Page
CORRESPONDENCE.
TRADE AFTER THE WAR.
[TO THE EDITOR OF THE "HONGKONG DAILY PRESS."]
Si-May 1 try to explain the cause and object of trade and reply briefly to some points raised by your correspondent "Plebis in your issue of the 2nd inst,, and defer the consideration of "How to develop the resources of the Empire while maintaining Free Trade." another letter!
THE HONGKONG DAILY PRESS, TUESDAY AUGUST STH, 1916.
denth, bat by the attraction of common THE interests and the advantages of mutual support, But to obtain this common interest and mutual support trade must. be free--not restricted whether by in- dividuals, cliques, or governments.
POST-BELLUM TRADE
WAR
(TO THE EDITOR OF THE "BONGKONG DAILY PRESS."]
Sin-During the course of the last few days certain artiçies have appeared in your journal the writers of which refer principally to our fiscal policy as it existed before the war broke out and as to whether the anti-bellum conditions
...
WAR CHARITIES. KOWLOON GIFTS: APPRECIATED. 5 The following letters of thanks for articles sent by Our
Bitch Bit" Society, Kowloon, have been received by Lady May:--
Headquarters Delta District, Savoy Hotel,
May 27th, 1916. you sen; 1 handed them over to the off- Ever so many thanks for the things
INTIMATIONS
LANE,
CRAWFORD &Co.
cer in charge of the Nasrich Hospital and SPALDING'S ATHLETIC
atrach letter.. Everything is most
SOLE AGENTS FOR..
GOODS.
FOR
EVERY REQUIREMENT
GOLFERS.
in their entirety when peace is erueful just now, as we are getting masses more restored, on cartist In other words, Mesopotamia, and all our hospitals are ie siek and wounded sent back to us from is a reformation of the Tariff to take age
again overcrowded. This is large place is Free Trade, which was school that we have taken over as a hos- brought in by five different instalments awful weather here I have seen for some WE HAVE JUST RECEIVED A SPLENDID SELECTION OF GOLF CLUBS.
pital
We had a week of the most between the yeais 1842 and 1860, to be continued in its present form
Man does not produce conmodities just because he is fond of work and then bring them to the market merely to get rid of them. When a man brings goods to the market his object is to get other goods in exchange for them. And he always tries to get as much as possible for what he gives. The more he gets the better or his wants supplied Yet when towo export goods, that is, when we send relating to trade are to be maintained
them into the foreign market, Tarifi Re exchange for them, that is, the less we formers argue that the less we receive in receive in imports, the better, and advo- cate the imposition of all sorts of tariffs for the express purpose of excluding what we are getting back in exchange. Tarif Reformers want to increase exports. ie, to increase what wo send out of the country and reduce imports, e, what we receive in return. The Tariff Roform iden seems to be that there is in every country a surplus of commodities which have ceased to be goods and to retain which causes all sorts of evils such as nemployment, low wages, poverty, etc., and trade is a struggle or war between upon each other. If they were thinking the different peoples to dump their ills only of getting rid of their own ills instead of hurting the foreignors it might occur to some of the more brainy adva- cates of this peculiar doctrine that the
The life of man, like that of the lower auiuala, depends upon procuring suffi- cient material to supply certain wants. And mân cannot, any more than 'the lower animals, create this material. Nature, however, has provided an ample supply for every human need. The earth itself is the natural storehouse frem which every individual of the whole animal kingdom obtains sustenance, but gbtains it only on one condition--the -condition of labour. Nature provides the material, but nature does not provide messengers to follow individuals around and deliver the material just where and
In the words of some ancient histur- in, who inter-alig) wrote letters and epistles, we are told in love our enemies and do good to them who persecute vs,. but with all due respect to the writers of these things their ideas, which perhaps could have been put into prac- tice in the days when they were written, hardly coincide with public freling as
me Temperature in the shade 113 degs, F. Then it suddenly got cool again, and now it is like a nice sumner at Home. With kind regards. Yours sincerely.
F. Gonpox Haut,' Military Hospital, Nasrich School, Cairo,
May 25th, 2018. Major Rickert begs to thank the "Little Bit Society on behalf of Nasrich Mili containing clothing, stationery, soap, tary Hospital, Cairo, for the two cases
kindly sent to Colonel Gordon Hall, othpowder and dry ginger which they A.M.S., for the use of the sick ani wounded in Cairu. Major Rickett uncer-has been appreciated and how useful the
various articles sent are.
