1949-09-20 — Page 6

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DEVALUATION

One of the most important economic decisions of the post- war era has resulted from the Washington talks: the long rumoured devaluation of sterling is now an actuality.

·THE CHINA MAIL, TUESDAY, SEPTEMBER 20, 1949.

PROGRESS OF THE WORLD'S

TRADE UNIONS

FREE

A meeting of importance to f trade unionists throughout the world, will be held in London

By DENNIS BARDENS

1

WFTU Is Disowned

:

from November 28 to Decem❘ world trade unit movement, and, ber 7. Hundreds of delegates, make it subservient to Soviet representing nearly 30 coun- policy." tries and acting for 50 mil. lion trade unionists, will dis- cuss the draft constitution of a new Trade Union Inter- national.

•

brook (International Trade Secre- laries) and a representative from Germany.

Good

Culd Quo Vadia.

In July this draft constitution

Our club cynic ̈says ". It will In June, 1949, a committee of was approved. At the specific now be an offence instead of a 16, representing free trade unions request of most of the delegates, compliment to speak of someone everywhere, drafted the constitu- the new organisation will wage as having sterling qualities. tion of a new trade union inter- an aggressive struggle against rational.

Communism. I asked Mr. Deakin]: The tiger without teeth

that The Committee consisted off about this.

they are making such a fuss of Mr. Paul Finet of Belgium,

We shall not be passive to in Canton these days seems odd- "It was clear that co-operation chairman; Mr. Vincent. Tewson, wards Communism," he assuredly symbolical, of something or with Communist unions was a general secretary of the British me. "We know from experience other. impossibility, and

as President rac, as secretary, and included that all organisations that attempt with the fall authority of the The conference specifically ex-Trade Union Congress of Great Mr Arthur Deakin (Britain), Mr. to compromise with Communism,

altogether, cludes mions that Com Britain, I tabled a motion to sus Irving Brown (American Federa-or

Michael destroyed by it. mumist-dominated: This situa-bend

pend the WFTU.

In too many When discus-tion of Labour), Mr. tion is solely the result of Russiansion of this motion was refused Ross (Araerican Congress of In- countries under Russian domina any terres for those boys. intrigue and duplicity. The I walked out, followed by the dustrial Organisations), Mr. Leontion, trade unionists are gagged,

Jouhaux (France), international trade union move Americans,

Some types think we should Sigur

G. If we want trade unionism to and Pastore Dutch ment is bound to protect itself

(Italy), Mr. Croskery survive we must be militant in be prepared to go to war to get (Australia and New Zealand),

OUT attitude to Communisma. against this if it is not to be used

Japan a peace treaty. Mr. Sea (India), Mr. Hedevat "What are the prospects of the spearhead of Russian as

(Iran). Mr. Haldone (Africa), success for the new trade union aggression.

Mr. Ibanez (Latin America), Mt. Internations!?" I asked. Kupers (Benelux countries). Mr. Jansen (Scandinavia), Mr. Olden-

ATC

Britain Takes Initiative

London.

Federation

Later, Mr. Arthur

of

Dew

Trade

others."

-the

"Since then all gemine trade have disowned wions

the WFTU, which no longer has any mandate to represent the work ing class anywhere."

Our Arab Ally

By J. L. HAYS

of only 500,000, with a total total annual revenue of only £1,600,000: its people scrape a living from smallholdings. It is only years since it ceased to a British mandate.

imore

are

. .

"Mounties make heroin raid."

But then, show never did have

·

·

་་

·

He said that he was very frank When speaking to the local

But when he left, with some regret,

He said the bank was franker

"Excellent," he said. "Our bank. scheme has the support of the and International Labour Office the Economic Science Committee of the United Nations Organisa- yet. tion both agencies with remed dour resouICES

and

experience. We can use both these bodies in developing the new organisation, www.We

shall be self-supporting Anancially, and we expect to

the

אנער

"Two women were robbed of their handbags, and ene punched in the Wanchai district yesterday."

*

on

That can be mighty painful.

"Golfers

Wollaton But what of his present am-possibly, as the American Federa

tion of Labour has suggested, in course complain that they have bitions?

Elis "antemtion" of Arab Europe, North America, South been attacked by hinds which

have had fauns. three Palestine, (which had been de heado Asia and Africa,

being in Exupe. An unfortmate prelude to fended by the Legion against the They will assist the development apres-midi d'ua golfeur. Jews), was inevitable and logical of tree trade unions and oppose and was desired by at least 50 the destructive policies of Com- per cent of Palestine's population. munism in these areas."

"What countries," I asked, "are The "annexation" gained swift Anglo-American approval

oming

Boss to employee: "This is your big chance to make some- thing of yourself, Brown. You're

There is also much to be gaidence to the November confer- fred."

