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RUNAWAY SHANGHAI PRICES Breathing Moscow 'Proposals
{[PICTURE OF THE DAY FINNS NEXT ON LIST?
Commissioner's Warning: Revolts And Unrest
CHINA ASKS FOR LOAN
Washington, Feb. 26. China has asked the Unit- ed States for a currency stabilisation lean on top of the 8570 million she is due to get for machinery and essential importa, Mr. George Marshall, the Secre tary of State, kald today.
In evidence given to Con- gress last week. Mr. Mar- shall said it would bo a waste of effort for the Unit- cd States to attempt stabilise China's economy present time,--Reu-
at the ter.
to
WHEN H.K. ASKED FOR FIGHTERS
London, Feb. 27.,
Police
Onl Swoop Speculators
Shanghai, Feb. 27.
The price of rice and other vital commodities spurted to a new all-time high today despite the reported Central Government order to ar- rest and charge rumour-mongers who mainly blamed for the present runaway price situation, under military law.
were
The Bureau of Social Affairs again dumped over 2,000,000 pounds of rice on the market today but failed to check another spurt which sent the price for a bag of 170 pounds to the dizzy height of 3,600,000 Chinese dollars.
The cost of other dally neces- Despite large amounts
Manchuria Tale Of
Woe
Nanking, Feb. 27. Pro-Government
re-
ports today admitted that the Communists have captured Penhsi, broken into Hsinmin and Kaiyuan, breached of the
outer defence of
sities made similar advances, national currency flowing into Yingkow and smashed
especially edible all-which is the city from inland towns and
to Chinese householders what elsewhere, he said, banks are into Hunho airfield in
1srei four.
The price of bread has gone up 100 per cent in fair, weeks nad, according to reliable in formation, will be hiked again within a day or two. The City a. thorities are at a lesя nowy to cope with the situation and are expected to refer the mal- ter to Nanking, where Gener
ས to westerners--and successfully absorbing à total Mukden's suburbs.
of three hundred thousand The series of Communist vic- million Chinese dollars (nearly tories occurring in a single day US$2,000,000 at the current cut off all the bastions defending Central
Bank's open market the eastern, northern, western rate), thereby eliminating much and southern approaches to Muk- of the elty's idle capital den. It is the heaviest blow the Reuter,
Nationalists had suffered in the whole Manchuria civil war and is likely to lead to the total an- nihilation of the forces north of Chinchow.
The despatches said:
Air Vice-Marshal Sirissimo Chiang Kai-shek has
from just returned
Keling
Paul Maltby's des-specially to tackle the Man-
patches on the Malayan-churian crisis and price situn. Netherlands East Indies tion, campaign disclosed that an urgent request
Meanwhile, all local papers splashed a warning, uttered by was the Social Affairs Commisslon-
"Renson was because of the great support they would give civilian morale."
New Tax
Measures Approved
Nanking, Feb. 27.
Government
(1) The Communists have captured the cool mining town of Penhs, 35 miles from Mule- ken but the Government is still hulding the railway station;
(2) The Reds have broken Into Heinmin through the west.
Statue
The statue of the Madon na on top of the Church of St. Mary of the Angels. nt Assisi, which was reported to be breathing and moving last week. Local Cathollë ' authorities decided that there Was no moving or miracle, and the thousands of pilgrims have now re- turned to their homes.
received from Honger. Mr. Wu Kal Haien, before The State Council, today ap-.. Kong in the summer of the City Council meeting last proved a series of new tax mea-
Broadcasting sures designed to increase Goy- 1941 for fighter aircraft. evening that large-scale revolts ernment internal revenue by en gate. Street fighting is in
and tinrest would break out CNS000,000,000 in the next five progresa;.
At Shumchun unleas Immedinte measures months.
