1949-12-16 — Page 9

THE CHINA MAIL, FRIDAY, DECEMBER 10, 1949.

PROGRESS OF ARMS PI Patrol

AID NEGOTIATIONS

JAPANESE TEXTILES A THREAT

Montreal, December 14. A Canadian Industrialist to- day indicated that the United States had done little to im- prove the low living standards in Japan, thus threatening the world markets with a flood of cheap goods.

Washington, December 14.

The Secretary of State, Mr. Doan Acheson, today' said that the negotiations on the arms ald bilateral agreement are making excellent progress, and should be completed in a short timo.

He told a Press conference that all substantial questions have been resolved, and that the negotiators are in the drafting stage.

He added it was they have

evident not bogged

that down.

Meanwhile, the

British Am- baseador, Sir Oliver Frinks, called officials nud от Mr. Acheson, hinted that the final settlement of the bilateral treaty with Britain would probably follow.

A Brillah A

shirt : spokesman "Any reservations we may have. won't detrnet from our determi- the North nation to carry out Atlantic treaty." This was the first statement indicating Brilisit treaty "reservations," We'r

He gave this indiention while warning the Canadian cotton in dustry to siny on its toes to meet foreign competillon, experially the Sapanese fo effert, delegates to the watitual neeeting of the Cotton Institute of

Canada

Loid

that the olts pre-war label "Made In Just which betekened tow bel muster a swift cume- prices Duck

M: W S Barrill, President of the Institule, said that vigorous measures must be taken agakist textiles an A flood of Japanese The Canadians market at a little more than the raw material eosis.

He said, "No longer

JL1V runtzol melti exerelser

by the oreupation power over the valuune ot punce of Japatine expants The

15

IS

measures which wer to have been taken

Japan #1

tu cx t""་ pre-Wat conditious of labour abin the ex resively busi statadin of living have apparently Fe! yet been effective Attends wer The prices na Japanesar Textiles on This net at invnd which re- Jent

attle te 1bate us mated in rends This

Bitin

problem agaurd who la Rensures rear taken

Mr Burri Indicates that the industry would ask for insport Controls To prolact Hacif

He satt.

half leathers

obvious IN

"Our

TH

レニー

industry Tages wake ly the most type at pur

based on:

competitam wittch

price Jevela

He said the use of cotton text- iles Cunacha la 130w about 3 per rent above the pre-war levels

However, the volume bas Kong up only about 10 per cent, in- dienting that Canada is cupplying les of the Hotel Canadian de mond *Year! before the war. United Press

JANE WYMAN BEST ACTRESS

London. December 14. June Wyman's portrayal of a deaf mute girl in "Johnny Belinda" was voted the best film acting of the year in an annual poll of exhibitors con- ducted by the "Kinematograph Weekly."

The hinh tiêm trade magú - zine announced the results to-

tay

"Johnny Belinda"

Mun

It is reported that Britain and France are displeased by the

3.

Insistence thal arms shipped to these nations should remain within the North Atlantie area, and should not be usert to replace other arsenals elsewhere

military Both countries have commitment in Asin-Britain Hong Kong and France

Malayn, an t Indo-Chin-- which,

10

be

Slump On Tokyo Stock Exchange

Tokyo. December 15. The drop in Japanese Share prices yesterday, emphasising decline since Inst steady August, plunged the stock market Into the deepest gloom since Japan's surrender

D

With Mitsubishi chemicals drop- ping Y:20 for record single de- cline in any major share. the Tokyo Security Market reported a general decline in what had been regarded as "safe" sloks

Officials of the Finance Ministry called an omergency meeting yea- terday afternoon, but no concrete counter-messures have developed. Following the

the eonference.

MA Finance Minister. Haynto Ikeda, declared Uat there was nu

essential they believe, are maintaining world pence.

A French official said on

aid to AssBUT) "If need for worry because the drop Lali o artes Indo-Uklna is Allowed to Raffected only high-priced shares. Communist, 12 repercussions The Securities Transaction

will certainly be felt in Europe." Commission yesterday ordered at

Other Objections

Other objections have been reported.

It is under

atood that Denmark for one.

