China Institule gave a very pleas ant evening reception to mark fourth anniversary, wi reeeption room was packed as full as it would hold of students, of both sexes. Coffee and sandwiches were served {fm the office on the ground floor, Among the guests were the Chinese Ambassador, Sir Alexander Cadogan, Sir John Pratt, Sir Thomas Molony (President. of the Universities China Committee) and several other, foreign friends. Sir Alexander Cadogan made a charming and much appre-lated little speech, expressing the hope that the students would find their life In England agreeable, and reminding them that while it was part of their duly te interpret Ching to England, we hoped that they woul Interpret England to China.
The future of China Institute now hangs in the balance. The lease in the present promises in Gower Streat Funs out shortly. They are palpably too small and in many opinions not Attractive, while Gower Street is one of the least prepossessing in London. sub-committee was appointed one year ago to consider what should done and Its report Is now ready for the sub-committee has found an alfractive house In the neighbourhood of Portland Place which would make 8 real Chinese Club. Of course fnance is an important consideration, but It may be hoped, not insuperable, For the alternative is to sign a lease years, in Gower Street for another sis
'Writing in this month's "Empire Review" Capt. M.D. Kennedy, the well-known authority on Japanese polities, gives an interesting opinion of the recent Japanese Cabinet crisis. Captain "Kennedy thinks that the Army leaders' opposition to General Ugaki was wiser than generally supposed. tend the Coronation' in May, it is expected hat the budget. will. be [brought down early Sext month, It ig hardly Mkely. that tt will contain much relict for the taxpayer, and it is equally unlikely that it will be truly balanced. Of course the coun-fry has" drifted along with un-[balanced "budgets for so long that It would be a real surprise to ha one. Some observers believe that the sales tax, which last year was, raised from 6 per cent. to 8 per cent., will ths year be boosted to 10 per cent, The more general feeling, how-fever, 1s that the status quo will be preserved, with the exception, of minor changes in the income tax, land some alterations in the tariff, The Minister of Finance: will have a much brighter picture to paint than in any recent year, as revenues Ihave exceeded his estimates by a con= siderable figure. The large items of extraordinary expenditure, however, still hang ike a millstone about the country's neck, and there seem to no leaders courageous enough to race the actual facts.
One of the proposals mentioned by the Premier recently in the House Is the appointment of a Royal Commission on taxation, that will study the whole field of governmental revenues—federal, provincial and municipal. "Tt is: suggested that this. commission should be headed by some prominent economist from Great Britain, There is no doubt that this would be a worthwhile "study, but the experience with Royal Commissions. in this country is that they do their work well, prepare volun ruinous reports, "and then depart quickly to be forgotten. Tt would not be surprising if a commission on taxation should recommend a much simplified form of administration as 'a solution to the steady increase In our national debt. Should this be the case, it ts greatly to be feared that the report would have short shrift at the hands of the people whose Jobs might cease to be. Even short of such a drastic move, how-fever, there is much that a' small group might suggest that could well adopted in this country.
Metal Prices Increase The rising tide in general business combined with the world rearmament programmes is sending up prices on the metal market with staring rapidity. So sharp has been the rise on the copper market that manufacturers of copper and its al-Toys in. this country are at their wits end. One of the Inrgest Cana-[Sign manufacturers of Brass—a bronze sent out a formal statement to its customers trying to explain the situation. They first point out that in the week or'so that has elapsed ince the issuing of their last price hist the base price of copper. ha risen by bout 25 per cent, Then they add that further" supplies of raw material are only obtainable on 2 hand-to-mouth basis, and for these 'a final decision. I understand that}
BS, pa oni amas Eolas egg shetined eae ale See aloe eat Hoo" great if Gover Copiain Kennedy emphatically disputes "that the substitution of General Hayashi for General Ugaki spells victory for militarism," both on his personal: knowledge of general Haya-hi and on the latter's general record, Captain Kennedy thinks that the new Government "may be to turn {o. closer friendship and coure Mautiny) for the "With such evidence (as the, recent
hele (Captain. Kennedy save) IIs geope but Matured that Thoew perhaps, Fesperbible for ite raining and Sdministration should do all th their speech in the House of Peers, dwelling on the importance which Japan places on promotion of friendship with Great Britain. stable, price lst'can again be, Issued.
