+
THE CHINA MAIL: SATURDAY, JULY 9, 1940.
U.S. BUYING FROM STERLING London Dock Strike
AREA MAY INCREASED
Present Falling Off Due To Seasonal Adjustments SNYDER'S STATEMENT
Paris, July 7.
Mr. John Snyder, Secretary of the United States Treasury, said here tonight he believed that American purchasos from the Sterling» Area would fhs crease again soon.
cute care
He told a press conference that the present falling off of such purchases was
probably due to seasonal readjustments.
It was more than likely that, as soon as the readjustments had been made,
there would be a renowal of purchases of raw material for industryyche said.
M Sy din has beca i Paris | Kramine, Tomorrow sume Sudan,
meetley! French
#
Plumer lenders and offietais
Boopran
ftrcovery
Pro-
Snyder To See Bevin
And Cripps
Luton, July 7.
his is y
to London for dollar talks with Sir Stafford Cripis, Brush Chan- evilor of the Exchequer.
Mr. Snyder declared that, in i reading Str Stafford's statement to Parliament yesterday, he had bren Inspired by the Chancellor's Caith Britain's cappelly to overcame current diftenties.
Sir Stafford hat suggested inveting, he sat
survey only the Immediate financial pro- blems facing Biain but alan to at this junction these basic policies
of the Europe Recovery Progromne which The United States Secretary would contribute to the resto of the Treasury, Mr. Jobation of multifateral Snyder. will e Foreign Secretary, Mr. Einest Begin and Sie Stafford Cripps. Chancellor of the Exchequer, sommeting tomorrow afternoon to discus De Bain's dollar crisis.
British convertibility.
trude
In a written statement issued,
"
International Monetary Fund provides the appropriaça forum for international co-operation In this Rold
Mr. Suyder also reviewed or the French leaders the veriness outlook in the United States.,
YOUR
Reaction To Cripps Statement
London July
World reaction to the statement on Britain's gold and dollar poși. "The Secretary expressed com-tion made by Sir Stafford Cripps Britain's and which disclosed piel confidence in the soundner.
dollar pur of the current American economle three-month ban ou
chases and declared that Britain position", the statement said.
or did not intend to devalue Sterling reviewing the the Foropead Recovery Pro-howed little surprise.
grainna
the
propress
WAIS
lled Slates pleased to note that
i pro- and had been effective Ang economie recovery in pas- ticipating countries."
the economic situa- Heylewing the trok, in the United States, Mr. Suyder said that an index of the
In
Markel in New York the
for future d British Sterling Livery stumped to its lowest point since the war.
in Washington Senator Taft, Chairman of the Republican Party
British could not
expect the Pulley Committee.. said that the United States to give them addi- tional help,
New York, the Financial New York World sacred aixnt the Pound? Being overvalued it is helping to disrupt the trade of the world."
to the prate, Me. Snyder said led Ster use in the mei
al the end of June, was the he was greatly impressed with
that income paid to indiyidik In the marked Improvement in the French economic position as he was Timing at the rate of 3214,- Editor of the
000,000,000year, a little lower had seen it since his arrival thay, the all-time peak of hustler Sunday. The statement added that Mr. is expected to le accompanied by Snyder found extremely helpful Mr. Averell Barruan, the roviny the informal enyersations han Ambasader for tite Eronomie Cheld with the Frisch
Mir, Snyder is time in Loniton to- morrow Morning from Paris. He
operation Administration,
Finones Minister, M. Maurice, Petsche, M. Wilfred Burungariner,. Governor, of the Bank of France, and other French Finance leaders.
E
December.
In addition to that potential purchasing power,
Ican
the cach
D
"What in m
пе
Spreads As 250 Call Protest Strike
London, July 7.
The big East London dock strike spread today when ****250 men joined 8,600 clready on strike as a protest against military intervention by sol- diers called in by the Government to unload food-ships.
The Dock Labour Board announced this afternoon that drivers engaged at East Smithfield, near St. Natherine Docks, had struck, refusing.to handle meat unloaded by troops of the Royal group of docks.
The first report of those drivers going on striko lod the Minister of. Labour, Mr. George Isaace, to announco.in, the House of Commons that. 2,000. porters at the Smithfield maat market, în Con- tral London, had struck. The Mister Intgy, opglogised to the House saying that atatement, tlal 2,000 porters 'harj stuck was incorrect.
his
"I had this information in good |
Danny Kaye
faith and at short nuffce I was New York
unable to ebeck it sufflelently." The sakl.
Trade Union officials Central London meat
in
Bound Again
quickly and emphatically denied
Shannon, July. 7. that there was any strike there,
Earlier, Mr. Isaces stated
The Comedian Danny Kaye, Partiansent Umut there had been and 53 others were over the
in the improvement
dock Allahtle again tonight New
after slu York-bound
narrowly strike position. Ninety-six were infle and seven were under-missing a ducking in the sea.. manned;
10
They were in two special planes which picked them up here after the big strato-cruiser in which they left London was forced down. it lost a propeller after un, en gine fire early today 040 miles out. lu se, on its non-stop flight, from London to New York.