The Bizo complained shout

the proposci. U g military mision In Europe Diplo

that mata pointed out

these masions might give large U.S. Russia

ground for another propaganda attack upon the West

口

exchanges throughout the country to tighten down on shares tran- sactions all stock vertiffentes must be received at the time the order for the sale of sted shares is pla at the date for delivery of unlisted stime must be fixed and fuse to rarry out the terms will be severely punished

Japanese evespapers that emot - ning repeated that all borchs aut Insurance emphnies has begun buying up bares to check the downward t the

Among the leaders affected by Nihon Beet the dechne Company Mitsukoshi Department Stores. murine insinatire shares and foodstuff stocks

The arton wording of United States drafts for the pro- treaties res posed bilateral arms

US omelats mains secret, bui

follow mali? that the terms will the general lines laid down in the which military ald legislation, Congress stipulated that the am should be used only for the mutual defence of Atlantic Part nations

I provided that they could nut be transferred to any other ne Hon o Aren without the speelf

pproval of the United States

M. Acheson Best sensed and then confirmed that the United States and her Atlantic Part alles are all disputing over tir conditions for sending U. S. arms aid to Europe

ELAY

Mr. Acheson had denier reference that the negotiations eovering the terms for sending arma old to Europe have hit some shage,

Statement Roversed

He reversed himself atter at hour-long conference with the British Ambassador, Str Oliver Franks, on dificulties that have cropped up during the tions in progress since ber 3.

negolia Novem

The reversal was contained tr a statement issued by the State Department on Mr. Acheron's be half.

also WE picked as the second most po The statement said: "In answe. pular picture of the year with to questions, the Secretary of British audiences. Top place State said he thought all ques- went to the British Alm "The tions of substance on the M- Third

tary Ald Programma bilateral agreements had been rosolved and that we were now in the

He drafting atago.

wishes to correct this statement in the light of later knowledge. are still some questions of sub- stance which are under

consi- deration, and which wil take further discussion to resolve."

Afac Ladd was the most po pular star with comedian Danny Keyc a close second.

Montgomery Clift was selected the most promising newcomer for his work in "Red River."--Asso- ciated Press.

Freetown, December 14. Sir John Lucle-Smith, the Chief Justice of Sierra Leone, who was shot in his house here on Satur day night, is stated today to be making satisfactory progress.— Reuter.

There

Sir Oliver acknowledged that the pair discussed "one or two matters arising out of the bila- teral negotiations on the Military Aid Programme," but said could not comment оп Acheson's statement. - United Press,

TUDOR PRESENTS FEMININE ELEGANCE

IN GOLD AND SUEDE

TUDOR

HAD MY POJUJY

Worn with a suede cord, the glowing gobicn bash of thủ Tudor Adler titch đa parti

· Iarly beatiful sisil attractive in appearance...?“ It is ideal both for afternoon and evening, ,wear, and embodies all the skill and pro-

elson`sssociated. For over" go year with h ...the great Series Kiem of Rofen.. It is only one

of the wide and striking rings of Tudor. "models, all of which are set with 19 Jewels, And, like the famom Rolex timèplaces, wen In gross demand throughout the world, (Arallable in 58-cam se g-cam golf.

PRECISION—WEDDED

TO ELEGANCE,

ho

M-.

ACTA

The record top of Y120 in Mit- brought the subishi chemicals poer of these issues down to Y636

Of Coastline

to

Manila, December 14. Informed omoin sources said that the Philippine Naval establish Patrol plana shortly. a. patrol force of at least 17 chips, in order ta guard the coastlines more af- fectively,

The Naval Patrol is being togal used to prevent the

and to nab entry of allon -smugglers, in addition to ful- Miing duties as an integrat part of the armed forces. Naval Patrol ships took part

IN the recent operations

against Mora outlaws in Bulu.

The proposed patrol force will be divided into squadrona assigned to the various porta of the archipelago. it im understood that

Anna- an poils

Commander graduate, Carlos Albert--now alde to President Quirino-may com. mand tho patrol force. United Press.

PI GOLD INDUSTRY WORRIED

Heavy Fines In Diamond Case

London, December 14.

Penalties of £281,175 and two, prison sentences

were imposed today in the Tangier diamonds!

COSO.

A British firm and two of its officials in the case were accused of customs evasion and illegal export of geris.

The case arose out of allega-

tions by the Boart of Trado INDIA TO

that Britain. lost dollars by rough diamonds, worth £75,- 274, being sent to Tangler- where they could, be, bought | by New York diamond mer- chants at a cheaper rate in dollars-instead of being sent direct to America.

IMPORT COTTON

New Delhi, December 14. India has decided to allocate foreign exchange immediately The firm, 1. Heinly and Com-for the import of 800,000 bales pany, was ordered to pay fines of cotton from various coun- and costs amounting to £137,850.tries including hard currenty

George Frederick Prins, 4

director of the firth, was gooled areas to meet the cotton for nine months and ordered to shortage. pay penalties totalling £137,100. Harry Brooke, a manager of the company, was sent to prison, for six months, and ordered to pay penalties amounting to £9. 523,

A Press note announcing this said that of this quantity 22,000 bales had already been secured from East Africa by bulk pur- chase jointly with the Kingdom Raw Materials

United Com-

The note gave India's annunt bales-imports from Pakistan. Imports as approximately 000,000

Hennige, A. G. Parser Inpermission. porated of New York and London, the International Bank of Tanglor and London, and Harry Winston Incorporated of New York and Manila, December 15.

