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THE CHINA MAIL, THURSDAY, FEBRUARY 21, 1946:

CHAOTIC CONDITIONS World's Most Sensitive Money Market

Food Crisis Imminent

In India

New York, fish, 20,

{L

་་

The case for sending Food to Indin was presented to "Aneri- cans to-day by Willinm Philip | Sinmes, foreign editor of the "Scripps-Howard chain of new:. paper, in column herded "Famine on the March."

Mr. Simms wrote: 4122 Washington office of the Guy- ernment of India has informes) the writer that famine will hit a population almut equal to that of the United States in the next 90 days.

The only salvation lest in outside aid, estreially in wheat and rice.

"Millions are alretly Bring under aruine conditions. Many now receive less than 1.500 pa tories daily. Food reserves will be exhausted by May, accuiling to a wire from Madens, and un- iss relief comes in time deaths may be counted in minus.

- 1943 some 1,580,000 - ple died in the Bengal fami Yet, the food shortage there was not as severe as nuw experlengd in Madras Mysore and other parts of India.

"This fine, however, tinka to better control and dial ibu. tion, the number of victims will But ardly be proportionate, barring a miracle, they will b emsiderable." Reuter.

Old

Huge Fortunes Criticism Of Won---And Lost

میم

A

SHANGHAI, FEB. 20.

OPERATING IN POSSIBEY THE

MOST SENSITIVE

· MONEY MARKET IN THE WORLD, SHANGHAT'S SPECULATORS HAVE BEEN MAKING-AND LOS- FORTUNES SINCE JAPAN'S SUR. ING-HUGE RENDER. CHAOTIC ECONOMIC CONDITIONS HATE DEPRE GLITED THE CHINESE NATIONAL DOLLAR FROM ABOUT CN.$650 TO US$1, IN SEPTEMBER TO CNS2,000 IN THE MIDDLE OF FEBRUARY, THIS DEGLINE HAS BEEN BY NO MEANS UNI FORM, HOWEVER, PIOLENT FLUCTUATIONS COMING IN CYCLES ON THE HEELS OF RUM- OURS, LINGLEY MANUFACTURED BY THE BIG SPECULATORS

U.N.O. Big Power Veto

Its a plag opinion.

French Give Marcus Island Now An

Up Extrality

Chungking, Feb. 20. A Treaty under which France is to relinquish her extraterritorial and related righte in China will be signed shortly. The Foreign Minister, Dr. WanG Shin Chich, will represent China at the signing-As- sociated Press,

Those Oil Shipments

Washington, Feb. 20..

Honolulu, Feb. 20, The Philippine delegate to the U.NO. London conferettee, Colo- nel Tomins

cabili, told an L. interviewer that as "long his the

The nominee for the pest of U.N.O. dominate bls

Dawer+ through the vety, power

Navy Under-Secretary. Mr. Ed- on the Security Council there can be no Win Pauley, told the Senate Com- inniority in action by the smaller mittee Shat some of the all re- by his petrol corporation and U.N.O. cannot be fined

was sent to Japan but he said an effective force for peace unless

that he wage- a constant cam changes are made,

Cabili asserted that the "big naign to discourage the phinment

Japan. Dowers are merely using U.N.O. of American pil to

Pauley and that he sold not for public in a bid

directly to the Japanese Govern has been too muement but to brokers who in turn The market in ever quiet, rate of exchange for five months No stones dørs il avern settled but so far nothing bag been fixed. | recrst dindspicion on

sold to Japan and admitted know- the art of some nations." than some new "Tactor," how

EASY TO MANIPULATE ever chimerical, starts a decline

Indonesian independence bid. He

Javanese. in the value of the Chinese Nu-

said that "independence for the tional Currency.

Shanghai market is that the Gov. Indonesings and other peoples in the Far East was merely carry Universul lack of coadence uerenght has finally fixed a foreign the Chinese currency in at the exchangu

ing out the spirit of the Atlaatle rate--naturally not +

but all peoples Brst | bottom of this situation. No one level considerably higher than th❘ Charter

must prove themselves worthy of wants to keep it. The man with one prevalling on the black mar

upital holds in Aprican dul-ket Or else the rumour may be independence."Agrociated Press, Jars, old bars or commodities. that the Government has received The failure of the Government a huge loan to back is currency--

and down goes the rate. Lo fix an cuuitable ofBeiul rate of The aneculators who manipulate EXPLOSION

The most popular rumour on the

Isle Of Peace

MARCUS ISLAND, FEB, 20.

THIS TINY FORMER OUTPOST ISLAND GUARDING.

