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THE CHINA MAIL, THURSDAY, JULY 17, 1947.

Britain's Courageous Air

Development Policy

By E. Colston Shepherd

Some months ago it was hint gines. Is Britain prepared to pany. By all established rules ed that Britain's policy in romake the sacrifice, for the sake of aircraft development Britain Intion to commercial aircraft of prestigo? Or can who see ought not to have embarked on would probably mean she should the prospect of making spord construction of anything so big. tako two steps forward in one

pay?

Sho ought to have moved up to

waya.

on the main routes. If Britain had set about designing aircraft 1949 of the same category in she would havo had them about In- ready, for use next year. load in stend she will have to make do with what she has for a further two years and then she will have provided herself with something in advance of those size if not in por- modela in formance.

may United

What in the meantime have

emerged from

By Dick Turner

4-7

"I want to reword a contract that says the slugger here has gotta give mo, his manager, half of överything he ġots!!!

BARCLAY ON BRIDGE

By Shed Barclay

"The Authority on Authorities"

and that by 1950 or soon after- Capacity Load big land aircraft in two, oven words,she should be ahead of Argument to support the three stages. She should have hor competitors. The recent latter view could be put forgot herself first to build liner announcement that 15 DH100ward. Speed of the order aim of 100,000 lbs. One of the re

•*• Į jet-driven airliners had beened at in the DR106 might con- proaches offered by critics at ordered "off the drawing board" ceivably pay without charging home is that the Government COINS PLEASE is certainly not a confirmation

extra for express services if it did not order aircraft of that! Government's announcement of of that prophecy but it is proof meant these liners were full to class. an effort to call in the Colony's of the intention to try to leap capacity on every voyage. To

day n liner which takes 10 Must Make Do disgracefully filthy five-cent and the whole stage.

There is no guarantee that the hours to cross the occan often Consequence of that omission teh-cent notes and to replace them by new ones offers no more than DH106 will be a success. Many has 40 por cent. of its capacity is that Britain has no liner in resaons could be advanced to empty except in the summar, use or in sight which corros- a palliative. Within a few weeks show the large risk being taken. A liner which made the cross-ponds with the two types of the change will be more imagina- The liner will be unorthodox. ing in less than half that time American aircraft now serving tive than real. The step is never-it will have swept back wings might attract traffic. theless welcome not so much be- It will aim at high speeds. It That is perhaps the fairest enuse of the temporary relief as will use gas turbines and there estimate reason why Britain has the implicatica that Govern- fore not have the same economy been courageous in her policy mem has the problem under stud in fuel consumption as aircraft concerning the jet air-liner. and that it is not too much to using the familiar piston engine. Having gained the hope that. sooner or later, metal Yet these liners will go to development of the gas turbine coins will again be jingling in our British Overacas Airways and and acquired a lot of experience American Air in operating jol-driven aircraft, packets. Values today are such British, South

Britain would have been foolish that part of the difficulty is to

Buth corporations are con-not to try to turn her advantage discover ล satisfactory metal, cerned with Atlantic routes - to the commercial as well as capable of being milled and stand- one between London and New milltary account. The next four ing up to hard wear, which is not York, the other between Weat years will show whether or not

and Brazil or between her courage is to be rewarded. Statea factories cannot be pre at the same time a temptation to Africa

Similar readiness the melter. The difficulty, such the Azores and Bermuda. Theso

to take a cisely foretold but the lack of long non-stop flights. long step forward is seen in orders for new types is causing as it is, is not insuperable, and it mean cannot be too strongly urged With gas turbines payloads on the big land aircraft of more some embarrassment to Ameri- that in this part of the world, auch flights might be about one. than 250,000 lbs. loaded weight can constructors. Tife, altua. where there is serious liability to sixth less than with piston en- being built by the Bristol Com- tion, indeed, is exactly the re verse of that in Britain, United

A DELICATE

West reasoned that his part. ner would not have made the epidemics of smallpox and cholera,

States designers have borne the

OPERATION the authorities should not rest

extremely heavy cost of develop-

-No Trumps bid, following the WHETHER YOU have play-emphatic Jump support, except until metal coinage has been

ing prototypes and cannot yet

a hand restored.

away above It may be recommend.

recovering ed in tournaments or not, you with sce, the prospect of ed, at the same time, that when

their outlay through sales to have read the news reports of minimum in honour strength. Government is making up its pro-

operators. Britain's constructors many which show victories do He would have taken it to 4- have been commissioned by the cided by a match point or two, Hearts unless holding a goodly gramme of the denominations and

