1920-02-21 — Page 8

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LEVY ON CAPITAL

MR. HICKENS" PROPOSALY.

Ca

Tolophon. 29.

THE CHINA MAIL.`

IDEALIST AMONG

POLITICIANS.

A

2 sermon on any

of

GONE FOR KEEPS.

BY WALT MASON.

VIJESTER AN THE HOTELS.

HONGKONG HOTEL

February 18.

Anderson

Benson

Camden

Mrs M. Lawson

M: H. E. Malin

J. L Mather Hr A.Matthews

bocker

Missed E&M. Hal-

lon

Mrs F. Mooney

Mr and Mrs W. F.

Neeson

Mr E. A. Nelson Mr W. T. Nolting

Mrs A. Paterson:

T.Mr Nopper

Mr. John Maynard 'Keynes, whe

Most things come back that go was the official representative of the British Treasury at the Fence Con-away: our ship comes sailing to its

shore; the blooming fewer come. D. Abraham ference, has written a book entitled back in May, the bird to its accustom. Me and Mrs B. G.Mima. Leiria,

Mr M. H. Login "The Economic Consequences of the ed spray, but money burned cames Peace" In which he draws rather a back no more. Oh, often, when old age Mr. W. Anderson Mr W. H. Lune

Atkinson

MacGregor different picture of Président Wilson is here, the man of sorrow walks the Mr and Mrs P. H.Mr and Mrs J. §. floor, and thinks of joys that cost him.

Mr J. Barr

Dr G. W. Macken from that on which the world has 30 dear, of spendthrift coursen, year by Commodors. L. D.Er & Mrs 0. Gordon.

Baumont

Mackie far gazed. From some notes on year, but money burned comes back no Mr. Keynes' book in the Cambridge more. To think of chances large Mrs E. R. Balilice Mr E W. MacLeon

he wasted, makes the bir V. Benjamin and Dr O. Marriott

Mr C. W. Martyr Magazine it appears that in Mr. and fine

servant dotard sore; had he put down bis Keynes' opinion, President Wilso coin in brine he might possess his rand Mrs C. H.Mr & Mr J. Martin so far from being a philosopher-tree and vine, but money burned Mr & Mrs S. Bisnes king, is a man of a temperament comes back no more. Oid thoughts Mr E. R. Boericko

Mr and Mrs. J. W. essentially theological, conforming come back to break his heart, old Mrs. V. H. Fond

Mrs L. McE15807 infant closely to the type of the Presbyterian memories of days of yore, when her J. de Boy and McCabe Minister. The President, according forsook the shop or mart to joyride

Mr Mrs J.M. Brady Krand Mr T. KE. to Mr. Keynes, had thought out in a mortgaged cart, but money Mrs. B. M. Brumner Meinns nothing. "He had no plan, na burned comes back no more Andrs A. B. Bremner Mr R. McKnicker- scheme, so constructive idea what there were gay enamel maids. who kir G. B, Brova ever for clothing with the flesh of helped him blow hoty store; Mr H. J. Brett

