1939-06-30 — Page 14

TEN'S PURE SOLUBLE VAN HOUTENS

PURE SOLUBLE COCOA

MANUFACTURED BY

C.J.VAN HOUTEN&ZOOM WEEST HOLLAND

libineti

On sale at all leading stores,

Agents:

The Friesland Trading

Co., Ltd.

Here is cocoa of the highest quality → sti- mulating, nourishing, delicious, There is nothing like a cup of Van Houten's when you feel tired.

VAN HOUTEN'S COCOA

"Best and goes farthest"

·

Van Houten's Cocoa is more economical than tea or coffee. There is enough in a. 1/2 lb. tin for nearly 100 cups.

Make 2 habit of drinking Van Hou ten's Cocoa-the ideal food beverage.

B2

FOR FULL INFORMATION CONCERNING

HONG KONG BUY A COPY OF THE

SHONG KONG $ DIRECTORY

Price $1.00

OBTAINABLE AT ALL BOOKSTALLS

HE CHINA MAIL,

WHY NOT CONS

T

•

BAR WOO

ONSCRIPTION of wealth is a Government use. No citizen would

good slogan,

Like other be permitted to retain more than so slogans, it is capable of bearing a many hundred pounds of capital or number of mesnings. In this so many pounds a year of income. article I will try to set out some of This is daring. Objections will those meanings-that is to say, to spring up like mushrooms. To es- sketch ways in which wealth might timate the force of those objections, actually be conscripted.

it is neccessary to digress for a All these plans are intended for moment into general economics, use here and now, in the sense that they do not require that there

HE only objections that need be nesses on the ot should be a revolution in jour taken seriously all come back to ers depend for economic system before they can be the risk that any such measure personal enterp put into operation, though some of would cause widespread unemploy- capitalist and them are more drastic than others. ment. It would cause unemployment, I cannot give I will put them down more or less it is suggested, first, because it here, but I have in order of their severity.

would destroy the rich man's in- the signs that The first plan is one which has centive to develop new and expand rich are more i not hitherto played much part in existing enterprises; and, say what their capital the programmes in this country. It

you may, the propertiless worker ductively. has rather special attractions just will lose his job, if industry comes to Dislocation of now, because it keep a closer paráll a standstill, or is badly slowed up. is a more reali el with the conscription of

And, in the, second place, the afraid that we life or labour than almost any other "ceiling" policy threatens unem- if the proposed scheme. It might, therefore, be a ployment because luxury expendi- low, and no oth proper complement to the Govern- ture would be cut down.

taken, considera The first of these objections is would follow.. ment's Military Training Bill.

Under this plan firms manufac- vastly exaggerated. ・It had far It is true th turing munitions would be re more force in the nineteenth cen- in the armament quired to make compulsory tury than it has in the twentieth. vide many fresh deliveries to meet the needs of the In these days of huge corporations too simple. it new conscript armies,

on one side and small family busi- to shift a Bond

•

They would be paid for these de- liveries as conscripts are paid, and the payment might bear about the same relation to the market value of the goods as the conscript's pay bears to the value of his labour!

TH

HE merits of this plan are twofold. First, it takes the profit out of war once and for all. Second, it is sweetly simple. It avoids all the complicated upsets and readjustments and possibilities of unemployment, which have to be taken into account when sudden and drastic taxation is proposed in a capitalist society."

It is really a way of arriving at the virtual nationalisation of in- dustry by a new route. It is a plan which has, I think, a big future in Socialist programmes, not only in. relation to armaments; nor should we be prejudiced against it on the ground that it has been used under both red and black dictatorships. Experience of its use for all pur- poses, good or bad, and under all. conditions, ought to be looked into.

Compulsory deliveries are, how- ever, obviously not enough · by themselves, because they leave un- touched all the great heaps of wealth outside the munition indus- tries, wide though these industries are nowadays. So we must see what can be done more by way of general conscription.

1

An attractive plan here is to fix a flat upper limit (a "ceiling") of wealth (or annual income), above which everything is conscripted for

IRON LUNG ON VIEW AT CHARING CROSS of the latest "drinker-respiration" type was one of the Hospitals Exhibition at Charing Cross Undergrou shows a sister and a nurse of the Wimbledon Hosp ing the iron lang with the "ld of a dummy.

EAT

Jimmy's Kitchen

INEXPENSIVE SATISFYING

Bringing Up Father

JUST LOOK AT THE EXPRESSION AND HIS LITTLE HANDS.

BEAUTIFUL?

WHAT PE

FOR WORDS

BY GOL GLAD TO

TO T

TKINT

JUST S

ME

WELL HOW L SON'S B WIFE

YOUR W YESTERDA UNDERSTA IS COMIKK

VISIT