THE HONGKONG TELEGRAPH, THURSDAY, MARCH 10, 1949.
QUEEN'S & ALHAMBRA
TO-DAY
THE 10th BIG DAY! Part 1 at 2.30 & 7.15
Part
II at 5:00 & 9.30
THE GREATEST OF THE GREAT!
A METRO-COLDWYN-MAYER
MASTERPIECE. HELKAJE -
DAYTO EL SEŁZNIČKE petnešom ot MARGARET MITCHELL'S Tary at the Chi Soun
TECHNICOLOR
"GONE WITH THE WIND"
CLARK GABLE VIVIEN LEIGH
OLIVIA
HOWARD de HAVILLAND
EVERYBODY
'WANTS TO SEE
GONE
WITH THE WINDI
TECHNICOLOR
NEXT CHANGE ℗
CLARK GABLE LANATURNER ANNE BAXTER JOHN HODIAK
the
GREAT MG-M DRAMA
The styles
twy of a
HOMECOMING
LEE THEATRE
ADVANCE BOOKING OFFICK CHINA TRAVEL SERVICE & QUEEN'S ROC.
BOOKING HOURS. 11.00 km in 530 pau
Commencing To-day At 2.30, 5.15, 7.15 & 9.20 P.M.
"AN INTELLIGENT THRILLER APPEALING TO THE WIDE RANGE OF
CONSTELLATION FILMS" (T3
VALERIE HOBSON
PATRONS"
Daily Film Renter
JAMES DONALD HAROLD KEEL
THE SMALL VOICE
Pradoval by ANTIGNY KAVTEGSK ALLAN
DE FERGUS NG DOWILL
ALSO: THIS MODERN AGE
"TO-MORRÓW BY
AIR"
RIENTAL
ZAIR CURUMIONED
HELD OVER FOR ANOTHER DAY ONLY Positively last 4 timos: 2.30—5.15—7.20 & 9.20 p.m. A vary. Interesting Chinose film in Mandarin dialogue
"OUR HUSBAND"
LI LI-HWA SEN CHING-LU
Sher
YOU NEED US NEED YOUR NOTE
IN
FOR 239
BAR
Now tall the boys if they'll come out and listen to me for a few moments maybe I won't interfere with their country sports-until after the oloction."
I BELIEVE IN PROFITS -NOT IN THEORIES
D
OES the American trade unionist want to abolish the free enter prise system?
No, he does not. He wants to make it work better, so
as to give him more wages, more goods, and higher standard of living.
James B. Carey is the secretary- treasurer of the Congress of Industrial Organisations--the American Trado Union Congress to which six and a quarter million workers are affiliated. He recently visited London,
In this interview with Charles Curran, Mr Carey repudiates Socialism as a policy for the American worker.
JAMES B. CAREY
We like to see on industry making
profits."
BYPASSING THE
CONTROLS
By Michael Goldsmith
TF you want to evade the local Currency ot the black currency laws in Britain, market rate in Britain, Ger- Germany
or Austria, you any, Austria or other European only have to answer one of currency,
B country with
controlled countless advertisements dealer merely acts as the'.
The currently appearing in Swiss middleman. His agent buys restricted Pounds, for example, newspapers.
There are no currency from wealthy Englishmen in
who want to England restrictions in Switzerland, more than the officially su
apend Anybody can buy or sell any thorised £35 for their holidays amount of Swiss or foreign in
in Switzerland. The dealer dia- currency at any Swiss bank, creetly pays the Englishman the The rate of exchange is that Swiss francs when they arrive black market equivalent in of the "free" money market. for their holiday.
