1947-08-06 — Page 3

China Mail 德臣西報 中國郵報 All

THE CHINA MAIL,

ESDAY, AUGUST 6,

1

GENERAL ELECTION CALL Accused

Mr. Churchill Attacks The Government

No Conservative Wish For

Coalition Cabinet

Woodstock, Aug. 4.

Mr. Winston Churchill charged today that the Labour Government had "frittered away" the American loan on "indulgences" such as picture shows and tobacco instead of spending it for Britain's recovery from war. "When you borrow money from another country

for the sacred purpose of rehabilitation, it is · wrong to squander it upon indulgences," Mr. Churchill said.

The Government statement, expected on Wednes- day to make drastic curtailments, did not offer any measure "that would not have been far more effective if made a year or six months ago."

He added that the Labourites had waited until too late because "they were too busy planning controls and queues of hordes of officials and multitudes of resolutions."

Mr. Churchill spoke to a fat some of the conditions that gathering. estimated by police were imposed in it."

at between 40,000 and 50,000,

No Shame

on the great Inwn' of Blenheim "However, I relled, and rely Palace, which in the ancestral now, on the wisdom of the fair- home of the Dukes of Matl-minded American

people to borough and Mr. Churchil's make the necessary casements birthplace.

without which the polley for sacrifices will certainly fail in which they had made heavy

its effect.

He said, "The foundation of British polley must be ever closer association with the Unit- ed States."

had

NO THREAT TO FRANCO

Washington, Ang, 5. The Foreign Policy Asso ciation reported last wight that while Franca, the Span- iah Generalissimo, "is pulled by Spain's pariah position in world agaire, hir government faces no serious or immediate threat froms: the outside."

The comnient appeared in a survey prepared by Robert Okin, former foreign corres- pondent in Spain for the private research organisation,

Associated Press.

|

Death From Chlorine Tablets?

Spirited Away

an

Budapest, Aug. 4. A Hungarian govern- ment communique to- night_asserted, that ⠀ American citizen arrest- ed for allegedly slander- ing the Hungarian Re- Vere Beach, Fla., public was seized from 'a

Aug. 4.

political police official The death of Thontas and was driven away in II. York, 34, from aan automobile bearing chronic stomach American licence plates. order is, believed to have zky, was being taken from the The American, Stephan Thuran. been caused by misuse of People's Court building to politi.. water purification tablets cal police headquarters at 60 during the Battle of the Andrassy Street, at the time of

the Incident, according to Bulge of World War II.

communique.

dis

York was a captain in the 12th

Field Artillery of the 2nd In- fantry Division during the bat

the

"They (the political police) in- tended to escort Thuranszky.... for new interrogation. to political police headquarters

EX-PRESIDENT DEAD

When he came here a year ago he related he and his men tective escorting him left the "When Thuranszky and a de. were issued British water puri-court building, three strangers, fication tablets which lacked in two men

and a woman, seized structions for use.

Thuranszky and pushed him into tive. Owing to the follies and

He and his men, York sald, a little car bearing an American indecisions of the Socialist Gov-used the tablets in small can-llcence, waiting in front of the ernment. the great part of the teens when each was designed building. The car-with-Thuran quirements of our industry ner York charged that many of the man, drove away, the communi car has been spent, not on: re- to purify five gallons of water. sky, the two men and the wo. upon import of basic foodstuffs. men der from the effects of the que said.-United Press, "There is no shame in one "Instead, much has been frit- tablets and he himself was hop- The Secretary of State. Gen-injured in a common struggle, and tobacco and in large quan brave and faithful ally, deeply tered away in American filme

pitalised and sent back to the cral George Marshall,

United States. "Atated publicly his plan for cover and stand upon his feel. however

making another to help him re-tities of foods and fruits which, alding Europe

desirable "directly WIN

48 Indul- linked" with the

Had the positions been revers-gencen, were not indispensable Churchill scheme for a United States of same for them. Therefore,

ed, we would have done the to our active recovery... what Europe, Mr. Churchill said.

can be thought of a government He rejected talk about'a conli. supported the American lean which has drifted on from day tion government and sald "the and I also support and justify to day until the loan is nearly only hope of national recovery" Staten, provided that we are do

further appeals to the United exhausted? would be dismissal from officeing our best, that we are mak- that Mr. Attlee can make on "There is not one proposal hy the British ectorate of ing the most of our resources, Wednesday that would not have those who have no obviously that we are determined to be-¡been far inore effective if made failed In their task."