A long-waye radio station is to stabilise the The measures are in line with (3) Street fighting is in pro- were taken
next week at economic and industrial situa- the Government policy of at-greas in Kolyuan, 70 miles north-to be erected tion in Shanghai.
tempting to stop up internal west of Mukden. The railway Shumchun, according to the Wal
station has been lost to the Reds. Kiu Yai Po yesterday. close the
The pewspaper added that per- enormous gap between Govern- (4) 'The Communists have mission has been obtained from ment expenditures and receipts captured the rail station and air-the Chinese authorities in Nan-
The new taxes will increase feld in Yingkow suburbs
king to operate a radio station the levy on tobacco leaves by 60 per cent Mukden has
domestic-produced (5) The Hunho airfleld inat Shumchun. The station will be China Radia been captured by called the South 40 per the Reds, and processed tobacco.
following the with-Broadcasting Station.
Broadcasting hours have been cent. The two tobacco taxes, drawal of the Nationalist_divi-
revenues
help to
re-
from_6_p.m. to 8 p.m. daily.
"The request could not be Radios Uncovered met. In case it should be proved!
Commissioner Wu, in a 30. possible later to meet the re-minute frank speech, said that quest for fghter aireraft, a the unchecked sky-rocketing of fighter sector, control room and commodity prices is likely to radar stations are to be sited force many enterprises into and plans to be prepared for the|
bankruptcy, and envisaged provision of a fighter defence
large-scale unrest when their system."
workers join the ranks of the ulus a 100 per cent increase in slon, without resistance-United | Axed from 2 p.m. to 4 p.m. and
|_the_wine_tax,_are_expected to Press, R.A.F. plans alloted no nir employed.
increase the Government Meanwhile, all black market fores for Hong Kong's defences,
vente by CN$400,000,000 in the transactions in gold and foreign the despatches disclosed.
The State Council also upped "Apart from local reconnata currencies were at a standstill.ext five months.
following the arrest of 58 sus- the salt taxes to CN$50,000 per sunce, no war role was on- visaged
speculators yesterday: plen) which is expected for pr arranged for pected the flight stationed at Kai Tak." and continued raids today by Its function was target towing the Economic Police on native augment the Government re- only, snid the despatches banks, secret radio stations and venue by CN$500,000,000 in the
coming five-month period,
The State Council today ap
United proved the
Nations tariff and trade agreement signed by the 17 nationa At Geneva..-United Press.
financial companies,
mostly
published in the official London owned by natives of Canton and
Gazette.—Ansociated Press.
Rice, Flour
Prices Up
Swator.
Police Investigators believe that more than 400 local "com- panies are involved in radio. conducted speculations between Shanghai and Hong Kong.
Responsibility. It is announced by the Nico Tip-off men, employed in 40 Controller that owing to great "wild-cat" radio stations, sup- increases in costs in the coun- plled the police investigators the retail with the names and dealings tries of production prices of rationed rice and flour) of numerous will be revised at rates
1948:-
RICE:
(or from 38 cents per pound
to 42 cents per pound)..
different
com-
|China's Talks
With Italy
of a
were were
Salvaged Tanker To
to
Red 'Promises' To Czech President
Prague, Feb. 27.
Premier Klement Gottwald promised President Eduard Benes today that the new Communist- controlled Government of Czechoslovakia will be "constitutional, democratic and parliamen- tary," the Government radio reported. The Communist official was
#
responding to an address by the non-party
President In Benes' first meeting with the Communist-dominated Cabinet he approved on Wednesday at Gottwald's urging.
A
act of the
Aussie
Trading With Japs
To Helsinki
Helsinki, Feb. 27:
The Foreign Ministry said today that Finland has received from the Sovlet Government a' pro- posal for conclusion of a pact between Russia and Finland, Reports circulated that high-level Government discussions were under way concerning a "new development in Russian-Finnish rela- tions."
