Where
GOOD MATERIALS
Are Sold:
WORSTED SUITING. WOOL OVERCOATING. HANDWOVEN HARRIS · TWEED. LEATHER CLOTH LINOLEUM
And
ALL KINDS OF TAILORING MATERIALS.
LEUNG YUK KEE
99E, WELLINGTON ST. TEL: 25327.
TAI HANG JEWELLERY
Sole Agents for
Liberty Diamond Cutting Works (Pty) Ltd,
JOHANNESBURG
SOUTH AFRICA Book of East Asia Building
7th Floor Room 707
Tel, 21386.
DRY CLEANING
THE CENTRAL & DYEING CO.
Specialists in DRY-CLEANING & DYEING of ALL
KINDS of CLOTHES & CARPETS.
Give us your order and we will do the rest. Prompt and Satisfactory Service Guaranteed.
HEAD OFFICE: 130 NATII AN ROAD, KOWLOON. (FROM SHANGHAI)
ON SALE -
PHOTOGRAPHS BY
FRANCIS WU
Price:
$200
KONO
PICTORIAL
OF HON
THE CHINA MAIL, MON DAY, JANUARY 20, 1948.
FRANCE DEVALUES FRANC Free Market In Gold
IM.F. And Police And Certain Currencies The Franc Pounce On
Paris, Jan. 24.
Climaxing a fortnight's international negotiations with Britain and the International Monetary Fund, the French Cabinet today decided to de- value the frane and establish a free market in gold and certain currencies. The French Government's decision was made known in a communique announcing that the Council of Ministers had approved and agreed to present to Parliament a bill "relating to the regulation of the market in foreign exchange and in gold."
M. Pierre Abolin. Secretary ofwill be the inducement for Ameri- Stato in the French Premier's can and other traders to try to: Office, said the bill in effect meant buy pounds and other currencies cheaply in Paris instead of at the "free foreign exchango market." The net of devaluing the cur- official rates in London.
This explains Britain's extra- rency does not require to be sub- mitted to Parliament and the Gov-ordinarily vigorous opposition to proposal, and the new the French on tha
Stafford ernment's decision
of dollar and sterling rates would be dramatic visit of Sir
the lagued later, M. Abelin Indiented, Cripps, the Chancellor simultaneously with an announce Exchequer, in a last-minute-and disausdo tho altompt to ment by the International Mone- vain tary Fund, which has been con-French from this course.-Reuter.
scheme in Aldering the French Washington,
The new
franc-dollar
rates
would, it was learned relably, be 210 francs to the dollar for the fixed rate, while the other would be left to a free market to deter raine on a day to day basis.
This would place the fixed franc- sterling rate at about 864 francs to the pound. It was understood. though no official confirmation is avaliable, that there would be no free rate for sterling.
It was not known whether the French scheme had been modified to meet British objections,
Despite Objections
by the Today's agreement French Government, writes cu
editor, Sydney iers financial Gampell, confirmed that Franco is determined to go ahead with her Plan for a free market in gold and hard currencies despite. the strong objections which have been and in pressed, both in Parls
and
U.S. Navy
Privilege Extended
The
Chinese
Washington, Jan. 24. Reliable sources reported today that the International Monetary complete Fund would avoid a
avr with France
the break devaluation of the franc, but would, at the same time, with- hold full approval of the French
action. Reuter.
Deserter
Ran Away
To Sea
Pagoda
RANGOON, JAN. 26. FIVE HUNDRED POLICE SWARMED OVER A BUDD- HIST PAGODA ON THE OUT. SKIRTS OF RANGOON YES. TEKDAY IN A VAIN THE OUT- SEARCH FOR
Another
Special Offer
AMERICAN
Brewster
SHIRT
LAWED COMMUNIST LEAD-TAILORED TO PERFECTION
ER THAKIN SOE.
It was the biggest anti-Carmanist drive in the history of Rangoen.
Among those arrested was Thakin
Maung,
Lay
wartime Burmese Cabinet Minister. Police also raided where Com newspaper office trunin leallets were printed
#
and
earched other acctions of the city.
after launched drive was police received secret information
was using Thnkin BURY, LANCS., JAN. 24.
thai THE WAR OFFICE HAS pagoda as a headquarters for issuing
distance information CALLED FOR THE PAPERS tong
The
the
Sng
10
IN THE CASE OF FUSILIER Arakanese guerillas fighting Govern- JAMES WILLIAM DYER, ment troops on the West Coast OF THE LANCASHIRE Burma.
FOR REVIEW-| FUSILIERS, ING PURPOSES.
