1927-12-31 — Page 14

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THE HONGKONG TELEGRAPH,

ECHO OF LOCARNO.

ECONOMIC PEACE AND SOCIAL LEGISLATION.

[By Dr. Oskar Wingen.]

SATURDAY, DECEMBER 31, 1927.

MAMMOTH LINERS,

GIANT SHIPS FOR THE ALTANTIC.

60,000

TONNERS."..

As Germany's foreign secretary, Plans for mammoth liners aro Dr. Gustav Stresemann, has stated being matured by two compautes- In the Assembly of the League of the Cunard and the White Star Nations and elsewhere, the simines, According to the figures of German foreign policy is the mentioned they will be the largest establishment of general peace as

a basis for the close co-operation ships in the world.

of all countries in the cultural It is stated by the Daily News progress of the civilized world that the White Star line has actu In pursuance of this polley, de-ally placed an order with Harland feated Germany, recognizing that and Wolf, the famous shipbuilding the vast military armaments of firm of Belfast. France proceed from, a sense of Although particulars of the being menaced, gave that country vessels have not yet been repealed, in the Locarno Pact of October, it is known that she will be larger 1925, a most complete and reliable than the Majestic, which is 56,- guarantee of the inviolability of 560 tons, and at present, the big- her territory. Moreover, Ger-gest ship afloat. Mr. Franklin, many, in harmony with her policy president of the International of peace, has totally disarmed. Mercantile Marine, which operates Her once so powerful war indus- the White Star. Line, has let it be tries have vanished; and gigantic known that the new vessel will works, which formerly turned out have a greater length than that of nothing but artillery and the Majestic, which is 956 feet similar instruments of destruc-from stern to stern. The extreme tion, are now devoted to the manu length of the new ship may there- facture of locomotives, agricul tural implements and typewriters. fore approach 1,000 feet.

A fact not hitherto disclosed is This policy of peace smoothes that she will-be-driven by internal out the diplomatic differences be-combustion engines. That oil mo- tween nation and nation and, at tors should have been chosen to the same time, lends to peaceful drive the world's largest ship in international co-operation in the preference to steam turbines is a spliere of industry. Germany signul triumph for the Diesel sys- participates with interest and tem.

success in international congress The largest motor ship so far whose purpose it is to promote built is the Italian liner Augustus. the trade of the world and thus of 33,000 tons, but the tonnage of increase general material well-the new White Star motor liner being. With this in view, she co- may be nearly twice as great. operated in bringing about the

No information us to her speed" resolutions of the, World's Indus- trial Conference at Geneva lastnilable, but apparently it will be remarkably high. The May. But more than that, the pot. German Government was one of keel is to be laid at Queen's Is- the first to adopt those resclutionsland, Belfast, as soon as one of s determinative of their foreign the big, slipways becomes vacant. trade policy and to instruct the The laying down of this vessel will Reich's Economic Council to en-be an event of outstanding import- quire into the extent to which the nace in the history of shipbuild- German customs tariff might being." curtailed.

The Cunard Plans.

Sir Alfred Booth, director and chairman of the line and two other high officials arrived recently to attend the gathering, which will hear all the financial and technical details. The vessel will be built on the Clyde or the Tyne.

Again, a large German delega-

So far as the other Company is tion took part in the Congress of concerned, the Westminster Gazette the International Chamber understands that u meeting of the Commerce at Stockholm in June Cunard Line authorities is to be and July this year. A like in-held in Liverpool to discuss the terist is taken by Germany in the construction of a 60,000 ton, 1,000 efforts of the International Labour feet long luxury liner for the Ame- Office at Geneva. At the last. In-.

rican passenger service. ternational Labour Congress, gen- ernl resolutions were adopted concerning the carrying out of sick insurance, their prototype being the German sick insurance scheme: The greatest stability of international traffic is essential if manufacture and commerce are to prosper. Recognizing clearly this important fact, Germany aims at concluding long term commercial treaties with all countries. One such, viz., the treaty concluded with France last August, is de stined greatly to further deonomie relations and political relaxation between two nations who, only fea From the engineering point of years since. were the bitterest of view the plan is of vital interest, enemies. The loyal fulfilment of as experts had expresed the view the Dawes terms, ie.. the payment that the limit of bigness had been of the heaviest war contributions reached in shipbuilding, and that. known to history, is a further a 1600 foot vessel would break its example of the peaceful economic back. policy pursued by Germany.

This move represents the Cunard Line's reply to the challenge which has come from the Con- tinent in the North Atlantic trade. It also indicates a conviction, ex- ! pressed by one of the Cunard Line officials, that the passenger traffic. will continue to expand.

The cost of such a vessel will

Particular thought is.devoted to be between £5,000,000 and £6,000,- the question of international ar-1000. bitration. Both the Dawes Plan

International competition among and special political arbitration the big European shipping firms treaties with other States are in-has been growing more and more tended to prevent the development acute. The chief object is

to

of bellicose complications and the capture the "luxury" passenger sudden outbreak of war. These trade-notably that of the North efforts of the German Government Atlantic.

an No Continental company has ap to secure world peace by economic process and efficacious yet a vessel that equals the Ma- support in the endeavours of in-jestic or

size, Berongaria in dustrial circles to reach amicable although some of their new ships arrangements with the industrials have taken them into the 40,000

ing immense economie values in

The Biggest Vessels.

of other countries instead of vest-ton class.

costly economic struggles. A case

in point is to be found in the

repeated and exhaustive negotin

The biggest merchant vessels

tions with representatives of Bri-in the world to-day are

tish industry in the spring and Majestic.

autumn of the present year.

Leviathan

In her home policy, too, Ger- Berengaria

seeks to promote social Olympic

Tons.

56,551

54,282

52,226

many

46,439

peace and to improve the position Aquitania of her working classes. For this Ile de France purpose, the Reich's Economic Paris

45,647

43,500

34,569

Council was, provisionally created Homeric

34,363

for economie parliaments in many

In May, 1920; it became a model

other countries, and it has proved

80 Ruccessful in reconciling con-

Until recently not a word of any

flicting economic interests that it European language appeared on

is about to be made a permanent Afghanistan's numerous issues of intro- postage stamps, but on a new institution. Further, the duction on October 1st. of con- series, the words "Postage-Af pulsory insurance against the ghan" appear in addition to the effects of unemployment con- qative inscriptions, an alteration stitutes an important advance in which may be taken us a com- social legislation and is likely to pliment to England. The value of find imitators among other coun-the new stamps is expressed in "pools," 50 of which are equivalent tries.

"Let him who leads in industry to 33 of the "paisa," the unit of have the lead: let him whose currency shown on earlier stamps. mental and manual co-operation

is indispensable to success in

labour have his just reward; give form the, leitmotiv of German him his proper social care! For social polley, a policy alming at this a common loading-line of the improvement of the "social social burdens is necessary so that status of the labouring classes of fair play may prevail in interna-Germany and, indeed, of the civilized world as a whole. Such tional competitions."

These words, spoken by Dr. a policy involves the adoption of Stresemann at the Assembly of the Locarno principle, not merely the League of Nations at Geneva in political affairs, but also, and in the autumn of the present year, in no less degree, in matters of

industry and commerce,

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