There was mo Immediate in- what was described as o now formation as to what kind of "Soviet programane declaration." | pact was intended, whether of There was no explanation of the friendship, mutuat defence, or phrase, combination of both,
Well - Informed diplomatic the President met The Foreign Ministry sald Pre-sources sald sident Paasikivi received, a per- with members of his Government sonal latter yesterday containing both yesterday and today to dis
cuss the matter. They said he wurmmoned the Foreign Affairs Committee for a meeting at the Presidential Palace yesterday and that other members of the Gov ernment were called in later. The Speaker of Parliament was said a late afternoon to have been visitor.
Communist Claim In Civil War
London, Feb. 27.
Wild Rumours
►
C.H.R. To Start Up:
Shanghai, Feb. 27. Traffic along the strate- glo Canton-Ilankow railway is expected to resume to- ΜΠΟΥΤΟΝ after a three-day balt due to Landslides which, some sourges olsins- ad,wera'
by started Chinese Communista.
Other reports said were due to three days of taina.
the
they
The break occurred 100 milles north of Canton, --- United Press.
Reds Find A Secret
Agreement
Moscow, Feb. 27. According to a Chin- ese Communist Party
Rumours have been running spokesman, quoted by An article. In today's Com-wild in Helsinki since news of Tass, official Soviet News munist Daily Worker claimed the Communist success in Czecho- Agency, America and. that from July 1946 to Decem-slovakia.
the Chinese National
ber 1947 the
"People's Libera-
The leftist press in Finland tlon Army" in China had se- has been urging a mutual friend-Government have reach-
counted for 1,878,000 Kuamin-
tang troops and that General-ship pact with the Soviet Union ed a "secret agreement" issing Chiang Kai-shek had for a long time. Interior Minis under which air, naviga- lant 1,000,000 through desertion ter Yrjoa Loino urged-such a In the same period."
pact during an election campaign tion and other rights in China will be granted The article, by a commenta: last December.
The Communist press for some for a $570,000,000 Ioan. tor signing himself "Raymond Wong," said: "For the Chinese me has been attacking foreign Finnish correspondents in the people 1948
will be a great capital, accusing them of traitor year. It will ace them marching cus activities Associated Press triumphantly forward to their goal of final victory.
030.
||Troops
Going To Belize
The spokesman was said to have declared in an interview that. America was to get navigation rights on Chinese -Internal waterways as well as
control in southern China, and ́ prizljågds: för "hịt merchants,
The spokesman,"mid" that this "shameless" trading. In the Hovereign rights", of China was was the result of American aims to prolong the Chinese civil war,
"The People's Liberation Army has already repelled an offensive of several millions of Chiang Kai-shek's reactionary troops and has begun an offen- aive on a nationwide scale.
"In 18 months of fighting to December from July 1946
London, Fab. 27.
"There is not a single act of The Admiralty announced to- the People's Liberation 1947
economic aid Army has accounted for 1.878,-day that the 9.859-ton cruiser, the so-called
by: the American of levonshire, is leaving Jamaica granted Kuomintang troops
tonight for Belize, British Hon- Imperialists to the Kuomintang were taken duras, with troops on board which does not constituto whom 1,136,000 prisoner.
The 9,100 ton cruiser Shef-military aid," he declared. "Chiang Kai-shok has lost a, field" was expected at Belize :"Economic aid, and goods for
rendering ald, not only make it. inillion men through desertion tonight.
An official announcement by possible for the Chiang Kai- in this period."-Reuter.
the Foreign Office yesterday shek. Government to receive Raid that the ship had been sent, planes, artillery and all types to forestall a possible armed of arms, military equipment raid, said to be threatened by and ammunition from the "Irresponsible elements" from United States, but cash to buy the neighbouring repablic of armaments in other countries. Guatemala.
Last year the Kuomintang Devonshire is expected to government bought 160 tons of Join Sheffield within about 24 armaments from Belgium." hours. Reuter.
Big Coal Export Envisaged
London, Feb. 26. Britain intends to export up to 16 million tons of coat this year, thanks to an unexpectedly high production and low con- sumption at home, the Minister of Fuel, Mr. Hugh Gaitskell, told the House of Cominons to
day.