IF the present: trend of prices times It will almost. certainly. mean great: deal of feverish speculation; Gevelopment. that ig much regretted. Already ft. is. making things dimoult in industries where contracts for this " year. have' been ficcepted. at last year's prices, Chief, among these In Canada s.undoubted-Jy the pulp and paper industry, which rapidly' recovering from the finan-lat diiculties. of recent, years, [Practically all the mills are. full contracted for 4937 at a price whi allows of no real. mi Increase in the prices of machinery: and paris will be a herd blow to the industry. a 'The rise" in' the price! of: materials being closely paralleled by rises {in Inbour costs." In several Canadian Industries. there-have been. strikes by employees demanding higher wages, and in-many others there have been Increases by agreement or: by the de-sion of the management,"
Exceptionally Mild "Winter, Outdoor. winter sports in Canada have suffered considerably on ace count of the mild and unsettled mid-[winter conditions. The. wide: popularity of skiing In the last few years figs resulted tu special week-end ex-[peditions from: the. Montreal. district fu particular, and to some extent from Ottawa and-Toronto, So strong hag the habit become. that large ave gone. to, the mountains every week this winter, dos pite the fact that even in the high altitudes. the snow conditions have been poor, and. on one or two occasions there has been rain.
'Usually the. latter part of February finds: the Laurentian slopes covered [by five to six feet of snow, with all rocks.and stumps and even fences covered, making " eross-country contions ideal. 'This year' the reports, of snow depth show between ten and 20 inches, while in. the city Mmilts there 1s hardly any snow at all.. On several occasions the annual Jeompetitions organized' by. various 'eeling luis ave been, cancelled, and the reports of' those that have Hbeen held indicate the dimeulti that were encountered, tty, "og "pracilealy al." rink use Hoskey, lis not gufered in popular.
avtinciay fee, and the™ games" have 'Seen keenly' contested. before large Anew league thet hi {be most auocessful isthe International Intercollegiate League, comprising four Canadian and four United States universities, The Anal sine in Canada was played between Scot and Harvard before a capa Iiy"erowd of "12.000," with" MeGil winning 7-2 (9 ellneh the champion Thip of the league.
Each-team had up until that time' bad an unbroken, string of victories, MeGIll's numbering 21, and both were determined to put everything into the contest. - McGill opened with a fast-breaking attack. that swept the Har-yard team off thie feot and noted halt over. "Harvard managed to score goal ie frst period was once in this same period, and to hold the margin down to 4-2 until early in. the third period. Then 'Americans. opened an' attack ° that passed the McGill defence, and just falled to result in a goal because the puck bounced off the go This proved: to be the final threat, and McGill pushed hard to add an-snd {other three goals. before the close. The game was hard played, with a eeneeg of eral rae naa Bee clined to feel that the referees were cee Soo at he rene "Wings of the Morning"
Canadian audlénees "have been treated to an unusually fine coloured Plelure in "Wings of the Morning," 4 British production. In fact one is inclined to feel after seeing It that It marks the beginning of a new The reproduction of colour was unlike anything that the welter has previously'seen. The soft greens and yellows of the fields and hedges, and the haze of the. distant mountain:
tone feel that he was looking window on a summer's day, Not only was the colour good' in the scenic effects, which were nothing short of remarkable, but in- the variety of hue and shade that are to be seen in tapestry and dress was also excellent, That the public appreciates something that 1s really good is-shown by the fact that the picture is having Fecord runs,-and has been the: cause for widespread. favourable: comment.
Text read from the printed page and cleaned; old type leaves the occasional error.