Monetary Fund To Study Hongkong's Flight Capital
By MORRIS J. HARRIS
Washington, Sept. 28.-Hongkong's financial affairs, it is understood, may receive the attention of the International Monetary Fund, now holding its third annual meeting here. It is possible that con- versations will be undertaken with British financiers' attending the meeting here.
Youth On
Indecency Charges
the
It is learned that the Fund is scoking additional Information on how Chinese capital is enter- ing and leaving Hongkong.
Chinn's new currency reform also may soon receive attention from the Fuid, I was authoritatively learn- ed today.
for
The global organisation strengthening the world's currencies is considering sending a mission to China to study the new gold yuan system, the objective being to offer Nanking in suggestions to assist
If they
ex-
its are
China's currency problems are among the various world currency wed financial matters due to come before the Fund informally during the present meeting. The first move in this direction concerning China*s Beurrency cume to:lay when the Chinese Finance Minister, Mr Wank Yun-wu, and Ambassador Welling- on Koo conferred with Under- Secretary of State Robert Lovett.
A sordid story was unfolded
solving its monetary problems, by Mr W. A. Blair-Kerr (Assis-
It was emphasised by authorita- tant Crown Solicitor) before Mr tive sources close to the Fund that Justice Gould and a jury at the the Fund is not planning to extend Criminal Sessions this morning nancial backing to the new Chinese
currency, but is willing to when Tanng Hing-chau, a-young tend to China the benefit of
two technical resources, was arraigned on Man, charges of carnal knowledge of desired." girls under the age of 13, and two counts of indecent assault. und a Tsang denied all counts Jury comprising three men and, four women was empanelled.
that Mr Bialr-Kerr sald offences alleged occurred at No. 70 First Street, first floor, where, both girls, one nged 12 and the other aged seven, lived with their respective mothers. The elder girl resided in the front cubicle, but during the hot weather had been allowed by her mother to sleep with the cured, her cousin, who occupied a bed space in the passage way.
During the early hours of May 1, the elder
to and the giri awoke accuse] here? | p Interfering with her. She fell considerable palu, but ald not report the Incident to her mother.
four
About
ac-
weeks Inter, on May 30, the younger girl, who lived in the cochloft, went to the kitchen
during the night, and on her return, passed by the nected's bed.
EXCHANGE OF VIEWS
חן!
meeting
Mr Wang told reporters after the
that "there whs exchange of views On China's
Currency reform."
While declining to give details of the talk, he expressed optimism on the outlook for the new gold yun, saying:
The Chinese pubile's response to the Nanking Government's currency reform Itas been
thun expreted"
Diore
he is conferring Mr Wand said with US Treasury Secretary John Snyder on Wednesday.
The International Fund also may matertake informal diretson Con Philopine gold during the present Beeting.
THE HONGKONG TELEGRAPH, WEDNESDAY, SEPTEMBER 29, 1948.
United Nations Secretary-General, Dr Trygve Lie (left) shown at his desk in the Palais Chaillot, Paris, present headquarters of the United Nations during its vital discussions on a variety of international affairs, Including the Russlan blockade of Berlin and the Western powers' dispute with the Soviet. With Dr Lie is Mr Andrew Cordier, assistant Secretary-General. The Eiffel Tower is visible in the background,
AP Picture.
Chinese Reds Maintain Worldwide Spy
Nanking, Sept. 29.-The
Chinese
Ring
Communista
have built up a highly efficient world wide intelligence 'and propaganda machine to supplement their pre- sent armed attempt to overthrow Chiang Kai-shek'a Kuomintang regime.
has
They are also employing this Intelligence sources herp said stationed machine among Asiatic races to that Chou En-la: imitate Russia's ideological exeuntries to direct the task of ideo- eight representatives in foreign pansion in Eastern Europe.
logical expansion.
'These reports
The main branches of the or- anisallon were said to be in New York and Hongkong.
The New York organisation was described as established
in May 1942 by Hu Ke with the co-opera- tion of another Chinese leftist, Chi Fang. who is a liaison official in the United States for the Chinese Farmers and Labourers Democratic Party.
