Singapore Grip - J. G. Farrell [178]
‘I can only give you five minutes, I’m afraid. Come into my study.’
Matthew had not been in Walter’s study before and was somewhat surprised to find that the room had an unused air. Walter himself had the air of a stranger as he looked around: indeed, he seldom used this room, preferring the tranquillity of his dressing-room on the first floor. He was looking impatiently at his watch, so Matthew explained that he thought it was wrong for the rubber companies managed by Blackett and Webb to be replanting healthy trees. Mature trees produced rubber badly needed for the War Effort; replanting them with immature rubber which yielded nothing simply did not make sense.
‘Monty told you, did he, about the excess profits tax? You realize that we make the same “standard” profit whatever we do?’
Matthew nodded.
‘And that replanting expenses are allowable against tax? Yes. Well, I agree that if we were the only people in the rubber industry there would be something in what you say. But alas, we’re not. We have rivals and competitors, my dear boy! If we don’t replant now with this new high-yielding material, particularly now when there’s a clear financial advantage in doing so, while our competitors do replant, where shall we be when it reaches maturity? Not on Easy Street, I can tell you! Because we’ll find ourselves producing half as much rubber per acre as, say, Langfield and Bowser at the same cost, or perhaps even a higher cost. It simply won’t wash, I’m afraid. Now does that answer your objection?’
‘Well, not really, no, Walter,’ said Matthew becoming physically restless as he always did when excited but controlling himself as best he could. ‘Because I don’t deny the commercial advantage. How could I? I don’t know anything about these things. But this is a matter of principle. Your argument is the one that businessmen always use when asked to make some sacrifice in the public interest: “We would like to help but it’s out of the question if we are to remain competitive.” The business community in Rangoon said exactly the same thing years ago when asked to make some contribution to the welfare of the coolies who were in the most dreadful state of poverty and dying like flies. But no! Spending money to help those poor devils would have made us vulnerable, Blackett and Webb included … You see, I’ve been reading about our dealings in the rice trade in my father’s papers and frankly … Ah!’ he grunted as the cat, which had taken a liking to him and followed them into the study, suddenly sprang into his lap.
‘The fact that an argument is often used, by businessmen or anyone else,’ replied Walter calmly, ‘does not unfortunately mean that it is any the less true. Would that it were! As for using all our resources now, as you recommend, for the War Effort and finding ourselves as a nation without any means of support when the war is over, well, I doubt if that is a very good idea. A nation, Matthew, is roughly speaking as strong as it is wealthy. And it’s as wealthy as, again roughly speaking, its individual businesses are healthy. And they are healthy only as long as they are able to compete with the industries and firms of other nations in their line of business. If we follow your advice the big Dutch estates in Java and Sumatra (which, incidentally, got on to new clones before we did) will have put us out of business by 1946 or 1947 when their new stock matures.’ Walter beamed at Matthew who, for his part, found himself at a loss for words, partly because this was an arguement he had not yet considered, partly because Ming Toy was kneading his trousers in order to test out his (or possibly her) claws, evidently not realizing that Matthew’s sensitive skin lay just underneath. Walter got to his feet.
‘But wait, Walter …’ Matthew sprang up and the cat, which he had forgotten about, in turn had to spring for its life. Matthew hurried after Walter. ‘It’s madness! With the Japs in the north of the country we should be producing every