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CHINA MAIL
No. 34017;
ESTABLISHED FOR OVER ONE HUNDRED YEARS
DAY HONG KONG, WEDNESDAY, JULY 7, 1948.
IMMEDIATE FREEZING OF NOTE
ISSUE WANTED
Nanking, July 6. While the Government's unbalanced, budget continued to be subjected to legislators. critical study at committee sessions, a re- solution was introduced in the Legislative Yuan today, which proposed the immediate freezing of the note... issue ond requisitioning of Chinese assets in. foreign countries.
This would 'forestall a
total economic collapse when, the budgetary figures for the next six months are publicly announced.
::
In view of the vast discrepancies between incomes * and expenditures as listed in the budget, the proposal said: "We cannot imagine any of- fectiva measures the Government could take to balance it except by further increasing the note issue,"
Signed by 41 legislators, in Sixthly, the allocating of special cludings some of the most vocl-expenditures' on a monthly basis ferous members of the Legisla-pending the realisation of the tive Yuan, the resolution above measures and procuring the suggested the organisation of a required quats through compul- sory method-from-wealthy : Indus
to
Maureen, Gardner, Britain's woman hurdling champion, (nearest samara) leading the fl sid winthe BO-matron hurdles in the Women's, A. A. A. national `championships it Chiswick." Naxt to her is" Mla, I. Robertson and third · from “i
special supervisory committee trialists, businessmen, landown ́· ́loft la Mlis E. Sculthorpe, (A. P. Photo) Jointly with the Control anders and others in Shanghal, Can Executive Yuans, to ensure that ton. Hankow,, Nanking, Tientsin as of this month, the Govern and Pelping ment will discontinue resorting to the printing press to meet budgetary 'deficits.
›
The resolution also suggested that beginning from this month |public servants should have 'sover."İ It said, in consequence, the per cent of their salaries, multi- Government, should adopt the plied by the monthly cost of lly. ¿following meatures to covering index instead of 30 per cent, special expenditures firstly, by until it is increased, progressively
turning into cash the proceeds to 100 per cent in October
-49f all. American aid supplies, Reuter-AAP.
wiemy, properties" and surplus)",
Der „spaijaf materials:
Serdly; the requisitioning_ef
Shines holdings
abroad
with
Price Control
2 Veins for their utilisation to be Plan Finalised
भ
3
submited by the Executive Yunn
within two months to the Govern ments of the countries where the beings gro deposited:
Advance
Reparations
Thirdly, to start levying, a oro.
„Prima/ Minister Wong Wan-} hao's new prios: cpntral mes•
were finalled today! aures following a meeting with Pre- aldent Chlang - Kai-shek -ya- terday and will be promulgat- ed in the next few days, it is rellably learned,...
Shanghai 'will be“the main tar- prty tax within the shortest posget of the Premier's new fight asible period of timo. ***
against rising prites because the Fourthly, to nogotiate with fully is considered the "nerve cen- the United States Government | Ire" of economic fuctuations. for an advance “allotmentTM d? Japanda reparations which is to be sold for cash. Firhly.
to negotiate friendly countries with the view to securing special military loans:
EISENHOWER REFUSES NOMINATION
with
Washington, July:o. Anti-Truman Democrats, to- day began a desperate adarch for another candidate after Dwight Eisenhower punctured the draft Ike" balloon by say ing he could not accept Demo- cratic nomination.
Chiang Ching-kuo, the Gener- alissimo's son is now in Shanghai investigating the speculation and hoarding altuation.
It is learned that the main pro- visions of the new measures are:
(1) Thorough search of ware- houses throughout Shanghai will be conducted. Merchants inter
hold goods not within the scope
FORTUNE IN DIAMONDS
HIDDEN IN 4 BUDDHAS
Four stone Buddhas, bought in China, have yield- ed their English owner from Swatow a fortune estimated at HR $3,000,000, according to the local Chinese evening newspaper. "Sing Too."
The fortune, in diamonds, was accidentally found inside the statues in Hong Kong a few days
·Danger To Swimmers
+
Dangerous currents exist on the coast off Castle Paak Road, the Marina: Dapartmant announced yesterday...
the
Warning swimmers, Marina Department said aur... renta between Ma Wan latand and the maintend-reach from four to five knots.
of
area,
Owing to inequalities the FOR ed. in the strong rips and eddles occur and the under-tow- drift in dangerous to people ■wim»^- ming far from shore,
uf bis trade will be severely 200 House
punished.
