1948-05-18 — Page 9

FASTEST DAILY SERVICE TO AND FROM, MACAU

T.S.S. "MERRY MOLLER"

Leaving Hong Kong 9 a.m. Dally from Wing Lok Wharf Leaving Macau 2.00 p.in. Dally.

Times subject to alterailga without notice:

MOLLERS' (HONGKONG)" LIMITED

Queen's Building,

HONG KONG.

THE DOUGLAS STEAMSHIP CO., LTD.

S.S.

“ HAIYANG"

Sailing for SWATOW, 25th MAY

FROM DOUGLAS WHARF Subject to alteration without Notice.

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

DOUGLAS LAPRAIK & CO.

General Managers.

P&O. Building, 6th floor. Tel. No. 81231

OT

CHINESE SHIPPING DEPT.

20 Connaught Road, Central. Tel. No. 24099

BEN LINE STEAMERS LTD.

SHIP

8.S. "BENARTY"

S.S. "BENLOMOND"

ARRIVALS

Mid June READY

FROM U.K.

DU

6.S. "BENMACDHUT”

U.K.

20th May

24th May

U.K.

BAILINGS

London, Antwerp

· * 5.5, "BENMACDHUI“

24th May

Kotterdam, Hamburg

Late June

B.S. "BENLOMOND“

For Further Particulare, Apply To ---- W. R. LOXLEY & CO. (CHINA) LTD.

York Buliding

Agents

Telephone: 24165.

The SWEDISH EAST ASIATIC CO., Ltd.

M.V. BRYNJE

M.V. HALLAND M.V. BENGAL M.V. BENARES

·M.V. NAGARA

"

OUTWARDS

.Discharging liong Kong In Port 1st June Early June Early July End July

12

1

23rd May

Mid July Mid August

HOMEWARDS TO EUROPE

M.V. BALI.... M.V. BENARES

M.V. NAGARA

For

ADEN, PORT SAID. GENOA, MARSEILLES, ANTWERP, ROTTERDAM, (AMSTERDAM COPENHAGEN, OSLO

AND GOTHENBURG.

Tanks avallie quitable for the carriage of oil in bulk. For further particulars apply;-

FLARE 2

GILMAN & CO., LTD.

IKE MOLLY

Agents.

Tel. 91146.

ISTHMIAN LINE

(Isthmian Steamship Co. of N.X.)

ARRIVALS

FROM ATLANTIC & PACIFIC COAST

8.8. "STEEL SCIENTIST. ... discharging Hongkong end May

SAILINGS TO ATLANTIC COAST

a

8.S. "STEEL VENDOR"

8.5. "CAPE SAN DIEGO"

for

loading .. about 22nd May

H

20

25th June

NEW ORLEANS, PHILADELPHIA, NEW YORK

AND BOSTON

For further particulaes apply:-

*TER WELLS

GILMAN & CO., LTD.

Agents

Tel. 31146

ISTHMIAN LINE

(Isthmian Steamship Co, of N.T.)

Direct Sailing To Atlantic Coast Ports via Panama in 33 Days

S.S. "STEEL VENDOR"

Due 22nd May

Salls 25th MAY

NEW ORLEANS, PHILADELPHIA, NEW YOBK

& BOSTONE

MILLA For further particulars' apply:-

GILMAN. CO., LTD.

Agenta.

TEL. 11148.

THE CHINA MAIL, TUESDAY, MAY 10, 1948- ****

FREE MARKET FOR GOLD

Long Struggle Developing In Congress Peninsular Battle Against

Inflation

h!=-་་་་་

Washington, May 16.

Informed, industrial sourcos anticipate an attempt by the mining States delegates at the Republi- con and Democratic National Conventions to interest platform committees in a proposal for the re-establishment of a free mørket for gold in the United States.

Technical preparations indicate a long struggle de- -veloping,, both in the United States Congress and before the general public, to legalize again private holding and trading in gold:

Bills by

Three-Point Programme

Senator McCarran`ƒ gold lì the world outside of Rus- nd Representative Clair Engte sin in about ten years. to permit Import and export of gold for private holding have

The fact that the United not yet been the subject of States already holds 80 per cent Congressional hearings, but of the world's gold makes it diM- have been widely publicized cult for other countries to return the mining industry and re-to the gold standard, the tette: portedly were widely endorsed continued. by prominent economists and

nining organizations.