JAPAN JUTS UP LIKE A TRIANGULAR FRECKLE ON THE FACE OF THE SEA. 720 MILES FROM THE NEAREST LAND SMALL AS IT IS THERE IS ...NO QUESTION BUT THAT AMERICAN FIGHT- ING MEN WOULD HAVE PAID HEAVILY IN BLOOD AND LIVES FOR ITS CAPTURE HAD NOT THE UNITED STATES' STRATEGY BEEN TO BY.... PASS IT..

FOR YEARS BEFORE THE WORLD WAR II THE JA- PANESE HAD DRAWN A GLOAK OF SECRECY AROUND THE 340-CRE CORAL STRAND WHICH THEY OCCUPIED IN 1899 AFTER THE UNITED STATES HAD GAINED POSSESSION OF THE PHILIPPINES AND OF GUAM AS A RESULT OF- THE SPANISH-AMERICAN WAR. Marcus Island was used as a Marines. The island's role now wenther and radio station-and is as a base for staging aircraftsProxy. to the other Japanese posses- sions in the Central Pacific. As y many us 4,000 of the Emperor'a soldiers were crowded onto. Ita flat top.

Six-inch batteries mounted

I pressed rympathy for the ing that the final consigneċa were concrete guarded the reaf-fring-i

APARTMENT

Lante

vir-

exchange between C.N.C. arl the market seem to have no diff- foreign currencies makes it possi-culty in swinging it whichever

New Orleans, Feb. 20, ble for speculators to exploit the way they please, and lack of An explosion, followed by Bre,

the offteial action makes At present money market.

their task wrocked a 14-apartment. negro niiciun} rate of exchange between even easier. Many speculators housing unit to-day. killing an Chinese National golfars and 1-5. only deal in the cross-rate between undetermined number of occup- dollars is 20 to 1. n the black U.S. dollars and gold bars. They

injuring numerous market it is 2,000 to 1.

since C.N.C. reason that

Vir others. has Lually worthless,

if they buy

The brick structure collapsed American dollars with Chiness and rescue workers were not able dollars and then sell at a higher to enter the ruins for more than have more an hour after the blast. Police rate, although they C.N.G.. its purchasing power has and firemen said that only a few

in the meantime deteriorated in such an extent that they actually ing.

only deal in the cross-rate, which { of persONA

The Chinese Government been prontising a revised

Methods Enough In

official

Not Good Shensi

SIAN, FEB 20. GENERAL CHP SHAOCHOU, CHINESE WARRIOR WHOSE PEOPLE WERE ON THE BORDERLINE OF THE JAPANESE, ENVASION AREA DURING THE WAR, HAS ONE GREAT PEACETIME AMBI TION TEACH HIS FARMERS AMERICAN AGRI- CULTURAL METHODS,

Canadian Inquiry

Shenai Province, with a popa-

Into At-Bomb Leak General Chou, who is the gut.

(Continued from Page 1)

........

one of

peace--Associated

Kilkenny And Gladstone

Kilkenny. Feb 20, Kilkenny has reached round. Pauley read a telegram he had ed shoreline. Mines and barbed |

In round ent former Interior Secretary Wires blocked most of the ap- two of the contest over the bust Ickes on June 17 1941 declaring prouchable benches. A fantus- of Lord Gladstone. that Japan appeared to be for- tically intricate series of pill one the Corporation ordered re- sing a showdown in the Nether boxes, blockhouses and rifle pits moval of the bunt from the Town lands East Indies and telling were connected by trenches. The Hall. In round two notice was motion to rescind the Ickes that if Japan was allowed buildings sheltering personnel, given of to intrench herself there she administration and shops were decision. would be in a position to carry of reinforced concrete. Its dr. Three applications have been on an aggressive warfare against fenses were well planned. received for the bust from China and the United States for

The first raids against M-C. J. Gladstone of Glanmire years. He sald that Ickes re- Blied on June 20 that he would cua Island located north east of County, Cork, who claims to be the only surviving male member take up the sublect with Presid- Saipan along the sea road to ent Roosevelt.-Associated Press. Japan vere staged in enry of the Gladstone family, from March 1942 by war planes from Mrs. Nan Dingle of Cornwall the carrier "Enterprise." Con- and from Mr. Thomas Munnigh. centrated attacks followed later When the resolution lering when B-29's used the island in removal of the buat was passed, Tokyo, Feb. 20. The Kyodo News Ageney said practice raids and then torner! the meeting described the Cor-

porntion's netion as "irregular · that 2.785 persons submitted their the job over to B-21'4.

qualiscation as

500 KILLED

and a disgrace to Kilkenny."——-* applications for candidates in the forthcoming They did their wark so well Reuter.

election, The Renern!

