1938-02-04 — Page 22

10

THE HONGKONG TELEGRAPH.

FRIDAY,

FEBRUARY

1938.

B

£60,000 Every

Ten Minutes

Y the time you have finished reading this article it should take you about ten minutes- another £60,000 will have been spent on war preparations.

That gives you some idea of the tremendous rate at which the nations of the world are rearming.

Every minute of every day and night £6,000-more than n good many people earn in a lifetime is spent on guns, on bomba, on battleships, and on other instruments of war.

And the paco 19 ever quickening. This time last year the world was spending £5,000 a minute.

And in 1914, climax of the last arnis race, it was spending a mere £1,100 a minute.

Reflect on this: In 1931, after two years of Labour Government in Britain, with the late Arthur Henderson as Foreign Secretary, the world was spending £1,500 a minute on arms--just a quarter of what it Is spending to-day:

Every

And think what that meant. minute of the day there was an extra £4,500 to spend on food and milk for children, on health services, on building decent homes.

W

'HO is the pace-maker in to-day's gigantle arms race? There is no doubt about H: Hitler.

And, no one is more conscious of this thah Hitler himself. His Government is the only Government in the world that dare not state what it is spending on arms to the editors of the "Armaments Year Book," latest edition of which is issued to- day by the League of Nations (Allen and Uilwin, 253.). Germany's entry appears with nothing but a little row of dots.

O

Yet the truth cannot be hidden. It. so happens that three detailed investigations have been made. The authors of these three investigations were Mr. Winston Churchill, the "Banker" and the "Dally Herald."

Three estimates were made of Ger- many's arms bill, and though they were made separately they all hit on a figure of about £1,000 millions a year.

The true size of Hitler's preparations for war will be understood when it is realised that this sum is almost a third of the total arms bill of the world. It is also more than twenty times as much as Ger- many was spending on arms before the Nazis seized power,

H

ITLER'S colossal expenditure has meant, of course, that the peace- ful nations have had no choice but to spend heavily also..

The Soviet Union, for instance, which spent £50 millions in 1032, before Hitler came to power, is now spending £750 millions-a thirtconfold increase.

Even the United States has felt the pressure and has increased its arms bill by 55 per cent.

And little Turkey, gateway to Asia, is not only spending 45 per cent. more on arms than in 1932, but is imposing military conscription on women as well as on men.

Indeed, rearmament is almost every- where curtailing individual liberty.

The way in which conscription laws are being tightened up is a good example of this. We have now reached a stage when, within a few hours of the outbreak of war, the nations could put thirteen million trained soldiers Into the field.

The small nations as well as the big are being hurried along in this scramble. But these small nations cannot afford to spend so heavily as their big neighbours.

The seven great Powers Britain, France, the United States, Germany, Italy, Japan and the Soviet Union-are spending $2,800 millions a

The year on arms.

remaining 57 countries are spending a mere £380 millions a year-not so very much more than is spent by Great Britain alone.

These minor Powers know that they cannot compete against the great Powern in lavishing money on battleships and planes and heavy guns. And so they have sunk to the level of mere pawns in the war ganic.

But not entirely. There is one bright spot in this gloomy Year Book, something which shows us the way out.

These minor Powers may lack ex- pensive equipment; but they have one great source of strength. : Within their boundaries Ilve the great mass of the peoples of the world."

Figures speak for themselves. The population of the countries outside the League of Nations, even now that Italy has become one of them, is only 300 millions,

And more than a third of these. are citizens of the United States, which has no aggressive intentions.

Its What about the League itself? members have a population of 1,650 mil- llons. Only 250 millions of these live in Britain, France and the Soviet Union. The remaining 1,400 millions are citizens of minor Powers.

1

BANKS

HONGKONG AND SHANGHAI BANKING CORPORATION,

Authorised Capital... $50,000,000 Issued and Fully Paid-Up .... $50,000,000 Reserve Funds

Sterling

****#0,000,000 Hongkong Currency Reserve $10,000,000 Reserve Liability of Proprietors $20,000,000

HEAD OFFICE:—HONGKONG.

BOARD OF DIRECTORS

G. Miskin, Esq. Chairman.

Han, Mr. M. T. Johnson.

Deputy Chairman,

J. K. Bousfield, Eng. K. B. Morrison, Eaq.

A. IL. Compion, Esq.

Pearce, Esq.

8. Il Dodwell, Eanon. Br. J. J. Paterson 3, 15, Masson, Esq. A. L. Shields, Esq.

Bir Vandeleur M. Grayburn,

AMOY BANGKOK

BOX

CALCUTTA

CANTON CHZFOO COLOMBO DAMEN TOOCHOW HAIPHONG HAMBURG HANKOW HARNIN HONGXEW ILOILO IPOH

JOKORE

KORE

KOWLOON

CHIT MANAGER.

