1936-02-08 — Page 6

THE HONGKONG TE LEGRAPHI, SATURDAY, FEBRUARY 8, 1938.

DEWAR'S

"White Label"

WHISKY..

White Label

17 SCOSCH WAP|

OF CREM 446.

Dewar & Sas

Sole Agents:-

A. S. WATSOŇ & CO., LTD.

NOW ON SALE

FEBRUARY

"H.M.V." RECORDS

Including all the Favourites

from Current Film and

Stage Successes.

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S. Moutrie & Co., Ltd.

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BILLIARDS

Chater Road.

WE HAVE A LARGE RANGE: OF CUES INCLUDING:—

"Walter Lindrum”

"W. J. PEALL" "WILLIE SMITH"

N.

&

COOK" RILEYS"

ALSO

'BONZOLINE

"GRYSTALATE”

BILLIARD & SNOOKER

BALLS

SPORTS DEPT.

"BEDFORD"

A TOUGH, POPULAR TRUCK

and a Service worthy of IT

EV

The present threat to world

pot.co In Europe indicates that now, previ sion is needed for necessary changes

the

world order. It is to tho interest of humanity that these should be brought under

ch that they should be effected

and

to

and of

air

Joring back to decrees. In the following article the question of machinery for making readjustments in distribution of a materials is discussed by ons of the leading authorities on world economice.

not by the nations that desire them, but through a council of the nations. three previous articles the Afonilor. has taken up the possibility of making "VERY month big shipments of (erritorialments through the

Bedford trucks leave "Eng international

League of land for every part of the world And the rising export figures and many hundreds of enthusiastic lotters from Bedford owners all over the world have shown that the Bedford is popular wherever it goes. Why this success ? For, in designing the Bedford FION" of raw materials has rango, Vauxhall experts studied overseas conditions at first hand. They learnt what was wanted in trucks from the very men who were going to use. them. And there is Д world-wide organisation - to make Bedford service and genuine sparos avail- ablo.overywhore.

GARAGE Stubbs Road

THE "UNFAIR

long been a familiar topic. But

SHARING

the

RICHES

of the EARTH

what are the apprehensions

"FREE trade in raw materials" should be the frat alogan. The principle that the "export du- tles on raw materials.... should never discriminate between differ- unt foreign destinations" was un- animously accepted by the World Economic Conference of 1927. But It needs to be embodied, as it has not yet been, in a binding Inter- national convention.

Thoro remains the military handicap of countries without raw materials in their own possessions. This is perlups the most im- portant motive of all for countries of military strength and milltary ambitions. To some extent the ad~; vantago of possessing colonia from this point of view is illusory. For, if a country is not lo.com- mand of the sens, it will be unable to import materials evda from its

materiala are tiens.

the proposal that there should be. WHAT are the grievances, and BUT any discussion of a particu- own colonies; and, if it is, it will An International inquiry on the subject has, for several reasons, of countries like Japan, Germany raw materials, which aims at im- from importing, whether from its lar problem, such as that of be able to prevent its opponent an exceptional importance, and has

and Italy on this subject7 All mediate results, must obviously own possessions or elsewhere. avoked world-wide interest.

Nevertheless, there is one altuá- are highly in take the world's general economic tien in which a colonial power Moreover, the development of the three of them last few years have shown the ex dustrialized, have large and rapidly system as it is. If all or most might be in a preferential position. trame Importance to the peace of increasing populations, and very countries had the economle system If a country without colonies re- the world of colonial questions. It

to war in branch of the Tested at every stage in the 1s no accident that Japan, Germany limited internal resources of raw of Russia the distribution of raw sorted famous Luton works in England, and Italy are the three countries materials. They have no sub- materials would be a question of Covenant of the League and the League members imposed econo- proved sound and reliable on the which, in, relation to their indus- stantial external possessions from agreed governmental allocation. mic sanctions, including the prohl- roughest work in the world, the trial development

draw and increasing which they can

these They may, or may not, adopt such bition of exports from their ter Bedford is a first-class invest-population, are worst off as regards materials. They must therefore a system in the future; but they ritories, and the "prohibition of ment whatever the nature of raw materials either at home or buy from foreign countries. They will not do su na the immediato Intercourse," it would be unable to work !

