1937-03-18 — Page 22

10

WHITE PAPER ON DEFENCE

HOW BRITAIN WILL

UTILISE FUNDS

Continued from Page, J.

tere. In many districts bitherto largely unrecruited, in addition to the modern- antion and In some instances entire re- placement of existing driti halls. New And more affelent types of guns are bo- ing manufactured, together with largo numbers of searchlights and other equip. ment, and reserves of ammunition are being accumulated.

Balloons and equipment for balloon barrages are being manufactured. Plans are belag, made to ensure that the or cantation for air defence will be road. Ity adaptable to meet whatever type of air attack this country might be called upan to face.

34. Amongst arrangements for the protection of the civil population against air raide, stocks of respirators" anıl other equipment are being accumulated to provide against the contingency. gas attack.

I

The preparation of local schemes of ale raid precnations and the organiza- tion of the necessary personnel for air raid services are now being undertaken on an increasing scale, throughout the country.

ANTI-GAS MEASURES

Hin ajonty's Government have under- taken to provide instruction of the palien al other personnel so as to make them capable of acting as instructors in anti- Opo gas measures in their own areas. Anti-gan school has been in operation. for almost a year, and in order to cope In this with increasing requirements Thed.

t a second school is now being es

л

The fire risks from incendiary Lomba dropped from aeroplanes present a problem which is beyond the capacity of normal peace time firo brigado or ganisations. Arrangements are boing planned to necumulato the additional, re-fighting appliances required to meet this risk and to traie renorva personnel.

36. The defence of our ovETBERE bases also require additions to meet the menace of attack from the air, and Increased protection will be provided al important ports abroad in the form of anti-aircraft batteries and search. lights.

of

Inition. the modernisation coast defences at home and abroad will involve considerable expenditure.

VIR

ESSENTIAL CHARACTER OF THE PROGRAMME

37. It will be seen that the program- me which must be carried out before our dofences can be restored to a level of safety covers a wide range. It includes the provinion of great quantities of material for all three Services, in the form of ships,, guna und Ammunition. noroplanes, tanks and equipment of nil, types.

It also involves targe_additions to the personnel of the Services, and henry expenditure on the purcha10, of land and the orection of buildings, barracks, workshops and arsenals,

38. To enable this programme to ba carried to a successful conclusion, rangements must be made with indus- try for the extension of its empacity to supply munitions for the Defence Ber

r

A FORMIDABLE TASK. The development of ale power han raised entirely new problems of defence both at home and abroad, requiring not ostly increased quantities of the obvious defensive weapons and equip ment, but also a certain amount of res stribution and dispersal of resources. all of which naturally adds to the cost. 19. From the outline here sketched the formidable nature of the toxic confronting la Majesty's Governmont is apparent. Siner they first embarko upon it. the conditions which governed its extent and pace canunt be said to have become more favourable, and ni present at any rate there would in the view of His Majesty's Government be no Justiftention for any reduction or 'slow] 1g down of the progranime.

It is their firm belief that in the Corn here presented it la‚a contribu- tlon indispensablo to peace, and par which is the duty of the people of this country to make.

IX

TOTAL COST OF DEFENCE MUCH LESS THAN

£1,500 MILLIONS...

40. As stated in the Memorandum on the proposed Resolution dated Feb. 11, 1937 (Cmd. 5368), It is not practicable to state tho total cost of a programme which it in intended to spread over e poried of years, and which will neeÈS- barlly be subject to substantial modif- estions an, conditions change.

Nevertheless, aomo indieation now he given of the order of mogal tude of the expenditure which must be contemplated.

сли

41. Taking Into account the rapid growth of defence expenditure in the inst two yeara, and the fact that an appreciable time noconartly elapaca 'between the date when increano In capacity are laid down and the date when full production is achlored, it fo probable that the laval of expenditure over the next two or three years at least will be very much heavier than In the current year.

MUST BE UNDERTAKEN

It is not at prosent possible to deter nike what will be the peak year of defence expenditure; that must de pand on circumstances which cannot at present be foreseen, and upon deck- alons to be taken in future years.

Taking the programme na it stands to-day, however, it would be impru dent to contemplate a total expendi. ture on defence during the next fire years of much less than $1,500 millions.

42. Deeply as they deplore the necessity for. this vast expenditure on Armaments and other defonaivo mea. sures, His Majesty's Government are convinced that it must be undertaken..

