Out of the Industrial Branch surplus of £1,829,000, £603,819 goes to policy-holders,...

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"The Spectator" Crossword No. 127

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BY Zaso 1.4 prize of one guinea rill be given to the sender of the first correct solution of this week's crossword puzzle to be opened. Envelopes should be marked " Crossword...

CROSSWORD NO. 126

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01 B C E Hi I E S A AIN I C LI I AI Ti 13 NI LI Y II K M OIL D TIM U1 SI S LIM SI E /.11 T1 L A I NI EI II IH El El RI DIIRLHI MI EIOID S EIN El N G E A DI SOLUTION NEXT...