In external possessions, and that their present regimes and policy may, they feel, be at any time outcome of an inquiry into raw obtain raw materials; whereas an There's a Bedford Modél for

aggressor country with colonies constitute the chief menace to seriously injured by being made to materials. The practical question would be able to draw upon them every business.

world peace.

pay, excessive "monopoly, prices, for such an inquiry will therefore unless and until economic sanctiona For Particulars and Terms apply. Such an inquiry should serve two or by having supplies cut off, in be: "Granting the general system were followed by military

extremely valuable purposes. It time of shortage or of war, or at under which raw HONGKONG HOTEL might lead to the removal of cer- other times by having to buy on bought and sold by private in needs to be dealt with--but not This is a difference that certainly tain real grievances; and also, it unequal terms. They need pro- dividuals or companies, what might well show that the advant- lcction against these three dangers. governmental action can be taken sor country to import the material of course, by enabling the aggres ages enjoyed by colonial powers over others are in some respects slons as to the future rather than equitable treatment?"

These are, of course, apprehen- to prevent abuses and secure it needs to prosecute an illegal war On the contrary, what is needed greatly exaggerated,

immediate disabilities; and any

is to make it certain that, in such The question of colonial raw practical results from the proposed To find the answer we must con- a case, the collective action takej materials" is of course only a part inquiry will be determined by this sider the possible injustices or by League members would appli of wider economic problems, to fact. Industries in countries with abuses against which protection is equally without distinction to th which it will be necessary to refer out colonies are not, in fact, at the needed. They may be classified as imports of an aggressor countr later in order to obtain a true present moment under any in. (a) monopolles leading to exces- from its own possessions as well a perspective. But it will be best mediate and actual handicap which sive prices to the detriment of to those from foreign countrie first to discuss the specific question could well be removed by a con Importers; (b) differential prices and would thus give no advantag.

an advantage to the in- to the colonial power. proposed for the new inquiry-the vention about raw materials. They giving distribution of "raw materials can buy these materials at the dustrialists of countrica possessing from colonial areas, including pro- same prices as, the Industries of colonies; (c) deprivation in case

colonial powers. tectorates and mandated ter

They certainly of war.

то TO aum up, what is required, at ritories."

do not pay excessive prices, for

may be anticipated as the r the prices of raw materials have

The first of these is not a danger sult of the proposed inquiry if fallen more severely than those of which divides the colonial and Is to bo successful, is a bindi manufactured articles.

non-colonial countries as such. If and permanent international cq those who possess raw materials vention which would remove It is true, Indeed, that importers succeed in forming combinations three specific disabilities just d Into Germany and Italy, which have comprehensive enough to In cussed. This convention migl

example, provide that: " the

signatory countries (whi should include all those possessij

The

Hongkong Telegraph.

SATURDAY, FEB. 8, 1935,

OUR GERMAN VISITORS

Hongkong, as one of the Em-

pire's naval stations, does well to NOTES OF THE DAY

accord a warm, welcome to the

but

The

By

Sir Arthur Salter, K.C.B.

cavalry brigadas and one tank bri-recognise

*

*

difficult a problem.

for

+

prices above JL reason- level, all the Industrial- who use these raw

for

colonies) undertake:"

་

(a) That all arrangements ma between producer of raw mater

(Continued on Page 6.)

