Tuesday,
IRITAIN AT WAR-New
E
NGLAND and Churchill. They are Germany's pet hates. The English- man most hated in Germany is Winston Churchill, 65 - year - old, cigar-smoking, baldish First Lord of the Admiralty whose "Nazi”- on
thaadio sounds like "nasty."
Churchill is back on the same job he had 25 yeks ago, and his navy is successfully hunting U-Boats, "not without relish," with able assis-
Library, Supreme Court
March 12, 1940.
3
HONGKONG TELEGRAPH
Exclusive Series of Articles
HITLER IS LICKED
ON EVERY OCEAN
tance from the Royal Air Force.
The British conservatively estimate at least 40 U-boats hive been sunk, and possibly more. At the start of the war Germany supposedly had 65 submarines in commission
·and 28 building.
Churchill estimated in Parliament recently the
Allies were destroying two to four U-Boats a week.
He estimated Germany's capacity re-
placement at two a week, revealing confi-
dence the U-Boat would be placed un--
der control, particularly as the output of British patrol craft was accelerated.
England was bored by a lethargic war until electrified by the gallant attack of three cruisers against the heavier armed German pocket-battle- ship Graf Spee, which was chased into Uruguayan waters.
and later scuttled by its in London to exclaim, "The Elbe|
crew.
is a hell of a place to go.
of
If British claims are correct, Death of the Graf Spee con-j
important percentage trasted sharply in British an eyes with end of the British Germany's heavier units has armed merchantman Rawal. been destroyel or damaged be In contrast, the yond use. pindi, which went down in an British cite losses of their mer- unequal struggle with the
chant ships amounting to less Graf Spee's sister-ship than three per cent.
of their Deutschland rather thun sur total tonnage. render.
The R.A.F. daily patrols the Other naval incidents regard-Atlantic, North Sen and English ed by Britons as upholding their channel, watching enemy avia- naval traditions include the tion, hunting U-boats, assisting submarine Ursula's dive under distressed ship and seamen and convoys, six destroyers after braving guarding merchant German naval and aerial patrols minesweepers and fishing boats, at the mouth of the Elbe river At night, British planes patrol to sink a German cruiser of the the German North Sen Koln class.
watching for German
This exploit caused an admiral laying planes.
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British factories are turning out hundreds of planes, and officials estimate the production capacity by next month will be when eight times what it was the air expansion programme begin five years ago.
M शु
*
By
190,000 tons of Bri-
tish warships: the "Nelson"
and "Rodney," fol- lowed by "Malaya,” “Va-
liant," "Queen Elizabeth" and "Barham." Take a practice spin.
Reuel Moore
Each of the major industries is t The government already--as in pinced under control of
I
to
small Germany-has large powers board whose personnel in draw punish any employer who entices almost exclusively from the big units.
These big units now have labour from another employer. In full access to the trade secrets of fact the emergency powers net is so small independents-name of cus-broad it might fairly be described amounts of raw materials on hand
A gigantic empire training tomers, former volume of business, as a complete, fascist apparatus for
scheme in which British, Australian, New Zealand and and the latter date not "quawk" duration of the war, if the govern Canadian fliers will complete since they are at the mercy of con-ment has courage to use it, their training in Canada has altrol boards which allocate supplica
and dictate prices. ready begun. The first British pilots, are expected to Canada this month.
The first Australian fliers are
already in England.
reach
Thus in fron, steel, aluminium and non-ferrous metals, in wool, cotton, jute, hamp and linen, in leather, paper, timber, cereals, coconut oils and cocoa these independents and their satellite merchants already have some reason to wonder if the war has landed them in a "corpora-
Britons believe Germany has not yet attempted an air "lit krieg" against England at least partly because British defences with fighting planes and anti-tive state." aircraft batteries have showed a Cormidable abllity to retaliate.
+
Be prepared for
Rainy Weather
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SELECT YOURS EARLY
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The government, through the÷÷÷÷÷÷÷·|-|-|-|-|-|-÷|-||÷÷▬▬▬▬▬▬▬▬▬▬▬▬▬÷÷÷÷÷÷÷÷|| Chancellor of Exchequer, Sir John. Simon, has already hinted that Inbour must make sacrifices.
Nobody, not even the fiscal purists, worries much about the National Debt. The prevalling thenry is that this does not seriously matter if national in- come is kept at a high level so ma to reduce the burden of its un- nun interest payments.
When war ends, the national in-
POPULAR FAVOURITES
ON
HIS MASTER'S VOICE
Naturally, their ultimate fate is note- it is unpredictable. But worthy the government for the first time in history has already es- WAR already is making pro-tablished a special register of white-come will presumably slump for the 8759-Black oryer-and-hly-lass
collared unemployed men largely time being-after the World War it drawn from small-sized firms and took the country five years to re- unable to function 100 per cent. in cover its 1913 national income. the war machine.
of
found changes in business and industrial life in Britain.