FROM
GOLF BALLS
75 CENTS EACH. GOLF
ARCH COLONELS
(FLOATING AND HEATE).
$1.50 Each.
PATENT COLONELS $1.25. Euch.
GLORY DIMPLES $1.50 Each,
FROM
76, CENTS EACH
NEW BLACK & WHITES $1.95 Each.
MIDGET DIMPLES
$1.50 Each..
THE CINCH" $1.00 Each,
THE "BOB"
75 Cents Each.
when it is wanted. Hener the individual difficulty might be got over by dumping it exists at the present time, and which desires to say how much this kind giftPALDING “GOLD MEDAL CLUBS.
these surplus commodities in mid-ocean. has manifested itself with no The logical conclusion from the Tariff-
But it is not honest,
The
How
must go to the material and exort suf- cient energy to remove it from its antiral position, modify it if necessary. and being it when he wants to use it.
In primitive conditions man, like the lower animals, found on the surface of the earth such materials as enabled him tó sustain life and propagate his species. But unlike the lower animals he was not satisfied with what was necessary for mere existence; for man's wants grow as they are supplies. He wants comforts and conveniences without end requiring not only an increased supply but also an ever-increasing variety of material. Even millionaires want more and better things than they have. But however his wants may grow, as he cannot make something out of nothing, he must go to Nature's storehouse, the earth, for his material And however great his mental develop ment man-(in general) cannot avoid the -condition of labour. He may, by increas ed knowledge and improved methods, obtain a greater supply with less exer tion; but as material will not deliver itself ready for use where and when ho wants it, man himself must go to the mere for them. The gain from precondition of things cannot continue to go It is quite apparent that the present matérial, remove, trunsport, and raodify gain on one side is counter-balanced by on in the old way. There is a great trade
tion is like the gain from stealing
it as required. This labour of producing a greater loss on the other side. Under
war coming, the ultimatum for which has it is the natural and real cost of every will be produced by those best adapted already been given. What must be con- Free Trade and open competition "goods commodity. This is its cost, to the pro-to their production and in the places sidered now, and should have been con where the greatest result can be obtained
form argument is that all the mertainty during the Inst two years. chant ships of Great Britain should be gathered into her numerous seaports and jonded with coal, iron, cotton and woollen products of labour and seat te dump cloth, machinery, tools, and various other
these goods on foreign markets. to be loaded up again, and the process ships should then be brought back empty continued so that the British working work. If this argument were honest it man may be blessed with plenty of hard would betray very sloppy" mentality. in a free and open market, although euch vendor desires the highest price he them as cheaply as others in order to cun obtain for his goods, He must sell sell at all and obtain the things that he really desires. But it is only the free down to their proper level. When the competition of vendors that keeps prices. competition between the vendors of a price of such goods increases. The more particular kind of goods is restricted the competition is restricted the higher goes the price. This means that the vendors of such goods can draw out of the market more goods of other kinds than they petition. This is the real object of the could under Free Trade and open com
We have already loved far too long and shown too much good feeling to
formerly posed as our friends but are the subjects of foreign Towers who
has arrived when the Empire must our bitter enemies, and the time
from their trades by those who have resent. their own people being ousted been permitted by the system now in vogue to compete side by side ou equal terms and with equal rights with sub- rots owing allegiance to Impérial throne.
the British Tarif Reform or a
19, Geueral Hospital,
Alexandria. May 21st, 1916.
DRIVERS AND BRASSIES, $6.50 Each.
IRONS, 1-$4.75 EACH.
R. FORGAN'S CELEBRATED CLUBS.
MADE AT ST. ANDREW, FROM $4 EACH.
AUTOGRAPH
CLUBS.
I have again to render my sincere thanks for your very welcome consign- ment of comforts for the patients in this and slippers are timely and acceptable hospital. Everything arrived safely and TAYLOR'S in perfect order. The dressing gowns for the use of officers who arrived here LADIES' AND LEFT-HANDED CLUBS. with little in that way of comfort. are i full swing again, receiving many
We
ALL MODELS,
PRICE $3.50 EACH.
STOCKED IN ALL MODELS.
sick and wounded from further east. CADDY BAGS. TEES, GOLF GLOVES, BALL OLEANERS, soldier patients to go home with, for The warm clothing is distributed to the after being so long in the East and debilitated, they are sure to feel the change. Will you please convey my thanks to the different work parties who have so kindly contributed } Believe me.