In countries where cur- Conversely, a Swiss travelling rency restrictions are in to England wants to buy m force, that rate is known as Saville Row ault. but is reluc- his the "black" market rate, tant to pay 17 franca for
pounds in England when they and any such transaction is can be had for. 10. He contacts usually punishable by heavy the dealer, poy's in Swiss fines and prison sentences. franes in Switzerland, and
black market rate
from
HEAVILY ENGAGED
Dic
But in Switzerland it is receives a remittance at the perfectly legal. with the re- denler's agent in Britain. sult that the Swiss banking system has become a clear- ing centre for vast amounts The old-established Swies of controlled foreign cur banks carefully refrain from rencies circulating at the such transactions, but a multi- "free" or "black" rate.
lude of smalt private bankers and money dealers are heavily For example, an English
engaged in evading foreign Found note, ofcially worth 17 Swiss francs, can be openly currency laws.
To
contact bought over the counter of any
make
with Swiss bank for Iile more than prospective clients, the dealers 10 francs. The West German have recently begun to ad-
on
for
mark, offcially worth 30 U.S. vertise openly in Swigs new5- cents, or 1.28 Swiss francs, can papers. Oite of the country's be bought for less than ave mesi respectable and widely- U.S. cents.
read papers recently carried an The only difficulty involved travelling to England? We sell
advertisement
asking "Are you In buying large amounts of foreign currency at the "free" sunil or large amounts of rato is that all nations with Sterling, clearing-tree, payment currency problems protect their in London." Prospective clients exchange rates by setting severe were asked to write to a box pennllies
to number in Zurich. attempts smuggle in banknotes from On the sume day, the same abroad. Any attempt, for exam paper carried three similar ple, to Import more than £5 advertisements for payments of Into Britain or 10 German German marks in Germany and marks into Germany is heavily one Austrian schillings. punished.
Advertisements offering French francs, Italian Ure, and other. CONSIDERABLE PROFIT restricted currencies are becom-
ing common. Many Swiss money dealers,. If Swiss papers are read by who derive a considerable pro- foreign
police departments. fit from the free money market, these advertisements might oc- have now hit on a simple way casionally be followed up abroad, to overcome this difcully. For and the Swiss dealers' agents small commission, they sell caught red-handed and arrested. Do you think that the foreign currency which is al- But
such
Is police action With all its defects the
American trade unionist needs ready in the foreign country probably rare, because the ad- American system has given
is something to be done only British Socialist party?
Nationalisation, in our view, a party of his own, like the where it can be used. No hid- vertisements continue to appear
den bundles of notes have to be and A monopoly is a conspiracy if an Industry makes it neces- the worker a far higher
the dealers and carried across frontiers and no agents are presumably still in standard of living than any against the consumer. We trade sary.
Not at the present time. At risk of discovery by customs business. Socialist
unichists are consumers just an Communist
the Presidential elections. last officials, is involved. o!
In Berne arch
Foreign legations as producers. As cou- State can show.
We do not believe that publie November the CIO : refused to You pay the dealer Swiss say they know of the advertise- sumers we want to get all the ownership is necessarily and in live anything to do with Henry francs or dollars or other hard ments but can take no action, beneflis of mass production and all factory efficiency.
clrcumstances better
Wallace and his Third than
Party
and because it is all legal in Swit- free enterprise. We Judge by which claimed to be the party the dealer's agent pays currency in Switzerland,
you zerland.—Associated Press. results not by theories.
There are a good many things wrong with the free enterprise system. But the American trade unionist be- lieves that you can put those things right without smash- ing up the system for the sake of a theory.
It can lift that standard higher still; and it will, too. This may not be true in other capitalistic countries, but I am speaking only of the United States.
Does the American trade unionist attack the profit
motive?
Secondly, we are opposed to should go into an industry only highest in the world, no doubt, rot-making out of rearcity. when the people running that but we are far from satisfied We are in favour of free enter- Industry are prise so long as it is really tree: job properly-that is, they are rising.
not doing their with it. We want it to go on but it must not be allowed to not producing as much as they be ruinously competitive so as could because they woat to to permit no profit to owner keep up prices. end worker alike, or to become a monopoly.
goos
of the workers. (Actually it was ihe party of the Com- munists and their dupcs.) The CIO supported Truman and the Democrats.