BRANCHES S

KUALA LUMPUR

LONDON

LYONS

BLALACCA

MANILA

MUAR (JOKOLE) MUKDEN

NEW YORK

PEIPINO

PENANG

RANGOON

SAIGON

SAN FRANCISCO : SHANGHAI

SINGAPORE

BOURABAYA SUNGEI PATANI

TIENTBIN

ΤΟΚΥΟ TSINGTAO

YOKOHAMA

terms

which

Current Accounts opened in Local Cur rency and Fixed Deposita received for one year or shorter periods in Local Currency and Sterling on will be quoted on application.

ALSO up to date BAFM DOKES in various sizes TO LET-

Hangkong, 10th May, 1937.

DEPOSIT

HONGKONG BAVINGS BANK.

The Dusiness of the abova Bank to conducted by the Hongkong and Shang- hai Banking Corporation, Rules may be obtained on application. FOR THE HONGKONG AND SHANGILAI BANKING CORPORATION.

V. ML. GRAYBURN,

Chief Manager. Hongkong. 18th May, 1037.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

F these minor Powers, together with the three great Powers left "in the League, could be welded together into a strengthened League- and strengthening of the League would be the first job a Labour Foreign Secretary would tackle--the dictators would be forced to call off their plans of aggression, Reserva Lasbility of Proprietors 43,000,000 and the arms race would be halted.

Think what a lot of money that would release for the job of fighting poverty: money that could sweep away the slums, bulid health centres and schools,' abolish the Means Test, and ensure that every man,

woman and child had enough to eat....

W.G.C.Shebbeare

SHADOWS OVER the LAND

with

UR countryside is posi- tively littered aerodromes these days. Travel around with me, and you would see that nearly every rural county already haş its five or six aplece.

That is no military secret. The "massive hangars rear into tha ́sky- for any passer-by to see. Nor, odd as it may seem, have they added to our rural peace. Rather have they destroyed the sense of securly from war's alarums that being burled in the country used to mcan.

Falk, who can afford it vacate, one by one, the residential proper- ties. the aerodromo's Immediate victhity. One by ond these hauses.become occupied by the fly- ing squadron's officers, or blossom out as hotels, providing accommo- dation for the squadron's visiting relatives.

One hundred thousand of our best farming acres have now been taken over for the lay-out and construction of these aerodromies. That it should be so may also be accepted as a military necessity.

Bang go all pretty schemes for town and country planning in those sequestered neighbourhoods,

Countryman's Log-by John Sussex

Rough-ahod, a thousand years of parochial customs and privileger are swept aside, Boundaries aro tom up, footpaths are closed-even the most radical of resisters sub- merges beneath the urgency of "the grim Imperative,"

Sad as all this rany be, the thing that hurts the most is the sense of contrast the Invasion brings with it

For years some of us have had visions of farming as it might be--- foundation and background of a thriving countryside. Vislons of the countryside as it might be: the skilled men of the fields paid twice the money they are, and paying a fair rent for a sound their women's cottage, built to liking.

The farms themselves laid out to do their business properly-the irregular hedges eliminated to make cultivable units, economic in size and shape for the use of machinery-the soil drained and fertilised.

this time. Every one to have its nursery school-life's beginning at any rate to be a playtime. But then the aerodromes came, and all that could not be done for

farming and our countryside, springs "up, as by the waving of some magie wand, for the bombing aerodromo. Bo the men are now leaving the tending of the crope and cattle for the building of

hangars

ars and officers' quarters, for twice

the manay per day, per v week. They knock off at noon on a

on a Satur- men until Monday. day--free men

And what nino cottages they build for the airmen recruits to live int We never dared even to dream of cottages like these. All have electric light and a proper drainage system. Bathrooms, of course; some say even hot non- cupboards; mincadamised roads and footpaths.

Queer what a rumpus they raise about the nationalisation of land for productive use-but how quietly they take it when it is a question of an aerodrome.

Villages wero to have lost their alums the teaky roots, dripping Yet it is nationalised property walls, primitivo sanitation, and . none the less and when the day is here (if it ever comes) for the polluted wells'should have gone by

BARBER-WILHELMSEN

LINE

MONTHLY SERVICE

Το

NEW YORK

Via LOS ANGELES & PANAMA CANAL PORTS. NEXT SAILING

M. V.

"TRITON."

on

24th February

j

DODWELL & CO., LTD.

aerodrome to be dismantled and demilitarised, then will come a chance to show how farming in this country could be made to pay.

Then it will be the turn of the airmen to move out of the cottages and the land men to move in.

The drone of the aero-engine will give place to the drone of the tractor-within-sound, but out of. sight, the one so like the other.

