1948-01-19 — Page 9

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THE CHINA MAIL, MONDAY, JANUARY 19,· 1948,

FIERCE CLASHES

EXPECTED

IN PARLIAMENT

Opens Its Second Term Of

Labour Govt. Office On Tuesday CRIPPS EMERGES AS "STRONG MAN"

London, Jan. 17.

Fierce clashes between the Government and the Conservative Opposition on constitutional and social issues are likely to mark the second half of Labour's term of office which opens when Parliament reassembles on Tuesday. With two and a half years of its life remaining, the Labour Government has carried out near- ly two-thirds of the Socialist five-year plan which it promised at the 1945 general election, but simultaneously war's aftermath brought Britain to the brink of economic ruin.

France Abandons Experiment

Parb, Jan. 17. *Robert Lacoste, French Minister of Industry and Commerce, told an Ameri- can audience today that France has abandoned her experiment

controlled economy.

on

PREJUDICE

ENDANGERS DEMOCRACY

Washington, Jan. 17. The U.S. Army told its troops throughout the world today that racial and religious prejudice are endangering de- mocracy his

and world peace.

Speaking at the annuai luncheon of the American Chamber of Commerce in France, Lacoste sald government, After moro trials,

than two years of has

had decided to embark on a contrse of "even greater liberty of exchanges not only among countries. but also among Individuals."---

By planned economy, excred-¦ Bevin, will review the British ing in some respects the most policy in the light of the fai- rig routs wartime the

Associated Presa. serdinances, | lure of the recent "İlig Four"Į

Goverument hopes within | Conference in Landou-Reuter.} the next 12 months to restore Britnin'a economy equilibrium and to set her on the highway back to prosperity.

At the same time, it will en deavour to carry out some of its : Speinket experiments, Those

include the curtailment of the Huse of Lords' power to detay legislation and the operation of the national health insurance, briginally conceived by Lord Berkm

Is This Our Way To Prosperity?

By LESLIE HORE-BELISHA

£2,000,000

of public mney lost in eight months in his one organisation! No hus will Britnin soir to for June.

What are the prespects forgers; lis plan gives consete fre, Britain in 1948 as seen in the medral service to righ and cold light of the day after the 12018 the cradle to the celebrations and the bell-ring- grave and provides numerous in? pensions and other benefits.

There are some gird portents.

Within the Ame period. The miners are hewing more Though not in the next sessional. More steet is being smel

the Government

will intro.ed. The textile operatives spin duce its must controversial Sex | more cialist measure--the nation.cloth alisation of iron and steel.

לנינוני

wenve I

Never before have so many metor-vars left the productier

By that time, the electricity dine, Shipbuilding has reached supply industry will already a record.

heromo have

public propertý and the bill for the nationalis- i tirn of the was supply will be

in process of enactment,

We are to make a tremendou bid in the current year to sel re ection and woollen goods But what a strange contradic tion there is in the Cripps p

ley! Although our manufac

date fabrics, priority is give urers are told to make up-to

to the expurt of the up-to-dat machinery which can mak

All this achievement, on a normal hasis

reckoning,hem. should spell a higher standard of living in 1948. But it is not to br. We are working met for Through L high-pressure home market but for foreign drive for exports, coupled with countries. The beek the mestie retrenchment, The

Governm. hopes to have, by June. bridge the ruinous gap between import and export ex- penditure.

and

which our permanent future de Thus, while our own mills, or

times, those of our competitors ends, will be falling behind the make will be equipped by our efforta

ney, but not for themselves. bees have less freedom than the,

Unfortunately, the British

nature. They can no

bees of

Miners' Task

***Three fourths of the people the world are wint we call coloured," the Army ald, "Those people naturally lol: to the treatment of cur coloured citizens to see what we really mean when we speak of democracy."

I said the success of the United Nations and its im of world peace and security depend

a great extent on the way the United States solves its internal problems.

"Rncia! nod religious judice alienates

pre-

the confidence!

of the vast non-white populations

DS well as other peoples. It thwarts their hopes

And out hopes for peace and treedom and ltimately creates Conditions from which future global wars can develop."-United Press.