FLOURISHING
BUSINESS IN
BAD PORK
A flourishing business In tainted pork was disclosed at Kowloon Court this morning before Mr Wicks when four men-Chan Wing-tut,
Chan Leung, Li Hon, alias Wa Thui, Mak Chl, ullas Mak SI, and Li Ming-were charged with slaughtering a pig in unlicensed premises and without permis- sion from the Urban Council, possession of a pig in un un- wholesome state and possession of unstumped pork.
Inspector Morrison revealed that' the Police had to break down the back door of 85 Tung Choi Street at 2.40 a.m. un Sunday. The yard was nited for slaughtering piga and the first,
second and third defendants were in the act of dressing a car. CASS
The fourth defendant was or- rested in an adjoining cubicle. Books found showed that the business was nn organised concern and this month 74 pigs were bought, slaughtered and sold to street hawkers who ex- posed the pork for sale near market places.
The supply of pigs was obtained from the Yaumati Railway Station and the Mataukok wharf and they They were either dead or sick. were purchased from pig dealers prior to Inspection by health offl-
cers
A report from the Matzukok
Slaughter House disclosed that the carcass found by the Police at Tung Chol Street was in the early stages of decomposition.
The defendants were cnch fined $500 or six months and all the equip. ment connected with the slaughtering of the animals was confiscated.
The second defendant bad previous conviction for possession of. unwholesome meat.
PENICILLIN IN QUANTITY
Pasadena, California, Sept. 28. Mrs Lorenza Amusategul O'Malley, who snuggled supplies to war pri- soners in the Philippines, is re- ceiving what doctors believe is record concentrated dosage of pent- cillin.
Chinere Intelligence reports say called to her and said he had some-
that the muster mind directing the thing to tell her. When she went
machine is Chou En-tai,
No. 2
In McCormack General Hospital up to him, he put her on his bot
Chinese Red who was the chief
with a heart ailment, Mrs O'Malley and he allegedly interfered with
It is understood the Fun Is cut Communist
In the
is being given 20,000,000 units a day representative her. The child also did not report cerard about the price of Philip Marshall mediation days. He pilots
for 21 days. The old record for what had happened to her mother.
pine gold, which is above the U.S.
his position The programme
as
concentrated dosage was believed NO ACTION BY MOTHERS official price of US$35 an. oumers,
Minister of Overseas Activities of
to have been set at Bethel Hospital, Later in the day, however, the The nature of
of the Funvi's approach [the Ca Communist Politburo.
Chinese
Brooklyn, where a patient received mother hod. cause to become to this subject was not learned.
that the Chinese
450,000,000 units in two months.
Mrs O'Malley member international machine
ivas Siam's applleation for
recently suspicious and she questioned her
is charged sinughter, who then told what had ship in the World Bank and Fund, with the triple work of collecting in-
awarded the Medal of Freedom with It appears,
Bronze Palm for her work with the will receive the early telligence regarding foreign powers.
In the underground
Philippines. mother approached accusert and jattention of Vie institution's gover-
The New York organisation, ac- She feigned insanlly to obtain her planting Communism and instigating asked him to explain his behaviour, nors, with indications that it
local revolts among natives in the cording to intelligence reports, is and in reply, he gave a most signi-likely to be approved-Associated southeast, and making efforts to engaged In agitation against release from Japanese imprisonmem. Reant answer, declared the Pro-Press.
American aid to
-United Press. 2. sup- alienate overseas Chinese from theng Mr Henry A. Wallace's Third
3. collecting Party
statisties on American production; 4. watching
occurred during the night. The
secutur.
When the 12-year-old girl heard
that the younger girl had informed her mother. she also told her mother what had happened to her. The two mothers discussed the matter, but strangely enough, did nothing about it. It was left to the younger girl to call a police- man the following day.
Unusual Case Of Fraud
An unusual case of fraud WAS
The two children were taken to heard before Mr Hin-shing Lo at
Nanking Government.