come back, from Mrs. B. Brocme

L. Broxitread life the commandments which he their formig bad thundered from the Whiteout the shades, and march along MFC: W. A. Bums House He could have preached in dim parades, but money burned Mr A. E. Burns. them comes back no more. There's noth ML. H. Barr or have addressed a stately prayering sadder neath the sky than seeing Miss 4.. Y. Bust to the Almighty for their fulfilment, one whose head is hoar bewailing Misses 4 and but he could not frame their con roubles he made fly, recalling chan. Capt. B. J. Carter crete application to the actual state with a sigh; and money burned Mes B. B. Plunkett of Europe.. What chance comes back no more. So let us could such a man have against Mr. from the weekly wage salt down Lloyd George's unerring, almost nine planks, perchance a score; then mediumlike, sensibility to everyone we'll enjoy our green old age, if we immediately round him? To see still loiter on the stage; but money the British Prime Minister watching burned comes back no more. the company, with six or seven senses not available to ordinary men.. "I feel strongly that the Govern was to realise that the poor President ment should have appointed, before would be playing blind man's buff in the last Budget was introduced, that party." In such an atmosphere strong Royal Commission to inquire the flower of the President's faith into the whale incidence of existing withered and dried up. He counter- taxation and the question of what new manded the George Washington taxes could be imposed. It is true that which in a moment of well-founded Commission on Income Tax is now rage he had ordered to carry him altting, but that deals with only one back from the treacherous halla aspect of the subject. It has been of Paris. He compromised and usual in the past for the Chan once he stepped down to the intimate manu-cellor of the Exchequer to pro equality, of the four the game was duce certain cut-and-dried proposals up. According to Mr. Keynes, te in regard to taxation to which, ipso was at last reduced to learning to A permanent excess profits duty facto, be commits the Government, speak the "different moral language" The appointment of a Royal Com-but which have never been fully and which he had so loftily repudiated.

mission to inquire into the in-publicly discussed. How much better that the various alternatives should cidence of taxation.

have been thrashed out so that they couldbe in the Chancellor's mind when he made his Budget, and provide the data for criticism in the House of Commons.

In the House of Commons recently, the Chancellor of the Exchequer opposed a levy on capital as being against the interests of the nation, as an unfair allocation of burdens and an encouragement of individual extravagance and a deterrent to saving.

In the article below Mr. W. L. Hichens, one of the great captains of British industry, announces his con- version to the ides, and declares that in the national emergency the capitalist has the capacity to pay and should be asked to do so.

Mr. Hickens, who is chairman of Cammell, Laird and Co., the great firm of shipbuliders, steel facturers, etc, advocates.

A capital levy.

He explains his financial-pro Framme, in the following statement to the Daily News:

"My reason for favouring a general levy on capital is that the Enancial position of the country, as now revealed, is so grave as to make it absolutely essential that the basis ⚫f taxation should be broadened in every possible way. From the Chancellor of the Exchequer's Budget statement I gathered that we should get through on the present income-tax plus the proceeds of the Victory Loan. The Victory Loan,

on a sliding scale after the manner af the imposition of the supertax.

Following on these two measures it seems to me that the relation of direct to indirect taxation calls for careful reconsideration. Direct taxa tion has increased by leaps and bourds since the beginning of the war, and is now out of all proportion to in direct taxation.

THE NEED OF INQUIRY..

"Finally, of course, the essential thing is that the Government should make up its mind to live in future within its income.

First discover the maximum income that can be raised and then steadfastly adhere to this basis of expenditure."

however, proved hopelessly inad-SHALL WE SCRAP OUR

equate and it is new extremely doubtful if the surplus requirements in excess of revenue can be met by ay new loan unless it is a forced loan. The only ways of escape that I can see are a levy on capital or a further inflation of the currency by. note issues, and the latter method would, I am sure be a serious blunder,

THE PRESSING NERD.

CITIES AND INDUSTRIES.

DEAN ON EUROPEAN RUIN.

GO BACK TO PRIMITIVE LIFE! Is Europe in danger of plunging back into a period comparable to that which existed in the Dark Ages after

the conditions of urban life.. It used to be supposed that the basis of their discontent was economic, but this view is no longer tenable..

CHURCH SERVICES.

** IT. JOHN'S CATHEDRIE.

Roxazon February 92nd 1920. 1ST SUNDAY IN LENT.

"

Holy Communien (7.50 a.m.)

fatios (11 m.) Responses, Ferial: Venito. Dyce; Psalmi, Falton (10th morning); fe Doom. Onkeley, in F(15th evening) Benedictus, Troatboek. Hymas, 89, 283.

Sa enfold Amen.

Respont: Ferial: Frsims, Parcell (1st evening); Turle, (8th evening); Stainer, (90th evening); Magnifiest, Barnby

Nunc Dimittis, Poland, (22nd morning). Hymas, 187, (2nd tune) 87 (168) 84 (108)..