☆ ☆

But the hurt remains, to think that the farmer should be obliged to fight so with his men over a paltry rise of 1s. a week while the Government contractor down the road holds out two shillings for farmer can every one that the afford.

something pitifully There la Wrong

with our way of looking at things, when a nation will spend' money to make a paradise out of an aerodrome and flaunt the pro- digality in the face of a hundred pauperised and poverty-stricken rural parishes.

-To-day's Thought HE who frat called money the sinews of affairs scems to have said this with special reference to wear.

PLUTARCH,

CANADIAN PACIFIC

- STEAMSHIPS – HOTELS

- RAILWAYS - EXPRESS

SAILING TO MANILA

EMPRESS OF CANADA

.Feb. 12.

TO CANADA, UNITED STATES and EUROPE

EMPRESS OF JAPAN

EMPRESS OF ASIA'

EMTELSS OF CANADA

..7.00 3. Feb. 8.

.0.00 am. Feb. 23. .7.00... Mar. 8.

Air-conditioned equipment carried on Trans-Continental Trains. Frequent Canadian Pacife Atlantic sailings from Montreal and Quebec, down the smooth BL, Lawrence Beaway, to Europe.

'i

MAKE BOOKINGS FOR 1938 EARLY — In order to ensure donirablo accommodation.

Information and rates from

Agents.

Hong Bank. Bldg.

Telephone 28021

Union

Building

Canadian Pacific

·STANT 'ENS WORLD

Telephone

20152

Incorporated by Royal Charter · 1853 HEAD OFFICE-LONDON. 33 Blihopigato, E.02. Paid-up Capital

*** £3,000,000

Reservo Fund.......................... £3,000,000

MANCHESTER BILANCIE 71 Mosley B., Manchester.

- ́AGENCIES AND BRANCHEB:

Alor Star Amritsar

Bangkok Fistavia

Bombay

Calcutta Canton

Cawnpore Cebu Colombo

Ipoh Ilotio Karachi

Klang Kobo Kuala

Lumpur

Kuching

Saigon

Semarang

Seremban

Shanghal

Singapore

Sitlawan Bourabaya

Taiping Tientsin

(Phuket)

Madras

Manila

Tongkah

Dell

Mcdon

Italphong Hamburg Hankow

Now York

Tsingtao

Pelping

(Peking)

Harbin

Penang

Hongkong Rangoon

Yokohama Zamboangs

Foreign Exchange and General Bank- ing business transacted,

Current Accounts opened and Fixed Deposita received for one year or shorter periods at rates which will be quoted on application.

The Bank's Head Omes in London undertakes Executor & Trustee burne and claims recovery of British Income Tax overpaid, on-ferma which' may be ascertained at any of ita Agencies Branched.

The P. & O. Banking Corporation, Ltd.

(Incorporated in England, 1920),

Authorised Capital Subscribed and Paid-up Reserve Fund.........

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE SAILINGS

SAN FRANCISCO & LOS ANGELES

Vis Kobe and YokohaIZIA

S.S. PRESIDENT TAFT Sails Monday, Feb. 7, 10 p.m.

SEATTLE AND VICTORIA

Via Kobe and Yokohama

S.S. PRESIDENT MCKINLEY Sails Monday, Fob. 14, Midnight.

MOST FREQUENT SERVICE ON TUM PACIFIC

DOLLAR STEAMSHIP LINES. AMERICAN. MAIL LINE.

PEDDEN BUILDING...UONG KONG.

CANTON' BRANCH)—15, FRENCH CONCESSION.

OUR BRITISH CROSSWORDS

20

ACROSS 1. If your friend can't be touched for a fiver it does not follow "that" he is intangible” like” this

(10).

0

Just the girl to cheat an artist (4).

10 "I let a cat up" (anag.) (10)..

11 Famillar ground (6).

12 Material double (5),

£8,000,000 10 Certainly an upholder of the £2,594,160 ... modern novel (5).

100,000 18 Is the boy who starts this an

"errand boy? (5). 117-127, Leadenhall Street, London, E.C.3. | ¡D One of the alleged birthplaces

HEAD OFFICE:

WEST END BRANCH:

of Peace, now discredited (7). 14-18. Cockapur Street, London, SW120 Catch a painter for nutty in-

BRANCHES-Bombay, Calcutta, Call-

terior (5).

cut. Coimbatore, Colombo, Hongkong. 21 A bone in the leg (5). Madras, Bhanghai, Singaporo,

Agencies: In all the principal towns of

the world.

22 A poem from-our dean (7).

23 Her heart of ice is broken (5).

General Exchange and Banking busi- 24 This must be broken to get 20 ness transacted, Loans and overdratia дегова (5).

granted on approved security, Current 26 The meanest contributor's con-

tribution (3).

and Fixed Deposit secounts opened,

SAVINGS ACCOUNTS IN LOCAL CUR-

HENCY:-Interest allowed at 2% per 29 Sound that can produce result

annum.

