The China Mail
THE CHINA MAIL, MARCH 29, 1937.
By a fortunate coincidence
Briti
ment's
entions is coming prov
by the
atic
and Belgium,
MOLING
SHERE
MOLINO
IN EGISTERED
SHERRY
A FINE, PALE, FULL-FLAVOURED WINE.
Produce of Spain.
SHIPPED BY
WILLIAMS, HUMBERT& Co., JEREZ DE LA FRONTERA Hong Kong, Monday, March 2
Agents
SPAIN
A. S. WATSON & CO., LTD.
Wines & Spirit Merchants.
Just arrived!
COTTON
& SILK
SOX
FOR CHILDREN
IN
ALL SIZES
Children's Dept.
LANE, CRAWFORD, LTD.
ANGLO-AMERICAN
TRADE
low-tariff union
the depres
ago, but failed to waive
poli of the
Foreign Minister, Mr. at the invitation of Eden, was not purely
It is a golden- moment for Britain to make a gesture on Be-
those lower tarif bar- rs - that Mr. Runcimen in Washington proclaimed as one of
jectives of British policy. ritam meets the desires of nvention signatories, of great en-
Anglo
it will be an am
America's offer of a reciproca trade agreement to Britain. France, while a sequel to gress's authority to the dent to act without reference to the Senate, also reflects the noteworthy change in American views. But whether or not it will come to anything depends Contracts For Servants more upon Great Britain. It
treaty:
rests with a little group of Bri- The newest contribu to the tish Ministers to decide in the servant problem comes from next few weeks whether the Switzerland, where a standard gains of an Anglo-American
form of contract between mis trade treaty would outweigh the tress and maid has been drawn sacrifices It depends neither up. In the main, it provides for upon Mr. Cordell Hill, who apa fourteen-hour day of which pears ready to negotiate a re-rest and meal-times. There must two hours must be allowed for ciprocal trade treaty at once, nor be five free afternoons of four upon Congress, whose neutrality hours each and one of legislation does not worry tain as much as is sometimes imagined. The few in England sation for overtime worked. who think at all about a possible
After one year's employment a embargo of supplies from the
fourteen-day annual holiday United States are convinced it
must be allowed with full board cannot be maintained in the
and wages event of war.
hours every month, with com
Austria has adopted a some- The point which has to be re-
what similar form of contract, membered in assessing the pros-section of the International La- (although the women workers pects of success of Washington's bour Office in Genera initiative is the fact that to help that actual wor
housewives to
to attend sia and Germany
home industries Britain has be come entangled in an intricate In addition, the Swi
are far below cont web of protectionism, which it and also the employmen will require much skill and statesmanship to unravel Since
Russi Germany an 1931 twenty-three bilateral trade treaties with foreign countries have been made, based not only upon slight tariff reductions and upon carefully chosen commodi- ties, but also upon a system of import quotas, which have
in youth meetings
eme
safeguarded the Dominions at Figures Can Lie
the expense of world trade.
Moreover, hands are tied still farther by the Ottawa agres ments, which gave Empire coun- tries preferential treatment in one another's markets at the pense of the United States and other non-British nations. Mr. Runciman has announced that the general principle of the Ottawa pacts will be continued collate as far as possible. Yet there can be no doubt that Britain is be they coming more and more conscious.
They
of the benefits of a trade pact an entirely with the United States. She never needs ingently to fmd greater
In
G. FALCONER & CO. (HONG KONG LTD.) WATCHMAKERS, & JEWELLERS, DIAMOND MERCHANTS,
UNION BUILDING (opposite GP0.) gents for ADMIRALEY CHARTS,
ROSS BINOCULARS and TELESCOPES,
VIN'S NAUTICAL
ENGLISH SILVERWARE D:::
High Chis Engh
markets for her exports, which ained only 3 per cent last yea
her imports expanded by Per cent
busin
Economists and bankers and
have all war that the hor xpand-
again
goods.
knows thos
found more
custo
chasi