THE HONGKONG TELEGRAPH, MONDAY,' MAY⋅ 9, 1919.
Malaya's £8 Million
Loan
COUNTRY'S RESOURCES
London, May 8.-The Colonial Office announced tonight that-underwriting- is proceeding for a three percent
loan of about $8,000,000 for the Govern ment of the Federation of Malaya. The loan will be redeemable between 1974 and 1976 and will ba issued at par.
The prospectus wil be issued on hay 10 and the 1st will open and cloe on May 12.
fron the A statement Colonial Oflice, issued In con- nection with the loan, maid thunt "Is the Federation of Malaya the world's greatest producer of rubber and tin, and earns than any other more dollars country in the sterling urea.
thes "Although These foundations of the ferritory's economy, a wide range of other is also pro- troplent products duced, including vegetable alls. in which there is an important. export trade, tusi rice for toral consumption.
are
SECONDARY INDUSTRIES
"A variety of ather minerals, : is mined, and progress is being made with the establishment of i
ondary industries.
efferts
Great and successful have been made in Matnya since the war towards the rehabilita- tion of the country's hasie 312- dustries and, despite the distur
the bandits bances created by
during the past 12 months, the production of all cuttinodities has continued to increase," the statement added.
production "Indeed, rubber reached record levels in 1940, and it Is estimated that produc- lion in 1949 will be maintained at this high level. An intensive policy of encouraging re-planting : with high-yielding rubber trees! is being netively pursued, both for estates A small holders
The aim is to bring the per- centage of new to old "trees on the estates up to 25 percent by the end of 1940."
!
Change
Will Russia
Economic Policy Toward West?
Geneva. May 8-The United States, Bri- tain and the Soviet Union with 25 Eastern and Western European countries, will be repre- sented at the meeting of the United Nations Economic Commission for Europe, which opens here tomorrow.
The Western delegates were tonight won- initiative towards dering whether the Soviet
calling off the Berlin blockade would be follow- ed at this meeting by indications of important changes in the Soviet
and East
European
is on European wipe out their
Befenders Move In
Members of Shang- hai's garrison command rest in front of the Bri- Cathay tish owned Hotel, while officers suc- cessfully dickered for living space. The mana- ger said he expected
"guests." 80 about Shanghai factory own ers had requested prò- tection for their plants and this move was the result. The Broadway Mansions, Paluce and Park hotels were also housing troops. — AP Picture.
ROCKET
WEAPONS
TRIALS
Burmese Premier's Triumph
Press Welcomos Aid Promiso
Rangoon. May 9.-The Barnese Press yesterday described the decision by Britain, India and Pakistan to give Burma all out nasin- Itunce
"personal trinnwh" for Prime Minis ter Thnkin Nu.
[1
The press declared that the decision expressed Common- SEL Thakin wealth, confidence
Nu's government.
The Burmese government,
nouncing the Saturday
deckton
stressed
late }}xe
night. conditionat nature of . The
sail the assis tunouncement tance to Burma a spontaneous Attached and without Tony conditions."
POCKET CARTOON by OSBERT, LANCASTER
200
A
One civil servant to auncher, Fitetrace, don't ate "fini there's something terribly frustrating about this unscheiluted, decan trolled, off thenation sparing weather""
SETBACK FOR GUERILLAS
Salonika, May 8-The Greek The nature and extent of the Third Corps today announced n new success for the Greek Army assistaner rematus undisclosed, but political sourcer expect its on the Greck-Bulgarian frontler where the Metaxas line was. In monetary value to be sufficient to
budget deficit. 12 hours the Greek troops auc- cover Burina's
In capturing all armed Increased arms and ammunition cecried
to help to positions of the guerillus from are also expected quell the extending revolt. Angistron (Strymon River) to
All Butu Burnia.
י
the
new*
PAPER'S WARNING The English language
while paper "Sunday Nalion," welcoming
nid, warned against complacency. It printed out that the Commonwealth tools the several months to approve meaure, which the Burp con Adently expected to be pushed through within a few days, ndd. ing: that the Commonwealth caution was not misplaced. The paper said it thought the most important factor influencing the Commonwealth was the changed to- press and public attitude wards foreign nationals, against whom the Burmese have ceased ard their campaign of abuse vilification.
economic policy toward the West.
Harriman, the lems as there Mir Averell United States roving Ambassa-countries to dor to the Marshall Plan coun-dollar defleit. COCOA PRODUCTION
Slates could! 4.-The United American tries, who heads the
balance world After giving dgures of rubber, delegation, arived here today greally help to
What the trade by a long-term investment Lola 49. palm cit and coconut oil He production since the end of the countries of the Organisation policy overseas.
