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FREE GOLD TRADING FORECAST IN CHINA ECONOMIC REFORM PLAN SAID TO BE IMMINENT
INCREASES FOR CIVIL SERVANTS
London, February 17.
The British Govertiment has decided in principle to accord Jorge increases in salaries for civil servants in the highest grades.
Shanghai, February 18.
Despite official denials to the contrary, informed Chinese financial quarters here insist that tha introduction of a now economic reform pro- gramme, featuring free trading in gold and foreign currencies in Notionalist Ching, is im- minant.
They claim to have learned that the main points of the plan, worked out by the Finance Minister, Mr. Hsu Kan, and Central Bank officials, in- clude firstly, free trading in gold, foreign cur rencies and silver, possibly with the establish- ment of markets for each of these items. Secondly, the legalisation of trading and possession....:
of silver dollars, with banks authorised to ac cept deposits in coins.
A special committee, hended by the Labour Peer, Lord Chorley, had recommended tits nelion. The committee's report, published fo night, proposes that in, future the Permanent Secretary of the Tren-nounced by the Central Bank.nation. sury-the chief of the Civil Sur- vice-receive £5,000 per annum equal to the salary of a Cabinet Minister. Other henda of Minds tries would receive £4,500.
Thirdly, a dally official rate forder to safeguard their proas for dollars, which will be in- from the effects of the gold Flan
with
The reported reform 'pro- gramme, it carried out accord- ing to the rumoured butline, represents virtually a complete reversal of the economic policy pursued sinte the introduction of the gold yuan in August, last year.
One of the main alms of tha Finance Ministars reported programme o avert the situation in which China re turns to the of financial chacs of locallard durranales,
At preseitt, these chiefs receive £3,750 and £3,500 respectively.
Britain's highest civil rvants.
acri
The foram trade aspect of the who carry the permanent respon sibility of admlalstration regard- Mr. Hau Kan's new plan is be-new plan a suli unknown at the moment. It is Beliaved, however, less of a change of Government, Heved partially to haye been that free trading in foreign cur- pare unfavourably with those of prompted by the fact that as a compare unfavourably
reault of the rapid gold yuan de-encies and gold would not um- the lifting of those of the commercial world.
preciation, many local regimeediately lead to
all controls on imports: have put into effect their own get Permanent hands of
great of financial regulations.
The steadily vanishing pur Government departments In In Canton, for instance,
all ekhaing power of the gold yuan acme esses pot considerably prices are quoted in Hong Kong was the direct cause of a scries fees than heads of the new gelirs, while in Hankow and in of strikers locally durisir the past boards of nationalised Indu Hunan Province, silver dollars 198 hours, when a growing alm- tries.
Have been returned to their his-ber of workers began demanding torical status of being legal ten- that their wages be baget In defence to Britain's presentder with chicial bunks quoting the price of rice. "freeze"
andtes for coins. of wages, prices profts, civil servants have Indi- cated that they nre willing to necept a postponement of the in- creases and their eventual appli- ration by gradual stages.-Reuter.
Foreign Trade
At the same time, provincial governments have made plans to suo their own currencies in
Defence Warning To Norway
Oslo, February 17.
Chanju Incident
on
At the height of the
strike, garrison forces dynamli a see tion of the line ngar ughals Western subur
halt "a" "strikers' spes Bring- ing strikers deletes from the stations along. The route, to prese the labour union's mands.
de
It was the first time that the regulor ermy has been called out to ale ip chroking the trikom, put it did not have the desired effect.
THE CHINA TIAIL, SATURDAY, FEBRUARY 10,, 1949,
NO CHANGE IN POLICY ON JAPAN Got
Washington, February 18. President Trumbh today backed up statements- by his Secretaries of State and Army, by saying there has, been no change whatever in U.S. oblley regarding the occupation of Japan
Truman told a holya, cons ference that te accepted Secretary Kenneth Royall's version of his controversial off-the-record con ference with Tokyo newémén.
The President said that if he correctly, Mr. Röyall
#embrolly Henley_suggesti= |
had
might be advisable for the U to evacuato Japan in 'event af hostilities.
The Secretary of State, Denti Acheson, also hos dented that
there is any change in American | pulley in Japan.
In reply to questions the Pre- sident noted that it is not his controversy but Mr. Roypil's and (hist-Mr-Royal-had made his
own statement.
It was then that a reporter wanted to know whether, there dre pircumstances under which the U.8. wil) withdraw from Japan as a matter of ¿trategy. Mr. Truman said he had no comment on that other that to say that the policy of the American. Government is unchanged.
