THE CHINA MAIL, JUNE 23, 1988..........
NO CHANGE IN POUND-DOLLAR EXCHANGE
London, To-day.
U.S. APPROACH TO REDUCTION
OF ARMAMENTS
London, To-day.
A Commons question to the Chan- In a Commons answer, the Prime cellor of the Exchequer asked whe-Minister referred to Mr. Cordell ther, in view of the fact that Bri-Hull's recent statement that the tish export trade was being seri-United States were prepared to ously damaged by the fall in the join with other nations in moving | price level of primary commodities resolutely toward bringing abou: and this, in turn, largely the result an effective agreement on the lim- of adverse developments in the itation and progressive reduction United States he would consider of armaments, and said: "As I the desirability of recommending have already stated His Majesty's action designed to alter the present Government are in full agreemen! sterling dollar exchange rate and with these sentiments and will ne- raise the sterling level of com- glect no suitable opportunity of modity prices.
co-operating with the United The Financial Secretary to the States and other Governments Treasury replied in the negative. attain these objects."
to
He said the Chancellor did not Replying to a supplementary consider the action suggested question, Mr. Chamberlain remark- would be likely to achieve the pur-ed: "If any invitation is address pose stated and added it would be ed to us by the United States Gov. contrary both to the tripartite cur-ernment, we shall certainly respond. rency agreement and the statutory to it."-British Wireless. provisions governing the use of the exchange equalisation account. British Wireless.
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CODREANU FOR SALT MINES
Bucharest, To-day.
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The period of grace having elapsed since sentence was passed upon the former leader of the Rum- anian Right Wing Party, M. Codreanu by the Military Court, he was taken from the military prison the yesterday and transferred to
London, To-day. The Prime Minister received a the House of Commons yesterday afternoon, a deputation which urg-j ed that steps should be taken for salt mine, where habitual criminals erection in the precincts of Palace usually work out their sentences to of Westminster of a monument with hard labour.
late
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Codreanu's followers will begin on The deputation consisted of Mr. Saturday, the defendants including Lloyd George, Mr. Winston 21 leaders of the former "Iron Churchill, Mr. Attlee, Sir Archi. Guard."-Trans-Ocean.
bald Sinclair, Mr. Amery and Sirl
Percy Harris.
The Prime Minister expressed IRAQ ADVISER
his agreement with the proposal. and his readiness_in_view_of_the_
London,-To-day.
unanimous support which was re- The King has approved the ap- presented by the deputation topointment of Colonel C. G. Water- move the necessary resolution in house 89 Inspector-General and
Parliament.-British Wireless.
BUSINESS SLUMP DENIED
London, To-day.
The Prime Minister declined to accept a suggestion that there was a business slump, which occurred in an exchange with a Labour member at Commons question time.
Military Adviser, Ministry of De- fence, British Military Mission at- tached to the Iraq Army with the rank of Major-General vice the late
Major-General H. W. M. Watson.-
British Wireless.
PATRIARCHATE OF JERUSALEM
London, To-day.
The Colonial Secretary stated at Commons questiontime that it was He assured the House, however, hoped to make public next month that the departments concerned had the draft of an Ordinance to revise the possibility of a cyclical recession and amend the law relating to the in economic activity and measures organisation and administration of desirable to meet it constantly un- the Patriarchate of Jerusalem. der review. British Wireless.
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