Can't understand South Africa

What is the background to it all? During the war the need for a new, vigorous trade union international was. recognised The Trade Union of Britain, representing 188 tradę unions and 8,000,000 member (more than 90 per cent of the Trensjordan has a popnation, Commonwealth in times of crisis. establish five regional centres trade unionists) brought together union representatives of He would be a wise prophet trade who could estimate all the other countries, then in exile in probable repercussions of this

In the autumn of 1945, the first move, but this at least seems certain-the step was forced international congress was held in Paris, and Lord Citrine was

But of all the effective Arab on Britain by inescapable elected President of the pressures, and the end result past-war organisation, called the leaders in the Middle East the rules of tiny Transjordan is the may have the most adverse World

man with the largest arabitions.

His consequences for the United! Vaions.

self-professed aim is to in favour of his "Greater Syria

"Most of the countries that are ob Knax-isu. Kingdom, the Commonwealth,

free to make their own decision. " Deakin, unite 20,000,000 Arabe East of plan, (the virtual objective of the General Secretary of the British Suez in & new kingdom British-financed Arab Revolt Mr. Deakin replied. "Delegates not wanting to pay in gold at and the rest of the sterling Transport and General Workers "Greater Syria, 900 miles wide against the Turks in the first are coming from the U.S., France, pre-war rates for motor cars at

Union and a life-long worker in between the Mediterranean mast

World War in which Abdullah's Italy, Latin America, the Beneluxe international trade the

union and the Persian Gulf, 800 miles family played leading parts).

countries, Germany, the Middle live. succeeded Lard

East

India, China, New Zealand. long between Aqaba on the Dead

It seems Abdullah thinks more Australia, and Canada and noti- movement,

as Citrine

the Sex and Syria's frontier with in terms of federalism, of cus-feations from other delegates are in Hollywood recently, and visited of president

Field Marshal Alexander was WETL

Turkey.

toms unions and a

"process of arriving every week. A large ambition for a man of gradualism" than war. His plans As a gesture of goodwill and

"Africa and Japan are sending a film studio. He was in uniform, Trade who is a small man in statue sonal ambitions. mitted to membership.

His hopes for a feeling of relief that invitations to go on the set.

Lord Alexander was talking to unionists of other countries were he is only five feet tall--has more his Hashemite dynasty may well have not been extended to Russia

them when an ass

assistant producer is than mere ambition. Almost pa- be centred on his great nephew, and her satellites. it

Nor did we uneasy about this, since common knowledge that in Russia obtrusively he recently added a times a currency finds its own there were no trade unions as million new subjects living in the the boy-king Feisal of Iraq, now invite the CGT of France, or the came along, looked at his ribbons, CGK ot. Italy both Communist and remarked doubtfully: "Say,

buddy, I think the wardrobe de level in terms of its general they are understood in ́non- Arab areas of Palestine, West of

bodies. A

"During the whole of the life partment may have overdone it purchasing power. That has Communist countries. union the River Jordan, to his kingdom.

Before the actors could put the only partially applied in the is a tree association of free mèn, the question now is how much

time of the World Federation of present case. Sterling is fully able to assemble when and where farther he may try to go and

Trade Unions, those who tried to producer right, Lord Alexander they please, and to bargain with

For Britian subsidises, the worth four American dollars their employers. A trade union What use, if any, he will make of Legion to the extent of $3,500,000 work out an Industrial policy for replied:

the betterment of the working Maybe they did, maybe they About half his 40-odd class regarding its ability to buy in the USSR is simply an agency

were obstructed by the did.” British Army umits, are subject Communists. We can't have that goods in the country of origin.cf the Soviet Government, used

to orders from our Middle East farce all over again." Headquarters, and would certain-

bloc.

There has been much con- fusion in the layman's mind as to why the pound has for some time been worth less than three dellars on the open

post-war

prices. Unele

must

•

markets of the world, while solidarity Soviet Russia was ad- 68. But Abdullah of Transjordan, do not recessarily imply per- | several representatives. There and so were some actors waiting

the official rate was 403. Without controls in normal

to ensure enforcement of a

In the same way, four Hong severe labour discipline and to Kong dollars will buy just as keep up production.

Since the Communist Goveran much here as one US. dollar ment is itself the employer, the in America, but the free rate Russian-worker is helpless, de-

cent months. -

his British-officered Arab Legion.

Is Abdullah merely visionary, or is he a statesman....OT & potential "dictator?

