1940-02-27 — Page 6

Tuesday,

HONGKONG TELEGRAPH

February 27, 1940.

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Hongkong Telegraphı.

Tuesday, February 27, 1940. Wyndham St., Hongkung Telephone: 28015

THE prex "Special to the Telegraph“ is used by the Hongkong Telegraph" to Indicate news which is strictly copyright under the provisions of the Telecommuni- cations Ordinance, 1016. Such news as bears the indication "0 is received in Hongkong on the date of publication by The United Press Associations, who re- serve all rights and forbid republication, either wholly or in part without previous arrangement

Loan Or Taxca?

HAD NOT the Hongkong Govern- meni Ananced Loan Works such 4s the

Jubilee Reservoir, the Kai Tack Airport and the Central Market from the Colony's Excess of Assets over Liabilities (pending reimburse- ment from two Loans which are to be floated at some nebulous date in the future), it would have been u comparatively simple matter to have made a substantial initial contribu- tion the Empire's war elfort without having recourse to new taxa- tion.

the however,

Colony's Since, visible Treasury balance has been re- duced from $17,000,000 a $3,000,000 by advances pending reimbursement, any donation from this source is out of the question.

to

the

LOVE

fam

JOE

LOVE

JDE

J

(Dr. Joseph Goebbels has announced that there must be more optimism and joy in Germany), Typical German Scene: Distributing crackers in a concentration camp.

Questions for the Premier

W

HAT are the Peace

Aims of the British Mr. Government? Chamberlain objects when asked to define them.

To do so, he said is the Hous of Commons would be futile and dangerous. Dangerous to whom. I wonder?

He considers that a determina- tion to defeat Hitlerism, combined with vague aspirations towards a "Utopian Europe" after the war, is all that a nation engaged upon a struggle which may, prove the greatest in its history needs to sus- tain it.

He considers that such aspira- flons-the roay bubbles of Bun- day evening eloquence-are in themselves sufficient to entitle us the sympathy and confidence of the great neutrals and of the German people.

I do not agree. _The_defeat_of_Hitlerism_15....of.

But as I said last week, it is not a Peace Aim. It is a War Aup. If we do not achieve it then we need not worry ourselves about the future of Europe. It will be a Nazi Europë. ›

Nevertheless, there seems no valid reason why the vexed question of the Colony's contribution to Imperial War Chest should not be answered the less by

course, vital, painful and completely voluntary method of War Loon rather than by direct taxation. was used by Hong- This method kong in the Great War and obviated the necessity for additional taxation until July 1, 1917-three years after the outbreak of hostilities-when a spectal War Rate of seven per cent. was levied on Property for a period of two years.

The 1016 Hongkong War Loan was quickly over-subscribed and-again without recourse to exira taxation- was repaid within a decade or so of the Armistice.

the

To-day, as regards Public Debt. Hongkong is one of the most fortun- ale countries in the world. The Colony's Public Debt on December 1 last stool at less than $10,000,000 (£1,000,000), or roughly two-fifths

Annual of our

income. Of British Colonies which obtain ap- proximately the same revenue, Uganda has Public Debt of £2,230,000, Mauritius of £3,000,000 and British Guiana of £4,857,000. Many parts of the Empire in receipt of less revenue have higher Public Debts. Among them are

Revenue Public Debt 514,000 £1,200,000 562,000

1,400,000 700,000

4,000,000 2,000,000 2,414,000 20,000,000 Newfoundland 2,000,000 Tanganyika... 3,000,000 8,000,000

Jersey... Guernsey

F Islands .. Jamaica

Кепул .......

3,000,000 17,000,000 Debts of other Colonies are:

Ceylon..

Strails

F.M.S.

Settlements

Gold Coast

Nigerin

£13,000,000

12,000,000 11,500,000

11,433,000 24.705.000

It has been argued that the peopl

But if we succeed, as we must succeed, what then?

The last war cost the nations of the world some seven million lives and at least seventy thousand million pounds in money. This war may cost no less before it is finished.

It is a big price to pledge in ad- Vanco

Chamberlain's for Mr. castle in the sky, of which we must not even ask to see the plans.

What is the good of Mr. Cham- berlain talking in vague generall- ties about a new Europe with a new spirit? There were plenty of fino

by FRANCIS WILLIAMS

moral speeches during the last war. And look at the result.