Liberals that when the Americans took"] for parties with 362 applicants. killed by bombs, another 500 hod followed by the Social Democrats died of starvation and the gaunt Demand with 309. the Progressives with

JAPANESE ELECTION

APPLICANTS

persons escaped from the build-head the list submitted by the ma-over 500 Japanese had been Mongolian

lose money. LF. however, ther It is estimated that the number

occupying the unit ever way they end up they hav rah to 60 or more--Associate a sound holding either American | Press. dollars or gold bars.

AN EMERGENCY

is

This cross-rate also subject to tremendous Juctuations. In two days recently the price of a 10- Dunce bar went, from U.S.$715 to $640. and then back up again to $776.

In an effort to check the activi

the

temporarily

---Associated Press,

Winking A Blind Eye With A Difference

LONDON, FEB. 20.

LIAN "BLITZ" VICTIMS BLINDED OR PARTI- 'ALLY BLINDED AS A RESULT OF THE WAR ARE BEING FITTED WITH PLASTIC EYES WHICH ARE SO NATURAL AS TO DECEIVE MEDICAL EXPERTS. THE EYES RESPOND TO MUSCULAR ACTION AND EVEN "BLINK."

Chungking, Feb. 20

24 and the Communists with 116. survivors were eating weeds, birds and a few squash puan)- kine they had managed to grow Bevca representativen if the "Eastern Mongolian in the gardens. Only one scarso-called red tree remained standing.

People's Republic" have arrived United States Navy Captain in Changchun, capital of Man- A. E. Loomis, Commander

churia. reports the official army Marcus Island, said that when organ "Peace Daily News." the American

It is learned that the repre- forces vecupied- the island they found about 60 sentatives are demanding auto- Japanese trucks and B dozen nomy and in a letter baring 40

intact. traks still

They were signatures issued to-day express- quickly turned into junk by a ed strong opposition to the "Su- series of race staged by the viet's insistent demands on the Marines and the Seabees. The Chinese Central Government in wrecked equipment was. then utter disregard of the letter and bulldozed into a long ivide spirit of the Sino-Soviet Trea- ty." The letter adds: "The Chi- trench and buried.'

Marcus to-day is principally nese people will not allow the useful as a stopping point for north-east to be enslaved again.” the Navy Air-Transport planes.Reuter. The manufacture of the eyes til our tasks have bren com en route to Tokyo, 1,000 miles

planes was once one of tierniany's pleted. That will probably be north-west. The jealously guarded secrets; but a considerable time yet."

checked and gassed here after An idea of the derand can be their 760 mile flight from Wake new currency with proper back-during the-war British seient-

toists succeeded in producing eyes gained from the fact that from Island. ing, there can be no solution

The made the beginning of the war nutil

has principal runway

Cairo. Feb. 20. by Germany.

the new plastic eyes were pro- been extended t 4,900 feet vency-Beuter.

Premier Ismail Sidky Praho's what is rapidly becoming an emer-even better than those

In addition to avoiding the duced a few months ago, the from the 3,500-foot length con- "glassy stare"

of glass eyes. Ministry of Pensions had ac-structed by the Japanese. Along now. government yesterday won a these plastic ones are lighter commodated 46,000 blinded ser- a second runway built by the vote of confidence from the Cham

ber of

Deputies while studente and, being unbreakable, are not vice personnel with glass eyes. former owners are Amerienn continued their demonstrations liable to splister in accidents. All these, as well as those not Administration buildings and demanding the withdrawal of or under difficult working or yet fitted with any arifeinl cyes the living quarters for the oc- British forces from Ervat. climatic conditions as the glass it all, will now be wanting the cupational force of apprceci.

new plastic ones.-Reufor! variety do.

mately 700 soldiers, sailera and

lation of nearly ten million, 8ties of the speculators in Shang- | THOUSANDS OF BRITISH SERVICEMEN AND CVI- per cent, of which are farmers,hai, the authorities

American is an important segment of west banned all trading in

dollars and gold bars on Feb. 15 China's "heartland,'

"Oficial" but even though black market was raided by the police and manipulators rounded up. "black" black market rates were quoted. It is felt that unti! the anthurities take strong nion sures to settle the currency situa

new official tion, either by fixing rate of exchange Tr by issuing.

mble Governor of Shensi, said: "To-day it takes 204 farmers in the province to equal production per to say anything more about of one American fariner. it. The tir is in the hands going to change that. Methado which were used three or four of the Canadian Government"

Mr. Attlee spoke in reply to thousand years ago will not the needs of modern Communist

Wiliam allacher serve who demanded publication of the, China." "Amount of money spent by Speaking to n representative country in afgrimtional of the Associated Press at the famous Hot-Springs baths of spying."Associated Press,

Yo'ing Marshal.

