४
Sir Arthur Morse Reviews Far Eastern Situation
(Continued from Page 5)
►
Bangkok Omer
Ou
to 2.00 graina of gold and ner 2 Inst our Monetary Law Act has been commemorated fls Diamond Ju passed which contains provi- blice at that port and a succes fut celebration took place a lons for the establishment of a Monetary Board and Central which Prinen Viwat gracioust
of Bank of Ceylon at an early proposed the health date, In February 1649 a 21⁄2 Bank. loan for Rs.0114 million was
PHILIPPINE ISLANDS successfully floated. The greater
The year 1949 was electio Island part of the loan is to be used year in the Philippine
rough the Govern- and to carry througla ment's industrial development Quirino plan include food production the Hukbalahaps
Ing particularly pro- 1 lem of four years. jects to inerente which is so vitally important to enthe trouble in Central Luzo n country which relies on in- the country as a whole has në ports for about half of its re-been suriusly affected. quirements of foodstuffs,
BURMA
The continued disturbed con- dition of Burma is disheartening to merchants, bankers and all friends of the country and it is dimcult to understand why the Burmese and Karens cannot he persunded ta
their dif- Dettle
conference ferenced around table with the help of tor from Britain or the Nations.
Recent reports rive a
alighlty more.
of
one
the civil cheerful
optimisite view are
rice
reasonably
Exports
in November Prezider
was re-electer for
Althoug continuo
Unfortunately genuine economi progress has not been as grea was hoped and the larg payments mad rehabilitation by the United States Govern ment have not eflectivet ment
the restoration of th enabled
of manifes pre-war position turing industries, power plant
gricultural
output whic) In th /fered so disastrously
course of the war.
จ
can ronfuet thing: 1 have shipments
well
siderably reduced.
serious
#ince exports
the
were
WAA
con- the
With the knowledge that be tween 1950 and 1032 the Amer
nid
wil programme radually come to an end th been Government of the Philippine malatator. have been aware of the need t of about 14 million to cut down the large excess were realised in 1949 which was Cit
ex importa which
nearly more than was at one time ex- pected. For the current year's 500 millions both in 194
and 1948 and which may prove the figures will probably be to have been not much less in
15 the around 700,000 tons
when the figures are
11
that planted rice area has been con- 1910
was clear is published. This
drastle measures were needed pre-war
over as a large part of the imports average
During the consisted of luxury and three inllun tous. year the Burmese Parlament sumption foods and not
much-needed capital goods. But ha reversed its original policy the arst import control measures and made nu important decision were inadequate so the Gover in regard to the investment of were
ment were forced to take more capital In Burmu foreign
vigorous steps towards the end whereby a large number of of 1919 when
new legislation dustries are now thrown-open)
imposed a severe cul on hixing under 10 foreign ownership certain reasonable conditions. 500da ant on a wide range of articles. Ex- non-essential in of affairs Bul the state Burma is not yet stable enough change control regulations were
πείν
private encourage capital and the Commonwealth 2719 millions mooted at the Columbo Conference will, if finally concluded, be a wel come step towards much needed financial assistance for the couu- try.
to
INDO-CHINA
developments In Politicni Indo-China teem likely to be of pivotal importance to South East Asin throughout the coming
also introducci on December
9th and in this respect it is sad to record that the Philippines have at length been forced to follow all the other countries of South East Asia.
THE HONGKONG TELEGRAPH, FRIDAY, MARCH 10, 1950,
Zero Weather
NEHRU BACK IN
NEW DELHI FROM TOUR OF BENGAL
New Delhi, Mar. 9. — The Prime Minister of India, Pandit Nehru, arrived here tonight from Calcutta after completing a four-day on-the-spot study of the situation arising out of the distur bances in East Bengal and their repercussions in the neighbouring Indian province of West Bengal. Before his departure from Calcutta, Mr Nehru, in a "The message to the people of West Bengal, said: problem of Bengal has first priorily today with India and it occupies my mind to the exclusion of much else. I am going away from Calcutta today for urgent work in Delhi, but I hope to return here within a week.
Atomic Factory For India
"The immediate aspect of the Bengal problem means giving protection to those.
to
NOTICE
AND
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POWER CO. (1922), LTD.