BULLS AND INNER

:00

☐

officers and cadets of the cruiser ARMY MECHANISATION Karlsruhe, the first German warship to visit the Colony since in warfare, but the Great

Cavalry has played a great part War Ulie Great War. Some of the showed that this arm had practical- social functions arranged firearms and

ly lost, its power in face of modern modern methods. honour of the visit have had to Cavalry buffered terribly and was be postponed, owing to the ln-almost Helpless in face of barbed mented death of King George, wire and afficiently handled machine guns. In many ways their passing opportunity ia being will be regretted, but their day is provided, during the cruiser's done. The recent announcement by imposed restrictions upon foreign flate atay in port, for fraternisation, the War Office that, of the eight exchange, at the moment suffer a able special handicap. They need to late British cavalry regiments, some are

From the Office Butts on the field of sport and other to be equipped with light tanks, pay for raw materiale from British materials, of whatever country, are wise, between the German sea- and, the rest transformed

colonies in sterling, from French Injured and injured equally. Under into

colonies in francs, and they have the abnormal conditions of recent story about tiger's spoor hav A London newspaper printa men and various sections of the motor cavalry did not come 30 difficulties in converting marks and years producers have been alded been

seen in surprise. They will be provided fire for the purpose. British community.

a Kowloon str Whoever

But that is by governmental with a new kind of light motor a special and temporary currency nationally

action, both Don't they was responsible for the ghastly vehicle, designed in such

over sco a circus and-as at the con- London? away difficulty, due to domestic, policy, ference of 1933-internationally, mistake which flung the whole that every man on board will be and not removable by any conven-to restrict-production and increase

able to jump out easily and go into world into the horrors of war action on foot. The machines will tion about raw materials.

prices. There are obvious dangera, Now that an "olo.custom" not twenty-two years ago, the have large

the future in such policies has been removed from the fr wheels and oversize

against which, consumers must be seat of the Peak tram, regi tragedy cannot be laid at the tyres and will be able to travel

WITH this in mind, what are the protected. Since, with a fow ex- patrons will not henceforth en across country. doors of the ordinary people of

present W Cavalry Division will be replaced practical results which may ceptions, raw materials come from the privilege of being mistaken either country. The visiting by a mechanised Mobile Division, be expected from the proposed. In a number of different countries, tourists for the Governor, Cadets were happily spared consisting of two mechanised quiry? It Is important bo any producers' scheme will be the limits which are international, So, too," must be participation in the great con-gade. The cavalry brigade now in suggested, for a first attempt at so any protective safeguard flict, but accompanying them Egypt will also be transformed into sider what will be excluded. It All that is necessary in this con- States. It is, however, expe Intelligence tests have super Let us con- tablished on behalf of consumers. ed cross-word puzzles in the Un are two gallant officers who a mechanized brigade, with one "did their bit" for their country armoured car regiment, one motor has beesi suggested that we impose nection is to provide that all con- that some Government serv cavalry regiment, and one light a limitation to "raw materials from sumers should have a due share will stick to cross-word puzzle on the high seas and who tank regiment. There are to be colonial areas, including protector in any protective arrangements, in to their interest and will meet, during their stay big changes also in the infantry.ates and mandated territories." In proportion in the Colony, officers of the Each Infantry brigade is to have other words, this inquiry would without any regard

one of the new mechanised machine not discuss questions arising from they are of the same nationality! British Navy who also have

gun battalions. These and many

advantages which countries as the producers. grim memories of those days. other changes, too many to enumer like the United States or Russia, The passage of time has, hap-ate, form the biggest step yet taken or Canada, possess in having raw

THE second danger against which pily, removed many misappre- Army since the Great War. One

towards mechanising the British materials in their native soll.

Secondly, the problem is "econo- non-colonial countries hensions between the British cannot be sorry for these reforms. mic rather than political and ter- legitimately require to be pro- and German nations and caused One recalls with pride the epics of inquiry would be directed to secur duties might be imposed. For ritorial," In other words, the tected, is that differential export war history in which the cavalry the disappearance of feelings of participated. But to havo tailed ing equitable conditions for the example, there might be an export hatred which were, to some ex-with some of the survivors of the export of raw materials without duty on raw materials from a tent, artificially engendered. cavalry of the Great War is to raising questions of the actual colony to any except the "metro- Britain and Germany may differ know that cavalry in battle is no transfer of territory or change of politan country." If this were effective in ralaing prices to the longer the "streng.arm" of the political regime. fundamentally in their political army. For desert patrol and that