It has been forced upon them, partly by the circumstances of the time, and partly by the. Tong interval during which comparatively, small demands have been made upon the national finances for the purposes of the De- fence Forcen, da

It would be saither, practicable nor Just that the whole burden-of-making. good these deficiencies in the short period of five years, should be, thrown upon the taxpayer during that time, and Ile Majesty's Government BTC natialed that in proposing to spread a part of it over a longer period, they aro pursuing, a coupes" which' la, fully Justinad both in equity and In the general: Interests, of, the nation..

THE HONGKONG TELEGRAPH.

THURSDAY, MARCH 18, 1937.

"TELEGRAPH'S" NEW FILM SERIAL

“Lloyd's of London" is a film which is shortly to be prose intod at the Queen's Theatre. To-day appears another Instalment of the full story of the episodes in the life of the great corporation on which the film is based. It is a narrative of much interest in itself and is appropriately made public at a time when the presentation of the film in Hongkong is soon to be 'mado. «

LLOYDS OF LONDONE

WHAT HAS GONE BEFORE: Jonathan Blake, member of Lloyds of London and protege of John Angorstein, one of its jead- ing underwriters, paca to France in the troubled darly days of Napoleon's reign, there to apy out information of value to Eng land and to Lloyds. Ho da fleving Franco, in fear of discovery, tohen he witnoassa the arrest but French army then, of a beautiful English woman. He helps her cacape, and they make their way to Dever. The morning after their arrival, Jonathan, deeply in love with the anonymous beauty, discovers aho has risen early and gone to London, leaving no word. Ho brice the innkeeper to dia- cover shere she was taken, and to notify him by mail. He, too, then goes on to London.

Chaptor Eloven

by

PETER B. KYNE

The work of the 20th Century fox pluures moning “Madeleiné and Pruddie Bürihólomáý, šepki,

Tyrona Powai, Sit. Guy Standing and to aubray Smith,

[years of his life to have thrashod never once touched Jonathan, as athe" member of the Angerstein | Lord Blacy for the latter's insolence subscriber at Lloyd's, and now a syndiente, with Angsratoln'e ap- and high-handed ungracioumsan. very heavy Investor in John Angor-proval, to branch out into other But as he drove back to his jody, ateín's syndicate, nor did it touch fines of insurance. Underwriting Inge the hot rage died and in ila the syndicate. They had kept the ship)'and their cargoes was Lloyd's places camo bleak despair in the faith; no terapiation of re-insure basic business, dut gradually Jóna- knowledge that he loved a married underwritings, even with the ad- than began insuring people drainnt woman of a world far above his; vance knowledge that losses must rain that would spoil their crapa. that never again could be sao this surely eventuate from them, aver or turn a prospective proût on a woman, tho first to arouse in him

cams to the little group that had publia entertainment Into a loan avan a passing interest in her sex in their power to make much Ho wrote Insurance on the lives of Poor Jonathan! There had never coups. Despite the attrition af war valuable public servants and fore- Deen room in his life for play, for that never really consod, save ollsaw the day when this inaurașco the jolly foibles and fistations of claily, the mercantile marino of would extend to the lowliest coster- mon of his year; in the midst of Great Britain continued to grow, to monger. He Innured the foreign 18- his sad contemplation he recalled outstrip that of all other nations; noia of British merchants

against | Lady Blacy's remark about the un- as it grew Lloyd's of London grow confiscation as the reoult of war. happiness of Horatio Nelson's lita, | with it and conversely, the for He insured against the ruinous of because he was so madly, eo tragi tunes of the underwriters whone fects of publiä riot, fire, flood, earth- cally, in love with the wife of Bir vision and Integrity had mada quake and larendo nud had given William Hamilton. He had sympa Lloyd's possible,

Landon the laugh of the century- comrade; now, in the realization over the management of the com- against Fout, thized deeply then with his boylsh Jonathan gradually had given by insuring the Prince of Wales that he was in the same sed Ax,munications system to trusted lou- "But the royal family has always He resolved, not to commit the untenante, and was now as gradually suffered from gout." Jokin Anger- pardonable sin of feeling sorry for taking over the management of stein protected."""Phils, Jonathan, is himself. He thanked God no man John Angerstein's syndicate, for the frat bit of bad judgment I have new his sorry secret, whereas the Angorstein was an old man now known you to be guilty of. Xilo

The landlord of the hotel at Do-world know Horatio's,... He co- and beginning to bend under the Royal Highness will be dure to

ver had carned the five pounda Jonathan had given him, albeit Jonathan cursed the day he had been moved to bribe the fellow to ascertain from the driver of the private conveyance, the identity or At least the address of his faro, The landlord's letter to Jonathan informed the latter that the lady had been driven to the home of Lord Everett Stacy, in Regent Street, London, and that the driver had gathored, from what the buller had asid when opening the door for her, that she was Lady Kliza- | both Sincy.

