1934-05-31 — Page 18

Hongkong Telegraph 港電新報 士蔑新聞 All

THE

HONGKONG TELEGRAPH.

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THURSDAY, MAY 31, 1934.

NOTES OF THE DAY CHINA SCORNS

THE DOUGLAS SCHEME

The plan for "social credita"; to supplant the oxlating currency and banking system devoloped by Major Clifford Douglas, the Scott- ish engineer and economist, and

REVENGE IDEAS

By WILLIAM PHILIP SIMMS

The Very Idea!

NECK OR NOTHING

By George

LATEST reports indicate

that the nudist move-

generally referred to as the Douging CHINA would join neither sido sity, bave to save China along with ment is doing as well as can

Scheme, Booms to be gaining more serious attention abroad than in Britain. In Australia there are already over a thousand Douglas Credit Soclelles with a member-

in event of war between it." Russin and Japan.

be expected.

Mr. Wang Ching-wel did not It is naturally one of those So Dr. Wang Ching-wel, pre-

Dursue the subject sident of the Executive Yuan and There came a silence. Outside it others with the bare excep- further. movements that outstrip_all"

ship of 500,000, and New Zealand virtual Prime Minfator, told me, in was gotting dark. The room was tion of the opposition who

exclusive Interview at the has sixteen M.P.s cofumitted to its n advocacy. It will be interesting to foreign office in Nanking. observe the reactions of the United After Japan'a seizure of four of Statca where Major Dougins is now China's richest provinces, her at campaigning, although it has al-tack on Shanghai, and her hege rendy been indicated that the iden mony threat against all China, the has received sumclent support to world has generally believed that | lead to the drafting of a plan for China would jump at the chance

applying Douglas economics to the to help any country defeat Nippon,{ State of New Jeracy.

That would seem to be her only chanco.

sult Bix-Footer with lots of head and "CONSERVATIVE LENIN"

elbow room. Positively votul riding,

Call us up for a demonstration

Hong Kong Hotel Garage

-Stubbs Road.

the

Thongkong Telegraph.

THURSDAY, MAY 31, 1934.

FASCISM AROUSING

Major Douglas is a sort of "Lenin of the conservatives," who belleves that to-day's troubles are due principally to a mere technical defect in the present system of In- dustrial economic bookkeeping, and may be remedied by a peaceful overturn of that system without disturbing private ownership or any of the rest of the system of production and social life as they are to-day except banking and money. Ho believes that privato production of goods is best for the world generally that inasmuch as has shown the ability to produce more than is required, it should be let alone. This is where be differe from Socialists, Communists, Fns- elets, and other ints who con- centrate their panacens on secur-

ing control of the means of pro-

duction.

Somewhat surprised, I naked Mr. Wang why.

low

"China," he replied in a voice, "stands to lose in such a war, no matter which side w na.

EARNEST WISH FOR PEACE.

"Far from desiring war between Japan and the Soviet Union so we may nah in troubled waters, our most earnest wish is for peace.

"If Russia. should be decisively defeated, China would be left at

alling with deep shadows.

SHEY

MOVE OVER

In the gloom his low resonant are going for them bald- voice sounded prophetic. The headed. Chinese were an ancient race long before the coming of Christ and there was some of the accumulated wisdom of the millenniums it seemed to me in what he had said.

Hero

เด опо

of the most solemn warnings the world has had since President Woodrów Wilson told the peacemakers at

With the hot approach of the Paris that only a world leagued | sun, tha nudisti's thoughts together to insure peace could naturally turn to just how rude save humanity from suicide. he and she can be this season.

I broke the spell..

"So China does not expect to participate in a Far Eastern war to get back Manchuria,” I said.

"No," China's philosopher- statramon replied. "She lacks tho power. It would not improve her position.

"Besides, Manchuria has not

the mercy of a militaristic neigh-been taken from China. It la bour. There would be nothing to merely occupied by a foreign foc. Sooner or later the military occu- into pation will end and everything

prevent a further advance this country.

"Should Japan be defeated,

will be as it was before."

*

there would be nothing to check FIRM AGAINST RECOGNITION." our other powerful neighbour."

