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UTURE CAPITAL OF PEACE. There is no doubt that State,
WHY NOT GENEVA?
municipality and people would do everything possible to make their hospitality worthy of the vast task the League has before it. The Daily Chronicle specia}} la turn, the League would orrespondent, G. H. Perris, writes react upon the mind of the rom Geneva the following:-
Swiss people. I have said Where will the Executive of the that they have not yet voted their League of Nations be housed adhesion. There is little doubt There is much more in this quest-that they will do so. for the on than the choice between one Federal Council has given a clear ite and another, between a suburb lead in this sense, and writers f Brussels and a little paradise like Professor Rappard and M. n Lake Leman. Above all, it is a Schulthess have shown beyond hoice of moral and political mistake that the Confederation tmosphere.
has practically no choice.
1/
The matter is not yet settled Whether from the military or cannot be yet formally settled, the economic point of view, the because Switzerland has not yet outlook of Switzerland, which ormally decided her own fature, already presents dificulties whether it shall be inside or out-enough, would be greatly worsen- ide the great Covenant of Paris ed if she refused her place at the and it is, therefore, not too late new council board of nations, in a o ask in which direction lie the mistaken fidelity to the sort of rue interests of the League itself, neutrality she has hitherto is the organ of the world's will enjoyed.
o-peace.
It is not by the will of the The Geneva site lies about Allies that complete neutrality eight miles outside the city has become impossible; it is by between the villages of Genthod their will that a new, larger, and and Versoix, and between, the more pozitive method of protect- north bank of the lake and the ion for small peoples has been French frontier. It includes the brought into operation. The chateaux of M. de Saussure, dat-Swiss have suffered by the war- ng from 1723, and M. de Pourt-let them think of Belgium and be ales, from 1750, another large thankful..
house called the Chateau Rouge; I shall not enter upon the dis- and lesser buildings with cussions of the question which ive or six square miles of they have been carrying on, for grounds.
fear of failing to do justice to the
movements
are
The lakeside is eminently suit great body of opinion which has ble for the establishment of always appreciated, and in all aviation and wireless stations: legitimate ways supported, the and the city of Geneva, situated effort of the Allies. The German- so near the centre of Europe, speaking cantors are ingeniously offers many advantages for other critical and obstructive; but the means of communication. Look leaders of the Republic Ing backward, over soft wooded clear-sighted and firm. slopes, stippled with yellow corn- It is said that the Labour fields and the red roofs of chalets, organisations will probably refuse to the Jura, and over the blue, to send delegates to "the first water to the snow-crowned giants Labour Conference under the of the Mont Blanc range. I cannot Gompers-Barces Convention, to but feel that here, incomparably, be held in Washington next Octo- the peacekeepers might and a ber. It would be a strange steady inspiration.
spectacle, as M, Schulthess says, Traditon counts for something, if, in this or any other way, F. Geneva is not only a hearth whether from pique or blindness, of ancient Protestant thought; it 'Switzerland were now to abandon is the birthplace of the Red Cross the leading place she has held in and organised aid for prisoners of international
for war, and the seat of the first social progress. great trial of international In any case, it is our duty and arbitration. We belligerents have our interest alike to facilitate her hat always fully appreciated the entry into the new order, to which, immense effort of charity made with their shrewdness and sturdy Buring the war by the Swiss sense, their historical and geo- people, especially for interned graphical position, the Swiss and wounded prisoners. And if people can make a peculiarly a real, vitalising peace is now to interesting contribution. be sought, the growth of the The invitation to make process of arbitration, albeit, with, home драг Geneva most, of) new sanctions, must be resumed. course, be decided exclusively by In the quaint old buildings of consideration of the interests of the State and Municipality of the League itself, and especially Geneva, State Chancellor Bret of its permanent organs. Is it Was good enough to show better that they should function & range of rooms in the necessarily passionate air that might serve for com- of Brussels, or in the calm of the mittee meetings of the League. Alps; on the verge of the battle- They include the famous ball fields, in a city that cannot soon where the Genera Red Cross forget its wrongs, or, in face of a Convention of 1864 was negotiat-federal democracy which is itself, ed, and where the Alabama by its necessary constitution and
me
its
KONO
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The word "Victrola" is also a registered trademark of the Victor Talking Machine Company. It is derived from the word "Victor" and designates the products "of the Victor Company only.
As applied to sound-reproducing instruments, "Victrala" refers only to the instruments made by the Victor Company-the choice of the world's greatest artists.
Look Inside the lid insist upon seeing the famous Victor trademarks. On the portable styles, which have no lid, the Victor trademark appears on the side of the cabinet.
