THE HONG KONG DAILY PRESS, SATURDAY, JUNE 18th, 1927.
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i
MAN'S WORLD?
[BY THE VERY REV. W. H. INGE, DEAN OF ST. PAUL'S.]
country's enemies for the time being, and Mr. Close has heard of corresprudence with anti-British leaders in Russia, India, and
Several years ago I wrote an essay on The White Mou, and His Rivals," in which I pointed out the menace to the domination of the European races from the Chiun. awakening ambitions of Asia. Ti He charitably speaks of "honest -about the beginning of the present idealism" in this connection, but century it was taken for granted by he thinks probably, rightly, that ahnost everybody that the perman-Such idealism will speedily wreck ent supremacy of the Whites was the Empire America is a far nsstred. The only question was greater fortress of capitalism than whether any
portions of the Great Britain, but the Bolshevists habitable globe would be left un-
dare not touch the United States, annexed and unexploited by Europe where anti-putriotism is roughly and America.
idealt with.
We had forgotten however sinee
Mr. Close shows how Rusain has the dawn of history the tide has stood behind Turkey, has thwarted cbbed and flowed from East to West us in Persia and Afghanistan, and and from West to East: how very is busily sewing tares it every greent has been the apparently other Asiatic country. He is con decisive preponderance of the vinced that the uprising. of Asia West: how entirely that preponderis irresistible, and that it must cod nee has been due to superiority in the complete destruction of, in- in weapons and industrial inven. perialism and exploitation, whe tions which we could not keep per- ther exercised by Britain, Amerion, mptly to ourselves; and how France, or Holland. Nothing short formidable the Brown and Yellow of complete independence and races are by their intelligence, their equality of status will content the vast numbers, and their untiring Asiatics in their present mood. Findustry.
Good administration earns 110 gratitude; the Americans have governed the Philippines-efficiently, but the natives held a grand field- day in favour of independence, and chose the birthday of George Washington for the demonstration.
The war between Russin and Japan opened the eyes of the Eura menu peoples to a possible change in the balance of power, and sent a thrill of new hope through Asin from end to end.
an
Spirit Of Rovalt.
"Crumbling."
Much has happened since then to Not the least interesting thing in confirm my forecast, and now we the hook is the passage describing have an important and very dis- the failure of Japanese colonisa- quieting book by Mr. Upton Close, tion. The Japanese are dreaded in American (The Revolt of Californía and Australia, because Asia Putnam). Mr. Close has they outwork and undersell the just finished a journey of twenty European colonists. But, in China thousand miles, traversing the and Korea they are themselves out- whole of Asia, from Japan to Tur-worked and undersöld, so that, in key and Palestine. So recent is his spite of the congestion of popula visit to China that he has seen the tion in Japan, a comparatively rained buildings of the expropriat small auraber have been able to ed British concession at Hunkow; make homes for themselves on the he has also seen the new port of mainland. Whampoa which the Chinese are constructing to take away the trade of Hongkong, and the site of a possible canal which would leave Singapore stranded.
FIRST
CINEMAS.
CLASS ENTERTAINMENT, THIS WEEK END at the
TO-DAY
TO-MORROW
QUEEN'S
GL RIA
SWANSON
in
L
STAGE STRUCK
EVEN
SEV
INNERS
A Weird Comedy with
An Entire Cast of Crooks
WORLD
TOM MEIGHAN
in
OLD HOME WEEK
CLOTHES
MAKE THE
STAR
PAT O'MALLEY
in
PERCHE DEVIL
PIRATE
CHARLIE'S AUNT
ENGLAND'S INSUR-espect of repairs and total losses, There are signs, however, that the ANCE BOOM.
corner has been turned.
BIGGER PROFITS. THAN
EVER BEFORE.
MOTORISTS AS A CLASS UNFAIRLY TREATED.
America's Handicap.
A FAMOUS HOSTESS PASSES.
DEATH OF LADY CHARLES HENRY.
Friends In All Partice. Lady (Charles) Henry, the widow
But why is American business unprofitable? It is a curious para- dox that every business seems to prosper in America except insur- 2000. Perhaps the American is habitually careless in the matter of accidents, but the main cause is of Sir Charles Henry, M.P., the political.
copper magnate, died at her house. The insurance companies suffer Carlton-gardens. She had beau I gave most attention in any essayance boom is in full swing in
Unknown to the public an insur- Governments. As soon as an in- having recovered from
from the interferences of State in bed for over four mouths, never on The White-Man and His Britain. There is nothing senefits the State Government comes
surance company reporta-big pro-operation last December... Rivals," Putting political con- tional about it, but the leading down with the injunction that rates and Miss Lewisohn, who came ove Her sisters, Mrs. Martin Vogel, bigger profits than ever before. companies are just now reporting must be reduced.