Mining experts sald the posal-

bility of arousing national poll

Inflationary Trend

Mr. Brownell alleged that the US$2,000,000,000 anuni increase United States Government old-holdings would be equivalent

kramme:

1. Resclus

There May Be Japan's

Some Delay"

* Salgon, May 10. - Mr. Thaŋ: Van Huu, Vice- President of the South Viet ham Government, told Reuter today there. might be some delay in the setting up of a Vietnamese

(Indo • Chinese Nationallet) Central Govern. .ment.

Mr. Tran Van Huu recent. ly returned from Hong Kong, wherp. he met Bao. Dal, the ex Emperor of Annam.

Mr. Tran Van Huu cald he had been instructed by Bao Dal to contact various por. sonalities. Не declined to discione their

but namce. They are believed 10 be mombers of the Indo-Chinese resistance-Reuter.

Economic Recovery

Chicago, May 17..

A Chicago importer just back from a trip to Japan says that country's economic recovery is likely to be more rapid than any other..country in the Far: Eust or even in Europe.

S NOS SEPARABIT

Fage

Oriental

STEAM NAVIGATION COMPANY

SHIP

"ORBITA"

ARRIVALS

DUB

27th May

FROM

.U.K.

TRKVELYAN' "TREVEAN”

Jaban

28th May

.....U.K. and Continent

vin Straits

30th May

„Bhanghal

6th June

‚U.K. and Continent

via Straits

12th June

"ORBITA" "TREVOSE"

"TREVEAN"

ot

SHIP

"TREVEAN"

Ja

**ORBITA" "TREVELYAN"

The importer, John Rosettl the I and R Enterprise. Incor. porated, impurlets of dinnerware and Inney goods, said Japan poised for a large development of trude and will soon become highly important world market,

This trade revival, he said, will be greatly neeclerated when more

naterials" and skilled labour

ownership of gold by United available. States, cllizens.

靄

(FC

Rossetti said one of the factors

2. Permit a free market, both contributing to Japan's revival is in the United States and clse the enterprise of the people. where, for all rold. Including They work hard, Arc nmbitious United States mines production, and capable, and are eager

"ORBITA" "TREVOSE? "TREVEAN"

to

at

British

These

10 an increase of US$10,000,000,-

to build a more prosperous future, tical interest in free marketing of

000 of bank credits through loans

3. Leave the present United gold wises from the proponents"

Doing business in Japan an States gold policy otherwise in- claim that would have an anti-r discounts. He said such

inflationary threat could be re- changed, continuing the obliga-present is subject to many re- inflationary effect on general nailed by a honal econoniz.

three-point pro- tion of the Treasury to buy gold strictions growing out of the war, offered at US$3 per ounce.ussetti added, but when the peace

treaty, is signed, most of prohibition of United Press.

handicaps will disappear.

lie predicted that many of the) higher priced Japanese wäres will be flown to world markets by cargo pline, at a profit and with a great saving of time.---Associat-; ril Press,

Members of both major parties are disturbst by the continued inflationary trend of the general urine levet and the refusal of Congress approve stringent

to

price control programmes turns Political altention to bossible

means of intuencing the price level through changes in the gold laws.

The Republicans, Democrats

Stars Fading Into

Expanding Universe TRIAL TRANSFER

New York, May 16.

Gr botti have adopted some Dr. E. A. Kroikon, President Curator of the College

kind of monetary declaration

1}

every national

convention

since 1880 and the revival of

such discussion is probable in

campaign in

the forthcoming view of public bitterness at the The high cost of living.

Both - the United States Treo- sury

International the Monetary Fund requested its members 10 prevent the sale of guid at a price above the United States Treasury price of US$35

per nunce.

of Indonesia in Batavia, today said the Earth man of the far-off future would be no star- gazer because there would be no stars. noted Dutch astronomer said the time was coming when the galaxy in which Earth is located moy be isolated from all other galaxies in the universe.

Dr Kreiken is visiting United States scientific centres, includ- | ing Palomar in California. where the world's largest teles- cope was recently installed.