What is the good of Mr. Cham- berlain telling us that the now Europe will come into being gradu- ally over many years? If the his- tory of the world has any lesson, it is that what is good does not simply triumph of its own goodness.

Those who wish to alter the world for the better must think hard and work hard. They must know what they are prepared to sacrifice and what price they are ready to pay.

Bays Mr. Chamberlain, it does not need a war to bring the idea of a better world into men's minds.

Well, Mr. Chamberlain has been either head, or an influential mem- ber, of the Government of this 'country for the past eight years. What sort of a new world has he tried to make in that time? What sort of a world has ho in fact assisted in making?

Why should he consider that on. his word alone or on that of any member of his Government, the people of Britain, the people of the neutral countries, the people of Germany, shall rest assured that after the war there will be estab- Habed a new Europe in which the nations will approach their dim- culties with good will and toler- anco"?

That is too big an assumption to accept on the mere word of any man in the world.

It comes from that same stock- pot of complacency and wishful self-delusion out of which came

the watery soup of appeasement. the sawdust banquet of "peace in our time."

Good will and tolerance and a new order of international society will not spring unbidden from the soil of war.

It is, of course, true that Britain will not alone have the making of the peace after the war. It is, of course, true that no one can yet foresee what shape the new fron- tlers of Europe will take.

But the durability of the peace will not depend solely on frontiers. It will depend in no small men- sure upon the economie stability of the post-war world-upon the avoidance of such another econo- mic crisis as has previously always followed war.

If there had been no economia crisis in 1931, we should, I firmly bellove, have been at peace to-day. It was not the Versailles Treaty which made Hitler master of Ger- many. It was the economie de- pression.

The Versailles Treaty-or rather certain clauses,of the treaty-gave him his first inspiration and pro- vided him with the raw material of his first propaganda. But econo- mic depression was the recruiting sergeant which brought him to

Dower.

If the present war leaves behind it the same legacy of economic dis- organisation and Anancial chaos we shall see the samo destruction of fine ideala; the same emergence of dark and barbaric forces; the same world-wide impoverishment. What have Mr. Chamberlain and his colleagues in mind to provent that happening? What sacrifico of economic privilege are they pre-

Lindbergh Out

Of Air Job

WASHINGTON.

the Prince of Wales' Relief Fund and on an efficient war-time basis.

£170,000 for the War Charities' Fund The fact that taxpayers in the Committee. From the Colony's sur- United Kingdom are being called plus balances and the proceeds of the upon to face an Income Tax of 7s. 1016 Hongkong War Lean, a total of in the £ is applauded in some quor- $10,230,000 was remitted as a special ters in Hongkong as if, almost, it contribution to the Imperial Govern-were a virtue, and it has been ad-

the vanced as ment,

chief reason why

Colonel Charles Lindbergh has re- Additionally, the Colony was in- Hongkong should make an equal ridiculous in volved in a local war expenditure of sacrifice. The idea is $1,354,292 for such itens as main-view of the dissimilarity of financial signed his membership of the National

problems economic

existing in Advisory Committee on Acronautles, tenance of prisoners of war and their and familles, cable and postal censor- Motherland and Colony. The United not because of any immediate break ships, transport of recruits to and Kingdom already had, at the out-with the Administration but owing to

a Pubile Debt of cumulative causes. from England, war propaganda, en £7,002,000,000, or £172 per capita

etc. break of War, It is interesting to note in this con-

He has realised for manths that he nection that

the highest items were a Debt which has since been in- of this Colony should make great $202.080 special allowances to creased by £1,000,000,000. Nothing was out of tune with the Government. sacrifices in order to prove their

Civil Servants at the Front and Hongkong or any of the Dominions This manifested itself first publicly. can do no sacrifice, when he openly opposed the Pres!- loyalty to the cause for which the

$366.737 as a special War Allowance or Colonies Empire is Oghting

But we weren't

to Civil Servants over one-third of however great, they are prepared to dent's plan to repeat the arms cm- alter this unalterable.bargo and lent himself to the Icols- accused of disloyally when we

the total amount expended in the make-can not follow the fend of the Mother-

Colony on the local war effort going fact: the United Kingdom, rich as tionists' cause while the Senate was

to in-debating the issue. she is, must have recourse land in the 1914-18. War.