CLOCK GOLF, GOLF PAINT, CAPTIVE GOLF. REPAIRS OF EVERY DESCRIPTION UNDERTAKEN.
now policy of Protection must take theYours faithfully, place of what during the last seventy
there must be a readjustment of our years has been called Free Trade, and
list of duties which will benefit the nation from all points of view And
couple Colonial Preference. It must not be forgotten that it was under Protection that Britain became great
with Tariff Reform and Protection I
vendors. in restricting competition, Those who desire a monopoly of the British market for the sale of their goods want to exclude Foreign competition so that they may be able to charge a higher collared all the markets of the purchased these goods would have to pay price for their goods. But those who | world.
GEORGE SCOTT,
Lient Colonel R.A.M.C. efo 9th General Hospital 94, Marlborough Mansions, West Hamstead, N.W. Jackanapes Society arrived last week and
30th May, 1916. Another box of garments for the I am most grateful to you and all the workers of Our Little Bit Society. The
LANE, CRAWFORD & CO.
103
HONGKONG, CANTON, MACAO &
thin pyjamas are specially welcoure, and JOINT SERVICE OF THE HONGKONG. CANTON AND MACATI
STEAMBOAT 00., LTD., AND CHINA NAVIGATION CO., LTD. HONGKONG-CANTON LINE
WEST RIVER STEAMERS.
have already despatched them and the mittens and other woolies I must keep thin socks to France and Saloniks, The fill older weather returns, but I have sent the lovely blue mufflers and a blue chest protector up to the Royal Naval sending & copies of the March report by Hospital at Invergordon, where the weather is still cold at nights,—I-am- post to-day. You will see in it how much wonder if you remember Sister Williams. the fer waistcoats were appreciated. I who was stationed once in Hongkong? kong work. She was so much interested in the Hong-
With renewed thanks.
HORATIA K. EDEN Children's Aid Committee, 9, South Moulton Street, London, W.
dueer. But we are accustomized for pur- with the least expenditure of laboursidered before, is the condition not only Yours very truly,
CON-
Plebis also thinks I have con
28th June, 1916. Thank you so much for the exceedingly reached us from you yesterday. We are useful parcel of children's clothing which, always greatly in need of little dresses and overalls, and those three very charz- ing little babies bonnets bat e been a
ppreciated. It is most kind of you all as our to continue helping us in this way, And family" is now so enormous ve re indeed most grateful. Yours faith fully,
M. DOUGLAS. This week a box of clothing has been Foodhow, through the courtesy of Messrs sent to the above by Mrs. McGregor, Shewan, Tomes & Co.
poses of exchange to measure the value But Protection, by restricting competi- of the trading community but the work- of commodities in terms of money and tion, prevents this natural tendency anding classes and what will give every in- puts production upon a purely arbitrary the fundamental fact that labour is the and artificial basis: Protection not only dustrious man-full-and constant employ essential, factor or agent in production causes an artificial inequality in the disment at fair wages,
tribution of goods by enriching some t
This can only be is constantly overlooked or ignored.
accomplished by keeping your the expense of others, but it causes à re- Now man does not like labour. It duction of wealth by producing it at less markets, increasing our exports, and home makes him tired and to be very tired is fertile sources and by less efficient indivi- shutting out foreign competition, and to very unpleasant. It is only the craving duals. There is no economie, reason for of unsatisfied desire that impels man to it. It is simply a trick of vendors like this Free Trade as we know it must work. Yet Tariff Reformers argue as if that of light weights or short mesures disappear. It has been responsible for men want to be provided with work, when to cheat buyers.
the loss of some of our markets, the the fact is that all men try to lessen Your correspondent "Plebis work. It is a fundamental law of human siders that Free Trade is best undervation and destitution which exists. nature that man seeks to satisfy his favourable conditions. But the fact is and the depression in agriculture which desires with the least exertion. This is that Free Trade is that which constitutes is apparent all over the country. Eng- the reason that impels all mon to trade. the favourable conditions. The people land is no longer the factory of the world, But it is also the reason why some men who are free to buy in the world's war as she was in 1842 when Free Trade was steal.
Trading and stealing are two ket are more favourably situated than adopted by Peel different methods of trying to attain the the people who have not this freedom.