Sevenfold Amcu.

St. Andrew's Church, Kowloon.

22ND FEBRUARY, 1920.—1st Sunday 11 LENT.

The human race has been for un- told thousands of years a race of tillers of the soil, of hunters, and et fighters. These are the occupations for which our organisms are adapted, and we are not acclimatised to any! other. Those who have made in quiries among workers find that al-Holy Communion at Midday.

Morning Prayer at 11 am. most without exception they dislike Opening, Voluntary Responses, Ferial; their work exactly in proportion as it approaches the conditions of the great industry. Craftamen who are allowed to take their time in devis ing and producing anything beautiful or ingenious enjoy their work. A man would enjoy making a pair of boots if he was allowed to make them all by himself.

NATURAL LIFE

Farmers, gardeners, shepherds

Even many

soldiers enjoy their life of danger and

Venice, As Set Palm, LI-As Set Te Deum St. Jude; Jubilate, Luseley Kyrie, Mendelssohn Hymn * 142, 181, 442.. Evening Prayer at 6 pm.

Opening Voluntary; Responses, Ferial; Palms, XXX-Alternative Chant; CX-As Set; Magnificat, Baby-11th Evening: Nanc Dimittis, Moak; Hymne, 382, 140, 180,

Vesper Hyms. Concluding Voluntary,

Sunday, February 15.

Cole

Mr FW Cax MJ, W. Crossland

Mr N. Croucher

W. G. Crokam

Mr J. A. Debbie

Mr SS. Ferry Mr D. R. Powrie HrE. H. Bay Mr F. E.. Rhodes

Mr LC. Parker

Rese

Mrs C.O. Fark

Mr A. R. Richard

·Mrs G⋅ Doolittle Mr Rodenfuser

Mr and Mrs

Capt. P. E. DouglasMr and Mrs A. E. att W. A. Dowley Enyec Mr Fred. Elias Mr and Mrs H.

Epatria

M. Schofield

Mr G. Enlund M M. G. Evana. Capt. 8. P. Ferguson Mr H. R. Franz. Lt. W. B. Fraser

Dr D. M. Feler Mr J. 8. Chardiner

Capt. T. F. Hall

"Me C. W. Smith - Mr A. W. Spiera Mr H. Stephens Mrs Harry Stephens My W, Swaan Mr K. Takahashi Miss E. M. Taylor Hra L Taylor and

children

Mis A. Baxter Hal-Mr & Mrs O. P..

lott

Mr G. Harper

Templeton

Mr & Mrs W. Toska Mr & Mrs Vraden-

Mr A.J. Hayin burgh

Capt. & Mrs R. 8.

H.Henderson, R.N.Mr & Mrs F. Walker Master enderson Mr and Mrs T. D

Waterbary Mr F. Holroyd Mrs. E. Howe Mr and Mrs J. E. Mr RE Humphreys Mr H. L. Hunt Capt. and Mr

Innes

Mrs. 5. B. Jones. Mr E. M. Joseph

Mr W. G. Joseph

Williams

"Mr 8. T. Wül

R Mr G.A. N. Williams

Mrs. Woods

Misa Aileen Woods.

Miss Doria: Woode

Mr and Mrs E H.

Mr & Mrs R. Kewley Wright Mr and M Lauritson

PERK HOTEL'

18th February. Mr F. R. J. Adama Mr. B. C.- Kaspersen

Mr A. Laing, Capt. Archer

MrT. B. Lamburn Mr J.de B. Lastnator Mrs Laurie Mr T. D. Lloyd Mr F. Latton Mrs McAinen Mr J. Finlay Miller Mr & Men W.J, Milne JCapt. Monteith

ME. N. Parsons

Mr & Mrs D. Arthu Mr & Mrs Ashton It. R. Bartlett Mr R. Blacking Mr T. P. M. Beran Mr and Mrs D. K.

Blair

Mr D. II. Blake

Major and Mrs F.