Weekly Market

Review

11-

London, Jan. 172 Credit conditions in Lombard Street his week have been rather mixed. The earlier session saw official

istance necessary on a large scale but during the middle pari of the

banks, reflecting a greater willing. week, this was relieved by the expan- sion of cash reserves in ness to lend.

clearing

hanks, business was can-

in

This relief, however, was short-div- ed and once again the market ex. perienced shortness rid of difficulty. The was due to the absence of Treasury Bill malarities and also At a peried when we are try thorities provided

the 监督 longer get their pollen where ing to grow more food at home purchases of hills from market houses reventte yance by direct As the Parliamentary session

they will. reopens, the export drive is half

We are sending overseas our The Cripps Plan restricts im- tractors

12% well as

as through way towards its target,

and ploughs, The parts. Part of the new slegs aame applies to railways and ducted in the discount market, this

Only moderate The production of eval steel have reached record high economics is to keep the hive rolling stock. IL is all very being mainly on March malurities. levels and are still increasing.here on short commena. There odd.

This werk's Bank of England re- are dangers in this policy.

Ccal production is the basis turn featured a further decline of our domestic activities. All active site circulation. The decline other industries are clamouring Bills walled £2,160,000 of which was nearly £170,000,000 Treasury The only apparently insoluble

for it. It can only be hewn in £160,000,000 To make both ends meet from greater

were alluted at the problem is the continued heavy day to day we have had the as- greater efficiency by the instal-pence per crail-Reuter,

quantities and with average rate of shillings 3.41 dollar deficit

that keeps Bri-

sistance of the American Loan.. lation of more and more ma-, tain's fod and other purchases We have had in harit currency areas to the Loan. We have had

the Gunndian | chinery, absolute minimum and will

serves of gold and dollars. In mean indefinite restrictions on

1948 we are to have the auc the purchases of, for example,

cour of the Marshall Plan, petrol, tobacen and films.

Insoluble Problem

Government prestige reached #dangerously low lovel November after a year of econo, mic reverse but it has been rising slowly since that date,

ud.

Long-term Task

cur re

Not a single coal-cutter or power-loader should be made for foreign orders until our own mines have all that they can use.

Here again the policy of 1947 should be revised in 1948.

cost of

su

Board's Task

U.S. Control Of Exports

New York, Jan. 17.

A Washington dispatch to Journal of Commerce says that

the all

But the long-term task of Eritain is to recover her com- inpetitive power in the world, to put herself on a sound commer- ciul fonting before these wind- falls have disappeared. To do

United States exports to a countries this she

of the world may come ander Gov- That nourish the The successful trade negotia-sources of her strength.

Not only in machinery but in ernment control in the same manner personnel the industry must be that all shipments to Purupe will tions with Russia and other

What are these vital sources? streamlined. Otherwise First of all. there is shipping countries, the German bi-zonal

tha come under such rural on March coal will

1, continue to financial arrangements with An island nation, living by

Leading officials of the Office of America, and the progress of trade, mass have the means of

International Trade and the It is not fair to the miners Department were unable to give any Siste the export drive, all have help-carrying its commerce across that they should have to bear assurances that this would not hap

the seas.

the burden of so many unpro- pen.-Reuter. The Chancellor of the Exchie- Welt, Britain is building duetive officials on their backs. quer, Sir Stafford Cripps, mean-slips, more ships than ever be The salaries of those adminfa- while, has emerged a the fore. But she is not building tering the mines are equivalent trade disturbances in the pre- "strong man" of the Govern- them solely on her own account, to 1. 8d. per ton of coal, com- ment's coordinated drive to get but for her competitors also.pared with 24. per

war years. Britain firmly on her feet. Indeed, ships being built on comparative charge under pri- the edifice begun at Ottawa. Now is the time to completo. foreign account get priority in vate enterprise. equipment. Our tonnage, now

The United Nations la break- The Coal Board must, attending down as an organisation, atanding at 14.600,000 gross, a to the quality of coal in 1948) less by about 2,000,000 than it and bring to an end a wastage have a better chance of survival The large group of nations was before the war.

of £50,000,000 per atinum which, than the smaller the community has to pay for States. carting alog, slate, and ash around the country in trucks

Blasts Of Criticism

With the restart of Parlia- ment, Labour faces fresh blasts of criticism on the poli-, tical rather than on the econc- mie frunt.

It may be two years before the bill can be made law.

Simultaneously, a storm is

I

Airways Task

ton, the

Peninsular

Pigs ()

& Oriental

SEPARABIT

STEAM. NAVIGATION COMPANY

"CASTLEDORE"

ARRIVALS

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„U.K.

21st Jan

..Bombay

6th Feb.

"TREVETHOE"

Shanghai

9th Feb.

"CANTON"

U.K. via Strafta

10th Feb

"DILWARA”

U.K.

27th Feb.

"TREVAYLOR"

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28th Feb.

"TREBILLIAN"

10th Mar.

*"TREVAYLOR"

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11th March

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20th Jan. 22nd Jan

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9th Fob.

U.K. via Straits

11th Feb.

