1948-01-16 — Page 9

PACIFIC ORIENT EXPRESS LINE-

M.V. "VILJA”

LOADING HONGKONG ABOUT 21st JANUARY FOR PACIFIC COAST PORTS

VIA SHANGHAI, TAKUNAR & PHILIPPINES

Salling from HONGKONG, SHANGHAI, MANILA direct to SAN FRANCISCO and PACIFIC COAST PORTS

* M.V. "VINGNES"

M.V. "KOOKABURRA”

·

M.V. "VITO"

Loading Hong Kong (If sufficient inducement)

1

Mid February March Mid April

Vesseln equipped with bulk oil storago facilities

Cargo and Passenger apply:-----

MOLLERS' (HONGKONG) LTD, Agents

Queen's Bullding

Tel, 31156

2nd floor

THE DOUGLAS STEAMSHIP CO., LTD.

S.S.

“ HAIYANG"

Sailing for Swatow

1.00 P.M. 18th January

FROM DOUGLAS WHARF Subject to alteration without Notice.

For Particulars of Freight & Passage, Please apply to:-

DOUGLAS LAPRAIK & CO.

General Managers.

P. & Q. Bullding, 6th floor. Tel. No. 81281

ΟΙ

CHINESE SHIPPING DEPT.

20 Connaught Road, Central. Tel. No. 24688

BEN LINE STEAMERS LTD.

SHIP

8.S. "BENVRACKIE”

8.5. “RENDORAN"

S.S. "RENNEVIS”

SDIP

VN. "DENVRACKIE”

ARRIVALS

FROM UK.

..U.K.

DUE

Discharging Kowloon Wharf Discharging Kowloon Wharf Mid. Feb.

SAILINGS

TO

London, Malta,

Rotterdam, Antwerp

and Hamburg

For Further Particulare, Apply To-

READY

13th Jan.

W. R. LOXLEY & CO. (CHINA) LTD.

York Building

Agents

Telephone: 34198.

ISBRANDTSEN CO., INC.

"FLYING

STEAMSHIP DIVISION

INDEPENDENT”

“SIR JOHN

FRANKLIN”

FROM

TJ.S.A. via Porta

22nd January

Japan

8th January

SAILS

Shanghai, Jinsen, Fusan, Yokohama 24th January

Manila, Singapore, Bombay, Suez & Mediterranean Parts-to-V.B. Atlantic Ports.

A. P. PATTISON & CO.,

GENERAL AGENTS, CHINA, FORMOSA & HÓNGKONG

CHARTERED BANK BUILDING. TEL: '28116.

.CHINESE. SHIPPING OFFICE:

20 Connaught Road, £. Tel. 24630.

THE CHINA MAIL, FRIDAY, JANUARY ́16;~ 1949.′′

EUROPE DOLLAR SPENDING Snyder Opposed To Any Compulsion No Dictation By U.S. Treasury

Washington, Joh, 14.. Mr. John Snyder, Under-Secretary of the Trea- sury, told the Senate Foreign Relations Com- mittee today that he was opposed to requiring the 16 European nations receiving ald under the Marshall Plan to use their dollar holdings In the United States to help pay for European

recovery.

Mr. Snyder said it would be folly to force them to do so as the citizens of these countries he said, had about $4,800,000,000 in dollar assets on June 30 last year.

BRITONS GET MORE FAT

Londen, Jan, 19

Britain's a får ration will be in- irensede from seven), to right ounces weekly from Feb. If the Food

JoAn Strackry,

ed today. "This increase will be main tained during the next three dif- fculi months when the effects of Indispensable cuts in our food supplies from dollar sources at ready announced will be “jar- ticularly felt." Atr. Strackey said. -Reuter.

He added that it would be equal to the dollar grant in aid Resignation

difficult to get the cash readily given by the United States and

on most of these assets as some use it for, the reduction of its In Rangoon

money

No Dietation

WILS

Burniese polllical quarters today forecast the resignation of a few ther member of the Cabinet as result of the measure-Reuter

Snag in Denmark Talks

***LONDON, JAN, 14. A BARGAININIG ON DANISH BUTTER PRICES HAS CAUSED | A POSTPONEMENT OF THE

PLENARY MEETING

OF DANISH AND BRITISH DELE- GATIONS, WHICH BRITISH CIRCLES EXPECTED TO TAKE PLACE ON FRIDAY,

+

Greece's Recovery Depends On Halt Of Fighting

Page 9**

Peninsular

& Oriental

STEAM_NAVIGATION COMPANY. }}

ARRIVALS..