C.V.R. THOMPSON REPORTS
The American Scene
are abundance and low prices. Chief among those benents We see America 63. a country Are there any industries in that can produce more more quickly, more abundantly the United States that need and more cheaply than any to be nationalised? other. We want it to produce There is the house-building still more goods, still more industry. I do not say that it quickly, still more abundantly needs to be nationalised; but it and still more cheaply.
certainly needs (and, hope, shortly going get) a good practically en bloe, the Folder A ventriloquist's dummy Mr Adam and Mrs. Eve.
No, he does not. We have no objection at all to reason- uble profit-making as such, It must be broken up. If the but we also believe the worker should reap a pront
on his efforts.
We like to see an industry making profits (but it must not gouge the public): for then we can demand higher wages for the workers in that industry.
existing law does not allow it to be broken up, then pasa new law that does. Better sül, le us have legislation to pre- vent organisation of monopolles.
There is no room for mone-
Poly in American Industry any more than for restrictive practices.
in favour
Are you Nationalisation?
of
Then there is the American steel industry. We have pleaded with that industry to meet its
Why did you support Truman?
Because Truman adopted,
advocating.
CIO has long been
their
bathing at Chicago's lakeside- beaches, a nudists' convention this summer to pick America's:
NEW YORK. clergyman who takes a What should be done with deal of Government assistance. that the a monopoly?.
into the pulpit with him to Our building industry-ls-bno. of the outstanding failures of
give his sermona moro CONGRESS was startled_with_:
answer mado by American free enterprise. It
What was that policy? "audience appeal" has start- Averell Harriman, the Marshall has not come anywhere near to
Put very shortly, It was aed a religious argument. plan's roving ambassador, to a: meeting the need for houses. policy of social security; pries
request to identify himself. Since the industry hos failed control where necessary to The issue: How far should Answered Harriman, “U.S.S.R.” to perform. the Government top inflation: action to keep the Church go in its campaign Asked Л Senator: "Please must act.
the American standard of living to entice people to services? clarify." Unsmilingly, Harriman· on a level with America's pro-
sald; "United States Special ductive capacity.
The Rev. Willis Miller, 28- Representative." year-old pastor of
a non-de- nominational church in Lynn, DHILOSOPHER Walter Pit- Massachusetts calls his dummy kin, who reconciled a whole- his assistoné pastor,
generation of Americans to en- Dressed in clerical robes, joying their middle age with a "Lito Begins at Victor, as he is called, Interrups hook called Mr. Miller in the middle of his Forty," is 71. He did not cele
brate his birthday. He sold. scrimon.
Sometimes he asks a glumiy: "Every day, is the same serious question, or makes a to me."
observation profound something the pastor has PHRASES Americans are -us-
ing sald. Sometimes he makes o
to describe the price- wisecracking 'com- alump: Recession, readjustment, quip or
deflationary movement, ment. Mr Miller, who used to be a platenu, the great levelling-off. an- The barred word is depression. Do you believe that business instruments of the ruling dicta-professional ventriloquist, Why, there are trade
hus rights as well as Jabour? tors, to be
swered critles who accuse him used to keep the of going too far, thus:
DUT NONE of these words is. unions in the United States
Tho British trade unions, in
Certainly so long as those workers in order.
IS "The dummy makes the con.
used in the fabulous State- that have even lent money y judgment, have been forced rights are not exercised anti-
to turn to nationalisation.
pay moro gregation
attention of Texas. Glenn McCarthy, an We socially. The CIO belleves, to a capitalist in difficulties have H stroller localised and with
There is no right to strike to my sermons and helps chil oil millionaire, is opening what President Roosevelt, so as to keep him in busi- Isolated situation in the United "the
in Husala, any more than there dren, particularly, to remem- he claims right of every business ness-und supplied him States, mainly
in the public man, large and small, to trade was in Hitler's Germany. Theber what they hear in church." largest hotel utility feld, "but not one big in an show him how to run his in nationalisation plant more efficiently. · thing in itself.
productive responsibilities. Now Do you think that Com- President Truman has warned munium has anything to offer it that if It does not produce to the American worker? steel in sufficient quantities the
Yes, the misery, breakdown Government probably will have and chaps that follow from to take a hand.
standstill reaction of
any sort. Communisin means a totall- Hitler's Germany, and as they torian State-like they had in
now have in Stalin's Russia.