1isuel-liang, Chang held Generalissimo Chiang Kai-

this

Lin Tung-where the Rush In Japan

shek a prisoner in 1937 Con- For Small Money

.....

be recalled.

SOVIET PRESS

Moscow. Feb. 20 The Soviet

yesterday eral Cha outlined his iden on Bress

Tokyo, Feb. 20. published without editorial com- ngriculture.

of Minister

The smaller denominations ment Canadian Prime

He said be expected to in-

An official of the Ministry of Mackenzie King's statement dicrease

Japanese currency notes have be production in cotton,

gun to disappear in the rush for Pensions stated that no plastic closing that enuployees ย ณ

eyes would he available for ex- foreira Levation in Ottawa had wheat, rice and other comme

Under the recent Government port or to be sent to Europe - been involved in expionage activities through American farmingsmail money."

only ten der U.N.R.R.A. anti-inflation measures

schemes for secret information. Moscow radio chers to study American farm ven notes or larger oues are to some time to come. ties nultine in the leakage of methods with a group of tea-

"Although we have been mak- also carried the Tass dispatching.

The General said he hoped to

As a a result some Japanese b Associated Press.

obtain United States assistance can collecting notes of the small-ing unbreakable plastic eyes fur to introduce modern farm an er denomination. In the binck more than six months, the de- grent, he added. chinery, including tractors, Into market money-exchanges a single mand is still

to send anY Washington. Feb. 20.

Shensi

ten yen note can be exchanged for "It is impossible

etes abroad.

For our own work. Senator Brien MoMahun, demo- To-day millions of farmers in 75 yen and three ter en nues, there is one medical expert in

are traded for four fiva von crat of Connecticut, Chairman of Shensi are tilling the soil exact.

There are unconfirmed atories charge of production and three the Senate special committee on

special technical cherry said yesterday as their ancestors did the of well-dressed Japanese offering women with

Plowing

ten ven notes ta bezcars for qualifications are engaged in that the current heurings by the sands of years ago.

In and transport was still done by handful of conner coins of smaller colouring the iris eo that the committee had not resulted

denomination notes-Associated the disclosure of valuable atomic human hand or with the assist

oyes look natural. nnce of a few animals.Asso Press. ciated Press.

DISCLOSURE DENIED

atointe

He said that Secretary of War Patterson and Major-Gen Leslie Groves, head of the atomde pro-

lect, commenting on the current Officer

story that authorized war de partment sources had complained that valuable atomic, seereta hnd been disclosed in the course of the committee's work "have both Assured me they do not know of any such discipaures. There have beon note.Associated Press.

"BLACK MARKET"

Astonished

Military Courts In Japan

now

death,

16-

"There have been uumcLOUI requests from abrond including Russia, but none of the plastic. eyes will leave this country un-

are

U.S.IPHONE STRIKE *

THREATENED

NEW YORK, FEB. 20.

CONFIDENCE IN SIDKY

The now Premier earlier enve the Chamber his pledge to work for. the complete independence of Erynt and for unity between Egypt and the Sudan,

RADIO

4

THURSDAY, FEB. 2tal, 1948. STUDIO HAL LORENZO AT THE MANO.

ZBW HONGKONG brondongling on Ja frequency of 640 Kilṣcycles and frem 13.80 to 1.90 p.m., 6.80 to 1,30 p.m. and 9.00 to 11.20 p.m. also os 9.69 Magueyales. H.K.T.

3.80 p.m.-Dally Programme Hom

mkry, 19.02

THREATS OF A GENERAL TELEPHONE STRIKE AP.

PEARED YESTERDAY.. PRESIDENT JOSEPH BEIRNE, OF THE NATIONAL FEDERATION OF TELEPHONE I ORKERS, AN- NOUNCED-THAT THE MAJORITY OF THE 50 INDEPENDENT UNIONS COMPRISING TIE- FEDERATION FAVOUR STRIKING FOR IFAGE IN- CREASES AND THE FEDERATION OF LONG LINES OPERATORS DECLARED THAT A NATION- IVIDE STRIKE OF LONG DISTANCE OPERATORS POULD BE CALLED UNLESS THE LONG LINE STRIKE IN PHILADELPHIA 15 SETTLED.

STEEL STRIKE . Meanwhile, the nation's astenle

Settlement of the steel strike/] full production but negotiations will not be reflected on the na- continued deadlocked in the tion's automobile's assembly prolonged Genera Motorn ines for at least another month.. strike.