KEEP

"EMPIRE BRENT"" "CASTLEDORE” •

"TREVETHOR" "CANTON". "DILWAKA”

"TREVAYLOR"

"TRESILLIAN" TREVATLOR"

SHIP

"TREVETHOR" "EMPIES DEENT" "CASTLEDOLF" "TREVETHOE" "CANTON" "DILWARAM

TEEVAYLOR" "TREVAYLOR"

THESILLIAN".

British

FROM

.UK.

DUR

Sist Jan

.Bombay

6th Feb

„Shanghai

9th Feb,

U.K. via Stralis U.K

18th Feb.

27th Feb,

„U.H. vin Stralia

U.E. Shanghal

10th Mar.

SAILINGS

28th Feb.

11th March

BAILING

20th Jan,

9th Feb.

TO

Shanghai

Shangban!

find Jan.

„Shanghai

‚U.K, vín Straita

11th Feb.

U.K. via Stralis

ted. Feb.

..U.K.

29th Feb.

.8banghal

2nd Mar,

‚U.K. vía Straits

13th Mar,

14th Mar.

Continent

Shanghai

India

STEAM NAVIGATION CO., LTD. 1

SHIP

“ORMARA” "OZARDA"

SHEP

"ORMARA" "OZARDA"

A Dahlah_wpokewmian said :to- days The Danish delegation stea no reason why an agreement on butter prices should not be reached but wo expected. talke will take the major part of next week because all the items on the were aleady pledged for loans: public debt, unless the United

agenda are interdependent. These include prices of Dalah agricul- ↑ „* that the Europeans needed the States authorize use for recon-

Rangoon, Jan. 14. tural produce of British exports, funds to Lover their normal struction or development pùr-

The Burmese Minister of the convertibility of sterling into trade and financial operations, poses.

National Planning resigned, today,dollar and the duration of the and that their holdings already

10 days after Free: Birma's first agreement." The United States should ignd Cabinet assumed office. wer, below the "safe" amount gold and dollars later, possibly

"Today's expected. meeting : of The resignation of the Minister, the joint financial, sub-committee weeded to koọp their own cur the next, to furnish the Europ. U-Mya, who is a wealthy rice-mill has been postponed until to- rencies stardy.

ean countries with hard, money owner and president of the Bur-morrow when Mr. J. Vestbirk, Mr. Snyder, explaining the reserves to bolster the value, ofmese Chamber of Commerce, was leader of the Danish delegation, financial aspects of the Mar-their own paper

and understand to be a sequél to and Mr. Ellis Rees,, for the British Ahall Plan for European rekeet it aleady.

Parliament's decision to prohibit delegation, will also discuES the covery in testimony calling on

any trade und profession by a possible date, for a plenary meet- Minister during his term of office." | ing to sum up results of the talks Congress to approve it in the "If entire aid for European]

This decision, adopted as an and prepare a skeleton trade form and the mount laid down countries were on a joan basis'jamendment to the Ministers Sal- agreement. by President Truman, also, said it would be practically impos-arics BUL

spansored by Regarding the duration of

a that (1) Part of the United sible for them to meer atdition. Communist members.

possible agreement, the British States' money should be provi!- al annusl charges from their

are understood to destro a three- ex as grants in old and part in earnings of dollars even after

year term, while the Danes would loans. The amount required to trade and investments return to

prefer an agreement covering a (shorter period.—-Reuter, be repaid should be held down normal," he said, Lu the "borrowing country's capacity to repay in dollars,"

