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THE CHINA MAIL, APRIL 11, 1938.
rearm without actually denying ther obligations not to rearm. It of course can logical compro- whole, not an
the cir othing better could
cumstances
Wyndham Street, Hong Kong, be expected-
Telephone 20022.
London Office: **
Garrick Street, London, W.6.2
Notice To Contributors.
The Budget
Immediately after the Easter Sir John Simon will in- first Budget as Chan-
cellor of the Exchequer, with the task before him of raising some-
All communications intended for how a round thousand million
lication should be addresse
the Editor, and be accompanied by
the Writer's Name and Address,
not necessarily for insertion
as a guarantee of good faith.
Subscription Bates.
3 Months
H.KS 9.00
but
no
sterling Were the figure greater nor no less, it would lend dráma to the presentation." Most people are a little fluttered by round numbers. There is ap- parently some thrill in hearing that an individual is “worth a million," and when it comes to State expenditure we are guilty of a queer kind of pride when the figures are "round" enough. Just now that pride is being fully gratified. Estimates of the cost of rearmament at over the original £1,500,000,000, the statement that this year's total expenditure may come nea the $1,000,000,000 mark, Air Es timates of $100,000,000 these things make us see stars, if we may use the “astronomical” fig ure common nowadays. How immense we thought it when in the eighteen-nineties expenditure topped the £100,000,000. Mr. Gladstone might murmur "Bed- Memorial Hospital, Sunday, lam over Estimates which: 10th April, 1938, wife of T.-L.. Bell, a daughter.
6 Months
One Year
HK$18.00
FLK:$36.00
Postage Abroad Extra
BIRTH
BELL To Maria, at the
Hong Kong, Monday, April 11,
Alice
1938.
THOSE TREATIES
were well
below the $100- 000,000 m 1983-4; Harcourt might rage at the extortion of "the admirals” and the necessity of raising £93,000,000 for all purposes in 1894-5, but the South African War taught us something new. It seems a long time now since Conserva- The announcement, almost co-tives grumbled at the frenzied inciding with the plebiscite in finance of the Lloyd George Social Greater Germany, that Hungary Service years, but even so the is to raise a special fund for year before the war just failed defence purposes and "realise
to touch the £200,000,000 mark military equality," will cause no which was to be the ruin of the surprise. It is difficult, indeed. nation. Mr. Pitt has been called these days to remember that a profuse War: Minister, and certain nations are still bound between 1793, and 1801 his sys- by treaty to restrict their militem of making war by loans in- tary forces and armaments. The creased the debt by $334,000,000. peace treaties imposed one-sided How vast a sum it seemed then; disarmament on Germany's allies just now it is perhaps three in Europe as well as on Ger- months expenditure in time of many, Austria, Hungary, and peace
Bulgaria, by the treaties of St.
Germain, Trianon, and Neuilly,
were all forbidden conscription
and an air force among other A Point Of Defence restrictions. Their right to
"equality" was recognised in
The vital
theory" by the Disarmament stora
Conference together with that tam's
of Germany, but nothing came of preparation it; and when Germany finally re-points of a
food
adequate
were the main
h which Sir Ar-
pudiated the disarmament clausesthur Salter delivered to the Lon- of the Versailles Treaty Austria, don Chamber of Commer Hungary, and Bulgaria did not cently The situation in which follow her example. They did the British Isles would be placed not, however, forget their claim during a war, producing but a to equality, but acted increasing quarter of the food consumed, It ly as though this claim had been would, he says, be grave,
in granted In April, 1936, Auswould be worse than it was tria introduced "compulsory ser- 1914, for the population is great- vice" which was, in everything er and the mercantile marine but name, conscription Bulgaria smaller. Sir Arthur's proposal is had introduced compulsory "lab-that storage should be increased food value. our service" some time before. until it equals in The Governmæænts of the Little a Entente protested, but chiefly, In fas a matter of form. In Novem
ber
the
ence of the
of the Rom
Italy, Austria,
ed the right
maments”
the treaties conference.
same Powers repeated this.
position now is th Hungary asserts her right to
by
the
of air