1949-08-30 — Page 7

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THE CHINA MAIL, Tuesday, August 30, 1948.

BRITAIN'S CASE AT MADAME SUN ON

BIG THREE MEETING Currency Merger Plan Not Practical Idea

STRONG UK APPROACH

London, August 28.

Treasury officials worked continuously_this_week-end preparing memoranda for tomorrow's Cabinet meeting which will give the Chancellor of the Exchequer, Sir Stafford Cripps, his final brief for the Economic "Big Three" dollar talks Washington next week.

at

The Sunday newspaper press here meantime devoted its main space to predic- tion of the line that the dollar crisis talks would take. Speculation con- tinued on the possibility that a dollar-sterling merger plan might be discussed at Washington.

The comment of one Treasury source on this report was; "A fine poetic idea which does not, however, seem to come within the range of immediate practical politics."

The source added that the a proposal aims behind such are desirable, but he is certain that they are Jong-term ideas.

FRANC ON A SOLID BASIS

Brussels, August 28.

- איי

The Belgian frane has an tremely solki bars which only a

With Sir Stafford's departure. only a few days' distant, the pic- Jure is now clearer of the vase which he and the Foreign secro, tary, Mc. Ernest Bevin, will pre- Best at the talku,

Britain's rote is not merely to discuss her domestic difficulties but is banker of The Sterling Aren--the world's trading wdt- seek a solution of the dollar- | sterling unbalance pow affecting

all Commonwealth

other countries.

Informed quarters here predict that Britain's approach will be on much more strong and post- Dve than had been expecteil, Part

serkos and protonner world of the United Kingdom's contri- economic crisis could undermine, haution to a solution of the dollar M. Hents Liebrert, Belgian Funbalaner will include a many- ance Minister, said in an inter-angled drive to reduce export

cosis, informed quarters said.

View

the

published today by

"Agence Econo-

Brussels par

mique et Financlere."

On the forthcoming Interna- tional monetary talks in Wa- shington, M. Liebnet said that geneval convertibilny of

which world ретры

<-

free

a

circulation of Coris, is desirable,

AL Lebrert

added:

"We a Belgium have nirendy marle big sirble towards that goal, by progressively reinosing exchange

He said he refused to bellove that tangible results will not be reached next month, in Washing- ton.

New Methods

Linked with this will be a trimming of Government de- partmental expenditure domes. tically, to produce a saving of at least £150,000,000 on next year's £3,000,000,000 budget.

PEIPING VISIT

San Francisco, August 28.

The Communilat Pelping Radio anounced tonight that Madama Bun Yat-sen, widow of the founder of the Chinese Republio, and alster-in-law of Generalissimo Chiang Kai- shek, arrived today in Pelping from Bhanghai..

8ho was greeted by Mno Tea-tung, Communist Chair- man, and other leading 'Chin- ese Communists-Router.

SENATOR ON THE WARPATH

U.S. CONCESSION TO BRITAIN ON THE LOAN PACT

Washington, August 28. Government officials said today that the United States might temporarily relax the terms of the 1946 British loan agreement. This would permit Britain to discriminate against United States goods in an effort to help her out of her financial crisis.

Under the 1946 agreement, Bri- tain got US$3,750,000,000 from the United States in return for promise under Article to treat American exports the same 43 those from the Empire countries, and Europe.

The British are now reported to have asked the Administration to case Article to give a temporary preference to goods which would not put any pressure on Britain's dollar supply orion her dwindling ,gold_reserves. help

Washington, August 20. Republican Serator Kenneth Wherry today demanded that the United States. Administration

..

mcke no

commitments to Britain further unless such mises are cleared with Confess

Administration officials belleve that this could be done without

the action.

*

AUSSIES

STRIKE

URANIUM

Sydney, August. 28, The Minister for Supply and Development, Senator Arm- strong, today confirmed that rich uranium ore deposits have been

Asserting that since the end of going to Congress for approval of found in the Hart Range Moun-

the war American taxpayers, had

poured $32,000,000,000 in cash and goods into Europe, Senator Wherry said the Economic Co- operation Administration had been a

proved fallure anul the United States should carefully examine any further European

on even the British- Canadan-American conference on more aid to Britain, it should be study production there,

understood Six in-

by all participants, including our dustries have already sent such

own, that

there must be missions, and 14 others are lined

more bypassing at up to follow.

Congress and no more commit-

Dollar Earnings

Britain will also suggest prac-

in which America leal ways

whose own economy must be ad- versely affected by any Sterling Area recession-can help to solve the present problem and aid i in multilateral trade and retur gener.. balanced economies.

Reinforced by figures provided by the Cominenwan1th Finance Ministers since, their London con- ference, she will suggest means by which the Commonwealth countries right Curtiibas,

Ahe

|

11.

ments bartering away protections for American Industry, agricul- ture

und labour,” declared Send- tor Wherry.

"liefore the

Europe, declaring

He also opposed arms ait for

United States embarks upon | piecement scattering of arms and arinument weapons and navies noun- among the (Atlantic) tries, we

shout have mendations of the Security Coun-

الات

O

No Alternative

This would not be the first time the United States has relaxed provisions of the 1940 loan agree- ment to help Britain.

Who

Administration officials favour granting the British this

permission belleve that it would help to check the drain on Dri- tain's reserves before they sink to US$1,000,000,000-the imms diate aim of the financial talks. If the United States waived

tains

Territory.

Australia's Northern

Mr. Armstrong, who has just returned from an inspection tour of the area, sald that the do- posits were in the form of samarskite but uranium had not yet been found in commercial quantities.

However, man sumarskite is ploration.

П wide area of

now under

Ex-

said that the

did mining,

Mr. Armstrong Article 9 Britain could, for Commonwealth Government stance, refuse to issue alleence to Rot undertake uranium British buyers to buy American but would merely set up a buy- speciality goods, such as fountain ing poel to guarantee a price to pens, but it could give "open miners. licences" for the importation of Italian fountain pens which could be purchased with Sterling.

Administration officials acknow- ledge that this would hurt some American exporters but they said that there appears to be no al-|Press, ternative.-Reuter.

Paris, August 20.

35-year-old

A and those recommendations

Womai

who

should not be skelenet out by stepped out of her front door li the State Department in a fran-Narbonne, South West France, tic effort to manufacture pro-into a puddle was fatally cicotro- paganda ostensibly based on find-cuted owing to a fault in the Council."-United wiring outside the house.-Her-

ter.

Increase

dollar

in

Press,

to expected

AN

America to Increase FDW ma.

stockpiling Sterling Area.

terials

from

the

America's development of y01- thetle rubber, for example, has seriously affected Malayan rub- ber earnings.

America will be asked to con. sider developments 1aking Pre- sident Truman's "Fourth Point! aid to the less developed arens

of

the

Secret Report On Europe Recovery

Paris, August 28.

(1) A productivity campaign cavernment force of the efforts which was United mine highly secret report by the Chairman and Secre-

and carriest

every workshop and factory here.

(2) Proposals to liberalise trate by removing. wherever possible import restrictions on European goods.

Driton will take active steps | to boost dollar export production and sales technique through a wide range of new methods,

"But," he went on, "It fal. Jure les Ahead, the Belgian' Government will not let itself be taken by surprise. "It will without hesitating, embark on boli and prompt

Under the auspices of the joint moves to support exporters of

Anglo-American Council on Pro- Belgian goods and prevent the ductivity, for example,

there dwindling of our external mar-wilt be a succession of industrial kets."--Reuter,

missions to the United States to

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the Kinst- dom is making in this direction. Investment In Colonios

This will be part of Britain's argument for larger

American investment in overseas territor- ins, including the British colon- Jes.

These, it is recognised, by rais- ing the standard of life in the countries concerned, would even- tually beneft the United States. by creating new markets for American products.

Britain is also anxious to see a reduction of American tarific, which

apply

a brake to some of her exports to the hard currency area, and she may argue that American Customs procedure la also inercasing the dimculty of

carning.

Britain will not. It is believed, suggest at the "Blg Three" talks that America should

raise the price of goll-Reuter.

Squatter Colony Evicted

Singapore, August 28, Combined police and military eviction of squatters in Kedah state resulted in 424 persons being removed to a detention camp to day.

The operations were necessitat- ed, according to an ofleial state- ment, as the squatters in the areas were known to be supporting ban- dits for a long tline."

17

been

some

kuled,

tary-General of the Organisation for European Economic Recovery was tonight handod to heads of Marshall Plan delegations here.

There was no discussion un the report at a half hour meet- ing allended by all delegations except those of Elre, Iceland and Luxembourg.

An OEEC offcial told Reuter that the report was issued tonight to give the heads of delegations maximum time for study before the Governing Council of OEEC meets next Wednesday.

AMERICAN

MERCHANT MARINE

Philadelphia, August 28. The American Legion Or- of United States Veterans, Military

meeting here in, their 31st annual con- vention, called upon the Gov- ernment to take all possible steps to encourage develop- "They are very near the of the work", a British spokesman toldment of the US. merchant Reuter before the meeting.

Earlier, Baron Snoy, Belgian ganisations Chairman of OEEC, and the Secretary-General,

Robert Mr. Marjolin (France), were said to have completed their proposals for

division of Marshall aid.

An OEEC official said that good progress had marked week-old talks.

marine.

The Legion announced that, it the strongly recommended the follow- ing steps to bolster the United States maritime position:

of

Closer contact had boon main tained individually and collea tively with the heads of the "1. that Congress enact legisla-. Marahall Aid delegations since tion which will encourage private the talka began, it was stated. capital to enter into construction The talks started after dead-

maintenanco and operations lock in the OEEC Council over U.S. merchant ships in both do- the sharing of Marshall Ald for mestia and foreign commerca 1940-30 proposed by the Pro- necessary to meet the economic gramme Committee's Working and national security requirments

of the U.S.

Party,

this week to study the proposals The Council will meet early

"2. That Congress

support a

of the Chairman and Secretary-merchant marine personnel pro- General-Reuter.

BRIDE PLANE SETS RECORD

Shannon Airport, August 28.

gramme of sufficient Bize to maintain a strung American merchant marino and that the men who operate our merchant

the shipa bo

finest and most loyal obtainable.

During the emergency

perlod security forces found a large number of camps in the Jungle adjouring these areas and

bandits had wounded or captured there.

These areas gave strategie ad- landed at Shannon Airport to- vantage to the bandits, which the day from California and New Government sald could no York with 82 people on board citizens with the needs and re- longer tolerate in the present con--the largest number ever to quirements of thate service." ditions. Associated Press..

3"That National Headquarters

of the American Legion continue

A special D.C.-4 airliner to prepare and carry out on ex-

TERRORISTS ROUNDED UP

Athens, August 28,

tensive educational campaign in merchant marine to acquaint all the interests of the American

The Legion sald

on adequate

cross the Atlantic in a com- mercial land plane.

British G.I. brides and their merchant marine was as import- children mado up 78 of the ant to the US, as an army, navy passengers-49 adults, 15 children or air force-United Press, and 12 infants.

The remaining six were man- bers of the crow.

The Greek Minister of Public Two of the mothers, one with Order, Constantino Rentis, an-

two infants and a three-year-old nounced today that after long child, left the plane at Shannon. surveillance by the police, 63 They were Irish girls who mar- persons, members of a Communist ried American soldiers during the terrorist organisation, had been war arrested in the Athens Pireaus

trial by a military tribunal.

NORWEGIANS. TO STUDY IN U.S.

Washington, August 28, The Economic Co-operation After being delayed at Shan- Administration today announced are and will be committed for non for three and a half hours that three Norwegian engineers by mechanical trouble the special are to arrive in the United States He said three of them are the plane lett for London-Reuter on September 4 to begin the drai

of two study projects of Amer New York, August 28.- lean metal production methods, The Right Rever nd Llyod R. designed to salit them in', in- a hand-grenade being tossed into. Craighill, Protestant Episcopal Chessing productivity in Norway. the cafe.

technical; ECA Bishop of the missionary ath He also said the persons were of Nanking, China will submit hirsistance prown Government

project were requeste planning, the assassination of the resignation at the domination's by the Athang Radlo a general i director, General al Convention-laté, next to enable their originam to min the blowing up of the Gen- mbath, it was announced by the knowledge that might be beintui darmeris printing house and other: Church's National Council---Amos in Incrésaing Norwegian prpdue. terrorist acts——Associated Press. --- ciated Pre

Uvity —United Press?

authors of a raid on June 18 on a cafe in Athens when four were killed or wounded as a result of

diatrick

He added that the Arst reward for locating uranium in Aus- tralia would be grantert to n Canadian-born Italian, A. Cres pan, and his party for the Hart Range discovery, Assoclated

Religious Freedom In China

Bowling Green, Ohio,

August 28.

The Far Eastern secretary of the World's Student Christian Federation told the group's con- ference here that Chinese Com- munists freedom.

now permit religious

Dr. Winbur Thomas quoted a former missionary colleague, one of several Christians who have joined the Communist Gover- ment in China, as saying he had seen no violation of religious tree- dom in fed territory,

Dr. Thomas added that other reports also indicate that Chinese Communists usually let Christians continue with worship, schools and hospitals.

The former Oklahoma attorney sald. Christians in the Far East take one of two stands on Com- munism. They strongly oppose it, as in Korea, or feel obliged to go along with it, as in China, Dr. Thomas anid-Associated Press.

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