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The China Mail Ninety-first Year of Publication. Sa Wyndham Street, Hong Kong Telephone 20022 Londen Office:
7. Garrick Street, London, w.ca
MAIL-MONDAY-JAMIART 18, 1932-
WHY during the past
seventeen years have we failed to attain either economic covery for a stable basis for peace? Large-
Notice To Contributors. ly because we are
the Writer's Name and Address
us a guarantee of good faith.
Subscription Bates.
One Year
6 Months
----- HK$36.00
** HE$35.00
3 Months
... HK$ 3.00. Postage Abroad Exten
WAR Or World Trade
which? :: II.
On the other
*
*
an
The aftermath
fof Commerce are flooded with pro
testing letters from American manufacturers and producers who by reason of the loss of these for- eign markets may have to discharge
Post-war efforts toward econo- mic recovery, based upon policies of increasing economic nationalism, never can bring recovery, for they [ignore the facts of modern indus-
trial existence and rest upon of outlived philosophy. By shutting [nations of from foreign markets
(and conquest—the way of 1914.
To seek recovery through econo-
ternational stability or economic
| recovery to-day than we were în
1919.
YL.
All communications intended for refusing to face the effort to secure necessary foreign] The attempt to solve the prob-thousands of American employees publication should be addressed to stark facts of modern markets and raw materials gave lem of foreign markets by war is or perhaps see their whole eater- the Editor, and be accompanied by life and are instead constant impetux to the political suicidal Conquest is, in fact, no prise turned from a profit into a drive eastward the Drang nach solution, but only the way of des- loss. Economic cause and effect not necessarily for insertion, but basing our programmes osten. Out of this krew the in- pair. War destroys foreign mar-know no frontiers.
upon the stage-coach perialism of Germany and Austria bets. It is not, in truth, a practic-
hand, England, able means for securing them. philosophy and facts of France and Russis formed
V. a hundred years ago. jequally determined group, bent on
The Menace Of Economic Once the stubborn reality of securing needed raw materials and
Annamienk the vital interdependence of foreign markets for themselves. nations is clearly realised, the Thus were developed two. **** Per Case of 144 Nips. Duty Paid Hoar Kong, Monday, Jan. 18, 1937. nature of the foundations re-flicting fronts of imperialism, each
quired for a stable peace be heavily arming. There could be every great war is a upon which their economic exist- comes clear. To-day the stan-y one outcome. Granted the fresh surge of economicence depends, these policies effer- AN INN SIGN SHOW dards of living, if not the very philosophy of unrestrained national nationalism, partly be tively block th only real solution
lives, of entire populations are independence and the possession of
İpossible. Their inevitable tendency The official quincentenary of dependent upon a steady inflow bure armaments with which cause of the need of the suicidal course of imperialism British beer made peculiarly of raw materials and foodstuffs force a solution, world war was as protection against de-is to drive desperate rulers toward appropriate the exhibition of at prices unenhanced by pro- inevitable as the rising of the sun preciated currencies, inn signs opened in London a hibitive economic barriers, and week or two ago. It was a also upon a steady sale of their That was true in 1914. Is it disordered world prices mic nationalism is Nike trying to show which George Borrow and own surplus production in for- less true to-day? The unpre and international the circle or to attain per- Dickens and Sir Walter would eign markets for a remunera-cedented catastrophe of 1914-
petual motion. It is not supris have been pleased with.
tive return.
1918 caused ruin from which "dumping," and partly ing that we are further from in- Whatever be the case with Men will fight before they we have not by any means yet because of military wine, good and plenty of bad starve. They may also fight rath- emerged. The grim toll off
ale and bitter beer have er than see accustomed standards (human life was some nine million considerations. needed and were at one time of living reduced to unbearable killed and six million maimed în During the past fifteen yeaTS compelled to display their levels.
the very prime of their manhood economic nationalism has been
-The Road Of Peace “bush.” Books on inn signs There can be no real security But the supreme tragedy was net running rampant. Tariffs have
The lesson is clear. with most tantalising illustra-for any nation, industrial or agri-i lost lives. It was rather in the been raised to unprecedented tions have helped the tourist cultural, and consequently there folly and futility of the sacrifice. heights. Since the crash of All thinking people who and consoled the fireside travel-can be no lasting international If ever history taught a lesson in 1929 entirely new and far more care for human pro- peace or stability, until nations letters of blood and fire, it was drastic implements for achiev- The material is curious and can secure for themselves access, the utter futility of seeking a ing economic nationalism have gress must
see that enormous. Sir Charles Trevelfree from prohibitive nationalistic solution of the problem of raw been created, such as quota largely as a result of yan lent to this show the sign barriers, first to necessary
raw materials and
markets through restrictions, exchange control the Industrial Revolu- of The Two Queens in North-materials and foodstuffs, and sec-force of artns. umberland. Queen Mary is on oad to foreign markets.