Notice is hereby given that the 23rd Ordinary Yearly Meeting of the Shareholders will be held at the Ofees of The Union Trading Co., Ltd., York Building. Hongkong on Friday, 24th March, 1960, nt 12 Neon, for the purpose of receiving a Report and State- ment of Accounts for the year ended 30th June, 1940, electing
Directors Auditors.
and appointing
15th March, 1950 to the 24th
sive.
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sparkling
who are in fear and danger Hongkong, 10th March, 1950. and of making arrangements for those who so wish travel to safety under ade- We are quate protection. tackling both these Imme- diately. I shall not discuas the longer aspect at this stage, although it fills my processing mind and we have to find a raw mate-remedy for it." rials will be in operation
New Delhi, Mar. 9. -- A
for factory
atomic
energy
within a year, it was re- On his discussions and con- vealed today in the Indianferences with about 500 repre- sentatives of diferent organisa, Parliament by Dr B. V: Kes-tons and fenders of all shades
External Affairs.
This is what winter means on America's northeastkar, Deputy Minister coast. The Boston trawler in picture had met heavy weather round famed Cape Cod, and arrived back in (London Express port as the thermometer fell to zero.
Service).
More Money To Modernise Navy
for
fle said plans already were under way for setting up the factory, and n nucleus of workers trained in the various techniques conuected with such work was
call-up awaiting urders.
M
The Minister sald plans en-
the setting up of visaged amalt utomic pile within a few years.
In answer to a questioner who asked if the Government was
proper
of opinion,, Mr Nehru sald: "It has been of some satisfaction to me in this hour of difficulty andt crisis that all kinds of people, belonging to different schools of thought, have expressed their desire to sink their differences and face this crisis together.
"I welcome this and I hope this will result in far-reaching good for Bengal and India,"
FREE MOVEMENT
Meanwhile, it
-was-ofcially
aware of a report which sald learned here today that the East India would be able to produce Bengal Government was under- London, Mar. 9.-Britain is to devote millions more atomic energy within a year if stood to have Issued orders that
freedom and Sterling in the coming year to modernising her naval her scientists were given "full income tax clearance certi- oppor-eates would be required by East Pakistan fighting and developing counter-measures against high unity," the Prime Minister, Mr Hindus leaving
Nehru, sald the for India. speed jet aircraft, high speed missilos and submarine Jawaharlal
Government was not Impeding warfare,
On the Indian side also, it such work. He said the lack of was emphasised here, any per- Naval estimates publish- were needed. There must also freedom come The trade figures of the Is- lands
water detection, porla decreased in volume andtion and research this com-thrown weapons" and "homing" value in the first half of 1919 in year would cost nearly torpedoes. compared with 104, exports decreased
at more in value £73,000,000 -
owing
TRADE FIGURES
show that although im-ed today show that produc-be incrensed ranges of under-stangs beyond the control
new "ahead the Government.
£10,000,000
years and should be watched spite of their declines und in more than the last year.
volume being The total estimate for the
with
afraid
I am
close attention.
that plans for general more restoration and re-equipment of red Industrial
with
-
dron
MONAZITE FACTORY
of
par-
of income
and
domicile
STATE OF PANIC
New Delhi, Mar. 5.-The Indian Deputy
D
WINDOWS MIRRORS GLASSES SILVERWARE
TILE PORCELAIN • CHROMIUM
with 'GLASS WAX'
GLASS WAX
A Product
"GOLD" SEAL
At All Loading Stores And Dispensaries.
Sole: Agents; DR SHEWAN TOMES & CO, LTD,7 Chung Tin Bldg. Tel: 277815
PRESS PHOTOGRAPHS
ORDERS BOOKED.
STAR
Phone 583354
from cireum son wishing to go to Pakistan Copics of photographs from Calcutta was free to do taken by the South China to with
the provision of full
Morning Post and Hong Kong protection for safe transport.
The Indian Government had Telegraph Staff Photographers
the to protected
aro on view in the Research would be continued Asked if the funds placed at recently
Government about
Morning Post Building. in protective measures for men the disposal of
the Selentine Pakistan
of non-Muslims" gainst harmful radiations re- Research Department were ade- "harassment
leaving Pakistan, with than maintained. As entire naval
the production of service is raised teared by atomie weapons, the quate for the
atomic energy, pre-war by £3,750,000 to £103,000,000 statement declared,
Mr Nehru sald ticular reference to the demand India was not for the production position production and exports for the year 1950-51.