Thirdly, although the rather am- Industrialists of other countries, it structures, but, whatever may sort of thing it will still bo-useful; biguous words, "free distribution would, of course, put them at a This Civil Servico. cut be thought of some aspects of but in attacks on trenches, machine- have been used, what is really serious disadvantage. But it could, to be rather near to the bon

of course only be effective. If there Nazi policy, the central fact gun nesta, pill-boxes and, as the meant is the establishment

were not

alternative Ethiopians bavo discovered, upon conditions

sufficient

n u which-emerges-la-that Germany armoured cars or tanks, cavalry in materials could bo -bought se

sources of supply or at a time of

-According-to-a-contempora relative shortage. Such dufics Is to-day 3

and wasted. If there are still cavalry- and stronger

sold freely (1.0., with- more united country than at any men who will argue we wish we out impediment or differentiation), bave rarely boon Imposed and I donkey cata cigars and cigarettes. What an ass! time since the Great War. It poor, gallant creatures, who carried the actual allocation and supply of

could refer them to the horses, not (or at least not necessarily). am not aware of any at present. This, again, is rather a possible has long been apparent to their demon riders through the specific quantities by governmental danger of the future than a present serious-minded people that a enemy, deep into the enemy, at action.

Cambrai. great nation such as Germany, with its vigour, vitality and fine

the

of

under which the

·

*

to whether

mey

D

After reading some of the rị reports in the London Press cerning the tremendous poten ties of the China market, w driven to the conclusion tha Inhabitants must be nudistaj pockets full of money,

£ According to Safety First-

ters, priestrians undoubtedly a strong case. Unfortunatels often made of polished sakh silver fittings.

As far as we can interpre handicap, The fact that such war news, It's the Italoplano duties do not now exist, la no.res- secure most of the victories. son for not providing safeguards

A GREAT deal of misapprehen against their being imposed in sion has arisen during the last future. On the contrary, this is

the

ticka.

םם

ם

Σπουλο

record of scientific and industries. It would be foolish to trial achievement, could not be deny that all cause for anxiety 15 years on this last point. During Just the time to take action. It is Hongkong will soon expoe the war, raw materials were on a much more practicable to stabilize "usual summer draws for over kept in subjection, and has been removed, but it can ments and allotted at fixed prices right than to correct one that has

between Britain and Germany large scale controlled by govern situation that is for the moment Typhoons, termites, touristd it is a recognition of this fact with certainty be stated that to other governments who, in turn, been allowed to develop on wrong which is making it increasingly there is greater goodwill be controlled their distribution. Italy, lines, when new vested interests A doctor says that people ad evident that certain provisions tween them evident to-day than for example, received a regular are certain to form a serious ob- chew orange seeds. of the peace settlement will have for many years past. It is the quota of British coal at controlled stacio. to be modified in her favour. task of statesmanship to see prices far below the Inflated war

give anybody'the pip." This feeling; also, largely ac- that that friendship increases as prices of the world market. When This is the reason for con- counts for the agreement reach-time goes on. Meanwhile, we found herself paying immensely materials question rather than A $60 banknote was found de

the way controls were removed she centrating first upon the raw ed whereby the German Navy give a hearty welcome to our higher prices, and this was the upon the much more difficult one tablo in a local hotel lounge w is given a fixed ratio of strength German visitors, in the hope immediato motive for her repeated of removing differential import days ago. The theory that is in relation to the British Fleet, that the friendly contacts estab-requests (unhappily disregarded) duties on manufactured goods left there, as conselence-money an agreement which has relished may be an augury of deep to make the problem of raw bought by colonies a more serious a reformed chit aigner whid rivalry between the two coun- two nations in the days to come. postwar economic. conferences.

grievance to which referenzo will defaulted on hia obligation bonindo a lttlo: later."

discounted.x

LANE, CRAWFORD, LTD. moved the danger of navat and lasting concord between the materiais, a central Item of the

O D