1938-09-26 — Page 10

Page 10.

A BREATH OF ENGLAND

Qusthunder at Whithead's Hap Farm.. By Algerman Talmagi, R.A. (Exhibited at the Rayal Academy, igl】

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THE KAILAN MINING ADMINISTRATION

THE CHINA MAIL, SEPTEMBER 26, 1938.-

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Hong Kong, Monday, Sept. 26, 1938.

PEACE OR WAR?

expected that the Czech Gov- ernment, to whom new encour- agement has been given by the declaration of Slovak loyalty and the otherwise improved internal situation, will find Germany's terms, conveyed by Herr Hitler in a form closely resembling that of a six-day ultimatum, any the less unpalatable? Military Monocles

A recent army regulation in Rumania forbids officers to wear monocles by way of ornament. No doubt there is wisdom in this; for the aspect of the monocle is not really martial. True, there is a hint of imper- turbability about it, but it sav- ours less of the coolness of the warrior than of the fastidious aloofness of Hotspur's courtier, which found expression in the remark that

but for these vile guns, He would himself have been

a soldier:

It is not adapted to "an eye like Mars, to threaten and com- mand,” and, on the whole, men of action have eschewed it. Even the licence of fiction has given rise to few exceptions, apart from Proust's General de Froberville, who was able e to wear his monocle "like the single-eyed

of the Cyclops"-

flashing ge, the Scarlet Pim-

and, of is

pernel; but his quizzing glass was definitely a disguise.

For European peace there still hope. But it is not yet a hope that encourages any degree

The monocled Bertie Wooster of confidence. Economic circles,

soldier, but he makes whose judgment is for very good 15. no reasons reached by a more ob- some claim in his memoirs, com- jective method than that of piled by Mr. Wodehouse, to be political quarters, who are apt to ing a tactician.. One can hardly allow the claim, however. His give undue weight to a momen- tarily favourable fluctuation in friends, who are in a position to know, are not above referring the situation, remain uneasy

inelegantly to him as a "poor. Nor can it be claimed that there sigh," and they evidently feel that is other than apprehensiveness:

in the Prime Minister's warning his air does him little injustice declaration: “During the next "the air," in the words of Pioust few days there is a grave res-again, "of carrying about upon ponsibility upon everybody con-his person only an accidental and

cerned to consider very carefully perhaps purely symbolical frag- ment of the glass wall of his the issues that are at stake.

Everything, clearly, depends aquarium. upon the Czech response to the

•

German memorandum, the de Clearing-House tails of which remain for the

The London bankers' month- present a secret of governments. Which does not mean, however, ly clearing returns present one that Czech refusal of

of Germany's of the most valuable indices to new terms for peace, will switch the state of business and trade. to Prague's shoulders the res- The modest, old-fashioned build- ponsibility for an outbreak of ing where the banks daily ex-

Mar. Mr. Chamberlain's dubious change each other's cheques is

attitude towards the memoran- to be rebuilt, and some of its mid- dum has not been disguised in Victorian oak desks will be used the few public statements he in the new building. The clearing- has made since its presentation. house is tucked away in Post Of- France's partial mobilisation, or-fice Court, a little alley off Lom- dered after the text of the mem-bard Street. Here was the first General Post Office, so the bank- orandum was in the hands of the Quaî · D'Orsay, the action ars were then in a place to catch taken by the Admiralty in order mails, which every evening pre-, ing the Home Fleet to sail from sented a magnificent spectacle of Invergordon, and the prepara fine horses and spick-and-span tion of plans at Whitehall for coaches, partial mobilisation in Britain,

་

The London Clearing-house tell their own story, without need was first started by the private for speculation or frills. Signifi- banks in 1775, and the joint cant, too, about the official com-stock banks, which now have munique issued at Godesberg swallowed nearly all the private announcing banks, were admitted in 1854. was the phrase that Mr. Chamberlain I had agreed Bank clerks have a legend that to convey the memorandum to this ingenious system was start- the Czech Government. It did ed by ane of themselves.... It is not say that the mer

said that one day, in clever clerk |carried the apor

avoided the Chamberlain. It ma he would recomînen ance by the Czech What it did kay, In tal letters between the thất các năm ba

to individual, banka ing a meeting In a where he and the xchanged their che tled the ludifférend The iden wàn NO CÔNY

officially [days, of course, no

through angement Bank of England.