1948-02-13 — Page 9

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Undernourishment?

not in my family!

Just herause there is enough load in your heure does not mean that your family is properly matrishad. Doctors will tell you that nuality la evan mora important than quantity and that nawalays cur food may be doficient In elements needed fo • correctly

balweed diet.

Tiredness, peevishness and displays of temper are first signs of incomplete nourishment

WHAT HORLICKS IS

Horlicks is made from pure lull- cream cows milk plus the nutritive extracts of matted barley and wheat. It le a com- plate toad containing body- building and energy-giving food stuffs in propertions necessary for normal nutrition, Hurticks is 100% nourishment,

Horlicks can be

{FORLICKS) || obtalued at all good dispensaries and provision stores

Take

take home a bottle today.

HORLICKS

31

To ment (kis situation, doctors recommend Horlicks as a sup. 'plementary food. Horlicka contains all the goodness al full-crema cows milk to which has been added the rich, energising nourishment extrac- ted from malted barlay and wheat Ananaddition to the diet

is a nurs safeguard against undernourishment providing all- sound nourishment for conver, sion into exarey and bedy reserves.

Horlicks can be made with water only – the milk ls in IL

Protest your family by giving them Horlicka every day.

The Doctor Says:- WHEN NIITRITION

IS INCOMPLETE

I RECOMMEND HORLICKS

BECAUSE IT IS A BALANCED MILK FOOD.

Honkala words alt Lanco conter new

and Build up

your Energy

W. S. SHERLY & CO., Kayanially Bldg.

FOSS'S

CHOCOLATES

available at

A. S. WATSON & CO., LTD.

THE HONG KONG DISPENSARY,

THE CHINA MAIL, FRIDAY, FEBRUARY 18, 1948.

PLAIN TALKING BY CRIPPS: "POSITION GETTING WORSE" Supreme Effort This Year

London, Feb. 11. The Chancellor of the Exchequer, Sir Stafford Cripps, tonight warned the nation in a state- ment to press correspondents that the gap be- tween its overseas expenditure and its present earnings had reached “menacing proportions." Unless it was closed by the efforts of the British people, supported he hoped, by Marshall aid, essential supplies of food and raw materials would be cut off.

A few minuten earlier, the countries fell from £110 ml- Government had discloned that lion to 162 million. it spent £676 million more on imports last year than it earn- ed from exports,

In 1947, Britain spent 12,195 million en imports but earned only £1,430 milion for her ex- million ports, leaving a £670 deficit.

Warning

officini the

A high Government emphasised thnt

unlit favourable balance with the Eastern Hemisphere (only £ million in 1947) can not only be

Sir Stafford Crippa said: "Abrought equal to the deficit with

the Western Hemisphere (£680; supreme effort must be made this

but also made con- million) year to remedy our ex-

Vertible into dollars, "we are ternal position,"

far from achieving a solution "Abnormal world conditions

of our balance of payment pre- render the task particularly difficult, but there is no alter-

blem."

native.

ANGLO-FRENCH BLOC TALKS

Paris, Feb 11.

Bir Stafford Cripps, Chan- color of the Exchequer, de- clared in an exclusive inter- vlow given to the London correspondent of the Parts evening paper, Paris Fresse, today that France and Bri- tain wern in permanent consultation for the realisa- tion of A Euro-African economic bloc, which would be a balancing element be- tween the United States and the USSR.

ทย

Sir Stafford said he had knowledge of any formal conference being ar- ranged shortly between British and French techni- cal experta to study the Euro-African plan, but Paris Prenso said it tad gathered from

sources in Landon that such а соп- ference would be held zome time this month.-Reuter.

ERNEST BEVIN THREATENED

Security

T.U.C. Approach To Attlee

LONDON, FEB. 11. THE PRIME MINISTER, MR. CLEMENT ATTLEE. AND OTHER LEADING CABINET MINISTERS TO. NIGHT MET LEADERS OF BRITISH TRADE UNIONS TO DISCUSS THE GOVERN MENT'S TRADE POLICY.