U.K. via Straits

23rd Feb.

.U.K.

20th Feb.

Shanghai

Zud Mar.

U.K. via Straits

13th Mar.

14th Mar

& Continent Shanghai

India

STEAM NAVIGATION CO., LTD.

SHIP

"ORMARA” "OZARDA"

SHIP

"ORMARA" "OZARDA"

SMP

"BANGOLA"

SULP

"SANGOLA" *

ARRIVALS

FROM

Shanghai Shanghai

SAILINGS

TO

Bombay vía Straits Bombay via Strails

APCAR LINE

ARRIVALS

FROM

„Calcutta viz. Strait SAILINGS

TO

.....Calcutta vin_Straits Rangoon & Madras

• Has Refrigerated Cargo Space.

Eastern &

USHIP COLTE

DUE

25th Jan. 31st Jan,

BAILING

27th Jan. 2nd Feb.

DUE

10th Mar.

SAILING

20th Mar.

Australian

STEAMSHIP COMPANY LIMITED

SHIPS

"NELLORE" "NANKIN"

ARRIVALS

from

Australia

Due

Early Feb.

Karly March

For full particulars apply to

MACKINNON, MACKENZIE & CO.

Telephone Nos. 27721-4,

WATERMAN

STEAMSHIP

CORPORATION

MOBILE, ALA.U.S.A:

Expected arrivals from U.S. Atlantic Ports

6. "KYSKA" ".. "PONCE DE LEON"

a............. Due 3rd Feb. end FebruaTY

LOADING FOR NEW YORK via PANAMA

sovereign

13. “KYSKA”

The loss to the national re-sorely needed for the transport European Task

we

A

The predominantly Conserva-vende from this deficiency is of usable fuel tive House of Lords. it is estimated at from about £30,-

The British Commonwealth thought, will throw out the 000,000 to £40,000,000 a year,

Even if all the Government of Nations could, if firmly con- Government bill that plans its

bas prescribed in the way of solidated, be more powerful and What fully to try to make restrictionist own undeing when it comes be.

economy la car more economically self-sufficient -up-this leeway-not-by-con--ried out to the letter we shall than either the United States fore them for the second read-

structing ships that will earn still at the end of 1948 be left or the Soviet Union. ag a fortnight hence,

us income but by selling ships with an adverse dollar balance

Should not direct that will make Income for of trade of £360,000,000.

our policy to- wards this goal? athers!

To redreas thin 5 more

Likewise in Europe an oppor Just as Britain by her geo-imaginative policy is required unity is blowing up in the medical graphical situation was forced than that which the Govern bringing to birth of another presented for the

world

to make the agalust the national

sca her principal ment has devised-

great unit, the United States of. health service to be introduced moans of communication, so she

Europe. in the summer.

should now, and for the same Commonwealth Task This is a dream which hasi reason, maka the highways of

long hovered over this distress- This is part of the all-round the air additional

We had an adverse balance of ed continent." The Marshall social security scheme which is her prosperity.

trade in 1981, when the Last Plan

can translate it into already operating so far · að Bub what are we doing? At Socialist Government was in reality. chlidren's allowance and old age the outset of the air age the office. The National Govern

Here, then, are the moanG pensions are concerned,

moat modern means of trans- ment which succeeded it assum

of escape from our troubles. port is shackled by monopoly, bled all the nations of the Bri- The high spot of the opening Wo are clamping its develop- tiah Commonwealth together.

In 1048 Britain can take bold week of the House of Commons ment. We are pinioning it.

strides towards the

recon- At Ottawa. Was Jald the struction of her own economy, in the two-day foreign affairs British European Airways ground plan of economic unity. debate -on Thursday.

and can help, to lead man- and has spend more an administra- The structure then begun was Friday in which the For- tian than on Aights. A staff of firm enough

kind towards that greater to protect usi eign Secretary, Mr. Ernest 6,000 to carry 72,000 passen- against the full force of the prosperity depend,

unity on which peace and j

avenues to

Loading early February For freight and further particulars apply:—

WALLEM & COMPANY Agents.

Hongkong & Shanghai Bank Bldg.

Chinese Freight Agenta: HIN FAT & CO. LTD. Tel: 25553, 28823 & 23483.

Tel 2417-8

MOW SANG SHIPPING

COMPANY.

a Connaught Road, West.

Tel No. Sires

HONGKONG & MACAO LINE

II. Departur

6.40 FAL

MAÇÃO Duporte)

16.00 A.M.

Subject to alteration witbosta notios. –

For Passage & Freight Particulars Fissso Apply To The Abovs,

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