11
Page 2.
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THEODORA, SLAVE
EMPRESS REA
THE CHINA MAIL, MONDAY, SEPTEMBER 24, 1956.
ATTEMPT
BRITAIN'S
INFLATION CITED
The
Washington, Sept. 23. International Monetary Fund in its annual report published today cites Britain as an outstanding instance of the use of financial measures to curb inflation instead of restricting imports.
The report said the measures The volume of trade between tkun by Uricals last your da} Industrisi countries lpst year pol re art 1. intensified restræ increased by about 18 per cent tion on her Tende or cupital | but their imports from primary bul, at most pro-jetna countries lowing d
progress only or 7 per cent. toward convertidlity and liber,
duce!
alisation
anty
reasmably postikuna.
Cluster Bar industrial countries should Fac able lo nvod mube Tanbad deterioration their
1esent favourable payment the report went on.
Brilu wES BETIOUN KUNculties other industrial there whe
base! by more than mos! countries, bil
to doubl
الاول
The share of primary produc 12 countries In world Imide Ha Leen falling for some years,
of the
ot bruuuze
Browth LOW
und materials of agricultural production in Indústrial coun- tileg
shelle the expansion
Farm Surpluses
Export disposals of of prudent Surplus by the Inent enable gradual
Jum million dollars 600,000 sterling)
30 vast than a continuatim policies would.
macie
ths balines of payments
But
PITA
Lax.
farm US Gover- from about 375 (about 133.- 1954 to
perta for Nede of the pritury 1945 miltion dollars ubout producing
Countrivy talighas some what les assured.
Egyptian Trade
De £372 mullion
+2111'
The Fund report, prepared in June, was
Jablished cre Today for the opening of this week's ammad meeting of the Fund F
the Work B.
habire de
17 42 194
sterling) In 1955
i still higher figure in the your ended June 1950. Thost tiksposals helped the recipient countries but made difficulti for some compeling agricultural exporters,
Expenditures abrond by the [US: Clovermnent in recent years have been
inuch more stable then either the flow
Inter- of tionn! private capital or the ex- Carying of *ume Thaw in Imports, partly for gov.inaterial exporters, No abrupt ernment spored develop- jde, line
likely neema
in The ! ment pergeet the report went jaggresude sums provided by the The US Government to the rest of
the world,
NATA 112,90%
on ^ shar dekat 1413 reserves followed, which tinued into this year
But Lugypt, hy mang fanter able sten lite facilties, wit
This <lenlar
Capital Movement Recent experience is not very Hyptan pounds at deprecated couraging for the equilibrating
private capital
reduc
rates.
The po went on to make these
role of meals
move-
Jurther points: Experie Muncuary policies of surplus cet uf recent years Burgesia and defleft countries are not there could be cautious ont- always such us to bring about 15731 alout the ponibility of an appropriate differential be- avolding severe depresions and tween their Interest ruton,
checking
Capital funds move most fres fluelundaunes world economie netivity.
Jy In
to interest differentials between the United Depression Fears States and Canada and between Iritate and other sterling coun-
-Reuter
Fears of H dipinessinti ant the United States with repurekassistan on the rest of the workel, cien ved from prewar experience, have pot been borne mal during the postwar years,
Wider
115073 of transferable sterling and of the partly con- vertible West German
mark have been important factors in the continued movement towards freer system of international payments. The convertibility of sterling has
"Nike The Best
Washington, Sept. 23. General James Gavin, head of the United States army research department, said today that the "Nike" rocket was "the world's best surface-to-air missile."
Speaking on the radio. Gavin added: "However, it is but the We recognise its and we ure now
bern widely re-begning.
hotcoms gorded as a crucial element in
TO CURB
of purchase
Sixty miles to the pollon—and seventy m.p.h. is claimed by the manufacturers of "The Berkeley" the new British light weight Sports Car-priced at £595 inclusivo
It is made by the Berkeley Cosch Works Company of Biggleswade—it is the compally's It has a fibro glass body......and is fited first car-for they normally manufacture caravaim,
It has independens with a two stroke modified 322 cc. British Anzai atr-cooled engine. suspension on all four wheels-and is front wheel drive. in 1071 3 in long and 4 ft 2 in wide.
