THE CHINA MAIL, MAY 21, 1941.

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Now she has The sinking of the submarinect 6" in June. 1939, was a world sensation. emerged as the victorious H.M Submar ne "Thunderbolt." Her sinking of an escorted Italian sub- Photo shows some of the crew marine was her most brilliant Ach vement, recently announced.

of the Thunderbolt,'. In centre is Lieutenant J. Stevena. (Copyright, Fox).

DEMOCRACY'S PROBLEM WHEN WAR IS OVER

TAKING AS HIS SUBJECT "The Problem of Post-War International Economic Organisation,”

Dr. Henry F. Grady, President of the American APPLAUSE

President Lines, delivered a thought-provoking ad- dress at a luncheon meeting of Teachers of Inter- national Law at Carlton Hotel, Washington. Sonte of the questions which Dr. Grady posed were these: To what extent after the war shall we be able to sell the surplus products of our farmers and in- dustrial workers in world markets?

Will the international mechanism velopments in science and techno- of trade be restored or shall we logy have naturally been

HURTS PETAIN

Dumb

mutiny

the

latest phase of anti-Nazi activity in unoccupied ac-France-is rousing Ger- have to resort to the barter sys-companied by changes in social man anger because they tem of primitive peoples?

instilutions. To say that capitalism: is doomed, if by

Shall we be able to enjoy, in

а

Marshal Petain was himself the record of

instrument of this new defined first So

capitalism is can't do anything about. a higher standard of living, the meant our way of life to-day, is it. economic benefits arising from merely a sensational way of say- world-wide specialisation of ing that history is

Capitalism production made possible by mul.change. tilateral trade, or shall we, as a has died many deuths. The capi- technique, when he made a speech, result of economic nationalism, talism of 1900 was have to work longer and harder, from the for a livelihood?

on

the

at of

was a150 broadcast, in far different which capitalism of George Grenoble recently. Washington's time, and the New When he opened his speech the Deal capitalism of to-day

Marshal sold

was surprised "The answers to these ques-

different from that of 1000. what he thought the warmth tions," said Dr. Grady, **now

have no quarrel with anyone who his reception. A storm of clap- depend largely on us,

the sport of phruse-ping met his opening phrases. As ability of American labour and enjoys

the essentials he proceeded he was interrupted management to cooperate, on their making, provided

of free enterprise and democracy again and again by applause, efforts to hold down costs

and

broken often made his are maintained. 'A rose by any which prices, and on the willingness of

other name would smell as sentences ludicrous; he was dis- individuals, economic classes and

sweet.''

tinctly heard on the microphone sections of the country to subor..

to murmur "They seem to be doing dinate their specir interests to

Dr. Grady said democracy can-it on purpose!" the supreme national objective not be gained by merely fighting

"You are of aiding the democratic cause."

for it, continuing:

faith in

Equality In Commerce

When Petain said. proving that you have France's destiny deafened with applause,

++

he was

Then the proceedings develop. ed into a farce. Marshal Petain: "A certain

A

"We fought in the last war to make the world safe for de- Dr. Grady believes that if the mocracy, but refused in the period outrome of the struggle in Europe of peace which followed to assume Is the division of the world un- by membership in the League of number of Frenchmen have not der totalitarian auspices into N Nations our share of the respon-understood the necessity for number of closed economic re-sibility for the shaping of a de- New Order (thunderous ap- gions, then our problem nt mocratic international society. We plause) and remain attached post-war international economic felt that we could rely on isola-to the hope of a return to a happy organisation is to maintain equal- tion for security regardless of and easy life.. (Resounding ity and freedom in the commer- what happened to the rest of the and prolonged upplause and cial relutions of the Western world. We even refused to

co-stamping). Hemisphere and the British Com- operate with other countries in

Marshal Petain: "My friends, monwealth of Nations 28 a order to build a more prosperous | I am about to leave you

nucleus around which an inter- world community. Instead we Here the applause was so loud national democracy may ultimate- | raised barriers against world and prolonged that the Marshal ly be built.

trade which, especially in view of cried with

disgust, "Ah!" "But such totalitarian economie the heavy international payments:

no

And

organisation," he added, "is not having to be effected in the post-so began the new campaign. Inevitable. It is merely a possi- war period, contributed in bility, one of the forks in the small part to financial and eco- road of civilisation which soclety nomic instability of the world and the preservation of democracy. can choose or reject, and it is ultimately to the great economic "It is my conclusion, therefore, admittedly one which does not depression, disillusionment, and that the problem of post-war lead to the greater well-being of social unrest out of which arose international economic organisa-, humanity or to an enduring world, national socialism. pence. On the contrary, it leads directly

conditions to

out of which further world conflict must come. So why choose it?"

However, Dr. Grady *x* plained, we cannot expect, in 'the event of a victory for the democracies, to restore the ex- not status quo, adding:

My dog Change

"Society is constantly changing. Inventions, discoveries and de

tion, regardless of the outcome of the present European conflict is, in so far as we are concerned, Post-War Problem ·

the and advance to preserve

policy "if we believe in democracy,liberal trade

which we these are the realities-we have have pursued since 1934. The to face, and it takes more cour-prospects of success will of course age and Intelligence to face them be encouraging in the event of a than it does to face the dangers British victory. In other circum- of totalitarianiem. Unless we stances' aur fasic may be much

all the more_'. are prepared to proceed after more difficult but the war in accordance with our important, for then the cause of convictions, as we were not freedom must look to the New after the feat war, then we are World alone for fugo and wasting our time talking about strength."

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