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雄
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HONGKONG TAILORING
CO.
FACINGS
THE WAR BILL.
“TAXES ON CAPITAL AND
FOOD.
Berlin, Aug 12-A telegram from Weimar of to-day's date
Says
In the German National Assembly to-day, the proposed taxes on matches and playing- cards having passed the second reading, the big financial Bills came up for first reading, The President, Herr Fehrenbach, announced that if be adequately supported all the Bills could be finally dealt with by August 20.
WES
of
The Imperial Minister Finance, Herr Erzberger, then addressed the House. He said
A characteristic of the German economic and financial position is the tremendous fluidity of Ger- man national wealth. We must immediately with all speed pro- ceed to create a mercantile, fleet, and then, too, with the utmost dispatch, come to the help of Germans abroad with State advances. A Bill to this effect will r ach the National Assembly in the next few weeks.
Furthermore, our situation with regard to loads must be lightened. The nation must cow raise 25 milliards of marks (£1,250,000,000] year by year in taxes in order to regain a healthy condition. Re- form will come. because it must come. It includes, too, the com- plete reorganization of the taxa- tion administration in a spirit of the highest justice. I will work unceasingly to submit a regulár Budget on October 1. The liquidation of the war undertak- ing must be completed as speedily as possible.
Under the Peace Treaty we have undertaken very heavy obligations, which we have to observe with an honest will A big property offering is the first step on the path of Imperial financial reform In financial and political respect the Imperiel distress offering (Reichsnotopfer, lery on capital] affords the possi- bility of reducing the floating debt and abolishing the vicious paper regime, and thereby reduces the tremendous burden of our interest service. It will be the real means of raising the State's credit.
In view of the enormous amount of, the sums to be raised foodstuffs cannot remain unburdened, as they constitute 50 per cent, of the people's consumption. Food prices have risen considerably throughout the world; for example, by 481 per cent in Italy. 368 per cent, in France, 240 per cent. in Great Britain, and 209 per cent. in the United States.
According to the Peace Treaty, and particularly in its Covering Note, the Entente renounced the right to lay hands on Germany's sources of income. Should it, against the clear legal position and in contradiction to its own Note, try to do this it would be an intolerable encroachment on the
the sovereignty of
German Empire. With the same right it could seiza every tax that we may decide on. That is against its own economic interests.
Furthermore, the Imperial Government will appear before the National Assembly on Septem- ber, 30 to request permission to carry out the Imperial distress offering. The Entente will receive payment of its demands in any desired form, but with paper it cannot reconstruct a single road in Northern France. For that it needs German labour. Only by this means is reparation possible. The Entente has also with a clear glance recognized that.
The tax on business turnovers encounters many objections, but there are so many milliards to be covered that we can only get sufficient by a system of taxation in which, besides direct, there are also indirect taxes.
"Every sacrifice must be made, in order to liberate Germany from her terrible position. The taxation organisation of the
system of the Empire is the first step towards the creation.of.& centralised German National State. With admirable readiness the individuel States have made the heavy sacrifice of renouncing their own taxation adminstra- tions...
It is necessary for the entirë system of taxation to be complet- ed in the course of this year and a work be accomplished which
Arbitration in 1872 removed the customary life, a little league of LADIES AND GENTS TAILORING will be a blessing to the German
last dangers of conflict between peoples?
England and America-doubly If those whose eyes are bent sacred ground. Several smaller, forward, not backward, those who chambers looking upon a sunny are convinced, believers in the terrace contain notable portraits, Covenant, not mere lip-servants, including one of Queen Anne, by have the power of deciding, I do Kneller, given by her to the Re-not doubt what their reply will public of Geneva in 1710,
ibe.
DRAPERS, &c.,
No. Ic, D'Aguilar Street, Central,
TEL 2880;"
HONGKONG.
people. Only by these taxes can we create a new and strong German Empire built on justice and democraCY."
Her Erzberger's speech was punctuated with loud cheers. The House adjourned until Wednesday.
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HONGKONG DISPENSARY.
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WHO SAID SOAP?
We have just received an unexpected supply
I
of Brownley's "Bathadomes" Bath Soap and "Cosmos" Toilet Soap. As the supply is in excess
of our usual quantity we are offering the excess at Special Rates for
A FEW DAYS ONLY.
BATHADOMES in the following perfumes.
Verbena
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Carnation
June Geranium Rose of York Indian Sandal
Price 32 Cake $3.75 Doz.
COSMOS TOILET SOAP in the following perfumes.
Verbena Cologne
Lavender
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June Roses
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Price 15c Cake $1.75 Doz.
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