1938-12-21 — Page 14

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THE CHINA MAIL,

ANOTHER GENERA

Plot To Seize

£4,000,000 British

Mine Interests

Franco is planning to appropriate Rio Tinto Mines, in Southern Spain, in which £4,000,000 of British capital is invested.

The proposal is, for the moment, being kept in the background, following reports of the disquiet such an action would cause in financial circles abroad, but the rebels intend to go ahead if the war situation improves.

Only by such methods can the ever-increasing debts to their Fascist allies be met.

Copies of letters have been re- ceived officially from the Spanish

PROFITS

IN PESETAS

Government in Barcelona between A copy of this letter was sent to representatives of the rebel ad- the Franco representative in Nice ministration which leave no doubt with an instruction that the con- as to General Franco's intentions. tents were to be "communicated to The Spanish Government claims to no one." have complete proof of the authen- ticity of these documents.

"DO NOT MAKE IT PUBLIC!"

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Rio Tinto Company, Ltd., owns 32,000 acres of freehold copper and sulphur mining property in Franco Spain. Sir Auckland Geddes is

One letter written to Franco by chairman of the directors, and re- cthers include the Earl of Denbigh, as the Earl of Bessborough and Sir

John Maffey.

presentative in London, is follows:-

I

"Following your instructions, have gathered impressions in Lon- don and also on my trip to Brussels on the probable effect on British and Belgian opinion of the nation-

WHITEAWAY, LAIDLAW & CO., LTD.alisation of the Rio Tinto mines.

SEE THE

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PORTABLE

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in

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"British and Belgian politicians, as well as bankers and business. men, are opposed in principle to any nationalisation, except in case of war industries.

"I must tell you very sincerely that, after having talked with a number, of people, my own im-

heavily!

The company, which has been in British hands for

65 years, has already suffered from Franco's depredations. Pro- fits for 1937, which would have amounted to £350,000, were paid in Franco pesetas and valued at £3.

!

were

por Cou

per

and

ski-

snov mod

eco

The Va

Since the products of the mine are already being sent to Germany 40 m.p.g.. under a barter arrangement, it is trial, over feared in London that the rebels] the 10 h.p intend to turn the mines over to And it

Hydraulic

pression is that the nationalisa. Germany in return for further war chromesh

tion... of the Rio Tinto mines. would produce a bad effect on world opinion, since shares of the company are quoted on the principal markets.

"Furthermore,

supplies.

Franco's plans are in striking con- trast to the attitude of the Spanish Government towards foreign capital.

Senor Negrid gave a pledge at international Geneva a year ago that at the end opinion would believe that this was of the war any losses to foreign in-| the beginning of other nationalisa-terest would be made good. tions.

In Barcelona, a Committee set up "I believe it would be advisable to to safeguard foreign interests postpone this plan and not to make works in the closest harmony with it public because of the effect it the Government. Many important might produce."

British firms are represented.

features.

Bringing Up Father

I WONDER IF THAT „WAITER ORDER- ED THOSE EGGS FROM IS WAITIN’ FOR THE HEN TO

LAY THEM?

·BANKS DON'T SELL CHOPS AND WE'RE NOT BANKS SO WE DO NOT GIVE CREDIT

BY GOLLY- IF THEM EGGS HAVE BEEN IN THIS RESTAURANT

SINCE ORDERED THEM THEY ARE AT A RIPE OLD AGE ·

ALREADY-

(REDIT:

I'M BEGINNIN' TO THINK- THAT THIS IS AN EN- DURANCE CONTEST- I'VE BEEN HERE SO LONG I'VE FORGOT-. TÊN WHAT AN EGG

TASTES LIKE-

DID YOU CALL SIR P

Cops 1918, King Festures Syndicate, Inc. „World'rights resersed;