Cripps Terms ERP Key
Queen Mary Hospital where theyCentral this morning, when a To Victory
were examined. On June 1, the accused was arrested and Inter charged.
23-
----
year-oldi clerk Leung Sal-kwong employed by the moter transport Washington. Sept. 29-Sir lepartment
of the
Royal
China;
closely the American people's at COUNTERFEIT U.S.
tude toward China's civil war 5. collecting Information on Canadian aid to China; 6. collecting Intelll- gence on all other politieni, military, economic and diplomatic matters.
GREENBACKS
Shanghai, Sept. 29.-More than $10,000 worth of counterfeit United The principal machinery of Com- States dollar neles were received munat overseas! -organisations........in |-by-the- Centrál - Bank-in the past. Southeast Asla is at Hongkong. | few days from people surrendering But that part of oversens Com foreign currency holdings, it was
Naval Stafford Cripps on Tuesday munist activities considered to be of learned today."
greatest significance to the Nanking Most of the forged greenbacks Dockyard was charged with obtermed the European Recovery Government comes
from
cording to bank officials.
Giving evidence, the 12-year-old girl, whose head barely showed
from
and $50 were $20
denominations above the witness box, recounted
taining $172.28 by foise prelences.
Intelligence reports said Defendant
but they were easily detectable as the details of what occurred be-
wus alleged to have Programme the key to victory China.
that the Chinese Communist, Wu counterfeits on close scrutiny, ac- obtained the amount which was in "a great moral struggle." tween the accused and herself on the early morning of May 1.
Britain's Chancellor of the Ex- Jen-liang, is organising an payment for his full pay sick leave
The force with the co-operation of armed States
notes bear од United said the
the upper Cross-examined by the accused, for the period of August 12 10 31, chequer
not sick and fashioned the key, but he asserted ultimate aim of staging armed raids beginning with "L 12" and down Chinese fellow travellers with the left-hand corner a serial number she denied making up story when in fact he was against him, and explained she did went to work for the Caltex Petro-
"material requirements" alone can-
Yunnan and Kwangsi pro- on the left-hand side the digit "DJ not know at the time that what leum Company in Tsun Wan. not "bring about the regeneration of into
vinces-United Press.
21."-Reuter. had occurred, was such # serious Det. Sub-Insp. G. Willerton said the strength of Western European matter.
defendant was
granted six days' Democracy. The
girl was leave with pay on August 6. and seven-year-old! given a chair to stand on when she at the end of his leave, he falled to
which to live, we cannot live gave evidence.
turn up and kent in a medical bread alone," Sir Stafford raid in chit instead. As a result he was a speech prepared for the National granted another leave with pay from Press Club, August 12 to 31.
The trial is proceeding.
Had Too Many
Gold Yuan
rc-
"Though we need bread Ироп by
of our
"Our future hopes lie in the moral FEARED HE'D LOSE JOB
strength
and spiritual On September 17, defendant col- courage which will be born out of
Enquiries
continued devotion the lected the money. veald that he had been working peoples to the cause of freedom.
Petrolium with the Caltex
Com-encouraged as it has been and will pany drawing a monthly salary of be by their mutual co-operation."
Despite its own economic troubles, The rst ense of its kind since
Defendant pleaded guilty saying Sir Stafford said, Britain has in- the newly Imposed regulations that he would make good his creased its production to
point restricting the movement of gold restitution of $172.26 to the Dock-where it is able to lend still greater
before Mr Wicks at yard authorities.
help to the other nations
Arrested at Kai Tak, Cheung Ko-probation at the Dockyard at the plan.
yuan
Came
res-
$300.
years ago.
П
on the
of
Hungary's Sabotage Charge Against U.S.
Budapest, Sept. 28.-The Hungarian Government today issued a 61-pago "gray book" detailing its charges that the United States sponsored sabotage of Hungarian oil production to prevent the Russians from getting the oil.
