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THE HONGKONG DAILY PRESS, THUESDAY, JUNE 1948, 1919.
COMMERCE AND INDEMNITY
REBUILDING INDUSTRY.
Over one hundred Chambers of Com-
THE EX-KAISER CAN BE PUNISHED.
A HISTORIC PARALLEL
KUKLIBEN.
merce were represented at the fifty-ninth (ae RNCES GRIBBLE, A FORMER PRISONER AT annual meeting of the Association of Chambers of Commerce of the United Kingdon, held at the Connaught Rooms. on April 15th Mr. E. Manville, M.P.. the president, was in the chair.
1
The ex-Kaiser and his friends tell us that there is no precedent for sending a European Sovereign before a tribunal to be judged for acts of State," however abominable these may be. But there i precedent and a fairly modern one tor
Has the Kaiser, one wonders, ever re flected on the close resemblance which hig case bears to that of King Joachim of Murat, who met Naples, better known
violent death at the bands of a fring party 1
The President, in his opening address, said that they night congratulate them- selves that the organisation of the nation for the production of the infinite variety of articles required for the war had re sulted in the equipment of our engineer ing workshops with the most modern pes of machinery, and in the enlarge. iment of these shops und of others, se that,
Murat's relations with Austria in the if full advantage was taken in the future! of the facilities thus placed at the dislast years, of the Napoleonic ware were posal of the country, we were equipped very similar to the Kaiser's relations with
Belgium. for a far larger and more efficiently pro duced output than we were able to con
template in previon times. Foremost in the terms of peace, in the view of the association, was complete reparation of the devastated countries and the payment of indemnities for the costs of the war. (Cheers.) It was their conviction that a full, claim should be made for all those costs and the enemy The iqreed to agree to Then it could be seen to what extent the bill could be met, and payment should be enforced to the last shilling which was obtainable. (Cheers) was our right and uven. our duty to see that the burden. felt as far as was economically possible en those who provoked the war and waged it so destructively.
APPEAL. TO TRADE UNIONS.
Y
Just as the Kaiser was pledged by trait, au Murat, in his capacity as King
to respect and defend Belgian neu of Naples, was pledged by a treaty, signed in January 1814, to live in peace with Austria, to fight as Austria's ally, and to enter into nu separate negotiations with Austria's enemies. Just as the Kaiser tore up his treaty and attacked Belgium, h did the King of
Naples
Sear up his treaty and attact Austria. Just as the war of 1914 ended unfortunately for the Kaiser, so did the the war of 1815
unfortunately for the King of Naples. And then
L
of
Well, the King of Naples, having gone, like the Kaiser, into exile returned from it and found another King-the nominee of the Austrians, kept in his pince by Aus
bayonets- od: the throne, and that The Government, and indeed the whole
very short shrift." country, realised that better conditions there was no question of expelling or must be provided in the lives of the State dignited by the name of con- workers of the nation, but the high coat spiracy, or treason, or usurpation. He of living, mad the abnormal conditions was on his "trial contemptuously as the direct result of the war--had proa disurier of the peace and for that duced grave oprest among that section of offence he was shot on the esplanade at the population Progress could only be Fizzo permanently achieved if the ears could
dt is a fairly close parallel-quite close
of it. He, like the King of Naples, is a x-Kaiser pake at night, if he is, ware insurer of the peace"; he, like the
of Naples, broke a treaty in order
to disturb the peace.
be produced wherewith to pay for it.nough, one would imagine, to keep the (Hear, hear.) It was an incontrovertible fact that in the past the workers of this country had failed to put forward their best efforts at their work, and on the con- trary, ag a matter of policy, had limited their possible output. Referring to the recent danger of industrial strife, Mr. | Manvil said that fortunately the Government acted with wisdom in calling together the great Industrial Conference,
The rest is in the lap of the guis ph of the Peace Conference, which doubt- less has this footnote to history before it
Daily Mail.
the deliberations of which were already industries. He was connected with farm- benring fruit. Employers were very willing and the farmers were a great poli- ing to contemplate a permanently bigbertical power, but so far is be could see standard in the rates of wages paid, and they had paid no excess profite tax. The a lower standard in the number of hours excess profits tax in his opinion was bad worked, but we were bound to look at the in that it prevented development of busi- possible effect which that might have ness and checked enterprise. upon the prosperity of the country. "White it might be possible to exist or the home hiarkets to a large extent, it was. hos, in his opinion, possible to bring those great reforms into being and to cottine them, withou: the proats deriv
Sir Algernon Firth, moving a resolu-i tion which asked the Government to make arrangements with the Governments of the Dominions and Allies to avoid the du- plicate payment of taxes, cbserved the position was that those who had busi-
ed from one large export trade. (Cheers.)reges in Allied countries or the Domin- He hoped that the new conditions which ions had to pay double taxes for the same now confronted us would not only causo war. When, for instance, the American the trade unions to remove their restric Government levied 52 per cent and the tions is to output, but that the leaders in British Government levied 521 per cent. ihe trade unions, would see to it that on what was left, there was not much their members were made fully acquaint ever. (Hear, hear.) If that double taxa- ed with the absolute need for a reversaltian was going to continue people would of the former policy of restricted output.feel it was no use baring businesses out "(Cheers). If we could rely upon the of their own "country. Was it to the efforts of the workers the prospects of our advantage of this country that met export trade were remarkably good. It should have to close their businesses was for the workers to decide whether or abroad? They brought a certain amount not this country should share in the times of good trade that were before us. (Cheers.)
