THE HONGKONG TELEGRAPH, WEDNESDAY, MAY 26, 1948.
IMPORTANT STERLING TRENDS MAJESTIC
DEVELOPING
London Discussions Arranged
London, May 25.-With Indian and Pakistan delegates on their way here this week to negotiate a longer-term (though still not final) arrangement on their sterling balances, some important new trends are developing in both official and unofficial attitudes toward the sterling area.
These are affected by attitudes in Washington as to the conditions, if any regarding sterling and the sterling area that should be laid down in the bilateral Anglo- Amerlean agreement for European Recovery Programme nid to Britain.
Their influence will outlast both the Anglo-American bilateral agree- ment and the Impending sterling agreements with India and Paklatan, because the United States Aid Ad- ministrator. Mr Paul Hoffman, is "continuing coin. establishing
B
mittee of United States bankers to advise him on such subjects, not only now but also in the future.
Perhaps the biggen development Is the way in which high British authorities have recently been ex- viewpoint. own pounding India's
be seemed to Almost they have
brief against arguing India's own
ne- themselves in the forthcoming gotiations.
other's
CAUGHT BETWEEN FIRES
with In previous nepollutions India both sides have in fact, tried hard to understand and met the
utter viewpoint. Latest ances by British officials, however, evidently releet their sitivity is but criticisin, not only in Britain
BR In Washington more even circles-which can do more about it eritles that can the home thinn
balances drawings on the stirling may undo the benefit of ERP tol Britain and thus weaken Britain's ability to help herself.
Touch On Those With Tummies
London, May 25-This plight of stout Britons who are unable
buy to
bathing large-sized trudka was aired in two Ilouse of Commons today.
Mr Maurico Hollis (Con) asked Mr Harold Wilson, Pre- sident of the Board of Trade, if he were aware that only one pair of outsize bathing trunks every
· manufactured for WAS four medium-sized pairs.
Mr Holle pointed out that there were only 2% medium- sized to one stout Briton.
Mr Wilson aald be had no control over Alto ranges pro- duced by manufacturers. ~~~
United Press.
at two superbly-atted eight-storey ABENTETÉBENDRIJA - "state hotels," which the British Government opens this week,
The hotels are near Hyde Park, fashionable Mayfair in London's district.
The delegations will have their own separate entrances and will live entirely apart.
Britain's Use
Of ERP
Aid Questioned
›
Princess Elizabeth An Hon. DCL
Oxford, May 26-Princens Elizabeth received the Honorary Degree of Doctor of Civil Law today from Oxford University.
"The Princess can now odd DCL to her name end may attend all official ceremonies at the 800-year old university.
The Princess, accompanied by Her Lady-in-waiting Lady Margaret Edgerton, arrive early today on her WIL {firat · visit to Oxford. She
closetted with members of the Unl versity In Brasenose College before attending the presentation ceremony In the old Sheldonian Theatre where the Vice-Chancellor of the Univer
on her. sity conferred the degree She wore the traditional black gówn and cap.
In a short speech the Princess. thanked the Vice-Chancellor and ail the for members university "honour" they had done her in
her with
most "thia conferringt coveted distinction,"
POWERFUL FORTRESSES The Princess said: "We live
th
an age when the ready made rinuse- ments of the theatre absorb our leisure and leave no time for those of mind more abiding plensures
שוג
In universities are power-
After the
Conversion of the buildings from wartime Government offices Wils
would be "peeded up so that they
rendy for the Indian and Pakistan
In 14 days "miracle of Washington, May 25.-The which only hard work and con- visitors.
according to
Government Senate Appropriations Commit-centrated effori can procure. speed,
sense un Hospitality
this Chief Sir Erie Crank-
the tide of show-austere
Ink-stained tee today demanded a report on and offices transformed by
bright whether Britain is using Ameri- ful fortresses against
ceremony, Princess chintzes, thick carpets, deep arm-
can Recovery dollars to aid sloth, ignorance and materialism."
on a sightseeing chairs and art reproductions.
