1947-12-13 — Page 7

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THE CHINA MAIL, SATURDAY, DECEMBER 13, 1947,

SOVIET GRAIN FOR BRITAIN Agreement In Trade Talks In Moscow Exchanges Of Goods

London, Dec. 11.

Britain will get a substantial quantity of coarse grain from the Russian 1947 harvest under the Anglo-Soviet trade, agreement, Mr. Harold Wilson, President of the Board of Trade, an- nounced to a cheering House of Commons to- day.

Further cheers greeted the fact that there had

been an agreement in principle on the "whole. range of subjects covered."

There would be no payment and conditions had been agreed. by either side in hard or scarce It was just a question of set-

tling quantities and price.

currency.

The contract for the ship- Mr. Wilson said that the 'Bri- ment of grain included

Ambassador antish

was HOW agreement on quantities, prices working with the Soviet side and detailed terms,

drafting the terms of a formal In addition 10 Immediate agreement which both sides supply of certain goods from hoped would be ready for Britain, provision was made signature, together with the for A Soviet Importing or contracts the supply of

certain British ganisation to enter into con- grain and tracts with appropriate British goods, In the near future. firms for the supply of en- gineering equipment from Bri- tain.

for

Yugoslavia

SIGNING

NEXT WEEK

Moscow, Doc. 11.

The Anglo-Soviet trado Agreement, news of which was splashed in all Moscow papers tonight, will prob- ably be algned in a week or 10 days,

At the moment, the post- tion is that certain heads of agreement have been reach- ed, including number of agreed clauses, but con-

work IN on $110 draft

Kiderable necessary AgTecnont.

Four members of the Bri- tish rulssion have remained in Moscow' to clear up the details of the agreement, which they should be able to do in a 10-day period unless unforeseen obstacles arise. Then members are continuing their meetings with their Soviet opposite numbers today. Reuter,

Hitler To Be

Frankfurt, Dec. 12. Denazification proceedings are to be, taken against Hitler

and Eva Braun to clear

up

"We also greed that next in Belgrade, a highly-placed Tried! May there should be a further Yugoslav official stated that discussion to prepare long-term the only remaining obstacle in supply arrangements over a the Anglo-Yugoslav trade talka wider range of goods providing was Britain's inability to gua-

rantee delivery dates. for a balanced programme of trade between the Lwo COURS

All other stumbling blocks questions about the disposal of

their estates. tries.

were "more or leas" removed. Fixed delivery dates were 28- sential for the Yugoslav five- year plan, he said, and

in- definite waiting for promised machinery would "throw the entire Industrial plan out gear."

Long-Term

"Our

aim was to secure a long-term balance in trade and

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our two countries:"

MP. Wilson added that the Inika

conducted

were

in A

friendly atmosphere.

Replying to questions, the

President of the

Board

of

Trade said that an agreement in principle had been reached

on the terms of payment of the British credit advanced In 1941. the details of which would be announced later..

Amid Labour cheers, Mr. Wilson stated that the Soviet Vice-Premier and Minister of Foreign Trade, M. Anastas Mikoyan,

that had told him when the contracts were sign- ed, the grain would be avail able for shipment at Black Sen ports within two OF three weeks.

He said that the quantity and price of the grain was fixed be- tween 5 a.m. and 6 a.m. yester Jay.

The agreement was warmly .welcomed by Mr. Anthony Eden, the deputy leader of the Opposition.

Contracts Ready

Mr. Wilson told another questioner that timber was dis- cussed to a very great extent but he was not anxious to enter into an immediate agreement because among other things, the timber shipping ports were already frozen.

When the talks were resumed next May. timber would then! come up and the Government hoped to negotiate a satisfac- tory agreement for the ship. ment of such timber as might be made available.

The President of the Board

of Trade suid that they had

the contracts ready and terms:

19

of

Under the denazification law those convicted as "major of fenders" are liable to confisca- tion of their estates.

Foreign Exchange Decision

NANKING, DEC. 12.

THE NATIONAL ECONOMIC COUNCIL DECIDED AT A MEET- ING LAST NIGHT TO GRANT IMPORTERS FOREIGN EX CHANGE AT THE OPEN MAR- KET RATES FOR IMPORTS OF FLOUR, WHEAT, RICE, COTTON, COAL AND FERTILISER, WITH A VIEW TO RELIEVING THE SHORTAGE OF THESE DAILY NECESSITIES IN THE COUNTRY.

It was also décidest at the meeting that the Government will largely purchase such native products (saya beans, bristles,`tung oll and tea from private merchants with the aim of increasing the Government's for eign exchange reserves.

Finally the Council resolved that priority should be given industriai enterprises through the sales of stocks and shares. One economic expert told Reuters that Government control of the market by means of the suspension of loans will cause large-scale unemployment.—Reuter--- APP,

TOSCANINI A SENATOR

Milan, Dec. 11.

The newspaper Milano Sern said today that Arturo Toscanini, world famed orchestra conductor, is among the five Italians whom President Enrico de Nivola will name Senators, Toscanini Is now in the United

The Constitution, now almost com

If Hitler and Eva Braun as well as other Nazi lenders who Stars The talks began In Landon died before being tried

are

choose five Italians who liave made

in August. Yugoslavia is offer- legally classified 1A "major Plete, provides that the President may ing maize, fate and other food-offenders," valuable property italy famous in the fields of science, staffs, and timber in exchange said to be worth many millions sociology, arts and letters a life for engineering and heavy in- of marks will become available, members of the Senate-sanciated

-Reuter. dustrial. plants. Reuter.

Press,

Workmen raise a section of the stainless steel parapet guard which will be erected on the 86th floor observatory of the Empire State Building, New York, 'as a physical barrier against anicides. The parapet will eise semen feet above the floor of the 445-foot promenade encircling the observatory, and will be 1,050 feet above street level. (APhoto)

KRUPPS SOLD PLANS TO

JAPAN IN 1920

Nurember, Dec. 12.

Plans for submarine construction were sold to Japan by the Krupp armaments combine as early as 1920, two years after the first world war, it was disclosed here today to the Ameri- can War Crimes Court which is hearing charges of aggression, plunder and slavery against 12 former high officials of the glant firm.

The construction of submarines! Hitler denounced the

disarma-

in

12 sub.

with

In Japan an these plans was ment clauses of the Treaty supervised by engineers from the 1938, no fewer than

in service Germania and Vulkan shipyards, marines were

both belonging to Krupps.

fully trained crews.

It was stated that with the.ap-

No Dividends

proval of the German Admiralty

the submarine construction" bur

the

eau was founded, disguised as a At the meeting to coordinate Dutch firm with its scat at the factory experience in 1940, Hague so that practical experi- Krupps representative sald: It ence of submarines with foreign should not be forgotten navies could be obtained,

In Sweden

Krupps after

the world

that

war

could keep its factories; going only with great difficulty includ ing the using up of our reserves

At the end of 1923 the German and the Krupps family sacrificing Nawy was working with various ali dividends. foreign navies on experiments The representative sald that with electrically driven

torpe these developments cost the con- [does--experiments which Ger-T300,000,000 marks and many had to abandon in 1918.onsequently Krappa vere short The German firms succeeded his amount of money required, In 1927. in acoperating with the to carry out further Axtensions Swedish Navy on experiments of --Reuter,

this nature with the tacit support

of the German Admiralty

[sording" to'ovidence)

Fulham, Dec. 19.

The City Council la buging the In spite of the limitations placed upon rebuilding by the local war-bombed Congregation- Versailles Treaty, the & prepara #1 Church for extension to the tions had advanced so walk thati kowi's three and, a half months after centre,--Réilter:

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