In Russia today they have à
State, ⚫ one-party
where trade unions
tho are simply
We fight for big wages, for our full share
If you mean am I in favour of the
of nationalisation because at profits that we help to some theory about it, then the make.
That does not mean that wo is no. Nationalisation has arisen out of the failure of propose to nationalise steel, it private industry, through in means that the United efficiency, inability or unwii-
For that reason we are willing to advise capitalists on how to increase production, and thereby in crease their profits.
Antwer
States
must have more, steel, and that Ingness to their the
meet the needs of Truman is determined to sen community. If such that we get it. situation should ever exist in the United States, I favour nationalisation.
would
п
the
on
new
to bo
month. And
the world's. In Houston this: the first 20,000 bo given gola
with production experts to trade union in America believe unfair competition and domina- give up the right to strike.
atmosphere free from American worker will never TN. LOS ANGELES, 'which guests will
啡 a good on by monopoly."
What, we in America
want.
plenty of goods at low prices:
un-
we are not interested in theories.
up
on its
prides itself
per cigarette cases petual sunshine. the airport How would you sum
authorities announce that they. SHOW BUSINESS: Frank Fay,
‣ who
Sid Field's are going to install Fido; the
played Are you in favour of a cell. American trade union policy war-born British invention in part in the Broadway produc Do you think that profil are high wages, plenty of jobs, ing on wages?
Full employment, good waged, enable planca to land in fog. tion of "Horvey," is planning making should be
Certainly not We want to reasonable profits: low prices it will cost the airport £210,000 to play Hamlet.. George Raft- restricted?
see production go up and up and an abundance of goods to install the 392 ollburning insists that he is retiring from
we want to sea - wagos made possible by effelent mass | nozzles. which dissipato
clubowner fog flims... Broadway Certainly not. We think, tirzi
Do you think that the go up and up, too. More pro- production, a high, and rising clouds.
Lou Walters offers £230 to of all, that profits should ba
standard of living.
any customer, who can. Identity Commencing To-morrow: "ON AN ISLAND WITH YOU" where it is not worth while in industry?
laxed-not laxed to the point Government should go into, duction means more wages.
THE FOURTH DAY of all the brands in six different We refuse to fix any upper We do not want anya blizzard the Chiengo Sun- glasses of Scotch....Only one make them, but taxed pretty Again, I have no theory limit to the American worker's ideologies, other than those of bathing Association came into out of every •five' of Broadway's heavily, all the same.
TO-DAY
*ONLY
YEN HWA
Cathay
NANCY
about It
At 2.30, 5.20,
7.30 & 9.30
P.M.
Grim(m) Reporting.
I LOVE DIS
COLD WEATHER
•
Diana WYNYARD in
with Phyllis Calvest
The Story of A Humble Soul Who Suddenly,
Found the Whole World at His Fect!
Michael REDGRAVE
H. C. Wells'
#7 KIPPS" Released Thru 20th Century-Fox
CRAND OPENING TO-MORROW FIRST TIME SHOWING IN COLONY
"The STORY of SIBERIAN LAND"
.In Gorgeous Cofor
· Special at 5.30 p.m.
A Moscow Studio Production. with English Sub-title on Films
The
and
Government standard of living. It is the justice.
By Ernie Bushmiller
SLUGOO TELLS 'EM BETTER
being. Its alms--mixed nude actors and netresses has a jób.
"DON'T FICH IT
Fitch 11
|--- ESPECIALLY AFTER MY COLD SHOWER AND A
BRISK TROT AROUND THE PARK IN ME
SHORTS
PEEWEE ---I WON'T
BOTHER READING YOU ANY MORE FROM THIS
BOOK---
FAIRY
STORIES
Kilchs Bandrit
here ... „SHAMPOO
sortmann NAN KANG CO, WEMNAT DAE