1933-10-10 — Page 6

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The

Hongkong Telegraph.

TUESDAY, OCтONE 10, 1933,

THE DOUBLE TENTH CELEBRATIONS

NOTES OF THE DAY

BRITISH CONFIDENCE

With n now spirit of confidence spreading fast through Britain, no- one is particularly surprised to find that it is the Government that 18 lagging behind. No lead in forth-

coming to stimulate the movement,

other than words consisting chiefly

of claims that Government policy is reaponalble for the marked upturn la trade. It is fortunate, perhaps, ready for more complacency and are taking decisive steps to hasten economic recovery. Hundreds of local authorities are cancelling the wage cuts which they imposed dur- ing the "economy crisis." More than 110 of the local councils that cut teachers' salaries have restored

that local governments are less

that part of the cut over which they and not the Education Department, have control; and nearly 120 more have modified the cats. Luton Town Council not only restored the cuts without a word's discussion in the Council Chamber, but decided to grant increases to some officials. Cities are following the lead set by smaller councils; and at Birkenhead the Corporation intends to restore the cut in the wages of 'busmen, These are better signs than graphs and statistics.

DE VALERA'S DILEMMA

+

PROBLEM OF PUBLIC WORKS

THE CASE FOR A MODIFIED PROGRAMME

By SIR ARTHUR SALTER

lieve unemployment?

other hand,

The Very Idea!

AND WERE WE ILL?·*. By Edward MacKelly, Music Lover

HELLO, children! Meet your Un-

Eddie Just back from the Jaws of death, having successfully fought, during the past five days, bouts of malaria, prickly heat, dellrum Iremens, doctors, nurses, quinine, old age, and other diseases too numerous and ghostly to men Ilon.

:

Bther let us pay a com-

EFORE we go any fur-

Does the present economic various ways, dislocate economic

the activity. On state of England justify a public expenditure, at the time it is reluces unemployment programme of expenditure incurred, increases employment on public works, even though and.

charges; Increases purchasing that expenditure would re- erentes an extra comand pliment to the Telegraph which gives a stimulus over an ex-staff, which, by working This problem is dealt with panding circle of private enter night and day, snatching a

prise; and as the expenditure is in the following article by normally financed by loans, at least mouthful of food when it Sir Arthur Salter, the pro- the immediate effect is beneficial, could, working until it fell minent economist, who states This immediate effect has to be exhausted under its type- weighed against the later dis the case in favour of certain advantage of continuing loan writer, by sheer grit, perse- schemes. To-morrow. S i charges,

verance, and going without a In these circumstances, not the shave, managed with the Ernest Benn, another well- "now economics," but orthodox, known economist, will reply, and practically undisputed, doctaid of a miracle, to keep the rine prescribes that public ex-Presses going during our ab- believe that, at the presentpenditure, so far as it can be re-sence. We just returned in moment, a considerable expan-tarded or accelerated by suitable time to prevent a mutiny. elon of public, work is desirable, timing, can serve as a very useful It all started through us and am glad to have the opportuni corrective to the movements of having to attend some Scottish the trade cycle. At a time of in-dances at Volunteer Headquar- ty of explaining why.

I am not advocating "rellef dustrial expansion we ought toters one day last week. We work," that is, work not needed for restrict public expenditure and weren't fooling too well when we its own sake. I am not urging strengthen our financial reserves arrived, and we felt decidedly public enterprise as a means of re during the downward movement of placing enterprise and as an Instal the cycle (especially towards the worse when the bagpipes did. ment of the Socialist atate. I am latter part of that movement) we not now contending that the ex- ought to absorb some of the. con- started off with afteen grains of pansion, or maintenance of a high sequent unemployment and unuti- quinine, and the doctor insisted level of public expenditure on llued capital by making up arrears that it was this that was making. national development, is good at all of werk and anticipating future our cars ring. times. I am not urguing that the needs. purchasing power and demand

So we went home to bed, We、

We tried to tell him it was the bagpipes, but we'd picked the

created by public work, both direct- Now let us consider this india-wrong doctor. ly and through such a chain of in-utably sound doctrine in relation "Hoole," he said, "the mon's direct consequences as Mr. Keynes to present and recent circum-deleerious." has recently been picturing, nor-