He called for a general elec and system at the earliest mo

come Relf-supporting nation a year or six months ago." tion and said that unti! the So-ment and will put aside every ernment leaders had "exhausted Mr. Churchill sold the Gov- cialista were defeated "there impediment and labour long and whatever energies they had and

will be no recovery from our hard. present misfortunes,"

tain bor

Europe from Stettin on the Bat

York worked as a bookkeeper here and suffered periodic at- tacks of stomach illness which caused his death on Saturday United Fresa.

Lima, Aug. 8. Jose Pardo, 83, twice President of Peru, died on Monday--Asso elated Press.

Demob Rate To

Be Speeded

Londo

Up

Without waiting for the return of Field Marshal

London, Aug. 4. Lord Montgomery, Chief 'of Imperial General Staff, the Defence Committee of the Cabinet today met to discuss urgent plans to cut Bri- tain's armed forces...

consumed their time and He declared that it was not

U.S. Loan

thought in carrying out their "It is when we are not try-party fads in choking the House Britain's aim to divide Europe,

Commons but it is true that an iron curing our boat, not making the of

with partisan most of ourselves and our re- legislation, in discouraging and descended Deross

sources, not pursuing a wise even paralyzing business enter. If er practical policy, not coming price by nationalization schemes forward де д United Nation, of ΠΟ productive value, but not trying to deal with pro which cast their threatening blema on their merits, that shadows and interferences for there la humiliation in asking and wide over the whole field and receiving sid from a mighty of British industry," and friendly ally.

tic to Trieste on the Adriatic."

Evil Plight

"We do not wish the slightest il to those who dwell in the East. Let there be sunshine -on both sides of the iron cur.

"The object of the American loan and its only possible justi- fication was to enable us to get dur industry and agriculture

with the working

activity and to bring in

the plans are approved by the full Cabinet to- morrow, they will be announced by the Prime Minister in Parliament on Wednesday as part of the Government's new crisis policy. One likely estimate is that 800,000 men will be demobilised between now and the end of the

Five-Day Week \'yeur, which would have the 'ef- fect reducing British mill- men.

American

He sharply criticized the tary strength to about 1,000,000 Attitude To

Indonesia

tain and if sunshine should be equn on both sides of the iron curtain, the curtain will be no

management of the nationalized fullest coal mines and recent imposi- more. It will vanish away like

Forces in Italy, Austria, the mists of the morning and

thetion of a five-day week for Grecce and the Middle East mett in the warm light of happy accesary food-for we grow miners and said: "They have would be chiefly affected by the

Washington, Aug. 5. days and cheerful friendship."

barely half we need-until con- got to realize that a five-day cut.

The State Department sald to- This was Mr, Churchill's first ditions of world trade were re-week founded upon an Ameri-

Political observers belleve the day, that it is giving no con- It was thought this can dole in the shape of im- Government's political speech since his recent stored.

urgent action) sideration to the possibility of take between illness. He told the Conserva- would

three or ports produced by the exertions shows its realisation that cuts recognition of the Indonesian tive rally today that "our minds four years of good administra of American working men is in the forces have become one Republic as a separate, nation. are oppressed by the evil plight on, strict economy and united not likely to last very long un-of the two main tests of the A State Department official into which our country has effort by all parties and classes less it results in improved pro- Government policy in the eyes recalled the American Govern-

under conditions fallen."

of growing duction."

of both trade union and Labourment had extended "de facto" "Cabinet Ministers tell us freedom from wartime restric Mr. Churchill also criticized Fatty left wingers. The other recognition to the Indonesian every week-end how bad our tion."

the Government for:

test is that of steel nationalisa- Republic last April, position is and that the twelfth. Mr. Churchill said these

"Wild financial extravagance" tion.