(2) Merchants are allowed to hald only three months' sup- [ply within" the sonpe of their trade. Any excess amounts · En his hand wilt he considered Hledat hoarding
(3). Orders which dealers placed with factories will not be allow ed. to "circulats as currency."
(4) Capital in the city will be “rationally evacuated."
Applicants
Mr. U Tat-chee
told the "China Mall" yesterday that the number of applicants wishing to participate in his housing scheme has reached 200...
Registration of applicants, bas closed.
Some admitted openly that it was hopeless and that there was (5) The financial -control "The five-roam, double-storey nothing to stop President Harry bureaus will continue their actie houses will be built pear Kowloon S. Truman winning nomination Vitles-United Press.
when the party's national con** vention meets in Philadelphia'
next week.
Tong
The discovery was reported to have been made when the owner was cleaning the Búdd- has, before, packing them in a box to send to England.
-"While In China three months ago, the Englishmon bought four alone
Buddhas and several smaller ones. He kept them in a friend's store-house "until a few. days ago when he decided to send them home.:
Small Door
As he was scrapping, off some. earth.off the back of one of the statues, he discovered, a amait door, two inches wide and four Inches high. Inside there was a small "ball of cotton-wool in which was found some diamonds wrapped in alk. In the other three statues he also found diamonds wrapped in #ilk. A check of the smaller Buddhas yielded, nothing...
Ho estimated the diamonds to be worth HK$3,000,000. He would not say how much he 'pald for the Buddhas in China.
Carole
Landis :
Suicide
PICTURE OF THE DAY}
WOMEN HURDLERS
Prica: 20. Cents,
JUST ARRIVED FROM U.S.A.
CASH BOX
WITH
COMBINATION LOCK
NOW, OM DISPLAY AT:-" HONG KONG TYPEWRITER - EXCHANGE
Tel: 21435 9, D'Agullar St.
TYPHOON BEARS DOWN
ON SHANGHAI
Shanghai, July 6,
Shanghai bottened down this afternoon against the 'violent typhoon which is at present, sweeping. across the Wenchaw area, and is expected to hit the city some time tonight:
While ships in harbour have cancelled their sailings and moved to stronger moorings, many shops and offices closed early after midday and sent their staffs home.
The Shanghai observatory issued a warning that if the typhoon continues on its present course from Wenchow, it will probably strike Shang-
hai early tonight.......
bre
due.
As a precautionary measure, the ships take proper precautions the United States Army, au- no ~ major mishaps thorities here liave sent all "Shanghai's protected position their aircraft to Nanking. All from the open sea ought to see air schedules were disrupted us through," le sold. today with not a single plane leaving and only one-from Hong Kong-arriving,
Ziccawal observatory's Father
Cherzi reported that wind velo- city had reached 80 miles per hour for a few minutes at noon inday Weather stations and harbour but abated in the afternoon.
mastere holsted· hurricane, alg• {* Might Pass East the river approaches to Shang. Tho, wind picked up again in hal to batten down the hatches and not to leave the harbour, So far only minor damage along the river has been reported by the harbour. master. He said it
nals to warn ships anchored în jur
!
TEARS UP £5 NOTES
TO KEEP THEM INTACT
Sydney, July 6.
- man walked into the Commonwealth Bank in Sydney, tipped from an envelope a £5 note tom up into tiny pieces, asked the bank td.replace it with.o.new bill.
After the g-saw puzzle had been assembled satisfactorily the money was paid over.
This work, the same man ivisited the samo bank, saw the samo toller, repeated, the performance,
The teller became suspicious, sought reasons.
The client mumbled something about his little baby tear- ing the money statutory declaration would hays to be
The teller said "a.
made out, so the client explained, answe
***Wal, go to a two-up school every week-end.
Whatever I win a diver. Lafear it up,inigucomall': ploces 'and put it fa my pocket, straight away, so I'll be certain; they
can't get THAT one back.",
ECA PRIVATE
TRADE POLICY
Shanghai, July 6.
Top Economic Co-operation Administration officials came out flatly today. in favour of U.S, aid to private enterprise in China rather than the
· China Government. Roger Lapham, ECA China director, asserted at a news conference that.
.
Enterprises MR BLAIR-KERR
backed by private capital are "more productive" and he'cdd- ed "I'm out here to get the most for the American taxpayer's dollars."
i
Charles. Sulmon, heat of declared FCA's survey: mirsion,
the ECA-programme-is."commit- ted to, a [ing **
the late afternoon. Gherzi sald he didn't expect the record blow at noon, would be exceeded at the height of the storm tonight. He of the typhoon said the centre might pass chat of Shanghaj./
"Even so it will be the closest call Shanghai has had in the past eight years, he told the Associated Prés
Power lines were down in the city' western outskista and radio antennas Were toppling
from many apart
apartment and
and offion Bulidings
Pact With Sterling
Hanking, July 6.