•
were
ex-
CROYDON CRASH
London, Feb. 27.
The spokesman alleged that Amarican military staff were | helping to train Chinese troops In Formona, and in towns like Nanking, Mukden, Peiping and Hartkow, and the also 'Bald: and The British Press Association "American Imperialists”. wald
were Chartered passenger] "Chinese reactionaries" plane crashed into a house near trying to postpone the Japanese Croydon airport today, killing peace treaty so that, they could
and оле
Injuring three.use! Japan to their own ends. Associated Press.
Router..
A
Gas To Be Restored In Happy Valley
The whole Happy Valley district will be provided with gas - services by the end of May, the "China Mail" learned authoritatively yester- day.
Shanghai, Feb. 27 Negotiations for the conclusion
treaty of
amity between China and Italy reached the final
The coal production in Britain has phase today and a Chinese draft as panles.. All atations raided by has been handed to the Italian
said, Gottwald, the radio
been maintained at an average of follows, effective from March 1, the police were found working Embassy in Nanking for trans.
thanked the President "for.
ver 4,100,000 ton weekly since the on a secret code and operating mission to Reme
your confidence", and told him:
Saturday overtime working was in- for approval,
troduced last Nevember, From 48 conts per under cover.
"The attempt to split. the according to Chinese reports.
Tokyo, Feb. 27. Government was a wilful
Stocks are about double those of outty to 54 cents por An official of the Economic
Negotiations for the treaty.. - catty.
Arrangements have been comfast winter when all export Control Bureau, commenting which Is in the nature
against the interests of FLOUR: From 44 cents per on the discovery of speculators friendship pact and does not in- people.
pleted between SCAP and Aus- temporarily halted during the fuel The people wanted to tralla for early resumption of crisis emergency, catty to 56 cents per radio stations, indicated that clude
traitors and two-way provisions, throw out the commercial
Mr. Gaitskell explained later that Australian Japaneso catty.
binck market operatora
initiated by the Italian assurance of people's de- trade on
a limited scale within by allocating 15 million to 16 mil wholly responsible for the cur-Government with view to mocracy. You, Mr. President, general framework
#
of interim lion tons of coal this year for
ports and, bunkers, Britain was con rent market Instability.
clarifying Sino-Italian Yelations. helped to dissolve the crisis." sterling payments agreement re-
Under article 44 of the Italian The Cabinet crisis arose cently negotiated with SCAP by 240,000,000 more to the credit' side tributing between $15,000,000 and peace treaty, China must notify when 12 anti-Communist Minis-the United Kingdom authorities, of her balance of payments.-Reuter Italy within six months of theters submitted their resigna- the Australian Prime Minister,
The only areas in the Valley supplies of materials, and ap enforcement of the peace treaty tlons last Friday to protest in Mr. J.B. Chifley, announced. . whether she
'district without a gas supply | plicances: before that, arrivals desires a renewal order of the Communist One of the clauses of the
are the Blue Pool Road and were most irregular," 露·紫聯 or continuation of the pre-war Interior Ministry affecting the agreement states that the unused
Sing. Wo Road sections.
company official told the “China. pacts between the two nations, State security police,
balance held la 'SCAP's sterling In a bold bid for firedóm,' Yeung Works has been going on for Mail" yesterday, otherwise these will be automa
Gottwald, the radio reported, account may be converted into tically. nullifled-Router.
told Bones, "I am
that dollars at six-monthly intervals, Wai-man, Chinese male, fell from the some time to restore the gas Parliament will acknowledge which made it necessary to treat roof of a house in Koon Chung service to these two sections.