This is the most the United hour will strike before the end hopes had not been fulfilled and in which the Government cost Events of the past few days States can do under such cir of the year. The main facts the fault was not wholly that £3,000,000,000 yearly, or more have indicated that the Loft cumstances, he said, because are obvious to every thinking of the Sociallet Government, but than three times the pre-war Wing is not likely to oppose the Indonesia is not a wholly inde- man and woman. Under the partly because of rising prices budgets.

Government's appeal for over-pendent nation under agreements capitalist system of free enter in the United States.

Too great expenditure on the time work and all-round sacri- with the Dutch. De facto" prise, we had bred in Great Bri-

"This is an aspect I am sure Army and Navy "for such men-fices to meet the crisis, provid- status means that the United tain nearly 47 millions of peo that the United States ought gre results in fighting power." el satisfaction is given' on these States recognises Indonesian Re ple, whose progress was con- and will take into consideration Failure to inform the United two crucial fasues,

publican Jendera only stant and, whose standard of in relaxing conditions which | Nations that Britain could no

#B authorities in the areas. they living before the war was al amper our purchaser in ster-longer bear the burdens of in-

hold Associated Press. ready the highest in Europe.ling from our Dominions and sult and injury in Palestine.

"I could not have believed, on colonies the morrow of the German and Japanche surrenders that so 'short' a period of time could .bring us all. so low. Nearby, on the continent of Europe, we have seen countries which were conquered, ravaged and strip- ped by, the enemy and were Uborated by strong arms, which already have restored thriving active life to their peoples.

Pains And Penalties

"But we of, proud · Britain,

who stood alone against a

Frittered Away "But there are other reasons why the loan has been ineffee

Lending or spending abroad "without any return"t more than 740,000,000 since the end of the war-United Presa, -

More Hooliganism In Liverpool

Liverpool, Aug. 4.

mighty tyrant, who kept the Anti-Jewish demonstrations were renewed in

flag of freedortifying unaided for more than a whole year; are now forced to live on foreign aid "and also to subject our selves to privations worse than those in the war. And if these hardships fall, there Hea bafora

Leftist Critics

While the Leftist : minority within the Labour Party is far! too weak to influence seriously the expected Parliamentary ap- proval of the crisis programme, the cooperation of Leftists in the trader" ́unions... leg of utmost Importance to the Government, who know well that any organ- ised opposition by a minority may be enough to foil the all- out efforta needed during the coming months.

The Government will find It more dificult to satisfy its cris. tics on steel, than on manpower. For the time being, there- fore, they will probably hold "off" announcing their new steel pinn, waiting Instead for reac tion by trade union leaders to Mr. Attice's crisis statement on Wednesday, but the course of the debate in Parliament may force them to disclose it earlier than they intended.

Liverpool today as a crowd, several hundred strong, gathered in the shopping area and tried to loot from premises where windows were smashed in the disturbances last night. Police arriving on the scene broke up the crowd. In one case, a group, including of looting and more would have men and children, entered: a occurred but for preventive action [damaged, drapers and fallor's taken by the polico "Such are the facts laid be-store and scattered the account The Lord Mayor of Liverpool fora un by the Ministers of the books, bills and papers in theist the palics in the prevention

today appealed to citizens Bociallat Government and con- streot.-PAIN firmed by all that we can learn Today's outbreak was the first of attacks of property and shops for ourselves. We are told that day time, disturbance in Liverpool supposedly owned by Jews, do will be assumption by the Gov-

the lart, ofant Samitic claring this form for demonstra

as not only bankruptcy,

A

Out Of Combines Principal

ipal feature of the plan

¿Minister is to unfold another owns, Including Glasgow," Man- Palestine, was "not only; inethe" now vested in the Iron and on Wednesday next;, tho. Frimestrations, in, several, British tion against the terroristein ernment of the directing power catalogue of pains and panachester and London which follow-five, but unfeir and un-English fles which everyone must enda last week's hanging by Jewish Reuter.

duro.

terrorists in Palesting Inapito of all our warnings, British sergeanta): *he has left attion do Inte I fear Z Antondial statement, today by that bis measures will not be the Chief Constablé of Liverpool equal to the emergency and will disclosed that in last night's dine

(be another

there were: nt of priya turb

restriction

FIRST TIME

Stes Federation, and the buy- Jpg out of steel combines whone contionalisation * la Identified

with

Hinter

A bound to estremiste outside kant even inside the Cabiflet

JANE

Union Insurance Society of Canton, Ltd. British Traders Insurance Co., Ltd. The China Fire Insurance Co., Ltd. North China Insurance Co., Ltd. The Yangtsze Insurance Association, Ltd.

