BRITAIN FOR PEACE

Feilding Star, Volume 7, Issue 2304, 5 September 1929, Page 7

BRITAIN FOR PEACE

EUROPE’S IMPRESSION

THE PREMIER'S ORATION (Aust. and N.Z. Cablo) London; Sept. I. . It is recognised throughout Europe that an outstanding feature of Mr MacDonald’s speech at Geneva Was the declaration that Britain. was signing the optional clause of Tine Hague Convention. Mr MacDonadl spoke with a lire and an enthusiasm which some ioi:eign commentators say have hot been shown by a British delegate since the days of Mr Lloyd George or an occasional impassioned utterance by Viscount Cecil.

T! b speech may be summed up as elaborating in every possible direction that the present Government js anxious to co-operate vsitlx other nations in working for peace and disarmament. As the speech was delivered in English, the great majority of the delegates had to wait for a translation, in which many passages lost the fervour of the original delivery. The passages which won the warmest eJioers* were rsfororce to tie 'v:yd-

ly improved situation since lie last addressed the Assembly and gratitude tor the successful termination of The Hague Conference , resulting in the evacuation of the lihineand live years before the evacuation liad been expected, the 1 announcement that Anglo-American naval accord already covered 17 out of probably 20 articles, and above all the declaration • that- the British Government had decided to sign the optioual clause of the arbitration treaty during the present Assembly. In this passage of his speech lie in no wise referred to the subject of reservations.

A shining example of the way the thing should be done is provided by the Darling Down; Co-op Bacon Co. Queensland,:' 'says an Australian! writer. This concern bled .its first grunter in 1912, and accounted for 8232 that year. Last year 09,438 squealed tlLeir last on' its floors, providing £374,000' worth of hams, bacon and by-products. Commencing when the pig industry In Queensland was at a low* ebb, it became a. prime factor in raising and stabilising the market. It has paid the highest ruling raten to producers, written off £52,000 for depreciation, accumulated in assets £157.000, handed (round in deferred-pay bonuses on pigs supplied £03,000. and bonu)shares (fully-paid) worth £80,388. Dividends at 6 per cent are paid on the till! issue, and, alj the subscribed capital amounts only to £23,000 this represents 30 per cent on actual investment to the enthitl.siasts who first; threw in their modest tc/nners. 1 5 I -