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la considered to be far in ex- cess of what is warranted by the nation's greatly reduced productive capacity and it is planned to replace it by umaller amounts of completely new

currency.

In order to spread the loga resulting from the war most equitably among the people of Germany the plan also pro- poses new heavy taxes to he levied. These will affect homes and buildings.

The taxes would be put into A War Losses Equilisation Fund, and the proceeds distri- buted among non-Nazi Germans who suffered heavy property and financial loss either through the war itself or reparations. It is thought the latter pro posal would also prevent "get- rich quick" profiteers from epringing up during 'the nation's reconstruction period. Although the plan is understood to be under discussion now it is not known what other free nations' views on it are.-Rea- ter.

World Call To Workers

Washington, Sept. 26.

Rr. 60 3rd. fr., French Bank Building, Queen's Road Central. Tel. 26641

French Bank Building is the third building on Queen's Rona from the REAR of the Hangkong & Shanghai Bank, walking towards Hongkong Hotel.

FRESH MILK

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1.6 Asia Life Bldg., 2nd Fladr Queen's Road, Hongkong, Service Depot: Wang Hing Bldg. Room 237

Solo Apents in South China for

The World Federation of Trade Unions' Executive Bureau said yesterday that the "forces of Fascism and reac- tion" threaten world peace and called on workers all over the world to "close ranka" in the fight against world war third.

The Bureau wound

Its up quarterly sessions with this CHINA ELECTRIC CO., LTD. 70,000,000 members resolution. It called upon "ta known to each of their govern- Lo make

50,000,000 of Java and Sumatra

menta, their determination to --that has caused the sudden any increase in the future," oppose preparations for another flare-up of disturbances In Reuter, Amsterdam.

It is the departure of these | Indies to fight a colonial war. troops-stated by the Indone- "You need not be anxious sian Republican spokesman to about our losses in the East be the vanguard of an armada Indics," he said. "They have intended to subjugate nnew the been very low and 1 800 TIO reason to believe they will have

The Communist Party, which Dutch Army Viewpoint

claims unlimited freedom for Indonesia, has for four months been conducting vigorous

campaign against the despatch ing of troops to Indonesia.

Police Fire

In Amsterdam, where the Party obtained 30 per cent of the votes in the recent muni-

Batavia, Sept. 25.

Dutch milltary sources told the Netherlands News Agency today they deplored. the fact that the Dutch people did not realise the true task of the Dutch forces in Indonesia ав was shown in the

ARE ASSURED OF PUNCTUALITY cipal elections, it has organised utrikes in Holland.

NEW STOCK

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ALL LEADING WATCH COS. AND DEPARTMENT STORES.

Sole Agents

O. KEES & CO.,

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the campaign and. resulted in workers defying their unions and striking spasmodically in a dozen different spheres.

The police have opened fire several times on demonstrating crowds, killing one civilian on Saturday.

present The Bour-

War,"

The federation was launched

Inc, In U.S.A.

Queen's Road, Hongkong.

Koreans Not Oil Fields

last year by trade union groups Satisfied

from

Britain, France, the

Soviet Union and the Congress of Industrial Organisations in the United States.--Associated Press

other materials in enemy hands.

to General

Mismanaged By Soviet

Washington, Sept. 25. Yono Jeung Kim, spokesman of the Korean Affairs Institute in the United States, told Hodge, Ameri- can Commander in Korea, that

Budapest, Sept. 26. "the so called BRITAIN SAVED

representative Officiala of the Hungarian) democratic council in Korea must American Oil Company have WORKS OF ART disbanded immediately."

In the message

prepared a report on the damage to Hungarian oil and gas re London, Sept. 23. 2 The fate of works of art In Hodge, Kim applauded American sources which one officia, anid ces said that troops was im- Italy, their losses and survival in.fforts to establish legislative and amounted to roughly $810,000 pérative to malátain public the war is told in a survey pub-cation but counselled "it must be 000 and was caused principally

established on fair bands." safety not in the first place for lished today by the British com-

Kim said the latter included dis- by Russian control of the Comed the Dutch in Indonesia, but Imittee for the preservation and bandment of the democratic coun-pany's fields in southwestern cepacially for the Chinese restitution of works, archives and ell, which is controlled by a few Hungary population of Indonesia:

An official said the damage. repatriates like Syngman Rheo Progressive political quarters" Throughout the report runs the and their conservative rich sup was caused by the Ruskinn“) In Batavia likewise deplored story of German destruction and

I'domuded Lovers productím. One of the aims of the Party's the strikes pointing out that vandallsm. A great many were campaign has been discourag the task of liberation was not taken by the British Eighth Army allowed demoratie council is which was encouraged by Com

continue,it'çan, munist-dominated groups Inter- ing troops from returning from yot completed, the Agency said, and the RAF. to limit the dam-through influence and machinas ested in profit derived from ombarkation, leave: Although Other semi-official sources also ge. Venice was entirely pro tions, pack the proposed legislative barter of petroleum productifi official figures of those who took a strong standi nguinst the hibited as an aerial target and it body and destroy possibility of The report, which is design- follow this advice are refused, strikes saying that the conduct is intact, says the report, but harmony among the various

Government, detall the Chief of the Dutch General of the Netherlands troops in the Verona, Mantua and Bolzano have Staff, Lieut-General H. X. Kruls task of pacification had them was bombarded from the sea. has found it necessary to make entirely satisfactory, and these two radio appeals to the troops sources mentioned the medical themselves and by their families, pid: given to the population in Not Colonial War territories controlled by the Promising forgivendes to Dutch troops, the Agency add- those men of the first embarked--Reuter.

tlón parties who would return 5

at ones off their overseas Isayo, ...he threatened that henceforth.

any, nuchs cades: dfit desertion would, borilable to a penalty of

Reuter

JINNAH SEES NEE VICEROY.

New Delhi, Bopt. 25. All Jinnah, President of élem League, had an

thren quarters inter th the Viceroy, leid

the

to

Referring to South Korea.

tical groups in Southern Korea Hungarian lightenment of Communist plat to drive American she waste of crude oil, allele ferens from Korea

hd establish gasoline and their derivati" Pooperation with

Russian and gas-Associated Prin Communlite in North Korea, Kim eldr "It *-* mindirected, effort

the

The Koreans want Americans, and

| Russions to withdraw? almultáned j Durly Associated Press,

An'" oficial: TRDOTESSE

posted 141,000 tail of ores tro

'FRISCO BOOMI

San, Francisco, BATHIN The customs IEMA the fast six monias 'of handled, the, IRTENIE nam in its "history..

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