Dyer was sentenced to eight months detention for desertion. Fifteen months were remitted and he is now serving the re- mainder in Wellington Barracks
here.
50.
no
The pagoda is the site of a foot statue of Bisddha. While trace of-Thakin Soe was found, the police uncovered a large quantity of Communist literature and flags. One Buddhist monk and two laymen were arrested.
with
The police action coincided
Bo Let Ya, Deputy the return of Premier from Arakan. He conducted a personal investigation of the fight
Nanking, Jan. 25.
Government tuloy the privilege issue a decree that
At the court martial, it was ing there.Associated Press. hitherto enjoyed by American war
that Dyer deserted in ships entering ports designated by stated the National Defence Ministry with June, 1941 and joined the mer- chant navy, talking part in nin being required to obtain Govern ment permission will be exter
will be extended to Murmansk convoys and becom- long as the United States Armying an officer. He earned four Advisory Group remains.
American warships, however, will campaign stars. be required to inform the Foreign Office nl their
their movements in inese territorini water!. The privilege was originally gram- only for the period in which the
Navy American Army
Chinese
and
Chinese
were
soldiers from China-United Press.
Washington, by Britain xeveral other European countries.helping the repatriation of Japanese
The higher the free dollar rate goes in Paris, the bigger will be Frenchmen to the Inducement to sell their illegal foreign assets to finance their country's imports.
In Italy, this system produced
a large amount of exports of many goods as to cause a slump in prices and
supplies which a glut of would be very welcome in France. France's illegal hoards of gold and dollars are the biggest in the world and the disgorging of them. which would help France, would also, to some extent, help world's recovery.
British Opposition
the
But the higher the tree market goes, the more depreciated will the o the crass rate
between
official rate for sterling and other European currencies and the free
rate for the dollar and the bigger
50 Beautiful Views of
HONG KONG
including-
some early,
photographs
of the
Colony.
An ideal Souvenir to send to your friends....
ONE OF
A glimpse of old Hong Kong, and many beautiful views of the city as it is today.
Give your friends a photographic tour of the Island through the pages of the CHINA MAIL PICTORIAL OF HONG KONG.
All you do is all in the recipient's name and your own in the space provided on the inside front cover, address the en- velope and post it to any part of the world.
from the
(On sale at all booksellers or obtainable direct CHINA MAIL offices, Mezzanine Floor, Windsor House,
THE NEWSPAPER ENTERPRISE LTD. PUBLICATIONS,
Medal Of
73
Last Christmas. Dyer decided to give himself up as a military deserter. Technically, he is still liable to service with the army on release from detention,
Midnight Ride In
WHITE SHIRTS
PERMANENTLY NEAT COLLAR
$20 EACH
KIN HUA CO.
KAYAMALLY BLDG., 20A QUEEN'S ROAD, C.
BRITISH MADE
OFFICE STEEL FURNITURE
Howitzer Filing Cabinets
despite his war years at sea.— LAWTON, OKLAHOMA,
Reuter.
Freedom To Persons
Wilson
JAN. 24.
A MIDNIGHT JOYRIDE
THROUGH LAWTON IN A SELF-PROPELLED 21-TON 155-MILLIMETER HOWITZER STIRRED AN OFFICAL ARMY INVESTIGATION AF. TER AN INTOXICATED FORT SILL. SOLDIER WAS CAPTURED IN A MOVIE COMEDY 12-MILE CHASE.
commander. The Fort Sill Major General Clift Andrus, said the soldier, T-4 Donald S. wiliams, 24, admitted be drunk and "did not realise what was going on until after I was captured,
was
Williams was a radio epera. tor with a rocket battalion and had never driven a howitzer be-
big gun
He
Tokyo, Jan. 24. General Douglas MacArthur today announced the awards of the Medal of Freedom to 73 persons, including citizens of Spain, Ireland, Germany and the Philippines, for heroic and meritorious service in the prosecution of war against the Japanese in the southwest Pacific. Ten of the awards were made posthumously.
Company. One of the two highest awards Insurance the Medal of Freedom with Building, Manila, P. I.
Two Philippine citizens were fore. Gold Falm-was awarded pós- Theodore thumously to Father
piloted the also given high posthumous Buttenbroch, citizen of Ger-
who awards of the Medal of Honour through the fort gates with address unknown, many,
with Gold Palm. They were Military Police in pursuit but hult the massivel was cited for "outstanding ser.!