Few Englishmen any longer re- peat H. G. Wells' gloomy prediction that another great war means the end of civilization. But Iots them, especially small business men, are beginning to get the impression from the trade and financial press that the war's end will see the end of their easy-going money-making ways.
raw
Unlike France, Britain has not yet tackled whola-heartedly the pro- THE Government will end-the war with enormous powers to blem of inflation. Something has
and supplics been done to peg prices, but nothing regulate to peg wages.
materials, to control prices and wages and to en- The Board of Trade has been rents and
the courage agriculture or any in- working day and night to find
on dustry. new cost of living index based
family several hundred-thousand
They already see signs Britain is becoming highly "bureaucratized," with big industrial concerns dictat- budgets. Some quarters believe
Cicely Courtneldge & Jack Hulbert. ..Courtneidge & Hulbert. Maxine Sullivan.
B8864-Together agalu
If you want to dance, B8865-Keep it under your hat
The Empire depends on you.
It was C2888-The riddle scene .........
The German Commissionaire. C2894-Balalaika, Selection...
Selection C3097-Dancing Years. C2857-Maidens of Cadiz
Serenade. (Moszkowski), 12298-Blue Danube, Waltz
Vienna Blood, C2100-8aschinka. Russian gipsy Bongs -DB3086-Hungarian Rhapsody. No. 2
Leslie Henson & Fred Emney,
.New Mayfair Orch. Drury Lane Theatre Orch. Miliza Korjus.
..De Groot & Orch.
Marck Weber & Orch. Philadelphia Orch.
under Leopold Stokowsky,
TSANG FOOK PIANO COMPANY
No government willingly surren- MARİNA HOUSE ing policy and small concerns sign-when the. new index appears the ders power, especially when the ing innumerable questionnaires on national government will announce parties opposing it lack punch and the dotted line.
war
The
effort
Britain's en gigantic scale requires big units, and already the tendency in to make big companies bigger and small companies red-taped and ciplined as never before.
dis-
It is not generally realised that Britain, unlike the United States, thus far has been the stronghold of small and medium-sized com- panles, of which there are some 1,800,000 to place the imprint "Made in Britain" upon goods shipped to every corner of the world.
For one Lancashire Cotton Cor- poration the world's largest cotton spinning company-there are 400 small cotton spinners.
Ia chemicals, alongside the levia- than 77,000,000-sterling Imperial Chemical Industries, there swim fearlessly n school of independent concerns some 300 strong.
a wage policy,
BANKS
THE CHARTERED BANK OF INDIA, AUSTRALIA & CIUINA. Incorporated by Boyal Charter 1853
Paid-up Capita) ***** .....000.000 Reserve Liability of Proprietors £1,000,000 .... #3,000,000 Reserve Fund
HEAD OFFICE-LONDON. 38 Bishopsgate, B.C.L. Sub-Agencies in London: 117/122, Leadenhall Streel. E.C.J. West End Branch: 14/19, Cockspur Street, B.W.L. Manchester Branch:
52, Mosley Street, Manchester, 2. AGENCIES AND BRANCHES1
Harbin
Rangoon Alor Star
Hongkong Baldon Ipoh
Amrilaar
Bangkok Elatavia
Bombay Calcutta
Lumpur Kuching Madras Manila
Karachi
Street Patrila Piace Hankow Cinton
Cebu Colombo Dethl
Kiang Kabe Kuain
New York
Palping
(Poking)
Penang
Disputing the 10 major groups in Iron and steel are still several hun- dred Independents who never have Cawnpore inflated their capital, never went bankrupt and can still turn out steel. cheaper than many of the big fellows.
mer.
Handling the small outputs of these countless independents are hundreds of thousands of chants-the cotton Industry alone haa 1,700 Arms as producers and 2,300 firms as merchants.
THE first impact of war has
DA
72.
dents and merchants "on the spot."
Medan
Semarang Beremban Shanghai Singapore Sitiawan Fourabaya
Taiping Tenisin Tongkah
(Tihuket) Tsingtao Zokohama
General
Haiphong ilamburd
FOREIGN EXCHANGE and Banking Business transacted.
ACCOUNTS opened and CURRENT FIXED DEPOSITS received for One Year or shorter periods in Local or Other Cur renetes at rates which will be quated on apipilcation.
SAVINGS ACCOUNTS also opened in Ineal Currency and Sterling with interest allowed at rates obtainshle an application
Head The Bank's
Offer In London undertakes Executor & Trustee business and claims recovery of British Income Tax overpaid, on term which may be
Branches,
been to place both indepen-ascertained at any of its Agencies and
R. A. CAMINAR,
Dinninger.
drive. Hence it is difficult to be- lieve this government will surrender any powers likely to be useful in checking a decline of national in- come or keeping labour costs low enough to permit post-war trade Idrives.
The English easy-going charac- ter is presumed not to have changed, but English problems will have vast- changed when this war ends.
ly
..
Thus present indications are that something resembling a "cor. perative state" under big business control is for more probable at the end of this war than restoration of the easy-going, tolerant regime which followed the last great
war.
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.
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PHONE 24040.
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