A "home repair". The chief point of the car is the simplicity of bodywork repair. kit is supplied containing colour mixture mixed like pulty-spread on the damage......... smoothed and polbied. It weighs only Bly ewis, and can accommodate iwo grown-ups and two children. The Berkeley is to be shown to the public at the forthcoming
Show. Express Photo.
MACMILLAN TO
DISCUSS SUEZ
By RALPH HARRIS
Washington, Sept. 23. Mr Harold Macmillan, Britain's Chancellor of the Exchequer, who arrived here this week- end, is expected to discuss the impact of the Suez crisis on world trade in his talks with United States Government leaders during the next few days.
Arrangements have been made for him to have talks with Mr George Humphrey, US Secretary of the Trusy, Atul other Eisenhower Administration off- ctals,
of
Motor
US INTEREST
IN INDONESIA
Djakarta, Sept 23. Business circleg in Americn have shown a greally-INCTENSEL Interest in Indonesia since the visit to the United States of Pre- sident Soekarno, according to press reports here.
Khrushchev Watches Ship Launched
the
Belgrade, Sept. 23. Mr Nikita Khrushchev, First Secretary of Soviet Communist Party who is on a "private" visít to Yugoslavia, today ac- companied President Tito to the launching of 10,200-ton cargo ship At Pula.
The two men landed travelled in the President's yacht Pod- gorka from
Brion
1sturid, where they have been having
ΟΙ
Kerti töks. The Island, site the President's KUNNET reslila cuer, is burved to the public.
Accompanied by Mr Nikolai Firtublix Soviet Ambassador in Belgrade, hey went to the Ulduak shipyards, and watched the launchtigt of the freightơT.-
The chip was named Uljanik after the shipyard in honour of to 10011
the anniversary of yards foundation, being cele. brated today,
WELCOMED
A
Mr Khrushchev and Pre- jaidieni Tho were welcomed inter 10 a meeting of the shipyard workers council.
Afterwards they lunched with workers council members in Pula Hotel before leaving in The Podgorka for Brion after a Ave-hour on the mainland,
Mc
who hao been staying on Brion! since Friday night, arrived in Yugo slavia last Wednesday for what
described a offietally relays rest-Reuter.
Khander,
A-Tests Registered
AL
The frudonesian Consulate in New York had received "æcores"" of letters from businessmen con- templating the investment of capital in Indonesia, the reports smographic instruments cap- suid.
ex-
Moscow, Sept. 23. The Soviet Union possessed
able of registering atomic and hydrogen explosions anywhere
the world, the army news- It ePaper Red Star said today.
added that the Government ran 70 aclamographic
in stationa various parts of the country.
Last July stations in Moscow and elsewhere registered Ameri- cuti hydrogen bomb tests.c
The Sultan of Jogjakarta, Sri for the
Hamengku Ave-day
had review
Buwono, developments 321 internationalceived a letter from a group of
"Amerient Anunce, trade and economic re-
Industrialists” their pressing covery.
willingness assist in the development of the region "in many Belds."-China Mall Special
I will be the first time that Beth and Egyptian represen- Temerrow The opening sessions
tallyes have met at an Inter. of the caramel meetings of the national meetin since Britain International Monetary Funchallenged Egypt's nationlisa- and the World Bink will be tion of the Canil on July heki. The Chane for ་ pected to discuss the seylons
Informed
here ald implicailons of the the Initmational Monetary Fund- Suez celsis with many of the governors will study the effects her 58 Anance minder or of the Suez etisis ki the light of their deputies who will be at tw of IMF's main objectives. the mytings
Egyptian Meeting
Thew are The reduction world trade barriers and the ulimination of inflationary frend specially through increased pr
Today delegates and their adduction.
Eny further format move toward well un the way into improved | Visers streamed into the capitali convertibility
uther cur
versions Presse
1."--France-
ORIENTAL MAJESTIC
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20th Century-Fox prmeres a masterpieces of Mystery and Deduction
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HENRY EPHRON
HENRY HATHAWAY
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Oriental: Next Change: "THE AFFAIRS OF DOBIE GILLIS”
LEER
TV For US
Courts Expected
In recent years, the Fund h bin able to express 418 27-
faction with a slow but steady removal of trade and currency estrictions, mut it is exported will nede further progres in the
ence
Its coul
last 12 months.
05
part
the
to
Reuter,
Canal Crisis Had
To Be Taken To United Nations
United Nations, Sept. 23.