Mr. Royall and said, the U.S.. does not intend to abbridon Japan
'to Russia in case wor should
tome-Asevcidled Press.
Gottwald Talks With The Church
Russia Russia Hasn't Yet Got Atomic Bombs
Washington, February 17.
The Milllery has intelligence today that Rusulasti, pon. sees no plomla bombe, «coording to an Army general.
THE
In an article on Industrial_vulnerability to bombing, Ma- jor General Robinagn of Army Engindera alipakai.
Bent intelligence indicates that our major Potential enemy toes not now have atomic bombs."
Ho
Another Army general, Lieutenant General Lesile Groves,
head wartime Ar the U.B. atomic bomb noleat, expressed the opinion that Rurale in not prepared for atomic war, frankly bases bie pelolan, however, on estimatey st„Russia's Bolentino and Industrial capacity. Unfiad Press.
COLONIAL OFFICE SNUB FOR WEST INDIAN LEADERS
London, Föbruary 17. Two West Indian labour loaders who asked for an Immediato interview with the Colonial Socro- fary, Mr. Arthur Crooch Jones, taday to dofond Lord 'Baldwin, Governor of the Loaward Is- lands, como away disappointed.
"There
The Colonial Office told them that their request will
be forwarded through the normal channels. Lord Baldwin, who landey in
have been demonstra- Britain Iast Saturday, is having one and mass meetings through- his third meeting with the out the colony protesting against Colonial Secretary today, Mr, his recall." Creach Jones recently denied Mr. Bradshaw doclared:"A suggestions that Lord Guldwin great principle is involved. This had been recalled because of things has gone beyond the realm frank and open speech he had of mere personalities. If anybody is sent out as Governor or Ad- ministrator in place of Euri Bál- The two Inbour leaders, Mrwin, it will be just chaon. How V.C. Bird Presideilt of the Trades and Antigua
Labour an our people have further falth in British colonial administra- Unton, Bhd Mr. Robert Brad-
tion it this happens?" shaw Prealdent of the
the St. Kitts) Labour Unich, arrived here yon- terday bitcially to help in the report ci the Goulbury Commission од the Reuter.. west Indies sugar tdustry,
milde.
Prague, February 18. Hipk level talks between Government and Roman Catho-writing of the
le Church leaders began here yesterday.
All questions which have arisen between the Central Committee of the National Front (Govern
Catholic nient coulition and the Church are being
Hle-
They left the Colonial Omee hoping for an early choner of presenting the case for the peo- ple of the colony to keep Lord Governor, Baldwin
Lord, Baldwin, who expeels to Geitwald, himself conferred see the Prime Minister, Mr. Cle- several weeks ago with Catholle met lee, shortly, has said he Church leaders. Since that meet-e retiring to the Leeward Is
doce not know when he will Ing press and indio ullacke on the lands. Catholic Church hierarchy have dwhviled. M. Gottwald's position has been that
Fellows faith should not har spisused against the State.
"Just Chaos"
The two lenders sald they had got seen Lord Baldwin, but hope to meet him in the near future.--
HOW MANY WOMEN IN A SHOW?
Paris, February 17. The question of how many women make the difference be tween a music hall show and dis- gravely as operetta_was cussed in a Paris court today.
Me. Birg told a reporter to- day: " Barl Baldwin is not Governor, to be returned. 25 lie hierarchy was accused of:
Theatre and the French the people will be greatly disie parties in the case are the shielding prices accused or con-
Igra Inland Revenue authorities. turbed and will really vieteli-State hetlylly- When the troops threatened to Associated Press.
donfidence. shoot if the workers laristod B continuing, a group of strikers calmly placed themselves in pre-front, of the engine to set as
shield.
Norway's Service chiefs have uttored serious worn- ings against cuts in their estimates for 1949- 50, it was disclosed in défonce budget details published today.
The Service chiefs had pro- ! (£124 million) plus the posed more than 309 million paredness grant.
A report with the Navy Com- kroners (£15,480,000) plus nn
ometals here intervened and extraordinary preparedness mand's estimates said nuval pre- grant of 75 million kroners, it redness is still very weak and negotiations led to a settlement,
there is a serlous shortage of | -Reuter. appears from today's ngures.
technically trained - men. Reduction in the present slate_of armament would weaken pro- paredness and we give a serious warning against any reduction in our-proposal" I said.