Conditions have en- same immediate end-the saving of
tirely changed, and every one of our labour to the individual in procuring fused" actual trade with ideal trade. keenest foreign competition.
industries has now to contend with the commodities. The thief saves his own The terms are not very definite. Trade such consolation to a destitute and Federation together there must be corr
It is not labour, but the labour saved to him is is either free or restricted. If the ven- starving British workman to tell him inercial unity, solidarity and reciprocity, less than the labour lost to his victim. dors of goods made in Germany got any that if he had money be could buy things and the various portions of the Empire The gain on une site is less than the unfair advantage in trading with the cheap. loss on the other. From the point of people of other countries, it could only pearing and England has become
Our manufacturers are disap- must be more closely bound together by view of society as a body, that is, from be because these people were restricted nation of middleman and consumers
a commercial ties. The Colonies are most the economic point of view, the labour from buying in the world's market. Even they are too much hampered by Factory after the great help and assistance they ha
auxious to meet us in this matter, and involved in stealing is wasted. Besides, then they must have found it better to A, Merchant Shipping Acts, and other ringed in this present struggle, and the it canses enniity and leads to quarrels buy from Germany than to produce for things, and so worried with heavy rates loyalty, they have shown, we should which is a further waste of energy. Butthemselves. They found it better to trade
and taxes that they are unable to rosa-reciprocale and give them all they want. when two individuals freely exchange with Germany than not to trade at ni}. goods with each other, each receives from But if they did not get as good value Protective Assistance, and they will be at the Constitutional Club on the evening.
pete with manufactures of other coun- and desire. tries. the other something he desires and to from Germany us could be obtained any given it. The ousting of some of our of the 26th June, 1003, and they were not Therefore, they must be given pire," as the late Mr Chamberlaingeach No Preference, no Em- produce, which would cost him more where else, the obvious remedy for the trades owing to the fact that foreign inere words of the rhetoric, but spoken with labour than to replace the thing he gives.difficulty is to adopt Free Trade. The gain of one is not the loss of the
Plebis also refers to the USA.nrkets is a loss to the country in money mind with which he was so greatly products have been flooding the home that Imperia foresight and Imperial other. The gain is mutual: There is a tariff against imported coal. I lived for and labour, We can produce, manu enflowed. mutual saving of labour which can be five years in the Western Stater several facture, and sell our own products with utilized to produce an increased supply years ago, but I never saw a coal fire dur- for growing desires.
And if Imperial Colonial Federation It takes two tong that time Yet hundreds of British zhores and sold at less than the cost of made within the Empire which will com out foreign trash being dumped on our is to continue, arrangements must be make a bargain, and where each is freeships which might have brought out cheap production. Why should we open our mercially benefit all its parts. to trade or refuse to trade as he pleases coal weit there in ballast and the Ameriharkets to everybody, when everybody Colonies must allow lower duties on in- no bargain will be made unless each con- can farmers had to pay enough freight to else refuses to open theirs to us? Others ports of Great Britain than those charged The siders himself a gainer by the transac- cover the whole voyage when he sent his can compete freely with us, but we, as on the goods of other countries, and, tion. And although each is thinking wheat to the British market. The pro- is obvious, cannot send our manufactures naturally reciprocating, Great Britain- primarily of himself, there is in the prietor of the coal mines might have to the at prices which will compete must allow Colonial produce to enter natural constitution of things that which gained, but it is safe to say the American with their local industries. Therefore, either free, or at a much lower rate tha under Free Trade makes the action of public lost more than he gained. When our system of Free Trade is beneficial to that charged on competing foreign goods cach bencficial to the other. The Chinese the time for producing coal in the U.S.A. other countries and should be swept away and imports. coolie growing tea fer esport is bringing was opportune the tariff was no use.
and Protection given to our own indus comforts to thousands of whom he knows Before that time it was an obstacle.