This raises the question to which
Nover A Loser.
inatter of life assurance.
a severe
from New York in January to hel
flicts and rivalrics aside, will the He has formed the conviction expensive races be able to hold their that the suicidal war of 1814-1918 own against the laborious and. dends in respect of 1928, and an-
Six have increased their divi greedy British companies are bleed-in-law, Mr. Martin Vogel, a former The story is noised about that in nursing her, and her brother- ushered in "the end of the white thrifty Chinese when the white man other has announced that it will ing the poor American millionaire Assistant Secretary of the Treasury man's world." The Powers may can no longer cutrench himself be able in November next. Evidently Americans beat the British in the figure in politics and society, and
increase its interim dividend, pay-of the American bad risk.
There is
one exception to the rule in Washington, were with her at recover from their exhaustion, but hind a wall of bayonets and war-
The the end
Lady Henry was a well-known. they expect the boom to continue. Russia has been ostracised from ships?.
Insurance seems to have been the
most of the public anen of the past Europe, and thrown back upon The hook is, as I have said, ex-
only kind of business that was not
Life Insurance. :
five and twenty years have at one- Asin, which she is now beginning tremely disquieting. The evidence However bad trade may be, insurance in this country is only about Her husband was a close friend of affected last year by the strike. It is estimated that life asqur time or another sat at her table. to penetrate. Rússia as an Asiatic that our Asiatic Empire is crum-ance goes on just the same. nation completely alters the balance bling is passed together so as to
£45 per head of population, as Mr. Lloyd George, and Lady against £100 per head in the United Henry was a leading political hos- of power between the two con-
be almost overwhelming, and the
It is a curious thing, as one of Is it possible that we British Lreat war.
States and £84 per head in Canada. tess of the Liberal party up to the Liments.
sinks more of his money in fixed parties, the famous annual Parlia But she had many friends. and our animals? No; the Britisher innumerable acquaintances in all capital, like a house and garden. mentary cricket matches which used of passage, but with a much larger Henley being a bond of union that The American is more of a bird to he held at her country place near income than the Britisher. He is
went beyond party. consequently more able to set aside a portion of his anonthly earnings for life assurance premiums.
Insurance companies also con plain that motor-car insurance is hot profitable. That is hard to believe.
Mr. Close is not anti-English, ligent man who has been determin- though he is a Jereinjah as regardsed to see everything for himself. the British Empire. Everywhere Nevertheless, it is possible that in Asia he found the same spirit things will not work out quite as
of revolt-in the Philippines in Judia, in Java, in Syria, in Tur- key, and in Egypt. The grievances are chiefly social-wounded pride
author is evidently a highly intel. the insurance chairmen remarked our dependents worse than we treat companies are engaged in a hazar recently, that although insurance dous business the daily occupation he caught at any time by an earth- of taking riska-although they may quake, as in Japan in 1924, or by a tornado, as happened last year in America, or by a flood, as is now staged by the Mississippi, vet they always come out on the right side.
he expects.
Communist Imperialism. There is no doubt that Russia at being treated as inferior races will be an even greater menace to and deprived of political indepen-civilisation in the twentieth thon dence. But Gandhi, in an interest in the nineteenth century. But it The taking of risks is quietly de- The law of averages asserts itself. ing, conversation, told the author is very unlikely that the Russiansoided in the actuary's office, after that he had no dislike of individual will be loved and trusted by other careful scientific balancing of Englishmen and no hatred even of Asiatics. After all, no uther probabilities. the British Raj. What he dreaded nation dreams of threatening the for his countryinen was the infil- tration of Western ideas,
Work For Children, Even after her husband's death and after losing her only son in the war, Lady Henry had the courage to resume something of her old position as a political hostess, and during the last four or five years one could always fod in- teresting and prominent people at MacDonald was particularly fond Carlton-gardens. Mr. Ramany of dining there.
When a man is knocked down by a motor-car in the street and killed independence of China; but the of this boom. Taking the com- that motor accidents have not in Excessivo profits is not a feature it is often said, by way of comfort, danger from Russia is considerable. panies which have made their re-creased at the same pace as the in- Russia has not ceased to be "importa for 1920, the ratio of profit, crease in the number of motor perialist" and aggressive under after deducting taxation, is apreci- vehicles.
