1938-05-14 — Page 10

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KALZANA

THE MINERAL FOOD FOR BETTER HEALTH Of all Chemists and Stores

THE CHINA MAIL, MAY 14, 1938.

The China Mail

Ninety-Third Year of Publication

our

theoretical economist, that what- ever the private capitalist does must of necessity be the nearest approach to complete, efficiency, that can be thought of. To in- terfere with the siting of an ex- 3A Wyndham Street, Hong Kong.port industry, it holds, "might

have a serious effect upon export trade and thus upon the whole economy of the country"; even to interfere with the loca- tion of industries sheltered by a tariff "may result in sarily raising the price of their products to the consumer" and lead to still higher tariffs. There is much more of it. Mr. Oliver All communications intended for Stanley was apparently indignant

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unneces-

that the laissez-faire faith of his to Department has been criticised. The contrast between it and Sir George Gillett's report must have disturbed him still more. The further point brought out by Sir George is worth emphasis. He urged the Government to adopt the policy of having public works ready for a time of depression land described from his experience with the local authorities how much delay there is before schemes are ready for operation. Unless schemes are prepared rapidly now no workmen will be employed on them until the next slump is over. It is gratifying to find at least one Minister ready to take the hint.

PLANNED ECONOMY

L

.

*

A Way of Life

The call which Sir Kingsley

It has been said of Rabelais Wood last week sent out to local of the modern world, he laughed that, sitting upon the threshold authorities in England, asking away the superstitions of the. them to submit their programmes Middle Ages. It may be so, but for public works for the next a much greater and more widely five years and thereby enable later learning and all that its humane representative of the Government to move to some ex-spirit had to teach of tolerence tent in the direction of planned and the art of life was the Mon- economy, is highly interesting, taigne who was a young man of twenty when Rabelais died in as the first indication by White-1553. Lord Baldwin was quoting hall that it pays the least atten- from him at the London Guild- tion to its Commissioners for hall when he reminded his hear-

ers that "lack of goods the Special Areas. Not that it easily remedied, but poverty of can be goes nearly far enough. But it the soul is incurable," and Sir is something. In his last. Re-Samuel Hoare, as the newly in- port, Sir George Gillett, Commis- University, took Montaigne as stalled Chancellor of Reading sioner for England and Wales, the basis for his address to the asserted the right of the State to students. He confessed himself- interfere with the location of in-more than ever impressd by the

breadth of the famous dustry:

French essayist's human wisdom and "by The Government cannot, in my his balanced poise in a shaking view (he said), especially since universe"-and if any later age the introduction of tariffs and this is it. To be patient, thought also has need of a balanced poise quotas, evade all responsibility the Home Secretary, would be for the location of industry. In the first advice that Montaigne would give to the modern world many foreign countries Govern- and patience (though Montaigne ments are assuming growing con-would hardly have thought of trol of industrial location, and it this point) was essentially one seems clear that social and stra- of the qualities that the British tegic as well as purely economic Well, patience, as Vauvenargues Empire should teach the world. causes will drive the Government (another wise Frenchman) has of this country to abandon the reminded us, "is the art of hop- laissez-faire attitute which was student of affairs, who tried to ing," and it would be a purblind the prevailing doctrine up to recent date.

"

a pretend that there was not full scope for the exercise of that art Sir George was, of course, too in the world that lies around us. And if Sir Samuel Hoare's ver- optimistic. There was at the same sion of patience as a "blend of time published (at the extortion- courage and scientific sincerity" ate price of five shillings for is not quite so crisp as the French fifty-seven unbound pages) the definition; it has other thoughtful. evidence tendered by the Board Baldwin has often done before qualities. He praised, as Lord of Trade to the Royal Commis- him, attributes that we like to sion on the Geographical, Distri- think of as English, but he sup- bution of the Industrial Popula-ported them with testimony from tion. It purported to discuss in- other lands. It was an address terference with the location of that was worth reading, if only industry from the purely econo- as an indication of an approach mic view and argued, with con- to politics which is not unchar- siderable · daring even for alacteristic of the British Isles.

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