1938-04-11 — Page 10

e10

For

quality

ATS

AERATED WATERS

Jet

the standard of perfection

COINTREAU

THE CRYSTAL CLEAR LIQUEUR

SPRATT

THE SURE WAY OF BUILDING

SPRATTS FAMED FOODS ARE

STORES AND COM

DOG

INABLE AT ALL ORES

Sole Agents. R. Loxley & Co. (China), Ltd., Hong Kong.

THE CHINA MAIL, APRIL 11, 1938.

rearm without actually denying ther obligations not to rearm. It of course can logical compro- whole, not an

the cir othing better could

cumstances

Wyndham Street, Hong Kong, be expected-

Telephone 20022.

London Office: **

Garrick Street, London, W.6.2

Notice To Contributors.

The Budget

Immediately after the Easter Sir John Simon will in- first Budget as Chan-

cellor of the Exchequer, with the task before him of raising some-

All communications intended for how a round thousand million

lication should be addresse

the Editor, and be accompanied by

the Writer's Name and Address,

not necessarily for insertion

as a guarantee of good faith.

Subscription Bates.

3 Months

H.KS 9.00

but

no

sterling Were the figure greater nor no less, it would lend dráma to the presentation." Most people are a little fluttered by round numbers. There is ap- parently some thrill in hearing that an individual is “worth a million," and when it comes to State expenditure we are guilty of a queer kind of pride when the figures are "round" enough. Just now that pride is being fully gratified. Estimates of the cost of rearmament at over the original £1,500,000,000, the statement that this year's total expenditure may come nea the $1,000,000,000 mark, Air Es timates of $100,000,000 these things make us see stars, if we may use the “astronomical” fig ure common nowadays. How immense we thought it when in the eighteen-nineties expenditure topped the £100,000,000. Mr. Gladstone might murmur "Bed- Memorial Hospital, Sunday, lam over Estimates which: 10th April, 1938, wife of T.-L.. Bell, a daughter.

6 Months

One Year

HK$18.00

FLK:$36.00

Postage Abroad Extra

BIRTH

BELL To Maria, at the

Hong Kong, Monday, April 11,

Alice

1938.

THOSE TREATIES

were well

below the $100- 000,000 m 1983-4; Harcourt might rage at the extortion of "the admirals” and the necessity of raising £93,000,000 for all purposes in 1894-5, but the South African War taught us something new. It seems a long time now since Conserva- The announcement, almost co-tives grumbled at the frenzied inciding with the plebiscite in finance of the Lloyd George Social Greater Germany, that Hungary Service years, but even so the is to raise a special fund for year before the war just failed defence purposes and "realise

to touch the £200,000,000 mark military equality," will cause no which was to be the ruin of the surprise. It is difficult, indeed. nation. Mr. Pitt has been called these days to remember that a profuse War: Minister, and certain nations are still bound between 1793, and 1801 his sys- by treaty to restrict their militem of making war by loans in- tary forces and armaments. The creased the debt by $334,000,000. peace treaties imposed one-sided How vast a sum it seemed then; disarmament on Germany's allies just now it is perhaps three in Europe as well as on Ger- months expenditure in time of many, Austria, Hungary, and peace

Bulgaria, by the treaties of St.

Germain, Trianon, and Neuilly,

were all forbidden conscription

and an air force among other A Point Of Defence restrictions. Their right to

"equality" was recognised in

The vital

theory" by the Disarmament stora

Conference together with that tam's

of Germany, but nothing came of preparation it; and when Germany finally re-points of a

food

adequate

were the main

h which Sir Ar-

pudiated the disarmament clausesthur Salter delivered to the Lon- of the Versailles Treaty Austria, don Chamber of Commer Hungary, and Bulgaria did not cently The situation in which follow her example. They did the British Isles would be placed not, however, forget their claim during a war, producing but a to equality, but acted increasing quarter of the food consumed, It ly as though this claim had been would, he says, be grave,

in granted In April, 1936, Auswould be worse than it was tria introduced "compulsory ser- 1914, for the population is great- vice" which was, in everything er and the mercantile marine but name, conscription Bulgaria smaller. Sir Arthur's proposal is had introduced compulsory "lab-that storage should be increased food value. our service" some time before. until it equals in The Governmæænts of the Little a Entente protested, but chiefly, In fas a matter of form. In Novem

ber

the

ence of the

of the Rom

Italy, Austria,

ed the right

maments”

the treaties conference.

same Powers repeated this.

position now is th Hungary asserts her right to

by

the

of air