CORRECT on all: bccasions
VULCAIN
SWISS MADE
COMMENT OF THE DAY
No Change
1
CHINA
No. 35502
Established 1845
WEDNESDAY, MAY 6, 1953.
Today's Wenitier: Light South or variable winds. Clonds. mlaty and warm with intermittent rain.
Price 20 Cents
ORIGINAL-ODINER
> Calculator - Model 107, 2.
x*
Only $550 HONGKONG TYPEWRITER EXCHANGE 9 D'Agullar St.
Tel. 21433.
HK Businessmen Staging Big Egypt Nearer
Of Heart Trade
Trade Exhibition In S'pore
LEARLY the most im-
portant question about Pravda's long reply to President. Eisenhower's message which was directed to the Russian people AH well as the Soviet Govern- ment in whether or not' ft]· indicates any change in Soviet policy or in the at- the Kremlin to- titude of wards the non-Communist world. And it must be con- fessed that careful reading of the Pravda document does not reveal anything| that could be regarded as such an indication. It is recognised there is a slight modification of language in comparison with earlier of cial and semi-official
pro-
nouncements, but it is not readily acceptable that the nubstitution of acidity for
GOODS VALUED
AT S$2
S$2 MILLION
FOR DISPLAY
Singapore, May 6.
Eighty-five Hongkong businessmen are now
in Singapore to stage a major trade exhibition of their goods and "put them over" to public and buyers generally.
Some of them admit that the business outlook in Singapore is not as bright as it could be but in one respect spokesmen for the group are happier. This is the competition of Japan.
Mr Haking Wong, one of the businessmen, summed it up in an interview with Reuter by say- ing, Hongkong manufacturers are not yet feeling the pinch of Japanese competition but are alert and watchful.
24
"vulgar abuso”, signifies changed attitude. "Moreover an appraisal of concrete comments and suggestion offers little, if any, sign of a definite change from the past. The subject on which the articlu devoted most at-
The exhibition is due to run from May, 9 to May tention was that of Ger- many. After the
at the Happy World fumiliar
grounds here. The 85 charge that the "Ang businessmen represent the Hongkong Chinese Manu- American bloc has made facturers Union, which is sponsoring the exhibition. unification of Germany im- One participant whose arrival here has aroused special possible, the article goes on: interest is Mids Butterfly Wu, the former famous film "The question lles in
con- star. cluding a peace treaty with {
Mr Haking Wong told Reuter: Germany as rapidly as pos- "After the war we do not see sible, giving the German that the Japanese kave come up people the possibility of re-to their prewar standards in unlon in a united state, and th quailty
then
of goods and
taking a place in the
com- Led
munity of peace-loving nations, and that following this the occupation forces should be removed from Ger- muany."
THESE arc sentiments
which have been express-
بودا
Miss Butterfly Wu, once tho rage of thousands of Malayan im fans, will represent her husband's firm, the E. Penn In- dustrial Manuhetory of Hong-
kong he said, was at present "I am going to help my hus- dimculties, high cost of produce dispelling a legend that all
cronomic bond to make money. she said on and raw materials shortage. famous actresses end up marry- Mr. Wong said he aw no Jug a rich man and spending all possibility of a Japanese market money,
for Hongkong goods because of Another member of the dele- very strict import restrictions. gallon is
Miss Pauline Chan,
Mr Haking Wong said Hong-director of the W. Haking In- ed in half a dozen Soviet kong trade is developing on many dustries Ltd., and salce manager uotes on the subject of Ger- lines and its market is extending of the. Hongkong Rubber Manu- many and her future. Yet for and wide.
factory Lad there is also
One, member sald Hongkong merchants regarded the present ket as gloomy, but thought that cluation on the Singapore mar
the long-term prospect was very bright,
one notable He said the United Kingdom omission. Nothing is said is providing a good market for about the holding of free added "are cheaper and of good Hongkong goods, which he elections. A year ago
the
qualify. Soviet Government did no- IK "QUITE SAFE" cept the idea of free elec-
A similar exhibition held in Asked whether Hongkong 1051 resulted in orders placed tions, in principle, though)
businessmen. Ita proposals as then framed shift their capital to Singapore $$12,000,000.-Reuter.
seeking to for Hongkong goods totalling would have made them Im- and
Investment possible In fact — which is because of
fear of a
were
Malaya
for
the
the main reason why the Communist Invasion of Hong- negotiations at that time kong, Mr Wong said. "We feel failed. It is conceivable that that Hongkong is quite safe.'
the omission of any re-
Ho cold businessmen felt that Singapore offers betler tellities
ference to free elections in for Industrial development, for the latest Pravda article instance, raw materials are more was accidentai; but even if easily obtainable and chipping that is assumed there is no costs lower. sign of any alteration or
modification of policy or managing director of the China
Goods manufactured are in- tented for the local markets and for export to Indonoris,
Another factory will be set up for the manufacture of paint for the National Lacquer and Point Products Co., Ltd., of Hongkong, according to the director, Mr Yan Man Leung.
