1932-03-16 — Page 14

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THE HONGKONG

THE FAILURE OF CAPITALISM.

THE REV. E. L. ALLEN'S INDICTMENT.

ROTARY TALK.

TELEGRAPH. WEDNESDAY, MARCH 16, 1932.

capitalist system, but I will content myself with a brief reference to three of these.

To begin with, capitalism has failed where failure on the part of an economic system is unpardon- ble. It has literally failed to do

goods. The task of an ilver the economie order is not merely to make goods on a large scale and nt low prices, but to sell them, and to lo that it must see that the peonie have money with which to buy

noda. The money is just what they have not got. There is a thortage, not of goods nor even of people who would like to possess tremely thought-provoking address them, but of purchasing power in nt yesterday's Rotary lub the hands of those who want the

A atrong indictment against present-day capitalism was made by the Rev. E. L. Allen, M.A.. Ph.D., Dastor of Kowloon Union Church, when he delivered an ex-

held at Mesars. Lane

of

Sir William

goods.

ac-

of

that of comparativo margins private proft. In short, if capl- talism does not reduce unemploy- ment, mankind, which

la fast weaning Itself from feudally-on- gendered patience will abolish capitalism and replace it with a one clumey and a more perfectly co-ordinated economic system."

The important words there are the Inst ones. "A less clumsy and

Capitalism

mora

THE DIOCESAN CONFERENCE.

BISHOP OF VICTORIA REVIEWS POSITION.

A survey of the work done in the Diocese during the last twelve

FLATULENCE IN BABIES.

First and foremost among the troubles of babyhood aro digestive derangements, usually manifested by distressing attacks of flatu lence. Bealdos the primary aerious- Ress of the mal-nutrition, there is always danger of convulsions if

economic ayatemco-ordinated years, this being the length of his the child la unable to expel the

we can

term of office in Hongkong, was given by the Bishop of Victoria when presiding for the last time at the Diocesan Conference, which commenced at St. John's Cathedral Hall yesterday evening. The con- ference is a two-day event and will be conilnned this evening-

accumulation atomach.

of

дав In

can

the

In order to ensure normal di- gestion you should givo Baby's Own Tablets, the remedy spacial-

children up to six. These pleasant- ly prepared for bables and all tnating little tablets, which His Lordship referred to the be given without trouble, are in- diminution of foreign clergy, nay- ing that the Chinese Church, at valuable for correcting atomach bowel troubles generally. the present time, unquestionably and

Own Tabletя are also needed the nasistance of western Baby's him most anxiety was the deeresse colds, rolloving croup, checking clergy. He added that what gave rapidly effective for breaking up the number of foreign mis-diarrhoea and alloying feverish- sionary clergy

serving in the

noss. During thething the tablets. are especially valuable, for their He further said that where de- settling effect on the

stomach finite progress did seem to have

removes the cause of the pains. been made was in the matter of

and thus enabler baby to enjoy building, and although he did not velopments, sume of which were Tablets are guaranteed to contain claim credit for any of those e-health-giving sleep. Baby's Own done before he became Bishop, it no narcotics or other harmful had been a great encouragement druge, but comprise the prescrip- to witness auch growth and the tion of a qualified medical practi-

done by splendid work people in securing those results toner of special exerience in

children's ailments. Officinis Elected,"

anarchy, the blind hope that out of the chron of competing units will, nomehow, arise the there common good. If we continue on this road it will lead us, sooner or later, to beggary. But there is an alternative and what that is Hero, it seems to me that Mr. Russia has shown us, Crawford's Restaurant. under the chairmanship

1. A. Hobson's analysis is as sound

Russin's Lesson, na nny. In a time of industrial Hornell,

which The new idea After pointing out the disastrous rosperity wealth tends to results of economy and rationailan-umuiate in the hands of the in- learn from Ruania is not com

munism that may or may not buy tlon, the speaker suggested the vesting class, who use it to dira necessity for economic plan- machinery to make goods and yet have value for us-but just the conception of economic planning, pro-

roof the deliberate control of the ning, first on the national and then more goods. But too small