Secret Ballot Mr. Isaacs ajpo announced that the National Amalgamated --Stovedores and Dockers Unlop, whose members form the great
of those majority
on striker. were
secret baitot holding
decide tomorrow morning
With Danny Kaye in one of the whether they
resume should
on auxiliary Pan American AirlineH normal working in the docks. planes were the Wimbledon tenni Mr.
Eden. Anthony
deputy stars, Miss Louise Brough 'and'Mrs" asked | Mayaret Osbornu Dupont, Alzo leader of the Opposition,
meng the passengers was Mr. the the Minister to make, another
week-end Prut V, McNutt, former Governor statement, before the
was dis General of the Philippines. situation because the
urbing
of in view especially
side of eports from the other The Atlantic.
said he could make Mr. Isauca further statement IdentroW, a further s
"Regarding the position over
steps have been taken of the through the kind offices Canadian Government to see that the action
is not contemplated
in fact, al has carried out and, been pushed into the background for the time being." ir. Isaacs said.
the Amer
The Journal of Commerce said had in saving people
Phant Meveral courses werd nou- $200,000,000,000 in cnsh and
to the United States. accounts. That did not include
*We value
enn," it suit. The United States Ambassade
"reck to of insurance Mr. Lewhy Donglès, returned te
polices. the liquidation al cap patch up the situation for the tins
Marshall being. keeping
Pia tal apants, or the like, he added. buit day from Paris where he has been
Better Understanding giving Mr. Snyder » detalled pig-
Recent figures of increased, un-distance at the current level ami
Goog fure of Britain's diülevitins.
Mr.
Thicing of Uzero omaversifiwm, ¦ employment
Mr. urging Sterling devaluation were Bu Dearghar WEST acconiumy Mr the gialement added, was to sup
said, to an inerenre of the other remedies that would give et Suyder and M. Durriman for the a better understanding of than total tabur force sad not to les temporary relief. talks with Sir Stafford and rcful mobles of mutual interest. people being put out
"Secondly, we could step up of work. Bevin
Among the subjects discussed There had been shifts of people Marshall Plan aid as a means of Prime Minister, Mr. Aftler, later to plans to stay in devidoyments and the current in of the level of employment was London until Sunday, when he emption trade and payments running very high. leaves for Brussels on his Euro-position of France.
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They were expected to land In New York about 3, am. GMT.
16/7
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27/7
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double-
With the entire North, Atlantic Rescue Service strenking out to help the distressed strato-cruiser, Danny didn't forget to be a come- dian. He made the rest of the passengers laugh walking up, and down the aisle of this
she dropped decker giant alter from 18,000 feet to 3,000 nylig on only three of her four engines. Miss Brough said she couldn't hup of the Seafarers Kaye in his life jacket. representative
has International Union, which
The pilot of the strato-cruiser, curtail Marshall Plan aid.
Finally, we could make it clear been engaged in a three-menth Captain H. G. Gulbransen, said. to the British and other Europeanald war with the Canadian Sea- "We were ready to ditch the alr
men's Union, said yesterday that graft in the ocean," members of his Union Would Press boycott all British ships in Eastern United States ports from midnight.
exporta.
Mr. Soyder may also see the were: internal French monetary in industry but the mainlessmeż | sustain place, we could. Hay C. Banks, international laughing When she saw Danby
Deur,
Clement
American sources salt that Mr. Snyder's talks with Mr. Nevin and Sir Stafford will give British om- cials a chance to state their be- Tief that a new long-term policy is needed to pull the Sterling oreo unt of its roller Josses.
The Camachan Phunce Minister, Mr. [Douglas Mibett, is due in Fontion today. Mr. Abbott, us a representative of a dollar einntry, will attened the meeting between Sie Stadford and Mr Snyder. - Assurinfest Press.
"Drink---
Green
Spot
MADE FROM THE
PURE JUICE
SUN
OF
RIPENED
CALIFORNIAN
ORANGES
ANOTHER DAIRY"" KARM
HEALTH PRODUCT.
On the exchange rate policy, It was agreed between Secre. tary Snyder and Finance Mula
Potscho ter Maurice
that the
After
his press conferener, Mr. Snyder called at the, French Finance Ministry and had a final
15-minute interview Petsche.-Reuter.
withi
Lessons Learned In Western Union Naval Exercises
With The Western Unión Combined Float, Portland, England July. -7.
The West European naval armada relaxed in Way- mouth Bay tonight very satisfied with lessons learned in seven days of intensiva harbour drills and so mancouvres.
:
Peacetime's greatest ever combined fleet of British,
French, Netherlands and Belgian wärships which assembled last Thursday in the English Channel has shown in the words of overall commander Admiral Sir Roderick McGrigor today that without any doubt the Western Union powers can work together and operate together as one team.