A Devout Moslem

One of the keys to his character has averaged six to one in re-franchised and without trade is his religion. Above all else, union support in dealings with his employers, it was hoped that Abdullah is a devent Moslem. He contact between Russian dele- rises to pray at dawn, punctaat gates and representatives ofing his daily round of conferences genuine trade union movements and receptions with noon, after- from other countries might show noon, sunset and late evening the Russians other ways of pro- prayers. moting working class betterment.

The answer is that there has been an artificial scarcity of U.S. currency as the purchas- ing medium of one of the few countries in the post-war era which can deliver goods and raw materials in large quanti- ties. - Also, it has been re- cognised as sterling was for so long in the past as stable and unlikely to depreciate in value.

Russia Blocks The

Road

at school in England.

And his greatest single. sources power the 10,000-strong Arab legion-is also his greatest weak

ness.

B year.

ly be withdrawn if internecine fighting began.

is

Seems Indiacated.

The Hindu out of Hindustan In Kashmir wears his khaki. But should we call the other

maa

Opposing him a Paki?

•

Kuznetsov Is Angry Without his "key command"

Messages of support have been British officers, under threat of received from trade union organi the withdrawal of our subsidy. sations everywhere. Freed, from Abdullah would have to think Russian obstruction, it will get twice before crossing the Syrian quickly down to its business of played in the ice cream during frontier. He is unlikely to ignore encouraging friendship and co- lunch at the Kursaal,"

operation between the free trade Piping cold. British advice to "go carefully.

unionists of the world.

Optimism On Wall Street

Meanwhile, the Russian propa- manda machine is abusing the new

organisation in

in a great many lan- guages. If the new international is as insignificant as the Soviet propagandists assert, this anger seems difficult to understand.

Mr. V. V. Kuznetsov, head of the Russian delegation at the last meeting of WFTU at. Millan, was i hysterical about the! almost "splitters" who are planning the new organisation. He made aj ions political speech which made

10 the

ail.

all

reference to trade unionism at

The functions of trade unions,

He farts during the month of Ramadhan. He neither smokes nor drinks Public dancing is forbidden in Transjordan. Only i daring handful of the most Euro peanised of his subjects drink Instead, Russian tactics have alcohol in public with foreigners. disillusioned free trade unionists His British officers are forbidden New York, September 18. everywhere. Russia has been

to wear shorts which are con- The stock market took a bright determined from the outset to sidered immodest by Moslems.

view this week on the chances for Sir Stafford Cripps 15 split the world trade union move-

Non-Moslem - women are receiv-industrial peace ment by direct obstruction and

But the ed but rarely by him.

A surge of optimism sent prices known as a shrewd and even tendentious

With propaganda. learned economist, and also as the votes of her satellites and of few who have entered his modest, bounding upward carly in being personally opposed to Communist - dominated trade corrugated iron-roofed palace out week to within shaving distance

unions in France, Italy and else- side his capital at Amman (usual of a 1949 peak Optimism per as he sees it, is to oppose Mar- devaluation Wall Street, where,

cre, Russia sabotaged any con-

as a mark of his gratitude for sisted later despite mounting shall Aid, agitate ly

against the between Labour and Atlantic Fact, and to form per- however, and its senators in structive discussion and used the welfare or political services), find tension

of Federation Washington, were too much World

Trade that he rises and moves forward management in the steel and soft

cal industries. for him. He had little with Unions as a platform for political to greet them with a handshake

propaganda.

in the European manner. which to bargain. American

To make matters worse, trade exports can now earn far unionists, who had spent their more money, an important lives fighting for the freedom of consideration in a "recession" the workers, were being execut

ed, imprisoned or persecuted in period, and if large-scale un fussia's newly acquired term

and employment

economic tories.

Europe paralysis occurs în

is just too bad.

manent peace committees which would see that no warmonger |

At the close of Friday's trad- would ever resist Soviet expan

| Every Friday morning he leads ing the market seemed to have son.

the population of Amman to the little basis for taking anything "But the WFTU needn't bother mosques, riding in his big, red but a bleak view of the strike us too much," Mr. Deakin said. On "They have the platform to them- Cadillac behind the white spatted, outlook in coal and steel. spike-helmeted pipers of his per- Friday, nevertheless, when differ-selves at last, but their only lis

between

labour and teners have been already convert- sonal Royal Hashemite Regiment ences (the Legion's

of management had widened to the ed. The new trade union inter- "Brigade

national, although opposed to carrying

market communism, will not dissipate breaking point, the

An interesting angle to

We had to face reality, and

and jeeps Mr. Arthur Guards" and the Commonwealth, that | not, fool ourselves The World notices in English and Arabic: managed to make a modest gall its energies in that way. It]

Deakin told me Federation of Trade Unions no "Halt Royal vehicle approach longer deserved the title; it had ing.". become dominated by Communists Although the noisy traffic of and so become the instrument of Amman stills at his approach Soviet aggression. Far from up he is the most accessible of holding the rights of the working monarchs. Bedouin tribesmen mill

For the moment, admitted- ly, Britain's all-important ex- ports to hard currency areas will receive a fillip, as long as the goods can be produced There is no guarantee that they can, in any larger quanti- ties than before. But every-

classes, it was a direct menace about his waiting room.