Lord Hall, First Lord of the it was obvious
like
clearance. undertaking will of some of the most important
the Admiralty statement
United tax An
the functioning Introducing Admiralty, have to take second place un commodities
such
as sugar,sued with the Estimates raid:
has enormous certificates.-Itquter. Esimales, explained that man- States, which peace and order have been more hemp, tobacco and fumber are The natural consequences of
fundis.
Ile sald at the present strength, would fully restored. The trade re all low and need for progress the probability of faster air! power
and rerearch moment India Inched adequate protection obvious. However plans for attack" turns show some improvement!
requirements are
for, while
trained personnel, expansion
other of agricultural
Mr Nehru mold a in export values over 1938 but the
things, guided increased.
monazite Among
In the coming for increased
year British production and rice exports are still nearly
The increased range and weapons development have anlilion tons less than the pres industrial
140,000 to 127.500 compared with of much higher perform- fors war average while cual exports bron drawn up by the Guvern speed of radar warning, predic-naval manpower would fall from
one of the first in- ment and one country dudrial priorities has been ance, improvements in the rate 144.500 in the Servlet on April
a Fit are of Buli-aircraft Runs, last year. which awaits development end signed to hydro-electric pro-and poxinity fuses.
ACTIVE FLEET The Admiralty UNDERWATER THREAT
that Britain's "In addition the performance showed of our carrier-borne Aghters feet was headed by must be increased and this thier and four light fleet carriers other countries. volves the introduction of jet with 14 cruisers, 34 destruyers, of our own men" had been sent an
to these countries for training when with Bghters
consequent and 32 submarines,
the in such work.-United Press, latest battleship, The tanding and hand- changes in
for Vaumard, was being used ing techniques."
other feet For the
greater underwater training with two threat of the future, the state-cartiers.
Four wartime battleships rubmarines salu, fast meat
York class 2.12 capable of inecting an enemy the Duke of
In reserve together with a large on terms at least of equality" three flect carriers were held
number
ships.- Caller Reuter,
remain at a low level. There
reat wealth In this
utilisation.
tive. Wh
stability
world-
tu
the year
of
country,
statement active feet car-
راز
with nonerme
refentists and
Maid
thut
(By Popular Request!) MARCH 10th & 11th 2.30, 5.10, 7.20 & 9.30 p.m.
IT RAN 2 SOUD YEARS.
ON THE STAGE..
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WEIGHTS AND MEASUREMENTS and South Chins compiled by the
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THE COMPANIES
CLASSIFIED ADVERTISEMENTS
MAY BE BOOKED AT THE EVERGREEN STORE CORNER OF NATHAN AND JORDAN ROADS, KOWLOON.
High Commis-17 Hankow Road, Kowloon,bing Pada, irre sizes, 25, 50 centa step would be research son, Mr S.K. Dasu, has com next
pleted a tour of Mymensingo, and factory would be set up.
competent Inlan
Jamalpur, Kishorgun) tr personnel to do that work, work
The Premier said the Indian Bariral, in East Bengal, accorn- Government had been in touch to an official report received
here today.
The report atomic energ commissions in Jamaipur, 500 Ilindus Were He stil "some sheltered in one place following Incident Inst Wednesday
tho
a local house of was aided by people ribed ny daculty.
Wis It
stated that tirese IIlcium
not were
receiving rations from the Government and that most of them had lost all their properties. The report stated that railway travel m this area
area was unsafe as there jere had recently been "serious in cidents" at Jamalpur and
ctations, Baliadurabad railway and that the Hudu population of Jamalpur was ill in a "state of panic,')—Reuler,
COMBATTING INFLATION
IN KOREA
John, for which” is, jecto u
understand, being cou THAILAND Thailand has again and by the authorities of the
and prosperous year. national Bank. The International quiet
Reserve of the Central Bank of There is however an undeieur-
Ps.271 The ront of nervourners in regard to Philippines fell by
up to developments possible political
nitions labour is inclined to be res January 31st but the effect And
Milayah
the port and Exchange Con- has been
in regal to trol measures will probably he anti-communist measures on the reflected in future figures.