London, were summoned to show Mining sources today ex-

cause why cartaln porccis of pressed the fear that the Cen-diamonds-seized by customs men

General Post Office tral Bank order subjecting all at the

od.

in

gold transactions here to London--should not be conflant- licensing might lead to virtual killing of the Philippine gold mining industry.

The licensing

order wha Ap- parently aimed at discouraging

201 eliminating the free mar ket for gold here-it provides thal

who Arms peractis m

with possess gold hall deposit 1 the Central Bank and that gold disposal for domestic use or ex- post must be subject to licence. that feared that Mning sources und gold producers might find cult to continue operations

ón

To Appeal

They failed to do so and z condamnation order wat made

the respect of

diamonds solved by the authorities. Thi means that the diamonds will ho forfeited.

Notice of appeal against sentences and against the demnation order was given.

the con-

of

The expected domestic crop is understood to be about 2,000,000 bales of which 200,000 have been earmarked for export.

Carry-over stocks with Indian mills were estimated at 1,300,000 bules and with the proposed in- crease of imports of about 200,- 000 boles it was stated here this there should be no immediatu

the anxiety regarding position.

supply

If the export target of 800,000, 000 yards of cotton is exceede 1 more eption, it was understool, would be allowed to be Imported. .-Reuter,

EQUAL EDUCATION DISPUTE

London, December 14,

Labour, Hughes,

Mr. Hector

The International Bank Tangier and the two New York firms yesterday claimed in court abolished. In if the free market

three lots of diamonds which had There were no been detained. Costa, view of high production

criminal summonses against the moat unic Anld thot, They

usked the House Commons lo- able to continue bank or the American firms. producers are

One of the witnesses called by day on what grounds the British marketing old at more than the

the defendants, Mr. F. A. Mathias, delegation to the United Nations Metal world price of US$35 an

against wartime Diamond Controller In General Assembly voted they may have to close Britain, the magistrate recalled, equal education for children of all seemed to say that if the defen- race in non-self-governing terri- The Central Bank dies

on these tories.

industry the diamond charges would bo destroyed and that Britolu would lose dollars Amounting ja (£42,000,000) a year-Reuter.

down.

not

from the bigh of Yi,136 on August | compel gold dealers to sell at $35 dants were convicted

26. Reuter

TELEVISION BUT

NO AUDIENCE

Vatican City, December 14. The opening ceremony of the Itely Year will be televised this Christmas Eve for the first me in history-but only a handful of people will see il.

A high-power television trans- mitter with a 100-mile radius has Just arrived in Rome as a gift from French Catholles to the Pope. But Italy has no television net work so will be impossible for the transmissions to be retay- ed outside the country.-Reuter,

NEW DOGMA TO BE PROCLAIMED

Vatican City, December 14. High Vatican sources said that Pope Plus has decided id proclaim on December 9, 1930 the dogma of the Bodily Assumption of the Virgin Mary to Heaven.

the

The source indicated that the Pope had hoped to declare the new dogma-the first of the 20th cen- tury on August 15, 1950, feast day of the Assumption, but the necessity of completing ar- rangements made that date im- possible-United Press.

but producers fear that buyers are not likely to continue buyin unless they can hold the metal themselves.

blank

Despite the Central Bank order, i reported that tho

Nice, December 14. market gold price had Ex-King Michael of Rumania rison to U8358, from previous and his wife, Princess Anne of maximum of $67. The black Bourbon-Parma, left Villefranche, market rate for the U.B. dollar near here today, for Florence by

'to -legally equivalent

two car-Reuter. peace shot up to

2.80 pasos: from 2.22.

from

The Central The Ce

Bank Issued a supplementary circular regarding exchange control, exempting from licensing, sales by authoris ed banks of

cable drafts and transfers in amounts not excond- ing $80, provided-not more than one sole is made to any purchaser In any calendar month.--United Press,

LONDON FRACAS

London, December 14, Communist members of the powerful Transport and General Workers Union stormed its head- quarters, Transport House, to- night to try and protest to the Executive against its ban of Com- munists holding office in the Union.

Police dragged some 150 demon- strators out of the building and placed guard on it before the men could get up the stairs to reach the Committee-Reuter.

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The Colonial Secretary, Mr. Arthur Creech Jones, replied that the vote was not cast against the principle of equal education Buch. A vole in favour would have implied an admission that the United Nations had a locus standi for interfering in British Way colonial administration in a which the United Nations Char- ter did not, In fact, support, he

sald.-Router.

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