The undermentioned joined the Boards of Directors of the above Companies na from 17th July,, 1962 Jo

C. BLAKER, Esq., (Chairman) DY. F. MACGREGOR, Esq. N. 0. C. LIARSH, Esq.,

M. 'H. TURNER, Esq.,

The Directors announce the re-establishment of the Head and Registered Offices of the Companies at Union Building, Pedder Street, Hong Kong, as from 17th July 1967: ·

W. HUGHES, General Manager.

Union Insurance Society of Canton, Ltd.

Abridged Combined Revenue Account for the

Fund at beginning of the year Additional Reserve

31st December, 1946.

€1,824,670 Claims Paid

524,500

year ended

284.03.

£1,245,208

Premium Income after deducting

Returns, etc.

£2.149.170

3,027,334

£5,176,504

Commissions, Expenses and Pro-

vision of Taxation Transfer to Profit & Loss Fund at end of year Additional Reserve

1.1103

2,011,044

524,500

£5,175,504

Consolidated Balance Sheet on the 31st December, 1946.

Shareholders'' Capital:

Authorised

Issued

Faid up

General Reserve

Reinsurance Fund

LIABILITIES.

200,000 Shares

of £10 each £2,000,000 135,000 Shares,

of £10 each £1,350,000. 135,000 Bhares

of £10 each,

Exchange and Investment Fluctuation Account Leasehold Reserve: Account

Marine Fund

Fire Fund..................

Accident and General Fund

Profit and Loss Account

Accident and General

Staff Provident Fund Unclaimed Dividends

£ pald

£810,000

810,000

'600,000

- 387,414 -/

€2,222

1790.188:

607,504 198,454

301,939

£5,607,710

Claims admitted or intimated but not paid:

Fire

£178,048 87,459

286,502

503.147

74,902

'874 288*

500,843

185,625

27,978,029

Provisions for Taxation and, other Contingencies Sundry. Creditors and Credit Balances Provision for Dividends payable 20th May, 1947

ASSETS

Mortgages on Property out of the United Kingdom Investments:

Deposit with the High Court, London, British Government Securities British Government Securities Dominion, Colonial and Indian Government Securities

.::Provinciai

Municipal

U.S.A. Government Securities. .........a

Other Foreign Government Securities USA. Rallway Debentures an Other Railway Debentures

Railway Preference and Gudranteed*Blocks U.S.A. Public Utility Debenturea, Other Debentures

Other Preference and Guaranteed Stocks

Shares in Maring, Fire & General Insurance Cos... Other Ordinary Stocks and Shares

House Property-Freehold (at cost, less amounts 'written off)

-Leasehold (Y

-do-- Bundry Debtors including Branch & Agency Balances'.............. Interest and Dividends accrued but not payable Cash:-

On Deposit...... On Current. Account

All figures in Sterling.

11.667

123,002

1,479,091.

1,306,089

87,695.

88,228

093,951

72,733

82,088.

19,373

14,850

81,077

90,252

47,789

439,843

203,680

231,700

301,500

984,003

58,154

£205,044 1,131,740

1,338,784 £7,978,029

A. W. HUGHES, General Manager.

It has that real taste of Malt that nourishes and

It gives an extra zest for work and play.

INSIST ON

TECATE BEER

It Batisfies the Discriminating

GHAY-BROTHERS

Windsor, House

SAFDI

Solo Ageo

WHAT WAS THATS

KPLOSION!

GATHER

“WHAT

·IT MEAN ®

'MEANS THAT:

(MAKING-A-

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