1947-08-06 — Page 7

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THE GENERAL AGENTS

THE CHINA MAIL, WEDNESDAY, AUGUST 6, 104,

BRITISH AUTUMN BUDGET? To Counter Inflationary Dangers

TALKS ON THE RUHR

Washington, Aug. 4. The Anglo-American Con- ference on Ruhr 'coal prodne. tion will begin on Aug. 12, aflor repeated postponements, the State Department

pounced today.

Following The

an-

American in- vitation to the Ruhr tallee early last month, Britain sent a formal note to Washington urging that the agenda be broadened to include all, maï μποδίστηκ of the Anylp American

Zones. The note suggested that if America did not agren to thin, the Washington meeting

should be repldeed by cool talka in Berlin. The auguOR- tion was rejected and Britain then agterd to Washington as the venue-Reuter,

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How's your Cold?'

Scotland

GOVERNMENT PREPARED FOR

DECISIVE ACTION

London, Aug. 4.

The Government is prepared to introduce a special autumn budget to coun- teract any serious inflationary dangers that may arise from the measures it will announce on Wednesday to meet Britain's present economic crisis, it was authoritatively learned today.

The most serious problem may come from the in-

creased spending powers of workers in indus- tries whose production will have been stepped

up.

•

The Government will take a decision on the ques

Another

tion of an autumn budget only after it has been Snub For

able to study the effects of its proposed vast re- deployment of industries and trades that would. be producing more and others that would be producing less.

Russia

LAKE SUCCESS, AUG. 4. THE UNITED NATIONS SECURITY COUNCIL LAST NIGHT CONSIDERED THE RUSSIAN RESOLUTION ON GREECE.

Main points of the resolution were:

1. Grecco is responsible for the border. incidents,

2. The Greck internal situa- tion in the cause of the troubled frontier.

The Prime Minister, Mr. In the next few weeks, the Clement Attlee. In a 90-minute Government will have to take a speech in Parlament son Wed- decision upon the iron and steel nesday, will give Britain industry, from which, in the the world a complete picture of Interests of the economic drive, the country' econamila plight | it in determined to get a much and the Immediate measures larger output. This industry is which the Government proposes scheduled for nationalisation in to meet it,

the next Parliamentary session. Todiny, Mr.. Alilee had a pre. It may be that, in order to iminary meeting with the fan get quicker control than would cial group of Cabinet members. be poible if the highly con-

A special meeting of the De- froversin! stce) nationalisation 3. Greek internal disorder is fenee Committee which in hill goes before Parliament next partially caused, by foreign in- elades all of Britain's service year, the Government will, as a terference. London, Aug. 4.

chiefs --- was also held at No. temporary expedient, RASUMC The Russian resolution also 10, Downing Street, of service national direction though owner demanded the withdrawal of The outbreak of polio manpower. This is one of the ship of the tron and nicel indus- foreign troops and the setting (infantile paralysis) the principal cuts which the Govern- try.

up of a special commission to dreaded-summer-diseasemont Intenda toimike with the It is tongidered unlikely that supervise foreign economic aid which so far has beenbject of stabilising die natural theo will be any positive diree to Greece. confined in the British coomy through the boosting of tion of labour in specifie Inder-

Introducing the resolution, M. exports, and the restriction of tries. The Government's pur-Audrel Gromyko, of Russia, de- Isles mainly to the north imports. .

pose will be achieved rather, scribed foreign all to Greece as and south of England, The reports of today's con- from the positive direction of being an attempt by "certain has now spread to Scot-ferences will be placed before a

powerful states to impone econo- meeting of the fill Calduct to- It follows that industries mic and political slavery". land.

morrow, which will approve the which have been furnished by The Soviet resolution was, lost Government's scheme and Mr. the Government with unlimited by nine votes to two, with only Attie's speech in the House of supplies of these two essentials Poland and Russia in favour.- Commons the following day. will be working overtline where Reuter.

us industries whose, allolmenta luve been curtalled will be working short, time,

About 70 саяся Bre being

treated there.

