1938-01-26 — Page 10

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THE CHINA MAIL, JANUARY 26, 1938.

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tion

trial and trading nations, can- ail to have any effect trans- cending the immediate e material benefits to the contracting part- les. It may be a trade treaty and no more but it will also set

an

eet, Hong Kong, timpressive example to the world fat large, and make a definite break in that vicious circle. of ext-lusiveness and :restriction which has do grievously crippled înternational trade and hindered recovery from post-war depres- 7, Garrick Street, London, W.C.2. sion. It may set flowing again

London Office:

Notice To Contributors.

the currents which have so long been obstructed by the fears and jealousies of an excessive nation- All communications intended for aliam, and help to re-establish a healthy circulation of the blood- publication should be addressed to stream of commerce. More even than that, its influence as an act the Editor, and be accompanied by of appeasement, not only by dif- fusing prosperity, but by increas-

the Writer's Name and Address, ing friendly intercourse, cannot

easily be exaggerated.

not necessarily for insertion

as a guarantee of good faith.

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but

It must not be forgotten, how- ever, that the actual conclusion of an Anglo-American trade agreement still remains only a contingency. The thing has been la subject of informal discussion

between the two Governments. for some months, and, as the President of the Board of Trade said at Liverpool on Monday, there are formidable difficulties to be overcome. That they will be overcome seems certain for it is to be presumed that those diffi- culties were seen to be not insur- mountable, given good will. The negotiations which begin early

Hong Kong, Wednesday, Jan. 26, 1998. next month are certain to be

ANGLO-AMERICAN

TRADE TREATY

prolonged,and Do agreem could be ready even for initiall- ing much before next mids mer; but it is of hopeful au that the preliminary diss have been brought to a sa

The political capital which has tory conclusion more rapidly than been made out of the prospect of had been anticipated. That an Anglo-American trade treaty shows that both sides are appears to have created some an- much in earnest, and in that xiety in official quarters in Wash-cumstance alone the negotia

present ington, hence the stress placed in will find themselves his Liverpool speech, by Mr with a very exceptional Oliver Stanley, that it is a com-tunity—an opportunity which mercial agreement which is be may not readily recur in a world ing negotiated and not a political where conditions and values are

unpredictably: pact. No attempt is made to apt to change pretend that political importance

is not to be found in a step which

denotes a common spirit of good-

will among the English-speaking Joking Permitted peoples. The fear is, presum-

ably, that should this angle be Funny men have never been given greater emphasis than is quite at ease with the B.B.C., for warranted by the facts as it the radio, like the printed word, has in many parts of Europe cannot convey a wink, a nudge, the hard work involved in pre-or a poke in the ribs to reassure paring the ground might be those whose sense of humour is the thrown against the suspicious limited. In consequence obstructiveness of America's ex-B.B.C., has suffered critics of its comedians, whatever their tone. treme isolationists.

It has been well put: It is a Alarmed citizens says the "Daily precept of political philosophy Telegraph," recently hastened to that the most effective way to complam when Father Ronald counteract an furious tendency Knox announced in that famous is to bring a wholesome one in mock news bulletin that competition with it. Both Brit fare hanging Mr. Winston Chur ain and the United States have chill from a lamppost în · Want An alarmed magistrátur good reason to view the world hall." scene with alarm and anxiety protested when a fanciful sketch Everywhere, democracy is sub was given of a fuddled and mud- Ject to attack: treaties are reck-dled J.P.

た

lessly torn up: world co-operation Life is certainly hard for has given way to nationalist ag-comedian, who must be neither wilto gression. Mr. Chamberlain and too broad hot too sharp,

the President Roosevelt in: pressing must abstain from personal on with proposals for a trade reflection, not less than from the deed, pact, do so principally with the national, reflection and, idea of demonstrating that there refrain from bringing

bringing any exist. are more ways of killing a cat ing institution, into ridicule. The than blasting it with cannons or very latest protest came from an drowning it in butter. For that association of civil servants, qut- reason alone, indications such as raged that their civility, should announcement of a further list be thought something rare and

which the United strange. It was not a very good

to admit at se which they disliked, but it luty, that

joke of sorts, and there wil trade treaty

hef that the B.B.C eltrer, i will be hearti ned on both sides of

An

rate

the world's

be

Hllowed to