The Information racked Jona- than cruelly. He could not believe It, The giri had told him to cail her Elizabeth; who had refused to declose her identity and had-he reasoned now, fled Dover in a private conveyance, rather than as company him to London on the coach and thus be unable to escape his Importunities. However, he had to be certain of her idonilly, so he arrayed himself in the halght of fashion and toolt a four wheeler to Lord Everett Blacy's home, At the door he presented his card to the butler, who gave him the customary challenge;

"Is Lady Stacy expecting you,; Air?"

"No, she is not. However, I think aho will recelva mb,"

The butler left him standing in The vestibuto white he carried-Jona” than's card to Lady Bicy. When the butler returned he invlied Jana- than to step into the drawing room; In a few iinates Lady Stacy en tored. She advanced to bim

ly and took his hand.

brave-

"Bo," he said tragically, "you are Elizabeth.

She nodded nodent to the ckargo. "I am sorry for both our antica, Mr. Blake, that you have called. Twahed to upare you the pain of the disillusionment."

With städten insolence, Lord Stacy neknowicuged Jonathan Blake's, ifreduciled, saying “A végüler ak Hoyd's, I bellove.” „Hurt at Elizabeth's dooelf, humiliated at Stacy's manner, Jonathan left the house, Ho bowed his hond. "You tried to be kind to mo. Lady Stacy, but dested that fame had its draw-{strain of business. He rejoiced income down with gout within the I would not pornsit you to. I am a backs... well, he would set him- the knowledge that Jonathan's keen year and you will make a heavy atubborn and headstrong fellow, self to the hard task of forgotting intelligence and incorruptible hon-} loss." fear. I had to know beyond a doubt the troubled, sad, sympathetic look esty would succeed his own..." that my companion on that night in Lady Stacy's eyes as she bado yos, Lloyd's of London would go he is a hardy soul and can stand "He is too young for gout, sirg crule acro the channel and Lady him farowell.

on; it would bo timeless...

a doal of high living. He has pald Dizabeth Stacy_aro-one and tho asmas Individual, Now that I have "She loves me," he told himself. Following thoTM Taaltion of the pe-a whopping premium for Insurance been satialed on that point, may I"I am cortain of it. Her marriage zlod, Jonathan had acquired against gout for three years, and express my gratinention that you to Stacy was one of social con habit of seeking relaxation in the he is not likely to deliberately court appear to have suffered no ill ef-venience, a match, doubtless, made sports of the day-boxing and horse gout in order to win. That, how- Tocte from the exposure, and to by the families of both, She, who racing. He had a half dozen very over was not my idea. In insuring sure you that if at any time in the so good and sweet and kind fine race horses, with which he had the Prince. I merely risk paying a future I can be of service to you, could not possibly have the slight been very successful; he was a high price for the sort of adver have but to command me est love for such a end as Stacy.plunger on fights and was known thing for the Angersteln syndicato yello wok her hand, bent over it Yet, she is bound to him until to have won vast sume on his judg-that no amount of money can over and proneed it to his lips in faro doain?"

mont of the ability of the cham-buy" woll. At that moment Lord Stacy

The years dragged on. The new the stront he was now known as are beginning to think us sound, plona ho favored. To the man in My boy, I fear our colleagues entered the room.

of the death, in Virginia, of George Lucky Blakke. Lucky? The word freakish, unreliable." Hero he is, Everett," Lady Stasy Washington, first president of the caused him to amite cynically. If called to her husband gally," "Ifero | United States of America, on Do-

"Oh, naturally, many of them do. is the gentleman to whom you owocember 14, 1790 came across the the fools who prated of-luck, who Those who have not will do so be- so much for saying my life and western ocean and was duly chon- fortune, only knew how hard he and far chango an innovations depended on tuok to bring them for long. Human beings loatho spiriting me out of France. Mr. cled at Lloyd's. The news of the bad worked!

they condemn that which they fall- Jonathan Blake, may I prosent my destruction of the Danish feet at husband, Lord Stacy?"