Enrique Pirovano, who was unable
He vice in providing food, clothes,
through weaved medicine and religious aid to cited for "bravery in the cause vehicle,
war in prisoners of
Camp of freedom," and Antonio Coda, the residential and business. who, by his "bravery, resource sections of town, wrecking three track For this activity: O'Donnell."
to duty, cars and leaving deep he was arrested several times fulness, and devotion
tn scars all the way. anil tortured. Finally he was made distinct contributions
A makeshift roadblock forced the welfare and morale of pr. executed by the Japanese.
war and internees," the soldier to stop.-Associated The other Medal of Freedom soners of
Preas. -United Press. with Gold Palm, also a pou- thumous award. was made to Ramon de Amusatequi, citizen of Spain, address unknown; who risked his life, daily 10 "bring messages, money and supplies to American prisoners of war. Finally, he was caught and con- demned die; he starved lin self to death before his execu tion.
Stockpile Of War Materials
Washington, Jan. 23.
Fathers John Llor and Pat- rick Kelly, both of Ireland, were given posthumous awards of the Medal of Freedom with Silver Palm. Both were cited for "oustanding bravery" and for their "distinct contributiona for the cause of freedom."
Without Palm Included-among--tho-Ameri
who were awarded the Medal of Freedom without palm (Malaya and the Netherlands), manganese ore, mica, muscovite NEI) nickel (Burma), were: Claire V. Phillips of Port. Beryl (Australia and India), block (India), monazita (India
(Australia), castor and land, Oregon; Thedore Lewin cadmium
(Manchurin), chromite opium (Afghanistan and In- of Loa Angeles, California: oll
(India and New dia), palm oil (NEI), pepper, Father John Pinpsurley of New metallur
oil (the (NEI, India and French Indo- York City: Nelson V. Sinclair Caledonia), coconut of Manila, P. I., and Earl Car. Fhilippines, Netherlands East China), rapeseed oil (Japan), roll of the United States Life Indics, Malaya, Coylon and In- rubber (NEI, British Malaya,
The United States Munitions Board, which is res- ponsible for stockpiling raw materials neces- sary In the event of war emergency, today an- nounced plans for the purchase of $2,750,000,- 000 worth of such materials over a five-year period beginning from the fiscal year of 1947. The group of "A" materials dia), cordage fibers (the Philip pines, Netherlanda East Indies). from Far East sources were:
amorphous lump loding (Japan),
cans
Sugar (Japan), antimony graphite, (China and Australia), bauxite (Ceylon).
THE WHISKERS CLUB
--Disgulaod nu-Binok Kogor, Snow! "I'min Black... Roger, ", declared
hind deceived the guard sod `managed to get Teddies out
of the cell in the Oj Tree. ¡But Roger, Had nomlis huolt fast too soon. “Who are You?" demanded Boger.
Snow the Crow, and you
Are an impostor. Your dis-
Ceylon, French Indo-China Slam and India), shellac (In- din), tale (Indla. and Man- churia), tantalite (Australia), tin (British Malaya, NEI, China and Thailand), tung oil (China), tungsten (China, Burma and Korca), zine (Aus- traila), zircon (Australia).
The group of "B" malerials from Far East sources were: aluminium ingot (Japan) magnesium Ingot, (Japan), mica, muscovita block, (India), tool (New Zealand, Austra- lin).
The group of "C" materials from Far East Bources were: briatles pig bristles and hog (China), burlap jute, cordage fibers (British India), iron ore (Australia), kapok (the Phillp-
4
drawers,
with beatl bearings, Automatic locking device. Size 52" X 18" X 24"
Office Cupboards ""xx
X 1′ 6′′
Office Wardrobes 1′ 6′′,
Storage Cupboards
-4′ 4′′ X 20" X 2' 0}"
All fitted with first-rate 4-lever lock, 2 flat keys
! Shipment Just Received Immediate delivery from stock!
For Particulars apply to:-
K. CAUDRON & CO.
(3rd floor)
Tel. 21539
French Bank Bldg.,
HARRIMAN REALTY CO., LTD.
REAL ESTATE BROKERS AND VALUERS
"COME TO US FOR ADVICE" -
ALL TYPES INDUSTRIAL & DOMESTIC PROPERTIES AVAILABLE
3 Connaught Road, Tel: 88802, Telegrams "Harriman"
TIME
THE WEEKLY NEWSMAGAZINE
ISSUE OF JANUARY 12, 1948
H.K. $1.80
NOW ON SALE
AT ALL BOOKSELLERS
Distributors:MACY
HA2
pines and NEI), calf and kipTHE NEWSPAPER ENTERPRISE, LTD, guino couldn't doostre any skits (British India), loofa
one, orpecially my guard Taniny Jackdaw, Soing this rogue at once, Tommy, and Jock, hilus mp
sponges (Japan), sesathe
про
China, India and Manchuria). -United Press.
"WINDSOR HOUSE
+
+