of revenue here, and we wanted to attract capital, not to drive it away, "(Hear, bear) The natural result of that taxa It was satisfactory to know that provi. tion was that a Colonial business, having sion against dumping was receiving the a bend office in London, would close that earnest attention of the Government, office down and conduct its business else and the decision that Imperial Preference where. The tax should be paid only where should be an outstanding feature of its the profits were earned. (Hear, hear.) immediate policy had given the greatest Mr. H. S. Clepban (Newcastle) moved satisfaction to those engaged in commerce that every trading organisation, co-ope and industry in Great Britain and in rative or otherwise, should contribute. the Colonies. (Cheers.) Whatever might equally in the form of income-tax to the te the result of the indemnities claimed State for national purposes. The co-ope from the enemy countries, it was certain rative movement, he said, had a turnover that the greater part of the debt in-of £1,000,000, and was earning from curred by this country must be redeemed arventeen to eighteen millions. a year. by ourselves now and in the future. There That such a great organisation should was but one way in which that could enjoy immunity from the payment of be achieved-greater productivity-and income-tax. seemed like preferential it rested with Labour and Capital treatment. (Bear, bear.)
London Musgrave (secretary, to so co-operate as to produce that result, which would secure the future of the Chamber of Commerce) seconded, and the British Empire, · (Cheers.)
motion was carried.
SPENDTHRIFT POLICY.
Mr.
Mr. Moore (Liverpool) proposed "That the Association of Chambers of Commerce" of the United Kingdom is fully in accord with the recommendations made by Lord Cunliffe's Currency Committee, that the gold backing for the paper currency should be re-established as quickly as pos
The Luton and London Chambers joined ina resolution, unanimously adopted, urging that the House of Commons should resume control of public expenditure, and that the present unemployment dona tion should be abandoned at the earliest sible." possible moment.
NATIONALISATION OF MINES
Mr. F. G. Higgins, The resolution was carried by a large the mover, remarked that the underlying majority. principle that seemed to have obtained. with the gentlemen who had been respon Mr. A.J. Hobson (Sheffield) submitted sible for creating new Ministries, de- the following: "This association is of partments, controls and restriction comthe opinion that nationalislation of coal mittees was that of the spendthrift. They mines is not the best remedy for the bad been ready to adopt all sorts of wild alleged present wasteful methods of work and risky experiments, and the last con- ing or distribution, but that efforts sideration that entered into their heads should be directed to economies and better waz where the money was to come from management without introducing the new The unemployment donation scheme had clements of waste that are certain to arise been conceived in a most hasty and reck under nationalisation." He described the less manner. It was demoralising and Coal Commission as a kind of reconcilia- degrading to pay men and women for tion meeting in an industry at which doing nothing (Fear, heur.)
capital und Jabour' were represented an. Sheffield-and-Newcastle-brought for der a neutral chairman. There was not ward a resolution urging the modification sufficient representation of the consumers. of the excess profits tax for the next (Hear, heir.) He very much feared financial year, and Mr. A. Balfour nationalisation, and thought that under. (Shefeld), who moved it, said that it we should find ourselves in a state of during the war they had shouldered the semi-famine in regard to coal, for he burden, and unless they now got some could not imagine the Government sanc breathing spaces and redress it would be tioning new capital for fresh pits unless impossible to spend money on the recon- there was a scarcity of coal. He greatly atruction of business. (car, hear.) It feared the deadening band of the State would be unfair if the Government, in the control of, any industry. (Hear, having skimmed all the cream off the milk, hear.) The last instance of nationalisa should step out and leave the whole tion in Great Britain was the telephones, burden of the re nstruction of trade to and the profits now shown were a year the traders.
£100,000 on £27,000,000 capital. If Lord Joicey, seconding, pointed out that had happened in regard to the tele that some industries had not paid excess phones, what would be the result of pat profits, and the justification for any taxing more business under the Govern- thould be that it equally applied to all menta
Mr. Murray (Glasgow) seconded, andj (Vontinued at foot of next column.) the resolution was carried.
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