But, as publlatied earlier; the total defence budget has been set us 250 million kroners
FASTER AND BETTER JETS
|
дп
London, February 17. Britain's Toading yet fighter plane, the 800 kilometres hour Vampire, will soon be ap- pearing in faster, higher climb- ing forms.
ald forces of eight countries,
A France, Sweden, Nor-
way and Switzerland, have, al- ready been equipped with Vam- pires. A spokesman for the Do Havilland Alrerhrt and Engine Companies, the builders, såld to day: "New"'énigifiés 'and namic changes in
"Any
* The coastal artlilery common- der wrote: "Even with the ex- traordinary
for most ur Vent needs, the coastal artillery's preparedness is, in my opinion, not as it should be"
He called urgently for mere trained staff to handle complicat- ed modern equipment.
The
Arms Ring Smashed In Vienna
Vienna, February 18.
Truman Says Word For New Pact
Washington, February 17. President Truman today redffimed his faith in the proposed North Atlantic security pact and said that he still adheres to the views chout the pact set out in his inaugural mesipge on January 20.
A show called the "Laughter Revue, stage at the A.B.C last year, was taxed at more than 1,000,000 tranes as a musle hall show.
The theatre contended today that it was really an operetta which would cut the tax by half as operettas are in a different
category,
tax
Inland Revenue gld, oná in the Laughter Re showed a naked, woman Bosing and the production was therefore a music hall show. The theatre lawyers retorted that the well-known French operetta
ta: "Le Roi Pausole" has 4 scene Aguring eight naked wo men ye nobody disputed that this is an operetta.--Reuter. Mr. Truman said Mr. Acharavne juna kunaguna qua son had feand yesterday's state; ment after opnsultation with film,
Mr. Truman told his weekly, Arms being trafficked by the press conference that there is smuggling ring sinashed nothing mysterious about the Vienna is werk were destin-Apanuic Pact and that the
THE was the prepared state- ed for Egypt, Syrlu and the United States polley had been ment in which the Secretary Arab armles in Palestine, the nearly expressed by be Segre State said, that there are no real Communist newspaper Volk: tary of State, Mr. Bean Acheferences in regard to the ob
fectives which the US. Govern- stimme alleged today.
Bon, yesterday.
ment is seeking to decompilah through the North Atlonlie Pact,
Reuter.
dally Conservative "Aftenposten," commenting to day on the Minitary Chiara "farming 'comments."- Bald "We can never defend ourselves Alone our nation is too small and our land too big.
"But dur moral right to ask others to help us must be based
the Vand the condition that we
our-
selves do all in our power to
It asserted that the weapons
The President is understood to were being assembled in Austria tave feteired to a passage in his day from wartime parts inaugural message in which ho best deterrent to In Veoharhe British- sald that the
Weltpresso told some or angrċision is to make sure that will produce new forms of the solve the problem. For the sake the, arme had been brought from Shcetive countermeasures
Immediately against of our consciences and pur na-hungary to Vienlin, where they be "They will keep it well within tonal reputation, wo tannat give were so he sent towingwa violators of the the Arst line of fighter aircraft anyone a chance to say we are destinations. with no possibility of its being letting others bear burdens that outclassed In the Immediate Wo could carry ourselves." future," Reuter,
Reuter.
plane before long.
It is prudent to jasure rather than to take a chanca it will nàyer happen to you:
INSURANCES
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REQUIREMENTS
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Ematle if elbar that he still Thinks that the
Inforined American circles shid United States, with · the other the arms dealers were prepared | North Atlantic powers can (in
to sell to anyone who had dollars- the words of his inaugurát sd- dress) provide unmistakable brong
to pay for their purchases,
The arrest of five Austrians and two Hungarsins Was
nounced on Monday.
an
Two of the Austrians, both women, werp herbated by the Rulen authighflee, who cons!! fecated: Barve qurmulier of une umbing Fines and machine
were
The others, prichy tho "United Sites:
derused, of aferði machinh, minS and palis for sale.-Beuter
̈Bub~; Wea
WHEAT TALKS A
FAILUREPA
of the joint determination of the free countries to resist d armed attack from any quarter.
UN Planes Shot At
Halfa, February 18. Two United Nations Lakota alteraft, searching unsuccess hilly fof the United Nations Cansol Plang which disappear-1. ed on Monday Between Beirut and "Arompu, were that at ben tore they returned to their base; United Nations officials kuld fibre, today
- Kandmiston, Hobruary, 17.
The the second In-
Eilent Conference expected here within a few days,
The sub-committee represent ith the big igporting and export- Ing nations rear there la litlle "hupe by ngrenifig, on prices-al- further nutorniation Pu
Uppist the rupowatak old talks Vez hat defer bed. well clays Affimutz until the very delicire and.
Earley was reported that one of the Chakator "If all fills Patter Nations amesha British pubs are in ino Corel alterar da taky, kali
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