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LANDAU--AL the Queen Mary Hospital, on Tuesday, 26th August, 1947, at 10.45 nm.. of Jimmy's Kitchen, aged Anwa Landau, late proprieter years. Shanghai and Singa. pare papers please copy.
NO ALARM
cent. x
from
It is noteworthy that there has been little sympathy in Britain with the vigorous protests against the new 75 per Hollywood's profits the British Isles. No time was lost 114 tim cinemasowners in asso Liating themselves. with the American film-producers" com. Falainn ainst the tax. Exhibitors
uld not grieve unduly over a Janel Inas which simply attested their foreign suppliers:
THE CHINA MAIL, WEDNESDAY, AUGUST 27, 1947. N
Inflation In Japan Gets Worse From Day to Day By Denis Warner
b
Japan is governed today by a The reopening of private trade. Its inhabitants are feudal peo coalition of three parties, the on August 15 will help. Thore ple oppresse 1 by centuries of often Social Democrats, Peoples Co-Is no question about that, But nesh overlordship and who are Operatives and Democrats, led there will be many disillusioned thus meek followers of accepted
nutherlly, by shy, Socialist Tetsu Katayama foreign traders in Japan in the are immensely hard working ann Simultaneously, they and suave Hitoshi Ashida, De- next few months. puty Prime Minister and Forelyn Minister, whose diplomatic train ing, manner and polish is in marked contrast to the nervous diffidence of his leader.
Russia
The yen is a big problem in hardy and have great recupera
tive ability. itself. Before the war it was
Today they are friendly with valued at approximately fout to the Americans. They prefer the now know tho the gold dollar. With the arenemies" they
the who live across rival of the occupation forces it "enemies" was fixed (for occupation forces na. There is fear in Japan that narrow waters of the Tsushima In opposition, pouncing on the only) at fifteen. Laler, after Sen.
be tho Government's difficultien and the Introduction of milliary one day tha Inn may
scene of conflict between errors Is the Liberal Party seript, it dropped to 50, with and the United States. For the (Conservative), with Shigeru | blackmarket rate of 150. Yoshida a former postwar Prime Minister, as lealer. For the moment the Libernia are con. tent to watch the hapless conll- on ploughing into a maelstrom of economic difficulties, Any the peace treaty attempt to usurp power before would be a cardinal error. The Liberals know they are regarded as the *****olu “gand" - that responsibility in these difficult daye would be disadvantageous to their own cause in Japan and worse, In- ternationally inexpedient.
Helpless Inertia
A combination of circumi-
Various
mament, at least, there is also support of the United States. "If MacArthur Exchange Rumours
П wanted millian Japanese to 1ght Russia and call- rumours have eired for volunteers, ho would get culated that an international rate them in a day", a former Japan- would be fixed before the pence ere anval afficer told me. treaty is signed — and the intest Ginza rumur la that it will be 200 yen to the guid dollar. This la probably a little worse than the true value of the yen, but it would be impossible to predict how long even this rate could continue as a true rate.
Inflation becomes worse from
andi fish and
whoxe
Canberra
There is the nation that the Canberra conference must diatuss.
As an ally it fought with us in 1914-18. As an enemy It fought viciously and treacherously against us in 1941-40.
Today
tarina it is disarmed, demili-
demobilised.
What
Its plneo has! f whn, wual determine
of their
power.
CARNIVAL TUR
By Dick Turner
RSDAY BY NCA SERVICE. MC.Y, M. NED U. 3. PAT, DIS
11-24
"And if you just happen to leave a medioat book in thoir, rooms, you'd be surprised at the new ailments they develop!"
BARCLAY ON BRIDGE
By Shepard Barclay
*The Authority on Authorities"
BOTH SIDES
CALCULATE
(1.5
would not be as worthwhile making -Hearts if we can do it.
I can count in Joe, from his bids,
day to day. The Zalbatan, the his position.
No one could envy Katayana old capitalist elique.
It is for Canberra and the con- Almost without wealth was append by directive ferences that follow to determine
what it whall previous
be tomorrow. political experience, of General
MacArthur, bas
The
are obvious, certainly without administrative, virtually vanished from the the knowledge and background, he dustrial scene.
