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THE CHINA MAIL, SATURDAY, NOVEMBER 20, 1940.
Clearing House Scheme For Food Rejected By U.S.
Washington, November 24.
The United States today flatly rejectod, the pro- posal for an international commodity clearing house before the Food and Agriculturo.Or ganisation's Commission on World Food Pro- blems.
1
Earlier, Mr. Harold Wilson, President of the Bri- tish Board of Trade, named three objections to the clearing house suggestion.
PANAMA
MUDDLE
Mr. Stanley Andrews, Unit- ed States Director of Foreign Agricultural Relations, said that the clearing house pro-. posal would cut clear across international trade and fiscal policies.
Mr. Andrewa said he agreed | that the solution to the commodi- the Pre-les problem luy in helping the
Panama, November 24. President Arnulfo Arias today took sidency of the Republic.
over
This swift development followed o ruling by the Supreme Court ilint Dr. Daniel Chanis, Jr.. de- posed on Sunday in a police de- partment coup. 15 still the President of the Republic.
As the ruling was announced, pulle begin moving into the elty A heavy guard was thrown around the Presidential Palace. where Roberto F. Chlari has been serv-
ng as Chief Executive since rerent cou}}
The court held that Chiarl has been holding the office of Prest- dent temporarily. Chlari. who was Vice-President, took over after Chasis tendered his realgra- viran.
Since Tuesday, when Chania repudiated his resignation before the National Asembly
the grounds that it was forced from him under duress, he and Chiarl have claimed the cffice.
Artas has been a stormy petrel
Panamanian politics
He was. arrested only last May on charges baving participated IN # alleged Easte: Week plot to over- throw the Government. He was parsioned by Presidential decree.
--Associated Press.
موده
PI TO FIGHT AMERICAN PLAN
Manila, November 26. A Foreign Affairs spokesman said today the Philippines will oppose the United States plan Japan establish trade to let representatives in America,
Pending conclusion of a Japan. treaty, the Philippines will contrue its fight against giving Japun international status, the spokesman wairi.
The Pereign Clee is under- stund to be preparing instructions Anhussador Carlos P. Romule to Bght the United States' plan in the Fur (Eastern Commission.
Ars elated Press.
deficit countries to help themsel-
VOS.
Earlier, Mr. Wison objected to specific proposals put foward by the panel of six international ox- iho clearing perts who devised house scheme.
He said no country in balance of payments difficulties could accept a proposal involving the accumu- lution of large aud growing amounts of their currency on the nasumption that they would one day be made convertible.
Two other objections covered by Mr. Wilson' were:
(1) The possible use of block- currencies for buying goods from the non-dollar world which would otherwise be sold for dol- lors.
(2) No energency scheme should oilitate against the com- nudity-by-comunodity approachi which had been agreed on inter- nationally and on which conside- rable progress
now being made,
was
"If a schome can be worked out which will avoid these fun. damental objections, as hope It may be possible, the United Kingdom delegation will be very ready to examine it construc tively," he said.
"Good As Dead" Observers here believe that the cool reception accorded to the plan for an international commodity clearing house today virtually rul- ed out any chances of its adoption.
the
One senior F.A.O. official re- marked at the close of today's de- bate, "It is as good as dead". None of the speakers for world's leading exporting and im- porting nations showed any en- thustasin for the scheme, which had been strongly supported by the F.A.O's Director-General, Mr. Norels Dodd.
Speakers saw too many dim- culties in the plan le set up agency for buying herd currency goods und selling them for satt currencies. It seems certain now that special proposals for dealing with the commodity problem will be referred to a panel of The F.A.O. conference. Reuter.
Pre-War Japan's
Bonds
Tokyo, Návømber 24.“ Japan is making - přeparu- tions to redeem pra-war ovarisas bends, but redemp- tion will probably be impos sible until' a' peace 'traaty la concluded, the Finance Min. ister, Mr. Hayato ikoda, told the Upper House today.
