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TELEGRAPH. WEDNESDAY, FEBRUARY 22, 1932.
TRADE IN THE NEW YEAR.
Special Interview With Labour Minister.
What are the industrial pro- spects which the New Year Holes out? This for Britishers, is an important, indeed,
vital question. For we in this country liva and are sustained by our commercial organisation, built ap through a century of effort, and when that organisation is dis (Fronted we get, as we have bad during the past twelve months, wide-spread suffering on every hand, writes the Observer.
A
But it is now possible to strike more cheerful note. In all their speeches and messages of the past few weeks, great leaders of industrial enterprises have found it possible to point to factors which tanke for restrain- ed bope. That almost everything must depend upon the relations between capital and labour is a fart so obvious that it need not be stressed. Clearly, it is only | by a spirit of harmony and good. will on the part of employers and employed that in the coming year we shall be able to seize the op- portunities of trade restoration now bell out to us. What, then. are the prospects of our attaining. |such co-operation?
In a New Year's interview with a special representative of the | Glanzver, Dr. Macnamara, Minis- lier of Labour, rounded a welcome note of conviction that the pres eat good relations are going to persist.
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THE NEW CHINESE ALIGNMENT.
Sun-Chen-Wu Alignment Liang-Chang Combination Said to be Materializing Rapidly.
by the people who talk about THE NOTE OF HOPFL
conspiracies against wages. Speaking first of the general)'deliberate attempts to lower the situation, he said that the note of standard of comfort, and so on. optimism now existing was an "May I say that it is no real excellent factor; and pointed out kindness to the working classes that it was not altogether inspir-to dismiss the whole matter as ed merely by the spirit of innate another evidence of the nefarious hope with which we step our past rapacity of the capitalis: ?' Tue
Paking. January 31-Asser- another milestore
situation must be faced, and the "The past year." he said. "was facts examined dispassionately. tions made by the new semi- defunct Liang Shih-yi Cabinet to A year unparalleled in our The manufacturer may go on history for its -record widespread and persistent in a short time in all probability based on purely selfish and mer. of manufacturing goods for a time the effect that General Wo Pet- It's opposition to it has been dustrial depression and therefore, and stacking his warehouses with unemployment. That of course them. But that is no good to was the direct and immediate anybody, and least of all to the sequel of the great war. It de workpeople, for at the end of tha: strayed the whole mechanism of journey the only comfort open international trade and com-to everybody co.e ned is to note merce. And let there be no mis-how courteous and deprecatore is take about the fact that though the demeanour of the official Rees, states the Chung Mei Agency. optimism is, and rightly so, in the air, the process of recovery will be painfully slow,
ceiver.
INCREASED OUTPUT. The deepest gloom in the
"It may very well be that the dark year now happily behind us discussion will disclose that to a was experienced Jet halfway certain extent, at any rate, th and can battained, not by cuts through its course. They wereof one sort or another, but by then over a million miners out:)
increased production. 1: may over two million other workers unemployed; and over a millior very well be that 'cuts are in!
evitable.
On
short time.
That is to 355
less than one in three of our industrial population was work ing full time.
CREDITS FOR EXPORT.
em-
cenary motives and has lacked the support of officials and people in both North and South are not upported by the fact, according to the best information available from northern and southern soat-
Nor are the Liang Shih-gi- Chang Teo lin factions claim that the South has been listening more favourably to their pleas for reunification to be taken with other than a grain of salt, accord- ing to the same informants. AGREE IN OPPOSING LIANG AND CHANG.
The situation with regard to reunification is briefly, this:
mice. Wu Pei fu and the Military Sun Yat-sen, Chen Chuing-
and Civil Governors of Kingsi Kiangsu, Hupeb. Honan. Shensi and Shantung are united in their opposition to the Liang Shih-yi
that wherever there is a fair and Then, I will back my opinion
square discussion between ployers and employed upon the whole of the relevant facts, and What I am now concerned wherever a fair and square deal with is the future. And though emerges, the workman bas geGovernment, or any other Gor. the last year has clo-ed amidst fac to much good sense. the gloom of continued depresand too far genuine an appre spices and domination of Chang ernment organized under the au- sion. already lighter patches Aciation of his responsibility.To-fin and bis group of adherents discernible amongst the shadows flatly to decline to accept any among the Old and New Com
Two things are manifestly reduction whatever. Tan policy manications Parties, necessary if 19:2 is to reflect of dropping the sober substance throughout the gleam of promise for glittering redection in the this and is opposed to any Gov.
