The New Age, Vol 28, No 6
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NOTES OF THE WEEK. ART. By R. H. Stephens. WORLD AFFAIRS. By M. M. Cosmoi. A PERIODICAL. By J. A. M. Alcock. OUR GENERATION. By Edward Moore. VIEWS AND REVIEWS: Psychic Research -- VIII. By A. E. R. READERS AND WRITERS. ByR. H. C. REVIEWS: Crucible Island. Ann’s First Flutter. DRAMA: The New Morality. By John Francis The Ivory Trail. Hope. PASTICHE. By R. M., N. C.Hermon-Hodge, Ruth MUSIC. By William Atheling. Pitter. much more likely to come off than to fail. And in NOTES OF THE WEEK. the second place, our readers will not be surprised to hear that we ourselves are not in the least surprised by Much the most significant event of the week has been it: the event has long been inherent in the existing the public initiation by the “Times” of open naval commercial system and has always, in fact, been open rivalry between this country and America and Japan. to calculation. Modern industrial nations, as we are Those who can recall the attitude of the Northcliffe always pointing out, are permanently faced by the difficulty Press towards Germany in the days preceding the War of providing employment for an increasing number will have no difficulty in discovering resemblances and of people rendered useless by increasing economies in drawing the appropriate moral. “With the present of production. Their only possible means of relief, building programme of the United States and Japan in short of a radical change in the domestic distributive full progress,” we are told, “it will not be long before system, is an increasing export; and since, in the the British fleet . will rank third among the navies nature of things, foreign markets cannot continue to of the world.” The design, of course, is not to institute absorb with a diminishing purchasing power, an comparisonsfor any inimical object. In fact, the ever-increasingmass of imports, one of two things must “Times” hastens to remark that “it cannot be eventually happen: either one industrial exporting repeated too often that insistence on this point is inspired nation must go out of business in the certainty of by no fear of possible hostile intention, either in the creating for itself a gigantic unemployment problem United States or in Japan.” The policy is entirely leading to Bolshevism, or it must attempt to knock out abstract, a matter of statistics only. At the same time, its rival by war. There is no particular “wickedness” “the nation cannot be indifferent to a state of affairs that we can see in the policy thus enforced on the which constitutes a complete reversal of the pre-War executivesof the rival nations. If, for example, we knew for Navy policy of this country.” We should think not, a surety that the Committee of Imperial Defence; which indeed, considering what our pre-War policy brought has been silently sitting ever since the Armistice, had us to; but the powers behind the “Times” know been spending its time planning war with America; or perfectlywell that insistence upon the point at issue cannot if, on the other side of the Atlantic, it were revealed be regarded as merely academic either in America or that Mr. Harding’s policy is war -- we could find no in Japan. A statistical comparison of naval strength is ground for such denunciations of human wickedness the familiar diplomatic forerunner of a comparison in as adorn the pages of the “Nation” and Mr. Morel’s other terms; and we once more put it to our readers, “Foreign Affairs.” The wickedness is resident, not in whose responsibility is greater than that of any other the executive policy, but in the legislature that defines body of people in this country, whether they are the object of the policy; and, briefly, so long as both content to see, within a measurable period of time, a war this country and America, with the full consent of their between England, America and Japan. For ourselves respective Liberal and Labour parties (not to mention we cannot with our poor resources and against the the hypnotised public), continue to tolerate and support malice and apathy of the whole of the Press do much a system that actually requires an increasing export to more than continue to point to the approaching peril. maintain it, so long will it be the absolute duty of their We are in number, all told, only two or three; our executives to employ the necessary means, of which readers are a few thousand, many of them highly and war is, of course, the chief. powerfully placed. And it is for them at least to second * * * cur efforts to avert the greatest catastrophe that can The American Note sent by Mr. Colby to the British occur to the human race. Government on the Mesopotamian oil agreement * * * particularly and on “mandates” generally “politely but It will be useless, we may say, to attempt to meet firmly” indicates the policy which America is not only the situation by denunciation, still less by indulging disposed to adopt, but must adopt within the four the opinion that, after all, it is only another of Lord corners of the existing system. In summary, America’s Northcliffe’s “stunts.” In the first place, we have demand, as “a participant in the world war and a every assurance that if it is a “stunt” journalistically contributor to its successful issue,” is for a share in the speaking,“ it has the backing of a considerable party swag, among which, first and foremost, must be among the governing oligarchies both of this country included a share in the access to the world’s oil and America; in other words, it is a “stunt” that is resources. Oil, it need scarcely be remarked, is a key-product in every sense of the word. Oil to-day is At the Guildhall banquet a few weeks ago, Mr. Lloyd power; and it therefore follows that not only is George asserted that “things were coming right.” At America’s claim justified on the moral facts of the the dinner of the Federation of British Industries last case, but her enforcement of the claim is to be expected week he had recovered from his optimism and was on the grounds of economic necessity. We do not ready to say that the period of depression now upon us pretend to know what reply Sir Basil Zaharoff and his might be long or short, hut in any event it would be friends will dictate to be made by the British and serious. Without pausing to inquire what England has French Governments to America’s demand. It may done to deserve a weathercock for its Prime Minister, be that the threatening articles of the “Times” are we pass on to note the remedy Mr. Lloyd George had the preliminary clauses. But there cannot be the least to offer. If our report can be believed, his remedy for doubt that, as things are, threats or no threats, a situation in which Production almost tragically America must and will have as much oil as England exceeds Consumption is to consume less. There must, and France, cost what it may. The “Times” Washington he said, be the most relentless economy all round. The correspondent,one of the most intelligent journalists “orgy of expenditure” that had taken place had been living (though we do not know his name from the ruin of industry after a war such as that in which Adam), summarised American policy very clearly in his we had been engaged. Everybody, in public and dispatch of last Monday. The question of foreign private station alike, must spend less. How a reduced trade, he said, was being studied in America with a demand for commodities at home is going to make up closeness hitherto unknown. The Merchant Marine for a deficiency of demand for commodities abroad we was being developed at a rapid rate; the practical are sure that Mr. Lloyd George has not the least idea. problems of lines of communication were being seriously As we have said, the immediate cause of the industrial tackled; and, above all, the extension of oil resources slump is the cessation of demand chiefly, of course, under American control was being sought with the from abroad. Foreign nations simply have not the utmost determination. Once again, we cannot see that money with which to come to our market. Mr. Lloyd it could be otherwise. Long ago, and when Mr. Vanderlip George’s remedy for this state of things is to urge the and Mr. Brandeis were trying to reassure this home consumer to follow voluntarily the example country that America would not “go in” for foreign compulsorily set by the foreign consumer: in a word, to trade, we observed that America had no option in the reduce consumption all round. matter, save by a domestic industrial revolution. * * * Foreign trade as a means of disposing of American “surplus” production is as necessary to America as it It is improbable that when Napoleon or whoever it is to this country, the alternative being unemployment. was said that the English were a “nation of The recent creation of three or four million unemployed shop-keepers”he had in mind the refinement of the phrase. in America is sufficient evidence of America’s need of Mr. Lloyd George, however, in his references to our foreign trade, and a sufficient explanation of her recent shopkeeping and the present shortage of European Note to England. Nor can the situation be eased by customers, might have been expected to distinguish words alone.