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THE CHINA MAIL, FEBRUARY 8, 1938.
THE WORLD GOES BY
W
ning
once mois
We
coals one
TD face this year with the Should you require expert. proof assurance, by our leading of your coming good fortune, I thinkers, that prosperity is about to cannot do better than refer you to arrive. They have not yet decided the "Evening Standard," Fears of what is bringing it, but they hope a major slump, it says, have now to reach agreement before the next been allayed. British prosperity election.
had been threatened by last year's tion clear. There is hope for the hood. setback in the United States. But continuation of prosperity so long it is not likely to spread because as American workers do not have there are “signs of a fresh upward their wages and hours improved. And we are once more reminded of what it is that makes the wheels go round-low wages,
The Wages trade is to keep wages down. and Hours Bill, which threatened have not heard much a of this to saddle industry with a crip- lately, and I had come to think ping load of rigid costs, has been that death had claimed one of my finally buried.”.
oldest friends. But I had under- This, I think, makes the situa- estimated its strength and hardi-
The suggestion that there will be another slump has been repudiated with indignation. The reasons given vary somewhat, and even movement.” contradict each other; but the indignation is unanimous.
Now, I would call your particu- There are some carping critics lar attention to the reasons given who say that as far as they are by the "Standard" for this hope of concerned the slump is still on. I American improvement. They are shall not concern myself with most important:- people who are ungrateful enough to look a gift prosperity in the mouth.
"Roosevelt has promised that private enterprise must be given a chance to set the wheels spin
It's fatal
for a wife to look tired
This idea is immortal. Age cannot wither it, nor custom stale. Securely embedded in the concrete brains of our leading business men, impregnably fenc- ed behind the bomb-proof skulls of our economists, nought can assail it.
This is not a new theory. Indeed, it may be said, like the grand old flag, to have braved a thousand
It defies both time and common- years the battle and the breeze.
It is sense with equal impunity, We all love the old songs best, and this is one of the most popular one of the central pillars of our economic system, and ranka - with that the chief way to improve the Albert Memorial as one of the
Come on Jane the races will be over. Miss Drake is waiting in the car
THINKS:
If only I could hide these lines-
I look awful and this dreadfut tiredness
repositories of our sacred tradi- tions.
The reason for this demand for moveable
wages instead of rigid ones is so that wages can be push- ed up and down smoothly and easily, according to the needs of the moment, like a trombone,
Economists believe that în any given period there is a point to which wages can be adjusted so that the cost of production is exactly right that is so that producera
-BY
"ULYSSES"
That's Mrs.
beautifully "diersed"!
Did you see her. face!- tired and drawn. Her husband's not,
paying any attention to her!
BEY
THAT NIGHT_MRS_{ FEST BROKEN-HEARTED.
ALWAYS TIRED...
EVEN WAKING TIRED.. IT RUINED HER LOOKS. SHE DECIDED TO SEE
A DOCTOR.
Well, with that attractive
Miss Drake about-you can't blame
Shim
WHERE TIREDNESS FIRST SHOWS
DULL
This waking tired tells on your
EYES
• LIFEIEN
HAIR
DRAWN
whole appearance,
Mrs. Bartlett. You see all night long you burn-up.
PINCHED
LOOK
AGEING LITTLE
> PASTY SKIN
LINES
energy in heart
beats and other automatic actions. If this enemy is
not replaced during sleep- of course you wake tired. It's Night Starvation! There's nothing so. good as Horlicks...
2. MONTHS LAYER
But Jolun
It's much too
expensive.
Plance Let me buy it.
• look positively radiant,
Miss Drake!
and so every night :
Horliske makes such a
the way
i wako tired, watch out I In almost every case it's Igår Starvation. It tells on your looks and pers Stary, taking Horlicks — a cupful regularly Falzig. You walk éd --ï eyes bright, skin |
and charm all day.
HORLICKS guards against Night Starvation
can
afford to make things and wage-earners can afford to buy them.
No one yet knows where that point is, nor how to find it. Yet all but the most atheistic believe that some day it will be found. Mathematics gave us the speed of light and the weight of the moon. Mathematics gave us the differen- tial calculus. and my brother-in- law's dog-racing system, Mathema- tics will give us the correct pro- portion of wages to costs.
It is this belief, this pious faith, which enables the worker cheerfully to drop a lump off his wages every time he gets a kick in the face from what the eco- nomists, with characteristic ex- actitude, call the "swing of the pendulum.”
Regularly, every
three or four years, he is told that if he will only make one small temporary sacrifice his industry will be established on a lasting basis of prosperity, and he puts his trust in the future.
If you ask him when he is going to get anything out of it he replies, "Hope, like the gleam- ing taper's light, adorns and cheers the way. And still, as darker grows the night, emits a brighter ray.” “And his employ- `er, should he be at hànd, will add, "0, welcome, pure-eyed Faith, white-handed Hope!" and go on raking in the boodle.
It is true there is some difference of opinion on this matter. While the "Standard" tells us that better wages would cripple industry, Lord Beaverbrook's other voice, the "Daily Express," continues to de- mand more purchasing power for the masses as a necessary step to better trade.
It may be, of course, that eco- nomic laws, like divorce laws, work differently in America. Or it may be that the modest press- lord lets not his evening voice what his morning voice
know saveth.
(Continued on Page 9.)