+ The

Dagenham Girl Pipers

*He's taking no chance with

the "Storm Overture", to-night

BY SEA- „BY BIR-

BUTTERFIELD SWIRE

day's trading was the fact that has a constructive job-and it is railway shares did better than going to do it” most other groups. A coal strike, though, would chop deeply into the earnings of some of the na tion's big carrier systems. He to them; the Communist line was "at home" to anybody willing to business in stocks was an addi- The net result of the week's to wreck the salidarity of the get

10 op at dawn

attend his tion of around US$1,000,000,000 morning reception.

Abdullah makes no effort to to the market value of all shares thing the country imports in recent weeks. It was un-impose his intense religious-con-listed on the exchange. A wide from America will be propor-

doubtedly necessary to avoid victions on Christian foreigners, variety of issues sold at the year's

best prices. his British officers. In

Final prices and changes from tionately higher in price, and giving confirmation of the de- or

valuation move until the time deed a most unkingly, puckish it can only be a matter of was ripe to announce it, but sense of humour bubbles behind a week ago of selected stocks:

United States Steel, up 75 esats months before UK. prices are his categorical denials were

a facade of grave courtesy..

23.37; at

Sunshine Mining, up back to what they were last more circumstantial than even Nations officials who dined with at 52.75; Radio Corporation, up Two young American United 2.12 at US$12; Du Pont, up US$1

week.

statesmanship demanded. him recently were shown his 62 cents at 12.12; General Motors, latest acquisitions- magnificent

Jitterbugging-

BETET.

up

1.62 at 34.62

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Raw materials, machinery, There seems no relief for { radiogram and piles of the latest Up 37 cents et 83.12: US. Rubber, even tobacco and films, will Hong Kong in this step, hottest swing records.

Sears Roebuck, up 62 cents at cost more. British labour, although the first reaction in

41.87; American Telephone, up ready disaffected and agitat-the market yesterday was one

cents at 143.12: International ing for higher wages, will soon of cautious optimism It

Telephone, up 62 at 9.25; Anacon- redouble their claims, as they seems probable, however, that

"Now," said the King, through da Copper, up. 37. cents at 27.25; find their ability to buy reduc- US dollars will be scarcer poker-faced interpreter, his Homestake Mining off 62 cents # at 42.75; General Electric, up ed even more. Eventual un- than ever, and the free rate understand this music, US$1 at US$38; Santa Fe, up 4.37

brown, eyes widely innocent. employment would seem in may eventually be quite un- And I have

.seen this at 93.75; Standard Oll of New evitable.

economically high for bond American Jitterbugging So you Jersey, up 87 cents at 10.50

will dance forme, please,”

Associated Press:· The apologists of devalua fide traders.

The two embarrassed Ameri tion insist that the internal

Much of the rest of the cane sitterbugged together in a STALIN'S HEALTH value of the pound is not being altered, and no more it will be, world will suffer too. Britain, room noisy with swing music and for a month or two. As soon the world's greatest importer the laughter of Abdallah as increased export prices be with so many countries tied Arab Legion's British, style ant. The Soviet Foreign Minister, Agenti gin to make themselves felt, to her trading and banking form but he is reluctant to speak Mr. Andrel Vyshinsky, tonight reporters, before leaving however, the real value of all systems will have to pay un-English, preferring to be address- told savings, in banks, stocks and natural rates for the goods shed through an interpreter. Those London Airport for New York shares, insurance policies, requires, and instead of mak- who have heard him correct his tonight, that Marshat Josef Sta- and the like, will be reduceding the wheels go round faster, interpreters raise their eyebrows in's health was magnificent

Mr. Vyshinsky, who is on his exactly as they were by war devaluation may in the long at his modesty.

run slow them down. The en in spite of his reluctance was to attend the United Nations

Assembly,

Connaught Road, C. time inflation

to speak English Abdullah is General A future is dark for us, and even Britain's best friend in the Mid answer questions but relented Branch Office: 56 Connaught Road, We Sir Stafford is not likely to America itself may be unable die East, with a record of loyalty when one asked "How is Mc gain face for his performance to escape the consequences onsurpassed inside or outside the Stalin's bealth-Reuter.

Often these days he wears the

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