Tries in other words, Retaliation. We Protection, Retaliation and Preference, And so the three great Tscal questions, nothing and cares nothing. And such is the case in all production for exchange.
intend to do. At any rate, they are not all jointly and severally are necessary what the Houe Government, I think, that they cannot well be separated, and mist penalise their imports, and this is are so interwoven and bound up together Millions of men who never see each other are yet helping each other. Trade is the
going to allow German and Austrian for the continuation of the Empire means by which individuals scattered all To my mind the idea of a self-support any other Colony, and do exactly as they amelioration of its subjects, some
merchants to walk into this Colony or as a strong Federated basis and for the over the earth co-operate in producinging nation is absolutely absurd. A please. The people should see to this who have been driven out of employ material to supply each other's wants. government that followed the idea would themselves. The whole tendency of Free Trade is in impoverish and weaken its own people so spite of armies and navies, Kings and that they could not resist attack. If have to be very seriously considered, and antiquated system of so-called Free Trade, There is one other matter which will tion which has been permitted under the ment owing to the cheap foreign competi Emperors, Czars and Kaisers, and inde some particular thing is necessary for that is, Colonial Preference. We are now and which, I trust, will soon be a thing. pendent of national boundaries and geo- defence, let the government control its graphical divisions, to draw the scattered production. Yours respectfully,*
a Gren Imperial Federation bound of the past. Tempora mutantur, et nat benevolent society-held together not by penalties of fines, imprisonment, and
affection--an affection which, I trust, will never be forgotten and to keep this (Continued on nest Column.)
tended to foster the home production of 4 tariff on imported dyes would have dyes, but it would have discouraged the cotton and woollen industries.
A LIBERAL
Hongkong, August 7th, 1916.
together by ties of blood and martial | mutamur in illis, MA TOZER:
Victoria, Hongkong. 4th August, 19IG
of
***
Single Fare by Night Stomer Betura
(available aion for reizes.
by day seaner)
Bugis Fas by Day Steamer Berry
$6.00
1.80
HONGKONG TO CANTON. I CANTON TO HONGKONG.
5. HONAM.
10 p.m. FATSHAN.
TUESDAY, 8TH AUGUST,
1916.
8 AM HEUNGSHAŃ, 6 pm. KINSHAN.
WEDNESDAY, 9TH AUGUST, 1916,
HONAM.
8. HEUNGSHAN. 10 p.m. KINUHAN.
5 p.m. FA18NAM,
HONGKONG-MACAO LINE
8.8. TAISHAN, Tons 1,000,
8.8. 8UI TAI, Tons 1,65%. HONGKONG TO MACAO. Wock days at 5 am. and 2 p.m. from the Company's Wing Lok Strand When? Sanders at 9 am and 1 p.m. from the Company's Wing Lok Strook Wharf
MACAO TO HONGKONG : 17.50 m. and 2-p.m. Bundays at 7.30 sm, and 2 p.m)
MACAO.
Wech
ACURSION TO
SUNDAY, 6TH AUGUST, 1916.
The Company's New Stemebip
"TAISHAN"
..
Will depart from the Company's WING LOE BIET WELKE 41 3 kan, në ndug Trem Maens at $ p.m.
NB. The Company will also runs Blemer frons sose on Bunday si 7.20 cm and from Hongkong as I p.m., from the Company's Wing Lek Street Wharfs
FARER AS USUAL,
MACAO-CANTON LINE.
8.8. SUI AZS
Departures from Mano te Canton on Monday, Wednesday and Friday, at 8 pazg Departures from Carton to Mecse on Tuesday, Thorelay and Saturday, at 450 pana
JOINT SERVICE OF THE HONGKONG, CANTON AND MACAO STEAMBOAT CO., LTD. THE CHINA NAVIGATION CO., LTD. AND THE INDO-CHINAS TEAM NAVIGATION CO., LTD. CANTON-WUCHOW LINE.
8.8. BLINAM, 588 tons, and 8.8, NANNING, 569 tones
One of the abov. Biener leave Canton for Woehow every Monday, Wodnmany sad Friday" at about 8 m., and the other leaves Wuckow for Canton on the mine days 118.30 km) Bound trips take about 5 days. Passengers can return to Hongkong or vice verse by the Cosapany's direct Steamers LINTAN and BANUI. Thees vesele have emperic Cukin sanozimedation and are lighted throughout by electricity, Electris Fan in onei Chižnj
Sooking Office open daily (Bunday excepted) 8 am to 5 pm, Further particulars may be obtained at the Office of theme
HONGKONG, CANTON & MAÇAO STEAMBOAT 00., L Hotel Mansions (Tient Floor), opposite the Blako Fiore
Drink Wisely
MONTSERRAT
Lime-Fruit Juice.
I don't care two straws for any but MONTSERRAT Lime Juice.
It's a fine healthy, cooling, and refresh. ing drinks, and keeps me fit in the hot weather,
MONTSERRAT is sold by all-leading - Starekrepres
No comments yet.
Private notes are available after approval.