The Hain Min Pao report-" ed today that SOAP is now approaching Britain for an Anglo-Japanese trade treaty providing transactions In pound sterling.
The paper said ' "BOAP'' initiative reprávénted 'another
State stop in tha” “United' polloy of rebuilding Japan."
It said the trade agreement will cover all countries of the sterling blee, excluding only Hong Kong. The paper said one of the Gexpected, pro- vialong of the treaty is that raw materials" transactions will continue' to be done in U. 5. dullare-United Press.
Cruisers Hurried Departure
Istanbul, July 6. Three United States cruisers Rulled unexpectedly today, 24 hours ahead of schedule, after an urgent order from Vice- Admiral Forrest E. Sherman, United commander of the States Mediterranean Fleet.
The Fargo, fag-ship of Admiral- heriniam the Huntington and the over in the Juneau had been visiting here
since July 1 river Land swarms of Whapped sampla coolles braved high, winds
A light aircraft carrier, H.M.Ş. und-
WATCH
to get at some of the "Triumph under Vice-Adratral boles, washed overboard. At 0500
hours GMT the typhoon was res Sur Thomas Troubridge Com ported Southeast of Ningpo, 110mander of the British Mediter mifes Bouth of Bhanghai, travellantan Fleet Air Arnf, and a des- troyer arrived here today from ing about 20 miles per hour As Smsina or a four-day goodwill soclated" PreSS and Reuter.
visit
10 Missing
At Sea
Thirteen planes, Dying from the Triumph will vilt the main Turkish cities Eaklahehr, Ankara and Istanbul,
Smyrna gave the British doet a warm reception, A British naval My Manila, July 0
squadran” in alpacted in Istanbul „persons inclufing. ↑ Tomorrow-Rauffer. missionary priest, are missing at sen today off Easter Luzon on the backwash of Facile typhoon sweeping, nerth into the Ryukyu Islands
The Weather
The Philippine Red Cross: op-
Air pealed to the Phil pine
At 0800 MT (3 pm. HKST) Force and the United States 13th rohoon was omitted about 110 allow Air Force to scour the Baler Bay of Bhanghai and was moving at 20 to area for a small craft presumably 15 knots and 'lowing intensity. From the capsized by the strong winds nw low pressure area covering the Gulf
winds-on typhoon, a trough:exlarida BWźle » shal | Júly: 4,,~
The missing price is identified of Tonkin and N, Indo-China, as Father Leo of the Carmolite Today's FortiModerate.de freak, mission Associated Press.
BW winds Occasional showers during the morning diberiwtay" fale.
„Yosterday's Weatheri- Maximam 91.0 deg." Enh. Minimum ( #1.7' der: Fab.- Sunshines 9,1 hours Mainfalls Total since Jan.
825.4 mm=31,86 Inu, as seeinst an average of -1031.4' tam.60.91 İB#,"
PayRandiman (KE
10a.m.
AIRLIFT SETBACK.
Berlin, July. 8. Bad weather set back Tuesday the Western Allies' aerini sitempt to crack the blockade of Berlin: which the Russians imply is being used as a weapon to bring about... now four power talks on Germany, Bara, at ma1001.7-2659.9 m.,
Tempelhof Airport reported thai only one
cargo Bel. Hemidity 80 77% American plane had arrived since Monday Dew Poist midnight. It was sunny in Berlin Wind Dirselion
"AM)||Wind "Fores Mr. W.A. Blair-Kerr, Kow. but the U.B. Air Force said that
APPOINTED CROWN COUNSEL
a policy of private trad loon Second Magistrate, will unfavourable weather in the Frankfurt area provented dis-
Tides 1-
High
He said that when he makes be leaving the Kowloon Magis-patching of planes Associated Low his report to Washington he will tracy during the week-end to Press.
recommend, construction projects take up his appointment as backed by private capital over Crown Counsel, on Monday,
those wholly supported by the July 12. Government.
are.
