THE CHINA MAIE, MARCH 25, 1989
ATTEMPT TO AMEND CHINA CURRENCY BILL Mr. Pethick-Lawrence And Interest Clause "GOOD THING IN REAL INTEREST
OF PEACE"
London, To-day.
The China Currency Stabilisation Bill, which pass- ed its third reading in the House of Commons yesterday, was also passed by the House of Lords at its first reading. The Bill is being read for the second time in the Lords on Monday.
HUGE GRANT FOR U.S. ARMY
Washington, To-day.
The Senate appropriations_com- mittee has approved the Army grant of $513,000,000.
This is $13,000,000 more than the sum allotted in the Bill pass- ed by the House of Representa- tives a few weeks ago.-Reuter.
Before passing the third reading, the House of IMPEACHMENT
Commons rejected an amendment by Mr. Pethick-Lawrence (Labour) rejecting the Gov-
ernment's guarantee of 234 per cent, interest OF MISS
to the British banks if the Chinese banks fail-
ed to pay.
quite
The Chancellor of the Exchequer, Sir John Simon, concluding the de- bate, believed it was made plain at the second reading that there was a universal feeling in the House that we were trying to do a good thing in the real interests of peace.
We were showing our desire to support what ought to be support- ed, apart from the calculation of City interests.
GOVT. SHIPPING SUBSIDY FORESHADOWED
PERKINS FALLS THROUGH
Washington, To-day.
Cordell
Hull Attacks Nazis
WASHINGTON, TO-DAY.
THE SECRETARY OF STATE, MR. CORDELL HULL, YESTERDAY CONDEMNED GERMAN AGGRESSION IN A STATEMENT IN WHICH HE DECLARED THAT THE HAP- PENINGS IN EUROPE HAD BEEN OF A NATURE SERI- GUSLY TO THREATEN THE PEACE OF THE WORLD.
"I am profoundly shocked by these new evidences of interna-
The movement to impeach Miss tional lawlessness, which make it Frances Perkins, Secretary of La-all the more clear that the sup- bour and the only women member
of the United States Cabinet, hasport of all nations for law and fallen through.
order and sound economic rela- Three months ago, Representative tions is urgently needed. Thomas (Republican) introduced a resolution in the House of Repre- tinue to strive to strengthen the "The United States will con- sentatives d manding the impeach-structure of world peace by fos- was most con-ment of Miss
ber stand in deferring the depor-law and by building sound eco- Perkins owing to tering in every way the rule of tation of Harry Bridges, the Aus-
nomic relationships upon which alone peace rests."
tralian Labour leader.
London, To-day. Mr. David Kirkwood (Labour) yesterday said he fident that Mr. Oliver Stanley, Sir John said he had the greatest President of the Board of Trade, possible confidence that we should would intimate a Government sub- not be called on to fulfil our engage-sidy to aid shipping and the ship-tee of the House of Representatives ment regarding interest if the building industry when replying to Chinese Government continued to practise what they had most honour-Mr. Kirkwood's question on the ably followed in the past of doing subject in the House of Commons their utmost to fulfil their engage- ments. Reuter.
on Tuesday next week.
WITHDRAWAL OF DEPOSITS IN CANTON BANK
After the fall of Canton, the Can- ton Municipal Bank was evacuated
to Kwangning and business WAB ́temporarily suspended.
Mr. Kirkwood, interviewed, stat ed that Mr. Stanley had advised him to raise the subject.
He was of opinion that Mr. Stanley would not have requested this unless he had an important answer to make. Reuter.
M. COSME RESUMES JOURNEY
Kunming, To-day.
Yesterday the judiciary commit- unanimously agreed that there were
turned from a holiday in Florida. Mr. Cordell Hull had just re-
no grounds for impeachment.-Reu--Reuter-- ter.
PRES. LEBRUN'S MESSAGE OF THANKS
London, To-day.
OIL PROSPECTING IN PALESTINE
Jerusalem, To-day.
The right to prospect for oil and drill oil wells in Palestine has been conceded by the Man- datory authorities to the Iraq Oil Company for a period of four In a radio message to His years under the terms of a decree Majesty from the steamer convey-published yesterday. ing him and Madame Lebrun back The decree applies to the re-
Trans-Ocean.
The French Ambassador to China, to France, President Albert Lebrun gion between the Mediterranean According to an arrangement M. Henri Cosme, left here yester-expresses thanks for the welcome and the Lebanon frontier. between the Canton Municipal Bank day for Hanoi by train en route to given him in London. and the Kwangtung Provincial Bank, Shanghai. He was accompanied by which has received the sanction of several officers of the French Em- the highest financial authorities, the bassy.-Central News.
deposita, on Current Account of pri-
vate individuals and business firms
can now be withdrawn through the
Kwangtung Provincial Bank at its REPORT TO DIET
Hong Kong Branch, Chater Road,
Hong Kong.
REPORT TO DIET
He said the reception will be interpreted be French people tanti- mony to the solidarity uniting the French and British nations.
as a new and unforgettable
had given the utmost pleasure to
The King, replying, said the visit
the peoples of the whole Empire.
Reuter. Kaunas, To-day.
delegation
The Lithuanian
A complete list of such deposi- tors has already been sent to the Kwangtung Provincial Bank, Hong which signed the Berlin agree- -Kong Branch, by the Canton Muni- ment concerning the retroces- cipal Bank.
sion of Memel, returned yester The regulations of the Ministry | day. of Finance will apply to the with- The Foreign Minister made drawals made under this arrange report to the Diet in the after ment.
noon. Trans-Ocean,
His Excellency the Governor has appointed Mr. W. N. Thomas Tam and Mr. B. Wong Tape to be Mem- abers of the Urban Council for
further term of three years, with effect from 80th March, 1989.
CHINA'S FOREIGN TRADE
Chongking.
China's total foreign trade in the month of February showed an excess of $16,925,584. In imports over exports, according to statis- tics compiled by the Chinese-Mari- time Customs. The total imports 168,789 while the tota in the month were valued $78
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