Sir Harry McGowan Points Out World's Need:
West Knows Little of China Conditions What the world needs to-day 1s lead in wise spending rather than a continuance of the economy campaign which has been practised for the past two years, but this depends on, the restoration of confidence which can only come from more political stability than is seen to-day and a cessation of warlike preparations, declared Sir Harry McGowan, Chairman Imperial "Chemical Industries, speaking at a dinner given in his Tonour "at the Cathay Hotel on "Monday night, Oct. 9.
In a challenging' speech which touched on many world problems, Sir Harry turned to China' mention: ing the wave of economic nationalism ig" sweeping the *world and declaring that - China is no excep-
Of course we were materially ait {in our fiscal system, but to balance ju-our recovery By an alteration
our budget we took our medicine in the form of higher and higher "This" remarkable achievement could only have been attained with political stability and security. In ther countries there ate glimmers provement, feeble at the moiment 'T admit.: The sore spots the world are ebvious.to all of ts.
World Economic. Conference While the recent. World Economic Gonterence might, be written down fas a failure, T don't think we should fecept it og such. The great Powfers came together for the purpose settling outstanding world problems; but "while this has not to this desire to develop her be 'He suggested, however progress in this ' direction would' be much facili by association and by ce-operation with those older countries which have already tackled and overcome similar problems. done, what has hech "acco hed in my opinion is a reals Hon of what these problems are. Before you can solve a problem you have got to understand it, and the Conference gave that opportunity.
will "surely meet again inthe fature with much greater hope of
Text read from the printed page and cleaned; old type leaves the occasional error.