Government to go ahead. They sometimes by even bare frac amount of honour strength him- quantities to be ordered,

are relieved of financial anxiety |tion of point. The probable self. With his hand as it was sideration be given to the importa-

and trusted under Government closeness of the finish in a wall-knowing his queens were big tion of large quantities of 20-cent

based on the "cost of living. For supervision to deliver the goods. matched field makes it advisablo cards opposite à big hand-he reces. Whether we approve of The spectre of the gravesta start, the government has per- Again we have no guarantee once in a while to assume volun- decided to pass. not, the 20-cent coin has supersed-climb in prices yet experienced in mitted water, electricity and gas the method will yield the de- tarily bit of risk which would. As it turned out, four-odd ed the 10-cent coin in convenience. Inflation-plagued China confronts rates to be increased over 100 per sired results but before the war be wholly unjustified in rubber were made by this pair, also by

throughout China cent, fram fares 250 per cent, bus Ferry service, tramway fares and wage-earners

fares 350 per cent. The full im- the method worked well in re-bridge. In rubber play, for the 4-Heart declarers, giving lation to two out of the three instance, it is never sound to this pair 10 more points and newspapers cost 20 cents against They fear that they are about pact of these increases has not

East half that sum or less before. the to witness. unwilling but yet been felt by

25

the

heavy bombers chosen for the seek a No Trump games for the beating all the rest. public, With wart and there appears to be no

government subsidies withdrawn, Royal Air Force. Both the sake of a slightly higher score, managed to take four tricks fa the utilities will have to base their Lancaster and Halifax By EDWARD

were if game in a major suit seems hearts and two in each other prospect of any reversion to the

charges on open market prices, ordered off the drawing board.

auft,

diamonti a safer bet,

following the 10-cent standard within foresee-

CRIGHTON

Their increases will automatically

lead. The heart declarers all able time. On

The Viceroy that the basis

8 Q J 7 5 8 2. ~ be followed by similar Increases

lost one trick in clubs, and two The system is applied to

K 8 7 coinage break-downs should be

for all goods and services.

in diamonds. It was a cloge Amaller types of 'commercial

D8 designed expressly to simplify the

declalon for West, however, ‘a aircraft. The bigger voraton of processes of exchange, the case for

gamble which might have lost," There are rumours that bank- the Viking, to be known as the the 20-cent coin is clear. But it

S 8

as the spade shortage might notes of a denomination five times Viceroy, la being developed for HQ 10.6.

have rosulted in the side taking must be a coin. A zo-cent note.

higher than the highest presently British European Airways. 2 would mergly add confusion to

at least one morę trick in hearts, in circulation will be issued.

In This will use gas-turbines driv-

D Q 6,5 4 what is already sufficiently trying.

through ruffs, then could have denying this rumour, Chen Yes

[eing alrscrows. As soon as the cho, denuty director of the Cen- details are settled the order will CA QJ 6.

been madd in No Trumps. iral Bank of China, stated that

• ... 600 cases of banknotes

ich be placed. For feeder · lines which

some smaller ser havo just arrived from England and, for

+

WHAT THEN?

con.

Death Throes Of A Dying Currency?

today.

Shanghai, July 10.

powerless spectators, the death throes of a dying currency.

Hore are a few of the factors to give which have contributed

From July 1, utility charges which were hitherto kept down by government

bo subsidies, w131

them this fear:

It is the thesis of John Fischer, 100 Years

No amount

Only Rumours

<

do not contain $50,000 bills, as vices in Europe 50 Marathon rumoured, but $2,000 bills. On four-engined liners have been

Ago Today

STOUM accept $2,000 hills in paymont of range aircraft of large capa-

CK 10 8 3

8 AK 10 N HAK 98 WED K 10 87

C72 S

296 4

HJ 64

DAJ 9 2

€ 9.5.4

West. East-West

Tomorrow's Problem

SKQJ7.8

H 4 DQ 1

GA Q J 10 9

8 9 0

K865

N WE S

H K J 10 b

$ DJ 10 7 2

C & 3

SA 8 5 H0 87

DA 4 3

C KG 42

(Dealer: North. North-South vulnerable)

in Harper's Magazine, that the

the same gay, July 8, the auto- ordered. There will also be or- (Dealer: Russians are either scared of being

mobile licensing department of

of ders shortly for new medium vulnerable.) attacked or planning to attack,

the Shanghai police refused to

North East and he puts emphasis on "scared."

West city

South S 10 - (From...the_files_ of the “Ching |_autolicenses, as they were too low. Heads of the Politburo are scared-

In the main these new liners Pass Pass1 H Pass HAQ 52 in denomination. The department Mail"),

8 NT because police-state rulers normal-

FOR SALE A HANDSOME wanted bills of $5000 or $10,000 will be delivered between 1949 3 H Pass ly are scared about their tenure.

and 1951. With them will have Arab Horse (entire) rising eight (the latter the highest presently arrived the great new Saunders never be pardoned for not tak In rubber bridge, West could The Russian masses are scared of years of age. Would be a valuable in the man-in-the-street found it Roe flying boats of the same ing out that 8-No Trumps into invasion. Furthermore, says Mr. animal to a stock farmer in Calle hard to swallow Chen Yee-cho's capacity as the big land alr- 4-hearts, with his nice four-card Fischer, Russians are scared by fornla or New Wales.