Income we on the international scale: plan portion of the national

economic forces which opera Diocese. ang designed to ensure that con has gone Into the hands of the within the borders of a

others who for the common good of its people. numption kept, pace with producware-earners and tion and that the process of put-want to buy those goods, no that Russin'a plan ta for Russia only, ting goods on the market did, they have not the purchasing. of course, and

nny plan which rower to take them off the markel, | other countries might adopt would | Heace those periods of gintted markets and unemployed workers, to be framed with their own

conditions in view, of poverty mid plenty. through But the iden of a Five Years one of which we are passing to Plan has come to stay. Let there ben scheme drawn up by the best brains the country can command: In the second place. I see

in let it have, in view every aspect capitalism & bankrupter of Ideas, Inf the problem-the production of

has no remedies to offer except consumption and capital goods, The Rev. L., N. Watkins who was than would make the lease the provision of credits, the edu

not present owing, to illness, was worse even than it is. The two fcation of technicians, the housing re-elected Honorary Secretary, and of the people and so on, and let | Mr. Paul Barker was elected Trea every section of industry, lustend

Messrs. Thomason and Com of oing off on its own in

search

pany were elected auditors. of private profil, be so directer

The following were elected to the that it will contribute its quota

Bishop, prosperity, with

to

turmbere

Bankrupt of Idens.

are

over-

Ruter.

many

The Dean, the Honorary Secretary being ex-officio and Treasurer

Revs. C. L members. Clergy, Blanchett, G. K. Carpenter, N. V award, W. W. Rogers and G. T. Waldegrave. Lay Representatives, St. John's Cathedral, Lady Pollock, Professor L. Forster and Sir Henry Pollock, K.C.

the same time, give people power to buy them.

He concluded by saying, "I se authing in Christianity which should make it more opposcil communism than to capitalism. | day. The future of elviliantion depends. I would suggest, on our ability to effet a reconciliation between the ieval of individual liberty on the Pronomic one hand and the new Forces on the ather, which are at work in Soviet Rusula."

emedies which it penpase New Members,

neonomy and rationalisation Eronomy has been

tried The following new

herofcally in Germany: Mr. J. M. were welcomed. Dr. it. A. de Costines tells us that no country Hasto, Mr. M. Manuk Land Mr

Executive Council, the as ever accepted surb a regime to the common 1. M. Goodall.

of hardship and sacrilen as she the minimum of waste or Non-Rotarian visitors wel.

We And lapping.

have too long al-

romed were 114

follow. Faldas Imposed upon herself.

so what end? In spite of all the lawed economic forces to control Lieutenant R. 1. Trevathan, M.C. reduction in wages, the drop in

The time has come when we H.M.S. Hermes, Mr. W. 1. Hands prices, the acceptance of a lower must assert our right to control them and anke them serve us by site (Hongkong), Mr. J. Ehrhardt

building for UN a better Rocial (Shanghai), and Dr. F. S. Thang standard of living, and the aus- pension of trade union regula. (Shanghai).

tions or perhaps because of all order. these things-business remains at

standstill and the misery of the Let me anticipate one objection, people only increases.

nid a while ago that individual itationalisation is equally dis-liberty withered under capitalism. true of Soviet for is not that also astrous. As it in praclined, example, by the

Russia? Certainly

true: it in rallway com. anies and other great combines and yet 1 suggest that, in this England, it deliberately aims Russia's guilt is less than ours, for she never benefitted as we have

great d'apensing with labour and ao

done by those two adding to the volume of 11-

the movements, the Renaissance and ployment and poverty in

the Reformation, which country.

the supreme worth of personality But the fact remains that for and its right to self-expression, those who believe that individuality is the spring of all progress and that a suciety is to be judged by the room It gives to the develop- ment of the Individual, there is no satisfaction in the communist, any more than in the capitalist state. In We need a new kind of state.

the Boria! control of which economic forces and the freedom of the individual can co-exist.

The Chairinan following Rotarian

welcomed the Kuests. Mr.

}

T. Fox (Bangkok), Mr. C. J. McCarthy (Shanghai), Mr.

Alr. II Margown (Shanghai).

C.

12.

Sandor (Shanghai), Mr. A Shistor (Singapore).

Mr. แ Schrader Liege, Belgium).

Mr. Fox said that the Presiden! of the Bangkok Club had asked him to convey his personal greet. ings to Hongkong Rotarians whom he met about a year ago; also the vrrelings of the Bangkok Club to the Hongkong Club, with the hope might be that in the future it pessible for the two Clubs to get into closer contact,

Dr. Allen's Address.

New State Needed.

If, as I have urged, what is wrong is shortage of purchasing nower, then any policy which fur- her diminishes that power, as by wage-reduction, increases in the ot of living, or taxation of the tower level of incomes, only serves The speaker said:--If I were too aggravate the problem. rhome a sub-title for my remarks, Enemy of Human Freedom. I think it would be "After Capital.