Yaumari, at about 2 pitd. yesterdayWith the recent arrival of e this Government, too,"
Japan virtually as a dollar coun- He was quoted as saying he try for importing purposes, and seined injuries' cu his head.sential materials from. Britain,
from which he died later in Hospital. the gas company is now exertantorsione" there extande i
General, altisation infrom-tha. Biberfan The new ́arrangement' will rojected the criticism of the
"It is reported that Yeung was foreign countries which were overcome difficulties, created by brought out of Stanley Prison yestering every effort to complete the of bisk proeurs serom Manchuria so as Be shiGerelone which has devstound over the day to lead party of Police to work as soon as possible. sponsible for Munich. the convertibilty clause.
{ ustajala "motid - to the wais - Carolinen: A will be Broadwood Road, and was rides from the Burian, sallayalone sections of North Point and exile to north Chloe, A'mall ́depress Causeway Bay BRESKIZINA dersening newly and la, moving towards PIRATES FOILED Areas Full without masser botry, Ryushu Anothers with depressiem According to ■ report made to the vices, apart. From the above, hedersoped and Tungking. Thesisek)----LähtTM: sont 3) winds. - Cloudy tion de morn]KKA/Sta launch, towing six, junk, was attack Road, Magasine Gap, 'a'
Go To China
Salvaged by the Hong Kong Government last. year, a 6,000 ton ex-Japanese tanker of the Wamashima Maru, class is to taken over by [China's Enemy Property Liquidation Office for Kwangtung-Kwangsi-Fukien next week, the "China Mail" learned from authoritative.- AgaChinese sources last night..
Associatai: Press.
auro
*MORE MURDERS
DASH ENDED IN DEATH
The Weather
"strong`ridge
* The baals, of the arrangements rest certain alleged, anocistes when The next areas to be tacklede bl. Japan z and from, istá ayother ridge | Is that: Australia will authorise, he made his attempt to escape, from the laue of licences for the im-custody.. portation, by a private trader of
CHIANGS BACK IN CAPITAL
Nanking, Fab. 26. President and. Madame Chiang Kai Shek returned to Yesterday, the Chinese official G.B.E., Salvage Adviser to the Nanking from Kuling, last representative" in Hong Kong Marine Tepartment, salvage night, after 10 days stay at the paid the Marine Department a work on the former Japanese summer capital. Accompany theque - for HK$332,840-the tanker, sunk by Allied bomba ing them was Gederal Yuchi: amount which the local harbour off the Yuen On wharf, Con-shib, Director of the Bureau of Authorities charged for salvag, naught Road West, began on Military Affairs-Reuter- Ing and raising the vessel, S „July 1, 18-17) - It was completed
Under the persent); super on November 16 last year, NEW RECORD FORT Mar 07 Luder cluded from the arrangements Ision of Captain W.A. Doust,During the four, months, tho
versel was raised and, lowered, fon lo disTerent occasions qwing'
ON OTHER PAGES to typhoon threatas saro
BRITAI
We built wall raised eventually and Mike. Lith
towed upside down to a point new Internati or StondcuftöFAUTS land kiwher
when BEAWARE LIE WHl Temain until the Chinese
Feb. 276
sty pilot ablished a
IN BURMA, al
hong, Rangoon, Fib. 27.
cortata esaetitial goods from Japan, thus providing SCAP with funds to burchase, Australian
Despatches from Mandalay: 10" | wool and alber products. Cotton Water Police yesterday, "a"","steam mentioned 'locations” kid'Browen with log patches /aš2 Krit- becoming. Lale,
day reported, the assasination of textiles and cotton yam are ex-ed by a funk, contalabg 20 places of Harker je Road:
of the Upper Burma ↑ Bánident, Reuter,¦
\mociation (and. His Bigan/exe-/
Lof the organjanión:
The advices had been shot
of the anu
IN
when near Wat Man in Chinese Cameron, Gough, Hil, Mou
waters, at about 10 am, on Feb. 20, Austin, Middle Gap Road and After an exchange of fire, the Cragmin RoadEWARNA pirates were beaten on and the steam
launch and Junky in tow proceeded Work on restorinirişibe: pers to Hong Kong
I
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