So he gave us another Afteen

•

At the time of writing, Robert MacWhirter is not in the office, and there is no other Scotsman here big enough to interfere, therefore we say, without fear of contradiction, that bagpipes are nothing but a pain in the neck.

under

mally and necessarily bring nd-stances. The unemployment in this vantages that outweigh the dis-country in 1928 was due to other grains. General O'Duffy goes stumping advantages.. All these propositions caused and not to the downward have their advocates, with whom I movement of a trade.cycle; on the

Bagpipes may have advanced the, the Free State rallying support am not concerned at this moment contrary the general movement The Double Tenth is round for the new United Ireland Party either to argue or agree. My of the cycle was then upward. lain-cloth and tartan industries, present ambition is more modest; An expansion of public arork was but what other useful purpose again and China celebrates the and Mr. de Valera does nothing, my argument more modest. 1. be-not therefore at that time the ap-have they served? anniversary of the foundation of

except provide him with protec-lieve that, in present circumstances,propriato remedy. By 1931 the the Republic. A gala day, or

tion! It is n pointed commentary publle expenditure would be a world was in a depression. But just another holiday, for the un-

stimulus and help to private enter-the financial crisis was then the thinking many, one perhaps of on the change in Ireland in theprise itself, for temporary reasons dominant factor. British credit sombre introspection for the last twelve months. It is certain which did not exist a few years had fallen. The crisis resulted in as 'to apprehension period of industrial ex-legitimate entered arbiters of the

country's that Mr. de Valera does not stand go, and would cease to exist if we the fall of sterling and there was whether this fall could be kept destinies. For beyond the day, to-day in the tactical position pansion.

within reasonable limits. Such a the anniversary itself, there re-which, less than a year ago, en- The depression, whatever its wituation naturally led to restrict- Last Thursday was an instance. mains little to celebrate. Itsabled him to dissolve the Dall at causes, is in its actual character ion, not expansion, of public work we were inveigled into attending recurrence merely emphasises the first hint of a united Opposition capable of very simple statement, and commitments. A polley of Volunteer Headquartere

The functioning of the economic restriction was begun, which is be the impression that it was a free the slowness of the development and to catch his opponents un-machine, practically everywhere inx continued and is now having bean-feast.

We had our first misgivings of the ideas and ideals that prepared. Also, it remains to be except in Rusia, depends upon the its maximum effect.

prospect of profits to individual But, in the meantime, the aitun-! inspired the revolution, the seen whether, the situation has businesses, in other words open tion has changed, and in practical-when we saw a dozen men cavol- country's lack of readiness to more closely united Mr. de Valera prices being higher than costs. y every respect is now favourable ting around in skirts.

There were six bagpipes, three The depression consists simply into expansion. British credit has take full measure of the op- and the Irish Republican Armythe fact that, over a large range of been restored, and now stands the big drums and three bigger drums. WHEERA-WHEEEEEEEDE- the past yields much the same

have become higher than prices version operation has been carried WIIEERA-WEE. It was the bag. results whether it attempts to

because many charges on a business through, and the rate of Interest pipes.

The players commenced mar cover the twenty-two years of

(in respect of debts, renta, and is low for both publle and sound the Republic or whether it con-

rates, for example) remain high private issues. The large inching up and down the lawn.- fines itself to the last twelve

while prices (through monetary crease of deposits (and reduction and other causes) have fallen of bank, advances) indicates, WHERRA-WHEE.

More marching. Then, BOOM- months. There has been pro

The result is a restriction of activi- though it does not measure, the gress and there has been But they have served to drawty and unemployment.

Such a destructive disparity be existence of unutilised capital. BRAN. DIDDLE-IT-DE-DIT.

Our anxiety about the exchange

The drums had joined in the backsliding, Every forward vigorous protests from the I. R. A.tween costs and prices may be both value of the pound is rather lest

Moreover, this movement meets with check, itself.

semi- helped and hindered by public ex-It should rise than lest it should tender passages.