Boxen Misses Bowen

Mr J.-H. Boylan

Breakapoar

Mr M. F. Breen

1

Mr and Mrs Berry

+

Lt. Col. & MrThors-

by Pelham

Peoman

Mr T. L. Ferring Miss Philips

"It is quite true that many cases the fall of the Roman Empire? This have the happiness of perfect health St. Peter's Church, Wast Point. Mr. and Mrs U, T. Mr and Mrs J. B of injustice will probably arise if a is one of the arresting questions in a life which suits the natural cun- levy is made on capital, yet I think suggested by Dr. Inge. Dean of Ststitution of a man. this objection must be overridden in Paul's iri a remarkable sermon at 5 discomfort on active service, but the 11 a.m.-Morning Prayer and Bermen. ↑ Mrs C. Bull

Margaret's, Westminster, on Noveur- factory hand dislike his work, and dislikes it in propertion as he is sub- ber 20.

jected to the extreme specialisation and machine-like motions of up-to- date industry.

view of the national emergency. The money required must be raised on the basis of capacity to pay, and there is no doubt in my mind that the capitalist has a capacity which must be enlisted.

One of the most pressing needs of the moment is the deflation of the currency, and I can see no more effective way of bringing this about than by a capital levy, provided that

the proceeds are earmarked for the reduction of debt.

"Such a policy would also have the advantage of making Labour feel that an honest attempt was being made to see that those who have the money contribute their proper share towards the cost of the war.

44

The dean spoke of the decay of ballet box democracy," suggested that the source of unrest 18 not poverty but a natural human dislike of industrial work under existing conditions, and asked whether we shall have to disperse our great cities and go back to the land. The fol- towing are leading passages from the sermon:→→→

I think the opinion is growing among thoughtful people that the social order of Western civilisation

8 Boly Communion." Preacher Rav. G. T. WaldegravB.

Poak Church.

8.15 am.Holy Communion. 4.30 Evening Service.

If this psychological explanation of unrest is right-and it is a chart- table view to take of those who are trying to bleed us to death-we are faced with a terrible "dilemma. On (Opp.

the one side it looks as if the whole of our industrial civilisation was based on a mistake, a mistake about human nature the one thing we has received a mortal wound in the cannot alter. It looks as if Plato and late war. I do not mean that the Ruskin were right, when they argued leading nations of the world are that the wealth that comes from decadent, but our social order has, I trade is morally poisonous, and that As for the difficulty of assessing believe, been ruined, just as the we ought to go back to being a capital wealth, I think it can best be feudal barons in England destroyed simple agricultural country.

It is certain that the wealth and met by requiring a return from themselves in the Wars of the Roses, every citizen, under penalty of a heavy fine for mis-statement. You credit of the great, Powers can never have got first of all, in a matter like be re-established in our lifetime. To this, to appeal to the public spirit of put the matter in its least unpleasant the people, and I believe that if that form, we could not embark on is done the vast majority will act another European war, honestly towards the community,

WAR FORTUNES.

great the provocation.

however

if these prophets are right, nothing will put an end to social discontent except the destruction of our great cities and our great industries. What is to become of the dense population which our great industries called into being in the past century? They could not live in an agricultural state Here is a gigantic problem for which no one has any solution.

The Gospel Kall 10&12 FEDDXa Barat.

ya

Lt. P. R. Butler

Mr & Mrs A. Piercy. Capt: 0. M. Piett Mr W. A. Batter Capt O. M. pitt

Beld

Mr and Mrs. 3. K. Mr & Mrs A. Button Pittendrigh Mr B. A. Camidge Mr E B. Potte Capt. E. J. Caroll Mr E. Ralpba Mr G. F. Cavile Mr E. A. Ham Mrs W, H. CheshireMr &. B. Baworth Mr H. Cheatham Mr G.. B. Reed

Lt-Cal E. Coles Mr D. Raid Mr R. C. Comrie Mr W, E. Roberts Mra Cormack Major & Mrs Sanders Mr and Mrs J. E.