STERLING SAVINGS ACCOUNTS: Interest, allowed at rales which may be obtained on application.

TRAVELLERS' LETTERS OF CREDIT, TRAVELLERS' CHEQUES AND PAS- SENGER LETTERS OF CREDIT (for use on board P. & C. and D. L Sloamers and at Parts of Call) are issued at current Tale of exchange and free of commlesion. AMERICAN EXPRESS TRAVELLERS' CHEQUES #old and trahed.

British Income Tax Recovered. Executorships and Trusteeships under-

(aken,

O. H. BELL,

Manager. Hongkong, Gih January, 1938.

THE BANK OF EAST ASIA, LIMITED.

Authorised Capital Paid-up Capital .......

Reserve and Undivided

$10,000,000.00 $5,800,000.00

Profits ********* | 2,778,720.70

HEAD OFFICE BONGKONG

• 10, Des Voeux Road, Central,

BOARD OF DIRECTORS—

Sir Bhouson Chow, Chairman.

Li Koon Chun, Esq.

Tung Ping Wah, Esq. P. K. Kwok, Esq. Li Lan Bing, Esq. Wong Yin Tong. Esq. Wong Chu Son, Esq. Chang Chung Bhek, Esq. Kan Ying Po, Esq. EAN TONO PO, K#ɑ„, Chief Managet. LI TSE FONO, Esq., Manager. BRANCHES AND AGENCIES— Shanghai Singapore'. Bourabaya Swalow Sydney

Amoy

Melbourne

Dalsvin

Bombay Calcula Cantan

Namasaki New York

Haiphong

lankow Honolulu Kabe

Osaka I'rin Palping

•Panang

Rangoon

falson

Beattle

Benarang

Kowloon *fian Francisco. YokohaINA

(6)

31 It is I who stand between my parent and a helper, subatan- tally (10).

32 To reverse this gait would be

wrong (4).

33 Review (19).

DOWN

2 Most of this ditch was a bird

(4).

3 It might be a horse (6).

4 Well covered, certainly (6).

5 This only needs a bit to be

capable of boring (5).

Build (5),

7 Not to be laughed at, or be- tween extremes in story (10). 6 The forerunner of 24 across in-

war (10).

BANKS

THE YOKOHAMA SPECIE BANK, LIMITED.

Capital (fully paid-up) ...... Y.100.000.000 Reserve Fund maga

Y124,400,000

HEAD OFFICE:-TOKONAMÄ Branches and Agencies A

Alexandria Xlongkong Razycon-

Nilo de Janeiro Ban Francisco

Shanghai.

Bangkok

Tlentin Tokyo

Entavia Berita Bombay

sinking Karachi

Vancouver

Calcutta. Caston Dalton

(Dalny)

Kabe London Los Angsiew Manila Moji Narmakl

Desitle

Bemarang

Bingspora Bourabaya

Hamburg

Nagoya New York OLATU Osaka

Sydney Tientsin Tringto

Upkyo Yingkow

London Manila

change business transaṭted. Loans grante

Every description of Banking and Ex-Fen)

ed; on approved securities.

Current Accounts opened in Lost Cur-jankow tency and Fixed Deposits received for one year or shorter periods in Rock and Foreign Currencies-on-terms which will be quoted an application.

Safe Depoell Boxes, To: LaL

KAN TONG PO,

Mauáger

Paris Peting

Haybin Bonolulu

Interest allowed or Current: Accounia. Deposite received for fixed perioris at ∙rales to be obtained on application,

Y. KANO, Itongkong, 11th Septem/er; 1937,5

13 Silence is made to give per-

mission (7).

14 Epithet for a vacuum, or Д

-broken-organ-(7)~-

15 Inferior, especially if the house-

10

holder had to pay it (10).

Saying in which certain fea- tures have their face value (10).

17 A light request for help, often

18

(very arrangement

French Marshal (5),

25 Pacific island, (0),

of a

26 This animal is part of every

home in Farnco (5).

27 The occupant of this would not

necessarily be at home in Greek (5).

20 Ancient city canned in Italy

(5).

30 Colour (4),

YESTERDAY'S SOLUTION [GOOD STRAIN BED S ADOLE I. VOLUMINOUS- PILELA THORNUH B SMAN JEDDIEBSFET 1 FURZEERASSUNTIT 0 =Y ZUO PANEL {R'ANGE" UANDIEGE TEGEBATE TOOK A HEINE SIEWING RET LEGĦURNITU

BIBLE ABA LEN VALAGMITE

TRTY NURSERYMAN

WHEN AT HOME

The

Thongkong Telegraph.

MAY BE PURCHASED

AT

SELFRIDGE'S