The French and British governments were obliged to have recourse to the United Nations in the Suez Canal affair because the Egyptian Presi- dent, Gamal Abdel Nasser, had evaded...their....... appeals, addressed directly to him, a French delegation statement said today.
But hopes for reaching there (win goals, ስዞ well
The statement signed by the turn to Paris two days ago from eventual convertblilty of ster}- | penmaßent representative, Ber- the second London conference ing and other currencies, depend urd Cort-Gentille, said that on the Suez Canal, the state- Jargely 011 A strong Brush France would meanwhile partici- | ment sold.
economy and the dimculties in-tready raised by the Suez crisis
have
finemed considerably financial elreles here.
Dallas, Sept. 23. Court trials of top terests may be broadcast and televised next year.
pate in preparations for The stablishment of the Suez Canal Users Association,
The statement concluded: "As 1:as been
announced, France, which give her agreement to the The statement said tha in plan to establish a Canal users calling for a meeting of the association, will go ahead with Security Council, the French the preparations and negotia Government WES Inking "ptiona begun to this purpose logical and forestenble step. during the second London con- following The France-British ference.-France-Presse. letter to the Chairman of the important
Security Council on September Bank's
Most Concerned
Fall-Scale Study
One of the most tems
World the on agenda is a discussion of "atomic спетру in economic develop- ment" to be held by a panel of leading atomle rdministrators and scientists from Britain and от the United States,
Me Richard Tinkham, chair- fun ol the American Bur Association's Public Relations Committee, sald here that his group was expected to recom- mend deletion of phrases in the appropriate canon that brond-
and casting
photography in courts tended to "distract the witness" and "degrade the court
and should T
be permitted." Sald that removal change of these phrases would not automatically throw open the courts to broadcasters and photographers, but would relax bar nsruciation's strong stand ngainst them.
TO-DAY AT 2.30, 5.30,
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Gary Cooper. Susan Hayward • Richard Widmark "GARDEN OF EVIL" TECHNICOLOR – CINEMASCOPE
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PON
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The
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12.
Great Patience
Leisur
London, Sept. 23. Party Member of Parliament end Foreign polley
The French Government has spekomen, Alfred Robens, sald sought, with great patience, and tonight the French and British in full agreement with the move in jaking the Suez Canal full-scale study by the bank of a geaceful settlement of the Nations Security Council must open a British Government. all means question before the United which Is moving toward the international financing of the Suez affair, as prescribed by the lead to negotiations with the "Atoms for Pence" programme statement continued.
United Nations charter, the country meal concerned-Egypt." for under-developed nations.
Robens raid that "It would be
"The Egyptian head of gov
Mr Joseph McDonald, of the National Broadcasting Согд- This possibility of World Bank renent has evaded, the appeals quite wrong simply to put the pany, told the association at its support for atomic energy pro- addressed to him. The French 18-power plan before the banquet that he believed that grammes is expected to emerge Government and the British Security Council,
arking them belbre long television would be as a significant factor in stimu Government thus find them to rubber stamp it." He added "generally accepted od the lating the recovery of produc-selves obliged to have recourse that the Labour Party hoped normal “counterpart of, and im- tion and
that the move would not be the United Nation prosperity, assuming to provement upon, - today's good that stable political conditions The French Foreign Minister, "merely a formality." newspaper and news magazine return quickly especially in Christian Pinetu had indicated coverage of Important proceed the Middle East.-China Mall the posibility of recourse ings."--China Mall Special. Special.
the United Nations on his
WHAT HAVE YOU DOME.COLONEL.
YOU'RE
WALKING VERY! CROOKED ?
HAD A VERY
STRAIGHT WHYBKY Z
Tightrope Walker,
AMELY
PRECIOUS DROPS FOR PRECIOUS MOMENTS.
CHERRY HEERING
to
He said the decision to tako the Buez problem before the re-Security Council was "what wa have been asking for all the Ume, and we are glad that they have decided to take the advice that has been tendered to them. I am sorry that it has taketz 20 Jong,"
In Paris, Commerce Ministry pources said tonight that the Government was holding i in rosurve a plan to assure the transport of oil from the Middle Bast to Westem Europe, more economically then, by the Buez Canal and without having to
the
Capo They Have
deinits of the plats which they old Had been outlined redently by the Becretary of Blate for Indunits Prid Commerco, - Mazić Mamuries