»

When summer cornes my

thoughts obtrude

On facing naturo in the nude,' (Oh, blushing onel) But when it comes to facing

others

Sisters And perhaps their

brothera

I must confess I'm fearful. For though by faith I'm not a

pruda

There are some people think it's

rudo

(Oh, blushing onol)

To dress like anybody's lovers With modesty our only covers And that a modest hairfull!

obscone to doubt them but we are still inclined to think there is more "China will never recognise the new status in Manchuria." repiled in the movement than meets the Dr. Wang, Henry Pu Yi In his│oyo.. swallow-tail coat as regent, or

Struggling along with not a rag DEMOCRATS

to their backs, the movement is yet China and Russia are now on ed, "that, China will eventually remains to be seen.

"There are rumours," I. remark- making good-though what, sill} The growth of Fascist props- | PILING. UP DEBTS

most friendly terms. But the recognize Manchukuo. That would

The nudists ganda in Britain is having the effect of creating

Chinese have been trained to think put an entirely new face on the protest that there is nothing more The Douglas theory is that where in decades, and even centuries. recognition problem for the other to be seen and it would indeed be A strong

the world has failed is in viewing Now and for a long time to come, nations." counter movenient amongst

the crisis as one of overproduction | China's security, in large measure. those who believe that the real and not primarily of under- depends upon some kind of balanco aim of the Black Shirts is to consumption. What is needed is of power in the Far East. destroy democratic sentiment to create credits for all consumers which will enable them to buy and put the process of progres- what is produced. The price of PINS HOPE ON AMERICA Henry Pu Yi in his Dragon Robes When so many narrow-minded, sive evolution out of gear. Un-anything, Major Douglas contends,

as emperor, is all the same to harping-carping, flouting-doubting "Should these two countries go China. He is still a traitor.

and other critics are bent on employment, low standards of must always, under the present

oratem, be A plus B-A being all to war, therefore," Dr. Wang con- life, and economic hopelessness wages, salaries, and dividends, and tinued, "China could hardly choose

crushing this little flower in its "When the military power that bud It is up to us to put our foot have, it is contended; prepared B being banking charges, taxes, sides. On the contrary, she would now sustains this puppet show the ground for the Fascist creed, raw materials, overhead. Both go seek to keep out of it and pin her falls in Manchuria, the puppets down, not forgetting to look before which is being made more at- into the price of goods. But since faith on the League of Nations will fall with it."

we leap. tractive by the wearing. of

only the

the A part is consumer pur- and America to save her from the

Mr. Wang Ching-wel is one of It is a shameful Indictment of uniform by its adherents, this chasing power, A can never equal aftermath

modern China's finest brains. Ha modern A plus B, and the difference niust

civilisation that while latter being an element in the continually be made up by money ost Chinese leaders with whom I 20 years younger. He could easily nocent and natural forms which a Here was another surprise, is 61 years old, but looks almost purity and virtue in the most in- propaganda which is considered credited by banks, borrowed from to have a marked psychological banks, and bearing interest. Thus had talked were frankly sceptical be in his middle thirties. effect on the people. Another a continually increasing debt of the League's value to China in point on which opponents of the structure is created, and the lag her time of peril. Fascist concept lay stress is that, between consumer *purchasing under the name of national repower and cost of goods grows construction, political and econ-wider.

omic freedom is being placed in

jeopardy, with the workers' in- JUST PRICE terests subordinated to cap- italistic interests. So strong is

But only time could make his voice as mellow as it is, and only "The League and America did a tremendous amount of thinking not save China in Manchuria or at could give it ita tone. Shanghai," --1-- observed."What' leads you to believe they would be

hallowed love of the body can pro- duce should be struggling upward through the murky grimness of a twisted and perverted sense of convention and stilted Victorianism subjected-to-the-immature--and Ignorant criticisms of contemptible

GOOD

HORKING, MRS JONES

When he and she went walking

out, 'Twas in the altogether,

He said: There's romance in

the air,

any more effective in future?" What he said about Manchuria, contemporaries-soz us!