The oficial spokesman also point-
mann's confession included a state-
he received instructions from Stan-
necessary
LEE THEATRE
"ADVANCE BOOKING
TICKETS OBTAINABLE AT
CHINA TRAVEL SERVICE
6, Queen's Road Central, Ground Floor
DAILY-
BOOKING HOURS:
11.00 A.M. TO 5.30 P.M,
INCLUDING SUNDAYS & HOLIDAYS
SHOWING TO-DAY AT 2.30, 5.00 7.15 & 9.30 P.M.
A PEAK FILM PRODUCTION
"UNDER TEN THOUSAND ROOFS"
DIALOGUE IN MANDARIN
不哭侵活在
pt is
TAKE
橚兑尺整
火燈家萬
**
-ARJATUSL
CENTRAL
270, QUEEN'S ROAD CENTRAL.
COLUMBIA
PICTURES
presents.
PHONE 25720
DAILY AT 2.30, 5.15, 7.30 & 9.30 P.M.
WHICH OF THE MEN
SHE LOVES IS A
The DEVIL'S MASK
AHITA
JIM
+
KILLER?
Based
16
Upen
Origina!
Radle
Fropram
"I LOVE A MYSTERY” MICHAEL
МОНА
LOUISE BANNON DUANE · BARRIE
+
Screenplay by Charles O'No? • Fraéven by WALLACE McDONALD Dünené by HENRY LEVER
SHOWING
TO-DAY
|AT 2.30, 5.20.
MAJESTIC 7.20 & 9.20 p.m.
UNIVERSAL-INTERNATIONAL
JOAN FONTAINE
PATRIC KNOWLES HERBERT MARSHALL RICHARD NEY
LARGE OPIUM
Thomas
The book, printed in Hun- Kowloon Court this morning "Defendant sald he was only on continent banded under the Moraholl garian and English editions, et out that the photostat of Ruede- DEN RAIDED
included photostats of hand slu, a new arrival from Shanghai, time, and he look an examination on PRODUCTION & EXPORTS written confessions by Paul meat that, towards the end of 1945, was charged with Importing GYIGOR to of the petroleum company. For example, he said, production Ruedemann and George Bannen- dard Oil cfcials in New York to In excers of the GY20 allowed by After he passed the examination
One of the largest oplum divans in the regulations,
A was afraid that he might lose in the Brat half of this year was 2 tine, American President and reduce production and refuse to the Central district was raided by
percent more than in 1930, Jast
up new olinelis. Revenue Inspector D. Knox stated the position because he had to give normal prewar year. Machinery ex- Vice-President respectively of P
Inspectors F. Simpson and E. L. that the previous regulation
"They
พลล also told me this a month's notice to the Dockyard,
at No. 11, Kwong YuSTI ports are four times those 10 the Hungarian-American Oil tricting the Importation of CNC up so he did this Instead.
in case of a Street West, on Tuesday evening and to five million had been amended to
Company, who were expelled coming third World War Hungary resulted in the arrest of 26 ́smokers Taking in consideration that he
In the face of a fuel shortage, Sir from 20 gold
the country on Sunday would fight against the United and the keeper of the divan, When yuan.
arrested had lost his job at both places, and
Stafford said, Britain plans to re-
not desirable accused had 180 gold yuan, twenty was willing to pay back the money of which was handed back to him to the Dockyard, defendant
plan nations at a rate of 8,000,000 Hungarian police.
The keeper, Yung Pul, 40, states, which belonged to the Soviet, tons yearly. Oil supplies also have
A Government spokesman, pre-sphere of interest, should possess sentenced to nine months hard been made available though, he said,, senting the document to foreign oll." Ruedemann was quoted
Jabour by Mr d'Almada at Central It will epst the United Kingdom
smoldtra press saying correspondents at a special
this morning, while the were each Aned $100 or one month's $100,000,000 this year, besides hall-
conference, said Hungary had been
CONSUL NAMED
hord labour, ing private motoring there.
forced to publish full details of the case because it had received much publicity abroad."
ns he was entitled to have it.
Mr Knox added that in all such
cases confiscation of the excess 'cur-
rency was asked for.
The Magistrate
cautioned
accused and
confiscated the
the 160
gold yuan.
The defendant stated that he did uot know the regulations.