The third charge against Isan what?" During the last hun capitalism is of a different order, dred and fifty years the western It has always midle a certain moral world lived to 2011 increasing extent under the indinener of the claim: it has claimed to be the one way in which individual initiative capitalist system: to-day that and enterprise can be encouraged.

whing the point of dis

But capitalism, as it exists today. is the enemy of human freedain and has given as the slave atate in one of its worst forms. The great ag to put a liter one in its place. industrial countries give the people but the possibility of its re-birth. During its reign of a contury and democratic institutiorm and then it is not easy for us to learn a half, the capitalist system has semilance of power, but the reality from a nation which we have 40

long regarded rought many benefits; it has tre of it is elsewhere with impersonal proved communications, popularis.

integration and the future of our i civilization depends on whether or not we have the wisdom and cour-

1173-

of life and given to the massos a degree of personal comfort known previously outside the pri- vileged classes.

person. You cannot raise an army

Net n Denth-Menace, Lord Lothian, on his return last rear from Russia, said he was con- vinced that what he saw there was not a death-menace to civilisation

# thin

comman

St. Andrew's Church, Mr. J. W. Baldwin and Mr. J. H. Hunt,

O.B.E.

St. Peter's Church, Mr. R. Ash- ton Hill and Miss R. Mow Fung.

The budget for 1932, which calle for an estimated expenditure of 88,230 was accepted.

CORRESPONDENCE.

Acknowledgment.

[To the Editor. Hongkong Telegraph.]

الا

de

Monsieur la Directeur.J'estime de mon devoir, en min qualite Consul General de France, de vous exprimer mes sentiments de re- connaissance pour l'article que vous avez bien voulu, spontano- ment, consacrer a la memoire de President du M. Briand, ancien Consell, et Ministre des Affaires Etrangeres de la Republique.

I etait equitable qu'un hommage unanime fut rendu a l'ouvre d'un homme qui, dea le lendemain do la Grande Guerre, s'est devoue a la des du canise

rapprochement

coordonner

ed knowletige, raised the standard/conomic forces, The reason why enemy of mankind. Yet we must peuples, et s'est adonne a la tache,

men do not rebel today is that the learn this lessori of the dire neces-nable entre toutca, de

tiemy is a thing rather than nsity for economic planning, first tous les efforts et toutes les aspira- on the national and then on the tions des hommes de bonne volonte

seafe: international

planning en vue d'etablir. contre vents et designed to ensure that consump-

marces, sur des bases solides, le tion keeps pace with production, havre de la Paix. that the process of putting goods on the market does at the same time give the people the power to

Ominous Signs of Disaster. But perhaps it might be a little nearer the truth to say that most of these benefits have been wrung from capitulism by the organised action of the workers, backed by the rumsrience of the community in the To-day form of state interference. this

vast and imposing edifice giver ornings of impending disas

sigras ter; it in threatened slike from within and without. It has shown itself to be utterly unable to meet the needs of the world situation in which we find ourselves, and it is being challenged in an altogether new way by the fact that Russia has set out to show the world that there is an alternative to it.

There are many counts in the in- dictment which tho times in which we live are bringing against the

SALESMAN SAM

or

against the gold standard or the rate of exchange the price- level, but these are the masters of our destiny:

I was tempted at one stage to give way to force of habit and take a text. I have not done so. buy them.

and I will read you the words I

Perhaps few convictions are the might have chosen for that pur-more deeply-rooted to-day in

They are the words of an minds of the ruling, the possessing, Amorienti

economist, Professor and the educated classes through-

Douglas,

Veuillez agreer, Monsieur

de Directeur, les assurances consideration tres distinguee.

Le Consul General de France, G. D. DE LA PRÁDE,

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In expressing the Club'a thanke to the speaker Rotarian D. M. Maynard said he thought on the

out the world than that there is a hand and the new economic forces relation of necessary antagonism on the other, which are at work in Is of Capitalism.

between the religious and moral Soviet Russia. "If mankind must go through tradition of western Europe and such great periodical sexes, if the economics of Soviet Russia. men must starve because there is believe that this is a great mistake. too much food, go naked because I see nothing in Christianity there is too much clothing, and which should make it more opposed sleep in the parks because there to communism than to capitalism, whole, that he agreed with nearly is too much housing, then

the for

future example. The

of everything that the Rev. Allen had told them, and expressed the hope masses of sensible men and wo-civilisation depends, I would

that the speaker might be able to men will create a new economic gest, on our ability to effect a re- system whose governing prinei- conciliation between the ideal of extend his subject further

one Tuture occasion. ple will be something other than individual liberty on

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