(2) Five percent the pro- Emphasising the necessity, of Kramme. funds should be set "preserving the spirit of free ankle 10 Huarantee private and friendly cooperation between American firms United States the United States and European dollars in exchange for the for- Governments," Mr. Snyder eign currencies they earn urged that there should be through investment in those minimum of dictation to the countries, the purpose being to Marshall Plan's recipient na- attract private investment abroad, tions in financial aspects of the (3) Congress should permit plan. "I am sure this country the United States ald money to does not wish to dictate to these he spent on buying goods in friendly countries either the par- short supply for the Marshall ticular measures they should Provision will have to be made for financing Greek Plan countries in Canada, Latin] take or the exact manner In

trade with countries both inside and outside America and elsewhere, or to bo which they should be taken," he

the scope of the Marshall Plan as well as with spent in ола Marshall Plan said. country to

America if Greek recovery, is to be successful, buy goods for an After stating that assistance uther one,

to Western Europe should be a State Department report giving additional (4) Separate agreements will provided as a combination

data on the Marshall Plan sald tonight. be required from each be-grants in aid and loans, Mr. neficiary country assuring that Snyder said: "The criterion During the Marshall Plan in the chaos and misery of war steps will be taken to steady its for kelecting one, or the other period, Grecce will have a sub and Its aftermath. currency, this would be done form should be the capacity of stantial deficit with all currency through a balanced budget, tax recipient countries to cam in areas, the report said.

the basis for a stable economy law changes, and at the proper the years to come the dollars "By the end of 1951, Greece If necessary, Greece, will re- time by devaluing inilated cur- which would be needed to pay should be able to adjust to a main independent and will rencies to a point in line with the Interest capital. We self-supporting position provid maintain, a free and Indepen- their true buying power.

should take care not to Inslated that foreign markets for its dent institution," thor these countries contract ad- luxury-type exports--will have. It was conceded, however, dillonal dollar debts which will revived and if reconstruction that if either the Populists or (6) Each beneficiary country absorb their dollar carnings in has not been, hampered by the the Liberals left the present will also be required to set aside private Investment" he said.prolongation of multery opera-Government, "it would be ex- Jocal currency in an amount Reuter.

tions," the report said. Government to be formed."

tremely difficult for - a However, such an adjust-

It was also stated that "an ment will not be, easy... Until long-range plans for maximum fortunately Greece is not in a exploitation and development position to contribute substan of Greece's agricultural, minerally to the recovery of other al and other resources are im. committee of European econo plemented, the standardsofie, cooperation countries" and living which Greece, can app recovery would, necessarily port even under moat, favour.g behind that of others. able conditions will be very low Reuter, and can be considered tolerable only in relation to the country's past standards.”

Hard Reserves

Italy

on

Italy Has Excess Of Manpower

Washington, Jan. 14.

The absorption by other countries of Italy's excess manpower was essential to the country's stable economy, a State Department report giving additional data on the Marshall Plan declared tonight.

PRINCE LINE China Trade

ROUND THE WORLD SERVICE

JARDINE, MATHESON & CO., LTD.

Tal. 30B1I

Chinese Freight Agents: CHEONG FAT CU.

Telephone 300ST

64, Bonham Strand.

STATES MARINE CORPORATION

of NEW YORK, N.Y..

S.S. “EMPIRE STATE''

·due

9th February

from?

NEW YORK, PHILADELPHIA” NORFOLK

For furthe GILMAN

applyi

of

Washington, Jan. 14.

"Granted means. to achieve

Butter

On the political aspects of the problem, the Btate. Department.

'asserted, "the legality and re Increase

presentative character of the Greek. Government cannot be a questioned,"

'Guerilla's

In N.Z.

'*

stable

BY

State Department data, allowed; fomented by Communion, at "well jar; that Italy was, múzlikely, lo, regain |a, series of unfriendly acts on the either ber 1919 favourable balance of part of Soviet Russia.", payments portion of her, pre-war. The report stressed, however, thai food consumption levels until ope

oue the "stability

, and continued casin time after the European scars and of the,, moderate saljao Gov programme had been cancelled. The ernment will depend on theImClaiming that only one-third, INCREASED BUTTER AND

WELLINGTON, JAN. 15.[ report claimed that, the strengthen-, pravemen in Italy's critical ecuaoof the guerillas are CommuR MEAT PRODUCTION ing of moderate; political foxes, re-mic situation,”

