Tuesday,
HONGKONG TELEGRAPH
·
March 12, 1940.
BRITAIN AT WAR-New Exclusive Series of Articles
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
the radio sounds like "nasty."
Churchill is back on the same job he had 25 years ago, and his navy is successfully hunting U-Boats, "not without relish," with able assis-
HITLER IS LICKED
ON EVERY OCEAN
tance from the Royal Air Force.
The British conservatively estimate at least 40 U-boats have 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 récently 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.
If British claims are correct, Death of the Graf Spec con- trasted sharply in British important percentage
of
British factories are turning
M
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.
By Reuel
Moore
Each of the major industries is 1 The government already-as in placed under control of a small Germany-has large powers to almost exclusively from the big
out hundreds of planes, and officials estimate the production capacity by next month will be eyes with end of the British Germany's heavier units has eight times what it was when board whose personnel is drawn punish any employer who entices armed merchantman Rawal been destroyel or damaged be- the air expansion programme
yond
In contrast, the began five years ago. use, pindi, which went down in an, British cite losses of their mer- unequal struggle with the chant ships amounting to less Graf Spec's sister-ship Deutschland rather than sur total tonnage.
of their than three per cent. render,
The R.A.F. daily patrols the Other naval incidents regard-Atlantic, North Sea 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 six destroyers after braving guarding merchant convoys, 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 Sea coast Koln class.
watching for German mine- This exploit caused an admira!laying planies.
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units. These big units now have labour from another employer. In of fact the emergency powers act is so full access to the trade secrets small independents-name of cus-brond it might fairly be described A gigantic empire training tomers, former volume of business, as a complete fascist apparatus for
scheme in which Brilish, amounts of raw materials on hand Australian, New Zealand and--and the latter dare not "aquawk" duration of the war, if the govern- Canadian fliers will complete rince they are at the mercy of content has courage to use it. their training in Canada has al- trol boards which allocate supplies ready begun. The first British and dictate prices. pilots are expected to reach Canada this month.
The first Australian fllers are already in England.
Thus in iron, steel, aluminiunt and non-ferrous metals, in wool, cotton, [jute, hamp and linen, in leather, paper, timber, cereals, coconut oils Britons believe Germany has and cocoa these independents and not yet attempted on air "biltz their satellite merchants already krieg" against England at least have some reason to wonder if the! partly because British defenceswar has landed them in a "corpora
tive state." with Oghting planes and anti- nircraft batteries have showed a formilable ability to retaliate.
2
Naturally, their ultimate fate is unpredictable. But it is
note- worthy the government for "the"first" time in history has already es
WAR alrently is making pro-tablished a special register of while
found changes in business and industrial life in Britain.
Ubrary Supreme Court,
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The government, through the fejjj|||||||||||| Chancellor of Exchequer, Sir John Simon, has already hinted that labour must make sacrifices.
Nobody, not even the fiscal purists, worries much about the National Debt. The prevailing theory is that this does not seriously matter if national In- come is kept at a high level so as to reduce the burden of its an- nual interest-myments,-~-
When war ends, the national in-
come will presumably stamp for the 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.
Unlike France, Britain has not yet
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Few Englishmen any· longér re- pent II. G. Wells' gloomy prediction that another great war means the end of civilization. But lots of
tackled whole-heartedly the pro- THE Government will end the them, especially small business men,
blem of inflation. Something has war with enormous powers to are beginning to get the impression been done to peg prices, but nothing regulate
and supplics from the trade and financial presto peg wages.
materials, to control prices and that the war's end will see the end
wages and to en- of their easy-going money-making The Board of Trade has been rents and
working day and night to find the courage agriculture or any
on 'dustry. new cost of living index based They already see signs' Britain is becoming highly bureaucratized," several hundred-thousand family with big industrial concerns dictai-budgets. Some quarters believe ing policy and small concerns sign-when the new index appears the ing innumerable questionnaires on national government will announce
a wage policy.
ways.
the dotted Inc.
The war effort on Britain's gigantic scale requires big units, | and airendy the tendency is to make big companies bigger and small companies red-taped and dis- elplined as never before.
It is not generally realised that Britain, unlike the United States, thus far has been the stronghold of small and medium-sized com- panies, 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- paration--the world's largest cotton spinning company-there are 400 small cotton spinners.
BANKS
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter 185I Paid-up Capital ...... ......... £3,000,000 Reserve Liability of Proprietors 13,000,000 ... £3,000,000 Hezerve Fund .......
HEAD OFFICE! LONDON. 32 Bishopsgata. F.C.L. Bub-Agencies to Londont 117/122, Leadenhall Street, B.CA. West End Branch; 14/16, Cockapur Street, B.W.L Mancheiter Branch:
52, Mosley Street, Manchester,
· AGENCIES AND BRANCHES: ~
Tarbin Alor Star
-Rangoon Amritsar
Hongkong Balcon Ipoh Bangkok
Ilotto Karacht
Elatavia
In chemicals, alongside the lovin than 77,000,000-sterling Imperial Chemical Industries, there swim fearlessly a school of Independent Calcuti concerns some 300 strong.
Semarang
Seremban
Bombay
Agencies:
Clive Street
Klang
Koho
Kuala
Fairle Place Lumpur
Stankow Canton
Celu Columbo Dein!
Kuching Madras
Shanghal Singapore Sitlowon Raurabaya Taiping Tienisin Tongkah
Manila
Medan
New York
Paping
(Peking)
Penang
Disputing the 10 major groups in iron and steel are still several hun- dred independents who never have Cawnpore inflated their expital, never went bankrupt and can still turn out steel cheaper than many of the big fellows.
Handling the small outputs of these countless independents are hundreds of thousands of mer chants--the colton industry alone has 1,700 firms as producers and 2,300 firms as merchants.
THE first impact of war has
Thuket) Txingto
Yokohama
opened
Haiphong Hamburg
FOREIGN EXCHANGE and General Banking Bustness transacted.
CURRENT ACCOUNTS
and FIXED DEPOSITS received for One Year or shorter periods in Local of Diher Cur rencies at rates which will be quoted on application.
SAVINGS ACCOUNTS, she opened in Local Currency and Sterling with interest allowed at ratër phialnable on applicalina The Bank's Head Office in London undertakes Executor & Trustee busines and claims recovery of British Income Tax overpaid, on terms which may be
Branches,
been to place both indepen-ascertained at any of its Agencies and dents and merchants "on the spot,"
A CAMINOK,
Manager.
POPULAR FAVOURITES
ON
HIS MASTER'S VOICE
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TSANG FOOK PIANO COMPANY
in-
MARINA HOUSE
No government willingly surren- ders power, especially when the parties opposing it lack punch and drive. Hence it is difficult to be- Hove this government will surrender any powers Bkely to be useful in checking a decline of national In- come or keeping labour costs low enough to permit post-war trade driven.
The English easy-going charac- ter is presumed not to have changed, but English problems will have vast- ly changed when this war ends.
Thus present indications are that something resembling a "cor. porative state" under big business control is far 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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