Page
O. B.
B. BEER
PRODUCE OF MANILA
UNEQUALLED IN QUALITY,
IÐ PREMIER BEDR
NOW ON THE MARKET.
SOLE AGENTS F
THE HONGKONG DAILY PRESS THURSDAY, OCTOBER 18TH
LESS WORK
MONE
COMPETITION.
ILLICIT PROFITS.
ABOUR AND CAPITALISM
MRSHENDERSON
RAQUARE POLICY:
PARTY
Mr Arthur Healerian, MP for Your Castle on Tyne Erst addressing his cus stituents on September 11th on the bjest of Inbour and industry, said that for the first time in Parliamentary, history" An^ers One of the most evi legacies of the gaived political party hast officially plan. war is the fact that it has introluced, neu and deliberately delivered an attack or at least mode effective, a news par upon the capitalist system of producing "chology of industry. Control killed, conts | wealth - The Labour party did not merely petition. The concomic, emblem" of the challenge the effects of the system; they Victorian Age was: Small Proits, Quick deals with fundamental, and showed that Returns. The motto of the post-war git resulted in the continued appropriation is the dirent contrary-Es Work for by the owners of wealth, that the systems More Money. The results is not merely fails to provide the material means fur a that prices" rose--they were bound to do good social life for all the members of the so in war-time--but that they come more community, and that under it multitudes han they should have done; and that were 'horn into conditions which exposed when they fell, they did not fall in the them to want, disease, ill-health, and even. proper ratio in the retail as compared premature death. The system, condematu with the wholesale trade. An artificial large numbers of decent, self-respecting. level of prices is being maintained against hourst, law-abiding citizens to long periods the consumer, yet, paradoxically - it is of undeserved and unrelieved misery, con- not the producer who proft, but the inter-soquent upon unemployment, without mediary at middlemen, who neither pro- making proper provision for the human duces nor, consumes, but distributes and needs of those it had rendered compul control He toils not, neither does he morily idle, spin, but Solomon in all his glory was not Labour, he continued, inlisted the pro- arrayed like one of these for at uny rate meht system because it was costly," waste-|_| one of his adherent womenfolk), for of fal," inefficient, and opposed to the prios such is the kingdom of the profiteers ciples of social morality. The Labour | |
The merchant is a legitimate and party stood alone in challenging the exist necessary link between producer and con-ling system. The other parties defended.
GANDE, PRICE @ CO., LTD. and he nitres an ancient and it, though the Liberals admitted that it
WINE MERCHANTS,
Tel. Central No 135.
No: 8, QUEEN'S ROAD OENTRAL
HONGKONG.
DAIRY FARM NEWS,
AND THE BEST YOU'VE HEARD FOR A LONG TIME.
We have Just Received
A Shipment of
CANADIAN FISH.
including
RED SPRING SALMON,
CHICKEN - HALIBUT SILVERSIDE SALMON.
Order Early and Insure a Real Treat.
Prevention
is
better than Cure!
Just now Sickness is rife. Influensa, Cold and Fever Germs are Particularly
Virulent
The Best Germicide is
LOTOL
Spray it Freely
LIGHTING
We shall be pleased to submit designs for any Special Work.
ARCHITECTS DESIGNS CARRIED OUT IN DETAIL,
FITTINGS FOR EVERY PURPOSE IN STOCK
ELECTRICAL DEPT.
The Hongkong Hotel Co., Ltd.
DRUGS
PRESCRIPTIONS
When the Doctor prescribes he expecta-the Druggist to fill the Prescription with Pure Drugs. The quality of our Drugs, Medicines and Toilet Goods in nob surpassed Have the Doctor's Prescription filed here and the result will be satis:sofory!
THE PHARMACY.
Rice Red:BuELDING/OEF 1Strietor: Huus 4:973.
FERS:
needed to be overhauled, patchet up, and humanised, to correct the rigours of un-
192
BICYCLES
LADIES GENTLEMEN'S "ORA TANDEMO FOR HIRE-OR SALE
English Bicylen and Racers Just Arrived,
English Palmer Tyres and Repair Chatfits for Sale.
HANG LEE CYCLE CO...
Tel Contral 2313.
38 HAITHONG Road EOWLOON. Next to FaLACK HOTEL.
K711
PO Box 630.
MADELINE PEARSON
AFTERNOON AND EVENING
GOWNS
CHARMING HATS AND FLOWERS
NOW SHOWING.:
St. George's Buildings, Ice House Street
(Next to Cafe Wiseman).
THE GOLDEN, PINE EDITION OF ACNWINBURNE'S WORKS
**
ANCIENT GREECE By. H. B.
$12.00.