Bayer W. Mr.Bearborough Mr and Mrs Sciat

Hongkong Hotel)-Sunday. Mr. O. W. Darch Breaking of Bread. 11 a.m.; Chinese Kr L. J. Davies Gospel Meating, 1.30 p.m.; English

Eug.-Comdr Speaking Gospel Meeting, p.sce

Dawson Tuesday Bible Study, 5.30 p. Lt. Col., Hra & MissDe de Mr B. Scot Thursday Bible Study, 8pm: Fri day Ladies Bible Study, 5.80 p.m.; Faturday Prayer Meeting, 7 pm.

First Church of Christ Balentist,

MacDonnell Rond.

Sundays, 11.15 am. Wednesdays, 5.30 p.m.

Wasleyan Methodist Churak, Tenohat

"

SUNDAY, 2nd February 1930. Morning Service, 10.15 8.30/ Evening Service, 6 pm. Preacher Rev. C. W. Andrews.

Holdiers' and Ballers' Hame, Arianal Street.

...

Sacrament

Delscombe Lt. U. Booit Mr U. G. E. Draitt Mis überwin Mr & Mr JohnMr and Mrs Shiner

Darcan

Miss Skinner.

Mr & Mrs Esger Me & Mrs L Grant MrG. E. Eliott Mr A.D. Galloway

-L.-Col. Gritish

Mr H. L. Grout

Smith

M: A. Findlay Smita

Maj. Leslie Binith

MW. H. Smith

Mr and Ms B. &.Mr & MissStabtings

Hals Mr D. Hall

SATURDAY. FEBRUARY 81, 1990.

NOTICES.

DAIRY FARM NEWS.

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BOXING CLASSES IN

LOCAL SCHOOLS.

The inclusion of boxing in the curriculum of the local Government schools is a matter which is receiving

REMINGTON

Me and Mrs S. 3. the attention of those concerned and SELF-STARTER

Syzett

Mrs B. H. C. Hal-Capt. & Mrs Tomary opinion in favour of holding boxing

lowes

Mr M. H. Turner

classes is practically unanimous. Once Major D. L. HardingMaj. Gen. F. Ventris the matter is decided the question of

G. T. Mr and Mrs Holling Rev.

sworth

Waldegrave Mr. H. Bolling. Maj.&Mrs Wakeman

wor b

suitable instructors comes up and per. well to would be as haps it Hr A Wilkinson Mr H. da F. Hutchi-Mr P. D. Wilson Mr B. Wilson. MrEW. Lee Jones

NIKG EDWARD HOTEL

Mez B. Almond Capt. K: Larsson Mr M. Anschau Mr M. Mannk Mr B. O. Augustine Miss Mazuk Mr. F. G. Becko Mr W. A. Marcom

Mr. J. E. Mody

Mr RG. Coomen

Mr & Mrs Molino

Mr W. Mordey

Mr T. B. Colbase

TWO MOVEMENTS, But, besides this, the war has prc»! "On the other hand, a capital levy

VAST PROBLEMS. on war profits alone, or especially, cipitated two movements which were

Surely it is plain that the twen. strikes me as unjust and imprar already far advanced before it began. tirable. Parliament decided at the One of these is the decay of repre- tieth century will be the most diff beginning of the war against the sentation government, of ballot-box cult and dangerous time since the confiscation of the whole of the pro-democracy. This much-lauded sys downfall of the Roman Empire. We Sunday Erming, Gospel Meeting & pam fits due to the war, on the ground tem has never been much of a reality. are confronted with three apparently

Roman Catholic Usthedral,

Glezsály: that the incentive of profit was, if we read a good history of the insolvable problems-economic, poli- necessary political struggles which began on tical, and social. Failure to solve however, regrettably, a factor in largely increased produce the accession of James L and went any of them may plunge us back tion. It would be unjust to go back on till within our own memories, we into the Dark Ages. It is an age Mass at 6, 7 and 9.30 1.307 on what has been done, and, more shall see that the Commons were all which calls for seers, for heroes, for High Mass at 6.3.m over, from the point of view of the time striving to make themselves martyrs. It must be an age of pro- 1.31 pm-Benediction of the Blessed Mr & Mrs W. Budge

no independent not only of the Crown longed tension, anxiety, and, for capacity to pay there is.

many, of intense suffering. Probably strong reason for supposing that but of the constituencies.