Our offices in Munita and border but I wish to emphasise how important it is that action Hollo continue to progress very an a broader satisfactorily and the important should be taken foundation to ensure that Thailport we have played in the res and's
protected habilitation of the
I believe, recognised. against any external menace.
welde The
ten- wide
INDONESIA dency
Guect
The transfer of sovereignty channels from normal
Washington, Mar. 9.-Dr on December 27th last official and stini-oficial
Arthur Bunce, chief of the cerns has
afraid take brought into existence.
RE-ACCREDITED Economic Co-operation Ad- root in Thailand and naturally lands-indonesian Union was a
to ministration mission has been momentous event but i was
Calcutta, Mar. D.-Pakistatı merchant apposition
stand-greeted with mixed feelings by
nccreditation Korea, told the House of has restored the aroused. One of the outstar the commercial
community In
India Press Trust of ing events
Foreign of the of the year
Representatives" Indonesia. Although one of the the change In the
Affairs Committee today correspondent at Dacca, capital follow agreements signed at The lingue
of East Bengal. of exchange
New York, Mar. 9-A meeting that a joint Korean-Ameri- In the first news Lelegram ing the devaluation of sterling, provided that foreigners of all It was hoped that, as 80% nations should have equal rights
of the Security Counell to dis can Committee was "vigor-received here from Dacea since Uprovesic of trade the in the participation Thailand's trade is with
Santhosh cuss Kashmir, due for tomor-
20, Mr the and in
The Investigations and
Chatterice, PTI correspondent, sterling aren, including especi-with Indonesia
in the aclivity and industrini
by the row, has been postponed. The ously" dealing with the January trini commendations made
said there ally
was "no objection" most of the exports of rice, economic
departments of the next meeting is expected to be threat of inflation
to his functioning as the PTI tin and rubber, the rate would development of the country. various
year-old Republic.
representative pending formal the Pakistun accreditation by Government.
Was
rats
other
DIT
figure
I
cou
However
other
WI13
ties
21
which Nether-
in
war, having left the region in a condition little short of collapse, continue to exercise Influence. their malignant
half the t11022 more When world's papulation lives conditions of such utter pover ty, there cantat exist a basis for enduring peace. More sustained and organised efforts are called for on the part of the governments and peoples it levels of living and consump tion are to be maintained and
pro
sommnd
re-
Meeting On Kashmir
Postponed
in United Nations are clearing the held either on Monday or Tues
for practical economic atd. uy, though Tuesday is the more the Morcover
Commonwealth likely date.
the
Mr Chatterjee, whose ac- creditation had been withdrawn, was arrosted last November 25 and released on balt six weeks later. Reuter
INTELLIGENCE TEST SOLUTION:
This is not a very easy test, though its solution is straightfor- ward enough If we consider the
. We sons must be
TJ or OJ; and that J'u kone must be TF, TW of FW Testing each of the first three, pairs in combination with each of the second three, three Diabilities energe:
Father
Sona
January 1st providing for two focus of moment the outlook
look make the
their work dimcult. But Reuter
there little optimism keep in line with sterlinger foreign circles because of the
Dr Bunce testified in support Was so desirable
uncertain outlook. On
of a request by the ECA for counsels prevailed
At yesterday's hand the budget, in Colombo recently
session, the $100,000,000 in economic assist a compromire was adopted by neit for 1949 turned out t high priority to the can- Presistent of the Council, Senorance for Kurca In the next fiscal which the sterling rate
serious than expeeled siderations of economic condi- Fronta, had stated that the year 40 to 33 be less lowered from Ticals
South Enst Asia and Council would expect to receive
He said that Inflation could "Fourth pound sterling while the and production of some of the sideratio per
ECA programme President Truman's
on Friday India's reactions to threaten the Wis most Important export commodl-lous in United States dollar mie
such as rubber, ten, copra Point" was also largely directed the clarincations given on behinir in Korea, but that several im- raised from Ticals 10 to 12
If
of the sponsors to certain points portant steps had already been the palm oil and mineral oil in-towards those areas. dollar.