Cotterill - .. $2.78. A sketch of its art, literature, and philosophy riswed in connexion with its external history, from earliest times to the age of Alexander the Great
honourable calling But in these days the merchans proliferates to readily into La multitude of middlemen, each of whom stricted selfishness by partnership and adds his percentage of profit to the article security, and by putting public neck and in its progress from producer to consum human rights before private interests -- He er until the actual cost of retail goods in ventured to ask the Liberal leaders how
Pur Vol. $3.80, the shops bears no relation to the cost of it was possible to secure such advantages Poeme and Ballada," Ist serien.““Poems the wholesale product. A typieni instance without drastically changing the prewent and Ballads, nd and 3rd series." "Tristram is provided this week by the report on but form of industrial organisation, I would of Lyonessalanta in Calydon and cher meat. The price of Australian further an aid Mr. Henderson, if the Erechtens
Songs balore Saunatn chilled nient in this cut not free on country has not been legislating for yer Study of Shakespears." board at Melbourne or Sydney, but in the a hundred years with a view to eliminat warehouse in London-is 3}. a pounding, certainly with a view to regulating RUDYARD KIPLINGS VERSE The actual price in the shops is d
or minimising, the evils of the system. I INCLUSIVE EDITION—1885- pound. We know of no reonomic, fat les assert, that experiencs proved that it is
1916 of any ethical argument, which will cover impossible to secure the changes for which that enormous disparity. It it is possible the Liberal leaders now claim to stand to grow stock in the Antipodes to slaugh without proceeding somewhat on Labour ter it at an Australian port to transport line Capitalism never hall, and in his it across the world in a specially built steam opinion never would, unless compelled, pro- er and to land it and keep it in a Los vide security for the workers. It was don store for less than fourpence a pound, mockery to talk of security of livelihood. then assuredly no essential process in its if it did not provide security of work at progress from Smithfield to a Leytonstone an honest and fair wage or adequate main or Hammersmith shop can necessitate antainance where that work failed. For increase of another vapence, pound. twenty years organised Enhour had been The middleman who stands between ware declaring it to be the duty of Government bise and housewife is obviously making to adopt a national policy of deliberately a higher ratio of proft than the grower and systematically preparing with a view the slaughterer, and the transporter.com/
to preventing the occurrence of unemploy bined and no juggling with words, noment, instead of letting unemployment casuistry of economies, will make the world occur and then seeking expensively to ro regard such a transaction as anything but love the unemployed. It was bad econome an illicit profit. It in manifestly legal from the standpoint of the State and the But it is not less evidently irrational, an employers to allow the health and fitness Just, and therefore immoral
of the workers to deteriorate during periods of enforced idlenes I contend said Mr. Hemerson, that nothing brings out of the Worker, and the economic inferiority under the present organisa ment. The industrial policy of grganiset tion of industry so much unemploy Labour, he ecluded. represented a de- finite and deliberate attempt in secure for the workers a greater share in the control of industry together with a fairer dia tribution of the wealth produced by the labour of hand and brain.
The Committee which has been investi- gating this particular matter does not all that the hutcher is an exceptia wicked person, or, indeed, that in any sense whatever an exception to the general economic rule of the day. In every other important or essential trade the ratio of distributive profit to the individu- al transaction has increased the consume pays more, not because the goods cannot be produced for less, but because, he can not do without them. In other words, ha pays up to the limit of capacity. The elose relation to the actual war-psychology of belligerent States is almost too obvious to be insisted on, but there is this import ans difference in the parallel, The Euro- Dean States cannot collect their debts The batcher, the baker, and the candle. stick-maker can and do
This new psychology of profit runs through the whole fabric of contempor ary, retaij trude. The chemist's charges are trebled the draper's charges are doubled, the furnisher charges more for every item in his catalogue--it is a signu- Tar coincidence that cots and coffins, the wipha and omegn of the upholstery busi- ness, are both 100 per cent, dearer than ten years ago? Admittedly, the increase of wage accounts for some of these additional charges. But wages havo notoriously come down in the Inst two years. Prices have not come down in any- thing like the same proportion, ‹ The npersting costs of factories and shops are. therefore, less than in the boom-years 1919.20
The Cochmittee which has investigated these questions has no remedy to suggest indeed, a remedy lies outside their terms
"Boy! A Good smoke, my SUppers...... and Armchair,”
THE
HONGKONG CIGAR STORE, LTD.
Do not supply Slippers and Chair, but They do supply a
GOOD SMOKE.
When in doubt, about your syas
or your glassos Consult
CHIESE OPTICAL CO.
Eye-sight Specialists.
of reference, and we are not sure that 67, QUEEN'S ROAD CENTRAL
any single remedy exists. The classical econonnets would have said that the only way to bring down prices were for the "producer" to "produce more, and for the consunter to consume less, Both these method Fave been followed during the last two years there is no shortage of production in England, and the consumer, who has been blod to the bona, has natur ally curtailed purchases--but their curative. effect on the provalent discose of modera econorates Bas been negligible. The fact is that people have to buy in order to live, and the only relevant care for the tradeaman's extortions suicide is, even in these days, a little too drastic. A sick mau raay murmur Morituri te nakulant to the distinguished surgeon who puts him out of his misery, but the harassed house- hokler has not yet reached the pass when the tag seems quita, appropriate to the local grocer,
NY
It may be that we are in sight of a new connowric order, that will grow out of the ratuses of the prec at system n which the quiddieman is no longer a useful link but“ a parasite on both producer and consumer. If these excessive profits of the non- producer are not reduced, then we are within-measurable distance of an agits tion for a renews of State control of "prices--no"!« sdmittedly unsatisfagtory "mehod phu po we should prefer, to shinde that the cure lay along the lines of the producers themselves combining to under- take the merely technical busines of dise tribution at 6 more reasonable rate. There is no economic reason that we are
Bongkong
MONDAY, OCTOBER 29TH.
JASCHA HEIFETZ,
BOOKING ÁT MOUTRIES.
FRIMO, BEER
Teasing to the Firsts.
aware of why this avenue should not ho OBTAINABLE EVERYWHERE oxplored, in the hope that it would
eliminate wine at least of the more un
justifiable elements of illicit profit that I RUITONJEE & SON,
maintain the present excessive cost of
| living-The Outlo
AN INTRODUCTION TO MYTHO-
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"A MERRY BANKER IN THE FAR
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161
MEDIEVAL EUROPE ITS DEVELOPMENT AND CIVILE
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THE WHIMSICAL STAR IN A STRONG TALE
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