Co- Economis with war, together
tables of for European Malaya's experts, the statement
operation were anxious to ex- od that,
in addition, Malaya and trade with the East and has large timber resources "and hoped that this trade communications are
The semiomelal "New Times of Burnia" suggested that since the Commonwealth has given Purina a chance to regain her Burma's leaders lost foothold, should
the country's revise foreign policy lo sult the now de. The background.
nc. paper clared that Burma will do well to remember that though she LS decided to remain outside is she Commonwealth, nevertheless within it "by rea son of her geographical, econo- mle and historical relations. Questioned by correspondents
The paper added that India Melbourne, May 8-Mrand Pakistan have proved the
their decisions on the last point, Mir Harriman would said: "It is impossible for the Joseph Chifley, the Austra- wisdom of
the Commonwealth indicate United States to its normal prewar long-range
rolan Prime Minister, broad-remain in investment gramine, I hone that there will casting on defence research and declared that "It is not yet "They want to get from the he increasing United States In-in, his weekly "Report To too late for Burns to learn this
en
belt -
10 return
proved to enable these to lig pattern.
developed."
'
reporters
pro-
Being Carried Out In Australia
ine
It also mentioned the possibi-East food products, particular-vestments abroad in the years The Nation" said tonirhilesson."-Associated Press.
lity of occun production, the rely grain (winch
the
degree to that certain trials have been
the United to come, but we have n free every of coal output, the re- States has had to supply these pronomy and habilitation of the pineaple can- last few years to Europe as an which we inves! depends on carried out at the joint Bri- ning Industry and the improve-
rovemergency measure}, coal, the opportunities offered to our tish and Australian, long- MORE JIBES ment and expansion of electri-raber and
non-ferrous investors.
city supplies, Revenue, the state-metal" Mr Harriman said. iment said, has risen steadily "during the last three-yeurs-buil
up to the present the heavy custs
NOT SAME PATTERN
of rehabilitation and security these commoditjes
ly by the local Government." Ax
range weapons project at Woomera in Central Austra- 1a.
"Good progress is being made although some delays have oc-
AT TITO
ta
Budapest, May 8.-Yugo
U.S. AS INVESTOR "As the Eastern productivá vľ
br fair "It would
In usi increase, Eeropean countries to indicate measures have been borne cotire.hope that they will be exported whini opportunities they con
to Western Europe in exchange offer to investors. It is clear currel due to material ond la-slav leaders "are finding it
however, that to attain an ex- pansion of world prosperity, will be necessary for the United The Colonial Omce recalled, Mr Harriman added that the States to become an incrensing however that Britain would my trade pattern developing beinvestar abroad.
25 million towards the internal
West was not tween East and
result ils surplus assets land for the been reduced at about £10,409, | West
Oun by the end of last year.
mach nery which is turning out greater quantities."
ever w
security expenditure in Malayu to the same us before the
war. The Eastern demands for
the current year and, in addition, undertook to meet the heavy capital goods were much full costs of the Imperial forect greater, than presar.
pen,
་
|bour shortages," he said.
such as atomic
more and more diflicult to explain why the same im- Mr Chifley added, "With the perialists, who deny indvent of weapons of mass machinery and even medi-
destruction bomus, guided missiles and cine to Hungary and the "I believe that this will han-other forms, the need to keep other People's Democracies,
assuming Increasingly abreast of the times
and the agree to give machines to stable conditions."
efforts required are greater than Marshal Tito (the Yugoslav France will be represented by fever, and the cost is greater.
M. Matyas Premier)." "It will be apparent, however, Rakosi, the Hungarian Vice- chief British delegate M. Audre Philip, former Minis-
Belgium by
timt until these new consider will be Mr Christopher Mayhew, fenri de Traux de Wardin, a
large told are proved and brought into use, Premier, assistance in
Parliamentary Under-Secretary
leading offein of the Ministry,ghung services must be ready election meeting in Western Xof State for Fore gn Affairs. 1050 towards the security
Foreign Trade.
If need be, to Oght with the Hungary today. penditure."--Reuter.
Experts from the occupation
The other heads of delega-weapons of today. Western authorities
tions will include M. Wagrum, will be Zones of
chief of the Economic Depart- American, included
ment of the Danish Foreign
In Malaya in
"and promised
further financial
1948 and 1949) The
to
Anti-Semitism
In Hackney
The of Germany
in Είναι
1 and
Baron
British and French delegallons. Ministry. Dr C. Patijn, Director
weapons
SECRET DEVELOPMENTS
ก
He said the Hungarian people would stand by the people of Yugolavin "against their op. The Yugosiny Cum-
He concluded. "The object la pressors," All Eastern European countries of Holland's Foreign Economic to do work which cannot be un-munists and working people hei have been invited and most are expected to
to be represented,
Relations Department, and dertaken in Britain and gradual-said, "did not shed their blood make so many sacrifices, just tu The delegutions will be armed Anders Frihagen, Dircetor of ly to extend our efforts in this in the second World War, and the Norwegian Industrial Barddeld for the benefit of Australt be pulled back by Marshal Tito with 3,000-page report from
Karen Kock, Madume
the and Brush Commonwealth de-
!!