An American with a strong per- Communism; and Russia will not ably less than 5 per cent, which surance
Why, then, do not in-sonality, a warm heart, and a great long remain Commünistic.
companies make is about the average of the last ten
more capacity for organisation, Lady money out of motor insurance? Henry had many charitable in- 20 years. Of course, some companies do
The usual noter-car policy is an tercets outside of politics and
covered, as the motorist has found. The comprehensive policy is a
ested in. child welfare, and ran &
out to his cost. The risks of the misnomer. Many risks are nat shop in Bond-street on its behalf.
elenn,, all-embracing cover for the road to-day demand a simple,
motorist.
The notion of a Pan-Asiatic alliance is fantastic. And as the
or
Russia Intrigue, We want to take up our ancient handicrafts again, spin and weave and make beautiful things with our hands, and we shall stop the trialism before it roba us of our increase, the Indians may not be company has just reported that in soula, as it has done in America. so anxious to see the last of the the last 16 years its net profit. on Let the British tear up their rail-khaki regiments. There are likely the whole of its underwriting roads and dismantle their factories, to be new groupings, such as can counts-fire, accident and marine send their armies home, and stop not yet be predicted. their system of Western education, really not the slightest reason why cent, and never higher than 9.2 There is has been never less than 8.3 per and they will be welcome to stay the Chinese should be hostile to us, per cent.
govern in India, for they are who only want to trade with them just judges and efficient adminis for their and our mutual advan
The One Black Spot. tage. The Chinese are not a people
It is certainly difficult to get the In every country that ho visited to welcome the total destruction of sistently good, insurance companies Only on one occasion has the writer But while the net results are con better of an insurance company. he found abundant evidences of suc- business and orodit, which Bolshe- are not making profits on the whole been successful. It was the case uf yessful Russian intrigue. He viam brings with it. speaks of the uncanny paychological
of their accounts. They have been a "plavins policy. This is an instinct of the Russians, which the literature of revel, and
We have educated the Indians on losing on their general accident insurance taken out against bad enables them always to strike at cannot grumble if they have learn-marine business. The last is wider-paid, and if the rainfall exceeds we business in America and on their weather. A weekly premium is the weak point of their opponent's ed their lesson. We can no longer standable. The Asiatic can, under- flatter ourselves that we can turn
zo much in inches the insurance
compensation.' In this case the.
stench and smoke of modern indus- power and aggressiveness of Russia much better than 5 per cent. One inadequate enver far the motorist. Society. She was expecially inter
and
tratars
armour.
In the post-war boom there was a
Rain Did It,
stand the Russian, who is half Tar- them into good democrats and good big rush of new firina änd, indivipany is liable to pay so muok tar himself, better than the Western Protestants. They will not be pro- duals into the marine underwriting present writer vored. He went to European.. Russia has now active-gressively Westernized; these ideas business. Competition forced rates Ohan for two weeks. (The insur ly thrown in her lot with the Asian belong to the nineteenth century; of premium down to an unprofitance company, of course, had dou- peoples, and is not only undermin- not to the twentieth. But even in able level. ing the influence of Europeans all Asia there must be many who agree miscellaneous risks that were hard of the destination.)
Cover was given for bled the premium when they heard over Asia, but is building up effec- with Santayana about John Bull, ly proper te marine insurance busi- tive rallies for her future world with all his faults.Never since nose,
But if you score in the matter. policy.
the days of Greece has the world
of your motor policy your rates On the top of this cut-throat com are immediately put up or you Russian plots are in the first had such a sweat, just, hoyish petition came the slump in ship are asked to bear the first £5 or instance directed mainly againat master. It will be a black day for ping and shipbuilding, Old ships so of any accident claim. Is this this country,, mainly because Eng the human race when blackguards, which should have been scrapped fair! If insurance is such a pros land is crippled by su anti-conspiratora, churls, and fanatics wore kept in commission. patriotic Opposition. The friends manage to supplant him."-Even-
perous business it. is time that the of the Labour Party are thoiring Standard.
Henco there has been an unduly motorists were given a proper in- high proportion of élaims insurance
EXCHANGE RATES. [URITISH WIRELESS SERVICE.].
Paris
Brussels Amsterdam Berlin
Copenhagen
Vienna
Helsingfors Lisbon:...... Bucharest
Buenos Aires
New York Geneva
RUGBY, June 18th.
124,
34.06.
12.12!
20.49
18.101
34.64
192.80
2.15/22
825
47.11/16
4.60.28/39
25.28
Milan
Stockholm
87.55 18.13
Oslo
16.79
Prague Madrid Athens
1037
28.15
360
Hip ......
Bombay
Yokohama
Shangbai
Hong Kong an
6.27/32
Holiday
1/10.29/32 2/01 02/0
Silver spot & forward 20.7/16