2
The Change is necessitated by
Stillman said he would leave the departure of Bir Justice B here on July 25 for Washington Williams, Acting Chier Justies. to make his first' preliminary refu home leave during the weelt, port, He Ceelined to say what re- and, the appointments of Mr. Jus Hollywood, July 5 construction Jobs, he would re- Uce TJ. Gould Acting Chler
commend,
Justice, and Mr. J. Reynolds as Landis, the screen's original 1'd'
he said. "But they The "China Mail" "learned from Sweetheart Girl, committed add up to more than the Untally reliable sources that the suicide today: She was found US$80,000,000 allocated for ro-Chief Justice, Sir Henry Blackal. will not be returning to, the Cof He called US$50,000,000 "only ony and that his place will be wood home by actor Rex
a trop in the bucket and ad- taken, by Mr. Gibson, Judge of virtually, neğitğlulez
Solicitor in Singapore ›
The blonde actress, Carole vocato "great", "many Pulse Judge.
New Deal members of the anti-PEOPLE OUTSTRIPPING construction work to
Truman coalition, led by former OPA Chief Legon Henderson, were supporting Suprema `Court.
Justice William Douglas,
Henderson said, he believed; all
"transferable", to Douglas
But
RICE PRODUCTION Harrison,
Lake Success, July:6.05
the Eisenhower, support was The United Nations Food and Agriculture Orgonit
sation reported that the peoples of rice-eating nations are increasing by 10,000,000 persons per year, which production o
- anti-Truman Southern Dembers- dics were cool to Doitglas.
Senator John J. Sparkman, of Alabama,, sold ha, did not think | Douglas - was ¦ zufficiently well "publicised as a probable candi- date to be a strong, nomidos. Ha
Yellow, about five, can take
Pitted, the crauit. would De Palestine" and -förinerly Grown
of Memore than twice as fast as [noteTM addressed-other mother, British-owned Kailas · Mines : là |
American- Coal Strike
mines
Harrison told "the" polics "Ihe found Miss Landis lying on the Sillman said that most of the bathroom floor. She held in reconstruction work would be pull on the envelope as envelope containing one - white done in South China arena
Communist Chinese and cuck, the northere might be exceptions. He
In the adjouling room was said an exception might be. thel
Pittsburgh, July: 0. begging forgiveness" and telllag North' China. her where to find the will.
Bûuman neded” the Chinese United States. "Captive"? coal were" Hit today, by,” the Harrison who is” mårried * tó Government or one of its agencies The report added that 1,000 year 14,000,000 next year, and sald he feared Elsenhower' with 000,000 rice enters already are 13,600,000 in 1949,
The organisation said the shorte ume
Landis at about three pm. local project recommended by the ECA miners who drawal spelled an end of the suffering for serious shortages. drive to discard Truman United Bald that southern and east exchange dimculties large-scale
Stages Wein aggravated by foreign Miss Landis mald said that But he added "if they did that|jik)
The minars, employed by steel Pros.
cru Aals, which formerly were smuggling and the black market.
Harrison who had been keeps that pight and they were vetoing companies, refused to work unti ing company with Mics Lanule a lot of our projects the In the United Mine Workers. Pre for the past couple of weeks, vour, He hastily-added that he aident John L Lawls, and the dinel
with the actress last night anticipated serious disagree star companies petak meir dea her' home" at about:s him.ments with the Chinese Govern tract dispute over the union work affied.
relief, may Bomb
shop AO and studies revealed "des phoned this morning at about 11:45:
The maid said Harrison, tela, manter Associated Press, per cent, Tong areas are now chaing trend" it ylöld in all and asked it Allas Landing were so
in | the greatest rice surplus strogións. It said, "that" American, aŭt prom of the world, now show a popula grammes making dollars available
tion Increase of over 20 per cent to such countries as China” between the two world wars anila
On Other Pages
Papa Two 1
| rice production rlæe of over 10
The report,
actress Lilli Palmer, found Miss would have the right to velo any strike of an ostibalad/545,000
Hammer" | without a contracto
[The
but the iner, Idid.
Complaint From 'Bingiper huge ccneil krons, coordige to delatio rice fields except Chiis swake, According to the milesh CANTEEN BLAZE INCID
It reported that the Mecline was then called back, and said ""Don' due to task of good seeds fortill bother because he was compa aro: ZAO and availabla hupollas of ser and other materiala
miled rica will total 130,000,000
report fald much comparer les vissthrough?
19,000 | methods;/Improsier
faulty
rice was "The maid waid, be
W
w
NOW SUPPLIED IN THIS HANDY SIX BOTTLE CARRIER
Equal,39,465, 29.07 inches.
*
81 deg: F
BBW
·1841
10 knatsi
Time
. Ht.
2:0000 AX
4.0
AROT *0.8
the
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