I have since heard repeated in "I'm afrald you mistook my high places many times over. Major Douglas proceeds to argue meaning," he said. "The existing che Chinese have a tremendously the feeling against Fascism that the remedy is to calculate the world peace machinery is widely calm way of looking at their developing that efforts are now value of goods produced, and discredited, I know. I do not ex-country's plight. being made for a concerted move-taking the power to lasue money pect it to prevent war between ment by the working classes to

and credit from private hands, to Japan and Russia, if that in to Most of them admit things will combat the influences which are

iraus national credit directly to come.

probably get worse before they get consumers in proportion to the

better, but, as the Vico Minister considered to be harmful to

"But what I do foresee is that of Foreign Affairs, Mr. Hou Mo amount of produced, which

goods democratic principles. Amongst is the real wealth of any com

should it come, the world would

exprossed it to me, in perfect the idens outlined in

a frightful situation this munity. This implies the establish-face such

English: programme is the bringing of ment of what has been termed The aftorwards-regardless of which

"Yet, I somehow have the ut- pressure on the Government to Just Price. Buyers, on taking side won--that it would be obliged

to act, if only to save Itself. And most confidence that, in the end, secure a reduction in working their credits (in the form of a now hours and the evolving of a plan kind of money) to a store, would to save itself, it would, of neces- China cannot lose." for increasing the purchasing pay for goods a Just Price, which would be below apparent financial powers of the workers, co-cost, but at a true cost fixed by a incident with bold, financial calculation of the percentage by schemes to prevent damage to which production exceeds con the nation's trade. Bold, large-sumption. It might be thought scale measures with a view to retailers would lose by such a relieving unemployment are also "consumer discount." but this is advocated, these to include a not so. The soller turns in an ac- works count of his "lous," and is re- comprehensive publie scheme, in which category is Account. Thus production an

imbursed from a National Credit placed the need for construction consumption are balanced, every- of new arterial roads, the re- one shares in the "national divid- inforcement of river-banks, the end" of consumer power, and the | sinking of artesian wells, and the problem of the world is solved provision of new reservoirs in without confiscation, expropria-

rural areas, so as to prevent tion, nationalising of banka, cinsa recurring water shortages. At war, or political revolution. first glance, it might appear

that plans such as these bear GREAT ECONOMIST very little relation to the combat-

ting of Fascism, but the spon-

sora of the movement are work- Major Douglas. is a stocky, rud-, ing on the principle that Fas-dy, well-groomed English aquire cism, being permented with re-than an economist, and was with type. He was an engineer rather actionary ideas, cannot peralat in Westinghouse in India prior to the the face of a united, non-war. At that time he returned to bureaucratic movement armed England to become assistant super- with definite plans for the pur- intendent of a Government air- pose of effecting national recraft factory and was impressed by construction. The clash of ideas the idea that England emerged is most pronounced, with the full from the war "poor". Having seen

hor

increase force of Trade Unionism being greatly during the war Fents,

productive plant exerted in the effort to defeat felt that she was really "richer" the Fascist ambitions. There than before. Directly after the is little doubt that in the next war he began writing on General Election, the Fascista mica, and some of his followers will make a bola bid for support, now claim that he in one of the but already it is clear that three great economists, ranking organised Labour is determined sm, Karl Marx for Communism, thom as Adam Smith for capital- to wage war on this new cloment and Major Douglas for economic in British politics.

democracy.

econo-

"Somebody wants a Mr. Plun kot-Is your name Plunket?"

She said: It's lovely weather, Ob, Mr. Lane, I see a park, Do let's go sit together.

And when upon a stone he sat

Sho said: Now don't get sore:

A little inconvenience Makes Nature in the raw, And walking in the streets these

days,

For nudes, la such a bore.

So Mr. Lanc, despite the pain, Sut down to admiro the vista, And very soon, the tender coon, Was sitting on a blister, Quoth he: I must vacate my

seat

I feel that it in scarcely meeti

To stay here, Little Sister.

*

*

When he and she went limping

back

(Plus one embarrassing blistor), Bellove it or belleve it not, He hadn't evon kissed her. And when she said: It's got-

ting dark,

I've left my hanky in the park," Old Laney stroked his whisker..

200

And said: My dear, I really

think

The time has come to talk

Of things apart from cate and

kings

And going for a walk.

Now wipe your nose upon a rose And be a good little nudist For we must be home by six

o'clock.

You know my Ma's a prudisti

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