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THE CHINA MAIL, APRIL 20, 1989.
The China Mail
Ninety-Third Year of Publication SA Wyndham Street, Hong Telephone 20022 London Office:
laid upon the whole national economy.
Elimination of foreign com- merce from North China, there- Kong.fore, is only one reason for Jap- an's currency policy. It aligns against her, however, the various Treaty Powers trading in that area, and thus makes her aims more difficult of fulfilment than
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politics, resigned from the post of Attorney-General in conséqu- refusal to ac- ence of his cept the decision that the Na tional Insurance Act must be dropped to provide the necessary
·finance for defence purposes.
ever.
፡
Already many obstacles stand in the way. So long as the Cus- toms offices at Tientsin, for instance, remain in the French Concession, a commercial or ex- change blockade of the foreign Concessions cannot, be easily achieved.
the re-
currency,
At Tsingtao, moreover, cent Japanese regulations, forc- in the new Japanese ing exporters to do business there proved quite ineffective. They merely served to divert the ex- port of Shantung staple products northward, via Tsinan, to the Tientsin Concessions. Control at Tientsin might well lead, under present conditions, either to fur- ther diversion of trade or to its complete stoppage, since Japan has not yet established either her military or her administra- tive authority over the vast hin- terland of North China.
Now that Britain, following the American grant of credits to China, is also giving substantial financial aid to the Chinese Gov- ernment, it would seem that the Japanese militarists are only The nomination of Mr. Menzies courting failure in attempting to as Premier means, presumably, set up an economic dictatorship restoration of national insurance. over North China.
It is hardly to be supposed that
he would have consented to nom- The Danger of Brevity ination on other terms. And it will be welcomed in Australia,
•
Mr. Justice Cave's laconic not only because the Cabinet's summing-up the other day might retreat from the insurance plan be compared with the comment of had greatly weakened its auth-Mr. Commissioner Kerr: "Gentle ority, but because the shock tomen of the jury, you have heard its prestige had been greatly in the witness for the plaintiff. If creased by the departure of Mr. you believe them you should find Menzies on a point of political a verdict for the plaintiff. You have heard the witnesses for the honour.
All that will be restored, with defence; if you believe them you the Government. perhaps the will give a verdict for the defen- stronger for it. For few men in dant. But if, like myself, you Australia command greater res- don't believe any of them, then pect than Mr. Menzies. Anyone God alone knows what you will hearing him speak realises there do. Consider your verdict.” At are few men with so compelling the same time, a laconic sum- a dangerous presence. His voice is clear ming-up may be
ges- thing and even defeat the ends and modulated. His rare tures are superb. He makes his of justice. Hawkins used to say appeal to the audience around him that he learnt a very useful les- and another appeal to the wider son in this respect early in his
whom he audience
reaches career as a judge. He forgot, as through, the Press and the pub-The confesses, that country juries lished report of debates. He cap-were not always wise and that tivates both audiences and con- "juries are unused to evidence vinces them by the clarity, the and have very often to be told gracefulness, and the cogency of what is the bearing of it.” ́ In a his utterances. The members in case of fowl-stealing at Exeter
well know the the evidence seemed Opposition brilliance of his repartee, deliver-whelmingly clear that Le confin- ed with that Attic wit now founded himself to saying: "Gentle- only in the House of Commons men, do you believe in the de- His insis- fence?" "They put their heads at rare moments. tence on a point of principle re- together and kept in that posi- cently will not have weakened tion for some time, and at last, to my utter amazement, said: public confidence.
We do, my lord. We find the prisoner not guilty.'"
*
*
Currency War
Japan's endeavour to supplant More Succinctness
Chinese currency by exchange
control and the export permit
80 over-
Other verdicts besides legal
system now to be met by fresh ones have been compressed into When Louis- methods dictated in Chungking, a very few words.
is inspired, no doubt, by more XVIII published his "Voyage than one motive. It is intended, Coblentz” a Paris journal review- not only to cut the Chinese sinews ed it in one sentence: "If this of war, but also to strengthen little volume was written by the the yen and obtain foreign ex- King it is above criticism: if it change for financing Japanese im was not written by the King it is beneath criticism." Even that, ports of war materials,
Japan's currency has had to however, was a good deal longer meet the strains imposed by large than a review of a novel in an loans for prosecuting the cam- American journal, which stated paign in China, the adverse trade the title, author, publisher, and balance suffered outside the yen price with the simple addition bloc, and the harsh restrictions “Shake!”
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