Higher British
cautioned.
WOX
Armed Raiders
At Tai-O
that two
Reports in the Press wounded raiders had been rescued
sumo coal exports to the Marshall after a week's detention by the States and it was
that the Southeastern European
In addition, he said the British Government has allotted $2,000,000,- 900 since the end of the war in loans and grants to the ERP nations,
HISTORIC IMPORT
ng
SAM WOOD'S
„PRODUCTION OF
IVY
STAR
Phone 50335
17 Hankow Road, Kowloon
TO-DAY ONLY ----
st
2.30, 5.10. 7.20 & 9.30 p.m.
TERRORI VIOLENCE! SINE
WON
at the cross-
Another mad, Leung Ting1, 4B, was given a similar sentence for keeping an opium divan at No. 18 Chung Sau Street West,'
The document also charged that American consular officials had helped Gyula Abzinger, Hungarian Nino pipes, 10 lamps and 185 He said: "It is very unusual
that the Government should arrest recompany official, "with a Fascist pots of prepared oplum seized were
paci" to escape from. Hungary be- ordered to be confiscated, foreign company fore arrest. presentatives of a Sir Stafford sald the establishment which has large interests in its Bonnentine's photostat confession by their comrades after the gun of the European counterpart of the country, but it is just as unusual said: "I declare that Paul Ruede-
of such a company mann and I had previous know battle at Shek-tat-wel village, near Economic Co-operation Administra- that officials Tai-0, on Tuesday afternoon were
tion is of historic import.
violate the law and attempt to ledge of the flight of Gyula The future of incorrect, said an official at Police
the world and damage the economy of the country Abzinger......his fight with 8,000 Headquarters this morning.
nothing less is at stake in this first in which they have contracts." forints. I sent them to Mrs Gyula London, Sept. 29. The Ministry The band of robbers numbered away at International control of one
Abzinger, who worked at the SIGNED CONFESSIONS of Furl and Power reported last seven, ho declared. One man was another's economic affairs by 10
American Consulate, through Mr night that Britain's coul output last killed by the villagers, another was widely different governments," A signed confession by one of the Reynolds, the U.S. Vice-Consul." week was 4,123,000 long tons, 80,000 | honded over to the Police, and two By concentrating "our Juint arrested Hungarian officials
In Vienna, was
Ruedemann sald that and Bannentine had signed the
BS the "last hope"
of
Coal Output
'
tons above the week before and the more wore identified later on the cheryles," he said, the dentocrafie quoted as ́stating that members of documents highest since the 4,133,200 tons of Tri-O ferry and arrested full-scale "ultimate ven it for distant-almcial missions which visited Hungary getting out of the country. He said
(peoples: can surge towards on the American military and commer
i
A batch of 22 smokers arrested were each Aned $100 or one month, while 88 pots of opium, 12 oplum pipes and 15 lamps were ordered to be forfelted,
the week ending July:ā, ja
The ofelul added that
Tse Tum, 20, was sentenced to six Output for the first 38 weeks of operations were now in progress at of a stable peace in a world united in 1845 had instructed him to stop they "wero, givan: every reason to months' hard labour for keeping an this year, totala - 150,465,000 tons, | Tai-O and Cheung Chan, In an by Jis common. humanity and, no production"""because in 1945 all oil belleve", that they would be tried opium divan at No.. 91 -Wellington - against 140 784,800: tons in the same. oftempt to coplure the remaining longer divided by soparate deliveries were being made to Soviet by the Communist :: People's Court Street Four smokers, were each
period of 1947, *Associated Press; [three robbers,
sovereignties."---Associated Press. loccupation unliste AS
and sent to prison.--United Press. fined $75 or 20 days' hard labour; “!
roads of a
artion!
BARDOLPHE SCOTT
ROBERT KEAT
ALNE AUTREYS
COURSE "GAY HAYES
| Madge MZEE DYTM • Siva BRODIE • SAY HOUSE TO-MORROW
"TILL THE END OF STIMEN
A
Starring Dorothy McGuire.
Guy Madison
Page 5Page 6