1948-06-24 — Page 7

THE CHINA MAIL, THURSDAY, JUNE 24, 1949.

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Four-Power Talks Breakdown After 5 Hours

"Could Find No Basis For An Agreement”

Berlin, : Junė 22.

HUGE SHARE PROFITS

Johannesburg. June 22,

Financial experts from each of the four powers governing Germany

discussed currency reform behind closed doors for five and Evidence of huge profits a half hours in Berlin tonight, without reaching any agreement.

Sir Cecil Weir, leader of the British delegation, said, when they had ended: "We could find no basis for an agreement." Mr. Jack Bennett, who headed the American negotiators, said: "We could not get any agreement." None of the financial officials would give details of the discussions until they have made their report officially to the Military Governors.

'Tonight's meeting was prob- The Russians gay the controls ably the lust attempt to reach 41 their occupation zone border on agreement about a curroney and on the International road to

for Berlin. It

Berlin, are necessary to keep out the

flood of money declared worth- present currency less by the Western reforma. They talks--no further arrangements seek to safeguard the economy" being made for a resumption.

of their zone until they can in- The meeting followed the Rus stitute a reform of their own. nian_acceptance of an Invitation

reform ended

also

by General Sir Brian Robertson. With its supply trains stopped the British Military Governor, 10 by these controls, the U.S. Army discuss a currency reform in Ber-emergency air lift went into ac- lin which is divided into four lion at Templehot air base with sectors.

70 planes in from Western Ger-

own.action.

Tax Cuts In Germany

Frankfurt, June 22. The text of the revised tax legislation, cutting the Ger- man income and wage taxes .by an estimated .one-third in

the..British,

American and French occupation Zones of Germany

WAR Issued hers

tonight.

Its purpose is to adjust taxation to the newly-insti- tuted curranicy reform-Reu-

tar,

Attempted Intimidation

Vienna, June 22. The Austrian Cabinet today discussed the recent arrest of the Chief inspector in the Ministry the Russians and issued a de

maue in snare deals was given today at the resumed prepara- tory examination in Johannes--| burg of Norbert Erleigh and Joseph Milne, former juint managing directors of the New Union Goldfields. Both men

theft are charged with

and fraud.

P. Granton, former head of the New Union's Securities Depart ment, sald he know Erleigh had a right participate to the ex- tent of 250,000 shares in the Aguderand Main Company.

On Instructions.

125,000 Ago- derand shares were entered at Fold to Erleigh and Milne cach nt 15 shillings per share.

No shares were entered out of New Union's Securities Depart- ment. Neither were

they de- livered, Granton sald, because they were offset against sales of

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On another ceston, Granton said, he had a rate from Milne Indicating that Ae and Erleigh had a right to participate in 25,- 000

in Johannesburg Shirt shuren Manufacturer Lid at eight shill- Ings cachThese were sold at 15 shillings

each. Granton WER

the difference on 25,000 shares each to Erleigh and Milne-As- sociated Press ̧.·

Some Allied observers saw in many and 75 out during the day. the Soviet acceptance of today's The incoming planes brought to meeting a sign that a compromise Berlin an estimated 157 tons of might be worked out to prevent food and other suppiles. Berlin-being torn between rival currencies in the Western Zones, but it is now ex-ome military freight into Berlin of the Interior; Anton Marek, by asked to make out cheques

Eastern and The British have been getting pecled thut Russla will take her by rail because they have used juration that the Austrian Gov- open cars which can easily be According to Herr Heinrich Rau inspected by the Soviet zene cur-ernment is prepared to resist all

altempls at intimidation. Chairman of the German Eastern use sealed cars and have refused clal basis the general attitude in rency hunters. The Americansi

The declaration on an off- Zane Economic Commission, Mar-

to permit Russian troops to board shal Sokolovsky

expected and open them. hourly to approve a currency re- form plan for his Zone which Trains bearing supplies, for would give "maximum protection | Berlin's German population also 10 workers, small businessmen continue to come through on re- and Intellectuals. und penalise duced schedule because of rigid black marketeers and war crf-Russian examination. In the minals."

last 24 hours only six of these arrived as against a normal rate of 18 per day.-Associated Press.

was

Soviet Plan

The Soviel - licensed Berlin IL SU .newspaper "Nacht Express," re- ported today that the Russian authorities intend to charge the city authorities with the carrying out of the reform in Berlin.