statement that the government in craft. In the Interval we may fit, his spade singleton and his their cast-iron Marxist logic

bringing

in notes of denomination yet see the Tudors come into pretty fair honour strength, not regarding American capitalism. Haunted Houses A subject which one of its civil departments their own. Both types have too far below an original bid.

is of argument will seldom thought of in China, yot

and there are But this game was match-point issuance of notes at higher been modified shake their doctrinaire belief that it is said they exist. A few days ready rejecting.

ago a poor man undertook to take denomination in China. are in- grounds for hope they will now pair play in a duplicate tourna After. North'e 1-Spade. and... American capitalism will produce care of such a house; it had not variably followed by

ault certain operators. British ment, and his pass of the 8-No South's 2-Clube, what would a major depression in the next 15 en habited for four years and ate price, increases, Shopkoppers South American Airways in Truimps won a top score for his you bid In the North if shooting years, that this will produce was fast. going into decay. He are quick to seize upon the highest particular is counting on them. pair on the deal and ultimately for a top score in a duplicate,

as the unit Fascism, and that this will pro-cook possession of the domicile in bill in circulation

(Continued on Page 'T

game? which to fix their prices. says Mr. the afternoon on the follow- Fischer, are impervious 40 verbring morning, the house not falling should a $60,00 bil kafiri

Issued, wage earners fear it will argument on this score. But teen opened, was broken into by only be a short while before when Marxist dogma runs into an neighbours. The man in charge prices are increased by five-fold.

Was found dead on the Boor, Should the incontrovertible fact, the dogma rumour having it he had had issue a $50,000 bill, the situation government not gives way. Thus, if there isn't aa fight with the ghost and was may well become what

it onco depression in the next 15 years, overcome.

duce war.

the Russiana might change their tune. Facts will speak louder

Last

than words. From all this, it can past cleven

night

was like during the Japaness oc- cupation the bills in circulation wore, of such low denomination about half that there was not enough cash o'clock a fire took going around. Towards the end of be argued that one way to pre-piece at the Chang Hong burying the way, when you wrote a check serve international peace in the ground. It is said then an old wo. the bank did not pay cash, it gave world is to prevent that depression man went there to chinchin Juss that you have that sum in your their own chock, guaranteeing which the Russians believe will and while she was burning a great account. This bank check than lead to war; that, in short, any quantity of paper. in a certain: became a negotiable instrument, body who helps to make world part of her prayers, a gang of in place of banknotes with economy run smoothly is, in a very house came out with gunpowder to discount of from 10 to 40 thloves: hanging out in the jos disadvantage it became subject special arid specific sense, helping and other combustibles and threw per cent when you tried to con- to preserve world peace. That them into the fire. The jos hours vert. it into cash. Conceivably, argument applies equally to the was blown up immediately and that might happen again now. widely held opposite thesis that by degrees twenty of the nearest Prices are so inflated that the

turnover of Russia is hoping for a major de houses were burnt. We hear two

eyen a'small business pression in the United States, thieves and the poor old woman allion dollars a month.

concern runs into over a hundred (FABL) with the consequent weakening of have suffered severely.

Tragedy For Worker The tragedy 22 the situation

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HONGKONG то

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one

American economic and political HK$180.- power abroad paving the way for catastrophic slumps foreign or for the average wage-earners 250.- further Russian expansion and in domestic. But while the plan is that his income does not keep up 350 flucace. Thus a healthy Ameri- all fight on paper, its implementa with the price advances. The gov can economy and wise trade policy tion is not quite so easy. The aroment employee has his salary Increased about once every six 180 are considered imperative checks wool tariff, just vetoed, is indica- months: Scarcely month passer 300.- to the spread of Communism. Atitive of the danger. No-one is yet without prices being increased 20 35- Geneva, today, Mr. Claytonis certain whether Mr. Clayton will to 50 per cent. Same times fro trying to work out with other obtain the backing of Congressently advance by 100 pe

100 per cant nations a reduction in trade With the single wartime exception The employees of private barrien that will stimulate inter of 1953; and aarting from 19311 og pet of con national commerce, set stopped Republicans in Hours and Senate the concern.......he werks for can economics ticking sgain, and pro- cast their votes against the Hull Aftunt. it. He in paid on a con

trolled cost of living Inder, "- mote production, prosperity, and, low tariff” programme, and "every

hich meanetlimb ble standard ot it is hoped, peace. On paper thủ one of its three-year; extensions),

aroly, goes down; 805per seems fine. ~Few people will die Now › Republicana- control - Con. Qoʻʼanah? month, whereŪSI agree with the theoreti

first time. In ba: bar there how Republican Pacoli niman

KOWLOON eninsula Hotel

Lobby'

tive. It is symbolic of intelligent, 15 yem

advance planning, the ap

of which might help

Fdent

the entire content.

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Offers a comprehensive service as Executor, Trustee or Administrator in connection with Wills, "Intestacies and Settlements.

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