MAN FOILS GUNMAN
Paris, May 5.
see Jacques Ducios, France's
Russians than a year ago. The Western world still hopes that the Kremlin.will give more positive signs of a changed heart to the many international problems now in dispute, and particularly in relation to Germany and Austria. Thoro Is little that can be considered con- The coming trade exhibition him. crete in the Pravda reply to will deplay goods manufactured
Model Of Coronation Route Barriers
At the British Industries Fair at Earts Court, Bat, Tom A. Born of the Royal Canadian Mounted Polloe, who arrived in Landon recently ahead of the Canadian Mounted Contin gent who will take part in the Coronation Procession, is in- terested in the model of the Coronation Route from the Abbey through to Big Ben, Westminster showing the Coach approaching the West Door of the Abbey, On the left is Miss S. Riberlo of the Gold Coast and on the right Pearl Confor of the West Indies-Londoa Express,
'Give Us Aid' Appeal By Thailand
Washington, May 6.
The Government of Thailand today asked the United States for a quick increase, in arms ship- ments to help that country prepare itself to stand against possible Communist aggression.
In
our
"Recently we have arrested some Individuals suspected of Communist activity, but at the moment we do not have an In- terral subversive problem."
May Lead To A Trade War
Washington, May 5. The Mutual Security Director, Mr Harold Stassen, warned Congress today that United States trade barriers could lend to a trade war among the Allied nations and help Russia.
new
He W15 testifying against proposed high tariff legislation in the Simpson Bill, which would open the way for greater restrictions in imports, before the Ways and Means Committee
To Becoming. A Republic
DECISION REACHED ON NEW CONSTITUTION
Cairo, May 5. Egypt moved nearer to becoming a Republic today when its fifty-man Constitutional committee agreed unanimously to draft a new constitution "on the basis of a republican regime".
On April 29 a 15-member committee recommended a urliamentary republican system as the best regime for Egypt: It proposed that the people should have the last word through a referendum which would be free from martial law,
V
The Prime Minister, General Mohammed Naguib, appointed the Constitutional Committee after abrogation of the 1023 Monarchist Constitution.
of the House of Representa-companied by a press campaign
tives.
He asked the Committee to extend the Reciprocal Trade Agreements Aci for
one year Presklent requested by Elsenhower?
Mr Stossen sind the gulding principle In United Stutcs foreign ceonomic policy should be to help the United States and the Ailled world to grow in strength and unity and not help the Soviet programme to divide and conquer the non- Communist world.
Revaluation
Of Former Currency
Last July when King Farouk left the country with his in- fant son, in whose favour he had abdicated, his exit was ac-
against the maintenance
of the Throne.
In December General Naguib abrogated the 1923 Constitution "given by a monarch's bounty"
Three British banks which proclaiming that the new Con- formerly operated in China stitution people as the source of power." affected by the Chinese Com- regard "the today advised depositors
should
SOVEREIGN POWERS
London, May 5.
Under a provisional Decree munist Government's recent issued In February, General order that banks in China Nagulb assumed
sovereign powers with the right to appoint
are to rovalue and repay.de- poelts in Chinese National- Cabinet ministers, to do everything necessary to Ist currency which existed protect the revolution and the when the Communist 'Gov- regime'
and dismis
The Banks are the Chartered Bank of India, Australia and
China; the Hongkong and Shang- hat Banking Corporation; and the Mercantile Bank of India.
According to the Peking Gov- shine
ment's order the revaluation
AT CROSS-ROADS Mr Stassen said the United
amation portal three-year ernment took over in 1949,
"unt the new States was today at the cross-
constitution could be drafted and roads in its
economic accepted by the people, This foreign policy. No respect of American provisional charter did not policy wus more important than
mentio the course Congress chose to Fund
the infant King Ahmed 21. adoptin. economic
relations
Cabinet Ministers now take with other notions.