Arabs in their war against Jews Elizabeth went
tour
of four other colleges and saw A stal of 35, with a former West
in Palestine. End hoteller in charge, will take
a performance of "Musque of Hope" which, In accordance with tradition, care of the guests and the kitchens
had been specially written for her. will be able to provide world-wide
Amonk
the many members varieties of food.
ruyalty and commoners who
King received the honorary degree in the past are Queen Wilhelmina, Hankon of Norway, General Dwight Elsenhower, Admiral Stark, General Carl Spaatz and General Mark Clark.United Press
The Government has opened its "hospitality Hotels" because private hotel accommodation, already overs stmined, could not have coped wi the melditional demands of Olympic Games visitors.
The Economic Co-operation Ad- Hoffman. ministrator (ECA), Paul wits asked to make a report as soon as possible and he promised to do so.
a witness be Mr Hoffman was fore the committee which is con-
com sidering appropriations for ERP.
to The question of British ald first
the raised in Arabs Senate on May 21 by Senator Owen ac-Brewster, Republican, Maine.
wanted to know how such aid is re- lated to the ECA programme Ananced by the United States.
They are to operate for one year: ten a decision on their future will Europe Including be taken in the light of the
commodation position at that time. caught-Reuter,
Whitehall has thus got between two fires. To India it has to defend Britain against excessive drawings-remembering that draw- ings which would be regarded as X- cessive here might be regarded as India. To quite Inadequate in crities in Washington and Britam it! has to defend India's right to get any drawings at all.
Certainly Whitehall
has been
putting up a remarkably good case for India, so good that the Indian negotiations. when and Pakistan
arrive, will find much of their brief ready-made for them by the
uther side.
This agreement on fundamentals will narrow the area of dispute which will require negotiation, and may unrealistle thon it is less
the Blace
Anglo- Bound.
Ever American loan agreement laid down its scheme for settling the sterling Included scaling balances which down has appeared that Britain and Indla had a certain cause against Washington as well us an area of dispute between them- selves.
common
Whe
Mr Homun indicated that the ECA will adopt a tough polley to ward Argentina on prices of food and goods it wants to sell under the
CLOTHES RATIONING plan
RELIEF
Tondon, May 25-Mr Harold Wilson, President of the Board of Trade, kald today that I was the Government's ambition to allow an increase in the size of British newspapers "as early as possible" certainly in 1949 that could be done without a sacrifce of food and raw materials and a further dralu on gold and dollars. The present "ize of newspapers is four pages.
Mr Wilson sald the Government's alm was a paper of four pages one day and a six-page
He sakt that no arrangements will be made for paying for supplies from Argentina until price agreements are renched with the Argentine Govern ment--Associated Press.
on
Death Of Famed "Q" Ship Capt.
London..
May
25.-Commodore
of
have
BAO DAI GOING
TO LONDON Saigon, May 25. Bao Dai, cx- Emperor of Annam, will leave here for London by plane on June 5, 80- cording to a member of the Em-
peror's stoff.
We will also visit Geneva and, if invited by the French Government, Paris.
Before leaving, he will see M. Emile Bollaer, French High Com-
in missioner
Indo-China, General Nguyen Xuyan, of South Viet Nam-Reuter,
and Premier
Only Half What Is Needed Available Sir Charles George Matheson, World War I "mystery ship" commander
Washington, May 25.--Rice to sink a German and last man
only U-boat in that war, died in London porls during 1948 will meet
He was 72.
just half of the needs of rice-con- Monday
ship,
"Q19", suming countries. It was disclosed Matheson's
the roamed the sen Innes disguised as today when recommendations made False by the International Emergency a rusty old tramp steamer. Mr Wilson said it was clear that sides dropped away and disclosed Food Committee of the Council of Year supplies of newsprint the British Navy's white ensign and the Food and Agricultural Organl- from 4 roures should enable then battery of heavy, guns to invessation showed 3,100,000 metric tons
of rice were available, for export, wwwsunt rate consumption gating enemy warships.
of have thura to be fully covered, even if
Import Sir George was Commodore of
requirements of rice- beer-emphasisku perhaps morn increase proved. impossible the. Orient. Line until 1938 when he
consuning areas, as reported to the after 50 years af sé TEFC. fotalled 0,110,100 tons for relired RATIONING CONCESSION
1948-Reuter, Associated Press.