Ad
The British Home Flect Com-, which everyone settled down and rounder-in-Chief told newspaper- got used to one another. men on board the alrerati car-
of
the
countries that the time has come to stop trifling with the problem raising productivity and to tackle it seriously. There is no more time for Socialism as usual" --Router.
Senator Urges
Ratification Of Alliance
Baited
-on-
Washington, July 7. Senator Alexander Wiley (Re- publican, Wisconsin) today the Senate to ratify the Atlantic Fact, coupling his dursemont with a warning that Britain's dollar troubles may a monkey wrench into the Stater foreign assistance programme.
Senator Karl Munat suld hellovod that the pact, to be suc
orld be implemented and countrios Communism. He added bolloved
the pact excludes inora. thon
it includes but did not namo
any countries. Senator Ralph Flanders onheed the North Allantie pact, It would not halt Russia nitou States. Senator Flanders bog would help to bankrupt the
to include all
to
he
saying
do
is one of the few expected to volo This factor was noticeable in against ratification. Fier Bugship, HMS Implacable, the majestic entry to Portland
"The He told the Senatu that, "Exercise Verity" had been
anchorage
this morning of
Politburo has set out to ruin ua n great success. He had just division of British, French
and economically, The Politbure ha taken leave ot Field Marshal
Dutch cruisers which moved in Left Montgomery, who had been
online aliead su closely station victory within its grapp. It is thin monient raining our
nt
at ou four days in the flagship that officers in HMS Superb com country. It doterminos our policy
the four navies,
The Admiral paid tribute to the mented they could smell what not moraly in the foreign field high standard displayed by the was for
breakfast In the Fing and Commanding Officers af ahead,
stulp but in the domestle fold.” the French cruiser. Le fle then said the world's bat. Triomphat.
tofold. was not where the backers He said he regretted that the
The giant convoy with 22.000 qr the. Atlantic Pact thought it manoeuvrce ware marred by an men on bourd in the whore reass Was Ho maid the United States accident which caused the death of an officer of the Royal had left a wake of mure had fallen into n Russian budg than miles, with tary ambush by overspendiaje, Netherlands Naurinus Hendrick submarines, alterans and, suttore the orignal and mutat, firm
Vessels. Today they approaches jarednom flelds. The ult
Pomilt, he Diven
Eindhoven, who Portland of
over a minefield laid by ated, could only be national was reported missing believed to ships, of the Belgiin, British, and lank suptey. have been drowned when the Noterlands Nayles which were Senator Fianders also said the gircraft in which he
Jie was observer, crashed over the side while land-uss wegpuje channel: us the port a related $1,450,000,000
main force arrived. Four ships programme would be another step exploded dummy mines.Anso-in wie Soviet plot to bankrupt the Lieutenant Langenbach was cluted Press. plotted up by the British destroyutan
United States United Prose. er SL James and transferred at night by ropes backs on board the
Vaj
ing on board HMS Theseus.
They
conterence to make a first analyals of the operation' in 20 be held on Friday morning in the flagship, before the various units diapera”, la càncitat
convoys on
oxeroles in Channel con the way to their home steljons. A full review of Hin anghyfnes will be rady, in about a logich to six wohiks tunn, Admirat figu Buizor, anttougal, mud will
sulated amestern Union ministries of the
most
He added that he was Impressed with the rapidity wille
PANTEEN
VITAMINIZED
Hair Ton
"STOPS LOSS of NAIR **Eliminates, " Ha
DANDRUFF. *Proventa »•• •. PREMATURE ORİYATLAR:
ROCKE
Promature
The Later,
Murtime Trade- Council said that Mr. Banks' an- nouncement WOX premature though there would be a boycott oventually..
News of the spreading of the London strike, "ow
兰
-Associatod
West Punjab
Governor Resigns
Karachi, July 5.
its Sir Francis Mudie, Covomor
second week, came a few hours of the West, Punjab, has offered after 300 Scuta and Coldstream | hiy roŝignation to the -Pakistan Guards and sailors
the Government, of Royal Navy has moved into
Yesterday. Sir Francis had: a dock land to start unloading meeting at his summer head-
with The dockers
continuing quarters at Murred were
SIT Zatruljah Khan. thek
strike today after refusing Mohammed to unload two Canadian ships, Pakistan Foreign Minister.
Usually well-informed quarters strike-bound because of the dis
between rivil Canadian here said that Sir Francis is not prepared to carry on, as Governor pute bet
with tho proposed Council of seamen's unions,
Advisers of the Master League, the major party in the Dominion, which would have "powers to The employers, however, huve function as a Cabinet. refused to assign men to other Sir Francis assumed wide province last ships, until the Canadian vessels, powers in the
when tho Moslem the 8084-ton Beaverbrae and the January,
are un League Government" WAS," "MUS". 7108-1on Argoment,
pended for corruption.-Reuter
The rockers are prepared to work on all other ships except
DER lirese two.
loaded.--Router
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