Chile and fool- has an economle crisis on bin been taken by the new yen hardiness
begiae. In the Meiji hands incomparably worse than millionaires, whose source of period the fenonest people reveal- that now confronting the British income In the movie theatre, ed themselves : the most as Labour Government,
strip tease show, taxi dance hall tonishingly receptive people in the and beer garden and contracting world. From the mist
self-ordained relazion they came rackets,
And by the blackmarketeers in fifty years to necupy a posi
Members of both contending for the equivalent of one spade but the American film industry stances by the end of the war had who control the rice and wheaton as a lending world
with a powerful Army, Navy and ta threatened to counter the reduced Japanese idustry to staying off starvation only be win
salt in a land Air Force and a determination Pairs are driven on some deals to housur to redsen our lasers there by fores the "breathing use of their calculating powers.ts a single trick, and he un- more of the British Treasury by state of helpless inertia. All. cause of the altruism of the
space"
for which even now they At the crucial stage of the bid-doubtedly can plus up the red
ding, they in effect got out the Leasing to supply new films at all. civilian production had been dis- United States.
the its a we will lose only one in clamour,
adding machine and total up the hearts or diamonds," So he had the The output of British films being continued to meet the needs of The Japanese claim that re- Japan must take its place in number of points to be gained or 5-Hearts. As it developmi, twh mired he paucity of studios, the the armed forces; Superfortress covery will be impossible with the eronomic fraternity of the lost by the choice between altor tricks were lost in spades, a fast
world. Commonsense calls for emas would then in a few rails had destroyed nearly a ont foreign credits and the re- that. But cominonsense demanda antive actions. Then each of thein | compensated for by the souths be reduced largely to
of Japan's famous "backyard" laxation of some of the torms also that she should not be bunit i endeavours to choose the option losers in the red ruils when the factories, had blasted the econo of the Potadam Declaration,
up by the peace treaty to a level the more profitable to his inter- Incidentally East and West niso Tokyo-Nagoya- triangle,
By foreign credits they mean where she may again threaten the Osaka, into a vast junk heap. dallars-and already the occupa security of the Pacifie. Nor should eats, or the less unprofitable, an) did the perfect thing for their
ould the case ma Because of war urgency these thon has erst the United States a she be given opportunities greater and a proportion have to close factories and planta that remain- fabulous
Even black then those avalable for the Allies heir doors is obvious, But, it ised had received little maintenance markoleering by American troops whose lands she plundered. rged by those outside the indus since 1941. The supply houses before the introduction of military che must not be left so weak in- have internally that she should. be in ry. this in itself is no conclusive of Manchuria, Korea and Forscript is estimated
mosa had been lost by the terms valved the United States Treasury danger of filling a prey to the against stopping-
in a loss of some $60,000,000. greed of there. the Potsdam dollar leakage of £17,000,000 a
(Also the United States Congress The attributes of the Japanese 59 year. The plight of tobacconists, There was no international trade play not fest over enthusiastle at people, their industry, the
upon which industry might hope the prospect of financing a former ability, their tirelessness are all (many of whom are also news-
to revive, Nor were there any enemy when many Allies are still factors that will have to be con gents doubly hit by the cutting foreign credits
10 rebulid the in stres
sidered. if tobacco imports and news shattered plants. And, finally, not, is at least as deserving of over all this depression hung opathy. If there is no more the threat of reparations and the
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p re-issues of ad films
mic
and foreign. That picture-houses would suffe
Argument
of
Declaration.
Plebiscite Demand
:
Yet
which he thinks promises to be trump finesse worked.
be.
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the concerned over the reduction of whatever inclus statesman of Japan, crystallisod a. Jovan and (2) to the realities of Erst
remained.
Qanka,
to
with 租
or
is that
GH South making that last bid. Clem Road, veteran star of the
Tack of
side. The 6-Clubs ould have been
set exactly two tricks by ideal defence, and the same would have been true of 4-Spartes if that Facrifice had been tried instead. Either of those sacrifiers Agured to be worth venturing. But to hid
would again
over the 5-Henrls have been too costly, causing a three-trick set of either black suit bid. They also estimated right in nct doubling 5-Hearts.
Tomorrow's Problem
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Austrian Border Arrests
old Knickerbocker Whist club Now.
York, playing for Metropolitan championship one of his most trusted
partners, Vienna, Aug. 25.