BANKER AND TRUSTEE Igh British officials
than ever
of
frankly that.
Bank the
before, England's
pold and dollar reserves are the re-
serves of the whole
awr the next.
Mr Wilson also announced conces- sterling area, stons in the severe clothing rationing
for whom Britain acts as banker and apolled in Britain for the last seven trustee, and not the reserves Britain, Alone.
of years.
women's
Everyone is to be given a speclat ! up by the bonus of 12 additional clothing cou- They have been bullt
Ties, gloves, and gold and stollar carnings of the en-pons. tire sterling area. Thus the British rayon seamless stockings will no Treasury itself has pointed out that longer be rationed, and there will be while critics In Washington and permanent cuts in the number
clothes- Britain complain at the drawings on coupons needed for some
them
ling
spent by one member of the sterling
compinin at the large
of
some
by other members of the ster-including women's half-lined wool-
equally len coats and men's underclothes. area, the Intter could
that He also proportion
announced nounced curtain fabrics will in future be and large bedsheels free of rationing and will require fewer coupons.
position He declared the supply
aren alone, numely Britain.
Of the gold and dollar drain of $1.023 million in 1947, £677 million was identifiably
for
account
of did not justify complete abolition of
Britain alone, and some part of the clothes rationing-Reuter.
remainder was unklentinably so.
The Economic Secretary to the British Treasury has frankly ad- mitted that India and the other members of the sterling area would
be entitled to usk whether this is
far from their viewpoint.
TOPICAL CAUSE
Besides the Treasury's genemli
new-found
TroubleSpreads In Finland
Felsinki, May 25-Disorder desire to enlighten Washington. this spread in Finland today when the coalition frankness may have a Communist and Socialist more topical cause. There is strong of the People's Democrat Party put that in the Inst strike pressure on the Government renson to believe couple of months the drain on ne- to force the appointment of a left- count of overseas sterling countries wing Minister of Interior.
The crisis, which arose from the has fallen, but that this has been at least partly offset by a bigger drain dismissal of the Communist Minis
ler of Interior Yrjoe Leino for
for Britain's own sharply increased legal deportations, was complicated deffcit of visible trade..
tonight by a statement from
M.
It has been offelally stated that Leino's successor M. Eino Kilpl the outflow of gold and dollars on that he would not remain in the acequnt of other parts of the sterling post.
orea has been "very much lower" Simultaneously, M. Kilpi's party In the last two months than in the Social Democrats-announced January and February,
the that he has lost his membership
to limit this drain tool
measures time to mature.
Results which Britains hoped to en
herause he was standing as a can-
te for the Communist-Socialist People's Democrats in the general elections next Juty.
Party,
In January and February appeared,
In April. But simultaneously, The People's Democrat In fact, Britain's own visible deficit in March which yesterday named an "Action than in Committee" to ensure continued and April was for bigger
the and. far left-wing representation In January and February
Government, only partly succeeded bigger than Whitehall expected.
In loday in its efforts to call a general Since the relevant figures aro future to be published only quarter rike. ly, one will not know until July how these conflicting forces have affected the aggregate drain.
In parts of Helsinki, Communist loud- equipped with materears sneakers patroller! working-class "the Government But meanwhile, until, Britain's listrict, shouting own exterial unbalance can be rec is a pack of Fascist conspirators."
development naturally-Reuter. tined, this makes Whitehall sensitive and rather
anxious-Reuter
MUST HAVE MANIFESTS
martial Perth, May 25-With "STATE HOTEL”, GUESTS. London, May 23-Members of law in Egypt, all ships passing the Indian and Pakistan delegas through the Buez Canal must now tions to the Sterling Balance talks carry complete.manifests of cargoes, in London will be the first guests it was learned here today.-Reuter.
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