In the Treaty of Versailles which government trade monopolies, tion stable and lasting one side of the board, Queen | In the present era of relative followed the war the victorious) and the like
peace can be built only on the other. The overproduction,
food-Allies, in spite of President Wil- to
At first these weapons were in- latter personage took her quart staffs and raw materials in time son's valiant efforts for a peace of troduced and used for defensive upon a world trade un- of beer at breakfast regularly, of peace is the less serious prob reconciliation, proceeded on thel purposes to protect national
champered by excessive like a good Elizabethan dame lem of the two, for the present On the reverse of a sign paint-oversupply produces a buyer's
barriers and restric- ed "by two Academicians" for market. But in order to buy-conquest theory to dismantle Ger rencies or
tions. The George and Dragon the even in a buyer's market-nations many's industrial plart and to im-But with the seeking and grant- It is true that access to for- hero refreshes himself after must be able to sell their own propose upon her a chimerical war in- ing of exclusive preferences, these eign markets can be made his victory with a pot of beer.ducts How to make secure each cemnity so as to leave ne possibil-weapons came to be used in trade secure only in a world organis- G. E. Chesterton, who was not nation's reasonable access to for lity of future competition. Victory offensives, and a
www.ze of reed on the basis of law. Un- averse to taking "a pot of beer eign markets, therefore, constita was complete. with a publican," would have tes
strictions grew up, regimenting happily, that time has not under present-day conditions enjoyed that picture.
the very heart of the problem of bitter harvest.
From it the world has reaped a trade and forcing it into highly an- come yet. In the meantime,
The gigantic war economic channels...
however, we can build for One hopes that there is a
indemnity could in fact be paid Nation became pitted against peace by reducing excessive goodly representation of such
IV glories of nomenclature as Mr.
only with goods; yet every ship nation in the parry and thrust of trade barriers. The problem of The Effort To Secure Foreignment of German goods abroad bitter trade rivalry! Ligh-Peace must be solved and can Richardson records in "The Old Inns of England." For in- Markets Through Military
meant increased. German indus-ways of commerce of the world only be solved by frankly, recog- trial activity and competition-became blocked, with impossiblenising the facts of present-day stance:
Conquest
the very thing the Allies sought to barriers. Traffic became choked life. Trade barriers such as we Security of foreign destroy. Furthermore, the econo Betwee 1929 and 1932 international have been building up since the mer, Raindor and Dove, Sun and markets may be sought mie ruin of Central Europe entail-trade fell to a third of its former war are in irreconcilable conflict
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peace.
access
export and import licensing,
By Francis Bowes Sayre
domestic economies.
The
of
It is 2
with the modern industrial, life of Fish and Eels, Goat and Compasses, either (1) through mili- the rain and kiss of many for- vaine
Normal trade eign markets-the destruction of
currents depend the world. The drive toward eco- nomic nationalism, if continued Seven Stars, The Devil and Bagotary conquest or (2) the very objects which the Allies upon price considerations; every unchecked, leads surely and in-
had sought to gain Military time political and non-economic fac- Mr. P. Herbert, MP, through a system of force proved futile and victory bar tats divert trade currents from the evitably to war. plays skittles in The Black foreign trade unham-ren. The stubborn and inescap normal flow the costs of goods are That is why the question Lion On the gable of an inn
able fact of national interdepen-Increased,
populations American foreign trade policy in Lincolnshire is inscribed: pered by excessive and could not be subverted by suffer and counomic locations transcends party lines. "Five miles from anywhere. Unreasonable barriers. ignoring it.
start in motion a long train of in- question of war or peace. — and No hurry." Dick Swiveller! The World War was partly Conquest cannot furnish a so-jurious consequences. To-day coun- upon such a question there is no. must have named The Bank of the result of an attempt to Intion of the problem of foreign tries are bargaining with each room for partisan differences or Friendship. One must quit lest solve the problem by the first markets. Under twentieth-century other for trade favours and pre- for petty politics. The very for- he become a permanent guest of these two methods. At the conditions there can be no economic ferences; and as every exclusive dation of American foreign policy of the Old Tipping Philosopher, opening of the twentieth cen-victor in a great war. Each side preference given to one nation is the profound desire for peace. But is The Red Lion still stand-tury the search for new slike suffers the wiping out on a means a discrimination against A policy which militates against ing at the corner of Derby and sources of raw materials and colossal scale of its most produc-some fifty other nations, the policy peace cannot be American. Parliament Streets, Westrias for foreign markets had be- tive man-power, of its savings and of economic nationalism and bar
200 * *
ter? Of all Dickensian inns, come intense. Commercial its capital, of its normal trade. [gaining in preferences, if uncheck-America EXEST, therefore. perhaps that is the best be rivalries developed and increas. The future of each is crippled and ed, can lead only to the destruc- stand firmly against a policy of loved, if to say so be not trea-ed in bitterness. In the Balkans kampered by debt. The more con- tion of civilised standards of lv. economic nationalism. Amer- son to Mr. Pickwick's colles Russians and Austro-German piete the destruction of enemy ter-ing.