Joseph M. Rothschild. He knew A Brilah milltary patrol has he could depend on the messages norable).
him arrested two Yugoslave on the that came to through the What kind of play must Soulli bla Austrian-Yugoslav frontier fol. bide made across the table, but build to make 4-Spades on
the lefenders have towing the finding of a body of even then he had a tight problem deal after
tricks with the heart A, club A an Austrian-Yugoslav frontier to solve,
"We can beat the G-Clubs two and spado K and have returned gendarme shot near Radkerburg tricks," he reasoned, "but that the club J7 it Styria on Saturday.
Academically, it will be inter- esting to watch the peacemakera and their reactions (1) to the in- Venerable Yukio Ozaki, elder |ternational situation ns. effects norabla) difficulties of American film ex
10 opinion Jaran's internal situation. But the Japanese are Ureless, big section of Japanese porters and British film impor
when he demanded a plebiscite in The peace of the Pacific and the 80 Like ants the former Japanese territories world may depend upon ters than over the hardship of slow. workers. those in both countries who trade holes they used for homes in and the Ryukyus
they crawled gut of the rat of Manchuria, Korea, Formosa wisdom. Reater.
Pase determinu in other commodities, there is their devastated cities and be their future status. What is Im equally no cause for wishing the gan to rebuild. The result to portant in this demand film trade to suffer unduly. The day is fantastic. You may live there is little doubt that many of step originally proposed by film in Tokyo, as I do, and rarely there perple would prefer to live under under Japanese rule than interests to stop the dollar drain notice the war damage. was a freezing of a proportion of {
once completely de-eir present form of administra
Lion. Hollywood's profits, which would vastated, will be the thriving In brief summation, the nation Hiro. the peace conference will consider postpone dollar payments instead centre of private trade. of reducing them outright. This shima proper, where once you consists of four main, mountain- solution, however, was deharred could count only thirteen build-ous islands
population Ings still standings, is now a more heavily concentrated por by a clause in the loan agreement, hustling, bustling frontier town.ere of cultivated
cultivable and the Cabinet, in this instance
and than any other country in the world. as in so many others, tried to
it la desperately short of coal, meet an emergency at the last
All this is largely front, of all. food and fertilisers. It lacks possible moment by inevitably
raw materials for the production crude means. The fresh negotia course. The houses and shops of exportable meds. It is largely
are filmay shanties. The whole destroyed by war, tious for which the Cinemato facade of recovery is largely towns were gutted by bombing.
Its industrial graph Exhibitors' Association ask myth. The stalls along the have doubtless been undertaken as Ginza (Tokyo's broad maln a part of the much wider and atreet) are led with watches. more important financial talks cameras, china, toys. But near- which the British and American ly all of it la gimcrack, the stuff Governments have just completed that no country today can afford in Washington and apparently to buy. And with the develop. with satisfaction to Sir Wilfrid ment of synthetics the bottom is tho Bilk Endy.
The typically British fast dropping out of view is that urut the results are known there is no need to take 100 tragically the possibility that fewer and less extravagant Holly wood productions would be seen
market.
Largely Front
•
attention. America, the journal insists, should be warned that
100 Years Ago
in Britain o, even that the Ex-every time something more is sub- Matt.")
tracted from British willingness jchsquer may lost part of its enter-
taxin cat fax.
•
Our attention was called today
This was the latest of a series
of acts of terrorism along the frontier.
United The British,
States and Austrian police have now tocreased their patrols.-Reuter.]
SHANGHAI BLACK MARKET
Concessions
Hurt U.S. Trade Plans
Washington, Aug.,26.
unres-
shift
The financial concessions granted the dollar-short British by the United States threaten to upset the Administration's carefully laid plans for expanding world commerce on an tricted trade basis, Government trade experts expressed the opinion on Sunday that last week's agreement permitting the British to stop the exchange of their currency may delay Indefinitely plans to persuade other countries to adopt more liberal trading principles. The right of all nations to countries may continue the exchange foreign currencies In- practice of concluding two-way. to any kind of money they need trading agreements and
commerce to countries sponsored trade programme. where dollars are not needed. is a key point in the American their An a result of the Anglo-Ameri- can accord, the British need Trade Decline? honour only part of the de There is a distinct possibility mands for dollars made on that American trade will foll SINGAPORE
them by traders in other coun-off. they said, because other STRIKE OFF tries from whom the British countries that formerly got dol-
Singapore, Aug. 26. buy.