to Civil Servants. the people of this Colony, in addi-

He has also been under attack in These totals did not include the creasingly heavy taxation it tion to over-subscribing the local

cust of maintenance of the Ifongkong Public Debt is not to impose War Loan of $3,000,000 in the last

ship, with the Nazi regime and for beur. Defence Reserve, which was mobi economie and financial burden too many quarters for his close relation- War, Invested in British war loans

receiving a decoration from Hitler. the amazing total of £0.600,000 Ilsed, or the Colony's usual Milliary stuggering for the people

Finally he incurred further hosti- Contribution to the Imperial Govern-

That position does not obtain in Hongkong. We have a Public Debtly from the Press for his arrogant It should be emphasised that Hong-which, empared with seost other attitude toward it. President Roos- revenue during the 1914-18 Colonies, is infinitesimal. It can be velt had no hesitation in accepting war years was less than two-fifths increased fitteen or twentyfold with-his resignation.

In fact

which, at current rates of exchange, ment; is approximately $110,000,000. This amount, it should be emphasised.

kong's subscribed at the was voluntarily Maximum. xixo

of £1,675,000 per annum for four years-double the amount which Government proposes to raise to-day through extra taxation, and more than the entire Clovernment revenue of each of those years.

effort

CHEUNG

PHOTOGRAPHERS 15, 23, Ice House Street.

The Colony's voluntary

Tel, 26379.

In the last war did not end with

Anancial this extraordinary tribution. We raised £41,000 for

con

the

on

of the total revenue obtaining to-day out straining our economic resources Yet the Colony was able to finance or imposing a burden which would

sit these war undertakings by having make the annual Budget a problem. mic system. It can finonco our recourse to only one War Loan and For nt lenat three

yearn the contributions for that period on a by the imposition, during the

bas

Last

two years of the war, of a seven put period, Incidentally, that Britain has truly voluntary besls-on

herself for war-this which would indiente more clearly

prepared

cunt. levy on. Property. It would Colony can finance is entire war than compulsory taxation the unani- certainly appear that the Government effort without in any way disturb Imity of our people's desire to aid the of those days was able to function ing or impairing the existing econo- Motherland,

pared to contemplate? What pool- ing of world resources, what con- trol of nance are they ready to accept?

Mr. Chamberlain declares" that the British colonial system is al- 'ready operated as an international trusteeship. Has he so soon for- gotten the Ottawa Agreement which reduced the proportion of German goods entering British markets duly free from 80 per cent. to 4.5 per cont and gave to that country and to Japan, which was even more hardly hit, a new excwe for aggression?

that

I remember writing, as agreement was signed, that the effect of the polley of Imperial Preference in increasing economic Inequality among nations and strengthening the forces making. for war, could not casily be exag- gerated.

I do not, in the light of events, feel that I have anything to with- draw.

Are we going to make the same “mistakes`ogala?~~Or are wo`going,

lo night this war with a practical Ideal in front of us? And are wo prepared to tell the world what our contribution to the now, world. order will be?

Of course we cannot draw up in advance the terms of a Pence Treaty whose date and circum- stance we cannot know. Of course- We cannot assume that our ideas will alone prevail when the peace conference is held, for whatever the terms of peace, they must be negotiated, not dictated.

Bat there are certain things we can do, I ask Mr. Chamberlain It he will do them

WIL he, as an evidence of sincerity, give- these three guarantees?

(1)

now.

Will he announce that after the wor Britain will give full democratie. freedom to India and to any of our Colonial dependencies ready for it, the decision, in case of dispute, to rest, not withi Britain,

but with an Inter-

national Court?

(2) Will he announce his Government's readiness to

· place the whole of our non- self-governing

possessions under International mandate

to be administered under inter-- national supervision for tho common good as a free trade area with none but strictly- revenue tariffs?

(3) Will he guaranien, that Britain will not accept any in- crease of territory as a conse- quence of the war, and will not demand, as we did last time, financial reparations from the defested enemy?'

not

Theso undertakings will solve the world's post-war prob- lema much more of planning and effort will be needed than that. But they will do something to holp. And they will give to the people of Britain, to the people of the noutral countries, to the people of Germany, an assurance of ain- cerity that no smooth promise of a vague Utopia can offer.

If you mean what you say, Mr. Chamberlain, givo' theso" guaran- tesa now. If you will not give them, then toll the people why not, só that they can judge you. V