More deaths and new cases) were reported throughout Bri-i tain today. In the week ended July 26, 302 cases were repart. ed in England and Wales, the highest total in any single week, and an increase of 126 cases from the previous week.

The Ministry of Health be- lieve that the incidence of the

disease will continue for some time yet. Reuter.

CHINESE HEALTH

Key To Plan

raw materials and coal.

Quarters close to, the Cabinet

The key to the Government's plan is a wholesale redeploy make it clear that the Govern ment of industry that will draw ment is ruling nothing out of its more and more productive present economic review. capacity into:

of, exports, and..

Import Cuts

Indian Currency Restrictions

New Delhi, Aug. 4." Further to the restrictions on capital remittances to sterling 1. Those Industries which provide the country's best types will be allowed to stand in the decided to take action to secure. No administrative difficulties area countries, announced on July 8, the Government of India have 2. Other industrica whose way of any proposal calenlated that exchange proceeds of all job it will be to, produce como terease production for actuni exports to such countries should to the India Exchange modities for the home market export or for home markets to acerue PROPOSALS

from to replace those that will not replace exports

dollar Control.

The Fluance Department today New York, Aug. 4. longer be imported from abroad. countries. Surgeon General Robert K. S 'This plan inevitably will des The strongest sanctions will aid that from Aug. 19 all ox Lim of the Chinese Nationalist press the non-essential indus- he available to ensure that in Porters will be required to furnish Army said today that despiteries of the country, but is not efficient managements can, if declaration that an amount re

presenting the full value of the the woeful need of trained ten xpreted to produce unemploy- necessary, be set aside.

goods to be exported has been or chers China was proceeding ment since the intention is, by

will be disposed of in the manner with plans calling for 30 years regional schemes, to absorb

and within the parlod specified by of intensive work to establish labour from the non-essential

the Reserve Bank, huge medical centres and train-tigdes Inta top-priority indus ing. stations.

trics. Government will take Stepping off here en route powers to extend its present home after attending the Inter-control over labour, national Congress of Physiology The Government still possess at Oxford, England, Lim said wartime powers of control of that at present only 12,000 doc manpower in the mining and tors were available for China's agricultural industries. Opera- 450,000,000. He said Japanese tives in thean Industrica facilities for 8,000 in Shanghai move from one firm to another had been taken over while an-but not out of the industry. other centre was Pelping,

may

to

The draft programme of im- art restrictions decided by the Government has yet to be re

Action has also been taken vealed, but-it-may-be-assumed that petrol ranks among the withdraw with immediate effect the transfer of dollar consuming

commodities permission for

securities, expressed as payable on which a saving will be made, in rupees to sterling area sun- together with films and various tries and to impose other milnor items of imported foodstuffs, restrictions to conserve the coun- This aspect of retrenchment try's foreign exchange resources. Germany, where the main atrain July 8, remittances of capital to involves the British Zone of Under the announcement of

caused by her financing of Ger- limited to those required for de- upon British dollar resources is

aterling area countries word' finite trade payinents: man Imports.

and par The curtailment in the volume amounts of £250

onal remittances were rostrict

9,800 and variety of consumer goods rupees. Reuter. This machinery of control { that will be available for im-

port under the now plan is danger signal of which the sidered necessary doubtless. It Government is well nware. will deal with, this..problem. Taken In conjunction with the It has already oven made it Increased "spending money" clear, however, that the Govern that will be earned by priority ment does not propose anything industry workers, it points the In the nature of compulsory way to possible Inflation unless "loans" to the State or an ex- controlled.

tension of the

post-war credita

To Be Extended

He discussed matters.with Dr. Jerome P. Webster, Director of the American Bureau for Medi- cal Aid for China, for which will now be extended to cover organization Lim la the advisor large number of essential in China-United Press.

trades.

NOTHING TO TAKE APART OR REASSEMBLE AFTER SHAVE JUST WASH IT IN WATER SHAKE TO DRY THAT'S ALL

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That the Government has a Heavier taxation must not, plan for this control is certain, however, be ruled out as a and if an autumn budget la con posability-Router

WHEN TRAVELLING. TAKE

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