The Foreign Minister, Mr. Ernest Bevin, the Chancellor of the Exchequer, Sir StaTord Cripps and the Lord Prealdent of the Courell, Mr. Herbert Morrison, trok part in the meal. Ing.

The trade union leaders were secking elucidation of Inst week's statement by Mr. Attlee which urged that wages should not be increased unless there is a corresponding rise in output or in undermanned industries where it is in the national In- terest.

As a result of today's discus sien. Sir Stafford Cripps will We must tighten ex-balances were wholly to steri

The payments off the sterling

Londen, Feb. 12.

make a statement in the House port and cam enough for our ling area countries, India being the protection of Foreign Secre- the Government's policy on pro- arrangements for of Commons tomorrow detailing food and raw materials, or by far the biggest beneficiary. tary Ernest Berin "have been ta The without."

Government's ap- Of the prospects of increased tightened up" following an

prench to profits has been at- Income from Investments, Sir anonymous telephone warning tacked by union leaders who Stafford warned: "We cannot received by the British Embassy feel that any pegging of wages expect anty Improvement this in Paris, 11 Foreign Office should be accompanied by cuts

in prefits-Reuter.

£500 Million Left

Sir Stafford Cripps indicated last Saturday that further your."-Beuler. deterioration this year was pos- sible when he said: "The post- tion is definitely worse than it was six months agu.”

Today's Government. Minte- ment disclosed that only £512 million in gold and dollars re- mained in Britain's central re- serve at the end of 1947. This sum was due to be augmented | by the remaining 475 million of the United States loan and by1 the South African gold loan of 80 million, plea whatever might be drawn from the

Sorry Record

Of 1947

London, Feb. 10. Britain's adverse

Canadian tonn and the Interna-balance of payments in

1947 was £675,000,000.

tional Monetary Fund,

But how far this sum would carry Britain was indicated by

The gap

between expenditure

spokesman said today.

"The caller said Mr. Bevin is Yard security men when he ap in danger," the spokesman said. peared at the dinner given by He said Mr. Berin was accom- the Anglo-French Society last panied by the "sual" Scotland) night.-United Press.

THE WHISKers club

the disclosure that last year on imports and receipta for ex-j the drain on the reserve soured ports had widened thus far from to 41,023 million in 1946,

£380 million in 1946 and £70 The worsening of the balance million in 1938. of payments In 1947 was pri-

Joddles had Provisional figures for 1947, marily in Britain's relations contained in a Government state with the Western Hemisphere ment on balance of payments La- She had a current account sur sued today, revealed that plos with the sterling area oftain's payments for 1947 totalled 280 millen but a deficit with £2,105 million against receipta the Western Hemisphere of for £1,430 million.

CG80 million.

Facing Facts

Bri-

The net drain

on the United Kingdom gold and dollar reserves last your Wis £1,023 million. This was made up by a decrease in the gold and dollar holdings

оп

Britain's imports in 1947 in- creased 14 per cent in volume, of £151 million, drawings but 44 per cent in value, because United States credit of £707 mil- of higher prices.

lion, drawings on Canadian credit £105 millon, and £60 milion

"We must face the fact that of a greater effort on our part is needed tu obtain the same amount of essential supplica," the Chancellor of the Exche quer commented.

the International Monetary The net change in the United Kingdom external capital assets is shown by a credit figure of £200 million as aguinat a deficit The war had ended Britain's of £114 million in 1946. "invisible receipts" from invest- The not change in storling bal ments and shipping servlees jances shows a deficit of £142 mil- which paid for over a quarter len against credit figure of £40 of the British Importa in 1938, million for 1946.

he added.

The worsening of the balance

UNRRA and advances to Far Eastern and other devastated Western Hemisphere.-Reuter,

of payments In 1947 was primar-

wished for a big Easter egg as a surprise for the little animals of Toad- stool Hollow, Flop the Frog granted the wash and gave the egg magle Instructions to find its own way to the Hollow. It raced off bump- ing along the road and

through the woods. Whisk raced after it and was just in time to see it bounce on to a cup-shaped toadstool. "Gracious!" gasped a Rab- bit who Wax taking his smali son for

2 stroll. "What in the warren this?"

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Clues Across

1 Haphazard.

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