1938-09-12 — Page 10

THE CHINA MAIL,

The China Mail

A BREATH OF ENGLAND Ninety-Third Year of Fablication

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(Exhibited)

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1996)

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PTEMBER 12, 1938.

¡France from exerting all the

pressure of which t they are cap- - able upon these two governments. But General Franco was not able to appreciate the wisdom of quickly accepting a plan whose alternative may be even more em- barrassing to him.

7, Garrick Street, London, W.C.2 Notice To Contributors.

The reinvigorated morals of All communications intended for Loyalist forces, as evidenced in publication should be addressed to recent gains just when the Loyal- the Editor, and be accompanied by list cause seemed to be all but lost, the Writer's Name and Address, will not now make it easier for not necessarily for insertion but as General Franco to let his foreign a guarantee of good faith,

Subscription Rates.'

3 Months ................ H.K.$ 9.00 6 Months ...... H.K. 18.00

helpers go. The French appear to realise this. They have pressed upon the British the need of bring- ing General Franco into line with

One Year ........ H.K.$36,00..the British plan before opinion in

Postage Abroad Extra

· Hong Kong, Monday, Sept. 12, 1938.

A WAR OF TALK ?

France, led by M. Blum, makes effective its demands for a “re- laxed policy of non-intervention -by which is meant the opening of the Pyrenees border.

Thus not merely the strategy of international diplomacy but the demands of part of the elec

Premier Mussolini's assurance to Italian troops at the close of torates in Europe's two largest · the recent army manoeuvres democracies may force upon Gen- "We do not delude ourselves? èral Franco and his supporters a evidently can apply only to Il line of action which both the Duce's expectation of war.. For British and French Governments Italian leadership has deluded it have, so far unsuccessfully, been self on other aspects of the war urging him to take. problem. For instance, there is

the theory of a short war and a

successful one; this theory will War Debts

receives the lip service of Vir-

ginio Gayda, semiofficial govern-

sur-

mental mouthpiece, despite Ital- as an Example ian experiences in Ethiopia and Spain. Signor Gayda explains II

Many reasons explain the re- Duce's most recent use of the word vived talk about war debts settle- "preparing by saying "The ment in London. No doubt Brit- readiness for Italy means to be in would like to wipe the slate immediately capable of exerting clean of an outstanding issue the maximum offensive effort." with "the great neutral": when He points out that this accords there is so much tension with the Italian theory that war charging the European, atmos- must be swift and quickly decided. phere. No doubt, too, a war debt What this readiness of Italy settlement is regarded in many means. to non-Italians, however,

quarters t as a corollary of any is something else not quite so im- new currency agreement between pressive. People in the "demo- the pound and the dollar, such as plutocracies," as Signor Gayda Mr. Morgenthau's mission to calls the democracies, are by now Europe seemed to suggest. Two quite familiar with this sort of rights are in conflict over the war talk of war and recognise it really debts. A debt is owed to the as a war of talk. It appears to United States, and no casuístry be intended to bluff them. They can make it appear in any other read between the lines the point guise; for there is the signed and that Italians do not prepare mere-sealed Baldwin Settlement of 1923 ly for defence of Italy at home to endorse it. Yet it is a debt but will immediately carry pun-sui generis. For it was incurred ishment abroad to the enemy in a common cause, and such con- country, But there is nothing tracts are not usually drawn up new about that. For ages "The

in a counting house. best defence is offence" has been Specifically the basis for con-

*

a military maxim.

Thus the more critically acuterte. It was hardly in accord cessions resides in the interest of Premier Mussolini's and Signor with the spirit of a partnership Gayda's readers, are apt to dwell to charge any interest rate at all. rather on the question whether & Among partners such a practice military theory already disproved

“Relaxed"

Non-Intervention

STONE-

WARE

PIPES

GLAZED,

TILES.

elour. Prices

STRATION

in practice can be adhered to is absent more often than not. without becoming delusive. And And it was certainly discrimina- they may be forgiven for daring cent. while charging Italy 0.4 per tory to charge Britain 3.3 per to hope for peace's sake. - that Il Duce could be deluded as to cent. This gave the entire scheme of settlements the look of a imminence of general war.

bankruptcy court. Moreover, 3.3 per cent. is now higher than the going rate at which both the British and the American govern- ments can raise money.

If the amount already paid

on More than a threat is involved war debt accounts were regard in talk of reopening the Pyrenees ed as a contribution to the prin frontier over which Russian and cipal, and the remainder divided Czechoslovakian arms could pour into a short series of annual pay- into Loyalist Spain through ments, this should provide a basis France. The Opposition in Great for a reasonable settlement. The Britain, and the Leftist parties world is full of unresolved dis- in France, are becoming more putes upon which parties have and more vocal in their insistence taken immovable positions, Let that non-intervention" be made Britain and America' provide an something other than an aid to example of the only basis - upon

which international Insurgent General Franco.

Hope that the British plan for can be settled, nam withdrawal of foreign troops spirit of compromise. from Spain would soon be opera- give point to their

rsies

-the ar Would

achiket

tive had helped to Keep Loyalist ments to the rest of the quar, nier sympathisers in both Britain and reling world.