Poople and the laws are issued the oath of Allegianco to the
In the name of the People, solved, the prefix Royal is
The Royal Guard has been dis- longer used by the armed forces and the National Anthem "Salaam El Malek" (Homage to the King) has been dropped by the Egyptian Broadcasting Network and is no
Earlier. Mr Binclair Weeks, Secretary of Commerce, had told the Committee that foreign countries
would have to earn dollars by trade, tourism or other methods to pay for American goods.
"We have now
reached the point where most of them can, it allowed, stand on their own feet and pay their way through normal commercial exchange of goods," he said.
World conditions called for a fundamental
revaluation of Amerlea's entire foreign econo mic programme, but until that was done any modifications in their trade and tariff policy would be unwise and premature. US EXPORTS
Mr Stassen said the United Slates, exported roughly 10 per cent
of the total agricultural and manufactured goods it pro- duced last year!"
Wheat Larmors exported 48
duction, cotton farmers 37 per cent of their total pro-
per cent and tobacco farmers 25 of
going or hufactured
Any Industrial country which depended so much on outside supplies would be "unsviso in terms of its own self interonts to raise new trade barriers"
Two new factories are to be set
A gunman who asked to in Singapore.
Ngok, programme, and nothing to Brothers Hat Manufacturing Co., No. 2 Communist, drew a The request was made by the Thai Ambassador, Mr per cent, with 23 per cent
Pote Sarasin, in a meeting with the Secretary of State, cent Four will crost a factory for the manu revolver at the secretary Mr John Foster Dulles, at the State Department,
tractor production and 11 per auggest that a new
of Power discussion of Ger- facture of wool felt hats, and who received him at On-
tools man problems would be ap-canvas tarpauline for covers treufl Town Hall tonight,
a statement to reporters. "For six years
The United States depended on proached differently by the goods and vehicles.
Police said that Lucien Aleo, after his half-hour meeting with mens has been fighting Commun-nisa, arbestos and chrome and for
govern- foteles nations for all fistin a 24-year-old worker, arrived Mr Dulles, the That Ambassador int activity, which at the Town Hall at 8 p.m., and described the present situation in why no open confici is now. ganese, wool, bauxite and lead.
one reason most of its nickel, cobalt, man- asked for Mr Duclos,
Southeast Asia as "grave".
existing in Thailand," he said: secretaries received
One of the Communist leader's "The significance of the Com- because M. Ducies had left the it is aimed at not just one the man munist attack (in Loos) is that Hail.
country but at all Southeast Police sald that Rico at once Asia," he said. drew
a toaded revolver, but the "If the Communists sucpeed in. secretary
Was too quick for their present attempt, there will be an immediate threat to India He ducked low and brought and Indonesia and, indeed, all President Eisenhower's by 104 Hongkong factories to the gunmen down in a tackle.
of Anla 1.overtures, and until that is the value of 8$2,000,000. Mr Police Inter look Rico away,
He said the economic effects forthcoming the Kremlin Haking Wong said the main A police statement sald Rico of
A Communist triumph in unbalanced-Reuler. Southeast Asia would be crave moves to date must be re- object of the exhibition was to
for the free world because vast amounts of food and writical raw materials would be taken from the warehouses of the tree nations and placed at the dis- posal of the Communists.
POLITICAL EFFECT
MAIN OBJECT
Livite buyers and the general garded as a change in tac- publle's comments on the au tics rather than a change ceptability of the colony's goods f policy.
as to styles, skill and quality,
Swedish Housewives Ask
For Food Parcels
the
"seemed
Millionaire's Son Missing
our we
50,000 REFUGEES
Mr Sarasin said 50,000 Vietnamese who fled their home land five years ago were con- Thailand and were now being centrated in a limited area in
screened by the government authorities.
He pointed out that these re- fugees were properly described Da nationalists out of sympathy with continued French influence in Vietnam, rather than as Com- munists.
He
Was
Mr Stassen testifled in place of the Secretary of Agriculture, Mr Sura Beason, who was prevented frem appearing before the Com- mittee today, by last minute pressuro of other business Reuter.
Comet Sets
New Record
The
asto.
Lendon, May. 5.