icans cannot forget that the
tion. There David Copperfield efforts clashes; in Africa Gerritory, the more complete is the The day after some country on strength of the nation from ordered a glass of the Genuine man aspirations were blocked destruction of future markets and the other side of the world arts the very outset was built upon Stunning. There he got hit by an Anglo-French entente; purchasing power. Even were ad-down its quota of American art the frank recognition, of the money back and a kiss from in the Far East Japan found ditional foreign markets won, the mobiles or apples or agricultural interdependence of the sover- the landlady in the bargain. So herself blocked by Western cost of the struggle lowers the machinery, so as to give this trade eiga American States. Our often is Dr. Johnson's theory nations.
victor's standard of living far be to a third country in return for Constitution expressly forbade of the production of happiness Political rivalries were added to low any possible gain through en-similar favours from it, the State the creation of trade barriers confirmed.
customs commercial rivalries. The German (larged markets.
¡Department and the Department Or
tariffs against goods from other States. It is ESCAPED PRISONER OF WAR this, perhaps as largely as any He then escaped and walked action, that has given a strength other provision in the Constitu- veral hundred miles, mostly by night, till he reached the Black Sea. By the end of the war he was a Heutenant-colonel and M.C.
Genius
A distinguished educator ad- vocates a search for genius, ac cording to "The Times."
this comes into the news in a somewhat roundabout way.
The recent coronation decree
Here There with and
from the Barl Marshal's office
in London ordered baronesses
But what does he propose to to provide themselves
do if the search is successful? robes or mantles of crimson Would the specimen be placed velvet, the cape thereof to be in a museum for study and ob-furred with miniver pure, and servation, to determine how he powdered with two bars or got that way, or put in gaol as rows of ermine." a menace?
A genius is one who cannot be regimented. He knows the difference between good grain and sawdust. He refuses to wear a halter and be led into a stall at might
to the nation, stability and peace
Practical experi to the States. lence has proved the worth of this,
the American way.'
By her trade agreements" Mr. Keeling, who entered Parlia-gramme America has already taken ment at the General Election, a significant and an important knows more about foreign affairs step in this direction. Thus far the Two of the five MPs who visit than the average private member-programme bas. been more
Everywhere
SOLDIER MP
ical
pro-
The ensuing wonderment led,
ed the Nationalist front in Spain He might be classed as a Middle than justified by the practi- to scholarly research and to the
jare former professional soldiers. East expert. discovery that "miniver pure" They are. Mr. P. Daune and Mr.
results of the agree- is what Cinderella's slipper was Harold Mitchell
In the House he has spoken al-ments already entered into, zs made of
most entirely on questions of local evidenced by marked increases But both belong to the post-war government, a subject on which in foreign trade and by their in- Even this information seemera. Mr. Eckersley, the former he has first-hand knowledge. He fence in encouraging a world- According to some theories, ed to leave Britain's peeresses Lancashire captain, and Mr. An- is a member of the Westminster wide re-examination of the means a genius is an enemy and about where they were.
thony Crossley, who has been City Council
of freeing international trade from should be hunted down and They still want to know what P.P.S. to two National Govern-
its nationalistic fetters, shot by those engaged in the in the name of ceremonial cosment Ministers, are also in the ear Twickenham informed of his views been a further encouraging step.
He keeps his constituents in
The recent monetary accord has great war for democracy. turning is "miniver pare.”: by thirties...
on all questions by contributing # in Parliament 50 their local paper consideration to additional weeldy column on the work done how the American republics are
givingmited and:
*
Poor Baroness
"
His quiet manner and precise
careful
-BƏCZ
aries seem to help much One member of the party, has had
Nor does a round of diction Mr. E. B. Keeling, the senior
defines miniver as a "plain great deal of wax experience. Cinderella's slipper seems not white for another as "the fur He was in the siege of Kut a deliberation of speech conceal greatures. By these and other prac to have been made of glass, of the gray squirrel" another after the garrison was starved physical energy
|tical means America Intends, so after all It was a very ortinas ermine spotted with into surrender took part in the
long as other nations will join in ary slipper lined with miniver. astrakhan and another, as “a march of the emaciated and ex- For his holkiny this summer be the effort, to fight against the hun- The glass idės, was a mistaken) fudinot certainly identifed, fansted troops to Alla Minor - accompanied the public schoolboys dred-headed dragon of economie transistion from the French of highly esteemed in the Middle one of the major horrors of the who toured Northern Finland, nationalism and instead to build Perrault d'Arma Court,
Ages.
chiefly on foot.
realistically for peace.
WES.
: