1949-08-26 — Page 7

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Hoffman, Wilson Talk On Dollar Problems Discussion Covers ERP And Export Questions SNYDER'S STATEMENT

London, August 24.

Mr. Paul G. Hoffman, United States Economic Co-operation administrator, had a two-hour talk here today on Britain's 'dollar problems with Mr. Harold G. Wilson, President of the Board of Trade. The discussion covered the European Recovery Programme questions and Britain's ex- ports to the dollar orca. Earlier, Mr. Averell Harriman,. roving Marshall aid ambassador, United States Ambassador Lewis Douglas, and Mr. Wilson attended a luncheon, given by the Foreign Secretary, Mr. Ernest Bevin. Political quarters suggested that today's talks between Mr. Hoffman and Mr. Wilson probably included an exchange of views on the cuts in Britain's proposed dollar import programme recently suggested by a working part of the organisation for European economic co-operation in Paris.

The hitish representatives of | Mr. Hoffman, who arrived here the OEEC are kinwn. to Ave last night from Brussels on

the fact thudhg tour of Marshall atd protester at the extent of proposed cut.

centrics, will give a press con-

Mr.

Hoffman may have the opportunity to zitoras

with Mr. Wilson.

Tomorrow, M. Hoffman mrt the Prime Minister, Clement Allee, M. Bevan Mr. Wilson at a dinner given by Mr. Douglas at Anurican Fundrassy,

taken This

will

air and to r the

RUSSIA IS RATTLING HER SABRE

ference here on Friday evening.

Snyder's Opposition

In Washington, meanwhite. the United States Secretary of the Treasury. Mr. John Snyder, opposed increasing the dollar value of gold as A means of relieving Britain's dollar short- Age.

He refused, however, to rule out the possibility that the question of devālsation might come up at the Anglo-Canadian-American talks, which proceed by one week the opening of the annual meet ing of the Directors of the later national Monetary Fund in Washington.

THE CHINA MAIL, FRIDAY, AUGUST 28, 1949.

PAUL G. HOFFMAN

New Secret

Jet

In

Planes Britain

London, Aumnist 24.

British Economist Sceptical Over Exchange Rates

Strasbourg, August ·24.

Lord Layton, distinguished British economist, told the European Assembly today that he did not bolieva that present currency exchange rations could be maintained for long.

Speaking as the only Liberal member of his delego- tion, Lord Layton raised this controversial question so far avoided by all British speakers in the second day of the Assembly's two-day debate on Europe's economic crisis. He said that the Assembly's debates had been over- shadowed by the dollar problem and "I do not think there is anything this Council can proposo As a corporate body that will affect the deci- sions shortly to be taken. All we can do is ...to express our personal views. "For my part, I do not belleve Umt present exchange rates can be maintained."

The Strasbourg delegates Britain has two new seret jet warmly applauded the first woman Üghters able to By faster than speaker in the debate, Miss Mar- the speed of sound, the Society faret Herbison, Labour, Britain. of British Aircraft Constructors,to revive Europe's economy,

who appealed for an over-all-plan disclosed today.

On the

She answered suggestion by M. Andre Philip, French economie expert, and other continental speakers that some countries were holding back, because they feared an increased standard of living in other countries would tower the standard in their own.

Support Of Labour Govt Reaffirmed

London. August 24.

British trade union leaders to-

The planes are the Hawker P- 1052 and P510, which during the past months have been under- going flying tests, sponsored by the Ministry of Supply.

oleial They are still secret list, and the Ministry of refused 10 comment on

support of Supply retu

"Are these sacriflees going to heday reaffirmed their

"hold their speed, Bitherto, the only the result of a planned economy the Labour Government's

policies and fuitish plone which has officially which will cut them to a mini-Hee" economie been crosited Deen

with breaking mun

mum? Or are they, going to he resolved on a firm stand at next Union month's annual Trades miles an hour the result of a laissez faire policy through the 700

Congress to win the fod which will greatly increase the

general He said that he had received speed of sound wall is the

Havilland DE-108.

sacrifices and, suffering of our Ercement of their nine million an expeyi- no intimation from the British us

members. that the to what proposals they would pre-mental-martine not acant to be people? I am certain

whole weight of evidence would

But the lenders, meeting today The two new faster than sonde in favour of a planned econo-ns the General Council of the

my for Europe," she said.

movement, were perturbed at, a ints have been developed as

Government move which, they Both the Secretary of State. Mr. standard fighters for the Royal

|believed, offended the spirit of the Mr. Sayler, who will be Chair- Actueen, and Marshal Plan al-Air Force and possibly for the

trade unions' understanding with man of the Anglo-Canadian- | nunistrator, Mr. Paul Hoffman. | Royal Navy.

the Government. American Bunniemi talks, open- | would take part in the talks, he↑ The two" planes are expreted Ing in September, erophasisert at saut. Fa press eumference forlay thal there has been no change what- Lever in the previously stated op- position to increasing the Axis prier of $35 an ance, which the Hofer States Government paysing opener. for godel, and thus devaluing the stolar in terms of goldk,

Washington. August 24, Mr. Suyder asked the corres- The Secretary of State, Air pondants who questioned tum Dean Acheron, sak) today that about this proposal to assist Bri- Russia's sabre rattling in the al-an: "Are we going to devaltre kans exposes Moseni's prisrallest the only sound currency tint the pence offensive s a giant hoas., United States has?"

sent for itscussion at the three power talks,

tle was asked whether other nations might be included in the three-power talks before the la- ternational Monetary Fuuvi meet-

He

WAR

reminded that the French Foreign Minister. M. be In Robert Schuman, would Washington during the talks.

He described as a fabrication u report that the United States had asked the British Government to

standard tighter.

Lo y at an air show next moontli at Farnsborough, Hampshire, ---- Reuter.

Elevator Operators Returning

Sounds Warning

11'. or1c

of the

The Swedish Liberat Teader, The Minister of Labour, Mr. Mr. Bertil Ohlin, warned the George isaacs, I was understood, Assembly to think twice befors | with the approval of his colleagues plunging Into schemea fer in the Cabinet, had refused to federalisation and economic give automatic approval to a re- unions.

commendation by a joint Workers- Employers wages council that most coldly some shop assistance shall rt- realistic speeches yet made to theceive wage inereuses. Assembly he said that he was serptical of thinking in terms of the Government has been that unions will show restraint in In the modern world water and making wage claims and that they oceans no longer formed can-will be justified only when re- Flated to increased production or in "In Sweden public opinion does the case of particularly low-paid not share the view of those who workers. want to act immediately towards federation," he said.

continents.

tinental divisions.

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work on pre-strike conditions.

Sheffield, August 24. Lancashire coul-minc elevator include members of the Conserva-operators on strike for higher Me. Acheson told newsmen that i He said that the question of tive Party in the delegation to the ony decided tonight to return to the Cumqualsts everywhere willį gold had never been mentioned in † talks.-Kenter, have great deulty" reconciling 'the course of his conversations the mereasingly violent atturks, with Sir Stafford Cripps, the ngainst Marshal Tito TH Yugo-British Chancellor of the Exclic. slavin with Moscow's

ro- quer, in London this spring, or in peated desires for peace.

the conversations which he haut with other European finance

often

That is, he said, if the Commu-

nists anywhere possess any intel-ministers during his Europear

lectund honesty, which they not.

do

said

Of course, Mr. Acheson wryly, the Communists will try to pass off this saber rattling us the But, he added, coping of a dove, it seems the dove has a somewhat sore throat.

Incrcosed

Pressure

The Secretary's remarks on the Yugoslav situation referred

tour ut that time,

Partial Strikes Held In Marseilles

10

"Our view is that it would be Union officials advised the men foolish to act until we have con- vinced ourselves, our Parliaments go back. Their Yorkshire colleagues yes-and our people what is the best turday also decided to return to line of action." work and to submit their

claim to arbitration.

About 40,000 miners

Yorkshire coalfield were still idle today, no

however, compared with

Not

To

Interfore

On the other hand, according

to the TUC leadera, the Govern- ment is not expected to inter- ferm to upset normal trade unione negotiations or #gree- ments on wage issues. The TUC General Council more constructive making urgent representations to policy, than to form a federated the Government, and hopes to before the

the annual congress meets in Yorkshire resort of Bridlington in (12 days' time. -

75,000

yesterday

as a result of European State in the next few clear up the matter the operators stoppage.

Mr. Snyder said that he was definitely hopeful that good re- sults would come out of the con- ference (the Anglo-Canadian-

Marseilles, August 24. Amertean Bnance talks) and that Partial strikes were held in

seem find some helpfui solu-Marseilles

today in sympathy earning with "hunger marchers" who "marched" on the city from Port He said repeatedly, however, de Rove, 27 miles to the West.

are involved in the same dispute, that he did not wish to discuss

The "marchers" made the jour-six pila

men employing 5,100 with the correspondents the finin ney in trucks.

were still idle and four others.

tion of Britain's problems."

dollar

cial talks now and that he and

Of the 480 operators due at work today, 272 reported for duty last night after the strikers' deci- slon last night to submit their pay claim to arbitration.

In Lancashire, where miners

years." he added.-Reuter.

Parachute Successes

In Vietnam

Salgon, August 24.,

to Increased pressure which

Mr. Dean Acheson, the Secretary They represented 100 ship- employing 1,000 miners, were not Moscow has put оп Marshal of State, would have a meeting building workers of Port de Bour yet fully working by midday. French parachute troops have Tito because he will not stay in with the correspondents at a later who claim to be locked out of the line with Premier Stallņ's poll• ¦ date.

yards. They were dismissed last 4 to this evening, Yorkshire won important victorles Inde-

cies.

During the past few days, Mos- cow's denunciations of Marshal

Tito have reached such " pitch Delgrade that dispatches from speculated on the possibility of an Invasion of Yugosinvia by Russian and satellite armies.

Mr. Acheson said the State De- partment is carefully watching all developments. Yugoslavia's Am- bassador, Sava Kosanovic, had

him conferred twice with weck.-Associated Press.

this

Devaluation Issue

Up

(about £3) bonus before the 190,

which controls Britain's nation- said today.

Falling satisfaction, this dispute could conceivably affect the alt- itude of the TUC Congress to the whole Government economic policy, but there is no doubt of the desire of the leaders to hold off any revolt against the present polley of full-scale backing of the Labour Government. Heuter.

ROBERTSON CALLS ON BEVIN

production had droppd by

but a spokesman 48 miles back away from the city China pushing Nationalist troops June for insisting on a 3,000 franc 303,700 tons,

National Coal Board. for the

of Hanoi, French military officials Jaunching of a transport ship.

alised

mines-said that 14,000 Pressed by correspondents to

They sold the troops dropped

London, August 24, The Force Ouvriere (non-Com- tons of this could be attributed from 21 discuss the proposal made in the

Dakota and about 30

Brian Robertson, Britain United States press that the munist) Trade Union Confedera- to high absenteeism among Catalina flying boats on August Military Covernor of Germany. British Government should de- tion this morning instructed their miners.

17 and 18, captured the towns of value the pound sterling In members not to cease work. Full working is expected on Phucven and Vinhven, 30 and 39 called on Mr. Ernest Bevin, the Foreign Minister, at the Foreign terms of dollars. Mr. Snydor

tonight's shift.-Reuter.

miles, respectively, North West of Omee today,

wald Impatiently; have con- Marseilles street-cars stopped tinuously stated that the proper for two and a half hours this of- form for the diecusilan ofternoon and port workers stopp-INDIAN STUDENTS devaluation is in the Interna-ed this morning, but the 10.172- tional Monetary Fund."

ton passenger liner Ville, Doran was able to leave normally,

BY SEA- BY AIR-

BUTTERFIELD SWIRE

In factories the stoppage was only partial, as members of the Force Ouvriere and the Catholic trade unions did not halt work. -Reuter.

FLY

REFUSED VISAS

Sir

Hanoi.

He arrived in London by air) French officials stated that the trom the British zone of Germany operation occurred in "rice yesterday and will return on bow!" area a few weeks before Saturday. harvest time and that the troops In usually

well-informed

Prague, August, 24.

of Moscow-trained Ho Chi-minh | quarters here, General Robertson Twenty Indian students on their are now cut. of from an impor-was expected to discuss with Mr. way to the International Students' tant food source.

Bevin the numerous attacks made Festival in Budapest have been Two months ago, Ho Chi- on the British Government's dia- held up in Prague because Hun-minh's Nationalist troops were on mantling policy by German politi- gary has refused to issue visas. the outskirts of Hañol-Asso- clans during the recent West Ger- Neuter.

SIAM

FLY

ciated Press.

man election campaign.-Reuter.

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