1938-04-25 — Page 10

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reign capitalist ga technician-Some rouse on the "oil dispute may still be possible, but at best the companies will have to reckon with a perpetually easy

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creasing encroachments by Gor- ernment on their operation.. It is not a pleasant prospect for the investor in Mexican undertakings, but it is not one about which out- side Governments can do much. The days when, at the call of the

Garrick Street, London, W.C.2 oil interests an American gun-

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Hong Kong, Monday, April 25, 1938.

MEXICAN OIL

For all the criticisms of Mr. Neville Chamberlain, and we con- fess to responsibility for some of them, it has to be admitted that the Prime Minister is philosopher. On his 69th birthday recently, he was the guest of the Press Gal- lery in the House of Commons and it was a distinctly brave oc- casion, for neither Mr. Chamber- lam nor Mr. Guy Eden, the chair- inan, let the shadow of events spoil anyone's pleasure. Mr. Eden gave Mr. Chamberlain as a birthday present a case of fishing flies and some sound advice. He hit the mark well when he said of the Prime Minister: “We like you because you still blink a little in the limelight.”

Mr. Chamberlain's reply prov Britain continues to argue oiled him to be something of a phi- concessions with the Mexican losopher. He has been consider- Government but of the least signing the age at which a Minister of advance towards a settlement should enter the Cabinet, and he there is none President Car- commended a "Chinese" proverb denas acts confidently in the one decrepit camel still bears knowledge that Britain will not the burden of many asses. He be backed up in her line of action added some wise words about the value of free speech and the free by the United States, and ex- changes of Notes, in such circum-Press. stances, merely represent another stage in a long controversy.

There is, of course, plenty of jus-

tice on Britain's side, but Mexico Britain's Drink Bill has apparently learned from

Europe that direct action can at The analysis which the United times prove more effective than Kingdom Alliance makes every justice. The problem, however, year of Britain's drink bill and is rather one of adjustment than its consequences is not light or of overcoming a designed expro cheerful reading, but it has its priation,

points of interest. That the peo- Before April 30th, collect 50 Kings Gate Following on the strike of last ple of the British Isles consumed cigarette tin labels fill in coupon clearly, year there was

vagantly during last year 24,588,000 bulke and send to GILMAN & CO., LTD. Cigarette liberal wa

upheld barrels of beer at a cost of Dept., da, Des Voeux Road., C., Hong Kong against the companies by the £162,280,000 is a prodigious and

Mexican Federal Labour Board to many minds a damnatory fact The first 75 entrants fulfilling these and (on March 1) by the Mexi- When this huge luxury expendi- conditions will receive an order for 1 flight can Supreme Court. The com-ture is divided out between the of 15 minutes. With the co-operation of the panies had all along protested individuals of the population it CNAC-these flights will be given in one CONDITIONS of their modern Douglas air liners which that the award would wipe out does not look so bad, the exper- all their profits. Negotiations diture per head on all forms of are daily covering all parts of China. Flights took place in March for a com- alcohol being 5 12s. 6d. But it will take place in May. Prize winners will be promise, but they failed, and has to be remembered that a notifed of date and time of flights, which since the companies had not large part of the population is will be made as general conditions permit. fulfilled the obligations laid on made up of abstamers, so that the

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them the Government exercised average annual bill of the people its legal powers to take them who take alcohol is considerably over. The Mexican Government larger than £5 12s. 6d. Some has probably no desire to at- figures quoted from the report of tempt to work the undertakings, the Chief Constable of Brighton even if it could do so at a profit; give a more personal tone to the the companies have no desire to subject. In Brighton an at- leave the Mexican oilfields in tempt was made to ascertain from which so much of their capital those convicted for drunker is tied up. But adjustment is in- why they had indulged to tensely difficult. It is by no Out of 328 8 the reason given means a simple economic dis- in 136

brating with pute but part of the struggle that friends," m 89 (very honestly) is going on in many fields be-habit, and in 52 "depression tween the Government and for and worry." Interesting figures eign capital. Or rather between are given of the profits made by the radical demands of Labour, the brewing and allied trades. which the Government supports. The total for last year was and the foreign concerns. The £28,500,000, the highest

trend in Mexico is all towards in 1913.