Son Yat-sen goes further than with which it opens. We must stream is one to which neither ernmen: in Peking that does re-establish, somehow or another British employers nor British not represent the entire nation markets for our goods. We must workpeople arg
specially ad-and is not legalised by a repres-
ka into those muurke's offering dicted."
goods at 3 figure that
out
entative national Parliament. will prove attractive. As re REAPING OCA OPPORTUNITIES. Wo Pei-fu's attitude is not gards the former of these two! I am convinced that what has known definitely, but there i fundamental cecessities, much i been going on bebind the gloom every reason to believe that he being done, and in the hands of and shadow of 1921 gives up very favours the continuation of the men like the Prime Minister and real assurance that when we come Peking Government, provided bis commercial and financial out again into the sunshine, as that it is decent and free.from dvisers, we may be quite sure slowly, but surely, we shall do. military domination, until peace. trat very much will be done, to we shall be in a position to reapful reunification can be effected to the full the opportunity that | with the South and a represent- get things on the rails again.
ative national Government can "Already quite a usefalstimulus will be presented to us.
"The bad old policy of 'pull be formed. The Government of bas bren given through our widely extended Export Credits Scheme devil, pull baker-soclamorously the six Provinces are with Wa. In the early autumn of 1919 advocated even to-day in some Parliament authorised the raising extreme quarters-is steadily go- of £26,000,000 to be employed as ing to the wall, and in its place a fillip to foreign trade. Down has emerged, and is emerging, a to the close of September of last genuine spirit of comradeship, year only £2.927.676 of that It surely cannot but be followed amount had been brought into by the happiest results for all play. Experience gained bas led concerned." us. as I say, widely to extend
and improve the working of the
plan, with the result that during IRRITATED & INFLAMED
last three months of £3,003,189 has been applied. And,
EYE
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- MITSUI BUSSAN KAISHA,
KUNUKONA,
LTD.,
CHES THE MEDIATOR. Chen Chulng-ming atands be- tween Sun Yat-sen on the one hand and Wa Pei-fa and his friends on the other. He is, in a sense, the intermediary between
and Szechuan-4.5
and well But, while Wa
Chen Sun std Wu.
Differences between Sun Yat AS Wo Pei - fo'x six Chuing-ming are understood to sen and Chen Chuing-ming bare, provinces-Kiangai, Kiangsu, Hu- agres on most points of policy, according to the Chung Mei News peb, Houan, Shenai and Shan-Wu and Sun Yat-sen are not yeki Agency's informants, been exag-tong-were lined up against the close enough to one another to gerated. It is not denied that | LiangShih-gi-ChangTso-lin com- ensure either the possibility dun and Chen fail to see eye to bination. Fürthermore other pró-|or. the success of combined in the hands of Sir Philip Lloyd can be directly traced in many eye on some of the problems that vinces, notably Chekiang and action. Neither of them trasts Greame, we may be quite sure cases to the Sunday motor trip are confronting them, but the dif- Anhwai, were, for geographica the other. Each of them is keep- that the scheme will be pushed and golfing. The dust from some ferences between them are those and political reasons, very shaky ing his weather eye on the other. for all it is worth.
sections of the local roads contain of friends who are working: to- in their allegiance to Paking.. Chen Chuing-ming is still the a decided eye irritant. A sugges-gether towards the same gosi. DIFFICULTIES FOR PEKING. man"in between" who does the tion for these trips would be to Sun Yat-sen is the radical, With from twelve to fourteen mediating. keep the windshield up and to the dreamer, Chen Chuing-ming provinces working wore or less. On the other hand it has, of "I have remarked that we use a pair of Suo glasses. Sun is the conservative, the man with in harmony against Peking the late, been Sun Yat-sen's policy must go into the markets offering glasses of any pattern with either both feet on the ground, the door, situation of any Gorerament to let We Pei-fu go ahead and our goods at a figure that wil Crookes, Luxfel, Fieuzal. Amber,But their goal is the same; and there has become more than to watch him. prove attractive. That imevitably London Smoke, or Blue lenses each supplements the atbar, raises the question of the cost of are obtainable at very moderate
precarious. The fatore depands Thus, if Wu's policies and We Pei-fo's publicity campaign mainly, almost solely on the final deeds continue to meet with Sun's. production, the greatest single prices from The Hongking against the Liang Shih-yi Cabinet attitude of Wu Pei-fu and when approval, and if Chen Chaing factor in which is the wage factor. Optical Co., successors to Clark was carried on with the full ther he and Sun Yat-sen can coming can corb Buz Yat-sen'ai Naturally, directly that question & Co., manufacturing & refract knowledge and approval of both operate harmoniously,
raficalisms to a point that enablen is raised one is on difficult and ing opticians--the most com-Sun Yat-sen and Chen Chuing. If Wu and Sun can work to Wo to work with Sun, the days. delicate ground
petent manufacturing opticalming.
gether the days of the Peking of the Peking Government, Government are numbered, and a now constituted, are numbered
WAGES AND COST OF 'PR). DUCTION,
.
The first instinct of the Da-establishment in South Ching This means that the provinces tural man is to resist wage reduc-located in 53, Queen's Road controlled or influenced by Sun new Go emment, representative and the establishment of a fiols Of course it is. That (omposite to the Binger Sewing and Chen-Kangrung, Kwang of most of the country, will takeś national - Glowernapata fe instinct is very much rainforced M chine Company)
si, Yoonan, Kweichow, Hits place in Peking.
than a mere irakamk
tion.
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