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THE CHINA MAIL, JUNE 11, 1938.

The China Mail

Ninety-Third Year of Publication 8A Wyndham Street, Hong Kong. Telephone 20022

· London Office: 7, Garrick Street, London, W.C.2.

Mill suggested that a limit should be put on the amount any one man might inherit. Modern re- |formers have been less simple in their remedies, but the report moves in the same direction when it suggests that death dut- ies should be graduated not ac- cording to the size of estates but Notice To Contributors.

according to the size of individual All communications intended for bequests, and that the tax should publication should be addressed to be further adjusted to the exist- the Editor, and be accompanied by ing wealth of the beneficiary the Writer's Name and Address, the legacy to the rich man should be taxed more stiffly than that not necessarily for insertion but as

to the poor man. Some form of ja guarantee of good faith.

gift duty would be needed to supplement the inheritance duty, and the provisions against eva- sion would need to be drastic; the ingenuity of the man of great possessions is infinite. There is also much to be said for the limitation of inheritance in time as well as in amount, and

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Hong Kong, Saturday, June 11, 1938. the committee might well have

PROPERTY

discussed the arguments for the extinguishing of an inheritance after several generations. Of the other causes of inequality the re- These are hardly the times port regards "monopoly" as "at when a political party adding to the present moment the most its domestic programme can ex-sinister.' pect to get undivided attention wide meaning, and many fish are The term is given a for it. The report of a com brought into the net from mittee of the Liberal Party Or-tariffs ganisation on "Ownership for from

to holding companies, patents to marketing All," published recently may schemes and road transport re- therefore suffer because of the bigger interests of the moment.gulations. Sometimes the assault This will be a pity, since it breaks might tend to give the

seems a little over-rhetorical and important new ground and de- impression that in its desire serves wide discussion. The Lib-help and strengthen the "small eral Assembly of 1937 laid dowu man" the Liberal party would set as the "twin ends" and inspira- itself to combat almost all the tion of its domestic policy twe economic tendencies of the last points-the reduction of the twenty years.

"grossly unequal" distribution of

HONG KONG & CHUNGKING property and the placing at the Air Piracy

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disposal of all the opportunities of a full life hitherto open only

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to the rich. The report of the Suddenly, after strenuous Brit- present committee deals mainly ish protests against earlier in- with inequality of property as cidents, General Franco has in- a problem of ownership. Inequa- tensified his campaign against lity of opportunity, with all that neutral shipping serving Spanish that means in housing, sanita- Government ports, has bombed tion, liability to disease, educa-and sunk both British and tion, and economic status, calls French ships, and with complete for equally thoroughgoing treat-disregard for the rules of war ment before the party's policy is has been guilty of machine- complete, and it is good to know gunning distressed seamen mak- that it will be the subject of a ing for shore in an open boat.

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the present report is how State on for some time, but the Brit- policy should aim at the break-ish Government have, until now, ing down of the gross and chosen to look on the bright shocking" inequalities in the dis-side and have offered excuses for tribution of wealth and the en-General Franco whenever pos- suring of the wider diffusion of sible. To-day, this is out of the private property. It puts the question and measures to put a causes of present inequalities un-stop to these infringements of der four heads inheritance, in- British rights are under anxious. equality of opportunity, mono- consideration. The only explana- poly, and defects in taxation and tion, of course, is General Fran- rating. The second is perhaps co's anxiety to achieve as much, as much an effect as a cause, and towards breaking down the Gov- the report is right in giving first ernment's resistance before the and decisive importance to in-non-interventionists really get heritance. It is, as Cannan in- something done as they are pro- sisted a generation ago, by far mising to do. He seems to have the most potent cause of in-felt the necessity of making equality in the actual distribution desperate stroke to avoid a rebel of property and its injustices are defeat which may follow with- progressive. "No energetic, dir-drawal of volunteers. General jective people," as Mr. Wells has Franco's policy is, first, to cut off said, "are deeply in love with in-supplies from the Government heritance; it loads the world with ports, and, secondly, to demoralise incompetent shareholders and the civilian population. The hor- wasteful spenders; it chokes the rors of aid raids which seem to ways with their slow and aimless have for their purpose the killing lives; it is a fatty degeneration of as many civilians as possible of property."

have been repeatedly experienced The Liberal Summer School by Barcelona and Valencia. At- did some good work on the. pro-tacks have been made almost blem fifteen years ago, and the daily, and hundreds of innocent party may be congratulated on citizens have been killed.

The now taking it up officially with Powers are making protests definite proposals. The case for against the indefensible and action is no less strong than it growing cruelties of aerial bom- ever was, and the report brings bardment; France is said to be out well that stiff as the in- taking steps in this direction, crease in death duties have been and our own Government is they have not yet produced any her side. For us, however, it is striking change in property dis an immediate necessity to end Itribution. Years ago John Stuart the new bout of air piracy.

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