Iesa The shert golden age of Parlament it will also be an age of bitter pas pre-war capitalist is able to pay than the war, profiteer was in the interval after they had sions and terrible crimes, but we Instead of a special war profits won, the first of these battles and ought not to shrink or despair when levy I would propose a permanent before they had lost the second. we remember the splendid qualities excess profits duty. The old duty Since then there has been a steady loss which the war called out in almost was obviously only a temporary of power and dignity in the Lower all parts of the population.

Cannot we help to set a new measure, but the experience gained House, a transference of all respon-

Miss Hammer makes it easy to see how a permanent sibility to the Cabinet, a sense of un- example of frugality, making plain reality in the debates and finally the living and simplicity in dress, eating, messure could be worked.".

Mr A. Harrison "The basis of a permanent excem degradation of government into an and drinking a mark of good breed THEY MAKE YOU FEEL GOOD. Master O. Hammes

ienced after thing Chamberlain's profits duty should be, I think, a instrument for collecting and paying ing? Even among the new privileged pleasant pargative affect ezper Mr J. Hsynen Mr P. Hocken classes gross and vulgar expenditure Tablets and the healthy condition of Mr. James standard-rate of interest for each blackmail tu turbulent factions.

The third great problem, besides may come to be unfashionable. I body and mind to which they contribute MA Johnston trade varying in accordance with the speculative nature of the trade and the economic and political chaos, do not shrink from saying that we makes one feel that living is worth Mrs. Johnston etker considerations Any profita that the mass of our own town badly need a new revival of the bile For sale by all Chemists and r F Jr de Kand

Esirskeopore beyond this standard should be taxed population is actually dissatisfied with Puritan temper

the

St. Joseph's Gliardi, Garden Readi

Mast and Bermen at 10 am. followed

Sacrament.

by the Benediction of the Blessed

Mr G. P. Curry

Mr T. Dallin Mr J. D. Danby Mr P. I. Farrell Miss Farrall Mr S. W. Farrer, Mr. A. Fry Mr and Mrs C.

Hammas

Mr W., Paszmo

Mrs L. M. Pesca **

Mrs A. Roberts." Mr E Rush

TYPEWRITER

remind the authorities that there is is the most important.

an able man in the person of Ser- geast"Kid" Marriott of the Naval

Yard Police. Marriot has a splendid time and labour-saving

record in boxing circles in the Colony.

He has fought more than forty bouts

of which he has lost four only, two at which were to Iron" Bux

feature ever placed on

to whom, as a matter of fact the Marriot was the first instructor. He

was also sparring partner to Sammy Newman, Billy Bellew and Bill Lewis, three of the best welterweights that have fought in Hongkong. He is Mr T. J, Rentonboxing Instructer to the V.R.C. and. Me and Mrs C E. the Seamen's Institute. He was Richardson also one of the first instructors to Maher, the present amater, lightweight champion of the Colony. Marriott is prepared to accept appointments as boxing in structor, including lessons in club swinging, ball punching, single sticka and the art of self defence generally,| and fe would appear that if boxing is to be introduced into the local schools the efficient zuidion Marriott is able to impart should not be overlooked."

J. Dr. B. Bonas

Dr L'O. Spillane Mr Stewart and

children MAF. Taylor.

Mr E. O. Todd Mr and Mrs Upde

wood

Mr. G. E. Wolton Me W/J. Ziegler

correspondence

Typewriter.

MUSTARD & ̈00.

17, Connaught Road, Centrali Tel. No. 1186.

WALLA WALLA" MOTOR be

are built for your service,