London, May 8.The.Hackney Secretariat of the Economic Swedish Minister of State, Is' fence. Some important defence, into the imperialist camo
the
most
the
Aelegation. Reuler.
to lead a research and development pro- carried are being Jects which
for out cannot be mentioned security reasons,”
The Yugoslav people under- stood today that the American Imperialists were helping them because the capitalists are con- vinced that "Tito has come over to their side and has become an the People's Democracies."
Fulfilling Armistice allotted A£33,500,000 to de-enemy of the Soviet Union and
Trades Council, the trades union
containing Commission,
thorough survey of the only woman representation of this East End
Furope's (London) borough, is to ask the
economy ever made, Home Secretary, Mr James
The main pointy of The official Chuter Ede, to take action against anti-Semitism in survey are!
INCREASED PRODUCTION the borough
1.-Europe's production in chairman, Mr The Council's
last year hns increased Charles Drew..Bald. tonight: "We the are supporting the protests of beyond all expectations.
2.-There have,so far been no dozens of housewives in the horough following a savage as indications of greater economic Europe, either sault on two 15-year old Jewist: co-operation
a gang of among the Marshall Plan coun- boys last week by
and tries or among the members of men ormed with sticks bailles. The lads were severely the Eastern European Economie injured and taken to hospital. Council.
3. There
great an is ng One is still on the danger list. and Housewives
parents in obligation on the United States Hackney are worried at the in-to solve its trading surplus prob- erensing number of attacks on Jews."
Mr Drew said that the Connell Intended "to reck the support of the Trades Union Congress, which had decided by an over- to ban majority whelming! Fascism in this country."-Ileu- lor.
To Train Scouts
Chong
Manila, May 8.-Mr Cheng-jent, member of the Na- Clonal Council at Boys Scouts of China is, in Manila lo help the training- of Chinese Boy
He arrived dur Scouts bero.
week-end abrond Ing the
Lines pinno Philippine Air
two months' thu
from China for Atudy and observation of Boy Scout movement in Philippines.Reuter:
EDITORS PRESS DENTICEA
Stating that Australie had fence research and develop Tel-Aviv, May 8-The Trans-ment. Mr Chifley added, "The
withdrawal from Jordan
VICTORY FOR FAITH the object is that parallel with the Western edge of the triangle rebuilding up of an army, Navy
.we should - He said that Berlin develop- leasing the Haifa-Tel-Aviv Roll- and air force, way to lsrael ended today after
crease our capacity to under-menis were "a victory for our und added: defence a three-day operation during inke
and faith in, pence," research
This immense event in foreign which there were no incidents.
The final withdrawal from the development as part of a co-
a great vietary ordinated plan considered by policy means northern edge of the triangle is representatives of the countries for the peace front and a heavy due in mid-Junc armistice agreement of April 3 of the British Commonwealth defeat for all warmongers and
and submitted to the Govern reaction."
reintions with the About ments concerned."-Reuter. Reuter.
Catholle Church, M. Rakosi said that many adherents of the former Catholic Opposition of the were now on the side People's Front.
under the
flie HENDERSON
1276
THE CATUNDAT BURNING PO
CHARGE DROPPED
Manila, May 8. The charge
of illegal association fled with
Protestani Churches, he said, colled upon their followe the Fiscal's Office against to vote for the People's Fr Mariano P. Balgos and Guillermo and two days ago The Bishops Capadocia, local Communist of the Catholic Church made leaders, was reliably reported similar statements."
today to
after vestig
witht
ense.
Balgos
have
been dropped
n the papers
.
"We Kree, the stand taken by he Mayor's chief in-the Cattiolic Bench of Bishops , Abelardo Subido, had the first serious positive direction of a In the step in the
healthy solution of the relations Cr Democracy And Capadocia, between and Secretary-General and Executive the Church.
"If this first step is followed of the Communist Party of the
were by further steps soon the timo Philippines respectively, Investigated by
Fiscal's will come wheni wa can zeitle, Omco for their activities in an in the spirit of mutual agree organisation called the Labour ment and cosellation, this still our of Battalion, said to be a Com-solved problem munist front-Reuter,
People's Democracy."-Reuter.
the
The guerillas suffered heavy lossca. One Greek Army troop reported that it captured 31 prl- couers in these areas and found a war materials store containing
from which сате and food Bulgaria.
The new Greek successes. bring the Greek Army to the mountainous and high strategic and Greelt-Bulgarian frontier cuts the way of reinforcements from Bulgaria to the Central East Macedonia guerillas.-As- socluted Press.
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