lars from Britain to buy in the A mass moeting of Singapore This arrangement is only United States will bg short of Harbour Board strikers today do "temporary" but neither the funds,
Omelals who asked not to ba elded to return to work tomorrow. British nor the American ofll-
The strikers who stopped work cinis who reached the decision quoted by namo indicated that when an Indian labourer WAS
would venture a guess, on how the American conferees realised killed by a police sentry during long it will take the British to they might not back American an incident at the dock gates four
trading plons when they agreed list of demands, including the ar
་
cur-
show
Shanghai, Aug. 26. The black market exchange ento for United States currency jumped from CNC$40,000 for US$1.00, to CNC$43,000 for US$1.00 within 24 hours after Gen. Albert C. Wedemeyer loft (From the Ales of the "China China. The official open mar ket rato remained unchanged at CNC$39,000 US$1.00.
The back market rate re- to offer genuine cooperation in to the practice on board 11.M.'s maine stable for
more than building the sort of world Ameri-elcamer "Fury," and we have ore month during General (FARE)
cans want. They should realise since learned that the Admiral Tucs, Thurs, & Sat... HK$180.-
PLAIN SPEAKING that the British Government has was on board inspecting her. Tha Wedemeyer's fact-finding tour
of China-Associated Press. firing was made very great efforts and has point blank distance, and the tar- AL from carronades 300.-
Mr. Marshall in his speech ir been willing to run great risks get after being repeatedly 400.- Harvard in June called on the in agreeing with American contailed of its fair proportions wat 200.- European nations for a great ceptions of international economic speedily shot away. The succeed- They are policy. The risks of convertibili-ing practice with smallarma was 350.- imaginative effort.
responding, and in a rare farty have proved all too real. Non-the verge to be in a state of the
equally correct, and, both 35.-
reaching way than might have discrimination, if it is applied in highest efficiency. been expected. In return thethe months to come, will be the Europeans have the right to ask means of starving the British We hear that an Episcopal the Americans to make an equally people. Yet even now at Geneva, Bishop will be out by the end of the year; and In the meantime, great effort of imagination. Let British representatives are in the in addition to the Colonial Church; them forget for the moment their process of committing Britain, the Union Chapel, with an excel- own conviction that their present through the Charter of Inter-tont Minister, is open to Protest- wealth and strength are the resnational Trade Organisation, tuant Christians. sult of a superior virtue and re-sweeping general principles, member the European's conviction which however excellent in theory Road, Victoria, begs most respect. William Byrne, Tallor, Queen's that they are merely due to sheer pre likely to prove in practice fully to invite the attention of luck. Let them worry less about equally dangerous. No Govern Gentlemen to his Establishment. what they can afford to give and ment could have put more of its The Public will and it to their more about what they cannot own interests in pawn to pledge made by him, instead of sending advantage, to have their Clothes afford not to give. Let them its 'good' will; no other Govern- to London or elsewhere. above-all-zry"to realise what it ment_has_tried to make....a_similar. The Palatot, Wellington Coat, feels like to be in other men's effort. "Yet those who would and Rochford Shooting Coals now shoes. This is the main theme of search in Washington for the much worn in London can be stod to order; well cut and sub- the striking article on the dollak credit that Britain has earned stentially made arileles, unlike crisis in the "Economist" which theseby would need the patience the Slopes imported into this coun- Įbas naturally attracted worldwide of Diogenes."
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•
Jays ago today submitted a now to frog convertibility,
The United States has spoken to allow the British to suspend
Reuter,
rest of the policeman, and asked up frequently during the past the dollar conversion feature in. for satisfaction within 10 days-several years in favour of freer, the $8,750.000.000 loan.
trading among other countries It was either a case of saying as a means of insurfog prosper-no and taking a chance that the ity and distributing world" ro- British would go bankrupt, with sources more equitably. These resulting worldwide chaos, or FREAK STORM
principles wore embodied only accepting the commercial blue- Rome, Aug. 25. last Friday in a draft charter print now being worked out. A. freak storm at Lecce in the for an international trade or These officials stressed that "heal of Southern Italy killed ganisation approved by 17 na- the United States will not give jockey and Injured 39 Tace. tlous after three months of in-up sta trade principles and will goats when a cyclone suddenly tensiva negotiation in Geneva, watch the British closely and As long as the British cannot inalat upon a return to conver- hit a race course during a mest. ing yesterday and started a meet all requests for dollars, tillity as quickly as possible.---
these offcials feel that otherl Associated Press. panic-Reuter,
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