The consensus of opinion is Federal agencies rekommend that if the end of the strike Is

Restoring World industry slowly moved toward Economic Health

Now York, Feb. 20. Mr. Edward Stettinius, head of

PHILLY. DISPUTE

Lou Whiteron Quintet &

Froderic. Paco (Organ)

NBA

1.00 p.m.-News & Announces 19. 1.10 p.m.-Light Spanish Music and

Fito Balipa (Torat).

1.00 p.m.- Alberi Sandler's Trio and

Orchestra.

9.00 p.m.-Olcs Down

6.80 p.m.olumbis Light Opi

1 отраду,

1.00 p.m. London Relay-Navs 7.18 p.m.Romance and Rhythm

NSA, 7.90 p.m. Blud - iho Piano.

Leagu

8.00 pm-all an Four of Varlof 8.30 pm.-Glen Miller and Hig

shestra & Liah Bhore (Val

London Relay do 0.05 p.m.-Tunes of. ́9.80 p.m. — ** Musical" Misguidan

BNSALMAN

Grace Moors (Soprano).

Tokyo, Feb. 20. General MacArthur has ordered Washington, Feb. 19. the establishment of a system or Captain Edwin T. Layton, in- military occupation courts ineja- telligence officer of the U.S. Paci- pan which will have the power to Le Fleet in 1941, told the Pearl impose sentences, including is the United States delegation; saided an 18-cent· hourly waga into.bo followed up this week by

for United Nations notionals Harbour Investigating Committee for ed and'outra was astonish- charged with cruminal offences on his return here by plane to crease for shipyard and farm la settlement of the General Mo- yesterday

when he learn well as for Japanese for offences day: "London was the first test of machinery workers. Associat: tors strike, the car industry Ottawa, Feb. 20.

Dec. 7

may be able to reach its propër forces, The

tho Tinited Nations. What hap-ed Press. 7 against the occupation for The Canadian Government's in- ed two years after the

eystem also exprosely

in the immediate futuru in

volume of output about the "Int- how much information

pone vestigation into leakage of in- attack formation was linked to its probe Washington had from intercepted moves from the Japanese courts effective international economie A United States..conolilator ter of May. This means a 10.co p.m. Now Mayfair Orchar

United Natione action will be greater test

the settlement of the sembly of around 100,000 units of the Eldorado Gold Mines Ltd. an ssed on to him and Ad- nationals or orga Japanese messages which had not Jurisdiction over

organisations includ-

"We cannot fail to meat it. The

hiladelphia strike

1,000 tole- Canada's source of uranium, by n

tremendous tasks of reconstrue operators weekly, the

To date, the industry has ac-

I Montreal report that, Rusia miral Kimmel. arents tried to buy half million Layton

Among offences for which the tion and recovery will be possible, which had veomated threats of a

Programming markad dollars worth of "back market" Fleet intelligence officer his res new order provides trial only in only with vigorous action by the nationwide eympathy strike by sembled fewer than 200,000 1940 11,00 p.m.-Clow Flown.

aro United States in the economie the National Federation of Telo models.

recarded specially for Batylois Hubertatio uranium.

ponsibility. was to keep Fleet military occupation courts

phona werkers.

Authoritative estimates place, mens by the Department of Xational The Montreal Gazetta Publish-

officers

informed of all known acte prejudicial to the security field both at home and abroad.

The settlement of the Philade potential output this year at Bervice Enterta Inizimin e of the of the occupation forces,"

Other nations must do their ed the report and indicated those dispositions and intentionad Tine information to the occuna bort and my asportance to London phia disputa involving prom approximately 2.500,000 passen- allegedly buying uranium falled Japanese forces to Rot it out of Canada. The bean negligent and not informed tion Zerees In "matters of official convinced me that they will. We tions did not however, remove the ger units assuming there are no paper recalled Government appro- the Fleet of something they concern

concern and

ugauphorised pos- cannot do what we must do alone possibility that the National further labour disputes. Deiption of the Fildorado Mines should have known I would have session or taking receipt or dis- and no one expects on to The Federation would vote to walk sometime, age and the subsequent been court-martialed and proposal of property of the occupa-rometation of the world to econo- gut erdy tomande for higher The backlog of demand la Enterprise, 000 vehicles.—Associated Press..! Hong Kong announcement of an official in bably shot and deserved the Hon force of or members of the health most be a co-operative orages for inoze than 360,000 wee, lentimated at upward of 12,000,- JAMES KAT aruky Amociated Fross."

force.—Associated Press. Ambelated ProM.

commented

that

1

corporation.

10.25 pm-Fuccini-** "La Boheme"

"Act

Printed and 19

Proprietora,

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