Apparently
with ereased in the past year. It fore the United Nations. with In the four-power Kashmir re-taken. Theo included sharp able Minister of Finance, Prince will take many years for Indo- the active help of the Common- solution.
increase in rallway and electri- Viwat, resigned In opposition W to recover her pre-wor
to reduce Govern- war wealth and the United States, to this decision. Trade in
India's delegate, Sir Benegall city tariffs tho prosperity and
and in the case of apply their combined knowledge main commodities of the coun
Dr
Bunco also said that Council that he had telegraphed some commodities this position and resources to the task, the Narsing Rau, had informed the ment subsidies. try has again been sailsfactory may never be regained, but the countries and peoples neding Terence Shone's explanatory guerilla activity in the Republic ften exports were over 1,200,- wealth of the country is so great econoinie betterment will not 000 tons. Rubber exports were
vain and the tulement to India for instruc-was "infinitely less than a year revival will have to wait in that an econointe
to the rapid strides the Indian Primiento" due about 90,000 tons And as this
of discontent tions. As
the South Korean ore surely come law and order is breeding grounds
Nehru, hnd made by Minister, Pandit is 30,000 tons
restored throughout the coun- and revolution will be steadily
been in Calcutta in connection army-Reuter. than
Jocul production
try. from
eliminated.
with the communal troubles in would seem that rubber
Finally, ladies and gentlemen, THE OUTLOOK outside the country has been
word about the Bengal. It was felt that there ail of the must say n Throughout 1949
might be some delay in gelling Bangkok. With sold through
Civil wars India's reply. reduced supplies available from countries in Asin where we have Staff of the Bank.
currency
of the The postponement Burma exports of teak from officers have been prominently terrorist campaigns,
controls: Council's meeting was, but
devaluations, exchange
there- It seems Slam have improved by nearly in the limelight,
in fore, considered 20%.
A new barter agreement orebable that in the coming years these are some of the many prob
lays are anticipation of Auch with Japan came into force on they will more and more be the lems which in these
their way and world attention. At
At liable to come way trade amounting to US$00
$300 the present
In those millions.
am glad to say that the ston- The previous agree is only satisfactory ment which folled to be fully countries where there is econo-dard of ability, loyalty and implemented provi
stability and reasonable con- keenness is high and I think you provided for ship mica mont of a considerable amount ten
tentment; the picture is obscure or can be fully satisfied with the
Balgon, Mar. 9.-The United
1. An individual interested in The Israeli Foreign Minister mission here Japanese railway equipment gloomy where low standards of way in which they are manag
States. economic to Thailand and more is expect living and backward economie ing the affairs of your Bank.
"untrue
and said that the Turkish Foreign both the world about him and propose the tonight labelled
2 receiving ed under the new agreement. conditions
Minister, Me Necmeddin Sadak, his own mental processes, press During the yast year Thailand adequate attention. May I quote adoption of the Report and Ac-premature" Washington
told reports that
the Israeli Minister in An- One of the national food dishes became a member of the Inter- from the Preface to the Econo-counts as presented.
After the proposal has been Indo-China would only go to kara, Mr Bliahu Sassoon, that of Spain. 3. Alaska. 4. Connec-
College fleuf; and mic Survoy of Asia and the Far
exchange agreement to ther
Royal national Monetary Fund
in Physicians; Board of Trade. 8. boing now eligible for a loan East for 1048 which is fill ap-sconded I shall be pleaded to the French.
answer to the best of my ability The method of allocating nid diplomatic representatives from the International Bank, # piteable: Mission from the latter his beanie consequences of the holders may wish to ask.
The devastation and cet any questions which share had not yet been decided, the November 1949 Implied de jure Isaak Walton, 0. The Gulf of Mexico and the Caribbean Bea. mission sald-Routard recognition-Reuter:;;--
of
visiting Bangkok On Decemz====
аге
not
now
bel to
meccssary
delay.-
Aid Report Said Premature
economic aid in
Israel Recognised By Turkey
an-
GW
But neither of t'a sonu lan W. which ruins out 1 and 2.
Mr. Thomas's bays are named Janies and Walter.
Tel-Aviv, Mar. D.-Turkey has granted de jure recognition to Israel, it
amefully Was nounced here tonight. She gava Israel de facto recognition lant March and has maintained CHECK diplomatic relations with Israel
several months, for
Landon Express Zervice.
YOUR KNOWLEDGE
Answers
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