A modified Comet jelliner avernying 476 miles an hour to- Macao, May 0. Politically, he added, the first
day set up an unofficial record Fu Lam-kin-14 year old fruit of the Communist victory
did not, go into delall between con of the well-known multi-would be to bring an additional about the Thai
Hatfeld, Hertfordshire. government's and Cairo." millionaire, Fu Tak-yom and 75,000,000 people
under their requests
for increased ald It covered the 2,183 miles In his fourth wife Ho Mel-sin control Stockholm, May 8. Figures published by
was reported missing yesterday. Mr. Dulics up to date on the 14 that
Mr Sarasin sald he brought except to say that he did
not four hours 35 minutes, beating. bsk for American Many Swedish housewives and Labour Board.
troops and by over half an hour the timo today showed
when he failed to appear us. their Untebands, who yesterday that 3,000 slaughterhouse usual at 1 p.m. in his house.
the type of ald desired set up by another Comet three ternal situation of Thailand.
equipment and weapons you met set out today at virtually stripped the shops of workers are on strike and 28,290
Later on, ап investigation "Wo
have reinforced
for the ground forces, brid) ment and margarine, were men and women are locked out earried
out by
Macao police forces at the border and bilay writing tonight to friends in other industries producing revealed that Master Fu went are maintaining a constant air,
"Mr. Dulles appeared to react 0.45
MGMT on its way to of me abroad to send them food.
out for a car ride together with patrol," he said. “If it becomes favourably to our request,” said Khartoum for tropical trials. It supplies. {{
Tho dispute began. over Antonio Assis Fung, 22-year- | necessary, we, shall order
the Ambassador. He realizes has more powerful engines and an announce-wages, Employers in the food old son of the Central Hotel general mobilisation."
our danger."
a larger fuel capacity. then the This followed
industries sought to reduce general
Francisco
.. that The Ambassador tent by the head of the Board wages while the workers de Assis Fung,
Comets at present manager,
added
In service and Mr Sarasin seld all that was is the development aircraft for of Agriculture that anyone may
such an order did not appear to manded Increases. A month's
Comet series-II. The car. a Standard with bs Imminent because the imme; desired, at the moment was ap Import his own food negotiations and nine days of Macao local licence No. 715, dinte intentions of the Com- agreement concluded between Tho:
pilot was Mr John beat the strike and lockout in
conciliation moves failed to was found at 9.30
two governments to boost Cunningham, chief test pilot for p.m. namunist, who are driving to the the Eweden's principal food Indus-
BOIVO the dispute tries.
tencls, place at Arela Preta Laotian capital of Luang. Fra- rims. shipments to Thailand. If the makerz De Havilland, who The Food Workers Union, (Hak gaWan) without its bang and the key city Vien- that agreement was reached, also piloted the Comet which ret. Kenald-trport-Heences would however, has accepted an appeal occupants. A gold ring belong-dane, are not clear.
he pointed out, military leaders up the record In April, 1950, bogantedy truely to firms and to produce normal supplies for ing, lo, Bung, was found inside He said the Thai nation could and the American military This time still statids as the Indterduäle for all scarce foods. hospitals, home for the aged, the car.
be counted upon to do every-mission in his country would official record because, today's Firmapro also rushing to forces' canteens and schools. They left home at 9.a.m. thing it could to realat nggress- work out the details Valted | fight was pot observed for order cuproad.
Router.
United Prem.“
Jon
Fres
record-making-Router.
the
no
commented with one Chinese Nationalist dollar* cqualling 12.500 Chinese Com- munist dollars in respect of se since the beginning of 1937. counts and deposits not ured
There is then a descending scale
of revaluation rates, the- lowest
being one
Nationalist
Jorter used in the cinemas andling one other places of entertainment.
The ex-King's stately palaces with their beautiful gardens have | bem opener to the public.
The Liberation organ Al Taj;ar wrote:
have "We
had enough of Monarchy. We want a Republie." -Beuter.
hundred
dollars
Chineso Com- munist dollar for accounts and deposits which were used after August 1948,
Today's notier by the British banks gave advice on how de-- positors could All in forms and register their claims in China In order to preserve any rights they may have. It pointed out
regulations
Censure Motion that the Chinese
Defeated
London, May 5. The British Government' come
volve a revaluation of local currency only.
notice
said it Was un- derstood that no question arose of transfer of funds to countries
The
outside China nor was there any
assurance that creditors would be able to use their revalued
China deposiia freely in
through a vote of censure in the House of Commons toalght with a majority of 29.
The voting was 204 to 285 on a Labour motion alleging
The banka emphasised that effelency in the Government's they accepted no obligation or conduct of recent Parliamentary responsibility in the matter-
Reuter. business.--Reuter,
in-
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