Copenhagen by a British Geet com- Although his position in the busi-jed to think of themselves, particu- Jonathan let go her hand and manded by Admirai Horatio Nelsonose world now gave him entree larly when it begins to appeur that bowed to Lord tacy.. "How d're on April 2 1801, came, swiftly for members of the nobility, althey will condoma; later they will to the very beat Bocfely in London, there's a profit in it. Yes, at first do" His Lordship murmured casu- thanks to Jonathan Blake's signal ways in debt and living beyond decide that we have the jump on ally. I believe we have met bellag system. England declarod war their means, were not above cadr them and start culling premium fore. You're a walter at Loyd' on France on May 18, 1803 and ing for tips on horses and Dghters, rates on the same sort of busine aren't you? Rather unexpected to London was in a jurmolt. News have ́n call from you, sir."

events of vaxt historical importance vest funds in the now gigantic Anemiled a sightly cynical smile or Beeking an opportunity-to-in-In order to catch up."--Jonathan I merely called to pay my re- continued to appear with amazing gerstein syndicate, Jonathan's ab now spects to Lady Stacy and to satisfy frequency on Lloyd's bulletin board, clal life was very restricted. Ho mynelf, that her recont harrowing while Time tip-toed by and left a would have enjoyed dining out, and good-natured. laugh. "Egud, lad, I John Angeretola laughed his experience had no lil effect, I was tinge of gray at Jonathan Blake's dancing, but deep in his heart was begin to fear I have been tried and just taking leave of your lady, temples, a gravity in his eyes that the fear that, in high soclar circles, convicted. Lord Stacy, when you entered. With did not belong with his years, and he might not Lady Stacy again again-unless you should consider I shall not interfere your permission, Lady Stacy, I shali jaharactor lineo about his mouth. withdraw."

and stle to real pain what was now taking this fellow into the syndi- He had made a great deal of merely a dull old neho. Time had esto Je bowed himself out into the money out of his communications not healed the wound, but he had Jonathan looked up. Lord Everett hall, the butler handed him his system by selling his news to the great confidence in Time as a cura- Stacy was approaching. On his in great cont, hat and cane and show-papere, but it was free to Lloyd's, llvo agent. He did not feel that hasolant but handsome, if dissipated ad him the door. He went out with No_nows that was of Importünce could afford to pay such a price faco, a bland smile of greeting wild rage in his heart, a rage theto Lloyd's won over withheld for a for social indulgenco, futility of which brought tears to aingia minute following its receipt In his seat for work, hle yearnlig

bir oyna. He would have given ton In London; the shadow of scandal to expand, Jonathan, had Inducod

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OUR BRITISH CROSSWORDS

14

119

120

123

126

1 A language.

21

ACROSS

Nice for tea, some people think, but aren't their "inaldes un- cooked?

8 Edition for children.

9 Become less-tight.

not to the point, though

quite material.

12 Not one of the flying colours.

14 Book of the Bible.

16 Morning heath covers a

perlion of the globe, 17 Well-barn.

18 "Prosit

men.

good

adapted to Varelty

19 It takes a real M.P. to make an

old pilgrim.

23

"Eyeless at Gaza, at the mill

with xinves" (Milion).

20 What is left and what is right is

apparently all about big pipes.

27 Without exception..

28 Meaning? Meaning, and half of

It's the devil.

29 Employing

30

31 A flavouring I loatho

32 This girl starte prophetically.

33 Road material in its wrong

colour to slow down.

34 A Breton town.

DOWN

1 Portion of food.

2 Get wider with the road in the

middle:

3. Taking: Its parts suggest that to. lore everything in. für otherwise. 4 Often precedes a man's street:

number:

86

6 The kind of stranger who is not

necessarily flawless,

"That all the world will be in love with night And pay no-to the gurish sun." ("Romeo and Juliet").

7. Involve ridiculo.

13 Part of the house.

36 Language found frequently in

7. Down.

10 The last in Latin through

curative application.

20 Dress for a K.C.?

21 Went on talking..

22 Dwarf.

23 The laughter of niggers? 24 Sell now before a change takes

place.

28 Plastered up for all to see.

Yesterday's Solution

CONSTROT 80 AM) RA B

ERUDITE U AG F D

MOHN FONTA

0

DA

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TOKAY JUNO N DA OMA KISTRAKE S

EASES ENVELOPE S