MODERN

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The speeches and addresses of all the world's best public speakers are set down in these volumes, together with courses of lessons on how to learn to speak in public.

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THE HONGKONG TELEGRAPH.

PSYCHOLOGY IN INDUSTRY.

PROF. SMITH'S INTERESTING REMARKS.

FRIDAY, MARCH 13, 1925.

16 was a psychological fast that a desire pot satisfied survived into hfter life but in a childish, and undeveloped form.

CRICKET,

1. R. O. v. K. 0, 0.

In the same way enormous speri. fleen were being made to get bask'

On Saturday at 2 p.m. at Sookun-j a gold standard simply bocaure that standard had its own fateina.00, Kowloon C. C. will be repre- But arrested idona could basented by the following, turned into another channel and, Overy, J. C. Lynl, F. Goodwin, S.

Jex, A. W. Ramsey, Gee. Loe, A.) become extraordinarily creative.

R. F. Raven, R. C. Witchell, T, M. Cochrane, C. J. Tauchi, J. Smith.

tit 12.

K. C. C. "A" Electric-Co. On Saturday at 2 p.m. at Kow-

Professor J. W. N. Smith had Rome interesting things to say and Roma interesting arguments to 'give in the fourth of his lectures at the

Why We Are Sane. University. He called it tha Later on the loeturer romarked, Psychology of Capitalism. "Thoreth-t the reason why we wore all were present many studruts and fair sane wna because the mental alan more members of the publicaco always swung true, Anloon. Kowloon C. C. will be re than have hitherto been prosept.-

excess of the unconscious mind presented by.-B. Petheram, L. A The lecturer opened by asking was always balanced with less of R, Duncan, W. F. J. Gorvin, A. J. what was capitalism and went on the conscious and vice versa. That Kew, E. G. Renton, J. C. Long, D.] to quote the speech of the strike was why thang who were most given S. Green, E. G. Gordan, W. Hil londer ip Galworthy's play to boasting were often those most J. S, Cox, E. O. Murphy. "Strifo" where he characterises capable of roll depreciation. the capitalist as a man who will not allow the workers a word, to any in their own fate. He also quoted the words of the capitalist whose reply there

AB

It was an argatert of capitalism that without capital there would be no production. Aiast Pocialien:

were governl arguiments,

FOOTBALL.

the

to the argument that the worker some true some not. He instanced was equal with the master, was a factory in which there might be

The following have been solcoted this one word "cant," and who 1000 men working on equal terms to play for the Kowloon Hoserves followed it up by saying there a profit sharing. If inventor in their 2nd Division-League match must always be a monster.

came to them and offered them at voraus Surrey's Drums, on Prof. Smith defined capitalism the end of three years work on an Kowlood ground to day Kick-off in the sense of disputes invention which would make their 2.45 pm:-0. B. Blipper: W. H. Urquhart; A. :-W. thepower and

productive power much greater if Brown, D. or a group of mea or a company they would only put aside 5p.c. Brown (Capt.), C. Oaveille; 8.1 of shareholders over the Inbour of of their wages for him they might Handle: C. Morris, A. Latham, ather men furcodaiderable time.do it, but at the end ut two years R. Mason, A. Fitzgerald, V. Host, If a man had $20,000 to put into all could imagine the meetings Reserva: —B. J. Vickars : sowe industry then he had that which would be held to discuss amount of plant and wages, that whether they, should go on with amount of power, and that was the arrangement and the chancos what a capitalist hud.

were that the scheme would be learned by ones mistakon and how dropped there, because the risk could people know until they To understand the mind of was too great. The capitalist could had experimented. The workers could not be expectoil to walk into the places occupied by capitalism and know all about it.

Back to Childhood.

It was impossible for the workers to buy out capitalism. We had it and must keep it. A government' could buy out over a period of yearo and could lead money to the

capitalist ono bad to go back to employ the investor knowing that childhood. A very young child he had plenty of money nud could they had all noticed would play afford to take the risk. Often now with mud or muck of any kind. ideas were enrried on in this way By and by it would play with for years with constant loss but cleaner things such as aand and without this enterprise there would eventually when about threebo no progress. Another argu- years old it Was attracted ment in that the workers, if by bright bard and soionth they governed their industry, workers to buy their plant and to objects ond would in time would take too much in wages and provide their wagen until the roturn cellest something of interest love little for reserve funds. In for production came in. The to itself such as particular shalls the days before the war there wor At three years it wanted things a great outcry because workers said workers would then be in the same position with the government as hard and it would get a liking for the capitalists were putting too bright coins and would probably be much to the reserve funds but the they had been with the capitalists encouraged to place a value on

war showed the value of those funds and with the same obligations. The Looney. It got to place a value on and the part they played in the only difference would be that they It was often re-organisation of industry. It might get a bankrupt state where now there were only a few bankrupt that a misor was a man in whom would have been better had they capitalists. these developments had been been larger. suppressed. The instinct to acquire a lot of money

was often the child instinct surviving and not devoloping.

money as money.

Mora cell knowledge on both sides we wanted and if there was enough of it would make bo said for the other side. One aystein workable.

For the Other Side. There was however one thing to

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