DENIED

Shanghai, May 18. Police authorities refuted Inst night press reports that Tour persons, recently prrested charges of dealing in illegal re ml:lances to Hong Kong, ind to been transferred to Nanking Mund trial

The arrested men include threu officials of the Ling Wang Co., of 28 firms recently "The farther they recede the Inrgest greater the speed and eventual-raided by Economie Police. ly they will be travelling Pe revealed, however, that the speed af Eight-170,000 in brdance with instructions miles per Second."

from Nagking, any man arrested

at

Our own galaxy is' mov- foreign in gold and longer be visible to earth.

U.S. Gold Stocks

He said some day they would in future for illegal remittances However, Mr. Francis Brownell, He said it had been, estimated

erfor pass beyond the horizon and no of funds to Hong Kong, or chairman of the Financial Com that

that 200,000,000 galaxies, cach

man on unlawful mitter of the American Smelt containing millions of stars, had

will be hand- ing and Relining Company, in a been sighted, and with the new

to a special criminal letter to Congressional Commit-lelescope another 1,000,000,000 in too, but not as rapidly as ed over

be tried under would probably be others. The stars in our galaxy tribunal and will" tees, said this action by the galaxies

will gradually fade from sight, the National Government's econo International Monetary Fund had brought into focus.

Dr. Kreiken, necording to

and mic emergency laws under which He doubted whether science then nights on earth will be dark the the effect of diverting to the

lightest punishment is United States Treasury

large

bo would

able to determine

the moon.-United seven-year gool term and the amounts of gold which otherwise

whether other Galaxies have except for

heaviest is death-Reuler. would have been sold elsewhere.

worlds similar to our own. He United States gold stocks in-

said some scientists believed the 'universo had' been expand. 10,000,000,000 years and others estimate It at many times that figure.

creased by US$2,000,000,000 1947. "Previously the demand for gold outside the United States to absor at was so great as

above $35 nil gold prices well

101

offered and very little came 10 The United States Treasury, Cx cept United States production, which by law must be sold fo

il

ing

"There are some who believe may have started from pin- point size and eventunity it will return to zero. Starless nights nre а long way off-probably Mint. Outside demand still billions and billions of years. No remains" wrote Mr. Brownell. cause for us modern stargazers

The Brownell letter said the to worry. US$2,000,000,000 of gold bought

the

by the United States Government Expanding Universe

In

1947 was equivalent to world

"I believe the Palomar "tele:

production, excluding Russio, for scope will prove the theory that It the universe is expanding and about two and a half years. said if the United States. con- galaxies other than our own are. tinued to buy at this rate, it moving away at n rate of 25,000 would purchase all the monetary❘ miles per second.

12

A BRITISH CROSSWORD PUZZLE

18

20 121

23

25

27

B3.

Clues Across...

'1-Small-wave. 20′ Gövernor.;

5 Heathen.

B Universal principle.

22. Bird.

23 Mölinds.

20 Modltalėdas,

9 Tittle-tuttic. 20. Charge with

10-Mar $1 Near

monstrates. "N"Rub 6UE=" 10 Gets up. 18 Female

superior.

gas,

27 Precious atono

20 Clapring i

"a"wood..

29. Newiþaper».'.

mano

Yesterday's Crossword

5 16

Clues Down

1. Record.

2 Bustic.

3 Secular. 4 Inquire

Into.

5 Own.

Electrica

17 Wrong.

14-Candidate. 15 Conttivo

10 Cut short,

17 Set apart. VIP Execute.

21 Custhiivir 24 Germ.

Heart, 10. Foull, 20 Tolfod, 201

Press.

HOLLAND-EAST ASIA LINE

M.S. "RIDDERKERK

LOADING 30th & 31st May

FOR

MANILA, SINGAPORE, COLOMBO, ADEN, SUEZ, PORT SAID, ALEXANDRIA, GENOA, MARSEILLES, ANTWERP, ROTTER- DAM AMSTERDAM, HAMBURG, COPENHAGEN, GOTHENBURG

AND OSLO.