The American military authori tles today published un exchange. of letters between General Lucius: D. Clay and Marshal Sokulovsky

which

the American Military Governor

affirmed that all the sccupying powers-had-equal-rightsi

in Berlin.

the Government that Marck's ar-

res! (in which ic is charged with organising explonage against the Soviet Union cuthorities) was Russian attempt frighten

4

Denmark Tanker Quest

use

for

Copenhagen, June 22.. the Austrian Government away Denmark will probably try to from future prosible action

part of her International against the two remaining Com-Bank loan for the purchase of munists In the Ministry-of-the two or three-big notor tankships, interior-Associated Press. which should be built in Japan, the morning newspaper National- tidende said toriny.

SOKOLOVSKY TAKES HIS OWN STEPS

Marshal Vassily Sokolovsky, the Soviet Commander in Germany, today precipitated a major crisis in Aflied relations with his announcement of a „now currency for the Soviet-Zone-and-alt four

Allied sectors of Berlin.

* M

"I cannot agree to the Soviet Colonel Frank Howley, American Army Comman-

Milltary Administration asuum) -

ing sole responsibility for Ber-

lin on the ground that it lin within the aald.

Bovlet Zone,"

General Sir Brian Robertson

City Decision

no:

GD."

dant in Berlin, said at once that the Soviet cur- rency would be rejected.

the

same

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The newspaper said the International Bunk in Washing- ton had been approached cerning whether Denmark may -use-part of its loan for US$40,- 000,000 for this purpose.-United Press.

con-

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Berlin, June 22. Germany's three "Democratic" |parties-Liberal, Christian

and Social-today rejected a request from the Communist-controlled Cen-out

Socialist Unity Party for co- operation "to solve the present

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"The only orders we accept The Russian-controlled the British Military Governor, in the United States Zone are tral Bank, situated in the Ger- had sent a similar letter to Mar- the orders of General Lucius man Zone, was ordered to cease serious position of Berlin caused') shal Sokolovsky.

D. Clay, our commander-in-all banking business: The West by the Western currency reform." Berlin's City Government today chief," said Colo Howleyern Allied authorities countered the Gorman, news agency, DFD, rejected in advance any attempt "Sokolovsky has

by ordering

all banks in their reported.-Reuter. by the Soviet authorities to im-rights as we

Moctors to continue on a normal and no more. Laxis. pose an Eastern Zone currency Berlin is under four-pawor reform on all four sectors of the government and must remain

Marshal Sokolovsky announced city.

his new currency in letters, to General Lucius Clay and the Bri- Apparently Marshal Bokplow-tish and French Milltary Gov- sky is determined to force A At a special meeting here, the

ernors, the Russlun-licensed news showdown in his month-long agency, ADN, said. city authorities decided to sue .dispute with the Western Al- instructions to the municipal-au-

loHo said-tile-currency de- thorities to obey unilateral orders

der would go into offDCS on Thursday. only in-the-power's-sector-

Marshal

1---Sokolovsky'ę - action Allied sources aaid same

Immediately after the Big

I hope that in the British. tonight that rail traffic Into Four powers falled in a five and American and French sectors of Borlin

from the West has a half hour meeting to get agree Borlin no obstacles will be placed been.alashed to less than one-ment on a united German cur in the way of carrying out this quarter ita

normal volume by toney for either Berlin or all currency reform, which has been the Russian restrictions in the Germany. High city officials of forced by your separate actions, last four days.

Berlin were ordered peremptory and that you will not make any The German news service, to Russian headquarters shortly dimeultles in securing normal DENA, reported today that the before midnight.

circulation of the money three Western Military Governors

normal economie life in the So- viet Zone and the area of Great- or Berlin," wrote Marshal Soko- lovaky-United Press....

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American, British and French

will meet the German State Pre- once experts were called Into miers in Frankfurt next Friday as urgent conference to consider the provided for by the London situation. agreement on West Germany. Reuter.

Berlin Restrictions Meanwhile, Berlin remained in

the grip of travel and goods transport restrictions imposed by the Russians al midnight last -Friday.

Cobalt For Cancer

Radioactive cobalt will pot much changer than tas cancer treatments, two Chlo: Bat University scienfisis said today.

Drs Willam Myers and Moseph. Morton told the American Radium Society, that

-new-product of ato Cobalt,

would not be more than twg and a half per cent cheaper tha' radium..

Although, epþalty has been hilled radium poor man'

thuy sald," it will be al- most as expensive because of the

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Marshal Sokolovaky sald, hii naw currency would consist of old. blits An which special stamps would be pasted.

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