In the Budget Committee of the Lower Монва the Prime Minister, Mr. Shigeru Yoshida, fald today that he was confident that with the removal of various obstacles there would be an increasing
foreign number of
Invest. mont in Japan In the not too distant futuro.
were
Factors obstructing foreign investment In Japan political, social and financial instability, heavy taxes and
Japan's falura to pay her foreign debts.
Foreign companies had ap. Japanese with proached the regard to Investments tourist hotela in Japan and such project As the Tada River electric power develop- Some rapro. mont project. sentatives of Japanese com. panies were already overseas dieaucaing such
Mr. plans, Yoshida said.-Router.
BRITAIN CALLS ON RUSSIA FOR PROOF
Lake Success, November 24.
Britain called upon Russia today to end the Com- munist-led violence in Korea and Grocco as proof to the United Nations and the world' that she really wants poaco
Mr. Hector MeNeil, the Chief British delegate, told the U.N. Political Committee that Russia could end tension "on two sides of the world by acting in her role as a leader of world . Communism.
the General Assembly to guaran- tee til freedom to peoples.
"I am not disputing the decision. jöf the Prague court or the right of the Czech people if, by volun- tary action, they decide to have
that kind of law. But I wonder
ions if one of the results is that why we discuss and offer resolu
people with whom we are seeking to crenta cordial relations “are rist permitted to see the taxt of the resolutions, we debate."
ad untu debate was adjourned The He said she could order volutions in countries still opera-Friday without, reaching a vote of Communists to disassociate ting under capitalism.
the Soviet proposal or the rival themselves from the Greek Mr. Vyahinsky that
Replying to the contention by resolution, introduced by The civil war and the violence that not attempt to "export Socialism" for all nations to work for peace Russia, did United States and Britain, calling has split Korea into two arm-and had ed camps.
"That would be a real contribu-
delegate sutei,
Kozen,
no aggressive aims under the UN Charter.
Western against the
world, Mr. The Canadian Foreign Minister McNeil maid:
| Lester B.
B. Pearson, the Com- tion to world peace," the British "We know that in Greece, inmittee Chairman, announced that wherever there is dis- he expects the vote to bo reached "It would be a bulldozer opera-urbance, we find elements of the on Friday morning.
Communist Party, and the Com- lion in disposing of tho-lock
Neither Mr. Vyshinsky nor Mr. confidence
the Chinese shown here in Soviet munist Party itself stimulating McNell mentioned intentions."
thesa processes of violence. problem.Associated Press. Mr. McNeli sald
this lack of
Now Era confidence, expressed by half n duzen delegations in Committee lebate, was the reason he and others could not support a Soviet resolution calling for
a "pedec among the big five powers Russia, the United States, Bri-
France and China. Lain,
Fle spoke after the Soviet de- puty Foreign Minister, Mr. Andrei Y. Vyshinsky,
Fact
"it those makers and man- movement!
apora of this world would say that good Party mambara dissociate,themselves
then woj
TURKEY FOR
TURKEY
from this violence,
Istanbul, November 24, A 30 pounds woight turkey would be in a new ora indeed named Unity arrived by air to- that would be reallestion day in Istanbul from the United declaration of world States on, is way to President
Ismet Inclinin
and
of our
peace.
Mr. McNeil claimed
that a
The bird is to fly in a Turkish for the United States arguing
Information Ser pinne to Ankara, where it will be resolution, had contended that vice bulletin was confiscated in presented to the President a Communlat philosophy does not Czechoslovakia because it carried Thanksgiving Day token' uf ***********' call for support of inevitable re- the full text of a resolution asking! American goodwill.--Reuter,
POP
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DO YOU REALIZE, ) OH, NO, YOU CAN'T! GAUNT, THAT RASAN LEE'S STORY. AFTER THIG
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JOHNNY, IF YOU'VE GOT AN IDEA TO GAVE
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