WHEERA -WHEEEEEEEE- attributable either to political military_group of the extreme penditure. Thus taxes, and still

more rates, resulting from pubile fall. The charges involved by

WHEEEEEEEEEEE-B RAM - intrigue or lack of preparation. Left, committed to the establish- expenditure in the past, increage unemployment are heavy, and the Stability is still lacking, corrup-ment of a completely independent the difficulties by adding to the actual extra cost involved to the

WHEERA-WHEEE........ tion rife; official posts are still Republic,

increasingly burdens on industry. At a time of public by putting men to work is

"Say", we asked, "how long does the reward of political allegiance, dissatisfied with Mr. de Valera's Industrial expansion, the issue of therefore much less than the cost public loans will increase the rate to the particular scheme. More-

can be this Inst?" merit or experience being of declaration that he must proceed of interest which industry munt over, much expenditure

"Shhhh" they said, "This is "step by step" in removing pay for its capital. Moreover, at a undertaken without involving an little importance. Yet there are

symbols of relationship with time of financial crisis, public ex-increase in taxes or rates, because the 79th March from Gibraltar." hopeful signs. If we point to the

"Why?" we asked. penditure which causes Budget de-public liabilities in respect of England. weaknesses, they

ficits may cause financial and past expenditure are being reduced at least

WIEEEEEEEEEELE- monetary strains which will, in (Continued on Page 5.) already recognised by the most

are

camps have been insuficient to convince his critics that he in tends to disarm the 1. R. A. In a manner similar to his banning of General O'Duffy's Blue Shirts.

appears

earnest elements in the country | RECONCILIATION and the urge to remedy is keen

and sincere; China's very plight

Yet reconciliation with England the settlement of the trade war

is bringing out the best in the best of her, men. The central growing out of Mr. de Valera's government will do things, with refusal to pay the Irish land an- the inspiration of Wang Ching-nuities due England appears to bo Increasingly favoured in mo- wei and the astuteness of T. V. Soong, if given the chance. Al-derate circles which have not been reassured by the decline of one- ready, the futility of attempt-third in the Irish Free State's ing government by decree is external trade in the last seven acknowledged; solid reconstruc-months. Admittedly the hopes of tion, politically and economically, the Cosgrave, MacDermot and! has become the new aim. The O'Duffy group to have Ireland- hopelessness of attempting to while free to make her own choles control the vast whole of China chuose to romain a member of from Nanking is at last con- the British Commonwealth has the ceded; minds are turning in the sanction of economic common direction of provincial and disease. Success of the new fusion trict autonomy, with a central depends on the development of a clear and convincing programme of administration responsible for

its own, as well as the ability, not the affairs of the State and always manifest in Irish politics, co-relating the activities of the to remain united after the oppost- units. Instead of a frontal tion perlod has passed. Whatever attack on the whole mass of the the political outcome, or wido problema before the country, significance of the present move Nanking is prepared to contentment may be, the prospects of itself with building-up a little resorts to force which have hung bit at a time. It is the story

of the Great War over again. The over Ireland in recent weeks have huge-scale offensives carried out lately been greatly mitigated. The political at enormous cost in the first emphasis now is on three years of the war failed to action. The moderation of a bud achieve any valuable results. It ding Fascism appears to have was the Foch strategy of nibbl-savod Ireland from much strife. ing that brought final triumph. There aro, beginnings to bo Indica- And it must be China's method tions that saner counsels will in the task of reconstruction. I provail.

"I like riling. It's about the only exercise you can take.

sitting down."

WHEERA -WHEEEEEEEE-

WHEERA-WHEE BANG-BING.

WHEERA-WEBEEE. Intorrup- tion from bagpipes.

Wo

"Well, for Crystlor Six"; said in our coarse way. So we left, taking our haggis and whisky with us.

Scotch music? TUSHI! (Tush is weak, but the Telegraph le à res- pectable newspaper.).

Hiking Incident

One of the most mysterious" holiday elimbing-tragedica is that of Jack and Jill, and frankly, we don't hesitate to suggest that there is something shy about it.

The meagre details supplied by Jill aro that they went up a hill with a pall, to get water. Some-. thing then occurred, and they both found themselves at the bottom of the hill again, Jill arriving a few seconds later than Jack...

Now the question le, did Jack fall, or was he pushed? If a who pushed him? We are

person told whether any other was present, and suspicion falls on Jill.

not.

And why did they take the pall up the hill? If they wanted water, overy experienced hiker know that water lives in streams, and streams stay put at the bottom of the hill. All you are likely to find on top is a Warning to Cyclists, or possibly an inn. II. rou ask me, we think, there was ono, and this explains the signifi... cance of the pall. What is a pint." between one thirsty hiker?

Anyhow, it illustrates the dan- gor of lotting two young people of assorted sexes roam about the countryalde together.