Tácit, 25° Garials, 20 Em]b:27 F0= ||| fpr 28 Defendi

Down: 1 Rapt, 21

Malm, Extort & Measure, 36 Applaud, 7: Seconds,, 10%. Pinjor,

Acroar.1 Resume, 8 Mamii, 316, ameling, 17. maricel 10-301-

Axle, 9 Permit, 11 Asple

ter, 17 Outer 1 19. Frlaid, 11 Late,

ROYAL INTEROCEAN LINES

Incorporated in the Netherlands as KONINKLIJKE JAVA-CHINA- PAKETVAART LIJNEN N.V.

AMSTERDAM

King's Building, Connaught Road. Tela. 28016, 28017, 28018.

+

STATES MARINE CORPORATION

S.S.

(States Marinė Linas)' “DAVIDSON VICTORY”

DUE 24th MAY

FROM

NEW YORK, PHILADELPHIA BALTIMORE AND HAMPTON ROADS.

Agents

GOURLIE CO. (H.K.) LTD.,

Union Building,

Telophone 81841.

IVARAN LINES FAR EAST SERVICE

Expected arrivals from U.S. Atlantic Ports:-

M.Y. REINHOLT. - q...............sk

HT. "TVARAN

m.y. "STOCKHOLÏ"""

about Mayo: 25th

Judo · 18th faty * 11th **"Angust” 15th,

26th about, May

Jahe 17th- Jakya 13th

·August 174

Expected sailings for Now York via Panamar

AVERSKE

IYA "REINHOLT""

M.Y. "İVARAN”

11+; *STOCKHOLA"

A VESSÉT, IZEN

¡For freight & further particulars appis 39:

WALLEM & CO.

Agenta

Hongkong & Shanghai Bank Building,

-Chinese-Freight Agents::

HIN FAT & CO.

"Tol92,483

Japan

SAILINGS

TO

Shanghat & Japan Shanghat

Singapore, Penang, Aden, Port Said, Genoa, Marseilles, London, Antwerp. Rotterdam (Amsterdam).

V.K.

Shanghai & Japan. Singapore, Penang.

Colombo, Aden, Port Said, Genon. Lauden. Antwerp. Rotterdam (Amsterdam).

22nd June

BAILING

25th May

28th May

30th May

9th Juna

21st Juno

24th June

India

STEAM NAVIGATION CO., LTD.

BJIP

**PURNEA" “OZARDA"

SHIP

ARRIVALS

FROM

SAILINGS Shanghai Bombay

TO

"PURNEA" "OZARDA"

SHIP

"SANGOLA” "SIRDHANA"

SHIP

"SANGOLA"

“SIRDHANA”

DUR

29th May

7th June

Bombay via Straits Shanghai

APCAR LINE:

ARRIVALS

FROM

Japan & Amoy- .......Chutia & Straits

SAILINGS

SAILING

31st May 10th June

DUE

21st May

16th June

Singapore, Penang -Rangoon-&-Calcutta. „Amoy & Shanghai

Has Refrigerated Cargo Space,'

SAILING

23rd May 19th June

Eastern

Australian

STEAMSHIP COMPANY: LIMITED

ARRIVALS

SHIPS

"NÁNKIN" "NELLORE"

SHIP

"NANKIN"

"NELLORE"

May

from

Japan & Shanghai Australla & Manila

SAILINGS

ΤΟ

Manila, Sandakan, Rabaut, Brisbane

& Sydney

Shanghai & Japan

For full particulars apply to

Dan

28th May 10th June

BAILINGS

7th June

14th June

MACKINNON, MACKENZIE & CO. Telephone Nos. 27721-4.

WATERMAN

STEAMSHIP

CORPORATION

MOBILE, ALA U.S.A

EXPRESS SERVICE TO NEW YORK

3.5. “KYĘKA" 13. "AZALEA CITY"

vla Panama,

wki...... loading Hongkong about 25th May: miu - loading Hongkong about 28th MBY DIRECT for New York, Baltimore and Philadelphia, vİR Shanghai and Honolulu."

Lipited Passenger accommodation Tanks available for bulk oil cargoes.

For freight and further pa

apply

WALLEM & COMPANY

Agerits.

Lengkong

84177-#

Ohliano Freight. Agentat,

THIN FÁT NCCo