1938-04-28 — Page 10

THE CHINA MAIL, APRIL 28, 1938.

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It is evident that, whether or not Sir John Simon is justly ac- cused of an exaggerated ortho-

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lor of the Exchequer has reveal- ed to the income tax payer's cost, that he does not treat Brit- All communications intended for ain's debt responsibilities lightly, publication should be addressed to he cannot escape the fact that the Editor, and de accompanied by he still is required to achieve his the Writer's Name and Address, paper balance by heavy borTOW- not necessarily for insertion but ing. That, however, is hardly the as a guarantee of good faith.

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THE BUDGET

Sir John Simon's first Budget has been described as frigid, or thodox and imaginative, which is another way of saying that? there is nothing in it to give plea- sure to a single section of the The Haldane Touch community. The friendliest com- ment is that it reveals the virtue

crease. Belief that this

-

Mr. Chamberlain's recent tri- of courage: and that is true bute to Sir Thomas Inskip and enough. More than average cour-his claim that the strategic cap- age was needed, following the

acity of the services had never discomfort created by Mr. Cham-been so great may have brought berlain's foreign policy, to add back to the minds of some of his further grounds for unpopularity hearers the name of the man to by new taxation levels hitting the public where they feel it most. whom we owed it that, even so late as 1914, any true strategic Close preservation of the secrets tuse of our forces was possible. of the budget must incidentally when Haldane went to the War- be accounted a factor in the shock Office at the end of 1905 to my- provided by the income tax in-stify the officers there by telling means them that his aim was to make an of raising additional revenueHegelian Army," we had not would be avoided had been care single division" (as he re- fully built up and the sharp des-cords in his autobiography) truction of an illusion of safety which was a reality. Moreover, accounts partially for the bad re-the brigades, such as they were, ception.

wholly lacked accessories without To Sir John Simon sympathy strain of war.”

which they could not sustain the

can be extended. There was much temptation to tide over the But the crowning folly was next twelve months with some revealed some years later when slight adjustments of existing the Agadir crisis had brought taxes and to let posterity take war with Germany very near in its, share of the burden by au- the summer of 1911. At a meet- thorising an additional loan to ing of the Defence Committee the cover the deficiency. With de- First Sea Lord calmly announced fence expenditure as heavy as it that "the plan of the Admiralty is and the prospect of still greater for the event of a war with Ger- calls before the end of the year, many was quite different diversion of the troublesome jours" (the War Office): £39,000,000 to loan account must have been a tempting way out of the difficulty. The Chancellor, however, following the "sound Force and to land them sertatio finance" dictates of his predeces at points on the Baltic coast, on the northern shores of Prussia. sor, decided to insist on payment out of current revenue and We of the War Office at once said "show the world that Britain does that such a plan was from a mil- not quail when it faces the buritary point of view hopeless be- den of rearmament expenditure. the Great General Staff had.

cause the railway system which

from

They wanted to take detach- ments of the Expenditionary

One of the features of last volved was such that any divi- year's finances was the remark-sion we landed would be prompt- able surplus on the yield of in-ly surrounded by five or ten times come tax of £10,000,000, a factor if the Admiralty could have got the number of enemy troops even which may have been a persuait to a point suitable for debarka- sive influence in the decision to

tion squeeze the orange still-drier. Much dissatisfaction, neverthe The discussion

· became warını less, is obvious, while there island the War Office representa- ground for misgiving on purely tives asked those of the Ad- economic grounds, for it cannot miralty whether they had any have escaped attention that re-plan of the German strategical venue this year has already re- railways. The reply was that it vealed a sharp decline as com- was not the business of the Ad- pared with the corresponding miralty to have such plans. “I period of a year ago, an indica beg your pardon," was the acid tion not altogether encouraging reply, "but if you meddle with in a time when the Treasury is military problems you are bound budgetting for income more than not only to have them but to have £80,000,000 greater than was studied them."