WAS cently was due “tà, growing popular, is somed

fats and the rest are retainedTODAY ANNOUNCED up. Italy's serious cean discontent with frequens disturbances amis, quligullige, at a "steadily ia- in the ranks only by terroris-THE NEW ZEALAND MINIS- creasing population, seriously. intic methods," the report said: TER OF AGRICULTURE, MR. adequate,, food supplies, - severe in- If the guerilla movement can EDWARD L. CULLEN, lation and extensive, unemployment." be reduced and Internal order

It called

for simplifed tas established, the economic re- structure in Italy,

The Minister reported the increape but added: "Full

covery of Greece and aid now | of over 15,000,000 ponade of butter success in stopping the wage price furnished by the United States, fat in the first four mouths of the A China's drst private, trade spiral can be achieved only when an should provide the basis for present dairy farming, kokamp, and

Increased and regular supply group si four, businessman -pre-

pf pared to mil today for Japan, it consumer goods makes it possible for minimum reconstruction, mainak that lamb, killings were, 10 per- cent greater in. November than in Waa semi-officially revealed that the average tallan, to meet essentia tained,

the same mooth luar season soya beans, bean cards and auger, nécde with "“his, current income."--", “Communism developed as 4. wouki" constitute China's maker | Keuter,

[[significant force in Gredos only. The export of

butter

gradings for export-lems in the, first slagen of:

the five monilis ended December 11. the regimption of Chinese trade]

1947 were 79.100; tana, an incxvRIR DÍ with Japan

9,200 tons we compared weltli, the sno period of the previous season.

With Japan

Shangtiak Jan.

~ The group leaving today, will lake with them between 2000 and 4.000 icon of gooda, with......... ihern, which they hope to, fechandge für Japanese, industrial equipment BIR KUNO-PARUertale.

(The groups explete to spind, she vreme in Japan exploring tråde Dosalbflilok-Reuter.

U. S. TO OCCUPY LIBYA BASE

Turkey Subject To

Soviet

Pressure

Washington, Jan. 14.

Turkey la expected to pay cash for nearly all her Imports mider the Marshall Plan, according to additional data on the plan' published in a State: Department report bere tonight......

*in | Turley, has been sublected to perals-- deuslopmané v programgir | repr: exferdal prasure wh! sózima) International lending, been resisted whh, determi

the report fald.

woich has, caused the

dhead 1 Gov-| under arma danąć granito

financial and mansportár

Wisabadon, Jan. 14. feadquarters of the Ameri- koman

apan Porce in Kürdlə

the air base at Tripóli

The exporty of cheese, gindings were also greater. Mést expart Agures for November were more than dayble the previous") November, Router,

NEW BALKANS

PACT

Bucharest Jan

M. Georg Dimitrov,

SHIP

"BANGOLA"

SHOP- "BANGOLA” •

ARRIVALS

FROM

Shanghai Shanghai

SAILINGS

TO

Bombay via Straits Bombay via Straits

APCAR LINE

ARRIVALS

FROM

Calcutta vin Strait SAILINGS

DUE

25th Jan, 31st Jan,

SAILING

27th Jan,

· 2nd Feb.

DUK

10th Mar.

то

„Calcutta vía Strafta Rangoon & Madras

SAILING

2011 Mar.

Has, Refrigerated Cargo Space.

Eastern &

TRN STEAMSH

Australian

STEAMSHIP COMPANY LIMITED

MSHIP

SHIPS

"NELLORE *NANKIN"

ARRIVALS

from

Australia

For full particulars apply to

Due

Farly: Feb.

Early March

MACKINNON, MACKENZIE & CO. §

Telephone Nos. 277214.

WATERMAN

STEAMSHIP

CORPORATION

MOBILE, ALA.U.S.A:

Expected arrivals from U.S. Atlantic Ports:—

***KYSKA"

5.3. "PONCE DE LEON" ...

Due id Feb. and February

LOADING FOR NEW YOKK via PANAMA -

BL. “KYSKA"

una Loading onzly February, For freight and further particulare apply':

WALLEM

COMPANY

Agents.

Hongkong a Shanghai Bank Bldg.

Chinese Freight Agenta:. HIN. FAT. &· 00, HID. Tel:. 25553, 2283). 8. 23683.

TEL. SÁLYK-8

MOW SANG SHIPPING

COMPANY.

# Connaught Road, Want,

HONGKONG & MACAO LIN